Quote from: K-Dog on Mar 21, 2026, 01:24 PMWhat is going on with unemployment.  As Americans we can never know because the numbers and definitions defining it are decided by the deciders and deliberately designed to obfuscate reality from the average guy.

An EXCELLENT turn of phrase. With one change, it ABSOLUTELY fits what I've been watching for more than 20 years now.


What is going on with peak oil. As Americans we can never know because the numbers and definitions defining it are decided by the deciders and deliberately designed to obfuscate reality from the average guy.

Quote from: K-DogRumor has it the current number is exceptionally divorced from reality.

And the conclusion on the other topic was certainly the same.

Add Market Manipulation & Insider Trading to Trumpolini's list of High Crimes & Misdemeanors.

RE

If oil stays above $100 throughout Q2 and into Q3, stagflation becomes a problem. In the 1970s, the S&P 500 went nowhere for an entire decade when stagflation took hold.  Stagflation is like long Covid, it just does not go away.

Trump does not understand economics.  If he did we would not be in this mess.  If the cost of a commute and a meal exceeds daily take-home pay, the labor force demands an immediate raise or quits.  It is a mathematical thing, not a choice.

Household debt was 40% of income in the 70's.    Now household debt is 80-90% for the middle class.  There is no wiggle room like there used to be.  Today the employment situation in America is dismal for many.  And filling my gas tank today cost an extra $17.

The scamasaurus thinks it is a good idea.  What else is there to say.

Quote from: K-DogAnd filling my gas tank today cost an extra $17.

DA YAM!!!! Filled my tank the other day for $1.68. You high net worth types, just THROWING money away like its NUTTIN!!