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Started By
Message
There are people who think the economy is healthy
Posted on 5/22/24 at 11:02 am
Posted on 5/22/24 at 11:02 am
Friend group posting highlighting unemployment rate and salaries as a key indicator that our economy is healthy and that we should drive decisions based on these stats.
FYI: 2007 unemployment was 4% and yet we had a recession. How can people be so oblivious to this house of debt
FYI: 2007 unemployment was 4% and yet we had a recession. How can people be so oblivious to this house of debt
14
Posted on 5/22/24 at 11:03 am to fareplay
Ignorance is bliss.
Posted on 5/22/24 at 11:03 am to fareplay
Stock Market’s been stakkkked!!!!
Posted on 5/22/24 at 11:04 am to BabyTac
Yeah that’s how these idiots value the economy they are so out of touch.
Posted on 5/22/24 at 11:05 am to fareplay
Only because of the stock market.
Posted on 5/22/24 at 11:05 am to BabyTac
quote:
BabyTac
quote:
fareplay
Hmmm
Posted on 5/22/24 at 11:06 am to kywildcatfanone
Crashes are crashes because it’s unpredictable
Posted on 5/22/24 at 11:07 am to BabyTac
quote:
Stock Market’s been stakkkked!!!!
Has it been really? What does Dow 40k really mean when our dollars are worth about 75% of what they were worth in 2021?
Posted on 5/22/24 at 11:08 am to fareplay
I’m not sure I would say it’s healthy, but it’s not near as bad as so many of you doom and gloom types have been trying to make it out to be for the last three years.
We will have a bad economy before long and people are going to lose their shite.
We will have a bad economy before long and people are going to lose their shite.
Posted on 5/22/24 at 11:10 am to notiger1997
It is. The $.14 I saved for the Fourth of July has done wonders for the economy.
Posted on 5/22/24 at 11:10 am to fareplay
quote:
There are people who think the economy is healthy
>Posted on 5/22/24 at 11:10 am to kywildcatfanone
It's fine now, but won't be in 12 months Yield curve is still inverted and there has never not been a recession after one has occurred.
Stock market: SP500 is doing well, mostly because of tech/magnificent 7. Nvidia is responsible for a big part of it.
Stock market: SP500 is doing well, mostly because of tech/magnificent 7. Nvidia is responsible for a big part of it.
Posted on 5/22/24 at 11:13 am to notiger1997
quote:
I’m not sure I would say it’s healthy, but it’s not near as bad as so many of you doom and gloom types have been trying to make it out to be for the last three years. We will have a bad economy before long and people are going to lose their shite.
The " doom and gloom " types have been warning of an impending economic recession/depression...and it is coming.
Those who prepare for it will do better than those who do not, and yes people are going to absolutely lose their shite.
Posted on 5/22/24 at 11:13 am to EmmettFitzHume
quote:
but won't be in 12 months Yield curve is still inverted
How long has the yield curve been inverted? How long does it have to be inverted before a recession?
quote:
there has never not been a recession after one has occurred.
There has been, but it has been a while.
This post was edited on 5/22/24 at 11:16 am
Posted on 5/22/24 at 11:15 am to fareplay
Posted on 5/22/24 at 11:15 am to fareplay
There are people who think the 2018-2019 economy was healthy.
Posted on 5/22/24 at 11:15 am to EmmettFitzHume
quote:
It's fine now, but won't be in 12 months
You were probably predicting 18 months ago that the home sales and vehicle sales were going to “go off a cliff” any day now.
Posted on 5/22/24 at 11:15 am to fareplay
This post was edited on 5/22/24 at 11:16 am
Posted on 5/22/24 at 11:17 am to fareplay
My salary has increased 40% since 2021. Doesn’t feel like it though
Posted on 5/22/24 at 11:17 am to fareplay
There were people who though a mask would work and that you could prevent the head cold from spreading by getting multiple vaccinations that hadn't been tested.
Americans are fricking retarded.
Americans are fricking retarded.
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