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Joined: Sep 2003
Posts: 23,432
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,432 |
Jeez bought some Fritos today for a batch of Chili for next camp trip $4.50 for a 9 oz bag ???????? FJB............... ![[Linked Image from i5.walmartimages.com]](https://i5.walmartimages.com/seo/Fritos-Regular-Corn-Chips-9-25-oz_c50fe9c3-5593-43e0-9ca2-fcdd293f8c36.d058b51206a60140bf053485f4ead5fd.jpeg) Frito lay is an interesting one. Lots of articles about the price hikes they did. Easily avoided though. Don’t buy it. Feel better, live longer.
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Joined: Dec 2013
Posts: 44,343 Likes: 7
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,343 Likes: 7 |
I guess were are lucky as the doom and gloom end of the world inflation hasn't really hit us. Been hearing all kinds of bullchit on here and everywhere else for the last 3-4 years and still waiting for the dollar to collapse. Could it happen, sure, anything could happen but I'm sorta done worrying about it. As for that expensive beef. Guess what, there's actually a bit of a real reason why it costs more now. https://www.drovers.com/news/beef-production/us-cattle-inventory-reaches-73-year-lowSam, the dollar is going to collapse. There is no way around it. You guys have to understand that 34 trillion dollars in debt is not sustainable right? The dollar is dying, the country is dying. Food and fuel prices are bad, not quite sure how you arent seeing that. Champ, I see the mess our country is in with all the retarded spending and debt. That's been going on forever and damn right, it is NOT good! Why on God's green Earth are we blowing money we don't even have on other countries problems?! That horse has been beat into dust but it still goes on and on.... I was referencing the fact that inflation isn't hurting us workers with low overhead and low budget lifestyles. And we weren't blessed with kids so groceries only take up about 9%(just did the math) of our income. I hear you, Sam. No lavish lifestyles here, either. And cooking at home takes a huge chunk out of weekly/monthly living expenses. We can darn near do whatever we please because our parents lived through the Depression and we inherited their thrifty, non-frivolous lifestyle, and work ethic. BUT... we see the damage being done to the younger generation and those less fortunate. Every person that works for me makes at minimum $20/hr. Over the years I've learned paying people a better salary makes for a better relationship and often breeds better and more loyalty. Not always, but most of the time. I see the damage the democrats and the carcass in the White House do to these people's families. It makes me sick to my stomach. Most of them work at least 2 jobs (one of them working for me), which means someone else has a big hand in raising their kids. There's always obvious sadness in their eyes when the conversation goes there. I sure hope Trump gets in this time around, and that he's able to beat all the different cheating by the dhims with a huge landslide win. The other thing is, you gotta enjoy your lives along the way. No matter what the commies are doing. Smack em when needed, but make sure you and your family are enjoying the ride to the greatest extent possible. My niece is getting married in April. Thinking about giving her and hubby my '77 Marlin 39A with a Leupold VX2 3-9x33 EFR CDS AO Windplex scope on it as a wedding gift. I'm guessing the females in the family may poo-poo that idea. LOL. 😂 My mother in law gave my daughter a G43 for a wedding gift. Seemed like one of the more practical gifts she received. Quite thoughtful. Niece already has a 43X. I supplied her with ammo.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Mar 2008
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Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
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If you look under the hood it looks like we're headed for a crash to me. When I dont know, but could be this year. If you think the money printed during covid was outrageous just wait. I dont think the dollar is in danger yet, quite the opposite actually. i think this will be a global phenomenon and likely caused (or at least triggered) overseas. with the world so tied together, we will go down with them via massive derivative speculation, just my best guess . So the dollar will likely be the cleanest shirt in the laundry so to speak. Sure many of the regional banks will go bust, but our big banks are pretty strong, after the taxpayer bailout they'll get even stronger buying the assets pennies on the dollar, further concentrating power..not good for the lang haul. As of right now there is an absolute [bleep] of money out there so i actually expect the stock market to keep climbing.
No doubt this will be an unpopular opinion here but I dont think it matters who the president was the last 4 years, it'd still play out the same way. Sad truth is both parties love to spend, fiscal policy is out of control and the blame lies at the feet of both parties. I hate to stick up for the FED in any way, but they dont make fiscal policy. Infact I was pretty disappointed when Trump bashed Jay Powell the other day, in my opinion he's navigated this disaster pretty good so far, but ultimately I think he's fighting an unwinnable battle. You could blame him for not hiking sooner and I would agree, he kept the transitory talk up for too long. But in his defense we were coming off the covid printing spree.
I cringe at the people bragging about their 401k's , you'll be nothing but exit liquidity. It will recover some via massive stimulus, but i dont think we'll see the pre bust levels again...possibly ever. All i can tell people is, just like after covid..stop thinking like a consumer. the rich got extreamly rich, and they're about to add to 10X to that on the next bust/print cycle and the poors will get poorer waiting for some politician to come save them. Figure out a way to get a piece of it..
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Joined: Dec 2019
Posts: 1,395
Campfire Regular
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Campfire Regular
Joined: Dec 2019
Posts: 1,395 |
Some people are doing very well. Real Estate is still hot even overpriced as it is. Crazy niche jobs paying stupid money while traditional occupations founder for citizens, turned over to immigrants, illegal to permitted and pampered, or shipped off to Asia. It's a merry go round version of musical chairs with the centrifugal force of the elastic dollar stretched into wagering territory. Everyone backing away taking bets from all comers. A sugar rush, as the wobbling enterprise speeds up. With the treasury issuing more debt than usual suckers will buy, it has to buy up the rubbish itself. It is cuckoo accounting of magical thinking none of the elected fools care to notice. Forget understanding! Pulling another $96 Billion out of the ether, or darker nether reaches of habitual bluster, seems to have awakened a few skeptics though. Costs do add up when plans don't work, like regime change in Russia. Oh dear.....Meanwhile, pushing a shopping cart is the new exercise in situational awareness glum shoppers can't escape. They don't overthink it. But if the Jews get their war with Iran at least, it will all be just fine.....
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Joined: Sep 2003
Posts: 23,432
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,432 |
Rosco, I always appreciate your posts. Are you talking about a 2008ish crash or something different? If you look under the hood it looks like we're headed for a crash to me. When I dont know, but could be this year. If you think the money printed during covid was outrageous just wait. I dont think the dollar is in danger yet, quite the opposite actually. i think this will be a global phenomenon and likely caused (or at least triggered) overseas. with the world so tied together, we will go down with them via massive derivative speculation, just my best guess . So the dollar will likely be the cleanest shirt in the laundry so to speak. Sure many of the regional banks will go bust, but our big banks are pretty strong, after the taxpayer bailout they'll get even stronger buying the assets pennies on the dollar, further concentrating power..not good for the lang haul. As of right now there is an absolute [bleep] of money out there so i actually expect the stock market to keep climbing.
No doubt this will be an unpopular opinion here but I dont think it matters who the president was the last 4 years, it'd still play out the same way. Sad truth is both parties love to spend, fiscal policy is out of control and the blame lies at the feet of both parties. I hate to stick up for the FED in any way, but they dont make fiscal policy. Infact I was pretty disappointed when Trump bashed Jay Powell the other day, in my opinion he's navigated this disaster pretty good so far, but ultimately I think he's fighting an unwinnable battle. You could blame him for not hiking sooner and I would agree, he kept the transitory talk up for too long. But in his defense we were coming off the covid printing spree.
I cringe at the people bragging about their 401k's , you'll be nothing but exit liquidity. It will recover some via massive stimulus, but i dont think we'll see the pre bust levels again...possibly ever. All i can tell people is, just like after covid..stop thinking like a consumer. the rich got extreamly rich, and they're about to add to 10X to that on the next bust/print cycle and the poors will get poorer waiting for some politician to come save them. Figure out a way to get a piece of it..
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Joined: Sep 2023
Posts: 1,332
Campfire Regular
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OP
Campfire Regular
Joined: Sep 2023
Posts: 1,332 |
Good post Rosco! Wealth always changing hands. Just get a piece of it!
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Joined: Feb 2010
Posts: 15,681 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 15,681 Likes: 1 |
I certainly don’t believe I should push my beliefs on another person. So WTF are you doing here then?? Laughing at you guys claiming the world is coming to an end and the economy is in the tank. The numbers say the economy is doing just fine. Hell, even Trump advisors are having to admit it’s doing well. I'm laughing at a moron who has told me I don't know anything and then tries to tell me the Depression started in August of 1929 (the crash culminated in late October and the actual economic depression was a slow train wreck that followed), and that it was Hoover's fault (it was NOT Hoover's fault, it was overconfidence and the failure to recognize a bubble) and that FDR fixed it (he did NOT, he only prolonged it and used it as an excuse to implement socialistic policies). And then goes on a rabid rant with false accusations against Trump. "The numbers" may indicate that everything is swell, but the one number being ignored is $34,000,000,000,000. No, it is not entirely the dhimmicrats' fault---it's the RINOs as well...but show me ONE SINGLE DHIMMICRAT that gets it. Just one. There will be NO fiscal responsibility originating on the left, and it's rare enough on the right. I think it's funny as all hell to watch you libs melt down over what's being revealed about the dhimmicrats. And that is exactly what your presence here is: an epic meltdown. Carry on, jetklit. RiverRider, It has become clear to me that this is a completely brainwashed less than intellectual liberal pos who pushes communist ideology solely to support democrats so he'll be able to continue his drug abusing lifestyle. I know losers like him. They've been like this their entire lives. Never an original thought. Huge pussies who would never ever spout their communist spittle in public. Likely so. I thiink it's actually JeffO, though, and we know what the kind of assclown JeffO is. Didn’t someone already pull JeffO’s join date and determine mine was before his. WOW, he had great for sight. I certainly don’t believe I should push my beliefs on another person. So WTF are you doing here then?? Laughing at you guys claiming the world is coming to an end and the economy is in the tank. The numbers say the economy is doing just fine. Hell, even Trump advisors are having to admit it’s doing well. I'm laughing at a moron who has told me I don't know anything and then tries to tell me the Depression started in August of 1929 (the crash culminated in late October and the actual economic depression was a slow train wreck that followed), and that it was Hoover's fault (it was NOT Hoover's fault, it was overconfidence and the failure to recognize a bubble) and that FDR fixed it (he did NOT, he only prolonged it and used it as an excuse to implement socialistic policies). And then goes on a rabid rant with false accusations against Trump. "The numbers" may indicate that everything is swell, but the one number being ignored is $34,000,000,000,000. No, it is not entirely the dhimmicrats' fault---it's the RINOs as well...but show me ONE SINGLE DHIMMICRAT that gets it. Just one. There will be NO fiscal responsibility originating on the left, and it's rare enough on the right. I think it's funny as all hell to watch you libs melt down over what's being revealed about the dhimmicrats. And that is exactly what your presence here is: an epic meltdown. Carry on, jetklit. RiverRider, It has become clear to me that this is a completely brainwashed less than intellectual liberal pos who pushes communist ideology solely to support democrats so he'll be able to continue his drug abusing lifestyle. I know losers like him. They've been like this their entire lives. Never an original thought. Huge pussies who would never ever spout their communist spittle in public. Likely so. I thiink it's actually JeffO, though, and we know what the kind of assclown JeffO is. Didn’t someone already pull JeffO’s join date and determine mine was before his. WOW, he had great for sight. Young whippersnapper, it’s “foresight” 😊
NRA Life,Endowment,Patron or Benefactor since '72.
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Joined: Mar 2008
Posts: 5,335
Campfire Tracker
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Campfire Tracker
Joined: Mar 2008
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Rosco, I always appreciate your posts. Are you talking about a 2008ish crash or something different? If you look under the hood it looks like we're headed for a crash to me. When I dont know, but could be this year. If you think the money printed during covid was outrageous just wait. I dont think the dollar is in danger yet, quite the opposite actually. i think this will be a global phenomenon and likely caused (or at least triggered) overseas. with the world so tied together, we will go down with them via massive derivative speculation, just my best guess . So the dollar will likely be the cleanest shirt in the laundry so to speak. Sure many of the regional banks will go bust, but our big banks are pretty strong, after the taxpayer bailout they'll get even stronger buying the assets pennies on the dollar, further concentrating power..not good for the lang haul. As of right now there is an absolute [bleep] of money out there so i actually expect the stock market to keep climbing.
No doubt this will be an unpopular opinion here but I dont think it matters who the president was the last 4 years, it'd still play out the same way. Sad truth is both parties love to spend, fiscal policy is out of control and the blame lies at the feet of both parties. I hate to stick up for the FED in any way, but they dont make fiscal policy. Infact I was pretty disappointed when Trump bashed Jay Powell the other day, in my opinion he's navigated this disaster pretty good so far, but ultimately I think he's fighting an unwinnable battle. You could blame him for not hiking sooner and I would agree, he kept the transitory talk up for too long. But in his defense we were coming off the covid printing spree.
I cringe at the people bragging about their 401k's , you'll be nothing but exit liquidity. It will recover some via massive stimulus, but i dont think we'll see the pre bust levels again...possibly ever. All i can tell people is, just like after covid..stop thinking like a consumer. the rich got extremely rich, and they're about to add to 10X to that on the next bust/print cycle and the poors will get poorer waiting for some politician to come save them. Figure out a way to get a piece of it..
. Not caused by the same thing, but something similar on the panic scale.auto loans will likely be a big deal in the US debt market. I think it will take much more stimulus this time. It takes more every time this happens. Its the only tool they have to combat it. IMO when a big entity oversees gets in trouble its going to have a domino effect because we are all tied together, last I checked just the big 3 US banks alone have 160 trillion in derivatives, that leverage is all tied together world wide in a tangled web . ECB and BOJ are looking pretty suspect right now. So many rabbit holes you can go down as to the how and whys. A long story that would start something like " you see it all started on an island in 1913". But just like in 2008 there will be opportunity in the chaos, UST and commodities will probably be among the top performers. And new wars unfortunately. Hopefully I'm just paranoid, but it sure doesn't look good. One of those rabbit holes is i believe its the end goal of the central banks along with a chosen other few funds (vanguard,black rock JPM etc) this will be another big step in that direction they are already behemoths gobbling up everything and will only get bigger. how much time it buys us until the next one is up for debate, the can getting kicked will travel less further each time. Unless they dig up Teddy Roosevelt IDK who's going to stop them, even if they did it'd just be a postponement. JFK tried and look what he got for his trouble. I'm rambling
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Joined: Jan 2020
Posts: 5,172
Campfire Tracker
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Campfire Tracker
Joined: Jan 2020
Posts: 5,172 |
A new Hobart generator welder was twice the price Friday than in 2018. A Millermatic welder is twice as much as it was in 2018. The good news is interest rates are twice as much as they were in 2018.
Life is good live it while you can.
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Joined: Jan 2012
Posts: 26,508 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,508 Likes: 2 |
I did, Cali is broke[almost as bad as Bidens USA] Hey JJ, Have you seen the latest news out re; Cali's deficit?
FJB & FJT
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Joined: Jun 2012
Posts: 4,531
Campfire Tracker
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Campfire Tracker
Joined: Jun 2012
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Jeez bought some Fritos today for a batch of Chili for next camp trip $4.50 for a 9 oz bag ???????? FJB............... Frito lay is an interesting one. Lots of articles about the price hikes they did. Easily avoided though. Don’t buy it. Feel better, live longer. Every time we cook chili the wife and kids are always eating it with fritos, I went into the chip section to buy some, had to be the most expensive chips on the shelves. They've easily doubled in price.
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Joined: Nov 2006
Posts: 1,019
Campfire Regular
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Joined: Nov 2006
Posts: 1,019 |
Look at that. DOW is up 415 for the day and over 39,000.
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Joined: Jan 2012
Posts: 26,508 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,508 Likes: 2 |
DOW/NASDAQ/S&P= Emotions
National deficit does not = Emotions
California[super blue state] deficit does not = Emotions
FJB & FJT
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Joined: Nov 2015
Posts: 14,624
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2015
Posts: 14,624 |
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Joined: Jan 2012
Posts: 26,508 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,508 Likes: 2 |
Oh how quickly 95 years slips away.
All of those folk riding record highs in the stock market back in 09/29...........
What was it that brought it all down?
First & foremost debt.
But the difference then was that it was mostly personal/business debt.
FJB & FJT
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Joined: Nov 2006
Posts: 1,019
Campfire Regular
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Campfire Regular
Joined: Nov 2006
Posts: 1,019 |
Oh how quickly 95 years slips away.
All of those folk riding record highs in the stock market back in 09/29...........
What was it that brought it all down?
First & foremost debt.
But the difference then was that it was mostly personal/business debt. Buying on the margin.
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Joined: Nov 2004
Posts: 10,002
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2004
Posts: 10,002 |
How many years did it take for the community redevelopment act to cause 2008. The crap Biden/Obama boys round 3 have been putting in place will cause problems for years. The extra 10 million illegals on the tit will certainly move the cloward Piven strategy along. They get this economy destroyed and stick ot to whitey's everywhere and then build back bulshevic.
They've all ready got a few wars rolling nicely along. Innocent men women and kids around the world dieing because politicians have petty beefs with each other. Evil is real and it likes a good color revolution.
Bb
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Joined: Nov 2015
Posts: 14,624
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2015
Posts: 14,624 |
Jetboi is loaded goes on safaris n schit
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Joined: Jan 2012
Posts: 26,508 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,508 Likes: 2 |
DOW/NASDAQ/S&P= Emotions
National deficit does not = Emotions
California[super blue state] deficit does not = Emotions Plus a myriad of other states that can't/won't balance their respective budgets, plus a couple of million folks upside down in homes and vehicles. Makes one go hmmmmm
FJB & FJT
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Joined: Mar 2010
Posts: 11,812 Likes: 6
Campfire Outfitter
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Campfire Outfitter
Joined: Mar 2010
Posts: 11,812 Likes: 6 |
Look at that. DOW is up 415 for the day and over 39,000. Using the fake ass stock market as an economy indicator just shows how little you understand anything that is currently happening. Fool
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