Re: Cautiously optimistic?
[Re: nimzy]
#6859878
05/01/20 06:12 AM
05/01/20 06:12 AM
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Joined: May 2010
Posts: 10,485
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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It means they hope the government will give out more bailouts and the fed will print money into oblivion
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Cautiously optimistic?
[Re: nimzy]
#6859910
05/01/20 06:57 AM
05/01/20 06:57 AM
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Joined: May 2010
Posts: 10,485
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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After the market corrected in 1929 it went up almost 50 percent and then by the time the dust settled it went down 80 some percent.
Could this run be like that? No one knows but this isn't going to be like the average recession
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Cautiously optimistic?
[Re: nimzy]
#6859954
05/01/20 08:00 AM
05/01/20 08:00 AM
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Joined: May 2010
Posts: 10,485
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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What is coming won't have anything to do with an election year unless you believe the governors are shutting states down to punish trump. Nimzy, did you see the numbers from Q1 2020? 4.8 percent decline in GDP, Q2 numbers will dwarf that. [url=] https://www.foxbusiness.com/economy/us-economy-first-quarter-2020-gdp-coronavirus-impact[/url]
Last edited by Steven 49er; 05/01/20 08:01 AM.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Cautiously optimistic?
[Re: Rat Masterson]
#6860032
05/01/20 10:05 AM
05/01/20 10:05 AM
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Joined: Mar 2010
Posts: 2,960
South Dakota
Hydropillar
trapper
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trapper
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Posts: 2,960
South Dakota
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Everyone knows the GDP is going to suck in the 2nd quarter, the big question is the economy a year from now. x2 alot of small business were just holding on 6 months ago when things were supposed to be so great..
The only place you find free cheese is in a mousetrap !
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Re: Cautiously optimistic?
[Re: nimzy]
#6860044
05/01/20 10:13 AM
05/01/20 10:13 AM
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Joined: Dec 2010
Posts: 11,205
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,205
Armpit, ak
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Around here it means I hope I have work by the end of July, but I wouldn't bet on it.
Hopefully one of these days the government will stop helping me and life will improve. I wouldn't bet on that either.
Last edited by Dirt; 05/01/20 10:21 AM.
Who is John Galt?
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Re: Cautiously optimistic?
[Re: Swamp Wolf]
#6860166
05/01/20 12:34 PM
05/01/20 12:34 PM
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Joined: Dec 2010
Posts: 11,205
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,205
Armpit, ak
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If I move to Alaska will I get a check too? For how much? Not right away. Spend a year and then you will join the Clampett family and if Milburn hasn't robbed it all by then you may then get one 2 years from now that may be enough for one months groceries. I'd explain how how all this works in detail, but I have learned the concept is beyond most peoples' comprehension.
Last edited by Dirt; 05/01/20 12:35 PM.
Who is John Galt?
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Re: Cautiously optimistic?
[Re: Rat Masterson]
#6860191
05/01/20 12:52 PM
05/01/20 12:52 PM
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Joined: May 2010
Posts: 10,485
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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Everyone knows the GDP is going to suck in the 2nd quarter, the big question is the economy a year from now. The drop in GDP will be historic levels, it will add a new meaning to "suck" Do you think there is any question where the economy will be in twelve months?
Last edited by Steven 49er; 05/01/20 12:53 PM.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Cautiously optimistic?
[Re: nimzy]
#6860216
05/01/20 01:28 PM
05/01/20 01:28 PM
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Joined: May 2010
Posts: 10,485
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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I predict the price of beaver will be below production costs and the Hammer's woman won't let him go north.
Do I win lol.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Cautiously optimistic?
[Re: nimzy]
#6860609
05/01/20 07:40 PM
05/01/20 07:40 PM
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Joined: Feb 2010
Posts: 8,564
Henderson, N.Y. Jefferson Co.
walleyed
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trapper
Joined: Feb 2010
Posts: 8,564
Henderson, N.Y. Jefferson Co.
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A phrase coined by NAFA, hearing it a lot on the financial channel lately.
What could this mean? IT MEANS BOHICA !!!!!!!  w
"Provisional/Interim" member of NYS Trappers Association
Jefferson Co. Fur Harvesters
I Support Non-Resident Trapping
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