spin_dry Posted September 24, 2022 Share Posted September 24, 2022 Even at 86, Icahn remains one of Wall Street’s most respected minds, and this year he has repeatedly warned the U.S. economy and stock market are in trouble. The investor argues the Federal Reserve boosted asset prices to unsustainable levels amid the pandemic using near-zero interest rates and quantitative easing—a policy where central banks buy mortgage backed securities and government bonds in hopes of spurring lending and investment. “We printed up too much money, and just thought the party would never end,” he said, adding that with the Fed switching stances and raising rates to fight inflation, he now believes “the party’s over.” Quote Link to comment Share on other sites More sharing options...
Anler Posted September 24, 2022 Share Posted September 24, 2022 Well Carl understands math so... Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 24, 2022 Author Share Posted September 24, 2022 $1.80 gasoline, negative interest rates, illegal abortions, lapel pin US flags, and 50 foot walls. ‘Merica. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted September 24, 2022 Share Posted September 24, 2022 The Trump years Spinner don’t forget your buddy Biden’s years, he’s adding to it and much worse mind you. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 24, 2022 Author Share Posted September 24, 2022 1 minute ago, snoughnut said: The Trump years Spinner don’t forget your buddy Biden’s years, he’s adding to it and much worse mind you. A large part of what’s happening is the fed tightening it up. You do understand this. Right? Quote Link to comment Share on other sites More sharing options...
Anler Posted September 24, 2022 Share Posted September 24, 2022 3 minutes ago, spin_dry said: A large part of what’s happening is the fed tightening it up. You do understand this. Right? Most Americans don't understand any of it. Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted September 24, 2022 Share Posted September 24, 2022 21 minutes ago, spin_dry said: Even at 86, Icahn remains one of Wall Street’s most respected minds, and this year he has repeatedly warned the U.S. economy and stock market are in trouble. The investor argues the Federal Reserve boosted asset prices to unsustainable levels amid the pandemic using near-zero interest rates and quantitative easing—a policy where central banks buy mortgage backed securities and government bonds in hopes of spurring lending and investment. “We printed up too much money, and just thought the party would never end,” he said, adding that with the Fed switching stances and raising rates to fight inflation, he now believes “the party’s over.” So Trump was the only one in the last 20 yrs to print money and prop up the market ? Got it wet market boy Quote Link to comment Share on other sites More sharing options...
snoughnut Posted September 24, 2022 Share Posted September 24, 2022 34 minutes ago, spin_dry said: A large part of what’s happening is the fed tightening it up. You do understand this. Right? I understand it, just don’t be so selective at who’s to blame. Make sure you include all the idiots running the money printing machine. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted September 24, 2022 Share Posted September 24, 2022 1 hour ago, snoughnut said: I understand it, just don’t be so selective at who’s to blame. Make sure you include all the idiots running the money printing machine. collectively, it’s pretty clear that our Congress is not full of the best and brightest minds in the country. It was their job to pass budgets that were not full of pork and pay back to their campaign benefactors. The jury is still out about how Covid happened and the world‘s response to it. It seems also pretty clear by now that shutting down the country for the better part of two years was a colossal mistake, and the damage it caused as yet to be quantified. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 24, 2022 Author Share Posted September 24, 2022 56 minutes ago, DriftBusta said: collectively, it’s pretty clear that our Congress is not full of the best and brightest minds in the country. It was their job to pass budgets that were not full of pork and pay back to their campaign benefactors. The jury is still out about how Covid happened and the world‘s response to it. It seems also pretty clear by now that shutting down the country for the better part of two years was a colossal mistake, and the damage it caused as yet to be quantified. China is still shutting down massive portions of the country whenever there’s a Covid breakout. Literally locking people in there homes. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 24, 2022 Share Posted September 24, 2022 3 hours ago, spin_dry said: China is still shutting down massive portions of the country whenever there’s a Covid breakout. Literally locking people in there homes. Thankfully cause we need em here so Americans can buy trinkets that make em feeeeeel gooood. Quote Link to comment Share on other sites More sharing options...
Gold Member poopooforme Posted September 24, 2022 Gold Member Share Posted September 24, 2022 @MainecatDo you ever post anything that is relatable? I mean come on man I haven't seen one og thought from you yet.... Quote Link to comment Share on other sites More sharing options...
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