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re: I hate to admit this but cutting right now would be bad

Posted on 9/16/25 at 6:32 am to
Posted by slackster
Houston
Member since Mar 2009
91271 posts
Posted on 9/16/25 at 6:32 am to
quote:

So we were in a recession in 2022?


By the traditional 2 quarters of negative GDP metric, yes. The same metric you’re now trying to argue means we’ve been in one, which is asinine.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92735 posts
Posted on 9/16/25 at 6:46 am to
quote:

By the traditional 2 quarters of negative GDP metric, yes


Thats wierd. You always denied there was a recession

You admitting you were wrong is a nice change for once
Posted by slackster
Houston
Member since Mar 2009
91271 posts
Posted on 9/16/25 at 8:11 am to
I never argued against there being two quarters of negative GDP.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92735 posts
Posted on 9/16/25 at 8:14 am to
Yes I know. you argued we werent in a recession

No you admit we were in 22

As always you were wrong
Posted by slackster
Houston
Member since Mar 2009
91271 posts
Posted on 9/16/25 at 8:21 am to
Says the guy who implied we’ve been in one since 2022
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92735 posts
Posted on 9/16/25 at 8:58 am to
Nice delfection. But glad you were honest for once
Posted by MikeyFL
Member since Sep 2010
10089 posts
Posted on 9/16/25 at 9:27 am to
quote:

If you don’t cut the rates we are going to have massive bank failures across the US because of the CMBS exposure. Banks tied to SF, Chicago, Atlanta commercial office and NY apartments are in significant turmoil unless those the developers/property owners can refinance those loans others the defaults will wipe a lot of banks out.



Interesting how executives talk a big game when it comes to disruption and the workforce.

But God forbid societal disruption should negatively hit an industry where wealthy people profit due to their invested advantages.
This post was edited on 9/16/25 at 9:28 am
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