Favorite team:LSU 
Location:Dallas, TX
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Number of Posts:1469
Registered on:9/15/2015
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re: Rashida Tlaib calls for a $20 minimum wage - let the bidding begin! - wutangfinancial
Over half of the workforce makes less than $20/hour. My God, would that be devastating policy. We know this stuff will never pass though so why stress over it?...
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re: Elizabeth Warren warns of economic collapse, says electing her well prevent crash - wutangfinancial
[quote]Warren has a plan to prevent the next economic crash: [b]Destroy the dollar[/b]. [/quote] Had to make a little adjustment to your title :cheers:...
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re: Reason: The New Conservative Nationalism Is About Subverting Individual Liberty - wutangfinancial
Next level gaslighting right here :rotflmao:...
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re: Iran claims to have arrested 17 CIA operatives (Iranian nationals) - wutangfinancial
Arrest 17 randos Call them American spies ???? Profit...
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re: Drug prices down 2% in last 12 months - wutangfinancial
Also because some years there are really expensive cures that come out that skew the inflation. I've read this happened with Sovaldi in 2015 I think. When you can cure Help C with a pill treatment nobody considers the net spending on treatment. The demonization of pharma needs to stop....
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re: Someone explain National Debt to me - wutangfinancial
I believe one of the most asymmetric risk/reward play in any market is betting that the Yuan gets slammed again the Dollar. Well over the 7ish range that they have it pegged at. They're running a capital and fiscal deficit simaltaneously and that is never a good thing. Also those deficits don't incl...
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re: Trump hits Fed Rate again in this morning's twitter - wutangfinancial
[img]https://d2iwgfpfa1bwya.cloudfront.net/wp-content/uploads/2019/07/Underestimating-the-Fed.png[/img] The current Fed Funds futures contract in December says we will be closer to 1.5% and the futures market consistently over-estimate the Federal Funds Rate when they are systematically changing ...
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re: Trump hits Fed Rate again in this morning's twitter - wutangfinancial
[quote]Nearly 20yrs ago, we gave China the privilege of WTO complete with 'developing country' status. China now claims its special and differential treatment is a ‘fundamental right’, and says it will not cede to US demands to mature its status. What impact has the resultant asymmetric Chinese trad...
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re: $15 minimum wage proposal - wutangfinancial
You're also going to increase automation and increase poverty for everybody making in between $7.25-$15/hour. It's inevitable. They aren't worth more now for economic and market specific reasons that the government has no control over....
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re: $15 minimum wage proposal - wutangfinancial
[quote]Basically we are subsidizing giant corporations like Walmart with our tax money so they can continue paying low wages. [/quote] We are not subsidizing corporations, what a moronic comment. It's like you just consume cable news garbage and spew it out. It's the other way around, Wal-Mart i...
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re: Trump hits Fed Rate again in this morning's twitter - wutangfinancial
You are wrong on that, sir. If we had tighter fiscal policy, you would be correct, however we do not. The corporate and government debt that has been issued after 20 years of low rates will be a permanent drag on growth for the rest of my life. The should have never stopped raising and QT. Our curre...
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re: Trump hits Fed Rate again in this morning's twitter - wutangfinancial
I was the biggest Powell fan boi there was during Q4 2018. I thought we had a chariman who was finally going to put massive pressure on Congress to fix our spending addiction. But of course, he is as spineless as the previous. Of course I do not support a rate cut, it's almost numbing to think ab...
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re: Trump hits Fed Rate again in this morning's twitter - wutangfinancial
He's also using the Federal Reserve's definition of inflation. Which is what sheep use to guage inflation. They use their heuristics model which tells people that a 10" box television from the 80's is MORE valuable than a 60" 4K UHD LG :rotflmao:...
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re: Boomer males. - wutangfinancial
[quote]But we spoiled you brats by and large and look what a fricking mess you are making. [/quote] Millenial women are going to destroy this country's founding principles. They are driving the madness....
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re: Trump hits Fed Rate again in this morning's twitter - wutangfinancial
[quote]Plus we lower the rates while doing quanitative tightening??? What kind of monetary policy is that? [/quote] You should be asking yourself what retard came up with QE in the first place. They are going to inflate us to the moon with how dovish they are being. They are also going to monetiz...
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re: Elon Musk's Neuralink (Brain/Computer Interface) Presentation and Timeframe human trials - wutangfinancial
Does cutting the MSRP have an effect on resale value? I can't tell if you're trolling or not...
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re: Elon Musk's Neuralink (Brain/Computer Interface) Presentation and Timeframe human trials - wutangfinancial
You still haven't addressed that every single M3 owner just took a 10% haircut overnight on the value of their car. None of what you're saying will hold up over time. ...
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re: Elon Musk's Neuralink (Brain/Computer Interface) Presentation and Timeframe human trials - wutangfinancial
Model S sales are not growing and are getting canabalized by the 3 and the ASP is dropping significantly. It also doesn't drive the valuation in any meaningful way. So it makes a ton of sense. You're unhinged. You should buy up a few thousand shares and tell me how funny it is in 3 years. You're ...
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re: Elon Musk's Neuralink (Brain/Computer Interface) Presentation and Timeframe human trials - wutangfinancial
I can't remember but I'm guessing you provided a link about the S. I've already told you nobody cares about the S's resale value, they're decent cars. [quote]Says the guy who swears Teslas have horrible resale value and lose money on EVERY car they sell.[/quote] So you take Tesla's own gross m...
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