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Fuck all my shit is in the Red, but I keep gambling on my Farms and Pools.
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Joe Biden and Stagflation 2.0
I wonder how many here remember that time.
Dreadful.
Economists are talking about it.
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The effect (and perhaps goal) of the equity movement is to bring everyone down to the same low level. Pretty soon we'll all be poor, homeless and illiterate in the name of equity. Except, of course, corrupt government officials and oligarchs. Like the great communist nation of Russia. Like Marx said: "From each according to his ability to a few according to their greed." (Or should have said.)
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^^^
Wow, relax zero network ChilliHedonist.
Go get laid, that's what the site is for, at the hate and anger you are espousing, you are going to blow an artery
Leave the commentary to those that have actually been with a woman.
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Hey Remo, chillhed is right. Let the man speak on it.
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The beginning of the red wave...
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Inflation in 1982 was at 6.16%, unemployment was over 10%, mortgage interest payments spiked into double digits, and as of February 22 the market had been dropping for 451 days. Volcker raised the federal funds rate to 20% and the Volcker bear market began.
All of which is to say that economics is not a one man game except to single brain cell organisms like Goebbels. It is a confluence of disparate and often unavoidable influences and origins.
1982 was not Reagans fault anymore than the global inflation, post pandemic, European war and energy crisis, international supply chain disruption is Bidens fault.
If you are too stupid to know that then you are too stupid to be playing the market. But I will throw you a bone. Stay invested. Even in Volckers disaster it was better to get in a year too early than a month too late.
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^ read that post understand it and do a little reading abbout how we arrested inflation then realize Hey1isamoron offers no opinion of other ways to wrest control of inflation. That's the only way .... Volcker bit the bullett and it worked. The same thing will happen after the current admin of idiots is voted out. Why? ITS THE ONLY WAY.
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Regardless of what HeyMyAssIsOpenForBusiness posts
This will forever be known as the Biden economy
Crushing the poor and the billionaire alike
Biden is the only prez that could make Jimmy Carter look like a genius.
All we needed was a placeholder for 4 years that wasn't Trump.
Instead we got a guy who started at 100 IQ then lost 50 points in the last few years
He's a shit sandwich with a side order of extra shit and a shit cola.
Plus a banana shit sundae.
Like Custer said in Little Big Man
Biden is a reverse barometer and will always make the exact opposite of the correct decision
He literally can't help himself from going 180 degrees wrong.
Biden will single handedly destroy the Dems in November
Trying to break Obama's record on lost House seats
You fucking Progs better write your Congressman before they lose their job. ).gif)
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On another note, just voted Democrat for Governor
And it wasn't Warden Newsome, the shit eating muppet fuck sack of cunt hairs
It's Michael Shellenberger
Read his book, check him out
By the way, you guys in LA going for the white billionare or the black chick?
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I'm sure the current state of our economy has nothing to do with the Trump admin's panicked response to their negligence of the pandemic by just printing more money and giving it out to the country.
Surely, it couldn't be that.
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Oh yeah, that fat white fuck ran up $9 trillion in 4 years
But Biden will catch all the shit cause it's going to hell on his watch
Isn't that how it works?
Biden added a few more trillion in one year then went for his great plan "Go Broke Faster".
Got stuffed by Manchin but still has a vision for some nice stagflation with a possible default.
Let's go Brandon!
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Alex was right again 
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Goddammit chill, stop trying to make sense. These fuckwads can't understand the language you speak.
It's called Generation Stuck On Stupid.
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President’s have zero impact on the Stock Market - which is why it was hysterical when Trump took all the credit for the good days - and blamed someone else for the bad days!
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Elon musk has more power to influence the market than Biden, in terms of tweets.
Biden may move levers in the Federal resources available, but actually “steering” the market is difficult for any POTUS.
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I can provide 1 great example of presidential influence on the stock market. Limit the ability for energy resource exploration and drilling in the US. Ruminate on that ... like Hey1mshittinghere in the men's room savoring his own brand.
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Mussolini is so spot on. And I thought no one else would notice. That gloating son of a bitch.
That is what turned me against Trump, that and the envy he had for dictators. I so badly wanted to see his head explode from a well placed 50 cal.
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mcflyHH, can you please tell me, exactly who is stalking who.
I should of never answered your ad.
Ladies, do not see this guy. He gave me herpes. He let me hit it raw dog, and now I have to take Valtrex for the rest of my life.
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Surely, it couldn't be that.
Wait what???
So Trump spending is irresponsible but Biden spending isn't?
Please expand on this line of thinking... we need to be edjumicated on the complexities how Joe's policies have been nothing but a correction it would have been so much worse had he not been elected cus the economy was just fine up until about July of last year when Bidens policies were taking hold.
I'm sorry but any attempt even the jobs market to prop up anything this fool has done is utter bullshit. And quite honestly I don't believe it's Joe... its RonKlain and other puppet masters that NO ONE voted for.
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Shellenberger ran for governor in 2018 and received .5% of the vote, probably because he says things like this:
As for nuclear waste, it is the best and safest kind of waste produced from electricity production. It has never hurt anyone and there is no reason to think it ever will.
So....yeah. Great choice Goebbels, keep going with that bitter nihilism schtick of yours. One day you will find your prince with so much to offer.
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HeyIQof1
Shellenberger is correct, nuke power being the safest and most efficient non-carbon electrical power source on this planet. Which path works best? France has almost 60 nukes providing 70% of their power and no problems for 40 years. Meanwhile, Germany shuttered theirs and is trying to power a modern industrial economy with "green power", which in their latitude is only 12% efficient. Meanwhile they import natural gas, oil, etc from Russia......how's that working out these days?
Realizing that facts and evidence are foreign to you, here's something for you to read.
Can you read?
"How the World Really Works" by Vaclav Smil
"He's a slayer of bullshit," says David Keith, an energy and climate scientist at Harvard University.
I've made it easy by linking Smil's credentials
Educate yourself just this one time, then come back for something you've never experienced.
An intellectual conversation.
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"Elon musk has more power to influence the market than Biden, in terms of tweets."
That may be your dumbest post since the post before it, Gloomy!
Inflation, Energy Policy, Iran nuke deal........the list of poor policy choices is endless with this guy.
Biden's inflation causing Powell to take the punch bowl away has wiped out trillions of dollars of wealth from crypto, stocks, bonds and next will be real estate. We have $6 gas because Joe thinks carbon = fentanyl.
Is it a shock that Putin recognized Biden for the worthless dusty dried up old mentally deficient cunt that he is and decided to invade? He's been making noises ever since the USSR collapsed but invasion happened on Joe's watch cause hes seen as a feckless low IQ lightweight.
Which is an insult to all feckless low IQ lightweights.
My apologies to you all that self identify as such.
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Prepare for the return of Perfect-Circle! It is imminent!
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I think it’s just the economy stabilizing it can’t keep going up forever and we have to pay back that stimulus we got not sure why that was even given out most of it went to corporate welfare.
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"corporate welfare", lol
Crypto and Robinhood accounts is where it went
Now all the hot air is coming out
OK everyone, say it loud, say it proud
The Biden Economy and The Biden Stock Market
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Biden’s made me into an oil tycoon. Every time he speaks I make money and my oil profits are international so his windfall profit tax hopes have zero effect on me.
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Perfect-Circle and his Micropeen have made a small fortune in ABT stock. Be prepared, as the re-birth of PC2 could come any day now.
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Some actions that have way more influence on today’s economy and stock market than anything you knuckleheads can muster about Biden’s policies.
2017-2020
- Trump and GOP giving the rich huge tax cuts.
- COVID spending in the hundreds of billions to keep the country afloat.
- Fed keeping interest rates near 0%
Geezes I wonder how inflation got out of hand?
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Your problem Goebbels is that you have the arrested intellect of a prepubescent child who blames problems on the nearest and most tangible entity available to his limited imagination. A mentally healthy adult mind is able to formulate abstract concepts which accommodate complex problems with myriad origins, such as global inflation.
I do not know why this happened to you except perhaps an uncle or something touched you in your special place at a young age. But that was then and this is now. You can not forever blame a priapic pederast relative for your intellectual deficiency. This is now all on you. Man up and do something about it.
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There is nothing anyone can do for someone who doesn't recognize the cost of energy is directly tied to inflation. If you cannot understand that even the slightest increase in your electric bill due to the cost of acquiring the resource that facilitates whether it be a solar panel or a barrel of oil make it more expensive to produce market and distribute a product then you are dumber than dumb, more stupid than stupid and cra cra to the point that your value as a member of the human race needs to be re-evaluated. Good news though ... the government is probably working on a process to determine just that.
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^ Republican
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Libtards don't understand economics
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- Trump and GOP giving the rich huge tax cuts.
Ok, I will try again. What is a 'fair share' of taxes being paid by the 'rich'.'? I can never get an answer from the left leaning folks. Just pay more is the response.
According to IRS data, the top 1% makes 21% of the earned income, but pay 40% of the taxes.
The top 5% make 37% of the income and pay 60% of the taxes.
Top 10% of wage earners pay 71% of the total taxes.
The bottom 50% make 12% of the earned income and pay 3% of the taxes.
Are people just jealous that those folks make so much money? Of course, I bet if you were in the top 1% you might feel that you already pay your fair share.
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All I hear is a lot of cope and a record low turnout for Democrats.
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whenever i hear that...i know the person saying it has no idea WTF they're talking about
definitely leaving out a few rather important items...BUT hell of a talking point being bantered by the likes of an AOC/SANDERS. the rich this, the rich that.
if trump was pres now...we'd BE going thru the same shit with inflation...definitely wouldn't be in a war with russia, and not to the extent of trying to kill off energy and being so passive aggressive with it all (to get where they TRULY want to go)...this russia thing has been helping him quicken the pace on it all/green shit and provided MUCH-NEEDED cover of it all.
there are plenty of talking points from his party of true intention for our carbon industry...some coming out accidentally, BUT frigging eyeopening
when you get GREEN GUY "musk" telling you that we are still too far away...listen to the fucker...drill some fucking oil/gas and quit lying about it
i'm good with it all (glad he won...like a lil investment of our time/money so the world can see the SHIT STORM)
they will get smoked in about 6mos. at least get the dumb shit off the table like reworking SCOTUS, adding states, putting 80billion into IRS, and letting banks report all transactions over 600bucks to IRS...100 percent wish list for national DEM voting rules
we can get the PUBS back in POWER and really keep the blacks and browns down...crazy shit- the numbers of support were growing as the GOP thumb was on em. are they DUMB, or do they know something?
GOP party WAS changing and they were/will be bringing in the blacks/browns for the future.
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I have been through several ups and downs in the market.
I have always known the market will come back.
This down cycle feels different. Maybe it is the lack of understanding of our current leaders.
Maybe because a bit over 50 now and thinking of retirement.
I am honestly worried.
The only investment i am currently doing other than my work retirement is buying Ford.
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It was a bubble. It’s bursting.
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which is fine
might be some opportunities for us shaking loose
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#tldr HeyIPostTooMuchCauseIHaveATinyDick
Biden was supposed to be a placeholder
Don't fuck up and we'll get to the other side
Instead he's turned into the dumbest tin-ear politician since Jimmy Carter
Actually worse than JC
Green energy is a monumental scam
Tearing up the planet in order to move the point source of pollution
How fucking dumb are you?
Not only have you not solved the problem
But you've made it worse AND you've given us nationwide power insecurity
The only good Progressive is one that's plugged into the Matrix electrical grid
Fucking morons.
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Ok, I will try again. What is a 'fair share' of taxes being paid by the 'rich'.'? I can never get an answer from the left leaning folks. Just pay more is the response.
According to IRS data, the top 1% makes 21% of the earned income, but pay 40% of the taxes.
The top 5% make 37% of the income and pay 60% of the taxes.
Top 10% of wage earners pay 71% of the total taxes.
The bottom 50% make 12% of the earned income and pay 3% of the taxes.
Are people just jealous that those folks make so much money? Of course, I bet if you were in the top 1% you might feel that you already pay your fair share.
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I am not going down this bunny trail. Explaining about how a progressive tax system helps the overall economy and helps combat income inequality is an entirely different discussion. And nobody wants to hear rich people bitching about taxes while they sit on their yachts in the Hamptons.
What I am talking about here is Trump and the GOP deciding to give the elite rich tax cuts when 1) was not needed and 2) knew it would be increase the national deficit and create more debt.
They fed us the bullshit that the tax cuts would pay for itself and actually help cut the deficit. Trickle down economics is the biggest lie the right has pushed on Americans for 40 years. All it’s done is create income inequality, increase the national deficit, and created trillions in debt.
The rich and corporations have used the tax cuts to only fatten their own wallets .
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If the tax cuts are so horrible why hasn't Joe repealed them? Asking for a friend.
You can only blame so much on the previous administration. And yeah deficit spending is not anything new. Something we can't seem to shake no matter who is president.
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Widen is a fucking idiot moron tool… Any of you that think otherwise or is a big a fucking idiot moron tools… This is all Biden and his fucked up policies!
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If the tax cuts are so horrible why hasn't Joe repealed them? Asking for a friend.
You can only blame so much on the previous administration. And yeah deficit spending is not anything new. Something we can't seem to shake no matter who is president.
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He has been trying to raise taxes on corporations and billionaires.
Congress influenced by the billionaires and corporate donors are not on board.
Biden cannot wipe out the tax cuts by the stroke of a pen.
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I thought the Billionaires were saving us through the WEF and investing in pharma Yada yada..Yada... how dare you malign them in such a fashion and assert they don't care about you.
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