I think we're all gonna be eating sh!t for the rest of the year. Next year we make it all back. Mild recession2022 Q4, as well as Q1 and Q2 2023, recovery Q3 and Q4.
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We're already in recession.I think we're all gonna be eating sh!t for the rest of the year. Next year we make it all back. Mild recession2022 Q4, as well as Q1 and Q2 2023, recovery Q3 and Q4.
Can you start a YouTube channel?A couple of days ago I bought some UEC stock and then it went up that day and I sold and I made 150 dollars.
I guess I am a day trader now.
CokeRat Cramer already does that on CNBC.I thought of doing that and giving all the wrong advice.
I had that same thought after I wrote that.CokeRat Cramer already does that on CNBC.
Yeah and look how much money that guy makes from CNBC!CokeRat Cramer already does that on CNBC.
How will this help now that Germany gets all its gas from Norway and the US now? Are they capping the price of our gas?It's rather comical watching the beginnings of this crisis play out. The only thing I can figure is these guys are so accustomed to a free money 0% economy they don't have clue how to operate when things start to get real.
I'd guess the BoE pension/taxcut/QE debacle is making Wall St second guess their trust in the Fed's inflation fight...The fact the BoE already pivoted and surrendered to inflation is a real-life reminder of how central banks play it when push comes to shove thus giving a preview of the Fed's future actions.
Of course we here at the erBB have already known since the beginning the Fed is not serious about fighting inflation and will eventually pivot as well, allowing inflation to run hot and putting it on Congress to enact price controls.
And when you see Germany doing stuff like this...
Germany introduces €200B gas price cap to counter Russia’s ‘energy war’
Planned economic safeguard measure would cost billions, requiring a derogation from German debt rules.www.politico.eu
It's pretty clear that all we're headed towards another 2008-style meltdown. I don't understand all of this since I work on real stuff but neither do the people making complex/fake financial contraptions.lolz
U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases
The Fed’s rate increases so far this year would reduce poor countries’ economic output by $360 billion over three years, and that further policy tightening would do additional harm, a U.N. agency warns.www.wsj.com
so the sky is falling? asking for a friend.How will this help now that Germany gets all its gas from Norway and the US now? Are they capping the price of our gas?
It's pretty clear that all we're headed towards another 2008-style meltdown. I don't understand all of this since I work on real stuff but neither do the people making complex/fake financial contraptions.
What used to be bad news is now good news is bad news.It may be a suckers rally, but it still goes VROOOOOOOOOM!!!!!
The Fed has one knob left - its balance sheets. It can't touch the interest rates anymore.What used to be bad news is now good news is bad news.
What will be fun to watch is when people realize less jobs won't control inflation, in fact inflation will worsen with more unemployment.