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Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing


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Omg.

 

This should be flagged by Twitter as disinformation 

 

Hey Saki, didn't you all just say last week increasing oil production won't do anything to help prices.  

 

 

 

 

 

What a sad state the people of Wokeistan live in.  Imagine taking and accepting being lied to like this because they know how stupid you are. 

 

You follow @BrooklynDadDefiant for your news so you know what's going on.  

 

Well the word is out they really want you to blame Putin for paying $80 to fill your tank 5 times a month.  

 

Let that number sink in.  

 

We're headed toward disaster.   

Edited by Big Blitz
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11 hours ago, RaoulDuke79 said:

Seriously...No matter what party you identify with, can anyone name one positive accomplishment this dunce in office has accomplished? You can't screw up this bad by accident. 

Dude and his idiot Squad buddies are a total ***** mess.  What a mess.  

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13 hours ago, Big Blitz said:

Omg.

 

This should be flagged by Twitter as disinformation 

 

Hey Saki, didn't you all just say last week increasing oil production won't do anything to help prices.  

 

 

 

 

 

What a sad state the people of Wokeistan live in.  Imagine taking and accepting being lied to like this because they know how stupid you are. 

 

You follow @BrooklynDadDefiant for your news so you know what's going on.  

 

Well the word is out they really want you to blame Putin for paying $80 to fill your tank 5 times a month.  

 

Let that number sink in.  

 

We're headed toward disaster.   


“You may have noticed your gas prices going up this past week…..”

 

I stopped right there.  No need to go on after that.  

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https://www.google.com/amp/s/reason.com/2020/04/27/joe-bidens-latest-campaign-trail-target-is-milton-friedman-but-why/%3famp

 

We as Americans can not state he was not honest while campaigning. He was not gonna worry about free markets, national debt, inflation, or job creation which is what Friedman worked towards. He was worried only about getting enough votes counted to win, nothing else mattered because why else would you attack Friedman? 

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14 hours ago, RaoulDuke79 said:

Seriously...No matter what party you identify with, can anyone name one positive accomplishment this dunce in office has accomplished? You can't screw up this bad by accident. 

 

He's thoroughly discredited progressive governance for many years to come.  That's a pretty big accomplishment.

 

Oh, and the bipartisan infrastructure bill was an accomplishment, though they nearly bolluxed that one by trying to tie it to Build Back Better.

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14 hours ago, RaoulDuke79 said:

Seriously...No matter what party you identify with, can anyone name one positive accomplishment this dunce in office has accomplished? You can't screw up this bad by accident. 

Obama chaos=Trump chaos=Biden chaos.  It's all the same.  Biden's is just quieter.  The similarity is that "middle management" - your DOD, State Dept., CIA, CDC, NIH, feel emboldened in the vacuum to do what they want and that's why there's sooo much inconsistent policy and so much chaos.  

 

Not much different from Trump.  Or Obama. Or Bush.  That's why the last 22 years feel like we just lurch from one crisis to the next, unable to catch our breath.

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10 minutes ago, dpberr said:

Obama chaos=Trump chaos=Biden chaos.  It's all the same.  Biden's is just quieter.  The similarity is that "middle management" - your DOD, State Dept., CIA, CDC, NIH, feel emboldened in the vacuum to do what they want and that's why there's sooo much inconsistent policy and so much chaos.  

 

Not much different from Trump.  Or Obama. Or Bush.  That's why the last 22 years feel like we just lurch from one crisis to the next, unable to catch our breath.

 

In Trump's case, it was mostly manufactured.  From collusion to the phone call to bounties.  Joey's are mostly self-inflicted. 

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17 hours ago, Big Blitz said:

Omg.

 

This should be flagged by Twitter as disinformation 

 

Hey Saki, didn't you all just say last week increasing oil production won't do anything to help prices.  

 

 

 

 

 

What a sad state the people of Wokeistan live in.  Imagine taking and accepting being lied to like this because they know how stupid you are. 

 

You follow @BrooklynDadDefiant for your news so you know what's going on.  

 

Well the word is out they really want you to blame Putin for paying $80 to fill your tank 5 times a month.  

 

Let that number sink in.  

 

We're headed toward disaster.   

I watched it a couple of times and I’m still confused….Hey Peppermint Patty, is Ukraine the big country or the small country? Someone call Kamala….she’ll straighten this out. 😂

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37 minutes ago, PetermansRedemption said:

Are there actually Americans who are stupid enough to believe that February’s blow out inflation number is the result of Putin, whose invasion started about 4 days before the end of the month? Do people actually buy this blatant falsehood? 

 

Yeah, there are some who are that dumb.  Fortunately they're in the vast minority and all he's doing is insulting the intelligence of the rest, who will make their voices heard in November.

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9 hours ago, dpberr said:

Obama chaos=Trump chaos=Biden chaos.  It's all the same.  Biden's is just quieter.  The similarity is that "middle management" - your DOD, State Dept., CIA, CDC, NIH, feel emboldened in the vacuum to do what they want and that's why there's sooo much inconsistent policy and so much chaos.  

 

Not much different from Trump.  Or Obama. Or Bush.  That's why the last 22 years feel like we just lurch from one crisis to the next, unable to catch our breath.

Trump chaos of energy independence, relative peace in middle east, no Russian incursions, China not threatening to invade Taiwan, low unemployment, and low inflation. Man those were tough times for us who are not political hacks 

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6 minutes 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.

 

You'd be surprised.  It's amazing what some people will say instead of accepting/admitting the truth.

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No more drilling on federal lands.

 

No more drilling offshore.

 

No ability for the oil industry to drill, period.

 

But you know, PUTIN! RUSSIA!

 

They think we’re stupid.

 

Most of us are not.

 

 

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9 minutes ago, B-Man said:

 

 

 

 

No more drilling on federal lands.

 

No more drilling offshore.

 

No ability for the oil industry to drill, period.

 

But you know, PUTIN! RUSSIA!

 

They think we’re stupid.

 

Most of us are not.

 

 

The people that are paying attention aren’t the voters they expect to own

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19 minutes ago, B-Man said:

 

 

 

 

No more drilling on federal lands.

 

No more drilling offshore.

 

No ability for the oil industry to drill, period.

 

But you know, PUTIN! RUSSIA!

 

They think we’re stupid.

 

Most of us are not.

 

 

 

"I'm B-Man and I can think PASTE for myself *****!"

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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.

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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

 

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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

 

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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.  

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