What happened to all of the doom and gloom economic threads?

Status
Not open for further replies.
Wow, the stock market was up 4% yesterday, the biggest single day gain since March 2009, and nary a peep from the usual doom-n-gloomers in this thread.

Of course, the "usual suspects" would rather ass-rape their children on live TV than admit to positive economic news occuring whilst a Democrat lives in the White House.

That's how they roll.
 
Wow, the stock market was up 4% yesterday, the biggest single day gain since March 2009, and nary a peep from the usual doom-n-gloomers in this thread.

Of course, the "usual suspects" would rather ass-rape their children on live TV than admit to positive economic news occuring whilst a Democrat lives in the White House.

That's how they roll.



They've all got their money invested in gold, just like their handlers told them to do.
 
It needs to be seen in context. The DOW isn't the U.S. economy, over 400,000 jobless claims this week, despite the Fed inflating our dollar in order to bail out Euro banks. The move by the Fed yesterday did nothing to address the fundamental problem in Europe, which is their inability to live up to their financial responsibilities. This was strictly another bank bailout applauded by investors here, as we saw yesterday. Let's see what happens with the German and Italian bond sales.

Will you please repeat the bolded part the next time the market is going down?

Show this inflation while your at it. Everything seems to be the same price and I'd be willing to bet on it being roughly the same price in six months can you at least set a date for when this inflation will happen? Inflation doesn't work the way you pretend it does. Inflation is (to over simplify) too many dollars chasing too few goods. Right now people are struggling to make ends meet. The new dollars (that aren't even really being put in the economy to begin with) would no more cause inflation than do food stamps.

I haven't looked into the jobless claims this month yet and frankly I think it's both pointless as nobody has accurate numbers and it almost always gets revised a week later anyway. Still jobless numbers in this country are ultimately going to continue to rise unless we make some very drastic changes that nobody is going to do until we hit rock bottom.
 
It needs to be seen in context. The DOW isn't the U.S. economy, over 400,000 jobless claims this week, despite the Fed inflating our dollar in order to bail out Euro banks. The move by the Fed yesterday did nothing to address the fundamental problem in Europe, which is their inability to live up to their financial responsibilities. This was strictly another bank bailout applauded by investors here, as we saw yesterday. Let's see what happens with the German and Italian bond sales.

What?
 
Maybe you are thinking the Fed is printing more dollars... but that would DEflate the value of the dollar, not INflate it. But that's not what they are doing any way...


This one is a real head scratcher.
 
Maybe you are thinking the Fed is printing more dollars... but that would DEflate the value of the dollar, not INflate it. But that's not what they are doing any way...


This one is a real head scratcher.

what they are (trying to do) doing is flood teh mkts with $$$ in teh hopes all the $$$ will chase assets, stocks, commodities, and all those that make teh $$ there will BUY STUFF/SPEND and help teh economy.....it works to a certain extent

in fact, despite NIGGER screaming about MILLION AIRS and BILLION AIRS, the WS gang have made MORE $$$ past 2 yrs than entire 8 yrs under Bush
 
what they are (trying to do) doing is flood teh mkts with $$$ in teh hopes all the $$$ will chase assets, stocks, commodities, and all those that make teh $$ there will BUY STUFF/SPEND and help teh economy.....it works to a certain extent

in fact, despite NIGGER screaming about MILLION AIRS and BILLION AIRS, the WS gang have made MORE $$$ past 2 yrs than entire 8 yrs under Bush

So they are inflating the dollar?
 
what they are (trying to do) doing is flood teh mkts with $$$ in teh hopes all the $$$ will chase assets, stocks, commodities, and all those that make teh $$ there will BUY STUFF/SPEND and help teh economy.....it works to a certain extent

in fact, despite NIGGER screaming about MILLION AIRS and BILLION AIRS, the WS gang have made MORE $$$ past 2 yrs than entire 8 yrs under Bush

Yeps, the banks are no longer required to carry large reserves. That won't be a problem in the future.:cool:
 
It needs to be seen in context. The DOW isn't the U.S. economy, over 400,000 jobless claims this week, despite the Fed inflating our dollar in order to bail out Euro banks. The move by the Fed yesterday did nothing to address the fundamental problem in Europe, which is their inability to live up to their financial responsibilities. This was strictly another bank bailout applauded by investors here, as we saw yesterday. Let's see what happens with the German and Italian bond sales.

Context, eh? Alrighty, let's play that game. Take a gander at the numbers HERE, it has a breakdown of which industries are adding jobs and which are shedding them. It's an enlightening read!

It seems that professional white collar jobs are on a distinct upswing in virtually all industries except financial services. Manufacturing jobs are essentially flat. Construction jobs, particularly non-residential construction, are down a bit.

Government jobs, by contrast, are hemorraghing people. Federal, state, and local governments are downsizing and have added quite a bit to unemployment.

Let's be honest here, if there was a Republican in the White House and private jobs were up and government jobs were down, you'd be calling this an enormous success.

....but there isn't, so you won't. ;)

p.s. when did you start caring about the European economy, and why should the Fed stabilize it?
 
You could have just agreed with me.

The Fed lowered the swap rate to the ECB from 1% to .5%. That's it.

BTW, ShitterSavage

if teh rate were MEANINGFUL

the LOW MTG RATES would have HOUSING BOOM

instead, teh low rates act as an INHIBITING factor

dont argue ECONOMICS with me

:D
 
Status
Not open for further replies.
Back
Top