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re: Economy "Falling of a Cliff"
Posted on 12/15/24 at 6:39 pm to John Barron
Posted on 12/15/24 at 6:39 pm to John Barron
the world fell off a cliff when Hussein was elected by this racist country they so love to hate!
and the true financial cliff moment was when Woodrow Wilson signed the Federal Reserve Act, that’s the true turning point in the USA in 1913
and the true financial cliff moment was when Woodrow Wilson signed the Federal Reserve Act, that’s the true turning point in the USA in 1913
0
Posted on 12/15/24 at 6:41 pm to wfallstiger
quote:
My version of 'q' believes the Dem machine ran the Air Head and Queer One knowing there was no way they could defeat DJT/JD -
That's wrong. If you listened to Mark Halperin you would know that Obama and Nancy wanted a open convention and was going to pick new candidates. Biden sabotaged it for them by coming out and backing Kamala. He was not supposed to do that. Biden pretty much sabotaged the party after they took him out
Posted on 12/15/24 at 6:42 pm to John Barron
I know what they said but since when does anyone believe what they say
Posted on 12/15/24 at 6:44 pm to NashvilleTider
quote:
We’ve been in a recession for 4 years - they just changed the definition
At the same time as these collapses in US non farm jobs, the illegals are at peak employment.
They were so poor they had to walk from central America through Mexico in abject poverty but now that they are here they can afford to start construction businesses, painting / drywall businesses and open restaurants in every town.
Who is funding them and seeding their success?
Posted on 12/15/24 at 6:45 pm to wfallstiger
quote:
I know what they said but since when does anyone believe what they say
Mark Halperin? He called Biden dropping out 3 days before anyone else. He was spot on this whole election. I trust him until he proves me wrong
Posted on 12/15/24 at 6:46 pm to John Barron
BHO and Nancy
Posted on 12/15/24 at 6:47 pm to Bard
quote:
How do people think a recession in that sort of scenario will go?
Which gender owns well over 3/4 of the consumer debt in the United States?
The upcoming recession will be a lopsided slap to women at retirement age who are carrying unsustainable debt.
Posted on 12/15/24 at 6:47 pm to SlowFlowPro
quote:
SlowFlowPro
Hello retard. I see you're back from your Poliboard hiatus after the IG report came out. You ready to talk about Chinese spies and the IG report on January 6th?
This post was edited on 12/15/24 at 8:50 pm
Posted on 12/15/24 at 6:51 pm to wfallstiger
quote:
BHO and Nancy
The Democrat party is moving away from them now. I believe they tried to do everything to win and that's why they wanted to replace Kamala. Biden sabotaged them. They knew regardless who the candidate was if they lost they would lose power in the party. That's exactly what happened
Posted on 12/15/24 at 6:51 pm to Paddyshack
quote:
I see your back from your Poliboard hiatus after the IG report came out.
Wait what?
Posted on 12/15/24 at 6:53 pm to John Barron
I am likely too old not to have a helping dose of cynicism...lol
Posted on 12/15/24 at 6:58 pm to SlowFlowPro
quote:
Trump presiding over this upcoming economy is going to destroy support for the GOP
You sound so confident.
It hppens when ever washedupton changes color.
Would rather have the idiots in charge during this "economy" you speak of?
Posted on 12/15/24 at 7:01 pm to FATBOY TIGER
quote:
You sound so confident.
I've been saying this as soon as the tides swung in his favor and his team got overly confident about 2028.
quote:
Would rather have the idiots in charge during this "economy" you speak of?
Based on 2020, I imagine Trump will try to print/spend plenty to keep it afloat and to bail out sectors that look to be on the verge of failure.
Sadly, the potentially good economic policies (decreased regulations, more petro production) are likely to create positive momentum in time, and the DEMs may be back in control by then and taking credit.
Posted on 12/15/24 at 7:02 pm to RogerTheShrubber
quote:
Trump will end up being the villain,
Only for idiots who blindly support dumbasscrats and don't have the mental capacity to understand the policies and financial manipulation by the Fed which caused the problem.
Posted on 12/15/24 at 7:03 pm to notiger1997
STAGNATION
is the word, is the word. Gooooooooooooooooooberment hiring just ended which was the only employment opportunity during the last 4 years.
is the word, is the word. Gooooooooooooooooooberment hiring just ended which was the only employment opportunity during the last 4 years.
Posted on 12/15/24 at 7:06 pm to SlowFlowPro
quote:
Based on 2020, I imagine Trump will try to print/spend plenty to keep it afloat and to bail out sectors that look to be on the verge of failure.
And you know why.
quote:
Sadly, the potentially good economic policies (decreased regulations, more petro production) are likely to create positive momentum in time, and the DEMs may be back in control by then and taking credit.
I think it will happen sooner than you think. What then?
Posted on 12/15/24 at 7:13 pm to glassart
quote:
Which gender owns well over 3/4 of the consumer debt in the United States?
The upcoming recession will be a lopsided slap to women at retirement age who are carrying unsustainable debt.
Where did you get this stat? Because I’m finding data that does not agree.
quote:LINK
Women are stereotypically seen as irresponsible spenders, but the data doesn’t back this up. According to a 2019 Experian study, men carry more debt than women across nearly all categories, including credit card debt — the study found that men have $125 more in credit card debt than women on average.
quote:
On average, men have more debt than women across all categories, except for student loans.
Experian compared debt balances among men and women and found that, on average:
Men have 2% more credit card debt than women.
Men have 20% more personal loan debt than women.
Men have 16.3% more auto loan debt than women.
Men have 9.7% more mortgage debt than women.
Women have 2.7% more student loan debt than men.
LINK
Posted on 12/15/24 at 7:20 pm to FATBOY TIGER
quote:
And you know why.
Because neither he nor MAGA are economic conservatives. And we have data on this (his first admin, especially 2020).
quote:
I think it will happen sooner than you think. What then?
Then the GOP have a shot to not be blown out in 2028.
Posted on 12/15/24 at 7:26 pm to notiger1997
quote:
Some of you are really going to be in for a shocker when we really do get into a recession. Unemployment of 10%, interest rates higher than they have been in 25 years, GDP going negative, etc.
What we've been in for the past four years is nothing at all like a recession
You are correct that we have not been in a recession, although Biden might have us headed into one, but we have been in a period of high inflation that, while not a recession, causes a lot of economic pain.
Posted on 12/15/24 at 7:28 pm to John Barron
Maybe, but zero hedge has been predicting imminent economic catastrophe ever since I have been aware of it and I have been aware of it for about 15 years.
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