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!@#$%! 12.08.2023 08:40 AM

199k jobs added in november, beating estimates, and unemployment down to 3.7% xD

The Soup Nazi 12.08.2023 07:17 PM

Quote:

Originally Posted by !@#$%!
199k jobs added in november, beating estimates, and unemployment down to 3.7% xD


Democrats now need to SELL IT, which in this day and age is actually harder than adding 199 thousand jobs and keeping unemployment down in the first place...

The Soup Nazi 12.08.2023 11:12 PM

From The Washington Post:

Small segment of voters will wield outsize power in 2024 presidential race

The electoral college system empowers a sliver of the U.S. population in a diminishing number of battleground states. And the majority may not even prevail.


Not that we didn't know the big picture, but read the details... Godfuckingdamn this shit is scary. VOTE!

The Soup Nazi 12.09.2023 12:25 AM

The flipside to some of our posts? From Zakaria's newsletter:

Quote:

Inflation Is Real

Don’t you know the economy is better, you ungrateful fools? That’s the message some Americans may be getting, incidentally and unfortunately, from celebrations of inflation’s taming, Bloomberg writes in an editorial—but it’s not a complete picture of how the economy is being experienced.

Yes, inflation has receded, and wages have risen, Bloomberg writes. But household budgets have still been tightened, and Americans still feel pain.

“Since 2020, prices overall have risen by roughly 20%,” Bloomberg notes. “Average wages have indeed risen a fraction more. But for many families, the cost of living depends especially on the prices of groceries, utilities, housing and credit. As reporting by Bloomberg Economics and Businessweek shows, groceries are up 25% since 2020; the food budget for a four-person household is up more than 30%. Housing is less affordable than it has been for years … The share of wages spent on interest payments … is at its highest since just before the crash of 2008—and close to a record. Unsurprisingly, debt delinquencies are rising fast. In short, many households don’t just feel worse off; they are worse off. An abruptly higher cost of living is most painful for those who are on fixed incomes, have lagging wages, or are struggling for whatever reason with financial insecurity. Telling them the economy is in excellent shape only adds insult to injury.”

Making a similar point in a New York Times guest opinion essay, former Obama Treasury adviser Steven Rattner points out that workers still aren’t sharing in the windfall brought by productivity gains, as they did decades ago. And as does Bloomberg’s editorial board, Rattner points at housing costs and lived economic experience beyond the numbers: “Consider one marker of generational progress: moving out. Nearly half of all Americans aged 18-29 live at home with their parents, the highest share since the Great Depression. In recent decades, rents in American cities have far outstripped income growth for young Americans, even those with college degrees. Those seeking to buy their first home and ‘climb the property ladder’ face the double whammy of high house prices and high mortgage rates, creating a massive affordability problem.”


!@#$%! 12.09.2023 04:35 PM

mierda... too friendly

https://www.lanacion.com.ar/el-mundo...s-nid09122023/

ooof... i hope it's just a tactical move because lula was fucking meddling with his election

====

and yeah zakaria has a point

ive been lucky this way around i guess

The Soup Nazi 12.09.2023 04:57 PM

Quote:

Originally Posted by !@#$%!
mierda... too friendly

https://www.lanacion.com.ar/el-mundo...s-nid09122023/

ooof... i hope it's just a tactical move because lula was fucking meddling with his election


First thing Kast (Cacast) did when Milei won was to post a picture of himself with Milei. Get a room already, all you pervs.

Quote:

Originally Posted by !@#$%!
and yeah zakaria has a point


Actually, the Zakaria newsletter isn't necessarily written by him - it's "compiled by Global Briefing editor Chris Good"... I'm sure FZ reads it before it's sent, though. But to your point about the point, yes, which is why I'm so worried about 2024:

 

The Soup Nazi 12.10.2023 11:47 PM

From Wonkette:

Quote:

John Kennedy Catches 'Home Alone' On Cable, Shocked By Passage Of Time

That damn 'Bidenflation'!

https://www.youtube.com/watch?v=e7dfCs0z5Eg

I rarely watch Home Alone these days, because as a father, it’s painful to even imagine such a nightmarish scenario as my beloved child ruining my Christmas trip to Paris. However, the 1990 John Hughes hit has become annual holiday viewing for most folks, including apparently the staff at right-wing garbage site Breitbart (NO LINK!), which made a big fuss over how the everyday grocery items Kevin McCallister (Macaulay Culkin) buys were so less expensive back during the George H.W. Bush administration.

USA Today also ran with this “wow, inflation exists!” feature. “Bidenomics” just can’t catch a break.

Kevin picks up milk, bread, toilet paper, laundry detergent, fabric softener, cling wrap, macaroni and cheese, a turkey TV dinner, orange juice, and a bag of plastic Army men. The damage is $19.83. Apparently, those same items today would run you about $44.40. Thank God they finally indicted Hunter Biden. Our long national price-gouging nightmare is over at last. A half-gallon of milk is $1.71 again. It’s a Christmas miracle.

Republican Sen. John Kennedy from Louisiana claimed these items would cost $72.28 (thanks to #Bidenflation), but I’m more inclined to trust the nice lady on Tik Tok. Anyway, this might blow your mind, but it’s been 33 years since 1990, when Color Me Badd was blowing up the charts. Chicago’s minimum wage at the time was just $3.80. It’s now $13. Chicago’s median household income in 1990 was around $32,252. It’s now about $70,000. None of these figures explain how Kevin’s parents afforded that straight-up mansion where they lived, but there’s nothing to indicate that Joe Biden’s economic policies have “crushed family holiday budgets.”

Kennedy is a stupid man (no, I’m not impressed that he attended an Ivy League school) who thinks his supporters are even dumber. If Biden had wrecked the economy with the same efficiency that Scar’s leadership devastated the Pride Lands, there would be a more drastic inflationary impact from Trump’s reign of terror to now. There isn’t. Biden never pulled the “Emergency Socialism Self-Destruct” lever. Maybe the grocery items Kevin bought were slightly cheaper over Christmas 2020 when we were all stuck home alone, but I prefer our current reality to the Quarantine Times.

It’s interesting to compare 1990 prices to 33 years prior in 1957. The median income when Grease was the word was about $5,000. Every item at McDonald’s cost less than 25 cents, and a hamburger was 15 cents. The average movie ticket price was around 62 cents, and a comic book was 10 cents. I vividly recall 1990 as the year when all comics were suddenly a dollar, and my parents were aghast.

Maybe Andy Rooney might’ve grumbled on “60 Minutes” back in the day that Cary Grant’s character in Mr. Blandings Builds His Dream House paid $56,000 for his “dream property” in the country, but now you’d have to pay at least 10 times that! Rooney was a professional curmudgeon. You should demand more from your elected officials, although you can’t really expect more from Republicans like Kennedy.

Anyway, here’s an adorable Google ad featuring the then 38-year-old Macaulay Culkin safely and legally home alone.

OPEN THREAD!

https://www.youtube.com/watch?v=-lfHXKbsMLE

The Soup Nazi 12.10.2023 11:56 PM

And now, from Zakaria's newsletter, a brief trip to HELL:

Quote:

Warnings, From Trump and Others, About a Second Trump Term

Former US President Donald Trump is up to his old tricks, promising to turn the US into a dictatorship for only the first day of a second Trump presidency.

Given that Trump sought to retain power despite losing an election in 2020—and encouraged an armed mob to march on the US Capitol after the failure of other gambits, such as pressuring local officials to say the election was stolen; leaning on Vice President Mike Pence to nix the votes of two states; and reportedly considering replacing the acting US attorney general with an ally who would use the power of the Justice Department to undermine and perhaps overturn the election result, before senior department officials threatened to resign en masse if Trump did it—critics have no trouble believing him.

Not long before Trump’s comment, Washington Post editor-at-large Robert Kagan argued in a long and detailed essay that Americans may soon live under an actual Trump dictatorship.

“Can Trump win the election” in 2024? Kagan asked. “The answer, unless something radical and unforeseen happens, is: Of course he can. … If Trump does win the election, he will immediately become the most powerful person ever to hold (the presidency). … What limits (presidential) powers? The most obvious answer is the institutions of justice—all of which Trump, by his very election, will have defied and revealed as impotent. A court system that could not control Trump as a private individual is not going to control him better when he is president of the United States and appointing his own attorney general and all the other top officials at the Justice Department. Think of the power of a man who gets himself elected president despite indictments, courtroom appearances and perhaps even conviction? Would he even obey a directive of the Supreme Court? Or would he instead ask how many armored divisions the chief justice has?”

Given Trump’s recent and disturbing reference to his opponents as “vermin,” Kagan raised another dictatorial issue: the notion of Trump, once back in power, pursuing vendettas. “And who will stop the improper investigations and prosecutions of Trump’s many enemies?” Kagan asked. “Will Congress? ... Will Fox News defend them, or will it instead just amplify the accusations?”

In a follow-up essay this week, Kagan identified ways to avoid a Trump dictatorship, most notably anti-Trump Republicans siding with Democrats to vote against him in 2024, if Trump emerges as their party’s nominee. Seemingly less convinced Trump will win the GOP nomination, The Wall Street Journal argues in an editorial that opponents like Nikki Haley have a powerful argument against Trump in his own record.

Regardless of dictatorship fears, a second Trump term figures to be less restrained than the first. At CNN Opinion, historian and CNN political analyst Julian Zelizer identifies seven reasons why, including Trump’s survival of past impeachments and the likelihood that his Cabinet would be filled with inexperienced allies prone to saying “yes.” With Trump’s possible return looming, and with Ukraine aid held up amid partisan gridlock, Susan Glasser writes for The New Yorker that in Washington, a “true year-end panic has set in.” The Atlantic has published a full issue of staff reporting and analysis on the consequences of a Trump return to the White House. At The New York Times, Jonathan Swan, Charlie Savage, and Maggie Haberman report rising fears that a second-term Trump will pull the US out of NATO, as the first-term Trump considered doing according to former Trump National Security Advisor John Bolton.

The rest of the world must prepare now, writes Financial Times columnist Edward Luce, warning that a second-term Trump might disengage the US from the world, allowing Russia and China to advance their agendas and giving US allies like Japan, South Korea, and Australia reason to obtain nuclear weapons.

The Soup Nazi 12.11.2023 12:39 AM

Quote:

Originally Posted by !@#$%!
mierda... too friendly


You're not surprised though, are you? Every country has one of these, and by and large they dig each other.

!@#$%! 12.11.2023 08:46 AM

Quote:

Originally Posted by The Soup Nazi
You're not surprised though, are you? Every country has one of these, and by and large they dig each other.

they maybe have a common enemy, it doesn't mean they have to be the same

latin america unfortunately suffers from a long history of the tyranny of good intentions, whereby if you say that you're for the poor you're given a pass for all sorts of atrocities. like, say, cuba, imprisoned. but fidel alphabetized the island! lol. and in venezuela, maduro susbidizes sardines! (and has exported 6 million refugees)

of course those left tyrants are the enemies of progress and prosperity. not that progress and prosperity don't come with their own problems, but it's easy to want the natives of some faraway land to reject science and modern goods and services while one enjoys all the comforts of technology and is on the winning side of global commerce. so no, latin america doesn't have to be just a tourist destination for rich gringos and europeans looking to slum it. latin america doesn't have to be "third world" . prosperity can happen with open markets, free enterprise, and the rule of law

but anyway, "the right" tends to band around in opposition of the left, but it doesn't mean they are the same necessarily. odd to see an authoritarian nazi spawn member of a marian cult hanging out too much with a globalist libertarian who has a rabbi and dislikes the pope lololol (although catholic right wingers preferred ratso and the polish guy before him. "anticommunists." but i digress.) there are lefts and lefts like there are rights and rights. those people are not the same, but they might have a common enemy, yes

and at this moment i just hope some economic liberalization can save argentina from their disgracefully impoverishing clusterfuck. that would be some real progress

The Soup Nazi 12.16.2023 08:37 PM

Alexei Navalny has "disappeared".

ETA: https://news.google.com/topics/CAAqJ...S&ceid=US%3Aen

!@#$%! 12.17.2023 09:19 PM

i'm sure they've killed him. he said way way before not to moan for him. not that it's not fucked up. it's fucked up

==

anyway so you guys rejected the ultra right wing constitution huh?

good for you

who knew that being stuck with the pinochet legacy could be a "good thing" relatively?

The Soup Nazi 12.19.2023 11:13 PM

 


https://news.google.com/stories/CAAq...S&ceid=US%3Aen

The Soup Nazi 12.25.2023 03:30 PM

Navalny "found".

Alive (more or less) in a penal colony called IK-3 Polar Wolf, located in Kharp, Siberia, "beyond the Arctic Circle". Because Moscow wasn't cold and dark enough, you see.

The Soup Nazi 12.26.2023 04:50 PM

Tesla Blamed 'Careless Owners' For Factory Defects, Because Hey, They Knew They Were Buying A Tesla

No defect, no defect, YOU'RE the defect!

Antagon 12.26.2023 07:38 PM

Quote:

Originally Posted by The Soup Nazi


It's kind of a pity this only works on a state-by-state basis when there are ample reasons he should be barred from running again, period. But I guess it's better than nothing. I'm hoping this will domino into a bunch of other states following suit - looking towards Georgia and New York - not that the latter would make much of a difference based on where his voters are. But it would be a nice added bonus to see his former home state giving him the boot. Was there another state with running investigations/court cases? I've sort of lost track, the guy leaves a trail of crime and gross misconduct wherever he sets foot.

!@#$%! 12.27.2023 10:14 AM

Quote:

Originally Posted by Antagon
It's kind of a pity this only works on a state-by-state basis when there are ample reasons he should be barred from running again, period. But I guess it's better than nothing. I'm hoping this will domino into a bunch of other states following suit - looking towards Georgia and New York - not that the latter would make much of a difference based on where his voters are. But it would be a nice added bonus to see his former home state giving him the boot. Was there another state with running investigations/court cases? I've sort of lost track, the guy leaves a trail of crime and gross misconduct wherever he sets foot.

what is the real pity is that americans live in 2 alternate realities that seldom meet

republicans have started an impeachment inquiry against biden with no evidence of wrongdoing whatsoever. im not saying that biden is a saint, but come on. he's already guilty of amazing conspiracies, in their wacko minds

but hey!

 


a cult is a cult is a cult is a cult

that is what's really going on. a cult

=

while the usa is a country, yes it's got a bigger territory than europe, has 50 states instead of 27 or 28 nations (i forget the exact number, sorry), has 75% of the population, etc etc

now if you compare the usa to europe as a whole you'll have a better scale to grasp things. europe has orbán and duda and wilders and le pen and meloni & co (she's more reasonable than her associates it seems). and that person in slovakia and some swedes and germans etc etc. oh and you have your own austrian corporals as well. europe as a whole is held together by brussels rules i guess, but what happens in various places is still their own local thing. about a third of eu countries have not even adopted the common currency


the us federal government has more central power over its union than brussels over its own, of course, especially since we had the civil war. but states have their rights per the constitution and that's the way it's been from the start. i can sit on an entire home armory in one state, and get arrested for having a pocket knife in the next one

so when you think of "states" think about portugal, denmark, bulgaria, ireland, cyprus... not as the same thing as our states, but just for scale and perspective. wyoming has a population right between those of malta and luxembourg. california, similar to poland. florida, more than romania. new york state more than the netherlands. pennsylvania, more than belgium.... etc etc. massive place!

=

and now to stich it all together from my rambling mess: the trump cult is what is keeping the states from working more cohesively at the federal level, as of late

and so the states go off on their own. as they are entitled to do. here in this case, because they run their own elections

but it's not like the states have always worked well together. from the origins, the constitution was supplemented by the bill of rights, the division between free and slave states set the stage for a bloody civil war, etc etc.... and now we have this shit

The Soup Nazi 12.28.2023 08:10 PM

Now Maine says T**** can go fuck a goat.

SCOTUS is gonna have to move in faster that they wanted to, if they wanted to at all (they didn't). And Clarence Dawg won't recuse himself. And there it will die. But in the meantime, bring on the popcorn, I guess?

The Soup Nazi 01.01.2024 03:02 AM

A stupidly fun one to start the year:

Lauren Boebert blames Barbra Streisand and Ryan Reynolds for making her switch districts

The Soup Nazi 01.03.2024 07:21 PM

Who knew death threats work.

The Soup Nazi 01.04.2024 05:21 PM

Oh man, just today (crazy, I know) I found out psycho anti-vaxxer racist conspiracy theorist walking talking turd RFK Jr.'s wife is... Cheryl Hines! :eek::(:mad:

What the fuck is wrong with people...

!@#$%! 01.05.2024 08:32 AM

https://www.bls.gov/news.release/empsit.nr0.htm

216k new jobs in december, unemployment holds at 3.7%, 164k private payrrolls, dollar UP UP UP

--

48m later:
nice fkin whipsaw in the eurusd charts xD
...
and later, the dollar tanking in all main charts hahah
wtf these fx markets lol

--
in any case it looks like soft soft landing

The Soup Nazi 02.01.2024 09:30 PM

Good news and a good time via Wonkette:

Quote:

Joe Biden Up Six Points (22 With Women), And That's Before The Pentagon Even Activates Taylor Swift!

What? All the conspiracy theories are true, obviously.

Evan Hurst
Feb 1, 2024


 


We made an AI, sorry

Look, loser Dean Phillips and the mainstream Beltway media that can’t stop bitching about Joe Biden being too old and, again, loser Dean Phillips!

It’s a poll!

Look, Donald Trump!

It’s a Quinnipiac poll!

It says Joe Biden’s winning!

It says he’s winning by six points nationwide! It’s 50-44!

Joe Biden has Democrats 96 to two!

Which is better than Trump’s 91 to seven Republican lead!

Joe Biden has independents 52 to 40!

It says Joe Biden is winning women by 22 points AKA 58 to 36!

Considering all this, the poll says Dean Phillips should go rub his dick in hell!

Just kidding no it doesn’t!

Quinnipiac didn’t ask if he should do that!

An honest oversight, we are certain!

But it’s really time for him to get out of the goddamned way, please and thanks!

(The poll also has a whole section about Biden v. Nikki Haley, who does better against Biden than Trump does. But she ain’t gonna be the nom unless something truly crazy happens, so fuck writing about dat.)

This is why MAGA is so scared of Taylor Swift, even before she’s been activated.

Just wait until the Pentagon and the Deep State and Hillary Clinton and Joe Biden and the Illuminati lay hands on Taylor Swift and speak that secret incantation “Look What You Made Me Do” and imbue her with the all the powers of God and Jesus and give her the nuclear codes and Dark Brandon is fused with Dark Taylor and they use all that power to tell Americans to write Joe Biden’s name in their Blank Space.

Just wait until the CIA does the Taylor Swift brainwashings to all American women, so they will run, not walk, to the voting booth to tell Donald Trump how they know All Too Well that they are Never Ever Ever Getting Back Together with him.

Just wait until Satan reveals himself as the real president who’s been hiding behind Dark Brandon’s eyes this whole time.

It’s gonna be a Cruel Summer for Donald Trump when he finds out who the Mastermind of all this really is. Oh, the Karma.

Ohhhhhhh these Illicit Affairs! Who’s pulling this Invisible String? ‘Tis The Damn Season to find out!

This Is Me Trying to end this blog post, guess we’ll just Shake It Off right now.

… Ready For It?

The end. (Taylor’s Version.)

tw2113 02.01.2024 11:52 PM

i'm here for all the Swift Memes

!@#$%! 02.02.2024 08:31 AM

Employment Situation Summary
Transmission of material in this news release is embargoed until USDL-24-0148
8:30 a.m. (ET) Friday, February 2, 2024

Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces

Media contact: (202) 691-5902 * PressOffice@bls.gov


THE EMPLOYMENT SITUATION -- JANUARY 2024


Total nonfarm payroll employment rose by 353,000 in January, and the unemployment rate
remained at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains
occurred in professional and business services, health care, retail trade, and social
assistance. Employment declined in the mining, quarrying, and oil and gas extraction
industry.

This news release presents statistics from two monthly surveys. The household survey
measures labor force status, including unemployment, by demographic characteristics.
The establishment survey measures nonfarm employment, hours, and earnings by industry.
For more information about the concepts and statistical methodology used in these two
surveys, see the Technical Note.

--

"ripping strong jobs" someone just said

The Soup Nazi 02.13.2024 06:17 PM

From Wonkette:

Trump's Deport Everyone Wet Dream A Little Heavy On Storm Troopers For Our Taste

Beer In Belly 02.14.2024 05:57 AM

I hope Trump wins purely for the hate-watch

!@#$%! 02.14.2024 11:00 AM

Quote:

Originally Posted by Beer In Belly
I hope Trump wins purely for the hate-watch

i hope you only drink rusty tap water and stale urine till the end of your miserable days, you beer-pregnant bastard

...

like that? ;p

Beer In Belly 02.15.2024 08:47 AM

Quote:

Originally Posted by !@#$%!
i hope you only drink rusty tap water and stale urine


Belgian beer? Sorry but I will never touch that again

!@#$%! 02.15.2024 10:15 AM

Quote:

Originally Posted by Beer In Belly
Belgian beer? Sorry but I will never touch that again

hahahaha

just alcohol free metabolites for thee

don't be jealous of the belgians you carlsberg swiller

hmm i might pick up a lambic this weekend... (thanks for the good idea)

The Soup Nazi 02.15.2024 10:52 AM

What the fuck is Jon Stewart doing? :mad:

https://www.playtyperguy.com/p/do-we...arts-political

Beer In Belly 02.16.2024 08:21 AM

Quote:

Originally Posted by !@#$%!
hahahaha

just alcohol free metabolites for thee

don't be jealous of the belgians you carlsberg swiller

hmm i might pick up a lambic this weekend... (thanks for the good idea)


All of these Danish and Belgian etc. beers might actually be nice, however the ones brewed inside of the UK taste rancid, completely different to the imported cask for some reason, and good luck finding imports in the local offy. Can these companies get away with lowering alc. content and making the brew a cheaper way somehow? because the British public have no standards with a "I will drink it if it is wet" approach? bet your arse. I don't know what it's like in your neck of the woods but if Trump wins maybe he will ban the foreign Imports like he did with foreign immigrants. Let's be honest, the banning of immigrants you can live with but when you start messing with beer the gloves are off.

!@#$%! 02.16.2024 09:02 AM

tv/beer/turd banter aside, the ppi data just came in hot this month, +0.3 for january, +0.6 for services -0.2 for goods. inflation still a bit sticky. the michigan consumer sentiment gets published in an hour, last month it was strong, and monthly retail sales flagged a bit in yesterday's report, -0.8 vs -0.1 predicted, so imma guess consumer sentiment will read a little weaker? sticky inflation plus weaker consumption would be like a mini stagflation (not really a stagflation just not the ideal soft landing everybody wanted). dollar did shoot up though. after today we gotta wait for the next data dump...fomc minutes feb 21?

...

eta holy shit the consumer sentiment remains STRONG

this is mixed data vs yesterday's retail figures, but january data can be "noisy" post-holidays

michigan consumer sentiment index:

Preliminary Results for February 2024
Feb Jan Feb M-M Y-Y
2024 2024 2023 Change Change
Index of Consumer Sentiment 79.6 79.0 66.9 +0.8% +19.0%
Current Economic Conditions 81.5 81.9 70.7 -0.5% +15.3%
Index of Consumer Expectations 78.4 77.1 64.5 +1.7% +21.6%

(that is a table, with 4 rows and 5 columns, notice change is listed as month to month AND year to year)

this is preliminary but yeah looks good for the economy, at the same time pushes inflation up lol

no soft landing yet, just "no landing", long runway lol

further weight to no rate cuts expected in march, so dollar is up. still looking forward to fed minutes release in 5 days

!@#$%! 02.16.2024 10:27 AM

well shit, navalny is dead now

no surprise

fuck putin

ps navalny was laughing until the end so please no hysterics that he wouldnt have welcome

https://www.bbc.com/news/av/world-europe-68319164

Antagon 02.16.2024 04:04 PM

New York Court orders Cheeto to pay $ 354.9 million in fraud case


I wonder how he'll weasel his way out of this again (which I hope he won't, but hope is hard to come by these days).

The Soup Nazi 02.16.2024 07:18 PM

Navalny Interrupts Putin PR Agent Tucker Carlson's Work By Dropping Dead

!@#$%! 02.17.2024 09:23 AM

the economist says boric had to grow up at last and kast's moralizing is getting a cold shoulder

Chile’s crisis is not over yet
https://www.economist.com/the-americ...s-not-over-yet

i hope it's true...

and on annoying news, lula can't give up his old habits and it's starting to fuck with petrobras which had gone broke under lula/rouseff corruption, was rescued under temer, and was fiddled with again by bolsa de caca

Why Lula keeps meddling with Latin America’s top oil company
https://www.economist.com/the-americ...op-oil-company

jfc...

meanwhile, england keeps cranking out pointless statutes:

Ban it harder! An unwelcome new trend in British politics
https://www.economist.com/britain/20...itish-politics
hilarious

ukraine's sea drones

How Ukraine sank the Caesar Kunikov—and is beating Russia at sea
https://www.economist.com/the-econom...-russia-at-sea

fuck putin!

and here his filthy new weapon:

What is Russia’s mysterious new space weapon?
https://www.economist.com/the-econom...w-space-weapon

fuck him, truly

the wa state? wtf! first time i hear about it...

The Wa: the world’s biggest drug-dealers, with a tiny profile
https://www.economist.com/culture/20...a-tiny-profile
insane...

Beer In Belly 02.19.2024 06:53 AM

Quote:

Originally Posted by !@#$%!
tv/beer/turd banter aside, the ppi data just came in hot this month, +0.3 for january, +0.6 for services -0.2 for goods. inflation still a bit sticky. the michigan consumer sentiment gets published in an hour, last month it was strong, and monthly retail sales flagged a bit in yesterday's report, -0.8 vs -0.1 predicted, so imma guess consumer sentiment will read a little weaker? sticky inflation plus weaker consumption would be like a mini stagflation (not really a stagflation just not the ideal soft landing everybody wanted). dollar did shoot up though. after today we gotta wait for the next data dump...fomc minutes feb 21?

...

eta holy shit the consumer sentiment remains STRONG

this is mixed data vs yesterday's retail figures, but january data can be "noisy" post-holidays

michigan consumer sentiment index:

Preliminary Results for February 2024
Feb Jan Feb M-M Y-Y
2024 2024 2023 Change Change
Index of Consumer Sentiment 79.6 79.0 66.9 +0.8% +19.0%
Current Economic Conditions 81.5 81.9 70.7 -0.5% +15.3%
Index of Consumer Expectations 78.4 77.1 64.5 +1.7% +21.6%

(that is a table, with 4 rows and 5 columns, notice change is listed as month to month AND year to year)

this is preliminary but yeah looks good for the economy, at the same time pushes inflation up lol

no soft landing yet, just "no landing", long runway lol

further weight to no rate cuts expected in march, so dollar is up. still looking forward to fed minutes release in 5 days


BORING!

Wake me up when we get back to beer

!@#$%! 02.19.2024 06:58 PM

Quote:

Originally Posted by Beer In Belly

Wake me up


hahaha

how about FUCK NO

stay down

--


news from friday morning we missed:

PRODUCER PRICE INDEXES - JANUARY 2024


The Producer Price Index for final demand increased 0.3 percent in January, seasonally adjusted,
the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in
December 2023 and advanced 0.1 percent in November. (See table A.) On an unadjusted basis,
the index for final demand rose 0.9 percent for the 12 months ended January 2024.

In January, the advance in the index for final demand can be traced to a 0.6-percent rise in prices
for final demand services. In contrast, the index for final demand goods decreased 0.2 percent.

The index for final demand less foods, energy, and trade services rose 0.6 percent in January
2024, the largest advance since moving up 0.6 percent in January 2023. For the 12 months ended
January 2024, prices for final demand less foods, energy, and trade services increased 2.6
percent.

--

full report: https://www.bls.gov/news.release/ppi.nr0.htm

Beer In Belly 02.20.2024 05:03 AM

Quote:

Originally Posted by !@#$%!
hahaha

how about FUCK NO

stay down

--


news from friday morning we missed:

PRODUCER PRICE INDEXES - JANUARY 2024


The Producer Price Index for final demand increased 0.3 percent in January, seasonally adjusted,
the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in
December 2023 and advanced 0.1 percent in November. (See table A.) On an unadjusted basis,
the index for final demand rose 0.9 percent for the 12 months ended January 2024.

In January, the advance in the index for final demand can be traced to a 0.6-percent rise in prices
for final demand services. In contrast, the index for final demand goods decreased 0.2 percent.

The index for final demand less foods, energy, and trade services rose 0.6 percent in January
2024, the largest advance since moving up 0.6 percent in January 2023. For the 12 months ended
January 2024, prices for final demand less foods, energy, and trade services increased 2.6
percent.

--

full report: https://www.bls.gov/news.release/ppi.nr0.htm


Shit the bed. What has this place turned into? the financial times?!

Quote:

Originally Posted by !@#$%!
stay down


Won't be an issue considering these posts put me to sleep :p


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