« previous next »
Pages: 1 ... 48 49 [50] 51 52   Go Down

Author Topic: The Economy is Going to Implode  (Read 127823 times)

1 Member and 14 Guests are viewing this topic.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #980 on: January 18, 2024, 12:43:50 PM »
Well, I said this could spell our doom...among many competing things...

But, give it access to financial systems...

https://thelibertydaily.com/sec-chief-warns-ai-big-tech-monopolies-could/

...obviously it could wreak havoc.  But since when have TechLords or Megalomaniacs with dreams of domination or regulators and politicians cared about bad outcomes?

 ::outrage::
« Last Edit: January 24, 2024, 09:07:59 AM by Libertas »
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #981 on: January 26, 2024, 08:42:20 AM »
The fracking short sellers the past coupe weeks have been annoying me...but, that is what they do...

As for the perils of loose money and insane federal spending and all that noise...

I knew this was getting bad...seeing the numbers though is horrifying...and if the same lunatics keep calling the shots it will only get much much worse...

Q4 GDP rose by $329 billion to $27.939 trillion, a respectable if made up number, what is much more disturbing is that over the same time period, the US budget deficit rose by more than 50%, or $510 billion. And the cherry on top: the increase in public US debt in the same three month period was a stunning $834 billion, or 154% more than the increase in GDP. In other words, it now takes $1.55 in budget deficit to generate $1 of growth... and it takes over $2.50 in new debt to generate $1 of GDP growth!

Needless to say, this is unsustanable, and is why even the St Louis Fed FRED database now admits that total Federal interest payments have surpassed $1 trillion for the first time ever (and are about to go exponential).

Oh, and before we forget, a reminder that all US jobs created since 2019... have gone to foreign born workers.

https://www.zerohedge.com/markets/gdp-number-was-great-there-just-one-huge-problem

That is what the intentional destruction of America from the inside looks like...this is totally unsustainable...all exits involve pain...and there is almost no time left to save this patient...

In the meantime we can entertain ourselves with another round of 20% ratio betting...

https://www.zerohedge.com/markets/watch-yield-curve-clues-treasury-refunding

I will take the over.
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #982 on: February 02, 2024, 09:56:14 AM »
https://www.zerohedge.com/markets/fed-has-pay-attention-simply-stunning-payrolls-report

https://www.zerohedge.com/markets/january-jobs-shocker-payrolls-explode-353k-double-expected-and-higher-all-estimate-wages

It's all fun and games when data gets funnier, when Presidential election year politics silliness kicks in and collisions with reality happen...

Strap in...Fed butts are about to get hot...
Logged
We are now where The Founders were when they faced despotism.

Online ToddF

  • Conservative Superhero
  • *****
  • Posts: 5844
Re: The Economy is Going to Implode
« Reply #983 on: February 02, 2024, 01:28:51 PM »
Quote
Not only that, but while the US allegedly added 353K jobs, and employment dropped by 31K, full-time jobs actually declined by 63K and part-time jobs surged by 96K,

That's when I knew the 353,000 was bogus.
Logged

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #984 on: February 05, 2024, 08:16:11 AM »
Quote from: ToddF on February 02, 2024, 01:28:51 PM
Quote
Not only that, but while the US allegedly added 353K jobs, and employment dropped by 31K, full-time jobs actually declined by 63K and part-time jobs surged by 96K,

That's when I knew the 353,000 was bogus.

Yup, it's the same crap they've been pulling the past 3 years...game the numbers, see the new numbers and be forced to do a prior period adjustment and blame it on x,y,z...rinse/repeat...

And the real shift from FT  to PT and the steady flow of people out of the labor market continues...

And some of these outfits reporting good quarterly returns is through allowable accounting gimmicks like restructurings and such and the layoffs that they spawn...

Same BS that keeps happening at my crap run outfit...but, I don't care...I'm near the end...retirement/layoff...can't say I really care what happens next...although a layoff might have me walk away with a few more bucks...
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #985 on: February 06, 2024, 08:32:13 AM »
While American's struggle to afford any kind of energy...corrupt puppet sells our coal to India...

https://www.zerohedge.com/commodities/biden-makes-coal-great-again-exports-soar-india
Logged
We are now where The Founders were when they faced despotism.

Online patentlymn

  • Conservative Hero
  • ****
  • Posts: 3977
Re: The Economy is Going to Implode
« Reply #986 on: February 06, 2024, 01:07:36 PM »
When US decreases US CO2 emissions they just get moved to other countries. Also., India imports RU oil then resells it to EU who boast they are not importing as much RU oil.
Logged
When the law becomes a ruse, lawlessness becomes legitimate. -unknown

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #987 on: February 07, 2024, 08:12:35 AM »
That is just the ponzai scheme side of things you are not allowed to look at or mention...that knock on your door is the local thought police with a helpful offer for rightthink to correct your wrongthink...

(snort!)

In other news...get ready to sell DIS stock...if anybody had that woke crud...

https://www.zerohedge.com/political/way-fired-mandalorian-star-sues-disney-lucasfilm-after-elon-musk-offer

...make them hurt and cry!

ETA -  Casino's open on a up-swing...DIS down 2.14 already.
« Last Edit: February 07, 2024, 08:37:38 AM by Libertas »
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #988 on: February 09, 2024, 10:16:51 AM »
Saw this coming long ago...

https://www.zerohedge.com/personal-finance/credit-card-auto-delinquencies-soar-especially-age-group-18-39

...which I why I recently sold off my last financial stock...

And, want to blow up the banks...following demonazi policy will do it...

https://www.zerohedge.com/markets/housing-unaffordable-dems-want-make-it-worse
Logged
We are now where The Founders were when they faced despotism.

Online patentlymn

  • Conservative Hero
  • ****
  • Posts: 3977
Re: The Economy is Going to Implode
« Reply #989 on: February 09, 2024, 02:50:55 PM »
Quote from: Libertas on February 09, 2024, 10:16:51 AM
Saw this coming long ago...

https://www.zerohedge.com/personal-finance/credit-card-auto-delinquencies-soar-especially-age-group-18-39

...which I why I recently sold off my last financial stock...

And, want to blow up the banks...following demonazi policy will do it...

https://www.zerohedge.com/markets/housing-unaffordable-dems-want-make-it-worse

I think I posed a link earlier. Some UK trader was lower class but smart. Made a fortune. He said mot of the covid money went to top ten or one percent. Now they want to use it to buy real assets, often housing.
Logged
When the law becomes a ruse, lawlessness becomes legitimate. -unknown

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #990 on: February 09, 2024, 04:45:05 PM »
Quote from: patentlymn on February 09, 2024, 02:50:55 PM
Quote from: Libertas on February 09, 2024, 10:16:51 AM
Saw this coming long ago...

https://www.zerohedge.com/personal-finance/credit-card-auto-delinquencies-soar-especially-age-group-18-39

...which I why I recently sold off my last financial stock...

And, want to blow up the banks...following demonazi policy will do it...

https://www.zerohedge.com/markets/housing-unaffordable-dems-want-make-it-worse

I think I posed a link earlier. Some UK trader was lower class but smart. Made a fortune. He said mot of the covid money went to top ten or one percent. Now they want to use it to buy real assets, often housing.

I saw a chart of that, it is sick...top 1% overall on all investment earning destroyed the 99%...
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #991 on: February 13, 2024, 08:45:57 AM »
Going to be a suck day in the casinos unless your shorting...

https://www.zerohedge.com/markets/cpi-prints-hotter-expected-january-food-utilities-jumped

Bidbamaflation returneth and sloucheth towards all of thee...

And, don't forget...they try to game the latest data...the revisions are always worse...
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #992 on: February 16, 2024, 09:25:25 AM »
Thought we levelled off on inflation?  Ha!  PPI numbers see inflation surging and housing is in distress...

https://www.zerohedge.com/personal-finance/producer-prices-surged-january-services-costs-soared

https://www.zerohedge.com/personal-finance/housing-starts-collapsed-january-biggest-mom-decline-covid-lockdowns

The Obama/Biden destruction continues...
Logged
We are now where The Founders were when they faced despotism.

Online ToddF

  • Conservative Superhero
  • *****
  • Posts: 5844
Re: The Economy is Going to Implode
« Reply #993 on: February 16, 2024, 03:20:26 PM »
Importing millions while not building housing is going to be a great combination.

 ::unknowncomic::
Logged

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #994 on: February 19, 2024, 07:57:30 AM »
I think Chicago has plenty of room, long-time proud sanctuary city...August looks promising...
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #995 on: February 19, 2024, 01:20:50 PM »
CapitolOne absorbing Discover?

Dang, BassPro/Cabelas cardholders may need a new bank...if the combined writeoffs for uncollectible accounts hits critical mass...

Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #996 on: February 29, 2024, 08:53:49 AM »
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #997 on: March 01, 2024, 10:42:52 AM »
https://www.zerohedge.com/personal-finance/wtf-going-us-manufacturing-pmi-data

Easy, somebody is full of BS...and being a Presidential election year I am dubious of the favorable number...

As for this I just find it funny...

https://www.zerohedge.com/technology/elon-musk-hits-openai-breach-contract-lawsuit-abandoning-foundational-mission

Either the agreement is explicit or it is isn't...should be easy enough to determine...
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #998 on: March 07, 2024, 08:48:33 AM »
I hope Speaker Johnson goes Pelosi on Biden's speech...one up it by throwing it in a trash can and light it on fire...

This economy is limping at best, prices remain high, energy remains handcuffed, people can't afford homes or cars or find rental units let alone afford them...fees going up from banks to hospitals...idiots raising taxes and goons chasing down kids' lemonade stands and Amish farms...eco-nazi crap running amok and destroying industries, jobs and families...trains derailing and spewing toxins in air and water...farms and food plants and distribution centers going up in flames...cyberattacks and personal/private data being held for ransom...Chi-Com's flying balloons over our skies...one sorry sh!tshow story after another...

Jobs.  They game those numbers like crazy (all numbers really, but jobs are worse)...most "new" jobs are government, not the kind of growth conducive to a healthy economy or a healthy society...many working more than one job and mostly service-oriented...no good jobs being created but layoffs make Wall St happy...and continuing claims keep climbing as does the labor force non-participation levels they do not even talk about anymore...

https://www.zerohedge.com/markets/jobless-claims-refuse-budge-despite-accelerating-warn-notices

Anybody wantng more of this is an imbecile...
Logged
We are now where The Founders were when they faced despotism.

Offline Libertas

  • Conservative Superhero
  • *****
  • Posts: 64006
  • Alea iacta est! Libertatem aut mori!
Re: The Economy is Going to Implode
« Reply #999 on: March 07, 2024, 11:34:45 AM »
Logged
We are now where The Founders were when they faced despotism.
Pages: 1 ... 48 49 [50] 51 52   Go Up
« previous next »