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Yeah, which is why he faked out by telling Hector that he was going with the old plan again. They left enough clues for you to realize he thought the line was being tapped. Were you watching distracted maybe?

They were probably hopeful, as we all were, that our politicians would do something that could pull us out of the tailspin. Instead, we're getting ideas thrown out that exacerbate the problems (like shitting on domestic oil producers instead of helping them).

Probably because people are starting to realize a 26% drop isn't even remotely close to the bottom with how fucked we are.

I mean, I've been saying this for the last week. There is no good economic news. Anyone thinking we'd see something good this month isn't paying attention to anything. There's been no catalyst for change, the economy isn't going to magic itself healthier. The recession is imminent. We're not...

Inflation (that they admit to) is 8.5% and they think adding 75 basis points is being nimble.

Give it a couple hours to adjust.

Same phenomenon I keep mentioning. Who the fuck are these people that are getting even "neutral" economic news and aren't expecting worse numbers every month? What metric or sector is actually doing well enough to make positive statements about anything related to the economy?

I made a post in the inflation thread about it, but the Fed is so reactionary that they're always going to be chasing inflation. Which means they'll never raise rates at the pace to combat it. We need a proactive Fed that looks forward, but that's just not who we have.

It was flushing when he made the post, turned around in a hurry.

This isn't really worth it unless you have low income (like someone retired). Personally, a few years ago my plan was to do a Roth conversion ladder (convert traditional to Roth, pay 0% tax on it because the long term dividend tax rate allows a married couple almost $100k, season for 5 years...

Oh, and my entire point is, my original post the other day was that there's no way analysts and CFOs all over the country are unaware what a recession is, nor do I believe they think anything has gotten better this quarter. Meaning they're all gaslighting us about it. My post this morning was...

I keep pointing it out, it's like an intro to business concept that a recession is two negative quarters of GDP. We've had one, and the 2nd one is announced at the end of the month. Stop trying to look smart. The recession is already here. You don't really think this quarter will be positive do...

Maybe all those articles about a recession not coming until 2023 were more of a warning than ignorance? Basically saying "it's going to be so much worse than 2022." Because the recession is obviously already here.

The first had an unnamed enemy country as well. And they bombed the runway, not the hangars. You know, so planes couldn't be launched. Nitpick that an F-14 probably can't take off there if you want to be critical.

Yeah, reading that article made me smile at the misery of urban millennials.

On the plus side, despite dropping 18% in 1990, the market finished just barely in the red by years end. And then 1991 was a 30%+ year. I don't see history repeating in this case though.

They were probably right. But they used that time to fellate themselves about "well, we'll wait and see and maybe do something next year in February." They wasted probably 9 months where they could've reacted, and lying about something that even most lay people were calling out. I'm not...

Was thinking the same thing. Maybe had they raised them 1% a year ago we wouldn't be in this situation. You know, when they were denying inflation or claiming it would be transitory. At this point 1% just makes us bleed slightly faster.

Lol, what the fuck is that response?

So I think I'm done with AGS forever now. Back to back games where they've just shown they're incredibly incompetent. They took games which should've had longevity and destroyed them.

Because the US is on the verge of bankruptcy. We've got a massive amount of debt and inflation, and we have two ways to combat the inflation: 1. Raise the interest rates, but because of our massive debt, this just puts us further and further into the hole. We're already at the point where a...

Man, what happened this week? Did I quit just before the game imploded? Turned on a stream and all they're talking about is how fucked everything is.

I talk about this often in other threads, but it's the hubris of Americans, especially every generation since the boomers, to believe that we'll forever live in prosperity. Most can't imagine that the system has any weakness, much less that it could collapse. Power outages, food shortages...

I'd say it's not even "long term," but rather permanent. We traded a fix for permanent bad.

Nah, this is all a timebomb lots of people have been calling for once QE started. And 2020-2021 with the money expansion just compounded it all. We probably could've meandered along for another century had we kept the policies from the 1990's to 2000's. We went fucking retarded after the GFC...

Kind of makes me think we're here on the GFC (2007-2009) chart, where we bled for a good 6 months and then it really went to shit. Except this time there's nothing to really pull us out of it.

Seriously, are these people retarded? We're going to see a recession in 2 and a half weeks. It'll be the 2nd negative quarter. These people need to go back to get an intro business course.

So you're trading one Amazon gaming failure for another, and it's one you already experienced? Why do you hate yourself?

Had barely heard anything about this one, but somewhere I had seen something saying it was a really good movie. So I didn't really have any spoilers about what I was getting into. Watched it today and what a fucking rollercoaster! I wasn't expecting, well, any of it. I laughed pretty hard, had...

Right, but the wipe out we're talking about here is the big one. When the dollar ceases to exist, all the sudden the entire economy vaporizes. Unless the rich want to live like royalty circa 1850, it seems unwise. Sure, you're still wildly wealthy, but you're going to be significantly more...

Same. I know in the Army everyone had to get PRK because they were worried that a violent head jarring would leave someone with lasik blind.

For sure, but...doesn't that wipe out their wealth too? There isn't any asset for them to put their wealth into that's safe, so that kind of screws everyone.

Once again, are these people in a bubble? What positive economic news am I missing that's been positive? Seriously, name a single metric. It's going to get worse.

A drilling permit also doesn't even mean there's anything there.

Same as my post last night about "CFO's expecting a recession to hit in 2023," do these analysts pay attention to...anything? How did no one expect the CPI number to be bad? I expected significantly worse. Do none of these people buy things for themselves? Is there some kind of positive...

For pilots, 20/40 when you join. If it gets worse afterwards though, you can still fly. I don't remember what the cut off is though (looks like 20/100, correctable to 20/20). I took a shit load of bilberry extract and lutein prior to joining because as someone close to the age limit (I was...

They seem to be of the mind that players will either stick around for trickle content, or come back in droves for it. I don't know how they can be so out of touch. Western audiences aren't coming back once they're lost. If someone was waiting for Scouter, or is an alt-a-holic and wanted the...

That's actually the part people miss with the oil talk. Yeah, the domestic production was severely hampered, but bigger is that he basically told the Saudis to fuck off and so they've got no reason to not watch our country burn to the ground.

Also wtf happened during power hour today? Holy shit. Markets were hovering around 0.5-0.8% down all day, and then tacked on an extra 2% in the last hour.