Showing posts with label GDP 2022. Show all posts
Showing posts with label GDP 2022. Show all posts
Saturday, December 24, 2022

CNN thinks November core inflation at 4.7% yoy is good news

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There's never any discussion about how core inflation vaulted to the current levels well before the war in Ukraine even began. The reaso...
Thursday, October 27, 2022

Nominal GDP is up $2.1 trillion in the last fiscal year, the national debt is up $2.5 trillion

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Wednesday, October 26, 2022

The Treasury yield curve compresses narrowly into a thin thread before recessions, so it looks like one is imminent

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Yield across the board right now is in the 4s except for one and two month money. The one year is the leader, roughly in the middle of the p...
Tuesday, October 11, 2022

Payback is a bitch, or why everything sucks

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Debt stopped buying economic growth, if it ever did in the first place, way back in 1982, but no one has seemed to notice. Prosperity based ...
Sunday, October 9, 2022

US GDP is so dead

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Saturday, October 8, 2022

The percentage holding full-time jobs through September 2022 held above 50%, disappointing the ubiquitous advocates of a Fed interest rate pivot

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 Full time as a percentage of civilian population in September was 50.3%, and for 2022 through September averaged 50.15%. Not bad, consideri...
Wednesday, September 28, 2022

Two consecutive quarters of negative Joe Biden GDP followed by a third projected to come in at less than 1% and Paul Krugman is worried about some other Zombie

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  Why Zombie Reaganomics Still Rules the GOP   Paul Krugman, New York Times
Friday, September 16, 2022

Biden has been dumping hundreds of thousands of illegal alien replacements for white people all around the country since Day 1, Martha's Vineyard finally gets 50 and it's a humanitarian crisis lol

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Sunday, September 4, 2022

Money printing getting way ahead of output is the cause of the current inflation

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  US GDP last clocked in at $ 24.883 trillion in 2Q. The total public debt at the end of 2Q is $ 30.569 trillion. That's now a mismatch...
Monday, August 29, 2022

LOL, fear-mongering spending lunatic at The Daily Beast gets nothing right about Nigeria, which has Africa's largest economy and a COVID-19 death record 55 TIMES better than the world's, and: "A few trillion in U.S. government spending isn't a lot of money"

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Gee, and Nigeria is only 14% jabbed . . . after all this time. The U.S. is COVAX’s biggest donor, but not its most generous. Both Germany an...
Friday, August 26, 2022

The Fed is all talk and no action fighting inflation

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 The effective federal funds rate stands at 2.33% and $8.85 trillion remains on the balance sheet while Powell makes speeches. Borrowing is ...
Thursday, August 4, 2022

49ers 13, Packers 10

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  Aaron Rodgers Credits Psychedelic Plant For 'Best Season of Career'...
Friday, July 29, 2022

America and its people have added over $12 trillion to their total credit market debt outstanding just since 2019, but that has done little but stall the decline of debt growth

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The $90 trillion millstone: We did it to ourselves . We are now in the future we tapped in the past for the prosperity of "debt draws f...
Thursday, July 28, 2022

The compound annual growth rate for US real GDP over the last 23 years continues almost 44% off the 1929-1999 rate of 3.53%

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Recent US GDP: Nominal / Real 4Q2021: $24.0028 trillion / $19.8063 trillion 1Q2022: $24.3867 trillion / $19.7279 trillion 2Q2022: $24.8518 t...
Saturday, July 16, 2022

LOL, on Tuesday July 12th Joe Biden told the president of Mexico in a meeting that America has the fastest growing economy in the world

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  Biden, once López Obrador finished, reminded him that America's economy is the fastest growing in the world, while showing no umbrage...
Wednesday, June 29, 2022

Meanwhile, tonight's ratio of S&P 500 to GDP (latest figure released today) is still wildly high at 156.59, an unprecedented level simply unexampled from 1929 until lately

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  Q1 2022:   $ 24.386734 trillion   S&P 500: 3818.83 
Saturday, May 21, 2022

Rod Dreher goes hunting a confederacy of dunces, bags prey from The Week, National Review, Religion News Service, The New Republic, Reason, NYMag, and Vox

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Thursday, May 12, 2022

American real economic growth rates in the 21st century are a catastrophe, down 44% from their 20th century levels 1929-1999

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GDPCA, compound annual growth rates 1929-1999: 3.534% (almost 79% better than 1999-2021) 1999-2021: 1.979% (-44.001% from 1929-1999)  1977-1...
Friday, May 6, 2022

49.8% of civilian population had full time jobs in April 2022: Potential room for at least 9.9 million more full time at year 2000 experience

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On average in 2022 to date, there were 130.871 million employed full time at average civilian noninstitutional population level of 263.382 m...