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Economy Destroyed


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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. 

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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

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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

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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? :lol: 

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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 . . .

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Just now, Anler said:

 

Yes Ben, do you think we would be more or less destroyed under Hillary? :lol: 

That is how people with IQs hovering in the mid 90s respond to shit they can’t begin to grasp. 

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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.:lol:  

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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

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Just now, Highmark said:

God you're obtuse when it comes to certain things.   I feel sorry for you.:lol:  

Just a few short months ago you were posting

”debt to gdp at 170% isn’t that bad derp....look at Japan!!!”

fucking idiot 

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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 by Highmark
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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

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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 by Highmark
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6 minutes ago, Anler said:

 

Yes Ben, do you think we would be more or less destroyed under Hillary? :lol: 

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.  :news:

Yeah, I know, kill myself. 

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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.

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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.

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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.  

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3 minutes ago, Highmark said:

Well using those numbers its 135% and those numbers are not correct.  

You still wanna use 2019 :lol: 

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 by f7ben
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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 

 

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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?

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7 minutes ago, f7ben said:

You still wanna use 2019 :lol: 

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 by Highmark
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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.

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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 

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