quote:

Originally posted by Mike Rietow:
I think they're gonna kick the can down the road some more with negative rates.

Negative interest rates is a polite term for a oligarchical looting operation, but it'll keep the potemkin village alive for a bit longer none the less.

You keep hearing the fed chair talking about instruments, if you listen. I think they have plenty of tricks left in their bag of instruments.

quote:

Originally posted by 442OLDS:
That meme just posted makes so much sense.I think there are some rough times ahead.Just today,I read a few articles as to the demand for freight and trucking is really dropping which almost always spells recession.
Lots of people have been living on easy street for quite awhile.
All these jobs and nobody wants to work will eventually change to no jobs and everybody looking for work.

quote:

Originally posted by Lenny5160:

quote:

Originally posted by 442OLDS:
That meme just posted makes so much sense.I think there are some rough times ahead.Just today,I read a few articles as to the demand for freight and trucking is really dropping which almost always spells recession.
Lots of people have been living on easy street for quite awhile.
All these jobs and nobody wants to work will eventually change to no jobs and everybody looking for work.

How can demand for freight and trucking be dropping when everyone is ordering online and relying on shipping?

In the industry my wife works in, IF they can manufacture enough of their product, they are having difficulty acquiring enough cardboard for packaging. And IF they manage to package the product, they can’t find anyone to haul it from the factories to the distribution centers.

quote:

Originally posted by 1320racer:
I work in Corporate America, I'm very happy and I also race more than the majority that post here. Life is good!

quote:

Originally posted by S/S Dart:
^^^^^^^
Agree....Dems can't afford a Recession before the
Mid Terms....Will do anything to avoid one...

quote:

But then I think,what do you see them doing?

quote:

Originally posted by Canted Valve:

quote:

But then I think,what do you see them doing?

They will continue to print money inflation be damned. They will continue to feed the war machine, covid and whatever other crisis they manufacture (oops, I already said print money).

quote:

Yea,they will cancel student debt.

Might as well cancel everyone's mortgage payment too.

quote:

Originally posted by Canted Valve:

quote:

Yea,they will cancel student debt.

Might as well cancel everyone's mortgage payment too.

Of course there is no such thing as "cancel", debt can only be transferred. Someone will absorb the debt. The government (taxpayer) will assume the debt and now we're full circle, print the money to cover it.