I predict that the S&P 500 will be well under 5,000 by September 30th

Walt said:
Worth reminding everyone that trump is very angry at the Fed for not dropping the prime rate to 1%. Considering the danger of inflation, 1% would be insane.
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What "danger of inflation"?
Walt said:
Inflation would quickly outpace the overheating economy, causing the real economy to collapse into a recession. But it would give trump a claim he has growth.
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You're essentially describing the economic condition under the Autopen Regime, yet you believe that times were "soooooooo greatttttttttt thennnnnnnn".........
 
zymurgy said:
we went from spending $400 per citizen in 1964 to $19,500 today


the service on our debt alone will be one of our biggest expenses moving forward

what danger? talk about whistling past the graveyard!!!
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The hidden danger is what government regulations are doing to the economy. Right now, about 12% of the US GDP is bound up in meeting government regulation. The cost to an employer, on average, per employee is $29,100. That rises to $50,100 for small businesses in the manufacturing sector. Is it any reason manufacturers have fled the US?


Sure, the federal debt is an issue, but paying for it is more of one, and government is strangling the life out of the economy with taxes and regulations.
 
T. A. Gardner said:
The hidden danger is what government regulations are doing to the economy. Right now, about 12% of the US GDP is bound up in meeting government regulation. The cost to an employer, on average, per employee is $29,100. That rises to $50,100 for small businesses in the manufacturing sector. Is it any reason manufacturers have fled the US?


Sure, the federal debt is an issue, but paying for it is more of one, and government is strangling the life out of the economy with taxes and regulations.
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regulations are a laughable concern compared to 30+ trillion in debt we have accumulated during times of prosperity. even with all the regulations, the consumerism and consumption in this nation are astounding. a just business cycle has booms and busts. we need to allow for it
 
zymurgy said:
regulations are a laughable concern compared to 30+ trillion in debt we have accumulated during times of prosperity. even with all the regulations, the consumerism and consumption in this nation are astounding. a just business cycle has booms and busts. we need to allow for it
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You're not getting it. If businesses are taxed and regulated out of business, then there's no one left to pay the debt off.
 
zymurgy said:
we went from spending $400 per citizen in 1964 to $19,500 today


the service on our debt alone will be one of our biggest expenses moving forward

what danger? talk about whistling past the graveyard!!!
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I agree that this is an issue (one that President Trump is working to improve), but this isn't what Walt was talking about.
 
T. A. Gardner said:
The hidden danger is what government regulations are doing to the economy. Right now, about 12% of the US GDP is bound up in meeting government regulation. The cost to an employer, on average, per employee is $29,100. That rises to $50,100 for small businesses in the manufacturing sector. Is it any reason manufacturers have fled the US?


Sure, the federal debt is an issue, but paying for it is more of one, and government is strangling the life out of the economy with taxes and regulations.
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regulation is such a vast area. like dutch's vajayjay.
 
gfm7175 said:
I agree that this is an issue (one that President Trump is working to improve), but this isn't what Walt was talking about.
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Trump is not working to improve this. In fact he has chosen to engage in a war of words with the two gop representatives most aligned with debt reduction - Rand Paul and Thomas Massie
 
Walt said:
I predict that the S&P 500 will be well under 5,000 by September 30th, and I put my money where my mouth is. I have bought a bunch of SPY puts centering around a strike price of $500, all expiring on September 30th. If the S&P goes down to around 4,000, I will make quite a bit of money.

If the S&P 500 stays above 5,000, then you can laugh at me 🙃
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The S&P is 6,330 are you still planning on making money? :laugh:
 
zymurgy said:
Trump is not working to improve this.
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Yes, he is. He is GROWING the economy and is bringing TRILLIONS of dollars into the USA.
zymurgy said:
In fact he has chosen to engage in a war of words with the two gop representatives most aligned with debt reduction - Rand Paul and Thomas Massie
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Good. It's about damn time that somebody does.

Those two don't give a single fuck about debt reduction (and never have).

They are the biggest frauds that CONgress has ever seen, ESPECIALLY Thomas Massie. They are only good for grandstanding; nothing more. There's a reason why I now refer to them (and their caucus) as the "Freedom Clowns". All they ever seem to accomplish is making it much more difficult for the MAGA movement to get shit done in a pragmatic matter.

They (still to this day) oppose Trump's tariffs, which are now bringing in HUNDREDS of BILLIONS of dollars in very short order, which is accomplishing much more for "debt reduction" than any of those grandstanding clowns have ever accomplished. At this point, I swear that Massie in particular is a Democrat asset. The freedom clowns always talk a really great-sounding game about "muh principles" but then never actually accomplish anything beyond grandstanding and voting with the Democrats. They're completely and utterly USELESS and should be primaried out of CONgress in 2026.

When push came to shove, instead of standing with President Trump and MAGA, "Masshole" Massie and "Principled" Paul both stood WITH every single Democrat against the bill... against "no tax on tips", against "no tax on overtime", against codified spending cuts, FOR a huuuuuge tax hike (via expired Trump tax cuts), etc etc...

They are both FRAUDS and they are both trying [and failing] to (grand)stand in the way of MAGA pragmatically ushering in the golden age.

FUCK them and all of their "sweet nothing" whisperings, their theatrical grandstanding, and their lack of any real accomplishments besides standing ALONGSIDE Team Democrat and AGAINST Team MAGA during any pivotal moment.
 
gfm7175 said:
Yes, he is. He is GROWING the economy and is bringing TRILLIONS of dollars into the USA.

Good. It's about damn time that somebody does.

Those two don't give a single fuck about debt reduction (and never have).

They are the biggest frauds that CONgress has ever seen, ESPECIALLY Thomas Massie. They are only good for grandstanding; nothing more. There's a reason why I now refer to them (and their caucus) as the "Freedom Clowns". All they ever seem to accomplish is making it much more difficult for the MAGA movement to get shit done in a pragmatic matter.

They (still to this day) oppose Trump's tariffs, which are now bringing in HUNDREDS of BILLIONS of dollars in very short order, which is accomplishing much more for "debt reduction" than any of those grandstanding clowns have ever accomplished. At this point, I swear that Massie in particular is a Democrat asset. The freedom clowns always talk a really great-sounding game about "muh principles" but then never actually accomplish anything beyond grandstanding and voting with the Democrats. They're completely and utterly USELESS and should be primaried out of CONgress in 2026.

When push came to shove, instead of standing with President Trump and MAGA, "Masshole" Massie and "Principled" Paul both stood WITH every single Democrat against the bill... against "no tax on tips", against "no tax on overtime", against codified spending cuts, FOR a huuuuuge tax hike (via expired Trump tax cuts), etc etc...

They are both FRAUDS and they are both trying [and failing] to (grand)stand in the way of MAGA pragmatically ushering in the golden age.

FUCK them and all of their "sweet nothing" whisperings, their theatrical grandstanding, and their lack of any real accomplishments besides standing ALONGSIDE Team Democrat and AGAINST Team MAGA during any pivotal moment.
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you sheep are all the same. I know what you will say because Trump already said it
 
zymurgy said:
Trump is not working to improve this. In fact he has chosen to engage in a war of words with the two gop representatives most aligned with debt reduction - Rand Paul and Thomas Massie
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bankers will never seiously call in debt of this magnitude, that would be the end of their run.

the only good to come from fiat currency would be to uplift humanity all together,

not pretend like some amazing group of criminal thugs deserve everything.
 
zymurgy said:
you sheep are all the same. I know what you will say because Trump already said it
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So you can't refute my described behavior of "Masshole" Massie and "Muh Principles" Paul?

You would rather allow the "perfect" to stand in the way of the "still pretty darn good"?
You would rather grandstand and LOSE than to make pragmatic advances and WIN?

Got it. Get your whiny ass out of the way and let the wolverines take over.
 
gfm7175 said:
So you can't refute my described behavior of "Masshole" Massie and "Muh Principles" Paul?

You would rather allow the "perfect" to stand in the way of the "still pretty darn good"?
You would rather grandstand and LOSE than to make pragmatic advances and WIN?

Got it. Get your whiny ass out of the way and let the wolverines take over.
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shit stain says what?
 
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