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5 hours ago, ToastJenkins said:

Yup

i am piling up cash for a buying spree. Probably next yr

Been putting off quite a few purchases myself. I need a new project.

 

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1 hour ago, JohnSnowsHair said:

Profit take for October or let it ride? 

Decisions....

Split the difference

3 minutes ago, lynched1 said:

Split the difference

Do or do not

20 hours ago, lynched1 said:

🤣🤣🤣

You act like I'm one of those losers that bought the vaccine lies. 

No, you’re just a moron.  I, on the other hand, am completely aware of the investments in clean energy shell has made.  But continue making a fool of yourself.

39 minutes ago, barho said:

No, you’re just a moron.  I, on the other hand, am completely aware of the investments in clean energy shell has made.  But continue making a fool of yourself.

You're barely self aware. 🤣

2 hours ago, lynched1 said:

You're barely self aware. 🤣

Ok hick.  You calling me barely self aware is a riot 🤣

On 10/28/2022 at 3:22 PM, jsdarkstar said:

In other news, over 50% of the cost of Inflation is due to Corporate Profits. Greed is the major factor for Inflation. Artificially inflating the cost of goods is really good for the American People. Let's give them another tax cut.

This simply is not true. The ones that are artificially inflating cost of goods are mostly politicians. It’s their policies that artificially mess with supply and demand of goods. 

On 10/28/2022 at 4:57 PM, jsdarkstar said:

No but prices are and that's a fact.

Prices are a direct result of supply and demand. Prices are only artificial when the demand and or supply is artificial. IE, the government shuts down some businesses which severely decreases supply on most products. Prices go up.
 

In turn, they print and hand out tons of money which drastically increases demand, never mind what it does to the value of the dollar. Prices go up. 

1 hour ago, barho said:

Ok hick.  You calling me barely self aware is a riot 🤣

Whoa. Terribly cosmopolitan of you.

**** smells the same in a city street as much as it does in any outhouse. Doesn't make you any less a POS. 😉

1 hour ago, lynched1 said:

Whoa. Terribly cosmopolitan of you.

**** smells the same in a city street as much as it does in any outhouse. Doesn't make you any less a POS. 😉

I don’t live in a city, just a rather affluent suburb.  But good try, hick.

1 hour ago, barho said:

I don’t live in a city, just a rather affluent suburb.  But good try, hick.

"Affluent suburb" Damn internet peasant.

I live in 5500 square foot Mc Mansion with a daily rotating staff of illegals to maintain the pool, tennis courts, and golf course.

Ain't the internet great?

🤣🤣🤣

 

 

On 7/28/2022 at 4:43 PM, TEW said:

We are officially in a recession, it’s just that it’s been 40 years since we had an inflation driven one. Two quarters of negative growth is what it is.

The fed will always signal strength and stability. I don’t mean that as a knock on them because you don’t want them spooking markets. It is what it is. Just take what they say with a giant grain of salt. It’s the same institution that had Bernanke saying the housing market is strong heading into the financial crisis.

As far as supply chain issues and inflation, something to keep in mind is that consumers got a huge jolt of spending power from the stimi checks, and basically all income levels have about 25% more cash on hand in their checking account than they did before COVID. So the consumer still has some dry powder left to cope with inflation, but I’m thinking once that cash is spent the economy could get thrown into a quick deflationary spiral as suddenly higher costs from inputs price people out of discretionary purchases. Or maybe the consumer is now going to keep higher savings? That would be interesting.

The reaction to that would determine a lot, but if the government goes for more stimulus, we could go from high inflation, to deflation, back into high inflation pretty quickly.

On China… they increasing have unemployment among their youth, which is really concerning from a structural view. You’re right about their demographics — China has been a huge buoy to the global economy and them flipping negative could be pretty catastrophic.

Interesting times…

:lol:

What's going on in the oil industry? Correcting from pandemic-related issues (low demand, supply chain problems, etc.) while keeping prices artificially high, helps the industry earn record profits, pumps up the companies, and rakes consumers.

 

 

3 hours ago, toolg said:

 

Man Bidenflation is spreading everywhere!

image.png.f3a3fd5ac899e2b1bfca9422b09d0053.png

I just can’t…

On 10/5/2022 at 10:30 AM, EaglesRocker97 said:

FB_IMG_1664979947326.thumb.jpg.1453ea83b64445d126c464832b74c7d9.jpg

 

Lol, even WSJ is buying in....

 

Quote

If the Philadelphia Phillies Win the World Series, Prepare for an Economic Crisis

It happens every time a team from the city succeeds

https://www.wsj.com/articles/philadelphia-phillies-world-series-houston-astros-financial-crisis-recession-11666879792

 

Dopey crap like this makes people believe in crystal healing and angels.

This ^^^^ from a "guy" who dresses like a medieval minstrel and plays a lute in public parks.

5 minutes ago, The_Omega said:

This ^^^^ from a "guy" who dresses like a medieval minstrel and plays a lute in public parks.

LARPING GIF | Gfycat

1 hour ago, Toastrel said:

Dopey crap like this makes people believe in crystal healing and angels.

oh look at you waving around your fancy high minded ideas about "healthcare"

1 hour ago, The_Omega said:

This ^^^^ from a "guy" who dresses like a medieval minstrel and plays a lute in public parks.

Such a rich fantasy life you have, and yet, here you are fantasizing about me.

You poor, sad, little creature.

1 minute ago, Toastrel said:

Such a rich fantasy life you have, and yet, here you are fantasizing about me.

You poor, sad, little creature.

No fantasy, you've posted the pictures in the past.  Don't deny it, be proud of who you are.

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