1. #1181
    Banned Fahrenheit's Avatar
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    Quote Originally Posted by Kokolums View Post
    ...the economy is blazing hot...
    Lol, 2% GDP is "blazing hot" now.

  2. #1182
    Quote Originally Posted by Fahrenheit View Post
    Lol, 2% GDP is "blazing hot" now.
    didn't you hear, all of a sudden GDP doesn't matter.....just like trillion dollar deficits, debt, so called "real unemployment numbers of 42%", transparency, healthcare plan, infrastructure, middle class tax cuts...etc etc etc

    /s

    - - - Updated - - -

    Quote Originally Posted by PC2 View Post
    Okay yes we should fix the loopholes, they certainly exist. I was only arguing about legitimate write-offs and deductions.
    Its the legitimate write offs that are the problem, since they were created by corporate lackeys to give huge benefits to corporations that the average individual tax payer would and could never get.

    could you imagine how many trillions less the individual tax payer would be paying each year if they had access to even 1/10th of the "legitimate write offs" corporations do?
    Whether SHE IS INDICTED OR EVEN GUILTY IT DOESNT MATTER. HER GUILT IS A MOOT POINT!!! - Fox News 2016
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  3. #1183
    These are the same morons who think that cutting SNAP wont have a ripple effect for the nations grocers whom without SNAP would have to cut staff period. Yes grocers getting less revenue will spark them to just hire more? The economy is not very strong given the not QE that the FED is calling their current QE says this enough, also if this economy was fantastic rates would be going closer to 5% not being dropped for 3 straight times. I am sure these same people would be taken to the cleaners on a MLM scheme.

  4. #1184
    Quote Originally Posted by jeezusisacasual View Post
    These are the same morons who think that cutting SNAP wont have a ripple effect for the nations grocers whom without SNAP would have to cut staff period. Yes grocers getting less revenue will spark them to just hire more? The economy is not very strong given the not QE that the FED is calling their current QE says this enough, also if this economy was fantastic rates would be going closer to 5% not being dropped for 3 straight times. I am sure these same people would be taken to the cleaners on a MLM scheme.
    I've invested in the markets since the 1980s. I've seen the market boom thru the 80s, the 90s, the 2000s, the 2010s. ALL the way up, every single year, people would cherry pick stats to argue the market is about to collapse when the market was clearly healthy and booming. They were all wrong.

    What makes you different?
    Quote Originally Posted by Kokolums View Post
    I want the ruins of K'aresh for 9.0 as I envision it as Netherstorm on steroids. A broken, shattered world. Eco-domes are stuck on various chunks to protect flora & fauna. I imagine a K'aresh ocean & maybe some islands contained in an eco dome or a snow-capped peak with some jungle valleys in another. Flesh version of Ethereals that never got altered. Space platforms as in Starcraft. Just a totally fantastic tileset & theme that I'd be very keen to explore. They could do some wild things.

  5. #1185
    Quote Originally Posted by Kokolums View Post
    I've invested in the markets since the 1980s. I've seen the market boom thru the 80s, the 90s, the 2000s, the 2010s. ALL the way up, every single year, people would cherry pick stats to argue the market is about to collapse when the market was clearly healthy and booming. They were all wrong.

    What makes you different?
    Probably because he is right? Something you can't claim to be.

  6. #1186
    Quote Originally Posted by Orbitus View Post
    Probably because he is right? Something you can't claim to be.
    Emotional responses like this are invalid and prove I am correct.
    Quote Originally Posted by Kokolums View Post
    I want the ruins of K'aresh for 9.0 as I envision it as Netherstorm on steroids. A broken, shattered world. Eco-domes are stuck on various chunks to protect flora & fauna. I imagine a K'aresh ocean & maybe some islands contained in an eco dome or a snow-capped peak with some jungle valleys in another. Flesh version of Ethereals that never got altered. Space platforms as in Starcraft. Just a totally fantastic tileset & theme that I'd be very keen to explore. They could do some wild things.

  7. #1187
    Quote Originally Posted by Kokolums View Post
    I've invested in the markets since the 1980s. I've seen the market boom thru the 80s, the 90s, the 2000s, the 2010s. ALL the way up, every single year, people would cherry pick stats to argue the market is about to collapse when the market was clearly healthy and booming. They were all wrong.

    What makes you different?
    Couldn't be because the numbers dropping everywhere for a while now thanks to Trump's decisions. Nope, that would be silly.

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  8. #1188
    Quote Originally Posted by Kokolums View Post
    Emotional responses like this are invalid and prove I am correct.
    Yeah, emotional responses about being right, LOL. Fucking hilarious.

  9. #1189
    Old God Vash The Stampede's Avatar
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    The banks have been given 3 trillion dollars from the Federal reverse since September and we're ignorant to this because nobody is talking about it. Essentially we're back to the housing crisis from 2008 except it isn't houses but banks getting free money that just got pumped into the economy that is surely going to devalue the dollar.


  10. #1190
    Quote Originally Posted by Kokolums View Post
    I've invested in the markets since the 1980s. I've seen the market boom thru the 80s, the 90s, the 2000s, the 2010s. ALL the way up, every single year, people would cherry pick stats to argue the market is about to collapse when the market was clearly healthy and booming. They were all wrong.

    What makes you different?
    Because the metrics for a healthy and stable economy would not have to introduce QE to begin with ( it was a response to the previous collapse ). Also as i have stated before that corporate debt will be the driver, the reason for this is due to how cheap money is currently. If the FED raised rates in this environment you would have a flush of corporations struggle to pay back their debt, the vast majority are extremely over leveraged which would mean that they would lose their credit standing. -BBB is the lowest one can be to be considered Investment grade, what happens when say 8-12% of the overall listed corporations are listed below that? It would trigger hysteria. I am very sure that alot of the listed companies are only listed as high as they are due to how interwoven they are to the stock market.

    That is the point, that Hysteria would trigger most of the algorithms to sell. Which would be a cascading effect on the way down which is another reason why the repo market madness that happened was so dangerous. It comes back to the reasoning that most listed corporations have problems with the current credit allotments they are stuck with. Also the FED lost control to work the market they own now over 4 Trillion in assets which would turn toxic if the credit ratings of those corporations ( in which the assets are apart of ) which would have a further crippling effect.

    This is why QT ( Quantitative Tightening ) is so hard to pull off. The overall markets around the world know how to manipulate the market to force the central banks buying more assets ( Look at Bank of Japan for example i could write paragraphs on this alone ). When i am telling my clients about moving money to safer assets its not timing the market, do not be so damn dense. Its due to expecting a slowdown without massive stimulus and more world wide easing ( which they are all tied together now so even if you want less globalism our financial markets will always be globalized ). This is the other aspect that i worry about is the lack of basic inflationary metrics, with all the money printing and outside of a few sectors we have next to no inflation ( The FED wants inflation to make the owned debt cheaper over the longer term ).

    I am no different to no one else in my field, i am protecting the people i work for and nothing more. If i am wrong guess what? I will still be trading and i will still get my bonuses and my salary because again if i could time the market i would be Miss Cleo and not some desk jockey.

  11. #1191
    Quote Originally Posted by Kokolums View Post
    I've invested in the markets since the 1980s. I've seen the market boom thru the 80s, the 90s, the 2000s, the 2010s. ALL the way up, every single year, people would cherry pick stats to argue the market is about to collapse when the market was clearly healthy and booming. They were all wrong.

    What makes you different?
    Funny you mentioned the 2000s. Wasn't that the decade where we had two recessions with combined 12 trillion in lost assets?

  12. #1192
    just gonna pop this in here \



    not that it matters because peoples quality of life hasnt increased as gdp increased and unemployment went down as 90% of the gains went to the top 0.01%
    Last edited by arandomuser; 2019-12-10 at 04:58 PM.

  13. #1193
    Our economy is screwy. The retail sector is shedding jobs like crazy. The only reason the unemployment numbers are not going up is because they are being absorbed by the warehouse industry. Another low paying sector.

    Not all retail segments are losing market share. There are now more dollar stores than McDonald’s and Starbucks combined. These stores are now killing local grocery stores that managed to survive Walmart and Amazon. The are replacing fresh produce with rows and rows of sugary drinks, candies, and processed foods high in salt and fat.

    High paying R&D jobs are limited to a few metro areas. Here is an interesting study from Brookings Institute.

    Regional divergence has reached extreme levels in the U.S. innovation sector. The innovation sector—composed of 13 of the nation’s highest-tech, highest R&D “advanced industries—contributes inordinately to regional and U.S. prosperity, and its diffusion into new places would greatly benefit the nation’s well-being. However, the sector has instead been concentrating in a short list of superstar metropolitan areas. Most notably, just five top innovation metro areas—Boston, San Francisco, San Jose, Seattle, and San Diego—accounted for more than 90% of the nation’s innovation-sector growth during the years 2005 to 2017. As such, they have increased their share of the nation’s total innovation employment from 17.6% to 22.8%. In contrast, the bottom 90% of metro areas (343 of them) lost share. As a result, fully one-third of the nation’s innovation jobs now reside in just 16 counties, and more than half are concentrated in 41 counties.

  14. #1194
    Quote Originally Posted by Rasulis View Post
    Our economy is screwy. The retail sector is shedding jobs like crazy. The only reason the unemployment numbers are not going up is because they are being absorbed by the warehouse industry. Another low paying sector.

    Not all retail segments are losing market share. There are now more dollar stores than McDonald’s and Starbucks combined. These stores are now killing local grocery stores that managed to survive Walmart and Amazon. The are replacing fresh produce with rows and rows of sugary drinks, candies, and processed foods high in salt and fat.

    High paying R&D jobs are limited to a few metro areas. Here is an interesting study from Brookings Institute.
    This is so very important. The amount of online traffic to retail outlets is still far below that of instore purchases which leads me to think that money is just not available to keep the retail economy moving forward. I am also very weary about the available credit to the majority of the movers of the economy ( Middle class and below ) which also helps my case over various corporations being over leveraged we are credit tapped out as a whole, the US for sure but i am willing to bet the majority of the western world.

    Also given the economic metrics we have been seeing makes me believe that a minor trade agreement before the end of the year or a restart of QE 4 by the FED and its partners ( excluding the Bank of Japan due to them owning so many assets now ). I think that the Trump administration will take that as a win assuming China wants on board but prepare for more Money Printing with next to no inflation.

    I also have a theory about how the FED and its partners have lost control on influencing inflation which is largely about it being in isolated hands not forcing market metrics to change and less about the overall dollar amount. I will go into detail more about this once i do a detailed write up over the coming weeks for the investment branch of the institution i work for .
    Last edited by jeezusisacasual; 2019-12-11 at 08:15 AM.

  15. #1195
    Well I guess we now know what goosed the economy and the gdp numbers way past expectations to a disappointing 2.1%.....and what are goosing the projected 4Q estimates.

    https://abcnews.go.com/US/wireStory/...ember-67665253
    https://www.foxbusiness.com/markets/...of-fiscal-year

    The Treasury Department reported Wednesday that the federal government took in $225 billion in tax and other revenue but spent a record $434 billion in November.

    So far this budget year, the government is running a deficit of $343 billion, up 12% from a year earlier.
    Outlays for military programs of the Department of Defense climbed 7 percent, or $8 billion


    The federal deficit was $587 billion when President Trump took office in January 2017, and had ballooned to $984 billion in 2019.


    343 billion dollars in two months...TWO....
    Trillion dollars? Hell we might hit 1.5 trillion.
    Whether SHE IS INDICTED OR EVEN GUILTY IT DOESNT MATTER. HER GUILT IS A MOOT POINT!!! - Fox News 2016
    You don’t have to be convicted of a crime to lose your job in this Constitutional Republic,” - Sen (r) Graham 1999

  16. #1196
    Quote Originally Posted by Zan15 View Post
    Well I guess we now know what goosed the economy and the gdp numbers way past expectations to a disappointing 2.1%.....and what are goosing the projected 4Q estimates.

    https://abcnews.go.com/US/wireStory/...ember-67665253
    https://www.foxbusiness.com/markets/...of-fiscal-year

    The Treasury Department reported Wednesday that the federal government took in $225 billion in tax and other revenue but spent a record $434 billion in November.

    So far this budget year, the government is running a deficit of $343 billion, up 12% from a year earlier.
    Outlays for military programs of the Department of Defense climbed 7 percent, or $8 billion


    The federal deficit was $587 billion when President Trump took office in January 2017, and had ballooned to $984 billion in 2019.


    343 billion dollars in two months...TWO....
    Trillion dollars? Hell we might hit 1.5 trillion.
    Lets imagine a world where the USD is not the worlds reserve currency and how long do you think this sort of fiscal stupidity would last?

  17. #1197
    Just had the biggest trucking company bankruptcy in history occur, and that's not accounting for the record number of bankruptcy occurring in that industry since the start of the year. But nope, Dow is hitting a record so everything is fine.

  18. #1198
    Quote Originally Posted by D Luniz View Post
    Just had the biggest trucking company bankruptcy in history occur, and that's not accounting for the record number of bankruptcy occurring in that industry since the start of the year. But nope, Dow is hitting a record so everything is fine.
    But everyone has stock and are just a few Dow attack points away from being a millionaire!

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  19. #1199
    Quote Originally Posted by D Luniz View Post
    Just had the biggest trucking company bankruptcy in history occur, and that's not accounting for the record number of bankruptcy occurring in that industry since the start of the year. But nope, Dow is hitting a record so everything is fine.
    Going to be a lot of trucking company bankruptcies in the future coming. You realize this industry is basically Blockbuster video in 2005 right now?

  20. #1200
    Quote Originally Posted by Jeezy911 View Post
    Going to be a lot of trucking company bankruptcies in the future coming. You realize this industry is basically Blockbuster video in 2005 right now?
    I know what kinda poster you really are but that aside....

    The trucking companies aren't going the way of blockbuster until they are forced to actually pay the full cost of the damage their vehicles are doing to the roads. Its the truckers themselves who are going the way of blockbuster, the trucks themselves will just keep on trucking without them.
    Since we can't call out Trolls and Bad Faith posters and the Ignore function doesn't actually ignore it. Add
    "mmo-champion.com##li.postbitignored"
    to your ublock or adblock filter to actually ignore ignored posters. Now just need a way to ignore responses to them as well.

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