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Joe Biden *****


Thebowflexbody
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2 hours ago, Woody said:

Interesting.  Sloppy Joe is supposed to be the LGBBQ savior.  :niterider:

 

 

 

I actually have a good friend who’s is gay and a Trumper. We became good friends because a dumbass liberal that I work with tried to attack with some bs one day in front of the guy (thinking that the gay guy was a Lib), and he tore into him, it was great. He even wore his gay for Trump shirt in the pride parade here is FL.

 

 

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10 minutes ago, Angry Byrds said:

I actually have a good friend who’s is gay and a Trumper. We became good friends because a dumbass liberal that I work with tried to attack with some bs one day in front of the guy (thinking that the gay guy was a Lib), and he tore into him, it was great. He even wore his gay for Trump shirt in the pride parade here is FL.

They're rare where I live.  Most of them are like the guy at 2:07:niterider:

 

 

 

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13 minutes ago, Woody said:

 

The entire economy didn’t shrink, GDP shrank. Some indicators were up. Like stocks and Bond yields for example.

Good fucking grief.

However, the long range forecast is not so bright.

 

“This is noise; not signal. The economy is not falling into recession,” wrote Ian Shepherdson, chief economist at Pantheon Macroeconomics. “Net trade has been hammered by a surge in imports, especially of consumer goods, as wholesalers and retailers have sought to rebuild inventory. This cannot persist much longer, and imports in due course will drop outright, and net trade will boost GDP growth in Q2 and/or Q3.”

While recession expectations on Wall Street remain low, there’s further trouble ahead for the economy: In an effort to combat burgeoning price increases, the Federal Reserve plans to enact a series of rate hikes aimed at slowing growth further.

The personal consumption expenditures price index excluding food and energy, a preferred inflation measure for the Fed, rose 5.2% in the quarter, well above the central bank’s 2% inflation target.

Current market pricing indicates the equivalent of 10 quarter-percentage point interest rate moves that would take the Fed’s benchmark interest rate to about 2.75% by the end of the year. That comes after two years of near-zero rates aimed at allowing a recovery from the steepest recession in U.S. history.

Along with that, the Fed has halted its monthly bond-buying program aimed at keeping rates low and money flowing through the economy. The Fed will start shrinking its current bond holdings as soon as next month, slowly at first then ultimately at a pace expected to hit as high as $95 billion a month.

While economists still largely expect the U.S. to skirt an outright recession, risks are rising.

https://www.cnbc.com/2022/04/28/us-q1-gdp-growth.html

 

 

“There he goes. One of God's own prototypes.

A high-powered mutant of some kind, never even considered for mass production.

Too weird to live, and too rare to die.”

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13 minutes ago, HipKat said:

The entire economy didn’t shrink, GDP shrank. Some indicators were up. Like stocks and Bond yields for example.

Good fucking grief.

However, the long range forecast is not so bright.

 

“This is noise; not signal. The economy is not falling into recession,” wrote Ian Shepherdson, chief economist at Pantheon Macroeconomics. “Net trade has been hammered by a surge in imports, especially of consumer goods, as wholesalers and retailers have sought to rebuild inventory. This cannot persist much longer, and imports in due course will drop outright, and net trade will boost GDP growth in Q2 and/or Q3.”

While recession expectations on Wall Street remain low, there’s further trouble ahead for the economy: In an effort to combat burgeoning price increases, the Federal Reserve plans to enact a series of rate hikes aimed at slowing growth further.

The personal consumption expenditures price index excluding food and energy, a preferred inflation measure for the Fed, rose 5.2% in the quarter, well above the central bank’s 2% inflation target.

Current market pricing indicates the equivalent of 10 quarter-percentage point interest rate moves that would take the Fed’s benchmark interest rate to about 2.75% by the end of the year. That comes after two years of near-zero rates aimed at allowing a recovery from the steepest recession in U.S. history.

Along with that, the Fed has halted its monthly bond-buying program aimed at keeping rates low and money flowing through the economy. The Fed will start shrinking its current bond holdings as soon as next month, slowly at first then ultimately at a pace expected to hit as high as $95 billion a month.

While economists still largely expect the U.S. to skirt an outright recession, risks are rising.

https://www.cnbc.com/2022/04/28/us-q1-gdp-growth.html

 

 

 

Great news!  It's time to celebrate!  :niterider:

 

memes.gif

 

zoomer-tide-pods.gif

  • Laugh 2
 

 

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3 hours ago, Thebowflexbody said:

Get a clue, Mr. Illinois.  LOL

Animated GIF

“There he goes. One of God's own prototypes.

A high-powered mutant of some kind, never even considered for mass production.

Too weird to live, and too rare to die.”

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