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Joined: Oct 2004
Posts: 23,371 Likes: 2
Campfire Ranger
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OP
Campfire Ranger
Joined: Oct 2004
Posts: 23,371 Likes: 2 |
Take 90 seconds and look at the causes of the major US economic downturns since WW II, and especially since 1960. Count up how many were caused by A. - inflationary pressure B.- Spike in oil prices Now look at what actions this inept administration has initiated to A. - cause a spike in oil prices and B.- increase inflationary pressure. What did anyone expect to happen to the stock market? After studing this, are you shocked and stunned that the market is retreating? I should hope not. The only think that surprised me was that the market went up after the 2020 election, and did not start to tank as soon as Biden started issuing EO's killing fossil fuels. I suppose the massive injection of liquidity keep consumer spending post Covid kept the market happy for a spell. Once the pent up consumer demand was satisfied, we entered this messy period. Anyone see the market at 25,000 soon? It's likely. Read: https://fifthperson.com/every-us-stock-market-crash-since-the-1950s/
"The Democrat Party looks like Titanic survivors. Partying and celebrating one moment, and huddled in lifeboats freezing the next". Hatari 2017
"Hokey religions and ancient weapons are no match for a good blaster at your side, kid." Han Solo
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Joined: Feb 2004
Posts: 19,240 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 19,240 Likes: 4 |
Interview with Frank Luntz. Very interesting information. It's worth the 5 minutes. kwg https://www.cnbc.com/video/2022/06/...inflation-says-pollster-frank-luntz.html
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
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Joined: Jun 2007
Posts: 7,924 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2007
Posts: 7,924 Likes: 3 |
Inflation is great for the state and county sales tax revenue stream. There IS a reason state and county politicians give vague "I feel yer pain" comments to the citizens. Appeasement sympathy, and if democrats, deception and manipulation.
State and county sales tax revenues are seldom spoken of during times of high inflation.
GOA
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Joined: Sep 2011
Posts: 45,259 Likes: 21
Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2011
Posts: 45,259 Likes: 21 |
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Joined: Jan 2012
Posts: 26,550 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,550 Likes: 3 |
Consumer savings: DOWN
Consumer CC Apps: UP
I really like the 'professionals' that keep stating that a recession is only 'possible' when we're 2 weeks out from confirmation of it.
FJB & FJT
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Joined: May 2016
Posts: 60,578 Likes: 26
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,578 Likes: 26 |
Oh good.
The very thing (make believe) we had to support at the cost to the working men and women of this country is about to harm them even more?
What a piss poor barometer of economic health.....
I am MAGA.
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Joined: Mar 2010
Posts: 24,282 Likes: 11
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,282 Likes: 11 |
This was predicted over six months ago by many financial experts if you were paying attention. Luntz is just jumping on the band wagon now in a pathetic attempt to be relevant
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Joined: Feb 2004
Posts: 19,240 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 19,240 Likes: 4 |
This was predicted over six months ago by many financial experts if you were paying attention. Luntz is just jumping on the band wagon now in a pathetic attempt to be relevant Frank Luntz is a very public figure. I thought this piggy backed on what Hatari had posted so I threw it up. It's obvious to those of us who have been paying attention that things are about to go to hell but hearing it from Frank on CNBC puts it out in front of a new audience. An audience that has been ignoring the visible signs for a long time. It's now on YouTube as well. Maybe now enough Americans will get motivated to contact their elected representatives and demand some changes. Joe Biden is owned by the radical eco green earth first types and that is why he shut down the Keystone and has stopped all oil drilling and exploration on public land. Maybe now those Americans who have been in denial will send those emails and letters to their democRAT representatives and demand that Joe open the oil business back up. It's good to know we are ahead of the game but our circle of friends is/are small. It's those "other folks" we have to wake up and get them to pull their heads out of their collective a$$es and demand some changes be made. But, it's probably too late if as you say "Frank is just jumping on the bandwagon to be relevant". kwg
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
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Joined: Feb 2011
Posts: 26,389 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Feb 2011
Posts: 26,389 Likes: 6 |
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Joined: Feb 2016
Posts: 17,831
Campfire Ranger
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Campfire Ranger
Joined: Feb 2016
Posts: 17,831 |
Anybody with half a brain knew Bidenco would fugg chit up.
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Joined: Dec 2005
Posts: 10,302 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2005
Posts: 10,302 Likes: 1 |
Anybody with half a brain knew Bidenco would fugg chit up. Even obama knew..............
"...A man's rights rest in three boxes: the ballot box, the jury box and the cartridge box..." Frederick Douglass, 1867
( . Y . )
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Joined: Oct 2021
Posts: 10,844 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2021
Posts: 10,844 Likes: 3 |
Anybody with half a brain knew Bidenco would fugg chit up. But he’s gonna increase social security payments by 2400$/year just in time for the November elections. That’s gonna backfire with the younger voting generation I think.
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Joined: Apr 2011
Posts: 69,308 Likes: 16
Campfire Kahuna
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Campfire Kahuna
Joined: Apr 2011
Posts: 69,308 Likes: 16 |
Anybody with half a brain knew Bidenco would fugg chit up. Even obama knew.............. Yep. When the former worst “President” ever says you’re a Fuqkup, you know things are going to be bad. 🤪
"Allways speak the truth and you will never have to remember what you said before..." Sam Houston Texans, "We say Grace, We Say Mam, If You Don't Like it, We Don't Give a Damn!"
~Molɔ̀ːn Labé Skýla~
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Joined: Dec 2018
Posts: 1,377
Campfire Regular
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Campfire Regular
Joined: Dec 2018
Posts: 1,377 |
This was predicted over six months ago by many financial experts if you were paying attention. Luntz is just jumping on the band wagon now in a pathetic attempt to be relevant Luntz is a dunce.
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Joined: Mar 2008
Posts: 15,647
Campfire Ranger
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Campfire Ranger
Joined: Mar 2008
Posts: 15,647 |
Hatari speak truth, again.
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Joined: Apr 2011
Posts: 69,308 Likes: 16
Campfire Kahuna
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Campfire Kahuna
Joined: Apr 2011
Posts: 69,308 Likes: 16 |
Hatari speak truth, again. Yep. He’s spot on, as per usual. If Hiden Biden and his Handlers are allowed to continue to rule, we are in for another Great Depression that will make the first one look like a cake walk. 😡
Last edited by chlinstructor; 06/17/22.
"Allways speak the truth and you will never have to remember what you said before..." Sam Houston Texans, "We say Grace, We Say Mam, If You Don't Like it, We Don't Give a Damn!"
~Molɔ̀ːn Labé Skýla~
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Joined: Feb 2004
Posts: 17,134 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 17,134 Likes: 4 |
Could be. I expect bad times ahead. A “red wave” in November, if it happens, and in 2024, which of course I also hope happens, will not turn this country around totally. And of course that presumes the prevention of another 2000 mules in our elections. I think even many secularists sense this. It’s not just a matter of politics and ideology, but a matter of moral depravity including the abuse of children (public education) and rejecting of the sanctity of life (child infanticide)..
So, I would submit something that is much more foreboding, and that is that this nation is under God’s judgement. Why? Because we have rejected the moral order that made this a great, a uniquely great nation. And we have thrown God’s timeless truths in His face.
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Joined: Oct 2021
Posts: 10,844 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2021
Posts: 10,844 Likes: 3 |
Could be. I expect bad times ahead. A “red wave” in November, if it happens, and in 2024, which of course I also hope happens, will not turn this country around totally. And of course that presumes the prevention of another 2000 mules in our elections. I think even many secularists sense this. It’s not just a matter of politics and ideology, but a matter of moral depravity including the abuse of children (public education) and rejecting of the sanctity of life (child infanticide)..
So, I would submit something that is much more foreboding, and that is that this nation is under God’s judgement. Why? Because we have rejected the moral order that made this a great, a uniquely great nation. And we have thrown God’s timeless truths in His face. Word.
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Joined: Aug 2007
Posts: 115,424 Likes: 13
Campfire Sage
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Campfire Sage
Joined: Aug 2007
Posts: 115,424 Likes: 13 |
Take 90 seconds and look at the causes of the major US economic downturns since WW II, and especially since 1960. Count up how many were caused by A. - inflationary pressure B.- Spike in oil prices Now look at what actions this inept administration has initiated to A. - cause a spike in oil prices and B.- increase inflationary pressure. What did anyone expect to happen to the stock market? After studing this, are you shocked and stunned that the market is retreating? I should hope not. The only think that surprised me was that the market went up after the 2020 election, and did not start to tank as soon as Biden started issuing EO's killing fossil fuels. I suppose the massive injection of liquidity keep consumer spending post Covid kept the market happy for a spell. Once the pent up consumer demand was satisfied, we entered this messy period. Anyone see the market at 25,000 soon? It's likely. Read: https://fifthperson.com/every-us-stock-market-crash-since-the-1950s/Oh joy. Another COVTARD that wants to give an economics lesson. LOL Just STFU.
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
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Joined: Mar 2021
Posts: 2,445 Likes: 3
Campfire Regular
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Campfire Regular
Joined: Mar 2021
Posts: 2,445 Likes: 3 |
Oh good.
The very thing (make believe) we had to support at the cost to the working men and women of this country is about to harm them even more?
What a piss poor barometer of economic health..... Yep, Spot on... Working class and Retired folks struggling to make ends meet... Fugg em... As long as the "Markets" Up, It's all good...
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