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Yup, one day, they may catch up to reality, as the truth always comes out.
Ain’t that right FWT?
Nazi's!!!
Yup, one day, they may catch up to reality, as the truth always comes out.
Ain’t that right FWT?
Biden just needs to say that if the companies are not paying their taxes in the US, they won't be able to operate in the US. That'll solve the problem really quickly, companies won't cut the most profitable market from their revenues.
Nazi's!!!
trend seems to have accelerated
not good
https://www.wsj.com/articles/homes-e...ar-11647518400Homes Earned More for Owners Than Their Jobs Last Year
Increase in value of typical U.S. home exceeded median worker income for first time, Zillow says
The Feds raising rates is not good but needs to be done and inflation is really probably around 14% not good you add what is happening in Europe and you got a perfect storm for a huge recession heading our way.
Huge global recession is looking likely
If the USA participates it will be a fairly shallow recession for us imo. Not pleasant but not that bad and a good opportunity to increase wealth inequality.
It's hard to imagine much of a recession for us because their is still so much liquidity flowing around the economy even with the small rate increases coming.
Also there's a lot of capitol flight occurring from Europe and Asia, add to that the reindustrialization that is occurring here, and I think our recession (if there is one) will be a hiccup/buy the dip type of thing. That's why I'm just trying to stay nimble with short term investments so I can take advantage of the opportunities as they occur.
Hey everyone! Check it out. Snakeboi thinks income inequality is good. Edgy AF!
Unbunch your panties pusher. I said wealth inequality not income inequality silly
Wage inflation will narrow the income inequality gap (offset by inflation but that's a different topic)
uh? what reindustrialization is that? we're just a services economy now.
That said, strengthening the dollar only helps the US and s Russia some more, so considering the geopolitic background, it makes sense to go that route.
The process of reshoring and nearshoring takes time. It has already begun and will only increase as China labor becomes less and less attractive due to both labor cost and political risk.
How old are you El? The way you argue against and deny a changing world makes you sound like some old nihilistic boomer.
The only thing that takes time is to move from China to Malaysia, Vietnam, Honduras, and the long list of countries that have a substantially cheaper standard a living than the US. We've already seen some of that when Trump attempted tariffs on China.
But that would actually be the worst case scenario. China is a great trade partner that is on a mutually beneficial relationship, loaded up with US treasuries and dollars, they have every incentive to keep that gravy train going and would be, by far, the one with the most to lose if they opt not to continue.
This is a pretty ironic comment. I'm not old enough to have seen mass US manufacturing. I'm very sure I'm not going to see it in my lifetime as well.
You sound exactly like the boomers that never adjusted to the fact that we're a global economy now and long for the return of US manufacturing. Pure nostalgic nonsense that makes no economic sense.
saw this clip going around and immediately remembered this convo about leveraging unrealized gains.
Will Hunting probably rolled over in his grave.
Without US manufacturing, what do we have besides consumers and intellectual capital? A cons ution?The only thing that takes time is to move from China to Malaysia, Vietnam, Honduras, and the long list of countries that have a substantially cheaper standard a living than the US. We've already seen some of that when Trump attempted tariffs on China.
But that would actually be the worst case scenario. China is a great trade partner that is on a mutually beneficial relationship, loaded up with US treasuries and dollars, they have every incentive to keep that gravy train going and would be, by far, the one with the most to lose if they opt not to continue.
You sound exactly like the boomers that never adjusted to the fact that we're a global economy now and long for the return of US manufacturing. Pure nostalgic nonsense that makes no economic sense.
Guns?
Fear?
The petrodollar and US Treasury notes, so long as others place confidence in them.
The world's biggest military.
A ruthlessly democidal two party system bought and paid for by political donors.
there's a good chance a private equity company is your landlord and is ripping you off.
if you have a state pension, there's a great chance private equity is ripping you off right now.
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