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DOW Down 900 Points

schism666 said:
you can spend a month here being entertained by these economic innumerates.

aj, ish, vetteman (dba rightguide) et.al really exposed their collective dumbfuckery.

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

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My all-favorite was AJ solemnly announcing he was liquidating his entire portfolio of stocks 'n bonds the day after the Negro president was elected, because the end times were upon us. He said he'd be 100% invested in gold bars only.

Flash-forward eight years, and AJ is cackling about what a good stock-picker he is, his stock portfolio had outperformed the market during the entirety of the Obama administration.

I immediately called him out...."whatever happened to your '100% Gold' position?" (knowing damned well gold bars hadn't kept up with the market).

Much tap dancing immediately ensued....ultimately AJ said his investment advice was "advisory only" back in January 2009....a classic case of "do as I say, not as I do".

AJ (now d/b/a as "JoePepsiCo") is the gift that keeps on giving. I've noticed our longtime "situational Native American" has been vewwy vewwy quiet about all this brouhaha about Kamala Harris being biracial.
 
RobDownSouth said:
The President does not control the stock market. In addition, the President also does not control the Federal Reserve interest rate or the actions of the government in Gaza.

MAGA know-nothings have accused President Joe Biden of controlling all three of the above.
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This whole market disaster and inflation was caused by Biden's masturbatory spending frenzy.
 
RobDownSouth said:
My all-favorite was AJ solemnly announcing he was liquidating his entire portfolio of stocks 'n bonds the day after the Negro president was elected, because the end times were upon us. He said he'd be 100% invested in gold bars only.

Flash-forward eight years, and AJ is cackling about what a good stock-picker he is, his stock portfolio had outperformed the market during the entirety of the Obama administration.

I immediately called him out...."whatever happened to your '100% Gold' position?" (knowing damned well gold bars hadn't kept up with the market).

Much tap dancing immediately ensued....ultimately AJ said his investment advice was "advisory only" back in January 2009....a classic case of "do as I say, not as I do".

AJ (now d/b/a as "JoePepsiCo") is the gift that keeps on giving. I've noticed our longtime "situational Native American" has been vewwy vewwy quiet about all this brouhaha about Kamala Harris being biracial.
Click to expand...
She was the first Indian-American Senator before switching to the first black Vice President.
 
Chernosoth said:
The stock market will eventually crash, and then continue crashing, until there's no market left. That last crash could be decades ahead or sooner. I will stock up on popcorn.
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Another cherno classic! I love it! :love:
Beautiful! Amazing! Poetry! :kiss::rose::heart:
I will always, always have your back cherno! Bring it you filthy libbers! Shut yer pie holes cons!
This wasn't a post - it was an epic journey! TY, sir! Muah!
 
Chernosoth said:
The stock market will eventually crash, and then continue crashing, until there's no market left. That last crash could be decades ahead or sooner. I will stock up on popcorn.
Click to expand...
Doooooooooooooooooooooom!
Gloooooooooooooooooooooom!
o_O
 
Chernosoth said:
The stock market will eventually crash, and then continue crashing, until there's no market left. That last crash could be decades ahead or sooner. I will stock up on popcorn.
Click to expand...
RobDownSouth said:
Doooooooooooooooooooooom!
Gloooooooooooooooooooooom!
o_O
Click to expand...

Cherno? I want you to know that all of our greatest ones were mocked in the era they lived. Mozart. Jesus. David Blaine.
You're doing something special here. Ignore the naysayers because I'm here for it and all you have to say. :love:
 
Bn2f said:
Cherno? I want you to know that all of our greatest ones were mocked in the era they lived. Mozart. Jesus. David Blaine.
You're doing something special here. Ignore the naysayers because I'm here for it and all you have to say. :love:
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That's right, Guvner....keep those "doom 'n gloom" predictions coming!
 
One analysis I heard this morning talked about Starbucks/McDonalds/Tiffanys as the new "canaries in the coal mine"

Starbucks is still charging premium prices for coffee, but pushing people toward the lower cost drive-thru, which takes away from the "Starbucks ambiance" of going in, sitting down with a brew, and wasting 2 hours on free wifi. People have begun saying "I'm paying 5 bucks plus for something I can make in a Keurig for less than a dollar?" Analysts also pointed out that Starbucks recent push to lavender-flavored coffees and froo-froo super-premium lemonades was a flop.

McDonalds has been stung by Right Wing Agitprop and Hand-wringing over the cost of a meal in select markets reaching 12 dollars (!!!!) It's happening in very few high-cost markets (like airports), but it has caused America to really question the fast-food value they are getting. McDonalds growth has really slowed down. Credit to Mickey D's, though, they immediately came out with a $5 value meal last month and traffic is way up as a result (one month was not enough to cover a three month decline though)

Tiffany's is what scared analysts the most. High end luxury goods, the mainstays of rappers and bitcoin bros, actually dipped for the first time in forever last quarter. Analysts have said that if High end luxury goods demand falls, America is fucked and we're very close to rioting in the streets and/or cannibalism
 
RobDownSouth said:
Still having trouble coming to grips with the term "biracial". This is what, day six?
Hopefully your biracial buddy JoePepsiCo can show up and help you with your lack of comprehension.
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I'm not familiar with the race of anyone here, nor do I care.
 
ll74 said:
Did Reichy ever tell us why Harris made the stock market drop?
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She didn't have anything to do with it. It was Joe Biden's policies that have harmed the economy and driven up the debt to unsustainable levels. Harris has been AWOL as far as her official duties go. For most of her public life she's been promoting communist policy goals and authoritarian government.
 
Rightguide said:
She didn't have anything to do with it. It was Joe Biden's policies that have harmed the economy and driven up the debt to unsustainable levels. Harris has been AWOL as far as her official duties go. For most of her public life she's been promoting communist policy goals and authoritarian government.
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So his policies directly led to the days performance. Does that also mean that he is responsible when the dow gains 900 pts in a day?
 
Rightguide said:
She didn't have anything to do with it. It was Joe Biden's policies that have harmed the economy and driven up the debt to unsustainable levels. Harris has been AWOL as far as her official duties go. For most of her public life she's been promoting communist policy goals and authoritarian government.
Click to expand...

DeluxAuto said:
Name one President Biden policy that is responsible for this. Just one.
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