Aman A.K.A. Ahamburger
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Viva La Revolucion!
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Post by Aman A.K.A. Ahamburger on Aug 26, 2013 0:56:34 GMT -5
No doubt USAwon, I think you can add Iran to list of brick shitters as well.. It's like a big game of chess... While there are some similarities to the 1980's here, there is no need for the USA to "stay ahead" of anyone this time. The commies in Russia or in tatters and almost gone for good, Japan didn't take the USA over in GDP, and China right now needs the US so badly it's not even funny. This time around it can be a natural recovery, which will take a long time I'm sure. But in the end The American Renaissance is going to finish socialism off, and keep those Federal Reserve notes flowing for a very long time(a millennium perhaps).
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Aman A.K.A. Ahamburger
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Viva La Revolucion!
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Post by Aman A.K.A. Ahamburger on Aug 27, 2013 3:09:15 GMT -5
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damnotagain
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Post by damnotagain on Aug 27, 2013 7:43:53 GMT -5
By comparing the drop in the labor participation rate to the chart for M2V it's not hard to see That there is no recovery. People can not be spending less money in a recovering economy. data.bls.gov/pdq/SurveyOutputServlet
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Aman A.K.A. Ahamburger
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Viva La Revolucion!
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Post by Aman A.K.A. Ahamburger on Aug 27, 2013 11:19:19 GMT -5
Really? Why not?
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Aug 27, 2013 11:38:14 GMT -5
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mmhmm
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It's a great pity the right of free speech isn't based on the obligation to say something sensible.
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Post by mmhmm on Aug 27, 2013 12:47:55 GMT -5
Thanks, guys! Your efforts to discuss instead of fight are really helpful. I'm getting an ejumacashun here!
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damnotagain
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Post by damnotagain on Aug 27, 2013 13:25:44 GMT -5
The data also showed the gains in confidence occurred among wealthier Americans, with sentiment jumping for those with incomes of $100,000 or more. Sentiment decreased among households earning less than $25,000 a year. Your source , $100,000 not sure if joe is in that group. Joe lost his job due to outsourcing and the reduction in spending due to sequester!
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damnotagain
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Post by damnotagain on Aug 27, 2013 13:56:21 GMT -5
I am looking in my crystal ball! I see GDP at between 1 to 1.5% this year. Sizzling along. That's growth?
China considers 7% a downturn ?
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frankq
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Post by frankq on Aug 27, 2013 14:55:54 GMT -5
Adding to my positions today at these levels. Keeping some powder dry for additional weakness, but I think it's a good time to dollar cost average in some dough.
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Deleted
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Post by Deleted on Aug 27, 2013 15:05:10 GMT -5
damn.....
there are definitely issues with sectors of the economy
parts of it are starting to do better.....look at car sales for example
the housing industry was starting to look better, but now with rates rising, who knows
poor people will always have a hard time.....
they live paycheck to paycheck and one small setback can screw up their whole world
the biggest question is....are people starting new ventures?
that is where growth comes from...small business
my gdp number is 2.0 for 2014......barely above yours and not great numbers
but it is better than negative growth.....
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Aug 27, 2013 17:31:25 GMT -5
He's around Mr.Z. Talked with him the other day, he's got some news that I'm sure he will share. Thanks, guys! Your efforts to discuss instead of fight are really helpful. I'm getting an ejumacashun here! Is that like being excited? The data also showed the gains in confidence occurred among wealthier Americans, with sentiment jumping for those with incomes of $100,000 or more. Sentiment decreased among households earning less than $25,000 a year. Your source , $100,000 not sure if joe is in that group. Joe lost his job due to outsourcing and the reduction in spending due to sequester! [img src=" syonidv.hodginsmedia.com/vsmileys/flag.gif" src="http://images.proboards.com/new/wink.png"] Median income in the US is 44k, so over half the population is feeling better. Under 25k is not the "average" Joe income either, it called broke welfare cases are feeling less optimistic because they will see their "pay" reduced as govt spending is reigned in. Manufacturing has been declining since the sixties because of tech and lower wages elsewhere. This trend of lower wages elsewhere is over and because of reshoring the US has gained back all the jobs lost in manufacturing during the recession. Because of tech there will be opportunities in manufacturing in the future, and for the first time in 50 yrs, jobs in manufacturing will consistently grow. I am looking in my crystal ball! I see GDP at between 1 to 1.5% this year. Sizzling along. That's growth? China considers 7% a downturn ? I have never once said, ever, since I started posting on these boards, or in real life that there was a boom coming. All I have ever said was that there is nothing but slow growth on the horizon, the key word being SLOW. Housing was looking like it was going to start another boom, but higher rates will keep it going slow and steady. Slow and steady just like I told ya at the start of the year when u were calling for a million job losses(not one month yet with overall loses since u made that claim) and a recession (GDP has grown ever since as well). How is 7% a down turn? When growth was over double digits for years and years and the result was empty cities and a massive amount of debt, with a civil war truly in the cards.
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jarrett1
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Post by jarrett1 on Aug 29, 2013 8:41:05 GMT -5
"I am looking in my crystal ball! I see GDP at between 1 to 1.5% this year. Sizzling along. That's growth?" Well at least your consistant...that is consistantly wrong!!! GDP revised from 1.7% to 2.5% and thats a net number after Obama care which has sapped about 1-1.5%...so this economy is growing stronger despite jobs and homes which are both dependent on each other and are now....if you haven't heard this before BIG LAGGING INDICATORS!!!
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damnotagain
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Post by damnotagain on Aug 29, 2013 11:46:49 GMT -5
2013:Q1: 1.530 Ratio...lets see what Q2 brings but based on the historical...I'd say its time for a reversal Yes it would seem we're all wrong once in a while.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Aug 29, 2013 23:46:19 GMT -5
GDP revised from 1.7% to 2.5% and thats a net number after Obama care which has sapped about 1-1.5%...so this economy is growing stronger despite jobs and homes which are both dependent on each other and are now....if you haven't heard this before BIG LAGGING INDICATORS!!! How about that? Business are spending to keep their empires growing, shouldn't be a big surprise really, but it always is even after all these years. What was that again? They'll be coming around the mountain when they come? Either way, stay frosty.
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damnotagain
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Post by damnotagain on Aug 30, 2013 4:43:50 GMT -5
Aham says. ........ China ...."How is 7% a down turn? When growth was over double digits for years and years and the result was empty cities and a massive amount of debt, with a civil war truly in the cards."
Empty city's ? I think of Detroit . We do not live in china.
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usaone
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Post by usaone on Aug 30, 2013 8:08:10 GMT -5
You cant compart part of one city in America to what has happened in China. There are multiple, completely empty cities in China.
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usaone
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Post by usaone on Aug 30, 2013 8:10:19 GMT -5
3 to 4 more years of 1-2% growth and a sideways stock market. Then its to the moon. Dow 20 to 50 thousand during the next bull market. 2017 to 2035.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Aug 31, 2013 23:14:14 GMT -5
Agreed USAone, things will be different by the end of 2015(geo politically speaking) and somewhere between 2017-2020 we're on our way to mars. Damn, USAone is 100% right. You have to learn too compare apples to apples when you're talking economics. The situation in Chinese real estate is like the over building in AZ, CA, and FL, times a thousand. Ironically, Chinese's investors are buying up property in the places like Detroit, cash, and there is a young business community in Detroit that thinks they can help rebuild the city. With trends like urban farming emerging there is a good chance that Detroit could transform itself, and be a prime example of the American Renaissance. Detroit is magnet for China's auto industry
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damnotagain
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Post by damnotagain on Sept 10, 2013 10:22:12 GMT -5
Market up fed sends out welfare check to Wall Street.
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damnotagain
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Post by damnotagain on Sept 10, 2013 10:25:15 GMT -5
No way in hell you can have a REAL recovering economy when velocity of M2v money stock is at historical lows , droping 5 quarters in a row . While the labor participation rate is at an all time lows as well
New math for figuring US GDP , sponsored by the United Nations. It is really becoming comical
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damnotagain
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Post by damnotagain on Sept 10, 2013 12:20:45 GMT -5
It really is comical. I have been hysterically laughing all the way to the bank as the markets are up over 160% since March of 2009. Heading toward five years of participating in one of the top three Bull Runs in market history. Certainly past due for a drop or two, but in my opinion the market direction for at least the next couple of years is more of the same. Just shows that there is simply NO relationship between stocks and funds and all the general economic data that people tend to compulsively focus on to their detriment. From your reply , any chance you donate 10% to charity from your " laughing stock " ? I doubt it.
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damnotagain
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Post by damnotagain on Sept 10, 2013 15:15:52 GMT -5
See that's great stuff. I have never said anyone was evil. Just asking a simple question. Calm down . "The.....doth protest to much methinks"
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damnotagain
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Post by damnotagain on Sept 10, 2013 15:23:29 GMT -5
Be great if decoy409 was here. Last I looked this is still the USA. Let freedom ring.
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damnotagain
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Post by damnotagain on Sept 10, 2013 15:41:12 GMT -5
Agreed , please if you quote me, use my own words at least. They take longer to chew on.
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frankq
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Post by frankq on Sept 10, 2013 17:18:31 GMT -5
From your reply , any chance you donate 10% to charity from your " laughing stock " ? I doubt it.
Do you? And how could we possibly confirm it if you did? Why is it any of your concern what anyone does with their money? How does that matter in so far as these discussions?
Be great if decoy409 was here. Last I looked this is still the USA. Let freedom ring.
Yeah....then you would each have one person that took you seriously.......
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damnotagain
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Post by damnotagain on Sept 10, 2013 17:53:25 GMT -5
Frank that's what I like about you , one contradiction after another? Do you even understand what your saying? That's is some funny shit .
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frankq
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Post by frankq on Sept 11, 2013 11:42:22 GMT -5
Do you even understand what your saying?
Sure! The thing I like about you is that nobody understands what you're saying most of the time, including you...
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mmhmm
Administrator
It's a great pity the right of free speech isn't based on the obligation to say something sensible.
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Post by mmhmm on Sept 12, 2013 0:56:09 GMT -5
I hadn't seen this before! What a great thing to do for a deserving young man, wxyz! I'm so glad he took advantage of your kindness and made it count, and I'm sure he'll pay it forward just the way you asked. Good job!
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mmhmm
Administrator
It's a great pity the right of free speech isn't based on the obligation to say something sensible.
Joined: Dec 25, 2010 18:13:34 GMT -5
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Today's Mood: Saddened by Events
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Post by mmhmm on Sept 12, 2013 0:57:56 GMT -5
Gentlemen, please stop throwing darts at one another and discuss the market, eh?
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jarrett1
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Post by jarrett1 on Sept 12, 2013 12:16:29 GMT -5
Yeah cut it out G'damn it! It's after labor day...the markets are up (like I said they would be)....gold is selling off...again...(like I said it would)...and basically its like I said...now markets don't rotate around me...me knows how markets rotate and more importantly why
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