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1 posted on 09/06/2022 8:00:37 AM PDT by george76
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To: george76

Bookmarking for later read.


2 posted on 09/06/2022 8:01:33 AM PDT by Fury
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To: george76

Build back better?


3 posted on 09/06/2022 8:06:51 AM PDT by Phoenix8
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To: george76

Did the single mother of 5 have a body covered in tattoos?


4 posted on 09/06/2022 8:06:58 AM PDT by Fai Mao (Stop feeding the beast, and steal its food!)
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To: george76

I’m not saying he may not be right, but the prediction is also the name of the website.


5 posted on 09/06/2022 8:08:39 AM PDT by aynrandfreak (Being a Democrat means never having to say you're sorry)
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To: george76

And yet, there will still be morons who will vote for the Dems.


6 posted on 09/06/2022 8:12:57 AM PDT by Signalman
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To: george76

Plenty of economic disaster porn on the internet, as usual. Most of these predictions will become reality, eventually.


7 posted on 09/06/2022 8:13:10 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: george76

Butt, butt, butt we keep seeing demokkkommie ads here in NevaDUH claiming we’re #1 in economic momentum. Whatever that’s supposed to mean. Sadly a lot of folks are all “awesome!”. Dumbassery abounds. And some banners locally indicate “biden/sisolak 2022!”. SMDH


8 posted on 09/06/2022 8:13:16 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? šŸ˜•)
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To: george76

Looks like those “help wanted” signs that you see in every shop and eatery will soon vanish.


9 posted on 09/06/2022 8:14:51 AM PDT by Fiji Hill
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To: george76

My opinion and best guess is no better than that of anyone else and we have been treated to predictions of doom for a long time, but my gut is telling me the day of reckoning is here.

The fundamental numbers are really bad and we have NEVER had this amount of debt as a nation at all levels.


10 posted on 09/06/2022 8:14:58 AM PDT by volunbeer (Find the truth and accept it - anything else is delusional)
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To: george76

Left Wing economists were all over the news on Friday talking about how strong the Economy was and that GDP number for Q3 will be positive 1.5%


12 posted on 09/06/2022 8:20:20 AM PDT by EC Washington
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To: george76

Just in time for the mid-term elections? Of course the biggest thing on Biden’s mind is Trump and his MAGA supporters. Anything else is of little consequence.


13 posted on 09/06/2022 8:20:48 AM PDT by Parley Baer (WI)
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To: george76

we did not have backpacks while going to school! They were for camping only. Only a few had bookbags.


14 posted on 09/06/2022 8:26:19 AM PDT by jimfr
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To: george76

Those responsible citizens who have saved, got up each morning and continued to work instead of accepting gubment cash to stay home and generally have their finances in order can weather the storm.

It’s the ones who took freebees every chance they got, stayed home for the past two years, and to did not care to save a dime who are really going to feel the pain of what is coming.


15 posted on 09/06/2022 8:28:00 AM PDT by CodeJockey ("The duty of a patriot is to protect his country from its government.ā€ ā€“ Edward Abbey)
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To: george76

>>It appears that Arnal was involved in a ā€œpump and dumpā€ scheme,”<<


I think they mean “pump and jump”.


17 posted on 09/06/2022 8:39:30 AM PDT by Ken H (Trump /DeSantis)
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To: george76

Dr. Michael Burry of Big Short fame is predicting a crash.


19 posted on 09/06/2022 9:14:19 AM PDT by Starboard
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To: george76

Oh for crying out loud! Theyā€™ve been screaming depression recession and the economy is in the cusp of breakingā€¦blah blah blahā€¦ for what a year now and Iā€™m still donā€™t see it! Itā€™s getting old and boring! I want to see action I want that damn communist left wing fascist party to go down in flames! But apparently Wall Street and the fake news are keeping those bastards afloat. Then Iā€™m hearing gobs and gobs of money from silicon Valley are going towards Hitlerā€™s Gestapo candidates. This is truly a Do or Die situation in November! California can have all the blackouts across the nation in record numbers and suffer at the hands of those evil communists and they still win elections. Why because the people donā€™t bother to vote in droves to out number the fraud that goes on in that state!


20 posted on 09/06/2022 9:18:07 AM PDT by RoseofTexas
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To: george76

“But for most people, the times that we are moving into will not be fun at all.”

Well having grown up in the late 1950s and 60s the last 65 years have been fantastic. Color TV, air conditioning, clean water, no polio, moon landing, vacation and leisure time. Heady times indeed.


24 posted on 09/06/2022 9:34:41 AM PDT by Jolla
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To: george76

#2 According to John Williams of shadowstats.com, if honest numbers were being used the real rate of unemployment in the United States would be over 24 percent.

I would like to see how that 24 percent is calculated. It is just as off as the 3.7 I would bet. Groups you can’t count in the number. Retired no matter what their age. Homeless. Many of the homeless are there because of drugs and mental illness. Neither group are particularly employable.


31 posted on 09/06/2022 9:58:39 AM PDT by pas
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To: george76

Before Covid I paid $23.60 for a 4x8 piece of 26 gauge sheetmetal to make fittings for residential ducting. At the height of the inflation it went up to $54 and now it is back down to $34.


57 posted on 09/06/2022 4:10:37 PM PDT by Sawdring
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To: george76
Mike Wilson Sees Stocks Tumbling To 3,400 In 3 Months, Slashes S&P EPS Forecasts As ā€œFire & Iceā€ Shifts Into High Gear

Tyler Durdenā€™s Photo
BY TYLER DURDEN

TUESDAY, SEP 06, 2022 - 08:20 PM
Over the weekend, in Morgan Stanley's Sunday Start note, the bank's in-house permabear Mike Wilson, previewed the topic of his weekly fire and brimstone sermon, which ironically was fire and ice, part 2, and his justification for why stocks are going far lower: his view that ā€œthis this time the decline in stocks will come mostly via lower earnings (and a higher equity risk premium) rather than higher ratesā€ adding that the bank's leading earnings models are all flashing red for the S&P 500, ā€œand we have high confidence that the decline in NTM S&P 500 EPS forecasts is far from over.ā€

Well, judging by today's aggressive ERP expansion which saw all asset slump, Wilson was right again (and as usual miles ahead of the consensus). But just so Wall Street is up to speed with his latest worldview, Wilson spends much of his latest weekly note laying out his new concept, writing that while ā€œfire and Iceā€ - Wilson's framework which defined much of the past year - has proven to be an effective way to describe the first half of this year - as Fed tightening in response to historically high inflation, the Fire, has weighed heavily on valuations for all asset markets while growth has also disappointed...the Ice - he writes that ā€œpart 2 will turn out to be more Icy than Fiery as slowing growth becomes the bigger concern for stocks, rather than inflation and the Fed.ā€

Here are some more details on how Wilson sees the transition from part 1 to part 2 of ā€œfire and iceā€:

...

https://www.zerohedge.com/markets/mike-wilson-sees-stocks-tumbling-3400-3-months-slashes-sp-eps-forecasts-fire-ice-shifts

60 posted on 09/06/2022 7:16:19 PM PDT by Jane Long (What we were told was a ā€œconspiracy theoryā€ in 2020 is now fact. šŸ™šŸ» Ps 33:12)
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