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Message
re: 03/03/25: ATL Fed predicts GDP to fall by -2.8% in 1Q25
Posted on 3/3/25 at 2:38 pm to RogerTheShrubber
Posted on 3/3/25 at 2:38 pm to RogerTheShrubber
Directly and indirectly, our economy has mostly been government spending.
This post was edited on 3/3/25 at 2:39 pm
Posted on 3/3/25 at 2:42 pm to Aguga
quote:
Probably because no one bought anything on Friday.
Oh shite, totally forgot. My fault comrades.
Posted on 3/3/25 at 3:08 pm to rob0710
quote:
Directly and indirectly, our economy has mostly been government spending.
Its directly. For about 45 years we have been borrowing money and handing it to folks like the Walmart heirs. Everyone suspected something was amiss but they got us debating things like gay folks in the military and men in dresses reading to kids in public libraries and here were are.....
Posted on 3/3/25 at 4:29 pm to AwgustaDawg
Recession is ok, as long as it’s mild
Posted on 3/3/25 at 6:05 pm to tadman
quote:
And what are you alluding to? Trump's inauguration? Surely you don't think he can drive the economy off the cliff that fast, do you?
I mean, he’s gutting the civil service and throwing up tariffs. That doesn’t exactly inspire consumer confidence.
Posted on 3/3/25 at 6:11 pm to rickyb223
quote:
Long term this will help though.
Gotta clear the pus out before the wound heals.
Posted on 3/3/25 at 6:12 pm to GumboPot
Better take my funds out bf it corrects. It’s doing well.
Posted on 3/3/25 at 6:13 pm to GetCocky11
quote:
mean, he’s gutting the civil service and throwing up tariffs.
LOL, we are nowhere NEAR “gutting” Federal jobs rosters.
Posted on 3/3/25 at 6:17 pm to IMSA_Fan
I saw an article the other day that basically said the US government is propping up delinquencies in the FHA housing market. Basically everyone that isn't paying their note, the government is just rolling that principal back into the loan and not marking them delinquent. I'm curious to know if that's true or not
Posted on 3/3/25 at 6:51 pm to NIH
quote:
Anyone else miss Joe yet?
Why would anyone miss the guy whose policies exacerbated this?
Posted on 3/3/25 at 6:57 pm to tadman
quote:
This makes no sense to me.
Trump policies.
Posted on 3/3/25 at 7:34 pm to GetCocky11
quote:
I mean, he’s gutting the civil service and throwing up tariffs. That doesn’t exactly inspire consumer confidence.
(a) how is he gutting civil service, describe please in terms of percentages of salary spend or headcount.
(b) how does that ruin consumer confidence? I'm a lot more likely to think our nation is well off if there isn't a glut of civil service employees running up the debt
Posted on 3/3/25 at 7:48 pm to IMSA_Fan
Buy some VIX calls if you can.
Posted on 3/3/25 at 9:13 pm to IMSA_Fan
Little shitty economy for a bit get house rates back down :)
Posted on 3/3/25 at 9:18 pm to IMSA_Fan
Will continue to stay the course and max out 401k.
Posted on 3/3/25 at 9:30 pm to rickyb223
quote:
If 20% of the TOTAL budget is fraud, then eliminating that will (short term) drop a nuke on GDP.
No one is alleging that 20% is fraud. That is a ridiculous estimate.
Posted on 3/3/25 at 9:34 pm to IMSA_Fan
quote:
ATL Fed predicts GDP to fall by -2.8% in 1Q25

Just 2 months ago it was growing at 2.3%
Posted on 3/3/25 at 9:35 pm to NIH
quote:
Anyone else miss Joe yet?
Imagine missing an installed walking vegetable as president.
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