Big Blitz Posted March 13, 2022 Author Posted March 13, 2022 4 hours ago, Tenhigh said: That Brooklyn Dad has to be a bogus account set up by the defiant L's guy. No one is that dumb. He's paid by a Dem Super PAC And yes this probably is true to both sides we just happened to have it confirmed with this clown.
John Adams Posted March 13, 2022 Posted March 13, 2022 1 hour ago, Chef Jim said: How about comment on the content. Sometimes I do, sometimes I make fun of The Paste Man.
Precision Posted March 13, 2022 Posted March 13, 2022 On 11/13/2021 at 8:47 AM, Precision said: Michael Burry came out this week and said that inflation is much worse than a byproduct of the re-opening from COVID. Also made comments regarding the Rivian IPO. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=newssearch&cd=&cad=rja&uact=8&ved=2ahUKEwj1_ov0tpX0AhVNm-AKHQ6QDWYQxfQBKAB6BAgOEAI&url=https%3A%2F%2Fmarkets.businessinsider.com%2Fnews%2Fstocks%2Fbig-short-michael-burry-scion-inflation-spike-economy-pandemic-reopening-2021-11&usg=AOvVaw2ejDzbftopOMYik1NrbPnj My questions to the board are: Have you adjusted your investing strategy based on the current and upcoming inflation and if so from/into what? Since this clearly in not transitionary at what point do you start to panic? Do you think the Bidenomics issues are solvable at the midterms, during the next administration or have we reached a tipping point (runaway inflation)? What do think inflation will top out at? What are your thoughts on the largest contributing factor? My answers: Yes, we have 60% of our investments are now in commodities, foreign investments, thinking about purchasing a rental property. I already have which is why I made the changes previously mentioned. Not solvable until at least midway through the next administration. 13%. Currency devaluation. For those unaware, Michael Burry ran Scion Capital. He was among the first to forecast the real estate bubble in 2007. To learn about what led up to the crash a great movie to watch is "The Big Short". Feel like this post aged well although the "experts" say we'll only hit 10%......... https://www.kiplinger.com/economic-forecasts/inflation 1
BillStime Posted March 13, 2022 Posted March 13, 2022 4 hours ago, Chef Jim said: How about comment on the content. You never do.
TSOL Posted March 13, 2022 Posted March 13, 2022 I know Biden has made some mistakes, but at least he's handling the economy really well. 4
Chef Jim Posted March 14, 2022 Posted March 14, 2022 4 hours ago, John Adams said: Sometimes I do, sometimes I make fun of The Paste Man. Im not one to point fingers regarding this actually. Carry on.
Chef Jim Posted March 14, 2022 Posted March 14, 2022 1 hour ago, John Adams said: Inflation is a leading indicator of war. Come on man!!!
Big Blitz Posted March 15, 2022 Author Posted March 15, 2022 (edited) U.S. wholesale inflation surges again — prices are up 10% in the past year Wholesale prices rose a sharp 0.8% in February and signaled that the hottest U.S. inflation in 40 years is unlikely to cool off in the spring. The increase in wholesale prices over the past year stayed at 10% for the second month in a row, the government said Tuesday. https://on.mktw.net/3tdiP7I Edited March 15, 2022 by Big Blitz
Chef Jim Posted March 15, 2022 Posted March 15, 2022 Always the silver lining guy here is some great news about the skyrocketing gas prices here in California. Our $.51 per gallon excise tax has dropped from 20% down to 8.5%. Yay! 🙄 1
leh-nerd skin-erd Posted March 15, 2022 Posted March 15, 2022 On 3/13/2022 at 3:38 PM, John Adams said: Sometimes I do, sometimes I make fun of The Paste Man. This is why you cannot be a moderator. Your mercurial, irreverent, and pranditious nature is offputting, so much so that I made up a word for it. I will say, however, that I appreciate some of your commentary over the past few weeks.
TSOL Posted March 15, 2022 Posted March 15, 2022 I would suspect joe Biden and vlad Putin have some sort of secret backdoor gentleman's bet on who can screw up their respective countries worse, over the next 2½ years. 1
Chef Jim Posted March 15, 2022 Posted March 15, 2022 1 hour ago, leh-nerd skin-erd said: This is why you cannot be a moderator. Your mercurial, irreverent, and pranditious nature is offputting Jackie Chiles? Is that you? 1 1
Doc Posted March 15, 2022 Posted March 15, 2022 Where's that Trump "I don't take responsibility" meme when you need it... 2 1
B-Man Posted March 17, 2022 Posted March 17, 2022 Americans are buying less as many brace to be ‘strapped for cash’: Many retailers have acknowledged that a prolonged war in Ukraine could hurt shopper confidence as supply shortages worsen. https://www.wbir.com/article/news/nation-world/us-retail-spending-slows-due-to-inflation/507-3778ce91-7774-4088-953a-f48973882d0e
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