Keep us all posted on your continued progress with any new ~~progress pics or vid clips~~ data sets. Show us what you got man. Wanna see how freakin’ huge, solid, thick and tight you can get. Thanks for the motivation.
trosso19 on
Us GDP is around 28 trillion. 3% of that is around 800 billion. Us deficit is about 1.9 trillion.
Explain how 1.9 trillion fiscal stimulus causing 0.8 trillion of economic growth is a good thing.
The period of time from 2007-2008 prior to the (at the time) massive economic stimulus and bank bailouts implemented in 2008 is considered by most to be the second worst financial disaster in modern history, eclipsed only by the 1929 crash and Great Depression period of the 1930s.
Look at the GDP numbers for that time period.
Now, understand that looking at GDP numbers in hindsight that are likely getting revised downward is an absolutely shit way to determine what happens next. Fuck the GDP numbers. Inflation, unemployment, the Fed/Congress’s moves and earnings quarterlies are all that matter for the next twelve months.
The free money era of history is over. World powers are trying for this “soft landing” fantasy and what you do from here is dictated by whether you believe they can pull off a “soft landing” in the current macro against a backdrop of hasty, scattered and reckless fiscal and spending policy decisions over the last five years that backstopped an already long overdue correction that was imminent in late 2019. COVID sent us over the cliff.
If we print, we’re fucked. If we don’t print, we’re fucked. In short, we’re fucked.
spanishdictlover on
according to the government….famous last words
Gorgenapper on
>Howitzer shells are shown in production at the Scranton Army Ammunition Plant in Scranton, Pennsylvania
….what?
Dirks_Knee on
Queue the “it’s fake numbers!!! house of cards!!!! we’ve been in a recession for 5 years!!!!” crowd.
Pitiful_Difficulty_3 on
But Fed still cut interest rates
YouOk5736 on
How’s this possible? I stopped getting takeout food
UsernameApplies on
Wait wait wait.
I was told we’re in the middle of a recession, nay a collapse, with a carton of eggs costing $9 and you can’t even go to the supermarket anymore! The shelves are empty!
9 Comments
Awesome ~~pics~~ data.
Great size. Look thick. Solid. Tight.
Keep us all posted on your continued progress with any new ~~progress pics or vid clips~~ data sets. Show us what you got man. Wanna see how freakin’ huge, solid, thick and tight you can get. Thanks for the motivation.
Us GDP is around 28 trillion. 3% of that is around 800 billion. Us deficit is about 1.9 trillion.
Explain how 1.9 trillion fiscal stimulus causing 0.8 trillion of economic growth is a good thing.
https://www.multpl.com/us-gdp/table/by-quarter
The period of time from 2007-2008 prior to the (at the time) massive economic stimulus and bank bailouts implemented in 2008 is considered by most to be the second worst financial disaster in modern history, eclipsed only by the 1929 crash and Great Depression period of the 1930s.
Look at the GDP numbers for that time period.
Now, understand that looking at GDP numbers in hindsight that are likely getting revised downward is an absolutely shit way to determine what happens next. Fuck the GDP numbers. Inflation, unemployment, the Fed/Congress’s moves and earnings quarterlies are all that matter for the next twelve months.
The free money era of history is over. World powers are trying for this “soft landing” fantasy and what you do from here is dictated by whether you believe they can pull off a “soft landing” in the current macro against a backdrop of hasty, scattered and reckless fiscal and spending policy decisions over the last five years that backstopped an already long overdue correction that was imminent in late 2019. COVID sent us over the cliff.
If we print, we’re fucked. If we don’t print, we’re fucked. In short, we’re fucked.
according to the government….famous last words
>Howitzer shells are shown in production at the Scranton Army Ammunition Plant in Scranton, Pennsylvania
….what?
Queue the “it’s fake numbers!!! house of cards!!!! we’ve been in a recession for 5 years!!!!” crowd.
But Fed still cut interest rates
How’s this possible? I stopped getting takeout food
Wait wait wait.
I was told we’re in the middle of a recession, nay a collapse, with a carton of eggs costing $9 and you can’t even go to the supermarket anymore! The shelves are empty!