THE US ECONOMY GREW 3.3%

[Dorian Breh]

We will avoid a recession as long as they keep spending on AI

Learned economics on YouTube babble

 

[Samori Toure]

We will avoid a recession as long as they keep spending on AI

Not true. A recession is tied to consumer spending. When consumers are not spending then companies will cut hours of employees. If consumers still are not spending then companies will start laying people off. When people are laid off they can't spend because they don't have money. When people don't have money then businesses will have less work and inventories will not turn as fast. When people don't have money then you see defaults increase on credit cards, automobiles, student loans, homes, etc. When defaults rise then business and individuals will file bankruptcy at a higher rate. When people who still have jobs see what is happening they will spend less, save more and not acquire any other debts. When that happens banks and other financial institutions begin to go out of business. To counteract that the Federal Reserve Bank will cut interest rates and the government will try a bunch of gimmicky stimulus spending and they will also increase unemployment amounts and extend the tim that people can receive those benefits.

None of this would be happening right now if an orange idiot didn't implement tariffs. That move created more inflation. That inflation impacted lower and middle class consumers the most, because they have less money to spend; and now they have stopped spending. That is why economists know that we are heading to a recession and some are now even saying depression due to the crazy speculating occurring on the stock market and the crazier issues occurring now in the housing market. That doesn’t even address the yields problem on bonds.

AI is just like that dot com shyt from earlier this century. It is going to implode and take a lot of dopey investors with it.

What should have you nervous is that delinquency rates have increased for prime and super prime borrowers. Those are people with credit scores between 700-850.

Why are Americans with higher credit falling behind on payments? – Deseret News Why Americans with highest credit scores are falling behind on debt payments

 

[Sir Richard Spirit]

Not true. A recession is tied to consumer spending. When consumers are not spending then companies will cut hours of employees. If consumers still are not spending then companies will start laying people off. When people are laid off they can't spend because they don't have money. When people don't have money then businesses will have less work and inventories will not turn as fast. When people don't have money then you see defaults increase on credit cards, automobiles, student loans, homes, etc. When defaults rise then business and individuals will file bankruptcy at a higher rate. When people who still have jobs see what is happening they will spend less, save more and not acquire any other debts. When that happens banks and other financial institutions begin to go out of business. To counteract that the Federal Reserve Bank will cut interest rates and the government will try a bunch of gimmicky stimulus spending and they will also increase unemployment amounts and extend the tim that people can receive those benefits.

None of this would be happening right now if an orange idiot didn't implement tariffs. That movement created inflation. That inflation impacted lower and middle class consumers and now they have stopped spending. That is why economists know that we are heading to a recession and some are now even saying depression due to the crazy speculating occurring on the stock market and the crazier issues occurring now in the housing market. That doesn’t even address the yields problem on bonds.

AI is just like that dot com shyt from earlier this century. It is going to imploded and take a lot of dopey investors with it.

You don’t know what you’re talking aboult. Please keep your responses to a minimum because I would never read that much from you.

The only reason I @ you is because you make all these threads about the economy collapsing but you’re cllueless.

Just like you said there wouldn’t be a rate cut. I told you to bet your account and you wouldn’t. Few days later you said there would be one and started pointing to stagflation. You don’t know what you’re talking about.

 

[Samori Toure]

You don’t know what you’re talking aboult. Please keep your responses to a minimum because I would never read that much from you.

The only reason I @ you is because you make all these threads about the economy collapsing but you’re cllueless.

Just like you said there wouldn’t be a rate cut. I told you to bet your account and you wouldn’t. Few days later you said there would be one and started pointing to stagflation. You don’t know what you’re talking about.

I just explained how a recession works you dumb muddafugga. You brought me into your stupid thread, because you thought that you were saying something, but I didn’t even get a chance to get at you before 10 other dudes laughed at your naive clown post.

 

[Carl Tethers]

OP has always been a stupid little fakkit.

 

[MikelArteta]

 

[Donny]

3.3 is interesting

 

[TEKBEATZ]

Wtf


I'm in logistics and people are getting layoffs

 

[Sir Richard Spirit]

I just explained how a recession works you dumb muddafugga. You brought me into your stupid thread, because you thought that you were saying something, but I didn’t even get a chance to get at you before 10 other dudes laughed at your naive clown post.

Stay out of debt breh. That’s all I ask of you.

 

[Samori Toure]

Stay out of debt breh. That’s all I ask of you.

You keep giving me dumb advice while making threads talking about the economy doing great, well at least according to Donald Trump and Howard Lutnick.

I make threads about the economy, because Trump is a liar and a fraud. I also know regular people who have families might not always be up to date on what is happening in the economy. So I post facts about what is actually happening in the economy so that regular folks won't go out and buy a big ticket item thinking shyt is all good and then turn around and get laid off their job.

 

[Sir Richard Spirit]

You keep giving me dumb advice while making threads talking about the economy is doing great, well at least according to Donald Trump and Howard Lutnick.

I make threads about the economy, because Trump is a liar and a fraud. I also know regular people who have families might not always be up to date on what is happening in the economy. So I post facts about what is actually happening in the economy so that regular folks won't go out and buy a big ticket item thinking shyt is all good and then turn around and get laid off their job.

This is much better. I will respond to posts like this.

 

[RedCloakBlackWraithe]

i wouldn't believe any number this administration puts forward.

 

[Samori Toure]

This is much better. I will respond to posts like this.

You don't have to respond to any of them. I am satisfied knowing that I post articles trying to advise people of an unfolding financial disaster.

 

[Ethnic Vagina Finder]

Most of the "spending" is

1. People being price gouged. But it's essential shyt so they have no choice but to buy it.
2. Rich people and anyone making over 100k buying shyt with credit cards.


Nobody looks at credit card debt. Rich people consistently borrow on their assets. So that "growth" don't mean shyt when household debt is at an all time high. over $18 trillion.

 

[Diondon]