This is pretty funny now. ANY time someone nails Concart he has one retort. Projection. Doesnt matter what it is either,.....you could say ANYTHING to Concart..........PROJECTION.Pretty sure thats his way of throwing in the towel.
Sorry Trumptards, we aren't in a recession
- Thread starter Concart
- Start date
Life is Golden
The Sage
Yes, it's coming from the subconscious.You MUST BE very afraid of brown people. Its shows in your posting. You use the term a whole lot. I think you are afraid of a whole lot of different people that are not brown as well. Must suck being afraid all the time. For you to be as afraid as you are means you must know something. You must think you have it coming and you must also think you wont be able to fend off the attack whether its from Brown, yellow, white, red, ...doesnt matter. After reading you these last couple of years I have come to the conclusion you have every right to be afraid and should be. RUN Concart,...run. And be very VERY afraid.
He hails from Minnesota where they have very few "brown" people. Bet he's shitting bricks being down South.
Exactly.
ExpressLane
Verified User
As long as Hunter can sell access to the Oval Office Biden will continue to do well. And as long as ice cream doesn't go up too much.
Althea
Althea told me...
I've got hits/misses in the market with the one miss due in large part to Covid shutting the nation down. I should have dumped a fund late last year, but missed the opportunity. I haven't lost money, but now that the Fed isn't funding the market, the funds aren't performing well enough to hold out.
There are a lot of deals to be had in the market, but I'm not done watching the shitshow.
I think 6 month CDs are back to paying at least a couple of points. Shorter term than bonds, and the rates are still going up so 6 months is fun.
The issue is that Fed hikes make a lot of people happy. Those with cash. Those with no mortgages/auto loans. Those who cite 401k issues when complaining about the market and The Fed, aren't being forbidden from altering their investment strategies.
If I could be patient enough, and not have to worry about retiring for a few years, I could just leave the portfolio the way it is and eventually it'll go back up. It always does.
Althea
Althea told me...
Yep. Conventional wisdom. Nice thing about higher interest rates is that waiting to move on something still earns you money while you wait.
So you feel you are living in a recession? I do not.
Walter, research what two (2) bond yield inversions precede.
It has been the weirdest times for the last few years, or even longer. We are in uncharted territory. Trying to make absolute predictions in this time is impossible. Even in normal times, it has not been a perfect prediction.
Althea
Althea told me...
Agree. Using centuries old terms doesn't really apply. When the trump virus brought the economy to a screeching halt, spending increased as people sat home and blew up Amazon. Stimulus checks, and Fed bond buying both kept the economy moving, and the market making a fortune for billionaires.
We're now seeing a normalization of the market and the economy (sans key supply chain products). The Fed is actively trying to slow down the economy
Monad Portal
Was it me?
the market isn't main street fool.
loose fiscal policy juices stocks.
though interest has been raised slightly, we're still on fractional reserve lending where the reserve percentage is at 0.
still insane. still careening towards a brick wall.
The reality is we should have been in a recession that was undeniable to everyone but we are pushing it off by draining the SPR. Im not against using the SPR but we are at the stage where we have less than 400 m barells left and if we continue using them at the rate we have it will be about 4-5 months before we hear statements from the US military itself warning us we wont be able to use any more without compromising national security and even if we ignore that we are about a year out from draining the entire thing.
This would have been ok if we had used this time to boost energy production. Instead we have a situation where we are facing another energy crisis as we have less than 25 days of Diesel fuel left in the country and have begun diverting ships bound for Europe to the US.
This would have been ok if we had used this time to boost energy production. Instead we have a situation where we are facing another energy crisis as we have less than 25 days of Diesel fuel left in the country and have begun diverting ships bound for Europe to the US.
BartenderElite
Verified User
It's almost like accelerating the development of domestic alternatives and getting away from foreign oil might be a good idea.
Lol. As if we could develop domestic alternatives. A project like the Hoover Dam which would have been a progressives wet dream (non nuclear renewable, mitigates climate change, employed a lot of public sector employees) is not even possible today.
You know the environmentalist hero Greta once said we should go to real zero carbon emissions not net zero. This would mean no oil and mass starvation in cities as we would have no way to get food in. Were about to find out what real zero feels like once we run out of diesel.
BartenderElite
Verified User
Fossil fuels are finite. We will have to transition someday regardless - and probably in the next few decades.
The time to start that process is now - changing our infrastructure, and accelerating development of wind, solar & the rest. This isn't a partisan issue.
Of course not dipshit. Things are awesome, if you have no brains, no common sense and are a dishonest lying leftist hack on steroids.
