The US just keeps changing the definition of “recession”.
They called inflation with a big leak of money to finance wars all over the world to help genocides
Soft landing incoming…..plane lands starts flippin and slides into train that explodes.
FED Powell whispers……..That was pretty soft right guys……..guys?
I believe the correct phrase is: ” the us has mastered the skill of kicking the can down the road further than the competition”.
At the risk of my post being deleted for its brevity, let me share with you an insight from what the money changes on Wall Street only utter under their breath, and among themselves in smoke filled back rooms. It’s called pump and dump.
The big idea is, like in the movie, the sting, to garner as many suckers as you can into a false environment – **giving them confidence** on a “sure bet” and betray them at some later point in the story which they only find out about long after all the culprits have left the field.
Good Luck!
Those other countries aren’t engaged in a ruinous debt-fueled stimulus program. We paid $150 for ever $100 in growth in Q4.
It’s so bad that Powell had to go on TV to warn us it is unsustainable.
>Both Japan and the United Kingdom said Thursday their economies likely weakened during the final three months of 2023. For each, it would be the second straight quarter that’s happened, which fits one lay definition for a recession.
>Yet in the United States, the economy motored ahead in last year’s fourth quarter for a sixth straight quarter of growth. It’s blown past many predictions coming into last year that a recession seemed inevitable because of high interest rates meant to slow the economy and inflation.
All while American corporations have been reporting record profits?
Surely there’s a connection somewhere.
Retail sales fell .8% , above expectations, in January with home improvement and gardening/landscaping suffering the biggest losses. That’s usually an indicator of people pulling back on projects.
Let’s see… print a couple of trilly to prop our tower of bullshit up and call it safe! Nothing to worry about here folks.
Propped up with deficit spending. I guess we’ll just continue that until economic collapse. 🤷♂️
U. S is in a bad shape. Next 10 years all the boomers are going to retire and sit on government dependence. It’s going to be interesting how the new generation will take over and support the old. If that doesn’t work, the government can always print more money.
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The US just keeps changing the definition of “recession”.
They called inflation with a big leak of money to finance wars all over the world to help genocides
Soft landing incoming…..plane lands starts flippin and slides into train that explodes.
FED Powell whispers……..That was pretty soft right guys……..guys?
I believe the correct phrase is: ” the us has mastered the skill of kicking the can down the road further than the competition”.
At the risk of my post being deleted for its brevity, let me share with you an insight from what the money changes on Wall Street only utter under their breath, and among themselves in smoke filled back rooms. It’s called pump and dump.
The big idea is, like in the movie, the sting, to garner as many suckers as you can into a false environment – **giving them confidence** on a “sure bet” and betray them at some later point in the story which they only find out about long after all the culprits have left the field.
Good Luck!
Those other countries aren’t engaged in a ruinous debt-fueled stimulus program. We paid $150 for ever $100 in growth in Q4.
It’s so bad that Powell had to go on TV to warn us it is unsustainable.
>Both Japan and the United Kingdom said Thursday their economies likely weakened during the final three months of 2023. For each, it would be the second straight quarter that’s happened, which fits one lay definition for a recession.
>Yet in the United States, the economy motored ahead in last year’s fourth quarter for a sixth straight quarter of growth. It’s blown past many predictions coming into last year that a recession seemed inevitable because of high interest rates meant to slow the economy and inflation.
All while American corporations have been reporting record profits?
Surely there’s a connection somewhere.
Retail sales fell .8% , above expectations, in January with home improvement and gardening/landscaping suffering the biggest losses. That’s usually an indicator of people pulling back on projects.
Let’s see… print a couple of trilly to prop our tower of bullshit up and call it safe! Nothing to worry about here folks.
Propped up with deficit spending. I guess we’ll just continue that until economic collapse. 🤷♂️
U. S is in a bad shape. Next 10 years all the boomers are going to retire and sit on government dependence. It’s going to be interesting how the new generation will take over and support the old. If that doesn’t work, the government can always print more money.