Author Topic: The political economics/finance/money/markets thread  (Read 868 times)

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Offline steve dave

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The political economics/finance/money/markets thread
« on: September 17, 2023, 03:29:09 PM »
THE INDEX FUND UNDERSTANDERS HAVE LOGGED ON

https://twitter.com/jordanbpeterson/status/1703165156430069979


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« Last Edit: September 17, 2023, 03:37:34 PM by steve dave »

Offline Spracne

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Re: The political economics/finance/money/markets thread
« Reply #1 on: September 17, 2023, 03:42:28 PM »
You’re thinking of this place all wrong, as if they have the money back in a safe. The money’s not in Blackrock/Vanguard. Well, your money’s in Joe’s house. That’s right next to yours. And then the Kennedy house and Mrs. Macklin’s house and a hundred others. You’re lending them the money to build and then they’re going to pay it back to you as best they can.

Offline DaBigTrain

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Re: The political economics/finance/money/markets thread
« Reply #2 on: September 17, 2023, 03:57:18 PM »
Yes, owning the best companies in the world is bad business for the biggest investment firms. Should be owning the penny stocks at the highest level.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

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Offline sonofdaxjones

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Re: The political economics/finance/money/markets thread
« Reply #3 on: September 17, 2023, 04:00:54 PM »
#blogkaren assassinates the obvious (again)

#blueanon political and thought leaders are getting angrier at Blockrock and Vanguard because they say they're not doing enough ESG'ing . . . while being very pleased that the same, plus JPMC and Goldman are lining up to feed off the UkgroGrift with the help of an American oligarch family.

The parents of #blueanon used to get  :curse: :curse: :curse: about Halliburton. 

It's just fascinating.   :thumbsup:




Offline steve dave

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Re: The political economics/finance/money/markets thread
« Reply #4 on: September 17, 2023, 05:16:16 PM »
the index fund understanders continue to log on!


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Offline passranch

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Re: The political economics/finance/money/markets thread
« Reply #5 on: September 18, 2023, 01:30:14 PM »
Really makes you think.

Offline MadCat

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Re: The political economics/finance/money/markets thread
« Reply #6 on: September 18, 2023, 02:22:26 PM »
It's like if I own Vanguard index funds, am I the bad guy?  Or who is pulling MY strings?  :confused:

Offline steve dave

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Offline Kat Kid

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Re: The political economics/finance/money/markets thread
« Reply #8 on: November 16, 2023, 07:16:05 PM »
Perma bears are always mad

Offline steve dave

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Re: The political economics/finance/money/markets thread
« Reply #9 on: November 16, 2023, 07:20:32 PM »
Perma bears are always mad

Did you see Burry closed out his short of the S&P/nasdaq? lmao


Offline kim carnes

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Re: The political economics/finance/money/markets thread
« Reply #10 on: November 16, 2023, 07:25:39 PM »
The economy is so hot nobody can afford to live

Offline steve dave

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Re: The political economics/finance/money/markets thread
« Reply #11 on: November 16, 2023, 07:27:47 PM »
The economy is so hot nobody can afford to live

yeah, idiots are saying that all over the place irl.

Offline kim carnes

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Re: The political economics/finance/money/markets thread
« Reply #12 on: November 16, 2023, 07:32:09 PM »
The economy is so hot nobody can afford to live

yeah, idiots are saying that all over the place irl.

It’s literally true

Offline kim carnes

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Re: The political economics/finance/money/markets thread
« Reply #13 on: November 16, 2023, 07:35:16 PM »
Maybe look outside of the bubble that is the Midwest

Offline steve dave

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Re: The political economics/finance/money/markets thread
« Reply #14 on: November 16, 2023, 07:39:38 PM »
Maybe look outside of the bubble that is the Midwest

I regret to inform you that you're wrong (obviously)

Offline kim carnes

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Re: The political economics/finance/money/markets thread
« Reply #15 on: November 16, 2023, 07:43:04 PM »
How’s our credit rating looking?

Offline kim carnes

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Re: The political economics/finance/money/markets thread
« Reply #16 on: November 16, 2023, 07:43:59 PM »
How bout the debt to gdp

Offline kim carnes

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Re: The political economics/finance/money/markets thread
« Reply #17 on: November 16, 2023, 07:46:12 PM »
How bout the cost for a ski trip to aspen vs pre-pandemic

Offline steve dave

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Re: The political economics/finance/money/markets thread
« Reply #18 on: November 16, 2023, 07:46:56 PM »
How’s our credit rating looking?

lmao what on the earth does that have to do with what you said?  :lol:

Offline steve dave

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Re: The political economics/finance/money/markets thread
« Reply #19 on: November 16, 2023, 07:50:11 PM »
Maybe look outside of the bubble that is the Midwest

I regret to inform you that you're wrong (obviously)

real wages. though you are right that specifically Miami (woof) they may be flat/down?




Offline IPA4Me

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Re: The political economics/finance/money/markets thread
« Reply #20 on: November 16, 2023, 07:53:47 PM »
Perma bears are always mad

Did you see Burry closed out his short of the S&P/nasdaq? lmao


Unless you sit on a Congressional committee with some good scoops. ;)

Offline steve dave

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Re: The political economics/finance/money/markets thread
« Reply #21 on: November 16, 2023, 07:56:53 PM »
There is a huge tendency during times like this for people to say MY PERSONAL wealth/earnings/credit/lifestyle/retirement is strong but OVERALL the country is struggling. A lot of data points, surveys, etc. on that. I'd guess you are in the best financial position of your life Kim Carnes. Just like me and most of the people posting on here. The fact is that overall the American consumer is in the best place they've been since data has been tracked. It'll fade some eventually (at least the rate of growth) but right now people are spending and household wealth is at an all time high. Doesn't mean everyone. Obviously I feel like crap for the Gen Z new household wanting to buy their first house.

Offline kim carnes

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Re: The political economics/finance/money/markets thread
« Reply #22 on: November 16, 2023, 07:59:04 PM »
Open your eyes steve

Offline steve dave

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Re: The political economics/finance/money/markets thread
« Reply #23 on: November 16, 2023, 07:59:46 PM »

Offline IPA4Me

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Re: The political economics/finance/money/markets thread
« Reply #24 on: November 16, 2023, 08:01:13 PM »