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#998213 - 12/06/18 11:34 AM Re: The DOW today... [Re: ]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 17149
Loc: SE Olympia, WA
Originally Posted By: Hankster
Originally Posted By: Dan S.
No it didn't, liar.

My mistake.

It only went up from $11.5 Trillion to $20 Trillion. Those tax hikes really paid off, donchathink?

Preznint Jugears debt - Good

President Trump debt - Bad

ORANGE MAN BAD!!!


How was the economy when Obama took office?

How was the economy when Trump took office?

That's what I thought.

STFU, stupid, and go eat some paste.
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

Top
#998214 - 12/06/18 11:35 AM Re: The DOW today... [Re: Todd]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 17149
Loc: SE Olympia, WA
Hank, you're a liar and a retard.
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

Top
#998217 - 12/06/18 11:56 AM Re: The DOW today... [Re: ]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 17149
Loc: SE Olympia, WA
Originally Posted By: Hankster
Originally Posted By: Dan S.

How was the economy when Trump took office?

Sputtering along at an average of 2% growth cuz "that's the new normal".


So growing? Not in the middle of the biggest recession since the depression?
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

Top
#998281 - 12/06/18 09:29 PM Re: The DOW today... [Re: Todd]
RICH G
Unregistered


Its over....

The bond yield curve inverted on Tuesday which is the same event which precipitated the 2008 crash.

When the bond yield inverts it means short term bonds yield a higher return than long term bonds, its "bass ackwards" from the natural flow of things and is a sign of a crisis ahead. Its because there is no confidence in long term equities..... It means things are about to get really bad and quick, the bubbles will start popping soon and the market will be on a downward plunge soon enough.

Why do you think the bottom is dropping out the bottom of oil? its because the dollar is valued in oil, and now we have an inverted yield curve, which makes the dollar spike in value until people start cashing them in. That is, for the high return on short term bonds for the larger yield at a certain point critical mass will plunge the dollar into a death spiral and that's when hyper inflation hits.


Edited by RICH G (12/06/18 09:29 PM)

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#998290 - 12/07/18 07:42 AM Re: The DOW today... [Re: Todd]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 17149
Loc: SE Olympia, WA
Rich is an economist now.
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

Top
#998293 - 12/07/18 08:38 AM Re: The DOW today... [Re: Dan S.]
snit Offline
Three Time Spawner

Registered: 03/08/99
Posts: 1844
Loc: Wenatchee, WA
Originally Posted By: Dan S.
Rich is an economist now.

Yeah, I was thinking the same thing as I read his post?

Hmm..this sounds familiar because I read it on a website, nice c/p!
_________________________
..."the clock looked at me just like the devil in disguise"...

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#998303 - 12/07/18 09:41 AM Re: The DOW today... [Re: snit]
vapidangler
Unregistered


Weird thread.

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