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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

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  • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

    Originally posted by Deutsche Gopher Fan View Post
    Yup. Maximum speed for therapies

    This is all perfectly normal. Remember, he's a businessman. And after a long still going career in business I can tell you he is running everything just like a business.
    **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

    Originally Posted by dropthatpuck-Scooby's a lost cause.
    Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

    Comment


    • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

      St least we get to use mookies favorite technical mkt term

      Dead cat bounce
      a legend and an out of work bum look a lot alike, daddy.

      Comment


      • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

        Originally posted by French Rage View Post
        Cutting rates doesn't magically fix our supply chain. And the issue isn't a drop in aggregate demand due to cyclical factors. That's like saying my house is on fire so I need to buy new tires for my car.

        It does, however, save money for a guy with billions in debt.
        I get that it doesn't fix our supply chain, I don't disagree with that at all. All I'm saying is that we don't know if this bad or good immediately. Though, the more I think about it, the less confident I am. Normally this is to spur spending but you're right, this is caused by supply chain disruptions. Perhaps the timing would have been better after we see it bottom out and understand if we're seeing the money supply seize up or if there is a bump after the issues in the supply chain start to untangle.
        Code:
        As of 9/21/10:         As of 9/13/10:
        College Hockey 6       College Football 0
        BTHC 4                 WCHA FC:  1
        Originally posted by SanTropez
        May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
        Originally posted by bigblue_dl
        I don't even know how to classify magic vagina smoke babies..
        Originally posted by Kepler
        When the giraffes start building radio telescopes they can join too.
        He's probably going to be a superstar but that man has more baggage than North West

        Comment


        • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

          Code:
          As of 9/21/10:         As of 9/13/10:
          College Hockey 6       College Football 0
          BTHC 4                 WCHA FC:  1
          Originally posted by SanTropez
          May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
          Originally posted by bigblue_dl
          I don't even know how to classify magic vagina smoke babies..
          Originally posted by Kepler
          When the giraffes start building radio telescopes they can join too.
          He's probably going to be a superstar but that man has more baggage than North West

          Comment


          • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

            Originally posted by dxmnkd316 View Post
            Can somebody explain this to me? If the ROI less inflation is negative why would anybody ever buy?
            Cornell University
            National Champion 1967, 1970
            ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
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            Comment


            • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

              Originally posted by Kepler View Post
              Can somebody explain this to me? If the ROI less inflation is negative why would anybody ever buy?
              A couple reasons:
              - If rates go even lower, the price will go up, so you could sell it at a gain that way. Sure it seems impossible rates can go lower, but they continue to do so.
              - Central banks impose negative interest rates on banks cash deposits there, so a smaller negative interest rate on a T-security might be the lesser of two evils.

              Probably some others I'm missing.

              Cornell '04, Stanford '06


              KDR

              Rover Frenchy, Classic! Great post.
              iwh30 I wish I could be as smart as you. I really do you are the man
              gregg729 I just saw your sig, you do love having people revel in your "intelligence."
              Ritt18 you are the perfect representation of your alma mater.
              Miss Thundercat That's it, you win.
              TBA#2 I want to kill you and dance in your blood.
              DisplacedCornellian Hahaha. Thread over. Frenchy wins.

              Test to see if I can add this.

              Comment


              • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                Originally posted by French Rage View Post
                A couple reasons:
                - If rates go even lower, the price will go up, so you could sell it at a gain that way. Sure it seems impossible rates can go lower, but they continue to do so.
                So you're saying the absolute rate doesn't matter; all that matters is whether subsequent rates are higher or lower. All points on the number line are equally safe/risky and the place where the rate crosses zero is meaningless?

                That's counter-intuitive but I guess I understand. It's like saying the absolute cost of your house doesn't matter for your eventual profit, all that matters is that value relative to your selling price.
                Cornell University
                National Champion 1967, 1970
                ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                Comment


                • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                  Originally posted by Kepler View Post
                  So you're saying the absolute rate doesn't matter; all that matters is whether subsequent rates are higher or lower. All points on the number line are equally safe/risky and the place where the rate crosses zero is meaningless?

                  That's counter-intuitive but I guess I understand. It's like saying the absolute cost of your house doesn't matter for your eventual profit, all that matters is that value relative to your selling price.
                  Assuming you sell at some point along the way, before it matures. If you buy at 104 and then redeem it at 100, that's bad for you. But if you buy at 104 and someone a week later will buy for 105, yay. Things are very different if it's a bond you're grandma buys for your 10th birthday and you hold it for all 20 years, versus if you're a bond trader for a fund or such.

                  Cornell '04, Stanford '06


                  KDR

                  Rover Frenchy, Classic! Great post.
                  iwh30 I wish I could be as smart as you. I really do you are the man
                  gregg729 I just saw your sig, you do love having people revel in your "intelligence."
                  Ritt18 you are the perfect representation of your alma mater.
                  Miss Thundercat That's it, you win.
                  TBA#2 I want to kill you and dance in your blood.
                  DisplacedCornellian Hahaha. Thread over. Frenchy wins.

                  Test to see if I can add this.

                  Comment


                  • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                    Originally posted by Kepler View Post
                    Can somebody explain this to me? If the ROI less inflation is negative why would anybody ever buy?
                    Because they’re willing to take a guaranteed small loss compared to a possible huge loss. When rates go negative, that’s really, really bad. It means there is so much fear of losing a lot of money on the markets and other investments they’re ok with a 1-year loss of a percent or so.
                    Code:
                    As of 9/21/10:         As of 9/13/10:
                    College Hockey 6       College Football 0
                    BTHC 4                 WCHA FC:  1
                    Originally posted by SanTropez
                    May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                    Originally posted by bigblue_dl
                    I don't even know how to classify magic vagina smoke babies..
                    Originally posted by Kepler
                    When the giraffes start building radio telescopes they can join too.
                    He's probably going to be a superstar but that man has more baggage than North West

                    Comment


                    • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                      Originally posted by French Rage View Post
                      Assuming you sell at some point along the way, before it matures. If you buy at 104 and then redeem it at 100, that's bad for you. But if you buy at 104 and someone a week later will buy for 105, yay. Things are very different if it's a bond you're grandma buys for your 10th birthday and you hold it for all 20 years, versus if you're a bond trader for a fund or such.
                      Yeah that’s very true as well.
                      Code:
                      As of 9/21/10:         As of 9/13/10:
                      College Hockey 6       College Football 0
                      BTHC 4                 WCHA FC:  1
                      Originally posted by SanTropez
                      May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                      Originally posted by bigblue_dl
                      I don't even know how to classify magic vagina smoke babies..
                      Originally posted by Kepler
                      When the giraffes start building radio telescopes they can join too.
                      He's probably going to be a superstar but that man has more baggage than North West

                      Comment


                      • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                        Saudis drop the big one on Russia and Iran.

                        Saudi Arabia plans to boost oil output next month to well above 10 million barrels a day, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia.

                        The world’s largest oil exporter engaged in an all-out price war on Saturday by slashing pricing for its crude by the most in more than 30 years. State energy giant Saudi Aramco is offering unprecedented discounts in Asia, Europe and the U.S. to entice refiners to use Saudi crude.

                        At the same time, Saudi Arabia has privately told some market participants it could raise production much higher if needed, even going to a record 12 million barrels a day, according to people familiar with the conversations, who asked not to be named to protect commercial relations. With demand ravaged by the coronavirus outbreak, opening the taps would throw the oil market into chaos.
                        Saudi is exploiting the decline in demand due to the virus and the oncoming global slowdown by spiking supply to try to crater the price of oil. Countries whose economies depend on petrodollars like Russia and Iran are going to see their revenues collapse no matter what they do.

                        Why now? Funny you should ask.

                        At 10:16 a.m. on a wet and dreary Friday morning, Russia’s energy minister walked into OPEC’s headquarters in central Vienna knowing his boss was ready to turn the global oil market upside down.

                        Alexander Novak told his Saudi Arabian counterpart Prince Abdulaziz bin Salman that Russia was unwilling to cut oil production further. The Kremlin had decided that propping up prices as the coronavirus ravaged energy demand would be a gift to the U.S. shale industry. The frackers had added millions of barrels of oil to the global market while Russian companies kept wells idle. Now it was time to squeeze the Americans.

                        After five hours of polite but fruitless negotiation, in which Russia clearly laid out its strategy, the talks broke down. Oil prices fell more than 10%. It wasn’t just traders who were caught out: Ministers were so shocked, they didn’t know what to say, according to a person in the room.
                        This is the sort of thing that if you do it to the US you get "liberated." God knows what Dumpy will do if the Russians decide to send a message. (Obviously the answer is: whatever Putin orders him to do.)
                        Last edited by Kepler; 03-08-2020, 11:40 PM.
                        Cornell University
                        National Champion 1967, 1970
                        ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                        Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                        Comment


                        • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                          Comment


                          • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                            There goes Dimwit Donnie's prized "best stock market evah". Another round of corrections ought to erase most of the gains in the past 3 years.

                            Comment


                            • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                              This oil thing is maybe not so good. Higher prices in oil help drive the economy. Without a motive to pump oil, just running the wells becomes a losing enterprise. All of a sudden they fall into disrepair or the supply seizes. Now we have other industries shutting down because Oil can’t afford to take it in the pants like the saudis can short term.

                              Glad to have $1 gas, but oil at $50-$70 actually helps industry churn.
                              Code:
                              As of 9/21/10:         As of 9/13/10:
                              College Hockey 6       College Football 0
                              BTHC 4                 WCHA FC:  1
                              Originally posted by SanTropez
                              May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                              Originally posted by bigblue_dl
                              I don't even know how to classify magic vagina smoke babies..
                              Originally posted by Kepler
                              When the giraffes start building radio telescopes they can join too.
                              He's probably going to be a superstar but that man has more baggage than North West

                              Comment


                              • Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                                Oil could his $20.

                                But that's not the worst. All the debt racked up on oil futures comes due in 2022. Prolonged cheap oil will cause great pain in two years.

                                “Demolish the bridges behind you… then there is no choice but to build again.”

                                Live Radio from 100.3

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