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Started By
Message
re: Economy "Falling of a Cliff"
Posted on 12/15/24 at 7:33 pm to TigerIron
Posted on 12/15/24 at 7:33 pm to TigerIron
quote:
have been aware of it and I have been aware of it for about 15 years.
They called the housing bubble in 2008. I was able to buy a foreclosure for half the price because of zerohedge
Ever since 2008 the economy has been a house of cards because they never let it naturally recover. Wall Street and Hedge Funds started buying houses and now the bubble is bigger than before. 
1
Posted on 12/15/24 at 7:36 pm to LSUFreek
quote:
As long as it's not permanently saddled to Vance, I don't care what the legacy media says about Trump.
Furthermore, in roughly two years, regardless of an inherited recession, the economy & job opportunities will be booming after de-regulations, oil production, tariffs, Made in America incentives, etc. the possible economic stench will have worn off both Trump & Vance.
Good point! They have been double-bashing TRUMP for 10 years now, and look where he is today!
Posted on 12/15/24 at 7:37 pm to SlowFlowPro
quote:
Because neither he nor MAGA are economic conservatives. And we have data on this (his first admin, especially 2020).
Name the last administration that was, either side.
Posted on 12/15/24 at 8:41 pm to SlowFlowPro
quote:
Wait what?
I see you're still trying to deflect.
I've got a whole freezer full of crow for your dumbass, whenever you get hungry.
Posted on 12/15/24 at 8:45 pm to Bunk Moreland
quote:
We tried to tell 'em.
Good luck with this shite pile, DJT.
quote:
Bunk Moreland
wingman for your buddy
Now you will be actively hoping for a depression so you can be "right on the internet" for a bunch of people you do not know.
You are pathetic.
Posted on 12/15/24 at 8:52 pm to Paddyshack
quote:
I see you're still trying to deflect.
I'm confused as you posted a bunch of lies and I have no idea how they fit in this thread (let alone how they're truthful).
quote:
I've got a whole freezer full of crow for your dumbass, whenever you get hungry.
Unlikely. As usual you probably can't even articulate my positions correctly and will default to lies (like above).
Posted on 12/15/24 at 8:54 pm to RohanGonzales
quote:
Now you will be actively hoping for a depression so you can be "right on the internet" for a bunch of people you do not know.
Expecting =/= hoping for.
You sound like the dullards cheering on housing "investments" increasing on here in 2007-2008 when JT, Col Hap, Milehigh, etc. explained the bubble to them for a year+.
quote:
You are pathetic.
Posted on 12/15/24 at 8:56 pm to SlowFlowPro
quote:
Unlikely. As usual you probably can't even articulate my positions correctly and will default to lies (like above).
I guess you conveniently missed the Chinese spy thread. And the IG report that just came out. No problem.
Let us know when you wish to discuss either topic, I noticed you stayed far away from both threads.
You can't even articulate your positions correctly. They are always changing so you can maintain your know-it-all, truth seeker, "i'm never wrong" schtick.
Posted on 12/15/24 at 9:08 pm to Paddyshack
quote:
. And the IG report that just came out.
I saw it. I don't know why you think you have some sort of receipts for that.
quote:
the Chinese spy thread
The UK story?
quote:
They are always changing
See? A lie.
Posted on 12/15/24 at 9:21 pm to John Barron
In 2008 only a fool could not call the housing bubble. Zerohedge was nothing special in that respect. Now if you could do it in 2006 like Aaron Krowne and the guys at ML-implode.com did, now you are onto something. Anyone who disregarded the New Century implode in Feb. 2007 is a damned fool
Posted on 12/15/24 at 9:39 pm to wfallstiger
Bingo
Posted on 12/15/24 at 9:55 pm to KiwiHead
quote:
In 2008 only a fool could not call the housing bubble.
BS 90% of the people who were trying to convince me to buy a house back then would not listen to me when I told them it was a bubble that was during 2006 -2007. We had doctors and nurses telling me real estate only goes up. When I told them look at the Janitors buying 800k homes at the hospital on stated income only loans they told me that didn't matter.
Most of America thought their was no housing bubble, that's what MSM was telling them. Back then Zerohedge website was considered fringe This post was edited on 12/15/24 at 9:57 pm
Posted on 12/15/24 at 10:06 pm to notiger1997
quote:
What we've been in for the past four years is nothing at all like a recession.
It’s like a recession where $30T is working its way through a zombie economy.
Posted on 12/15/24 at 10:07 pm to John Barron
quote:
at the hospital
You don’t work at a hospital.
Posted on 12/15/24 at 10:44 pm to John Barron
Trump deserves some credit too.
Posted on 12/16/24 at 2:55 am to Lightning
quote:
Where did you get this stat? Because I’m finding data that does not agree.
Read the article that you posted. It plainly states that the credit debt for men is linked to higher earnings not to unsustainable spending habits.
Also, that story is FIVE years old.
There’s a definite narrative that is coming from the chosen people. Do not question their dominion over your entire existence from what you eat to your sexual orientation. Worship them. Submit.
Posted on 12/16/24 at 5:46 am to John Barron
quote:
Just like it went for Obama. Everyone will blame the previous administration.
It depends on timing. The further we get into Trump's term, the more the push will be that it's Trump's fault.
quote:
If you show they were cooking the numbers and lying about economic reports and also Trump has the advantage of the illegal alien situation. All the jobs were going to them. By doing mass Deportations he is fixing the damage Biden did.
Somewhat. The screwing with the numbers is going to be a big point, but the real issue with illegals is their drain on state, local and federal services. Another part of this is the horrid levels of deficit spending the federal government has been doing (a lot of which has helped GDP report as positive, along with high consumer debt). Not only has this likely helped skewing job numbers (government jobs have battled with travel & leisure each month for the top job-creation spot), but it's stymied the Fed's battle against inflation.
The longer this goes on, the more likely we are to get deflation during the next recessionary period (and deflation means the economy is in the shitter, so while it's a benefit to those who are able to keep their jobs it also means LOTS of jobs get cut for a long time).
Posted on 12/16/24 at 6:02 am to RogerTheShrubber
quote:
Why arent his tariffs working?
Donald trump isn’t even in office yet and everything is his fault?
Ok
Posted on 12/16/24 at 6:04 am to John Barron
Job openings can slow or decline without a connection to the economy as a whole
Posted on 12/16/24 at 6:11 am to RogerTheShrubber
quote:I don’t blame Trump for Covid spending.
Do you believe Covid spending had zero influence on inflation?
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