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Old 04-27-2022, 08:08 AM   #4
Jim in CT
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Join Date: Jul 2008
Posts: 20,428
Quote:
Originally Posted by wdmso View Post
It’s world wide Jim

World in early stages of ‘very significant’ recession: Economist Nancy Lazar
Lazar also predicts 'lower inflation is coming' She said on FOX https://www.foxbusiness.com/economy/...st-nancy-lazar

COVID-19 lock downs in China disrupted global supply chains war in Ukraine,,Russia claiming nukes are a possibility yet. you keep claiming all these policies disasters but as far as I can tell Biden’s hasn’t made any changes or influence stocks or the market at all ….

Trump has tweeted about the stock market at least 60 times since his election in November 2016.
The president Aka Trump has explicitly tied his administration’s actions to stock market records but did not mention
markets during a public appearance

Another lie you bought into . that some how the POTUS has influence the stock market ,

The market has been in its own little bubble for the last 10 years with crazy valuations of companies who produced no tangible product , and now they are happy with taking what money they can running back to the sideline with their cash, so they can swoop in to buy everything back on the cheep and start all over again

Ps it’s funny you think Musk is your savior, or is it you think he’s owning the libs

From MUSK himself I am actually a socialist. Just not the kind that shifts resources from most productive to least productive, pretending to do good, while actually causing harm. True socialism seeks greatest good for all.

Let me guess hyperbole
Posted from my iPhone/Mobile device
"as far as I can tell Biden’s hasn’t made any changes or influence stocks or the market at all …. "

Biden printed trillions and trillions of dollars, and added them to the economy at a time when supplies of goods were low.

Since you claim to know a lot about macroeconomics, please tell us what you expect to happen, when goods are in short supply and money is everywhere?

Answer: hyper inflation. You'd OBVIOUSLY get hyper inflation in that scenario. How could you not get inflation on that scenario?
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