Faux Austerity
- Thread starter Cancel 2016.2
- Start date
Cancel 2016.2
The Almighty
who are you referring to?
You started a thread on it stating that it proved we were not growing sufficiently. You did note that it was not as bad as it looked.
ILA started a thread criticizing an author who said it was not as bad as it looked.
Some say that ignorant, uneducated, illiterate blowhards can't make it in todays economy......you're living proof that isn't true....
Well, dumbass, you would be wrong. You don't get make up your own definitions. Look the word up!
In economics, austerity refers to a policy of deficit-cutting by lowering spending via a reduction in the amount of benefits and public services provided.
Taxes are revenue, you dipshit economotard
LOL. If you're going to criticize me by quoting Wikipedia you should at least cite your source.
canceled.2021.1
#AMERICAISDEAD
Dude losts $1,000,000 on Apple?
What a maroon. I remember telling him that Apple was dropping and people should bail from the stock and all he could say was "Apple is up 30% for the year". Looks like the little prick should have listened to me. That is why you never invest on emotion or news. You always let price be your guide and take emotion out of the equation.
According to which lie you believe from "The Dude", he has either lost 30% of his wealth or 25% of his wealth. It is kind of hard to keep up with his lies, but I think I have them.
1) He retired with $1 million
2) He then turned that $1 million into $3 million in the last four years using strictly a buy and hold strategy
Now bear in mind that the best asset class over the last four years has been silver which is up 236% and the S&P is up 107%. I guarentee The Dude can't rub two nickels together and doesn't have a pot to piss in. He is some shlub with an Etrade account that thinks he knows how to invest. Wall St loves picking his pocket.
Apparently The Dude believes in "Buy High, Sell Low"
