American Economics Thread

[AssassinsMace]

The recent job report is an anomaly likely.

1. People in the US have received a handful of cash. Never have they been in the position before.

2. Doing work from home have introduced to people to the negatives of working in the office cubicles. Many who lost job or got furloughed may not be interested in returning to the same kind of jobs.

I'd wait another month or two to guage the impact on US workforce. That's enough time to have people run out of their Fed honeymoon.

Well they were predicting a millions jobs. If they had a clue they would've just said 250,000. A million in a month is huge. 250,000 was nothing to brag about before the pandemic.

 

[siegecrossbow]

Printing money is like taking drugs. After a while you become acclimated to the effects and need higher dosages to get high.

 

[hashtagpls]

Stagflation is upon the anglo americans; maybe this time, they might actually have decent disco music as well to boot: Stagflation 2: Electric Boogaloo.

Anyone notice the massive increase in crypto whilst the share market has been fairly stagnant this past month, and rich old white men are buying gold?

 

[caudaceus]

Stagflation is upon the anglo americans; maybe this time, they might actually have decent disco music as well to boot: Stagflation 2: Electric Boogaloo.

Anyone notice the massive increase in crypto whilst the share market has been fairly stagnant this past month, and rich old white men are buying gold?

Stagflation made Carter a one term president and welcomed Reagan.
So will Trump be the second coming of Reagan?

 

[voyager1]

Stagflation is upon the anglo americans; maybe this time, they might actually have decent disco music as well to boot: Stagflation 2: Electric Boogaloo.

Anyone notice the massive increase in crypto whilst the share market has been fairly stagnant this past month, and rich old white men are buying gold?

Lol. Dogecoin as well..

When people consider dollars as toilet paper thats what happens. People are trying to find somewhere to store their money

The super rich know that the game is up which is why they are rushing to invest in other assets. Now for the common people...I feel sorry for them

 

[siegecrossbow]

Stagflation made Carter a one term president and welcomed Reagan.
So will Trump be the second coming of Reagan?

Reagan came from a poor family and knew what it was like to fight from the bottom rung of the society to the top. What does Trump know?

 

[hashtagpls]

Stagflation made Carter a one term president and welcomed Reagan.
So will Trump be the second coming of Reagan?

Lol. Dogecoin as well..

When people consider dollars as toilet paper thats what happens. People are trying to find somewhere to store their money

The super rich know that the game is up which is why they are rushing to invest in other assets. Now for the common people...I feel sorry for them

the decline and weakening of the USD is already happening as we speak

Reagan came from a poor family and knew what it was like to fight from the bottom rung of the society to the top. What does Trump know?

What we have here, gentlemen, are the ingredients for American authoritarianism nee fascism.

Even if 75 year old trump doesn't win the next election, the declining and anxious white and white hispanic voters might well vote in a Cotton or Hawley who may as well be the next hitler.

 

[steel21]

Reagan came from a poor family and knew what it was like to fight from the bottom rung of the society to the top. What does Trump know?

Reagan put into motion a lot of the root causes of today's problems.

• Reagan introduced trickle down economic theory to the masses.
• Reagan introduced religion into active political fray.
• Reagan reduced the role of "FCC Faireness Dcotrine" in media
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• Reagan popularized the mantra "Government is the problem".
• His War on Drug and welfare reform instigated much of the racial divide we see today.

From a product evolutionary trendline perspective, the populist path was always going to happen. That it happened under period of American growth and global dominance gave the populace the false impression that Reagan's policies were not the result but the cause of American Exceptionalism.

 

[siegecrossbow]

Reagan put into motion a lot of the root causes of today's problems.

• Reagan introduced trickle down economic theory to the masses.
• Reagan introduced religion into active political fray.
• Reagan reduced the role of "FCC Faireness Dcotrine" in media
  Please, Log in or Register to view URLs content!
• Reagan popularized the mantra "Government is the problem".
• His War on Drug and welfare reform instigated much of the racial divide we see today.

From a product evolutionary trendline perspective, the populist path was always going to happen. That it happened under period of American growth and global dominance gave the populace the false impression that Reagan's policies were not the result but the cause of American Exceptionalism.

My view on Reagan is fifty-fifty. He led the US to Cold War victory but also buried problems that surfaced in the decades following his reign.

 

[steel21]

My view on Reagan is fifty-fifty. He led the US to Cold War victory but also buried problems that surfaced in the decades following his reign.

Cold-war was not a war that needs to be "won".

It is far more preferable to keep a weakened USSR around than to be the sole hyper-power.

If USSR was still around, AQ would have risen, or they would be more focused targeting Russians. The Europeans would be more manageable from a US perspective.

Look if there was no Joker, Batman would just be another lunatic. Every good guy needs a bad guy, preferably weakened, but not stirred.