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    Bread up, Bro (sickburnbro@poa.st)'s status on Tuesday, 17-Dec-2024 00:22:22 JSTBread up, BroBread up, Bro
    in reply to
    • Dr. Sex, Ph.d, Esq.
    • Abner
    @doctorsex @abner You have to think about what the possibilities for the next 4 years are.

    This isn't going to be 2016 redux, simply because we have a weak economy: prices are through the roof, wages are stagnant, tons of layoffs. All the jobs in the last few years have gone to POC, which basically means invaders.

    Penny just got off in NYC of all places because people are getting past tired of all the drugs, homelessness and violence.

    Inflation isn't tamed, and all the forecasts for how fast the rate will cut have been revised multiple times. This is going to put further pressure on finance as people have been praying that rates will come down. Rates for Residential Loans are still extremely high. There is reasonable concern that lowering the fed rates now will cause a reacceleration of inflation.
    In conversationabout 6 months ago from poa.stpermalink
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