Just now, Boogyman said:

Good. Anything that keep your disgusting drunk ass from behind the wheel of a motor vehicle is a good thing, you pathetic, reckless, drunk idiot.

How do you know where Im sitting is not behind the wheel of a vehicle?

All that ranting from a drug addict. You need help but Id rather watch you deteriorate.

😂😂😂

 

5 minutes ago, lynched1 said:

How do you know where Im sitting is not behind the wheel of a vehicle?

All that ranting from a drug addict. You need help but Id rather watch you deteriorate.

😂😂😂

 

Addict? Naahhhhh I do enjoy myself from time to time in the safety of my own home. Luckily for me and those around me I would never even think to risk another's safety in the slightest out of my own selfishness.

Your projection is interesting though. Do you do that to make yourself feel better about your own disgusting lifestyle of putting others in harms way? I mean you did brag about going to work drunk. 

6 minutes ago, ToastJenkins said:

Laughable

Hyperbole and mild trolling aside, what exactly was inaccurate with my post?

About the only negative economic news right now is inflation + supply chain issues (which I believe are very linked), and labor participation. I think we may see a new baseline on labor participation as some simply make the choice to go from dual-income to single-income. 

The issues of monetizing the debt are also a concern. But best we can do is see QE wind down and start raising rates a little. Then we'll see whether the economy is strong or not. But I don't see much actual weakness in the economy itself. Lingering effects on the supply chain notwithstanding.

Did anybody catch the segment on 60 minutes about the supply chain? I am not in logistics so I don't have enough knowledge to know whether it was a fair assessment of the issues.

1 minute ago, Boogyman said:

Addict? Naahhhhh I do enjoy myself from time to time in the safety of my own home. Luckily for me and those around me I would never even think to risk another's safety in the slightest out of my own selfishness.

Prove it

7 minutes ago, lynched1 said:

Prove it

To you? No. I don't need to prove a thing to you. And you already bragged about being a scumbag so I'll just take your word for it that you are in fact a scumbag, scumbag.

11 minutes ago, JohnSnowsHair said:

Hyperbole and mild trolling aside, what exactly was inaccurate with my post?

About the only negative economic news right now is inflation + supply chain issues (which I believe are very linked), and labor participation. I think we may see a new baseline on labor participation as some simply make the choice to go from dual-income to single-income. 

The issues of monetizing the debt are also a concern. But best we can do is see QE wind down and start raising rates a little. Then we'll see whether the economy is strong or not. But I don't see much actual weakness in the economy itself. Lingering effects on the supply chain notwithstanding.

Did anybody catch the segment on 60 minutes about the supply chain? I am not in logistics so I don't have enough knowledge to know whether it was a fair assessment of the issues.

That can’t happen without tanking the economy. This is the trap we jumped into back in 2008 and 2009. Rates can’t rise because that would massively increase deficits due to how much short term debt the US rolls over. And the Fed can’t stop printing because the demand to buy our debt isn’t there. You let the market try to fill the gap and rates explode. That in turn blows up the whole financial system.

The analogy I’ve made over the last decade is the event horizon of a black hole — once you pass it you can’t escape. The math just doesn’t work. That’s where we are. No win situation at this point, so the powers that be will stay the course and hope when the music stops they’re not in charge.

9 minutes ago, JohnSnowsHair said:

Hyperbole and mild trolling aside, what exactly was inaccurate with my post?

About the only negative economic news right now is inflation + supply chain issues (which I believe are very linked), and labor participation. I think we may see a new baseline on labor participation as some simply make the choice to go from dual-income to single-income. 

The issues of monetizing the debt are also a concern. But best we can do is see QE wind down and start raising rates a little. Then we'll see whether the economy is strong or not. But I don't see much actual weakness in the economy itself. Lingering effects on the supply chain notwithstanding.

Did anybody catch the segment on 60 minutes about the supply chain? I am not in logistics so I don't have enough knowledge to know whether it was a fair assessment of the issues.

I can see this. I'm unemployed because I choose to be. One income is more than enough for all our family's needs. I don't draw on any goverment benefits and have a few passive income streams, but I am technically unemployed.

6 minutes ago, Boogyman said:

I can see this. I'm unemployed because I choose to be. One income is more than enough for all our family's needs. I don't draw on any goverment benefits and have a few passive income streams, but I am technically unemployed.

Shocking

Just now, ToastJenkins said:

Shocking

That I would have been so successful in life? Not really if you knew me.

33 minutes ago, Boogyman said:

To you? No. I don't need to prove a thing to you. And you already bragged about being a scumbag so I'll just take your word for it that you are in fact a scumbag, scumbag.

From a drug addled junkie no less. 😂

32 minutes ago, TEW said:

That can’t happen without tanking the economy. This is the trap we jumped into back in 2008 and 2009. Rates can’t rise because that would massively increase deficits due to how much short term debt the US rolls over. And the Fed can’t stop printing because the demand to buy our debt isn’t there. You let the market try to fill the gap and rates explode. That in turn blows up the whole financial system.

The analogy I’ve made over the last decade is the event horizon of a black hole — once you pass it you can’t escape. The math just doesn’t work. That’s where we are. No win situation at this point, so the powers that be will stay the course and hope when the music stops they’re not in charge.

The debt trap is a significant problem, though we have no idea when it will hit or how bad it will be.

How much debt is the fed holding vs private and foreign investors? Raising the rate should attract more investors.

3 minutes ago, JohnSnowsHair said:

 Raising the rate should attract more investors.

Interested?

2 minutes ago, lynched1 said:

Interested?

No. I'm not nearly risk averse enough to think US treasuries are a good investment.

But there are buyers for treasuries beyond the fed. Just don't know what the demand actually is.

2 minutes ago, JohnSnowsHair said:

No. I'm not nearly risk averse enough to think US treasuries are a good investment.

But there are buyers for treasuries beyond the fed. Just don't know what the demand actually is.

Demand based on what? What does the US have to offer worth investing in?

15 minutes ago, lynched1 said:

From a drug addled junkie no less. 😂

Cool beans, scumbag!

3 minutes ago, Boogyman said:

Cool beans, scumbag!

When your person of financial security sends you out to the corner for another score are you given cash for the transaction or are you expected to barter?

3 minutes ago, lynched1 said:

When your person of financial security sends you out to the corner for another score are you given cash for the transaction or are you expected to barter?

I don't even know what that's supposed to mean.

5 minutes ago, Boogyman said:

I don't even know what that's supposed to mean.

😂

12 minutes ago, Boogyman said:

I don't even know what that's supposed to mean.

Pretty sure he's referring to your pimp

2 hours ago, Toty said:

this graph isn't particularly flattering for your tribe either, Van

Of course it’s not. It’s downright abysmal. Look at the blue line on the far left and compare it with the red line during the Trump years. Dems are pathetic. They can’t even support their own President properly.  That’s the downside of dealing with a religion and not a cult; it’s based on a rigid moral code and not an infallible man  

But what it tells you is that the economic doom and gloom from the right is, as always, manufactured partisanship. 

8 minutes ago, VanHammersly said:

Of course it’s not. It’s downright abysmal. Look at the blue line on the far left and compare it with the red line during the Trump years. Dems are pathetic. They can’t even support their own President properly.  That’s the downside of dealing with a religion and not a cult; it’s based on a rigid moral code and not an infallible man  

But what it tells you is that the economic doom and gloom from the right is, as always, manufactured partisanship. 

I feel like disliking the President is way more normal than making golden statues of him.

1 hour ago, Boogyman said:

That I would have been so successful in life? Not really if you knew me.

That you would be lazy and unemployed

52 minutes ago, JohnSnowsHair said:

The debt trap is a significant problem, though we have no idea when it will hit or how bad it will be.

How much debt is the fed holding vs private and foreign investors? Raising the rate should attract more investors.

The Fed currently holds a little over $6T of our $28T in debt. So figure by the time the infrastructure deal is incorporated it will be about 25% of our total debt.

I would argue the debt trap already hit and we are in it. We can’t stop the increases in spending, let alone cut the deficit, without going into a deflationary spiral. We can’t raise rates. We basically can’t do anything but keep borrowing and printing.

The last chance to "take our medicine” was the financial crisis of 2008. But even that would have been a cataclysmic event. It would have been completely unpalatable to ordinary voters. We don’t have the national fortitude and will to grin and bear it through another Great Depression. 

1 hour ago, JohnSnowsHair said:

The debt trap is a significant problem, though we have no idea when it will hit or how bad it will be.

How much debt is the fed holding vs private and foreign investors? Raising the rate should attract more investors.

And crush the federal budget with interest…

2 hours ago, JohnSnowsHair said:

false. and even the lower than expected numbers from September were revised up significantly in the most recent (both August and September received robust revisions).

sorry man, all signs are pointing to the Biden Express pulling away from the station. better get on board or get left behind.

Labor force participation rate by year

Date
Oct 1, 2021	61.60%
Jan 1, 2021	61.40%
Jan 1, 2020	63.40%
Jan 1, 2019	63.10%
Jan 1, 2018	62.70%
Jan 1, 2017	62.80%
Jan 1, 2016	62.70%
Jan 1, 2015	62.90%
Jan 1, 2014	62.90%
Jan 1, 2013	63.70%
Jan 1, 2012	63.70%
Jan 1, 2011	64.20%
Jan 1, 2010	64.80%
Jan 1, 2009	65.70%
Jan 1, 2008	66.20%
Jan 1, 2007	66.40%
Jan 1, 2006	66.00%
Jan 1, 2005	65.80%
Jan 1, 2004	66.10%
Jan 1, 2003	66.40%
Jan 1, 2002	66.50%
Jan 1, 2001	67.20%
Jan 1, 2000	67.30%
Jan 1, 1999	67.20%
Jan 1, 1998	67.10%
Jan 1, 1997	67.00%
Jan 1, 1996	66.40%
Jan 1, 1995	66.80%
Jan 1, 1994	66.60%
Jan 1, 1993	66.20%
Jan 1, 1992	66.30%
Jan 1, 1991	66.20%
Jan 1, 1990	66.80%
Jan 1, 1989	66.50%
Jan 1, 1988	65.80%
Jan 1, 1987	65.40%
Jan 1, 1986	64.90%
Jan 1, 1985	64.70%
Jan 1, 1984	63.90%
Jan 1, 1983	63.90%
Jan 1, 1982	63.70%
Jan 1, 1981	63.90%
Jan 1, 1980	64.00%
Jan 1, 1979	63.60%
Jan 1, 1978	62.80%
Jan 1, 1977	61.60%