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Bad Economic Predictions

Posted: Sun Mar 19, 2023 12:40 pm
by Leisher
That's hilarious and sad.

Bad Economic Predictions

Posted: Sun Mar 19, 2023 12:41 pm
by GORDON
It's fine they're getting bailed out.

Bad Economic Predictions

Posted: Sun Mar 19, 2023 6:28 pm
by TheCatt

Bad Economic Predictions

Posted: Sun Mar 19, 2023 8:40 pm
by thibodeaux
He should file suit...

Bad Economic Predictions

Posted: Sun Mar 19, 2023 9:10 pm
by TheCatt
thibodeaux wrote: Sun Mar 19, 2023 8:40 pm He should file suit...
:D

Bad Economic Predictions

Posted: Mon Mar 20, 2023 1:37 pm
by Leisher

Bad Economic Predictions

Posted: Mon Mar 20, 2023 3:46 pm
by Leisher
First Republic's stock is apparently down 46% today.

Will they be the next bank to fall?

Bad Economic Predictions

Posted: Tue Mar 21, 2023 10:18 pm
by TheCatt

Bad Economic Predictions

Posted: Thu Mar 30, 2023 2:19 pm
by Leisher
Another train carrying hazardous chemicals derails.

Isn't this the 3rd one in as many months?

Bad Economic Predictions

Posted: Tue Apr 04, 2023 11:57 am
by Leisher
Another train derailment.

This time in Montana, and the cargo was beer.

Bad Economic Predictions

Posted: Tue Apr 04, 2023 11:59 am
by GORDON
"Beer." I bet the EPA didn't even care, it's so close to being water.

Bad Economic Predictions

Posted: Thu Apr 06, 2023 10:59 am
by Leisher
CNN's top story.

The US Economy is Unwell.

Duh. What was your first clue CNN?

Bad Economic Predictions

Posted: Thu Apr 06, 2023 11:15 am
by GORDON
When gas and food prices skyrocket, it takes a little time for the poors to blow through their savings, and credit, before they simply need to stop buying stuff.

I'm still predicting a big crash.in the next couple years.

Bad Economic Predictions

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

!RemindMe 4/6/2025

Bad Economic Predictions

Posted: Mon Apr 10, 2023 11:41 am
by Leisher

Bad Economic Predictions

Posted: Fri Apr 21, 2023 2:45 pm
by Leisher
IKEA expanding into 8 more US locations.

I like walking around IKEAs.

Quick question though, does your IKEA also have tons of Asian people and lesbians or is that a local thing for us?

Bad Economic Predictions

Posted: Fri Apr 21, 2023 5:04 pm
by TheCatt
Dunno. We don't have a local one. They were coming, but then changed their minds.

Bad Economic Predictions

Posted: Thu Nov 09, 2023 9:13 am
by TheCatt
The poorest millennials have less wealth at age 35 than their baby boomer counterparts did, but the wealthiest millennials have more. Income inequality is driven by increased economic returns to typical middle-class trajectories and declining returns to typical working-class trajectories.
I couldn't get their data since it was paywalled.

Bad Economic Predictions

Posted: Wed Dec 13, 2023 3:10 pm
by TheCatt
Wow.

Fed says "no more raises, 3 cuts coming next year." 10 yr bond has plummeted to 4% (which is below it's long term average).

https://www.cnbc.com/bonds/ Bond yields cratering in the 1yr+ horizon.

Bad Economic Predictions

Posted: Fri Dec 15, 2023 5:18 pm
by Leisher
Catt, can you translate this?