Economy on fire update

thechatch said:
haie said:
Finally starting to go into restaurants/breweries and see very few people in them.
2 beers there and 2 4-packs to go was over 50$. Holee phuck.
By the time the election comes it will be so bad that only looney tune motherfuckers will be voting dem. Cook it.
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Cascadia Brewing was jam packed when we were there last Thursday for girls softball pizza party. Economic downturn affects Bellevue a little less than it does Vancouver, I guess.
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Having had to split time between Bellevue and Vancouver the last 6 mos, this is 100% true.

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PostGameOrangeSlices said:
https://hardcorehusky.com/discussion/comment/1969364#Comment_1969364
It's actually America first if you understand why it's good for the US to be the emperor
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Historically, the US was a territorial acquirer through the Manifest Destiny period in which we had US states running from the original 13 colonies on the east coast to Washington's state hood on the West Coast in 1889. The last real territorial conquest is some Spanish colonies we picked up after the Spanish-American War in 1898. Pretty much since then the American people have been generally isolationist. We won World War I and then left. We won World War II and picked up no territory. We had areas of political influence but no where near colony status. All military actions since then were pretty much fighting communist expansion. Some people made a lot of money over Vietnam, but not the American people. Sort of like all the US money sent to the Ukrainian oligarchs. NATO expansion to surround Russia was never an American priority for the working private sector American. Our elite open border policy has nothing to do with being a great empire and is clearly not America First.
 
About to put up more rice, beans and pasta, flour. I do my own. Easy stuff. Big survival food kits are mostly just carbs. Store some up your self and canned goods are still pretty cheap, except meat. But a bargain compared to long term survival commercial food. Canned goods last far past their expiration date. If it bulged eat it!
 
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WestlinnDuck said:
https://hardcorehusky.com/discussion/comment/1969638#Comment_1969638
Historically, the US was a territorial acquirer through the Manifest Destiny period in which we had US states running from the original 13 colonies on the east coast to Washington's state hood on the West Coast in 1889. The last real territorial conquest is some Spanish colonies we picked up after the Spanish-American War in 1898. Pretty much since then the American people have been generally isolationist. We won World War I and then left. We won World War II and picked up no territory. We had areas of political influence but no where near colony status. All military actions since then were pretty much fighting communist expansion. Some people made a lot of money over Vietnam, but not the American people. Sort of like all the US money sent to the Ukrainian oligarchs. NATO expansion to surround Russia was never an American priority for the working private sector American. Our elite open border policy has nothing to do with being a great empire and is clearly not America First.
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The border crisis is a result of a lot of bad actors across the board, including many American businesses. But like it or not many industries depend on cheap laborers from Mexico and Central America.
I personally am in favor of making the border more secure while making it easier for folks to get visas to come work here, while the government actually prosecutes businesses for using illegal labor. I'm not holding my breath that will happen but it would be nice.
I also think the left is in for a rude awakening if they expect Catholic immigrants to become staunch liberal voters.
 
greenblood said:
GDP alone is a bad measurement. If you look at what I believe people call net GDP, which is the spread between GDP growth and national debt growth, it’s much worse. We’ve been essentially growing the national debt at more than double the clip of the growth rate of GDP. And that has been happening since 2021. I also think the debt is getting so bad that the government is intentionally trying to keep inflation up because it makes it easier to pay the debt back when bills come due.
But with slowing growth, it’s going to end up being a huge miscalculation by the fed. Tough times are coming. I see a SPY pullback of 30-40% starting in the next 6-18 months. FANG and Nvidia are the only things keeping the market green right now.

I moved my brokerage funds to cash collecting 5% APR. it’s below inflation but I won’t be going red either, which is the direction I think we are headed.
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Once national debt exceeds ~100% of gdp the economic multiplier on further debt spending shrinks rapidly.
It's why China is fucked royally right now. All they know how to do is use stimulus spending but it no longer works because they are beyond 300% debt to gdp.
 
PostGameOrangeSlices said:
https://hardcorehusky.com/discussion/comment/1969643#Comment_1969643
The border crisis is a result of a lot of bad actors across the board, including many American businesses. But like it or not many industries depend on cheap laborers from Mexico and Central America.
I personally am in favor of making the border more secure while making it easier for folks to get visas to come work here, while the government actually prosecutes businesses for using illegal labor. I'm not holding my breath that will happen but it would be nice.
I also think the left is in for a rude awakening if they expect Catholic immigrants to become staunch liberal voters.
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Set up a legal guest worker program... problem solved... but no pathway to citizenship.
 
I've said many times that if we simply made a law that prohibits any illegal alien from EVER getting citizenship our problem would be over. No matter if it's a vias overstay or anything else. You enter or remain here illegally it's door ass out!
 
Cooking books, stuffing ballot boxes, what's the difference? Criminals all.
 
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