You must know that only a boomer would come up with that image.
Administrator
July 19, 2017 4:34 pm
Definitely improving
[img[/img]
hardscrabble farmer
July 19, 2017 4:42 pm
It is neither good, nor bad.
BSHJ
July 19, 2017 4:46 pm
Well, it depends…….on Russian hacking and interference
sierra7
July 19, 2017 5:05 pm
As long as there is no real “price discovery” (mark to market) of all the trash being vacuumed up by the FED and on their books already the “market” will just stumble higher and higher until…..poof!
card802
July 19, 2017 5:09 pm
The fed will say all is well and the braindead know they should trust the fed…………….
I’ll say one thing, West Michigan is booming right now but housing prices are declining, lots of homes for sale with reductions of thousands.
MN Steel
July 19, 2017 5:13 pm
The economy for whom?
The economy of the stock traders/owners, the economy of the Free Shit Army, or the economy of the workers paying for everyone else and falling further behind the rest?
nkit
July 19, 2017 5:17 pm
There was one?
Tommy
July 19, 2017 5:24 pm
Like a skydiver’s mental serenity when his parachute fails. And the backup.
Miles Long
July 19, 2017 5:57 pm
Better? It depends on who & where you are, as well as how much fuckery you can get away with.
Boat Guy
July 19, 2017 6:09 pm
The shenanigans will continue and the circle jerk from Wall Street to K-Street to Capitol Street to the Pentagon will continue till we let our Military Industrial Complex and welfare dance for the likes of Elon Musk and GM and GE the true welfare queens let’s not forget Section Housing or Welfare for Landlords to make non performing properties generate tax income for cities and counties and unrealistic rent payments for property that would otherwise be boarded up and abandoned .
We as a nation are imploding and exploding at similar rates of speed . Sooner or later we must collide ! And BOOM ! THEN WHAT ?
motley
July 19, 2017 6:47 pm
As long as the money printing continues … with inflation ‘leakage’ contained (at least so the unwashed masses remain unaware of what is happening all around them), the illusion of the economy NOT in outright deflationary freefall will continue. Printing and spending an extra $800 billion dollars annually goes a long way.
BL
July 19, 2017 7:12 pm
How would we know if things were improved or worse? You can’t trust the official government numbers because they are skewed to reflect whatever TPTB wants you to believe is the truth.
I’m so glad I chose to wait to sip another bit of my coffee before I came to your post. 😀 Outlandish, outrageous, HILARIOUS. And spot on.
Gator
July 19, 2017 7:28 pm
Worse, and trump will get all of the blame. Theres a massive depression baked into the cake, nothing anyone can do to stop it. Stocks, bonds, and real estate are all in bubble territory. They’ve been floating on a sea of printed money and debt, but that must come to an end eventually…..right?
BL
July 19, 2017 7:49 pm
Gator- Levitation and money magik is what ((they)) do best. They can keep the ball spinning on the end of a stick for a very long time if they so wish. What seems impossible to us is a piece of cake for ((them)) AS LONG as people still BELIEVE the money/dollars are actually worth something.
There is still a great deal of money left to steal before they shut it down and leave town.
It’s like a monopoly game when you have won, and basically own the whole board. The ((owners)) will keep loaning out money to us plebs so we can go around the board one more time. And keep paying them the profit on thier greens.
I don’t know how you would really tell if it was better or worse, To us it doesn’t really matter as we have ordered our affairs to live on a small amount every year for the last couple years. Frugality and thrift are good skills to learn whether you are rich or poor.
From what I see around here everyone must be pretty optimistic. When we go to town the restaurants always look full and it seems like everyone is driving 40,000 $ cars. I don’t know how they do it as the wages around here are shit, even with a lack of employable people (drugs, tats, surly attitudes.) Most people seem to fashion themselves as masters of the universe.
Westcoaster
July 19, 2017 8:15 pm
From my perspective as a business owner who helps other business owners generate business, I’d say right about now we’re in “desperation mode”. The ad market is tougher, meaner, and more expensive than anytime I’ve seen in the past 16 years. Nevertheless there are still a few start-ups and expansions. But most prospects I talk with are just trying to stay afloat until something changes. So in a nutshell, hope is still alive but IMO now is NOT the time to try a new business launch, and I don’t see things getting better until something fundamentally changes.
rhs jr
July 19, 2017 8:22 pm
Headed to a crash; what you own will deflate and what you need will inflate. Urban Jungles will become the least sustainable environments contrary to government and media experts who probably couldn’t grow a garden or raise a chicken if you drew them pictures.
KaD
July 19, 2017 8:34 pm
It won’t get better, it will probably stay the same and keep slogging along. There is a chance it could blow up though.
Zarathustra
July 19, 2017 9:27 pm
In the movie Titanic, Rose asked Mr. Andrews how long they had, after he learned of the extent of the damage. “An hour, maybe two,” he replied. In fact, it took about 3 and a half hours to sink. That’s what I think about the economy.
TampaRed
July 19, 2017 9:37 pm
Off topic but this is still an active thread.
John McCain has been diagnosed w/brain cancer.
They spoke about a clot in his head, I remembered that the old terminology was ‘stroke’. Brain cancer sounds like something new, I never heard of that. Russian cocktail, maybe?
The Fed is growing increasingly concerned that this expansion will end like the last two, with a collapse in asset prices that brings down the economy. That concern will lead the central bank down the path of excessive tightening. Worse, that logic misses a key point. In both of the last two cycles, there was a sizable imbalance in the economy that extended beyond financial assets themselves. So far, the current environment lacks such an imbalance. That suggests the expansion ends with more of a fizzle than a bang.
Lala Blood
July 20, 2017 12:32 pm
I don’t know, things are booming where I live. Lot’s of new construction, ‘help wanted’ signs in windows, restaurants full all the time. It seems like half the houses on my block are having an addition put on.
H. Stewart
July 20, 2017 12:48 pm
Today marks half a year since Donald Trump took the Oath of Office as President. I just wanted to note that, so far, absolutely nothing of significance has been enacted to affect the economy. It’s still basically Barack Obama’s expansion.
Of note, where have all the Doomers gone? Zero Hedge has turned into a Trump + Putin fanboi club. The left-wing purists who were sure that everything stunk and the next crash is right around the corner have moved on to other things. The writers who had been bleating about imminent recessions – almost every year since 2009 – are now just talking about very slow GDP growth.
Basically, everything of note is positive, although much has been or is decelerating. Over the next 6-12 months, if Washington leaves the economy alone, I expect job growth to continue, the unemployment rate to decline a little, prime age labor force participation to increase, and nominal wage growth to remain steady if participation increases a lot, and maybe increase more if participation only increases a little, although the positivity of most of these things will probably decelerate.
james the deplorable wanderer
July 21, 2017 5:39 pm
Obama MIGHT be able to spell “economy”, if you gave him the first six letters free.
It’s GOLDMAN SACHS’ economy! And their presence on Trump’s cabinet is why it’s still going.
That does NOT mean it won’t collapse, implode, explode, detonate, deflagrate, or shrink under nuclear irradiation. Goldman knows how to run an economy that makes THEM money; anyone else can go hang. Once enough folks who aren’t in on it go bankrupt, nothing GS can do will prevent a collapse – and, hopefully, a Great Hunt for former GS employees (you get an hour’s head start, then we turn out the hounds. Hope you can find a way to throw them off the scent, or this hunt’s gonna be short and boring.)
But really, it’s unsustainable and has been for decades. Anyone who can’t figure out where this economy is going needs a minder.
All is well
[img
[/img]
You must know that only a boomer would come up with that image.
Definitely improving
[img
[/img]
It is neither good, nor bad.
Well, it depends…….on Russian hacking and interference
As long as there is no real “price discovery” (mark to market) of all the trash being vacuumed up by the FED and on their books already the “market” will just stumble higher and higher until…..poof!
The fed will say all is well and the braindead know they should trust the fed…………….
I’ll say one thing, West Michigan is booming right now but housing prices are declining, lots of homes for sale with reductions of thousands.
The economy for whom?
The economy of the stock traders/owners, the economy of the Free Shit Army, or the economy of the workers paying for everyone else and falling further behind the rest?
There was one?
Like a skydiver’s mental serenity when his parachute fails. And the backup.
Better? It depends on who & where you are, as well as how much fuckery you can get away with.
The shenanigans will continue and the circle jerk from Wall Street to K-Street to Capitol Street to the Pentagon will continue till we let our Military Industrial Complex and welfare dance for the likes of Elon Musk and GM and GE the true welfare queens let’s not forget Section Housing or Welfare for Landlords to make non performing properties generate tax income for cities and counties and unrealistic rent payments for property that would otherwise be boarded up and abandoned .
We as a nation are imploding and exploding at similar rates of speed . Sooner or later we must collide ! And BOOM ! THEN WHAT ?
As long as the money printing continues … with inflation ‘leakage’ contained (at least so the unwashed masses remain unaware of what is happening all around them), the illusion of the economy NOT in outright deflationary freefall will continue. Printing and spending an extra $800 billion dollars annually goes a long way.
How would we know if things were improved or worse? You can’t trust the official government numbers because they are skewed to reflect whatever TPTB wants you to believe is the truth.
The beatings will continue until morale improves.
That is all.
I’m so glad I chose to wait to sip another bit of my coffee before I came to your post. 😀 Outlandish, outrageous, HILARIOUS. And spot on.
Worse, and trump will get all of the blame. Theres a massive depression baked into the cake, nothing anyone can do to stop it. Stocks, bonds, and real estate are all in bubble territory. They’ve been floating on a sea of printed money and debt, but that must come to an end eventually…..right?
Gator- Levitation and money magik is what ((they)) do best. They can keep the ball spinning on the end of a stick for a very long time if they so wish. What seems impossible to us is a piece of cake for ((them)) AS LONG as people still BELIEVE the money/dollars are actually worth something.
There is still a great deal of money left to steal before they shut it down and leave town.
It’s like a monopoly game when you have won, and basically own the whole board. The ((owners)) will keep loaning out money to us plebs so we can go around the board one more time. And keep paying them the profit on thier greens.
I don’t know how you would really tell if it was better or worse, To us it doesn’t really matter as we have ordered our affairs to live on a small amount every year for the last couple years. Frugality and thrift are good skills to learn whether you are rich or poor.
From what I see around here everyone must be pretty optimistic. When we go to town the restaurants always look full and it seems like everyone is driving 40,000 $ cars. I don’t know how they do it as the wages around here are shit, even with a lack of employable people (drugs, tats, surly attitudes.) Most people seem to fashion themselves as masters of the universe.
From my perspective as a business owner who helps other business owners generate business, I’d say right about now we’re in “desperation mode”. The ad market is tougher, meaner, and more expensive than anytime I’ve seen in the past 16 years. Nevertheless there are still a few start-ups and expansions. But most prospects I talk with are just trying to stay afloat until something changes. So in a nutshell, hope is still alive but IMO now is NOT the time to try a new business launch, and I don’t see things getting better until something fundamentally changes.
Headed to a crash; what you own will deflate and what you need will inflate. Urban Jungles will become the least sustainable environments contrary to government and media experts who probably couldn’t grow a garden or raise a chicken if you drew them pictures.
It won’t get better, it will probably stay the same and keep slogging along. There is a chance it could blow up though.
In the movie Titanic, Rose asked Mr. Andrews how long they had, after he learned of the extent of the damage. “An hour, maybe two,” he replied. In fact, it took about 3 and a half hours to sink. That’s what I think about the economy.
Off topic but this is still an active thread.
John McCain has been diagnosed w/brain cancer.
They spoke about a clot in his head, I remembered that the old terminology was ‘stroke’. Brain cancer sounds like something new, I never heard of that. Russian cocktail, maybe?
I wish I could say that this news disappointed me.
If you look past the fake numbers, the real economy has been shrinking since the year 2000.
It was first obscured by the housing boom, then the stock and bond market boom, and all the while by printed money via debt.
The next crisis will probably be a currency crisis, but a collapse of the yen or euro could extend the dollar for at least a decade or two.
This should help the economy and the world if he really does it.
“Trump To Stop Arming Anti Assad Terrorists In Syria”
https://personalliberty.com/trump-halts-u-s-arming-terrorists-syria/
Personal economy…better. National economy…worse.
The Fed is growing increasingly concerned that this expansion will end like the last two, with a collapse in asset prices that brings down the economy. That concern will lead the central bank down the path of excessive tightening. Worse, that logic misses a key point. In both of the last two cycles, there was a sizable imbalance in the economy that extended beyond financial assets themselves. So far, the current environment lacks such an imbalance. That suggests the expansion ends with more of a fizzle than a bang.
I don’t know, things are booming where I live. Lot’s of new construction, ‘help wanted’ signs in windows, restaurants full all the time. It seems like half the houses on my block are having an addition put on.
Today marks half a year since Donald Trump took the Oath of Office as President. I just wanted to note that, so far, absolutely nothing of significance has been enacted to affect the economy. It’s still basically Barack Obama’s expansion.
Of note, where have all the Doomers gone? Zero Hedge has turned into a Trump + Putin fanboi club. The left-wing purists who were sure that everything stunk and the next crash is right around the corner have moved on to other things. The writers who had been bleating about imminent recessions – almost every year since 2009 – are now just talking about very slow GDP growth.
Basically, everything of note is positive, although much has been or is decelerating. Over the next 6-12 months, if Washington leaves the economy alone, I expect job growth to continue, the unemployment rate to decline a little, prime age labor force participation to increase, and nominal wage growth to remain steady if participation increases a lot, and maybe increase more if participation only increases a little, although the positivity of most of these things will probably decelerate.
Obama MIGHT be able to spell “economy”, if you gave him the first six letters free.
It’s GOLDMAN SACHS’ economy! And their presence on Trump’s cabinet is why it’s still going.
That does NOT mean it won’t collapse, implode, explode, detonate, deflagrate, or shrink under nuclear irradiation. Goldman knows how to run an economy that makes THEM money; anyone else can go hang. Once enough folks who aren’t in on it go bankrupt, nothing GS can do will prevent a collapse – and, hopefully, a Great Hunt for former GS employees (you get an hour’s head start, then we turn out the hounds. Hope you can find a way to throw them off the scent, or this hunt’s gonna be short and boring.)
But really, it’s unsustainable and has been for decades. Anyone who can’t figure out where this economy is going needs a minder.