Here We Go Again....The US Economy Is Unwell,April Is Going To Be Brutal

[Ethnic Vagina Finder]

So too many people are working. Too many people are spending money. And that’s a bad thing because of price gouging.. I mean inflation.

First voters bytch about unemployment and not finding work. Now more people are working, unemployment is down.. but now there is inflation.

Meanwhile wealthy people are unbothered by this never ending cycle.

 

[Silkk]

@DuckDemCrackers A clear coat for adding protection against chipping!?!?

Cant believe I never thought of that

+rep

 

[BunchePark]

@DuckDemCrackers A clear coat for adding protection against chipping!?!?

Cant believe I never thought of that

+rep

yes the night after I painted them I chipped a few just moving/stacking them

so I went and got the clear coat

still got like 70 bricks left to do but first I gotta get em up off the ground and pressure clean them

 

[Piff Perkins]

great headlines...
but its way more nuanced than that

I'm blown away people are sitting around parroting bullshyt they don't even understand. Five countries - one of whom is currently stuck in a losing war against Ukraine - dropping the dollar is not some seismic economic shift. The US dollar remains the dominant global currency and the only real "competition" it has is the Euro. What are we doing here. People keep demanding an economic collapse that isn't coming. And I can't help but think about the timing, between the balloon shyt and this, for China after we crushed their chip market lol.

If tomorrow's report is the same as the last few it'll be 250k+, ahead of estimates and doomers will crawl back into their holes for another month. We'll see.

 

[JT-Money]

Tax Revenue doesn't lie.

 

[Dave24]

Tax Revenue doesn't lie.

Subbed to watch later

 

[Lexington Steele]

I'm blown away people are sitting around parroting bullshyt they don't even understand. Five countries - one of whom is currently stuck in a losing war against Ukraine - dropping the dollar is not some seismic economic shift. The US dollar remains the dominant global currency and the only real "competition" it has is the Euro. What are we doing here. People keep demanding an economic collapse that isn't coming. And I can't help but think about the timing, between the balloon shyt and this, for China after we crushed their chip market lol.

If tomorrow's report is the same as the last few it'll be 250k+, ahead of estimates and doomers will crawl back into their holes for another month. We'll see.

‘We may be looking at the end of capitalism’: One of the world’s oldest and largest investment banks warns ‘Greedflation’ has gone too far

Albert Edwards, an economist at the 159-year-old investment bank Société Générale, says corporate greed may call for the unthinkable: Price controls.

fortune.com

Yeah I'm sure it will be fine.

 

[Sir Richard Spirit]

Tax Revenue doesn't lie.

You right. Did you watch the video? Every state but California and New York are are posting 10% gains in tax revenue.

He also points to the reasons why these states are doing bad. White collar jobs laying off, not being able to tax bonuses, rich people leaving.

California had a 100 billion dollar surplus a few months ago and now is facing a 6 billion dollar deficit.

It’s obvious y’all don’t know what y’all talking about and are just sticking tk the fear.

 

[Sir Richard Spirit]

So too many people are working. Too many people are spending money. And that’s a bad thing because of price gouging.. I mean inflation.

First voters bytch about unemployment and not finding work. Now more people are working, unemployment is down.. but now there is inflation.

Meanwhile wealthy people are unbothered by this never ending cycle.

Trump wanted even more people to work and was disrespecting the fed for not dropping interest rates even lower. I’m not sure why Biden isn’t attacking the Fed or at least taking the Elizabeth Warren route. Make the fed answer questions to prove the fed is full of shyt, without saying it out loud.

 

[Ethnic Vagina Finder]

Trump wanted even more people to work and was disrespecting the fed for not dropping interest rates even lower. I’m not sure why Biden isn’t attacking the Fed or at least taking the Elizabeth Warren route. Make the fed answer questions to prove the fed is full of shyt, without saying it out loud.

Um… nah.

Interest rates need to go even hire.

The problem with the economy is a lot of spending is in the form of credit. Be it credit cards, financing vehicles, and taking out a mortgage. Businesses over leverage their lines of credit.

People spending like that got $1000, but they only got $100 of liquidity. People spend more so businesses hire more. But it’s all an illusion.

 

[Sir Richard Spirit]

Um… nah.

Interest rates need to go even hire.

The problem with the economy is a lot of spending is in the form of credit. Be it credit cards, financing vehicles, and taking out a mortgage. Businesses over leverage their lines of credit.

So why does the fed keep talking about employment being hot, wages being to high, and the demand for goods being to strong?

If interests rates werent raised so aggressively businesses would be extending their lines of credit.

 

[JT-Money]

You right. Did you watch the video? Every state but California and New York are are posting 10% gains in tax revenue.

He also points to the reasons why these states are doing bad. White collar jobs laying off, not being able to tax bonuses, rich people leaving.

California had a 100 billion dollar surplus a few months ago and now is facing a 6 billion dollar deficit.

It’s obvious y’all don’t know what y’all talking about and are just sticking tk the fear.

Don't worry you warehouse workers are safe.

 

[Ethnic Vagina Finder]

So why does the fed keep talking about employment being hot, wages being to high, and the demand for goods being to strong?

If interests rates werent raised so aggressively businesses would be extending their lines of credit.

Personal lines of credit and business is typically based on income. The more money you make, the more credit you qualify for.

When people go on vacations, a lot of them don’t pay cash. They put it on a credit card and pay it back over time.

Then you got companies like Klarna and Afterpay. Where you can buy shyt online and pay it off in installments. These companies make it easy for people to buy shyt on credit. Last year a lot of them started decreasing peoples spending limit because it was getting out of hand.

Jobs ain’t the real issue. Companies simply hired too many people because they could afford to or to simply meet the demand of consumer spending. Part of all financial bubbles, is people think that everything will continue to grow.

 

[Gloxina]

Just think about the interest rate cuts, stimulus checks, home buyer assistance, child tax credits, that wait for us mid 2024.


They have to set the stage for the election . Stay out of debt and keep your job. The bandemic part 2 is on the way






IM GONE

You really aren’t lying.


All I want is to make sure I have enough money on hand to throw into the market when it officially bottoms out.
Shyt will be an opportunity of a lifetime.

 

[Sir Richard Spirit]

Personal lines of credit and business is typically based on income. The more money you make, the more credit you qualify for.

When people go on vacations, a lot of them don’t pay cash. They put it on a credit card and pay it back over time.

Then you got companies like Klarna and Afterpay. Where you can buy shyt online and pay it off in installments. These companies make it easy for people to buy shyt on credit. Last year a lot of them started decreasing peoples spending limit because it was getting out of hand.

Jobs ain’t the real issue. Companies simply hired too many people because they could afford to or to simply meet the demand of consumer spending. Part of all financial bubbles, is people think that everything will continue to grow.

The fed is saying the complete opposite.