There was a recovery? Where?It's official: The Covid recession lasted just two months, the shortest in U.S. history
The Covid-19 recession is in the books as the shortest in U.S. history, the National Bureau of Economic Research said Monday.www.cnbc.com
Since the recession officially ended in April of 2020, then I assume I won't hear Biden spout off about "his" economic recovery.
Are you confusing inflation with a recovery??
Sure sounds like that. He forgot to take his lithium or something.
So inflation driven by production issues and artificial demand created by production issues in other sectors is a recovery?
Classic Pilt! Pretend you know more than you do and when you get called on it be the “bigger man” and pretend you’ll help guide them through a self-learning process.
Pilt, undisputed king of jibberish.
Honestly don’t know why you waste your time with the guy. I have clients in all three of those industries and I know exactly what’s happening.
I don’t know why, either. I suspect he’s fairly young. There’s something about him that makes me think he’s not a completely lost cause. Unlike @davidallen and @Syskatine I think if you look past his “clever” talk he at least listens to what he’s being told. I have faith that he internalizes it, whereas the other two dismiss it without a first thought, much less a second. I do believe Pilt is so publicly dug in he would never admit it if he wavered. But in my heart I think he is “waverable.”
Well, Pilt, I think you are pretending. If you weren’t pretending you’d state your case and defend it.
And were immediately challenged, at which point you went into your “bob and weave” technique.
No, noting that the prices of those items are going up, is not a refutation of recovery it is evidence of a recovery. Which is why I asked the gentlemen who has clients to think about what he was saying a little bit. Of course that was too hard for him, though.
Dude get ****ing lost, it’s a function of supply chain issues caused by a pandemic (and bad energy policies of the current administration) not a recovery. Ponca can keep wasting his time but you’re an absolute moon calf.
Seeing as it was too hard for him the proper thing for you to do would be to explain exactly what you meant. You didn’t do that. You “hid” behind a seemingly sanctimonious “I know something you don’t know, but I’ll never tell you” attitude. This isn’t a classroom, and you aren’t the professor. It’s a board designed for discussion. So discuss! Lay out your case and defend it against all comers! Too often you take a cowardly approach. I have confidence you are better than that.
If he is too dumb he is too dumb I don't feel like explaining how the economy works to someone unwilling to put some basic thought to the subject.
Then why are you on this board? If you think you’re showing everybody how smart you are, please take it from me, a person that genuinely likes you (I sometimes think i’m the only one) your modus operandi is failing miserably. How can you expect anyone to think you know what you’re talking about when you refuse to explain what you’re talking about? If you're on this board to confirm to yourself how smart you are you should understand that’s a psychological “tell” that you may prefer to hide away.
Okay, this is the last thing I’ll say about it. You can play “hide and seek” or you can have a legitimate discussion. If you have a legitimate discussion you might discover he knows a lot more than you thought, he’s approaching things from a different economic school or his life experience is considerable, which makes his opinion worthy of entertaining. Your current method of discussion gets neither of you anywhere. (It’s almost like you’re goal is to make the other guy mad, as if that is a victory for you.)
Wasting your breath. I’ll just keep writing loans based on financials, industry fundamentals and projections and he’ll still be here making an ass of himself.
Luckily for you writing loans doesn't require too much thinking
I told you I’m done with you, I have no interest in arguing with a fool.
You don't want tell me how rising rig counts and frac spreads are inflation not recovery? Are car sales up 25% y-o-y because of supply chain?
I think you are correct to be done with Pilt. All he does is play his own sinister version of Whack-A-Mole, running from one cryptic comment after another in a desire to frustrate you and make you mad. The object of his game is to see how quickly he can make you mad. It’s incredibly juvenile, which convinces me he is young and immature.
You can’t read read either can you…I’m done.
I actually don’t care about that, but I can tell you after nearly 20 years in the finance sector he’s at best educated but wildly unintelligent and for him to pretend otherwise is what is frustrating.
