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Dow Hits All Time High at 38,000

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Comments

  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,613 Founders Club

    HHusky said:

    A shitty economy is so leftist

    Maybe you're just shitty at economy.

    Did you ever think of that?
    I like this out of the Left as a message "You are just shitty at making money you dumb poors!"

    Sounds like a winner.



    Has nothing to do with inflation or a generational wealth transfer via the fed.
    Really? Thats the only metric you can point to? Now show me REAL credit card debt with inflation factored in!!!!

  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,613 Founders Club
    edited January 2024
    America: Where the median household is 37% richer since 2019 even after inflation is factored in, yet the economy is "awful".

    Guaranteed if Trump was president, that would be seen as a success!!!!
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,239 Founders Club
    HuskyBuck said:

    HHusky said:

    A shitty economy is so leftist

    Maybe you're just shitty at economy.

    Did you ever think of that?
    I like this out of the Left as a message "You are just shitty at making money you dumb poors!"

    Sounds like a winner.



    Has nothing to do with inflation or a generational wealth transfer via the fed.
    Really? Thats the only metric you can point to? Now show me REAL credit card debt with inflation factored in!!!!

    Lol, if there wasn't 20+% cumulative inflation, credit card debt wouldn't be growing so fast. You are right.
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,613 Founders Club
    Bob_C said:

    HuskyBuck said:

    HHusky said:

    A shitty economy is so leftist

    Maybe you're just shitty at economy.

    Did you ever think of that?
    I like this out of the Left as a message "You are just shitty at making money you dumb poors!"

    Sounds like a winner.



    Has nothing to do with inflation or a generational wealth transfer via the fed.
    Really? Thats the only metric you can point to? Now show me REAL credit card debt with inflation factored in!!!!

    Lol, if there wasn't 20+% cumulative inflation, credit card debt wouldn't be growing so fast. You are right.
    Of course credit card debt is up, but so are wages and disposable income so youre gaming the data. But you knew what you were doing right? Cmon man, dont be like the idiot dipshit Duck fans in here, youre better than that.
  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,239 Founders Club
    HuskyBuck said:

    Bob_C said:

    HuskyBuck said:

    HHusky said:

    A shitty economy is so leftist

    Maybe you're just shitty at economy.

    Did you ever think of that?
    I like this out of the Left as a message "You are just shitty at making money you dumb poors!"

    Sounds like a winner.



    Has nothing to do with inflation or a generational wealth transfer via the fed.
    Really? Thats the only metric you can point to? Now show me REAL credit card debt with inflation factored in!!!!

    Lol, if there wasn't 20+% cumulative inflation, credit card debt wouldn't be growing so fast. You are right.
    Of course credit card debt is up, but so are wages and disposable income so youre gaming the data. But you knew what you were doing right? Cmon man, dont be like the idiot dipshit Duck fans in here, youre better than that.
    Where in the charts above does it show that real wages are up?
  • HuskyBuck
    HuskyBuck Member, Swaye's Wigwam Posts: 3,613 Founders Club
    edited January 2024
    Bob_C said:

    HuskyBuck said:

    Bob_C said:

    HuskyBuck said:

    HHusky said:

    A shitty economy is so leftist

    Maybe you're just shitty at economy.

    Did you ever think of that?
    I like this out of the Left as a message "You are just shitty at making money you dumb poors!"

    Sounds like a winner.



    Has nothing to do with inflation or a generational wealth transfer via the fed.
    Really? Thats the only metric you can point to? Now show me REAL credit card debt with inflation factored in!!!!

    Lol, if there wasn't 20+% cumulative inflation, credit card debt wouldn't be growing so fast. You are right.
    Of course credit card debt is up, but so are wages and disposable income so youre gaming the data. But you knew what you were doing right? Cmon man, dont be like the idiot dipshit Duck fans in here, youre better than that.
    Where in the charts above does it show that real wages are up?
    What you're implying: Credit card debt is at an all time high because people need to dip into their credit to afford food
    Reality: I can afford stuff, but Credit card debt is up because even if I carry a relatively small balance, it will be higher because prices are higher. If I carried a $200 credit card balance in 2019 normally, but now I carry a $260 credit card balance normally due to rising prices and this happens across the board for everyone, OF COURSE it will be higher.
  • Sledog
    Sledog Member Posts: 38,568 Standard Supporter
    HuskyBuck said:

    America: Where the median household is 37% richer since 2019 even after inflation is factored in, yet the economy is "awful".

    Guaranteed if Trump was president, that would be seen as a success!!!!

    Paper home prices are just that news of the day.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club

    HuskyBuck said:

    America: Where the median household is 37% richer since 2019 even after inflation is factored in, yet the economy is "awful".

    Guaranteed if Trump was president, that would be seen as a success!!!!

    Mean, median, or mode. I'm sure you'll need to Google it.

    I have no doubt the 95th percentile accounts for the lion share of that 37% gain.

    Oh right, and a bunch of unrealized gains from asset bubbles. You still didn't answer why the fed raised rates @HuskyBuck for our readers.

    Still seeing lots of claims about real wage growth without a shred of evidence. Susan had the good sense to duck out after I asked. Huskybuck gonna double down. Keep going.


    You are just a Duck troll trying to make Huskie’s look bad with economis smack talk.