|
|
Post by richm on Jul 2, 2024 19:38:09 GMT -5
A lot of stocks are down. Perhaps they are just getting a jump on the collapse of society and the dollar?
|
|
|
|
Post by One Man Gang on Jul 3, 2024 7:18:12 GMT -5
Some of you libbys remind me of the frog in the pot of boiling water metaphor...
It is confounding how some of you continue to believe what you hear from others rather than what you see with your own eyeballs...
|
|
|
|
Post by Captj on Jul 3, 2024 7:45:16 GMT -5
I don't get all the naysayers. Met with our broker yesterday and things are rosy. All of our investments have done well, and putting our house up for sale we expect to sell within a week. At a huge profit.
|
|
|
|
Post by olmucky on Jul 3, 2024 7:53:55 GMT -5
I don't get all the naysayers. Met with our broker yesterday and things are rosy. All of our investments have done well, and putting our house up for sale we expect to sell within a week. At a huge profit. Everyone can put their house up right now for a profit unless they bought the last 9 mos. And if you have a 401 or stocks etc you’re doing well. That’s just on paper. Before the correction comes, will you have liquidated your ira/401 and sold all your stocks? There was an article the other day just over 30% of people making good money are feeling the pinch now FWIW the average family’s aren’t living in your world. But congrats for your success |
|
|
|
Post by One Man Gang on Jul 3, 2024 8:48:19 GMT -5
How dare some gloat... Everyone's a millionaire on paper right now but yet can't afford food, gas, insurance, taxes, and a myriad of other goods and services.
|
|
|
|
Post by toldya on Jul 3, 2024 9:01:58 GMT -5
I don't get all the naysayers. Met with our broker yesterday and things are rosy. All of our investments have done well, and putting our house up for sale we expect to sell within a week. At a huge profit. Sounds like you can afford to house an illegal at over 300 a night too. I envy you . |
|
|
|
Post by nikonoclast on Jul 3, 2024 9:38:39 GMT -5
Any who complain about out current economic condition are blind to the rest of the planet.
By any comparison, we're doing just fine.
Today's issue of the NY Times has a wonderful article on China's economy.
Their bottom line stubbornly refuses to reflect the Party line.
China's government bond yields have crashed.
People with savings, business's, and banks, have no other place to go.
Real estate is in the dumper, and will be for the foreseeable future.
It's become a stampede, and there's no way to stop it.
China can't afford to invade Taiwan, or help Russia.
Can they afford to let that pudgy pipsqueak in N. Korea make it all worse?
|
|
|
|
Post by illinoisfisherman on Jul 3, 2024 9:53:47 GMT -5
BUT. BUT. BUT.
Nothing but excuses from the lefties.
Our economy is very bad. The terrible decline started when Lyin Biden reversed all of the Trump policies on his first day in office.
His attack on the petroleum industry started our woes.
If you think we are fine you are definitely living in an alternate universe.
And by the way, don’t point to other countries because they all follow our country. Our economy has faltered. Their economy followed.
Hopefully a big change is coming soon.
|
|
|
|
Post by luapnor on Jul 3, 2024 10:05:17 GMT -5
The layoffs are starting to show up. In my industry, Zeiss is laying off which indicates a softening of the market in metrology... which indicates manufacturing is slowing down. Zeiss is one the big dogs so a good measure.
The complete malinvestment in EVs is an unrealized burden on manufacturing. Looks good on paper till the bills come due.
|
|
|
|
Post by meateater on Jul 3, 2024 10:05:57 GMT -5
How dare some gloat... Everyone's a millionaire on paper right now but yet can't afford food, gas, insurance, taxes, and a myriad of other goods and services. some people are straight up lying pieces of shit, i posted truthful factual people and there salaries that are feeling the effects of the economy, a teacher in palm beach , a guy in the coast guard and another in the marines all with over or just about 10 years on the job and none of them could afford a house and raise there kids if there there wife didnt work full time . another guy i know lives with 2 other guys renting a small house in deerfield beach ,great mechanic at a top dealer getting paid 29.00 hour still has to do side jobs most weekends. this economy sucks for working class young people, yea some old farts like me are ok but im not blind to whats going on for younger folks. |
|
|
|
Post by One Man Gang on Jul 3, 2024 10:06:30 GMT -5
I learned more truth about how corrupt our entire system is in the last 4 yrs (Covid) than the previous 50.
How any of you could trust or defend any of these maggot career politicians is beyond me. They're all selling us out.
|
|
|
|
Post by ferris1248 on Jul 3, 2024 10:15:51 GMT -5
We've become a nation of victims and it's sad to see all the whining.
|
|
|
|
Post by toldya on Jul 3, 2024 10:24:55 GMT -5
We've become a nation of victims and it's sad to see all the whining. Quit complaining .  |
|
|
|
Post by luapnor on Jul 3, 2024 10:32:33 GMT -5
We've become a nation of victims and it's sad to see all the whining. Quit complaining . The "I got mine, fuck you and quit your complaining" generation in a single sentence. |
|
|
|
Post by nuevowavo on Jul 3, 2024 13:45:08 GMT -5
Can someone tell me what Trump will do about inflation? Will he magically bring prices down?
Face it, inflation was and is a big problem, especially for those with lower incomes. But these prices are here to stay. Trump can say "drill,drill, drill" all he wants, but the oil companies are not gonna flood the market with oil while they're making record profits with crude prices where they are.
In the meantime, a record number of Americans are flying during this holiday week, and airfares are not cheap. So the spending continues...
|
|
