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Started By
Message
1
Posted on 8/24/26 at 8:31 am to NIH
Don't forget that boomer RE dump will only speed up in the next 4-5 years, meaning any current RE correction could take longer to recover from than the 2008 crash
People's net worths could take huge hits all while we are still seeing inflation above 2% for 65 straight months and counting
SDV likes to sunshine pump, but at some point even he has to admit there are a lot of stress areas that so far have only been held together by bend, but don't break, government intervention.
I hope we navigate out of it, but I also think the majority of this has been caused by Powell's try for a soft landing bullshite, so I am not sure if keeping that same mindset is good or not.
People's net worths could take huge hits all while we are still seeing inflation above 2% for 65 straight months and counting
SDV likes to sunshine pump, but at some point even he has to admit there are a lot of stress areas that so far have only been held together by bend, but don't break, government intervention.
I hope we navigate out of it, but I also think the majority of this has been caused by Powell's try for a soft landing bullshite, so I am not sure if keeping that same mindset is good or not.
Posted on 8/24/26 at 8:35 am to bigjoe1
I def trust bigjoe1 on tigerdroppings over Bessent 
Posted on 8/24/26 at 8:36 am to DeBoar
quote:
but if it is real people are now mad they’re trying something to lower the debt?
No. That’s the point. Instead of lowering spending/debt, they’re willing to sacrifice the middle class to refinance the debt at a lower rate so they can keep spending.
The money printer will eventually be running 24/7 too. Better have some assets and/or gold, IMO.
Look up what a K-shaped economy is, and you’ll realize we’re in one, and the gap will keep growing as long as the can kicking continues.
This post was edited on 8/24/26 at 8:37 am
Posted on 8/24/26 at 8:37 am to DeBoar
quote:
I def trust bigjoe1 on tigerdroppings over Bessent
But you would trust MAGABarbiePatriot90210 if it was good news that you agree with no matter even if it was 100% bullshite.
Trump and his merry band of homosexuals in his Admin are running out of ideas.
This post was edited on 8/24/26 at 8:38 am
Posted on 8/24/26 at 8:39 am to DeBoar
quote:
people are now mad they’re trying something to lower the debt?
You should just exit the conversation before you somehow make yourself look worse
Posted on 8/24/26 at 8:40 am to ronricks
Cry more rondicks.
Posted on 8/24/26 at 8:40 am to stout
Still cleaning up Biden shat
SFP: Lies damit!!!
SFP: Lies damit!!!
Posted on 8/24/26 at 8:41 am to ragincajun03
quote:
Elections are THE most important thing to our political class.
Having qualified candidates is more important & they seem to be getting worse
Posted on 8/24/26 at 8:41 am to SlowFlowPro
quote:
You should just exit the conversation before you somehow make yourself look worse
What did you do to get out of the world’s shortest ban on here?
Posted on 8/24/26 at 8:41 am to Padme
quote:
Still cleaning up Biden shat
Only Biden?
Posted on 8/24/26 at 8:42 am to Padme
quote:
Still cleaning up Biden shat
It goes back further than that and Trump 1.0, even without the Covid money printing, shares blame.
Posted on 8/24/26 at 8:45 am to SlowFlowPro
Oh frick, I knew it was to good to last, the mods over here are more incestuous than the dnc and msm
Posted on 8/24/26 at 8:45 am to SlowFlowPro
I know you are economic genius BUT if they raise interest or if yields continue to increase then the 40 trillion in debt will become significantly higher without spending another dime. Surely you grasp the basic premise of paying higher interest? Not only would it grow US debt payments but it would also increase cc rates, mortgage rates, personal loan rates, etc. The problem with so much debt is there are few options to counter growing inflation and the options we do have aren’t good ones
Posted on 8/24/26 at 8:47 am to SlowFlowPro
Posted on 8/24/26 at 8:47 am to Padme
quote:
Oh frick, I knew it was to good to last, the mods over here are more incestuous than the dnc and msm
Just imagine how the admin that banned him feels that his decision was turned around in less than a month, for SFP
Ouch
Posted on 8/24/26 at 8:49 am to Rip Torner
quote:
I know you are economic genius BUT if they raise interest or if yields continue to increase then the 40 trillion in debt will become significantly higher without spending another dime.
Interest rates will continue to increase until we get our fiscal house in order.
These gimmicks will no longer work.
Let that sink in.
Posted on 8/24/26 at 8:49 am to DeBoar
Truly standing behind your admins. But like the justice system, there are two different tiers of justice.
Posted on 8/24/26 at 8:51 am to stout
quote:
It goes back further than that and Trump 1.0, even without the Covid money printing, shares blame.
Yeah
It really amped up with the GFC at the end of GWB and then again with Trump in 2020.
Obama and then Biden didn't help following each. Now Trump 2 isn't.
It's all can kicking and has been since 2008
Posted on 8/24/26 at 8:54 am to frogtown
quote:
Interest rates will continue to increase until we get our fiscal house in order.
These gimmicks will no longer work.
Yep. It seems we have reached a point where markets shrug off intervention and do so quickly
The leak this morning by CNBC about the TGA fund being used flattened (short-end yields up, long-end down) the curve, but we will see how long that lasts
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