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Biden's Stock Market - 31,164 on Day 1.
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Re: Biden's Stock Market - 31,164 on Day 1.
Its a shame he wont be around for us to kick his ass after the Democrats take a beating this year.
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Re: Biden's Stock Market - 31,164 on Day 1.
I'm 50 years old. I can see myself still doing some tax work in my late sixties. One, to have something to do, and also to help fund things for those I find deserving in my family.
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Re: Biden's Stock Market - 31,164 on Day 1.
You’ll be deadBigRedRetard wrote: ↑Thu Jun 16, 2022 4:58 pmThat must be brutal. I can't imagine having to work at 69.
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Re: Biden's Stock Market - 31,164 on Day 1.
"When governments fear the people, there is liberty. When the people fear the government, there is tyranny."
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Re: Biden's Stock Market - 31,164 on Day 1.
i was looking at the similarities of Biden's runaway inflation and Carter's back in the early 80's. In order for the FED to stop the inflation, they ended up raising rates to where the 30 year Notes were paying 16% interest before they finally reversed it.
Right now 30 year notes are paying under 4% interest.
Right now 30 year notes are paying under 4% interest.
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Re: Biden's Stock Market - 31,164 on Day 1.
Almost on page 3.
Is it a Depression yet?
Is it a Depression yet?
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Re: Biden's Stock Market - 31,164 on Day 1.
your rolls of pennies won't buy as much as they did when you put them under your mattress.
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Re: Biden's Stock Market - 31,164 on Day 1.
If it officially becomes a recession will you then admit your boy sucks ass?
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Re: Biden's Stock Market - 31,164 on Day 1.
I’ll admit every republican that that takes over from a democratic president other than Carter/ Reagan, manages to leave the economy in its current shape.
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Re: Biden's Stock Market - 31,164 on Day 1.
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Re: Biden's Stock Market - 31,164 on Day 1.
You might want to work on your reading and comprehension skills
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Re: Biden's Stock Market - 31,164 on Day 1.
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Re: Biden's Stock Market - 31,164 on Day 1.
Point out what I got wrong.Who wrote: ↑Wed Jun 29, 2022 8:38 pmYou might want to work on your reading and comprehension skills
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Re: Biden's Stock Market - 31,164 on Day 1.
Recent history, w left the country in shambles, O’Bama rebuilt the country. Trump left the country in shambles and Biden has a small window to put the House back in order.
Prove me wrong
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Re: Biden's Stock Market - 31,164 on Day 1.
Just a bit of perspective, not because I am supporting the current administration, but to keep myself calm during a turbulent time.
"U.S. household net worth is $80 trillion higher today than it was ten years ago, which is astounding. But it’s about $700 billion lower than it was three months ago, which is honestly nothing. Yet one of those figures creates ten times the headlines, ten times the attention, ten times the emotions, ten times the introspection. It has nothing to do with the level of wealth and everything to do with the trajectory."
A link to the whole article:
https://www.collaborativefund.com/blog/ ... wealthier/
"U.S. household net worth is $80 trillion higher today than it was ten years ago, which is astounding. But it’s about $700 billion lower than it was three months ago, which is honestly nothing. Yet one of those figures creates ten times the headlines, ten times the attention, ten times the emotions, ten times the introspection. It has nothing to do with the level of wealth and everything to do with the trajectory."
A link to the whole article:
https://www.collaborativefund.com/blog/ ... wealthier/
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Re: Biden's Stock Market - 31,164 on Day 1.
I would love to know where these numbers were pulled from...B-Tender wrote: ↑Thu Jun 30, 2022 11:48 pm Just a bit of perspective, not because I am supporting the current administration, but to keep myself calm during a turbulent time.
"U.S. household net worth is $80 trillion higher today than it was ten years ago, which is astounding. But it’s about $700 billion lower than it was three months ago, which is honestly nothing. Yet one of those figures creates ten times the headlines, ten times the attention, ten times the emotions, ten times the introspection. It has nothing to do with the level of wealth and everything to do with the trajectory."
A link to the whole article:
https://www.collaborativefund.com/blog/ ... wealthier/
Adding 80 trillion dollars to ~125 million households over the course of 10 years means the average household 'net worth' raised ~$640,000.
Highly unlikely.
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Re: Biden's Stock Market - 31,164 on Day 1.
80 trillion / 125 million is the same as 80,000/125 which is 640. So, over 10 years, each household income grew around $640.Cassandros wrote: ↑Fri Jul 01, 2022 12:26 amI would love to know where these numbers were pulled from...B-Tender wrote: ↑Thu Jun 30, 2022 11:48 pm Just a bit of perspective, not because I am supporting the current administration, but to keep myself calm during a turbulent time.
"U.S. household net worth is $80 trillion higher today than it was ten years ago, which is astounding. But it’s about $700 billion lower than it was three months ago, which is honestly nothing. Yet one of those figures creates ten times the headlines, ten times the attention, ten times the emotions, ten times the introspection. It has nothing to do with the level of wealth and everything to do with the trajectory."
A link to the whole article:
https://www.collaborativefund.com/blog/ ... wealthier/
Adding 80 trillion dollars to ~125 million households over the course of 10 years means the average household 'net worth' raised ~$640,000.
Highly unlikely.
Highly likely.
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Re: Biden's Stock Market - 31,164 on Day 1.
Here's the link:
https://fred.stlouisfed.org/series/TNWBSHNO
The link combines households and non-profit orgs.
https://fred.stlouisfed.org/series/TNWBSHNO
The link combines households and non-profit orgs.
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Re: Biden's Stock Market - 31,164 on Day 1.
Its a lot of zeroes, even people who are good with numbers can miss a place.Animal wrote: ↑Fri Jul 01, 2022 12:42 am80 trillion / 125 million is the same as 80,000/125 which is 640. So, over 10 years, each household income grew around $640.Cassandros wrote: ↑Fri Jul 01, 2022 12:26 amI would love to know where these numbers were pulled from...B-Tender wrote: ↑Thu Jun 30, 2022 11:48 pm Just a bit of perspective, not because I am supporting the current administration, but to keep myself calm during a turbulent time.
"U.S. household net worth is $80 trillion higher today than it was ten years ago, which is astounding. But it’s about $700 billion lower than it was three months ago, which is honestly nothing. Yet one of those figures creates ten times the headlines, ten times the attention, ten times the emotions, ten times the introspection. It has nothing to do with the level of wealth and everything to do with the trajectory."
A link to the whole article:
https://www.collaborativefund.com/blog/ ... wealthier/
Adding 80 trillion dollars to ~125 million households over the course of 10 years means the average household 'net worth' raised ~$640,000.
Highly unlikely.
Highly likely.
But...
80,000,000,000,000
.........125,000,000
80,000,000
125
= 640,000
“The society that puts equality before freedom will end up with neither, the society that puts freedom before equality will end up with a great deal of both.” --Milton Friedman
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Re: Biden's Stock Market - 31,164 on Day 1.
Calling non-profits households is ridiculous...B-Tender wrote: ↑Fri Jul 01, 2022 1:08 am Here's the link:
https://fred.stlouisfed.org/series/TNWBSHNO
The link combines households and non-profit orgs.
But now it makes sense why that number is so high.
Cut them out and Animal's $640 is probably spot on.
“The society that puts equality before freedom will end up with neither, the society that puts freedom before equality will end up with a great deal of both.” --Milton Friedman