India
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'Hindutva': The Radical Hindu Ideology That Seeks to 'Push Christianity Out of India’
World Conflicts
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522
Is "From the River to the Sea" So Wrong?
Personal Finance
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Thank you AAPL and NVDA
Tech Industry
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213
Help me choose Seattle vs Los Gatos
World Conflicts
Yesterday
609
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say
Stonks going up while inflation going down? Or a timed bomb is gonna explode?
Election year, delayed
I agree with Rajesh
I agree with Rajeshes
What about debt?
Let’s keep increasing the debt ceiling. I mean people made a lot of noise when it went to 20T nothing happened and now it’s more than 30T.
Ah yes nothing happened. Saudi started using other currencies and BRICS are developing their own. the Petro dollar value / influence is in free fall. The US sovereign debt credit rating was downgraded. Nothing happened y’all. Nothing to see here. Everything costs 3x as much. People brag about their accounts being up but the dollar is worth nothing. Insert image of Weimar wheel barrels of money. I’d like one loaf of bread please.
Fed pulled off the soft landings. We're so used to being pessimistic and negative about our leaders, I think people are just resistant to the idea that their Keynesian policies are effective -- but at this point it's been proven repeatedly.
The Fed is not our leaders. The Fed is a private bank. The Fed is not federal. The question is not why do you pay taxes if they print money. It’s why do you pay taxes when they print money. Keynesian economics do not work as evidenced by the current inflationary cycle. Just bc they stemmed the rate is not a win. - I agree though very used to being pessimistic and am very biased by this as there is no reason not to be. Our leaders have not had some grinch style change of heart to hold the populace interest as important.
Never forget inflation is transitory. Now, soft landing has been achieved.
2024 and 2025 are going to be meh. Good times will start in 2026
Agreed
Expected R2 production year.. coincidence?
Bidnd says there is no recession
Ok mohammed
Deloitte is a Biden lover
Ukraine and Israel are just the start.
That’s why we don’t have recession! Selling ammunitions create almost all the jobs in defense industries!
Wars are indeed recession busters
We've already been in the recession, the fuck are you talking about?
The last recession was in 2020 dipshit
We're not in a recession. The economy has been going in an upward trajectory with real (not nominal) GDP going up each quarter in 2023. Yes there has been an interest rate hikes and the tech industry has been affected heavily this and last year due to the end of cheap debt but that doesn't mean we're currently in a recession
What is bullwhip effect for $500 Alex
You mean whipsaw?
No, I mean bullwhip.
We sort of already had one: https://fortune.com/2023/08/22/rolling-recession-economy-inflation-fed-consumer-spending-mild-recession/
A recession is a defined term based on GDP. We have not had one
Historically the market has dropped once the cuts start
Interesting, why is that
Bc they cut bc things are broke.