March 11, 20223 yr Author 11 minutes ago, The_Omega said: Children What are you queefing about, queefmaster? You're really hard to follow, borderline incoherent at most times.
March 11, 20223 yr Looks like the resident middle schooler learned a new word today. Did it hurt when the mean kids were calling you that in the lunch room? Kids can be so cruel.
March 11, 20223 yr Author 3 minutes ago, The_Omega said: Looks like the resident middle schooler learned a new word today. Did it hurt when the mean kids were calling you that in the lunch room? Kids can be so cruel. Looks like you have a few extra neurons misfiring today. I'll try to be patient and wait for you to come up with a point worth arguing over.
March 11, 20223 yr Author 7 minutes ago, The_Omega said: Am I gonna read what Sparky just had to say? No, I don’t think I will.
March 11, 20223 yr Biden to Tap Colombia As Next Major Non-NATO Ally Colombia will bring the total to 19 countries that get access to increased collaboration on the development of defense technologies; privileged access to the U.S. defense industry; increased joint military exchanges, exercises, and training; special access to military equipment financing; and more.
March 11, 20223 yr 4 hours ago, The_Omega said: Seems like mere days ago when we were lectured that the President can’t do anything about the price of oil. Weird. "Beg Back Better" Boom! 🤣
March 11, 20223 yr Wall Street Breakfast: Inflation Gets Worse Inflation took a turn for the worse in February as U.S. consumer price growth rose by 7.9%, representing the largest 12-month increase since January 1982. Core CPI, which excludes volatile food and energy - and is the Fed's preferred gauge of inflation - even advanced 6.4% Y/Y, according to the Labor Department's Bureau of Labor Statistics. All the numbers were gathered before the supercharged commodity rally driven by Russia's invasion of Ukraine, suggesting the red-hot inflation figures are nowhere close to peaking. Biden is full of ish
March 11, 20223 yr Interesting and big change coming out of the bipartisan budget deal: earmarks are back. Earmarks get a bad rap. Eliminating earmarks resulted in increased partisanship and budget by brinksmanship. Earmarks lead to some pork, but that pork is minimal compared to the cost of a paralyzed govt unable to respond to the needs of its citizens. This is one instance where turning back the clock to the way it used to be is going to be a net gain. Separately, this is something Biden absolutely needs to work on from an economic standpoint: https://fred.stlouisfed.org/series/DSPIC96 Take a look at the 5 year chart. This is probably a huge contributor to the sentiment people are feeling. Despite the fact that unemployment is way way down, growth is good, and economically we're in better shape than every other comparable economy post Covid, the reality for the middle class is that they feel like they have fewer disposable dollars to spend to feel a part of that recovery.
March 11, 20223 yr 8 hours ago, lynched1 said: Both are true. Biden must acknowledge inflation domestically if he is going to do anything about it. But the sanctions have had far worse effects in Russia. In America, we all have to suck it up to pay more for stuff in a booming economy. In Russia, businesses and banks are closing. Their economy is collapsing.
March 11, 20223 yr 11 minutes ago, toolg said: Both are true. Biden must acknowledge inflation domestically if he is going to do anything about it. But the sanctions have had far worse effects in Russia. In America, we all have to suck it up to pay more for stuff in a booming economy. In Russia, businesses and banks are closing. Their economy is collapsing. Booming economy? We’re on the brink of a recession due to more than likely stagflation.
March 11, 20223 yr 1 hour ago, Blazehound said: Wall Street Breakfast: Inflation Gets Worse Inflation took a turn for the worse in February as U.S. consumer price growth rose by 7.9%, representing the largest 12-month increase since January 1982. Core CPI, which excludes volatile food and energy - and is the Fed's preferred gauge of inflation - even advanced 6.4% Y/Y, according to the Labor Department's Bureau of Labor Statistics. All the numbers were gathered before the supercharged commodity rally driven by Russia's invasion of Ukraine, suggesting the red-hot inflation figures are nowhere close to peaking. Biden is full of ish The scary part is, 7.9% is the fake government tally. Reality is much worse.
March 11, 20223 yr 4 minutes ago, Blazehound said: Booming economy? We’re on the brink of a recession due to more than likely stagflation. Job growth numbers, the stock market, pretty much all economic indicators LINK will disagree with you. The 1970's called and want their terms back.
March 11, 20223 yr 9 minutes ago, Blazehound said: Booming economy? We’re on the brink of a recession due to more than likely stagflation. tell me you don't know what a recession is without telling me you don't know what a recession is. the US economy grew at an annual pace of 7% in Q4 2021. this still outpaced a relatively high inflation rate for the quarter. we're not "on the brink of a recession". it may come, but there are no signs pointing that way. employment continues to trend up, the job market is better than it's been in my lifetime, and companies are recording historically high profits. it's not all roses, there are obviously problems we have to deal with, virtually all traced back to dealing with COVID. but jesus dude, take a toke and relax.
March 11, 20223 yr 52 minutes ago, JohnSnowsHair said: tell me you don't know what a recession is without telling me you don't know what a recession is. the US economy grew at an annual pace of 7% in Q4 2021. this still outpaced a relatively high inflation rate for the quarter. we're not "on the brink of a recession". it may come, but there are no signs pointing that way. employment continues to trend up, the job market is better than it's been in my lifetime, and companies are recording historically high profits. it's not all roses, there are obviously problems we have to deal with, virtually all traced back to dealing with COVID. but jesus dude, take a toke and relax. On the brink may be overstated, but you’re naive if you don’t see any signs. But have you taken a look at the yield curve spread lately? Not to mention the GDP forecast was slashed just today by GS. Signs are pointing more and more likely towards recession.
March 11, 20223 yr 8 minutes ago, Blazehound said: On the brink may be overstated. But have you taken a look at the yield curve spread lately? Signs are pointing more and more likely towards recession. investors are flocking to safety given what's been going on. not surprising. we approached this 2 1/2 years ago, but there weren't any other signs of a pending recession then either, and the yield curve started to rise again. the UAE announcement was big.
March 11, 20223 yr 2 hours ago, Blazehound said: On the brink may be overstated, but you’re naive if you don’t see any signs. But have you taken a look at the yield curve spread lately? Not to mention the GDP forecast was slashed just today by GS. Signs are pointing more and more likely towards recession. I have seen analysts predict there is somewhere between 7%-70% chance of recession this year. In other words, they don't know. So someday, yes, I have full confidence there will be another recession. Within the next 12 months? Who knows?
March 11, 20223 yr 12 minutes ago, toolg said: I have seen analysts predict there is somewhere between 7%-70% chance of recession this year. In other words, they don't know. So someday, yes, I have full confidence there will be another recession. Within the next 12 months? Who knows? some people's expectations of a recession are heavily influenced by the political party occupying the White House at the time.
Create an account or sign in to comment