WASHINGTON (AP) -- In a first, working-age people now make up the majority in U.S. households that rely on food stamps — a switch from a few years ago, when children and the elderly were the main recipients.
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print more Yellen gotta fluff those employment numbers and tell us there is no inflation
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print more Yellen gotta fluff those employment numbers and tell us there is no inflation
good to see you tiz
nice to see Fed looking at Berkshire as too big to fail
Maybe they're gonna let us know ahead of time this time who will and won't be deemed worthy of being propped up
Saw net inflows to market funds replacing outflows for past 3 years combined last year. Public no longer perceiving risk in stocks....
nice to see Fed looking at Berkshire as too big to fail
Maybe they're gonna let us know ahead of time this time who will and won't be deemed worthy of being propped up
Saw net inflows to market funds replacing outflows for past 3 years combined last year. Public no longer perceiving risk in stocks....
Aapl iPhone sales starting to flatten big time ... Q4 last year 47.8 vs 51 this year ... Down 8% in AH
Pretty pointless upgrading smartphone/tablet at this point till old one dies ... They gonna have to come up with something else besides iPhones and iPads next gen to infinity ...
Pretty pointless upgrading smartphone/tablet at this point till old one dies ... They gonna have to come up with something else besides iPhones and iPads next gen to infinity ...
Reading this thread from 2008 is funny. If I ever left that many people eating crow I don't think I'd be as modest as you Tiz
Kinda a microcosm of society. I know I'm guilty of it, the "well we've been fine for XYZ years this is just a hiccup, party will go on, best country etc" line
I think our standard of living is just so high that we're too numb to it. It is going to take black swan event about 10 times bigger than 2008 to get people to wakeup. Even if people do want change, most largely have no clue what we need (see OWS rallying, while I think they were admirable to protest they were obviously misguided, then the drunks/druggies/bored people showup and it just becomes a joke and fades away)
Hopefully we fix our system because who knows what a new system would be
Kinda a microcosm of society. I know I'm guilty of it, the "well we've been fine for XYZ years this is just a hiccup, party will go on, best country etc" line
I think our standard of living is just so high that we're too numb to it. It is going to take black swan event about 10 times bigger than 2008 to get people to wakeup. Even if people do want change, most largely have no clue what we need (see OWS rallying, while I think they were admirable to protest they were obviously misguided, then the drunks/druggies/bored people showup and it just becomes a joke and fades away)
Hopefully we fix our system because who knows what a new system would be
They are doing one hell of a job dumbing down society and shoving bread and circus in the populace faces as they create an even more enslaved society where rich/poor gap keeps expanding ....
Probably lost cause honestly Mexico north here we come ... How they managed to make QE "normal" and have a large portion of society begging for more is impressive to say the least...
Probably lost cause honestly Mexico north here we come ... How they managed to make QE "normal" and have a large portion of society begging for more is impressive to say the least...
Cracks starting to form ... Turkey jacks interest rates huge to try to support currency ... Initial knee jerk happy times ... Now well into red on futures ....Bottom line we in a QE induced bubble globally either dig deeper and make things worse long term for near term euphoria ... or don't and bubble bursts
gold is going against the grain now, should have sold off on the taper news but its up 16, think the fear indicator is helping gold here.
side note there is going to be a trade down the road in going long the 2 & 3X leverage nat gas stocks that are short the price just like there was a trade in being long right now....dgaz is getting crushed, anyone have any opinions on nat gas? i think the selling continues more but damn that stock isnt not far off from printing a 2 handle!
side note there is going to be a trade down the road in going long the 2 & 3X leverage nat gas stocks that are short the price just like there was a trade in being long right now....dgaz is getting crushed, anyone have any opinions on nat gas? i think the selling continues more but damn that stock isnt not far off from printing a 2 handle!
Doubt taper continues WHEN things begin to unravel based on what I've heard from her so far she's even more insane then Ben ... So likely will dig an even deeper hole to prop the only thing they have left standing ... The equity markets... Once they lose control of that with how in the dumps fragile the real economy is all hell breaks loose...
at some point my guess is eventually we reach a point where they yell print and it won't work (bubble equity markets) anymore ...
