Things are great. Record credit card debt and delinquency rates rising. Dem solution $5.20 a gallon gas (Oregon) and record electricity and natural gas prices and more taxes and regulation.
Westlinn got the joke: the 'everything is just fine' message came from a credit card company operating in a fake economy propped up by the free money printing press fed.
@UW_Doog_Bot and @HoustonHusky literally papered these forums for years predicting this would happen for that reason.
AMEX is for people that pay their card every month. Not very many in other words.
Forecasts are all over the map as usual. His stock dropped so he had to say something. Dimon of Chase is a doomer at this point. LIPO
Used to be. Now Amex has several regular credit card products that allows people to stupidly carry a balance. There's more riff raff in that demographic now.
A couple of opinions - our in-house Economis PhD and Elon (two people who could not be more different) are prognosticating soft recession to last through spring of 2024.
I'm not sure how seriously I can take Elon's financial prognostications when he overpaid for Twitter by double. OTOH, Tesla just had a record sales quarter, although I think his customers are not the people who get laid off first.
We entered the traditional definition of recession already
Bide symps decided to change the definition and the media all said amen
A soft recession effects your neighbor. A hard one effects you
I bought like 5 regular things at the grocery store the other day and it was close to $50. Filling up my tank for mid-size SUV is knocking on $90. WFT Biden? Would someone elect a serious conservative who understands economis and doesn't like Twitter? Please?
What's the skinny on Desantis now? I don't follow, as you know.
There is a joke in here about low-information voters and how you're only collecting chins from @HeilHusky.
Things are great. Record credit card debt and delinquency rates rising. Dem solution $5.20 a gallon gas (Oregon) and record electricity and natural gas prices and more taxes and regulation.
Westlinn got the joke: the 'everything is just fine' message came from a credit card company operating in a fake economy propped up by the free money printing press fed.
@UW_Doog_Bot and @HoustonHusky literally papered these forums for years predicting this would happen for that reason.
We entered the traditional definition of recession already
Bide symps decided to change the definition and the media all said amen
A soft recession effects your neighbor. A hard one effects you
I bought like 5 regular things at the grocery store the other day and it was close to $50. Filling up my tank for mid-size SUV is knocking on $90. WFT Biden? Would someone elect a serious conservative who understands economis and doesn't like Twitter? Please?
What's the skinny on Desantis now? I don't follow, as you know.
There is a joke in here about low-information voters and how you're only collecting chins from @HeilHusky.
I'm not hidden. I live in America. You can't visit as we have no gay bathhouses or Up Your Alley/Folsom Street Fair events you love so much.
Not too many fags either. Seems to be no shortage of pick up trucks and rope though.
You're taking this the wrong way, Giuseppe. It's not a criticism.
We know you have to hide when you have so many people itching to kill you.
Some have tried. Didn't go well for 'em. I'm not hiding I just couldn't live in that communist shithole anymore. You live that Sodom by the bay life style. Proctologists need work too! Sure is a shitty job though.
I'm not hidden. I live in America. You can't visit as we have no gay bathhouses or Up Your Alley/Folsom Street Fair events you love so much.
Not too many fags either. Seems to be no shortage of pick up trucks and rope though.
You're taking this the wrong way, Giuseppe. It's not a criticism.
We know you have to hide when you have so many people itching to kill you.
Some have tried. Didn't go well for 'em. I'm not hiding I just couldn't live in that communist shithole anymore. You live that Sodom by the bay life style. Proctologists need work too! Sure is a shitty job though.
Sleddy is a man of principle and, frankly, one of the very few in the Tug who holds true to his views and doesn't let political or other convenience change what he believes. I respect that. He stands among the very few.
We entered the traditional definition of recession already
Bide symps decided to change the definition and the media all said amen
A soft recession effects your neighbor. A hard one effects you
I bought like 5 regular things at the grocery store the other day and it was close to $50. Filling up my tank for mid-size SUV is knocking on $90. WFT Biden? Would someone elect a serious conservative who understands economis and doesn't like Twitter? Please?
What's the skinny on Desantis now? I don't follow, as you know.
There is a joke in here about low-information voters and how you're only collecting chins from @HeilHusky.
We entered the traditional definition of recession already
Bide symps decided to change the definition and the media all said amen
A soft recession effects your neighbor. A hard one effects you
I bought like 5 regular things at the grocery store the other day and it was close to $50. Filling up my tank for mid-size SUV is knocking on $90. WFT Biden? Would someone elect a serious conservative who understands economis and doesn't like Twitter? Please?
What's the skinny on Desantis now? I don't follow, as you know.
There is a joke in here about low-information voters and how you're only collecting chins from @HeilHusky.
AMEX is for people that pay their card every month. Not very many in other words.
Forecasts are all over the map as usual. His stock dropped so he had to say something. Dimon of Chase is a doomer at this point. LIPO
Used to be. Now Amex has several regular credit card products that allows people to stupidly carry a balance. There's more riff raff in that demographic now.
A couple of opinions - our in-house Economis PhD and Elon (two people who could not be more different) are prognosticating soft recession to last through spring of 2024.
We entered the traditional definition of recession already
Bide symps decided to change the definition and the media all said amen
A soft recession effects your neighbor. A hard one effects you
I bought like 5 regular things at the grocery store the other day and it was close to $50. Filling up my tank for mid-size SUV is knocking on $90. WFT Biden? Would someone elect a serious conservative who understands economis and doesn't like Twitter? Please?
What's the skinny on Desantis now? I don't follow, as you know.
Underpinnings of the economy are breaking at the seams…energy is a good example. Oil has leveled off here, but the $ had been a wrecking ball for the rest of the world…with everyone else’s currency depreciating they’ve still been facing rising oil/energy prices. It’s why our inflation is fake 8%/real 17% and Europe’s is double. Starting to cause a lot of unrest in the rest of the world, and don’t picture it getting better until probably 3Q next year. Really cold winter and you are going to see a lot of political unrest. Only thing that will bring it down is killing demand which means killing the economy.
Peak inflation is past, but it’s going to be sticky and much higher than anyone wants for a long time…a lot of the reasons the Fed got away with 0% interest rates coupled with low inflation don’t exist anymore. If you are praying for those days to return it’s going to be a rough one for you.
And for the idiots out there (*cough* @heilhusky *cough*) who thinks this isn’t a bad thing for the US go ask Microsoft, Google, and the like how much of their revenues are overseas specifically in Europe. Guessing they aren’t going to hit their projected 10% above last year’s 3Q and 4Q targets. But you keep being your fascist you @heilhusky and keep buying that dip while it keeps dipping…
Underpinnings of the economy are breaking at the seams…energy is a good example. Oil has leveled off here, but the $ had been a wrecking ball for the rest of the world…with everyone else’s currency depreciating they’ve still been facing rising oil/energy prices. It’s why our inflation is fake 8%/real 17% and Europe’s is double. Starting to cause a lot of unrest in the rest of the world, and don’t picture it getting better until probably 3Q next year. Really cold winter and you are going to see a lot of political unrest. Only thing that will bring it down is killing demand which means killing the economy.
Peak inflation is past, but it’s going to be sticky and much higher than anyone wants for a long time…a lot of the reasons the Fed got away with 0% interest rates coupled with low inflation don’t exist anymore. If you are praying for those days to return it’s going to be a rough one for you.
And for the idiots out there (*cough* @heilhusky *cough*) who thinks this isn’t a bad thing for the US go ask Microsoft, Google, and the like how much of their revenues are overseas specifically in Europe. Guessing they aren’t going to hit their projected 10% above last year’s 3Q and 4Q targets. But you keep being your fascist you @heilhusky and keep buying that dip while it keeps dipping…
Got the rate increase notice the other day from our natural gas provider. I don't recall the last time we got one. A full page explanation. They could have just said, "Go Brandon" and that would have sufficed.
Underpinnings of the economy are breaking at the seams…energy is a good example. Oil has leveled off here, but the $ had been a wrecking ball for the rest of the world…with everyone else’s currency depreciating they’ve still been facing rising oil/energy prices. It’s why our inflation is fake 8%/real 17% and Europe’s is double. Starting to cause a lot of unrest in the rest of the world, and don’t picture it getting better until probably 3Q next year. Really cold winter and you are going to see a lot of political unrest. Only thing that will bring it down is killing demand which means killing the economy.
Peak inflation is past, but it’s going to be sticky and much higher than anyone wants for a long time…a lot of the reasons the Fed got away with 0% interest rates coupled with low inflation don’t exist anymore. If you are praying for those days to return it’s going to be a rough one for you.
And for the idiots out there (*cough* @heilhusky *cough*) who thinks this isn’t a bad thing for the US go ask Microsoft, Google, and the like how much of their revenues are overseas specifically in Europe. Guessing they aren’t going to hit their projected 10% above last year’s 3Q and 4Q targets. But you keep being your fascist you @heilhusky and keep buying that dip while it keeps dipping…
Got the rate increase notice the other day from our natural gas provider. I don't recall the last time we got one. A full page explanation. They could have just said, "Go Brandon" and that would have sufficed.
A lot of pensioners (not that they represent a significant portion of anything) near retirement are going early before the pension discount rate gets reset. Depending on the DB plan provisions, a small tick in interest rates can have a yuge swing on lump sum values, which I'm sure have cratered.
Underpinnings of the economy are breaking at the seams…energy is a good example. Oil has leveled off here, but the $ had been a wrecking ball for the rest of the world…with everyone else’s currency depreciating they’ve still been facing rising oil/energy prices. It’s why our inflation is fake 8%/real 17% and Europe’s is double. Starting to cause a lot of unrest in the rest of the world, and don’t picture it getting better until probably 3Q next year. Really cold winter and you are going to see a lot of political unrest. Only thing that will bring it down is killing demand which means killing the economy.
Peak inflation is past, but it’s going to be sticky and much higher than anyone wants for a long time…a lot of the reasons the Fed got away with 0% interest rates coupled with low inflation don’t exist anymore. If you are praying for those days to return it’s going to be a rough one for you.
And for the idiots out there (*cough* @heilhusky *cough*) who thinks this isn’t a bad thing for the US go ask Microsoft, Google, and the like how much of their revenues are overseas specifically in Europe. Guessing they aren’t going to hit their projected 10% above last year’s 3Q and 4Q targets. But you keep being your fascist you @heilhusky and keep buying that dip while it keeps dipping…
Got the rate increase notice the other day from our natural gas provider. I don't recall the last time we got one. A full page explanation. They could have just said, "Go Brandon" and that would have sufficed.
A lot of pensioners (not that they represent a significant portion of anything) near retirement are going early before the pension discount rate gets reset. Depending on the DB plan provisions, a small tick in interest rates can have a yuge swing on lump sum values, which I'm sure have cratered.
It starts with housing and then it expands. Leading indicator.
It's special having inflation during a recession. Inflation might get better as deflation continues but that means the recession is getting worse.
Should probably increase taxes and pass another spending bill right @heilhusky?
Underpinnings of the economy are breaking at the seams…energy is a good example. Oil has leveled off here, but the $ had been a wrecking ball for the rest of the world…with everyone else’s currency depreciating they’ve still been facing rising oil/energy prices. It’s why our inflation is fake 8%/real 17% and Europe’s is double. Starting to cause a lot of unrest in the rest of the world, and don’t picture it getting better until probably 3Q next year. Really cold winter and you are going to see a lot of political unrest. Only thing that will bring it down is killing demand which means killing the economy.
Peak inflation is past, but it’s going to be sticky and much higher than anyone wants for a long time…a lot of the reasons the Fed got away with 0% interest rates coupled with low inflation don’t exist anymore. If you are praying for those days to return it’s going to be a rough one for you.
And for the idiots out there (*cough* @heilhusky *cough*) who thinks this isn’t a bad thing for the US go ask Microsoft, Google, and the like how much of their revenues are overseas specifically in Europe. Guessing they aren’t going to hit their projected 10% above last year’s 3Q and 4Q targets. But you keep being your fascist you @heilhusky and keep buying that dip while it keeps dipping…
Got the rate increase notice the other day from our natural gas provider. I don't recall the last time we got one. A full page explanation. They could have just said, "Go Brandon" and that would have sufficed.
A lot of pensioners (not that they represent a significant portion of anything) near retirement are going early before the pension discount rate gets reset. Depending on the DB plan provisions, a small tick in interest rates can have a yuge swing on lump sum values, which I'm sure have cratered.
It starts with housing and then it expands. Leading indicator.
It's special having inflation during a recession. Inflation might get better as deflation continues but that means the recession is getting worse.
Should probably increase taxes and pass another spending bill right @heilhusky?
I hear spending more money is actually good for inflation.
Comments
@UW_Doog_Bot and @HoustonHusky literally papered these forums for years predicting this would happen for that reason.
No problem.
Just the tip from the Throbber.
Not too many fags either. Seems to be no shortage of pick up trucks and rope though.
Hurtful.
We know you have to hide when you have so many people itching to kill you.
There are some here who poast when mad. I also find that entertaining. (I'm an older brother.)
Peak inflation is past, but it’s going to be sticky and much higher than anyone wants for a long time…a lot of the reasons the Fed got away with 0% interest rates coupled with low inflation don’t exist anymore. If you are praying for those days to return it’s going to be a rough one for you.
And for the idiots out there (*cough* @heilhusky *cough*) who thinks this isn’t a bad thing for the US go ask Microsoft, Google, and the like how much of their revenues are overseas specifically in Europe. Guessing they aren’t going to hit their projected 10% above last year’s 3Q and 4Q targets. But you keep being your fascist you @heilhusky and keep buying that dip while it keeps dipping…
It's special having inflation during a recession. Inflation might get better as deflation continues but that means the recession is getting worse.
Should probably increase taxes and pass another spending bill right @heilhusky?