Another Conservative pillar takes a hit;

The UK's going to have another election. Truss was only in power for 6 weeks. Do you think Boris will come back?

No election in UK.. the PM is picked by the ruling party who vote. It looks like it is about 160,000 Conservative Party members that can vote on who will be their leader. Truss is leaving because the Conservative party has lost faith in her.
 
FedEx chairman Fred Smith is saying it, Arsecheese!

The US economy is in the middle of an unusual “stagflation” period and lacks enough workers to meet spiking demand because of the Biden administration’s policies, FedEx founder and chairman Fred Smith said.

Smith delivered his grim view of the economy after stocks tanked on FedEx CEO Raj Subramaniam’s warning of a looming “worldwide recession.” The FedEx chairman blamed government programs that poured money into an overheated economy for sapping demand from the labor market.

https://nypost.com/2022/09/19/us-fa...government-spending-fedex-founder-fred-smith/

FedEX isn't the Federal Reserve. Do you also take economic advice from the chairman of UPS and DHL?
 
Does Fred Smith work for the New York Post? Don't you think a parcel delivery company might have their finger on the pulse regarding the economy?

Here we go again with the “but, but, but, he’s an expert.”

There are a lot of experts, and it is not Fred Smith, but a Post writer following Murdoch’s directions and framing Fred Smith’s opinions, and we can ping pong experts all day (https://advisors.vanguard.com/insights/article/highinflationbutnotstagnation)

I don’t think you understand what stagnation is, when it is structural, what structural means, and when it is temporary as part of the economy cycle
 
No election in UK.. the PM is picked by the ruling party who vote. It looks like it is about 160,000 Conservative Party members that can vote on who will be their leader. Truss is leaving because the Conservative party has lost faith in her.

So who is the Conservative party going to pick?
 
FedEx chairman Fred Smith is saying it, Arsecheese!

The US economy is in the middle of an unusual “stagflation” period and lacks enough workers to meet spiking demand because of the Biden administration’s policies, FedEx founder and chairman Fred Smith said.

Smith delivered his grim view of the economy after stocks tanked on FedEx CEO Raj Subramaniam’s warning of a looming “worldwide recession.” The FedEx chairman blamed government programs that poured money into an overheated economy for sapping demand from the labor market.

https://nypost.com/2022/09/19/us-fa...government-spending-fedex-founder-fred-smith/



https://en.m.wikipedia.org/wiki/Frederick_W._Smith


Forgery indictment and car crash
Edit
On January 31, 1975, Fred Smith was indicted for forgery by a federal grand jury. The suit was filed by Smith's two half-sisters. The lawsuit alleged Smith had forged documents to obtain a $2 million bank loan and he and executives of his family's trust fund had sold stock from the fund for a loss of $14 million. A warrant for Smith's arrest was issued for which Smith posted bond with federal authorities in Memphis.[29] Smith was later found not guilty on the forgery charge.

The same evening of his forgery indictment Smith was involved in a fatal hit and run in which he killed a 54-year-old handyman named George C. Sturghill. Smith was arrested and charged with leaving the scene of a crash and driving with an expired license. He was released on a $250 bond. All charges were later dismissed.[29]

This was not the first time Smith was involved in a fatal car crash. During his first summer break from Yale, Smith was back in Memphis driving out to a lake with friends when he lost control of the car he was driving, causing the vehicle to flip and killing the passenger in the front seat. The cause of the crash was never determined.[30]





He’s a scumbag
 
FedEX isn't the Federal Reserve. Do you also take economic advice from the chairman of UPS and DHL?

I am also taking advice from the likes of Jamie Dimon, Jeff Bezos and David Solomon.

Bezos: 'Batten Down the Hatches'

The entrepreneur has just broken his silence with a warning about the health of the economy, which will reinforce fears that a recession is inevitable.

Because of its central place in e-commerce, Amazon is one of the reliable barometers of the health of public consumption, which in turn is a key engine of American economic growth.

"Yep, the probabilities in this economy tell you to batten down the hatches," Bezos posted on Twitter on Oct. 18.

In other words, he says people must prepare for a crisis that seems on the horizon.

https://www.thestreet.com/technology/jeff-bezos-turns-into-a-doomsayer

 
Last edited:
Poor anchovies,

The Brits are conservative?

Such an idiot. Truss was a conservative leader who tried to apply supply-side economics like every Republican has tried here since Reagan, and it blew up in her face.

Wipe trump's jizz off your chin an grab a fucking clue, bitch.
 
Does Fred Smith work for the New York Post? Don't you think a parcel delivery company might have their finger on the pulse regarding the economy?

Fred Smith is just another pedigreed libertarian (or "fibbertarian" as I like to call them). As radio talk host Thom Hartman once said, libertarians are just conservative republicans who want to smoke dope and get laid. The NYPost is a Murdoch rag that has Hamilton spinning in his grave.

And no, a parcel delivery company is NOT a be all, end all economic indicator, because you have to include all the other factors like transportation, supermarkets, department stores, small business services, etc.
 
https://en.m.wikipedia.org/wiki/Frederick_W._Smith


Forgery indictment and car crash
Edit
On January 31, 1975, Fred Smith was indicted for forgery by a federal grand jury. The suit was filed by Smith's two half-sisters. The lawsuit alleged Smith had forged documents to obtain a $2 million bank loan and he and executives of his family's trust fund had sold stock from the fund for a loss of $14 million. A warrant for Smith's arrest was issued for which Smith posted bond with federal authorities in Memphis.[29] Smith was later found not guilty on the forgery charge.

The same evening of his forgery indictment Smith was involved in a fatal hit and run in which he killed a 54-year-old handyman named George C. Sturghill. Smith was arrested and charged with leaving the scene of a crash and driving with an expired license. He was released on a $250 bond. All charges were later dismissed.[29]

This was not the first time Smith was involved in a fatal car crash. During his first summer break from Yale, Smith was back in Memphis driving out to a lake with friends when he lost control of the car he was driving, causing the vehicle to flip and killing the passenger in the front seat. The cause of the crash was never determined.[30]





He’s a scumbag

:laugh: Primo's hero! Classic!
 
Back
Top