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Post by Sigurdur on Aug 31, 2023 15:40:01 GMT
US is in a huge mess. Fed gov deficits continued over TRILLION $ levels. Yet...the economy is slowing.
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Post by missouriboy on Aug 31, 2023 16:52:55 GMT
Whole lot of defaults coming up on credit card debt.
But treasuries are back over 5%.
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Post by ratty on Sept 1, 2023 1:17:16 GMT
We still need a 'Do not like' button.
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Post by gridley on Sept 1, 2023 11:23:30 GMT
thefederalist.com/2023/08/28/economists-have-womens-workforce-participation-all-wrong/"The message of the article was one that has been repeated often in the last year on NPR, the Associated Press, the BBC, and other corporate media sources. According to global elites who control these publications, there can be only one successful economic trajectory for all countries, and it involves women going to work at rates similar to those of men." "The biggest oddity of all is that no one asks about the effect of increased female workforce participation on overall fertility." "What we know in hindsight is that women’s increased participation in the economy has had a direct correlation with lower fertility everywhere in the world, without exception. And it is a correlation compounded by the two-income trap, whereby the price of living increases exponentially and forces even women who want to spend more time being mothers into the labor force to merely survive."
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Post by walnut on Sept 1, 2023 12:44:05 GMT
thefederalist.com/2023/08/28/economists-have-womens-workforce-participation-all-wrong/"The message of the article was one that has been repeated often in the last year on NPR, the Associated Press, the BBC, and other corporate media sources. According to global elites who control these publications, there can be only one successful economic trajectory for all countries, and it involves women going to work at rates similar to those of men." "The biggest oddity of all is that no one asks about the effect of increased female workforce participation on overall fertility." "What we know in hindsight is that women’s increased participation in the economy has had a direct correlation with lower fertility everywhere in the world, without exception. And it is a correlation compounded by the two-income trap, whereby the price of living increases exponentially and forces even women who want to spend more time being mothers into the labor force to merely survive." This may have affected China quite a bit?
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Post by missouriboy on Sept 1, 2023 19:18:09 GMT
If your butt isn't on the line, deflating bubbles are interesting to watch. Unfortunately, those that are out of money and out of credit are out of luck.
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Post by missouriboy on Sept 1, 2023 20:31:14 GMT
I agree with Ron Paul. Now ... which forces are going to come together to ensure we come out of this in a better position than we are now. Screw the fringe views. Now is the time to agree upon that which we can agree upon ... avoid the things that will bankrupt the Country ... and keep talking about the rest. Those who want to fight should understand how "they" might come out the other end. Past performances (including ongoing) suggest unpleasantness and bad effects on productiveness. Fourth Turnings are not good places for unbridgeable divisions. We should remember our own Civil War. The Authoritarian Puritan Mann-Jabbers of the enlarged Demo-coalition need to lose their support amongst the slightly confused hinterland. Let logic rule and fix some obvious idiocies.
Peoples crying bout burning coal, but not the poor souls whose digging it. I reckon there's been a many good man in the grave trying to keep our houses lit.
Down in the oil fields, the pipelines, the linemen, the coal mines. So we can sit at home and plug in new fangled bullshit.
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Post by justme on Sept 1, 2023 23:44:23 GMT
How high will oil prices go? We are quietly at a 9 month high. The strategic oil reserves are low from previous drawdowns due to high oil prices. There is little geopolitical leverage, to get OPEC countries to increase production. High oil prices will lead to more inflation. Interest rates are at the point where any further raise riskes crashing the markets and high unemployment.
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Post by glennkoks on Sept 2, 2023 3:56:12 GMT
How high will oil prices go? We are quietly at a 9 month high. The strategic oil reserves are low from previous drawdowns due to high oil prices. There is little geopolitical leverage, to get OPEC countries to increase production. High oil prices will lead to more inflation. Interest rates are at the point where any further raise riskes crashing the markets and high unemployment. Not far considering the economy and demand in China is shrinking...
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Post by nonentropic on Sept 2, 2023 5:34:22 GMT
I don't think oil demand will fall much in China and world oil demand is still rising. Oil production has quietly moved from our control to others and they are really focused on themselves.
Oil at $100/bbl is tolerable but some inflation and pain will be experienced.
The US will enjoy a period of different folks with money, Europe experience less money.
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Post by missouriboy on Sept 2, 2023 13:29:47 GMT
I don't think oil demand will fall much in China and world oil demand is still rising. Oil production has quietly moved from our control to others and they are really focused on themselves. Oil at $100/bbl is tolerable but some inflation and pain will be experienced. The US will enjoy a period of different folks with money, Europe experience less money. Care to be any more effect-specific?
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Post by nonentropic on Sept 2, 2023 19:25:37 GMT
yes the price of oil rises and fuel is more expensive to every citizen of US but the Permian basin and others do very well net cash the same.
Europe is largely an importer so the celebrations are also largely not in Europe.
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Post by glennkoks on Sept 6, 2023 18:57:26 GMT
"Federal budget deficit projected to double this year to 2 trillion" This has everyone in Washington in a frenzy as they come back from recess. They are literally just now realizing the current rate of spending is nowhere near sustainable. I am not sure what the deadline is before this starts effecting our economy in a very real way but it just can't be that far off. It may already be effecting our economy. The market is actually down from where it was two years ago today. www.foxbusiness.com/economy/us-federal-budget-deficit-projected-double-year
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Post by justme on Sept 14, 2023 13:47:34 GMT
How high will oil prices go? We are quietly at a 9 month high. The strategic oil reserves are low from previous drawdowns due to high oil prices. There is little geopolitical leverage, to get OPEC countries to increase production. High oil prices will lead to more inflation. Interest rates are at the point where any further raise riskes crashing the markets and high unemployment. Not far considering the economy and demand in China is shrinking... www.cnbc.com/2023/09/14/us-crude-oil-prices-top-90-a-barrel-for-the-first-time-since-november-2022.html
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Post by justme on Sept 15, 2023 21:08:08 GMT
Is The FED done raising rates?
While they have been adamant, inflation needs to get back to 2 percent, the economy shows signs of slowing down.
Further rate increases risk of a recession.
While higher oil prices increases inflation, my guess is, they will start cutting rates by the end of the year.
When corporate earnings decline, the stock market declines. At a certain point unemployment increases. Mass unemployment does not get politicians reelected.
What good in low inflation, when you have limited or no income?
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