[Armageddon]

Read it slowly

The FED has doubled its balance sheet since 2020 & total US nonfinancial credit is up 50% to 67.6 trillion. The Fed has raised interest rates 375 basis points in just 8 months...We have never witnessed such an obvious recipe for policy disaster!

I’ll give you a hint…. In the 2008 crises, which I predicted in 2006, they lowered rates to zero to avoid collapse. Gee, I wonder what the difference is in this one?

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', 'R')ead it slowly

[AdamB]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', 'R')ead it slowly

[Armageddon]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', 'R')ead it slowly

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('AdamB', '
')Why? Do bad ideas get better if you sound them out? Is that how your hertz mind operates in a gigahertz world?

[Armageddon]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('AdamB', '
')Why? Do bad ideas get better if you sound them out? Is that how your hertz mind operates in a gigahertz world?

[jato0072]

$this->bbcode_second_pass_quote('', 'Y')ou are a waste of time. I’m done responding to you. You are either a troll or a shill anyway. Bye

[AdamB]

$this->bbcode_second_pass_quote('Armegeddon', '')$this->bbcode_second_pass_quote('AdamB', 'T')o heck with science denying, shall we start at the beginning? CAN YOU READ? Monosyllable, 3 words, 10 letters, a question mark. Binary solution set, each solution a monosyllable.

PM if you want some help sounding out any of the words or anything.

[AdamB]

$this->bbcode_second_pass_quote('jato0072', '')$this->bbcode_second_pass_quote('', 'Y')ou are a waste of time. I’m done responding to you. You are either a troll or a shill anyway. Bye

[Outcast_Searcher]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', '
')Read it slower and maybe 3 more times to comprehend it since you missed it.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('yellowcanoe', '')$this->bbcode_second_pass_quote('Armageddon', 'U').S. homebuyer must now earn $107,281 to afford typical $2,682 monthly mortgage payment, up 45.6% from $73,668 a year ago per @Redfin

Good luck with that

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Armageddon', '1'). Housing market falling at fastest pace since 2008

2. Tech layoffs above 2001 levels

3. Credit card debt near $1 trillion for first time

4. Crypto and FTX collapse mark $2 trillion+ in losses

5. Consumer confidence at all time low


Lookin good

[Outcast_Searcher]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', '
')I'm not sure people have fully grasped how bad this Housing Recession/Crash is.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', ' ')You people have no idea what’s coming.

[Armageddon]

More Americans are tapping their 401(k)s for financial emergencies, with the percentage of retirement savers pulling money for hardships spiking 24% in the 12 months

Add this to the record credit card and you can see what’s happening.


We are in the calm before the storm. This will be 2008 on steroids.

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', '
')We are in the calm before the storm. This will be 2008 on steroids.

[Armageddon]

Russia and China are developing a system of settlements which could allow cross-border transactions without using the Western financial messaging system.

We now have Africa's second-largest gold producer planning to pay for oil with gold as central banks stockpile.

Interesting?

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', 'R')ussia and China are developing a system of settlements which could allow cross-border transactions without using the Western financial messaging system.
We now have Africa's second-largest gold producer planning to pay for oil with gold as central banks stockpile.
Interesting?

[Tanada]

INXS Nope, no censorship, I just moved the UFO discussion to the UFO thread where it is on topic instead of leaving it in the Stock Market discussion thread.

UFO Discussion

[Armageddon]

Today's weak economic data suggests Q4 GDP will be sharply negative. The Nov. Chicago PMI collapsed to 37.2, 10 points below the consensus forecast. The Oct. goods trade deficit soared to $99 billion, 10% above estimates. Powell still talks about a soft landing. It's a crash.