Where are all the recession threads?

[WuWei]

@thinkingman

University College London professor Alex Bryson.

Oooh! A Brit! Double yummy expert!

[zantax]

@Guntsu

Also stock investing is easier then ever with the advent of disrupters like Robinhood and now there are zero trading fees everywhere.

As a result the amount of retail investors that got into the market during Covid was huge and those folks also benefited handsomely.

The trend will continue

So huge.

The wealthiest 10% of Americans own a record 89% of all U.S. stocks

The wealthiest 10% of Americans own a record 89% of all U.S. stocks

Thanks though. Keep the gravy coming, tastes great.

[tnt]

@WuWei

There is nothing simple about a debt-based, managed economy.

The definition of ‘recession’ is simple.

[Guntsu]

@zantax

The wealthiest 10% of Americans own a record 89% of all U.S. stocks

Thanks though. Keep the gravy coming, tastes great.

what a silly way to look at it…of course the rich own most of the stocks they own most of everything…

Does not change the fact that trading stocks is easier then ever before along with Crypto and retail investors saw a huge increase and there is no indication this will slow down and those that went into the market benefited greatly

[thinkingman]

@WuWei

@thinkingman

University College London professor Alex Bryson.

Oooh! A Brit! Double yummy expert!

if only he wrote for the Economist!

[Tom_Ch]

@tnt

@WuWei

There is nothing simple about a debt-based, managed economy.

The definition of ‘recession’ is simple.

What is the definition of debt? who came up with it?

[zantax]

@Tom_Ch

@tnt

@WuWei

There is nothing simple about a debt-based, managed economy.

The definition of ‘recession’ is simple.

What is the definition of debt? who came up with it?

Early hominids I imagine.

[zantax]

Scratch that, primates.

Queensborough Community College

Other primates also have a sense of reciprocity and fairness. They remember who did them favors and who did them wrong. Chimps are more likely to share food with those who have groomed them. Capuchin monkeys show their displeasure if given a smaller reward than a partner receives for performing the same task, like a piece of cucumber instead of a grape.

[tnt]

@zantax

Early hominids I imagine.

Pfft…"experts’…

[zantax]

@tnt

@zantax

Early hominids I imagine.

Pfft…"experts’…

Also corroborated by personal observation, both on film and in person at zoos. You owe me, seems to be universal among primates.

[Rurudyne]

When it comes to spending our government has gone to plaid and any stop lever, at least at this point, is like the self destruct cancellation button on Spaceballs 1.

Spaceballs: Even in the future nothing works!

[tnt]

@zantax

Also corroborated by personal observation, both on film and in person at zoos. You owe me, seems to be universal among primates.

(I was really just poking fun at forum members who scoff at anyone claiming to be able to define anything.)

[Rurudyne]

You should post the chimp scene in South Park where they give the monkey lots of cash. I always especially enjoyed the rich chimp apologizing on his talk show.

[coolidge]

@Borgia_dude

10 months ago my industry was in the midst of massive layoffs.

Today they are hiring. My company brought back the 401k match which they had suspended and is talking about raises next year.

So yes, I’m better off.

Great so you like paying more at the pump and in grocery stores? Good to know

[coolidge]

@Guntsu

@zantax

The wealthiest 10% of Americans own a record 89% of all U.S. stocks

Thanks though. Keep the gravy coming, tastes great.

what a silly way to look at it…of course the rich own most of the stocks they own most of everything…

Does not change the fact that trading stocks is easier then ever before along with Crypto and retail investors saw a huge increase and there is no indication this will slow down and those that went into the market benefited greatly

This was said right before the 29 market crash. Maybe we are witnessing history repeat itself?

[WuWei]

With a shut down and face diapers. Now you will claim a counterfactual.

[tnt]

Yes. What would it have been if we didn’t ■■■■ down?

Trump claimed it would be a million.

[JimmyC]

Maybe this year David Blanchflower will be right

[WuWei]

@tnt

Yes. What would it have been if we didn’t ■■■■ down?

Trump claimed it would be a million.

And there it is.

@WuWei

Now you will claim a counterfactual.

[Ceasar]

@Guntsu

What’s crazy is that people keep spending money, corporate earnings were also solid.

Folks spend money when they feel confident

I think a lot of people are getting rid of their cash, putting it into tangible assets, like real estate, metals, & things that will hedge inflation. I think that is driving much of the real estate sales, plus fleeing the cities. Rural land is selling like crazy.