Platinum Contributing Member Highmark Posted August 5, 2020 Platinum Contributing Member Share Posted August 5, 2020 Just now, f7ben said: You never fail to defend QE and Stimulus and deficit spending when it’s an R You deflect and defend and make excuses It’s fucking pathetic Bullshit. Your memory sucks. The most I've done is explain some difference between the types of QE. That just so happen to be over your head. Sorry you are unable to see the difference. Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 1 minute ago, Highmark said: I agree with that but just because its self inflicted doesn't take away from the size of the impact. There has been no impact. Stocks are at record highs and the rich are far richer than they were 4 months ago Nobody gives a fuck if 30 million people have no job ...that’s not important Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 1 minute ago, Highmark said: Bullshit. Your memory sucks. The most I've done is explain some difference between the types of QE. That just so happen to be over your head. Sorry you are unable to see the difference. You’ve made excuses and supported those that perpetrate it. Sorry fraud Quote Link to comment Share on other sites More sharing options...
Anler Posted August 5, 2020 Share Posted August 5, 2020 23 minutes ago, f7ben said: Private payrolls destroyed .....we haven’t even begun to feel the pain coming Dont worry though ....Fed gonna announce indefinite 0% rates today Economy completely destroyed and SP500 rallying hard on bad news because MORE STIMULUS DERRRRRR We live in 100% corrupt corporate socialism ....there is zero free market left and that is a fact 20 minutes ago, irv said: Curious, how do you think Hillary and the Dems would have handled all this if everything was equal with the media and all the current protests, etc? Yes Ben, do you think we would be more or less destroyed under Hillary? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted August 5, 2020 Share Posted August 5, 2020 Just now, f7ben said: There has been no impact. Stocks are at record highs and the rich are far richer than they were 4 months ago Nobody gives a fuck if 30 million people have no job ...that’s not important Rich? How many average Joe's pensions are invested into the markets alongside everyone else? Oh right, they have an obligation to folks no matter what the current world event. This should really be common sense to most but then . . . Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 Just now, Anler said: Yes Ben, do you think we would be more or less destroyed under Hillary? That is how people with IQs hovering in the mid 90s respond to shit they can’t begin to grasp. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 5, 2020 Platinum Contributing Member Share Posted August 5, 2020 1 minute ago, f7ben said: You’ve made excuses and supported those that perpetrate it. Sorry fraud God you're obtuse when it comes to certain things. I feel sorry for you. Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 Just now, ArcticCrusher said: Rich? How many average Joe's pensions are invested into the markets alongside everyone else? Oh right, they have an obligation to folks no matter what the current world event. This should really be common sense to most but then . . . Listen you stupid cunt....pensions were invested in stable value until central banks dropped rates to 0 Bow they have no choice but to be exposed to equity markets and massive risk You are so fucking dumb it makes my head hurt Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 Just now, Highmark said: God you're obtuse when it comes to certain things. I feel sorry for you. Just a few short months ago you were posting ”debt to gdp at 170% isn’t that bad derp....look at Japan!!!” fucking idiot Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 5, 2020 Platinum Contributing Member Share Posted August 5, 2020 (edited) Just now, f7ben said: Just a few short months ago you were posting ”debt to gdp at 170% isn’t that bad derp....look at Japan!!!” fucking idiot No I said where we were at that time (105%) wasn't that bad as compared to the rest of the world. Originally this looked to take us to about 125% Edited August 5, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 Just now, Highmark said: No I said where we were at that time (105%) wasn't that bad as compared to the rest of the world. We were not at 105% at the time and we haven’t been there for a while. You were using old numbers and glossing over what was being done spending wise Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 5, 2020 Platinum Contributing Member Share Posted August 5, 2020 (edited) Just now, f7ben said: We were not at 105% at the time and we haven’t been there for a while. You were using old numbers and glossing over what was being done spending wise Derp....like usual you are wrong. https://fred.stlouisfed.org/series/GFDEGDQ188S Edited August 5, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
irv Posted August 5, 2020 Share Posted August 5, 2020 6 minutes ago, Anler said: Yes Ben, do you think we would be more or less destroyed under Hillary? Not a chance Hillary and Dems would have handled this any better. If you think they would have and not fucked up things even worse, then I can't help you with that. 5 minutes ago, f7ben said: That is how people with IQs hovering in the mid 90s respond to shit they can’t begin to grasp. Coming from a guy who has no idea how to diversify and invest and is wrong 90% of the time when it comes to financial awareness. Yeah, I know, kill myself. 1 Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 3 minutes ago, Highmark said: Derp....like usual you are wrong. https://fred.stlouisfed.org/series/GFDEGDQ188S Total debt is 27 trillion and GDP is less than 20 trillion Do the math you retard Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted August 5, 2020 Share Posted August 5, 2020 37 minutes ago, f7ben said: Private payrolls destroyed .....we haven’t even begun to feel the pain coming Dont worry though ....Fed gonna announce indefinite 0% rates today Economy completely destroyed and SP500 rallying hard on bad news because MORE STIMULUS DERRRRRR We live in 100% corrupt corporate socialism ....there is zero free market left and that is a fact Payrolls should be fine with the massive PPP free money. Tons of places just around here got massive money & never even shut down. Quote Link to comment Share on other sites More sharing options...
ManOnManOral Posted August 5, 2020 Share Posted August 5, 2020 25 minutes ago, f7ben said: It was planned....the financial system was collapsing and they needed an excuse to lower rates to 0% and Jam an unprecedented level of liquidity into markets. The excuse could have simply been that the system was failing. No need for a fake pandemic. No need to worsen it by halting the economy. You are so very obtuse. the spending is in fact helping the poor such as yourself. You get to keep your house. Being you are so financially inept, never planned for your future, and would have lost it otherwise. Be thankful. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 5, 2020 Platinum Contributing Member Share Posted August 5, 2020 4 minutes ago, f7ben said: Total debt is 27 trillion and GDP is less than 20 trillion Do the math you retard Well using those numbers its 135% and those numbers are not correct. Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 (edited) 3 minutes ago, Highmark said: Well using those numbers its 135% and those numbers are not correct. You still wanna use 2019 All 4 quarters this year will be down significantly year over year. The economy contracted 2.5 trillion in Q2 alone When you take the new stimulus and the rest of the 2020 deficit spending into account you can easily see us at 29-30 trillion by end of 2020 GDP at best will be 19 trillion Edited August 5, 2020 by f7ben Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 4 minutes ago, ManOnManOral said: The excuse could have simply been that the system was failing. No need for a fake pandemic. No need to worsen it by halting the economy. You are so very obtuse. the spending is in fact helping the poor such as yourself. You get to keep your house. Being you are so financially inept, never planned for your future, and would have lost it otherwise. Be thankful. I’d bet $100 I made double what you made from 2010-2020 and that’s in USD Not your faggoty little nook play money Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted August 5, 2020 Share Posted August 5, 2020 22 minutes ago, f7ben said: Listen you stupid cunt....pensions were invested in stable value until central banks dropped rates to 0 Bow they have no choice but to be exposed to equity markets and massive risk You are so fucking dumb it makes my head hurt You have no pension and no savings. That falls squarely on you. Yet, I'm the dumb one? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted August 5, 2020 Platinum Contributing Member Share Posted August 5, 2020 (edited) 7 minutes ago, f7ben said: You still wanna use 2019 All 4 quarters this year will be down significantly year over year. The economy contracted 2.5 trillion in Q2 alone When you take the new stimulus and the rest of the 2020 deficit spending into account you can easily see us at 29-30 trillion but end of 2020 GDP at best will be 19 trillion Going to be closer to 20. Even using those numbers of 27 and 20 1.35 is bad but not like you are making it out to be. You seem to forget that govt spending is included in GDP calc's not just on the deficit side. https://conference-board.org/research/us-forecast#:~:text=Following a large rebound of,for 2020 on the whole. Edited August 5, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted August 5, 2020 Share Posted August 5, 2020 2 minutes ago, f7ben said: I’d bet $100 I made double what you made from 2010-2020 and that’s in USD Not your faggoty little nook play money Yet you have nothing to show for it. Quote Link to comment Share on other sites More sharing options...
ManOnManOral Posted August 5, 2020 Share Posted August 5, 2020 Just now, f7ben said: I’d bet $100 I made double what you made from 2010-2020 and that’s in USD Not your faggoty little nook play money You may have, however, it is not how much you make, it is how you manage those funds. So, lets say you did make 4 million in the last ten years. How is it you are financially concerned? You are not house poor, you live in a cheap dump. You have obviously wasted most of your earnings on stupidity. Now you are financially stressed, are suffering mentally because of it, and are going to, kill yourself. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted August 5, 2020 Share Posted August 5, 2020 38 minutes ago, NaturallyAspirated said: No worse than fuckwad Trump. Neal that is a ez out . now awnser the question Quote Link to comment Share on other sites More sharing options...
f7ben Posted August 5, 2020 Author Share Posted August 5, 2020 Just now, ArcticCrusher said: Yet you have nothing to show for it. I’m half way to a vested pension with 3x my yearly salary in my 401ks at age 40 I owe very little on my home and have little debt Why do you ignorant faggot ass retard have to make shit up and lie Quote Link to comment Share on other sites More sharing options...
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