The longer your compound capital, the less you need luck and the more you need Shrewdness.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
No. of Recommendations: 0
No. of Recommendations: 11
You're confusing the COVID years as the new benchmark. Erase thosew years and compare things to the rest of the last decade and you'll see the trend is upwards, rather than downward. Also, when continuing to preach that we are headed towards deflation, rather than inflation, consider that the only major deflation came durintg the 2009 financiazl crisis when there was a liquidity crisis.
Be carefull what you wish for.
Jeff
No. of Recommendations: 0
I am talking the last 1.5 years.
Deflation and soaring unemployment great depression is a heads up. I am not wishing for it.
I don't believe it.
I think it.
If we raised corporate taxes it would not come to pass. Be care wishing for low taxes.
No. of Recommendations: 0
After WWII the consensus was higher taxes. We stabilized the global economy.
Today with low taxes hell is going to follow.
The consensus today is criminally inept.
No. of Recommendations: 4
I came across this article.
https://www.oftwominds.com/blogsept25/precarity9-2...I often wonder if others feel the precarity of this era, or is it just me? It's hard to tell, as economic statistics don't measure precarity, they mostly measure averages and aggregates, all of which are glowing: GDP and profits up, unemployment low, and so on.
If precarity makes the news, it's the financial precarity experienced by many American households as costs rise and wages don't keep up, regardless of what the aggregate statistics are indicating.
This precarity is real, but it's not what's being featured. It's reflected in mirrors, not in headlines. In this mirror, we see millions of people pursuing side hustles and crowding into speculative casinos. If this isn't a reflection of desperation, it's something close to it. But this isn't news.I dunno what the denizens of this board are feeling but I & friends & acquaintances of mine are feeling the precarity. But perhaps that is the nature of human beings?
And I wonder about the accuracy of the government measures. Or if they are measuring the correct items. But perhaps that does not matter as long as the measured items remain consistent. For example a scale that is constantly 5 lbs off. The weight is inaccurate but the scale does measure whether your weight is increasing or decreasing.
No. of Recommendations: 1
TJ,
That is nicely stated. I go see old friends up the road in a small, poor city. I hang out for a few hours each evening with people. Some are well off, but most are not getting by.
Many people are poor enough not to get by. That does not mean they do not exist. It does not mean they do not eat. It does not mean they don't gamble or do drugs, drink to excess, or not smoke. It is all of the above. It is a living hell. We can say what do you expect? But we expect a lot, and they expect nothing.
We have not been raising anyone out of poverty for a long time now.
No. of Recommendations: 5
I'd like to know what prices are dropping. I've seen gas prices at Sam's rise 20% in the last month. Food prices aren't dropping at the grocery stores or in restaurants. Utilities and insurance has only gone up. Home repairs, contractors, etc. haven't dropped. Streaming prices (for tv/movies) has continued to rise.
I think that covers most of my yearly expenses.
No. of Recommendations: 3
regarding affordability and trump's promises, there is no greater evidence that facts are meaningless for gop voters.
in denial for in-their-face everyday reality, and less than 10 months from biden inflation tears. there is no way to drop this in the ' i dont pay attention to politics' selective bucket. polling on facts has become the most useless exercise in america.
related :
after 4 years of quiet 15% increases, bluecross sent the first notice plans will be significantly higher in 2026.
this was done to prevent clients going anywhere else due to shock\outrage.
No. of Recommendations: 0
The rate of inflation is dropping,but perked up a bit.
No. of Recommendations: 3
I'd like to know what prices are dropping.
The rate of inflation is dropping, but prices are still going up.
No. of Recommendations: 1
