Bad Economic Predictions

For stuff that is general.
TheCatt
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Bad Economic Predictions

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Leisher wrote: Tue Nov 18, 2025 11:31 am onestly, I don't really see a massive issue with this except that it seems geared more towards ill gotten funds. Most adults already have cards, right?
Yeah, more often these days than anything is people having NO cash and not being able to do cash things.
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TheCatt
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Bad Economic Predictions

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I kinda wish my wife only spent $1,000 a month. lol.
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TheCatt
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Bad Economic Predictions

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Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%
It's a little sad that 119k jobs is good news, but it's definitely better news than the other job reports.
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Leisher
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Bad Economic Predictions

Post by Leisher »

"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
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Bad Economic Predictions

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https://www.wsj.com/personal-finance/th ... _permalink

Still sucks to be middle class in this economy. Great to be upper class.
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Leisher
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Bad Economic Predictions

Post by Leisher »

TheCatt wrote: Fri Nov 21, 2025 9:43 am Still sucks to be middle class in this economy. Great to be upper class.
This is how civil unrest starts.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
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Bad Economic Predictions

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US Producer Price Index data for September showed that prices rose by 0.3%. The annual wholesale inflation level remained at 2.7% after a revision to the August data, according to the Bureau of Labor Statistics. CNN's Matt Egan reports.
0.3% is a 3.6% annual rate.
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TheCatt
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Bad Economic Predictions

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TheCatt wrote: Thu Apr 06, 2023 3:16 pm
GORDON wrote: Thu Apr 06, 2023 11:15 am I'm still predicting a big crash.in the next couple years.
X - Doubt

!RmindMe 4/6/2025
Gordon loved his crash predictions. But they didn't happen.
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TheCatt
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Bad Economic Predictions

Post by TheCatt »

TheCatt wrote: Mon Jul 11, 2022 3:08 pm
GORDON wrote: Mon Jul 11, 2022 2:53 pm I'm going to go ahead and bet a dollar that we're in a capital-D Depression before the end of 2025.
I'll take that bet.

!RmindMe 12/31/2025
Guess I'm owed a dollar :(
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Leisher
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Bad Economic Predictions

Post by Leisher »

Saw an article yesterday and lost the link, but it was from someone credible interviewing a finance guy who is predicting the housing market is going to crash soon. He believes prices will fall by 50%.

He might not be wrong. In my local area I see houses sitting on the market for much longer than previously, and many are getting huge price cuts, but still not selling.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
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Bad Economic Predictions

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Leisher wrote: Wed Nov 26, 2025 12:43 pm Saw an article yesterday and lost the link, but it was from someone credible interviewing a finance guy who is predicting the housing market is going to crash soon. He believes prices will fall by 50%.
I saw the headline, did not read. I 0% believe him, barring a depression. Things are slowing down, sure, somewhat. But 50% is obscene.
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TheCatt
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Bad Economic Predictions

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Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said as part of a running update it has been providing.
https://www.cnbc.com/2025/11/25/private ... orts-.html
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Bad Economic Predictions

Post by Leisher »

TheCatt wrote: Wed Nov 26, 2025 12:52 pm But 50% is obscene.
To be fair to him, so are housing prices.
TheCatt wrote: Wed Nov 26, 2025 4:45 pm Private companies lost an average of 13,500 jobs a week over the past four weeks
I've always hate how this is phrased.

"Private companies, mostly, purposely eliminated an average of 13,500 jobs a week over the past four weeks." That's more honest.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
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