US economy is in shambles

Walt said:
I do have to say that my call options on BNO and GUSH have been doing very well. It is a good time to be investing in higher oil prices.

I do feel a little guilty about doing so while oil prices push the USA into a recession, but it is not like I caused trump to hand over the Strait of Hormuz to Iran. Don't blame me, I did not vote for him.


Right now, gasoline prices are going up by 2.1% a day. If that continues for a week, it wipes out any model claiming 2.8% growth.

If trump really works this, he might be able to get another month out of the strategic reserves(trump is not known for working, so maybe not). Even if he opens the Strait of Hormuz today, that puts oil above $130 for the month of June. If it takes another month from today to open the Strait of Hormuz, that is two months of $130 oil, and almost certainly a recession. That would be negative GDP growth for either Q2 or Q3, more likely Q3, but with flat growth in Q2.

We are all making predictions, so will have to wait and see.


Maybe the young adults you know are lazy. The ones I know all do income stacking. They will be an engineer, and also walk dogs for money. They will be a bartender, and also rent out sound equipment. They will be in high school, and also have an incorporated patio/shed building business.

The Millennials, Generation Z's, and the leading edge of the Generation Alphas I know are all harder working, but not as focused as previous generations. Then again, I do not know anyone in Gardner's family.
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Right. You idiots all say you are 'hard working', but you don't even bother to pick up a shovel to dig a hole. You won't take the time to learn a skill. You remain unemployed or stuck in low paying retail jobs.
 
Into the Night said:
Right. You idiots all say you are 'hard working', but you don't even bother to pick up a shovel to dig a hole. You won't take the time to learn a skill. You remain unemployed or stuck in low paying retail jobs.
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I am 55 years old, so hardly a young adult. The young adults I know are extremely willing to dig a hole, but the best hole diggers I have ever met have all been Mexican.

Try to get most people over 60 to dig a hole and you will hear such complaining. They have always been that way.
 
Walt said:
I am 55 years old, so hardly a young adult.
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...and STILL whining because you're a failure! :rofl2:
Walt said:
The young adults I know are extremely willing to dig a hole,
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Nope. One day of digging holes with no shade on a job site and having to use a Sanican and most never show up again.
Even the holes they dug are poorly done and have to be corrected.
Walt said:
but the best hole diggers I have ever met have all been Mexican.
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Racism.
Walt said:
Try to get most people over 60 to dig a hole and you will hear such complaining.
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You are not even 60 and YOU are complaining.
Walt said:
They have always been that way.
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Bigotry.

I know guys that are in their 70's that have no problem digging a hole. They do it right, too.
 
Tbird19482 said:
Trump’s war in Iran you stupid fuck.
What other war is there right now?
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We haven't fired a shot in Iran since the ceasefire, Tball.
Israel is at war with Iran, and I don't blame them.
Iraq is at war with Iran, and I don't blame them.
Russia and Ukraine are at war. Perhaps you never got the memo.
Sudan is undergoing a civil war.
Syria is undergoing a civil war.
Iran is about to enter a civil war.
Myanmar is undergoing a civil war.
And of course various skirmishes in Mali, Niger, and Nigeria.

You really should pay attention, Tball.
 
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