patrick.net

The only thing this indicates is the collapse of the trojan industry in america...

Logan Mohtashami says

APOCALYPSEFUCK_is_ADORABLE says

The way conferences work is that they get the speakers to pay for slots to promote their scams.

Note True

I never pay for anything it's actually all verified too. Now the Wall Street firms have to pay to attend and fly to the event

At the end of the month economist John Huskin and I are speaking at the CAR conference on the economy, housing and Donald Trump

and they give me a free hotel room too

Come on .... after all these years you guys are still rolling the 3 same sentence structures... tsk tsk

Well, it's verified that you do pay.
http://americatalyst.com/content/invitation-request

There is an expensive fee paid by both invited guests and applicants who wish to attend.

8. Some of you may find the registration fees quite expensive, and others will receive discounted rates based on your type of firm (such as government, for example). If you find the fees expensive, please know that in 12 years, we have never had anyone feel that the money was not worth it. Furthermore, this event is based on its purpose and not its profit.

So you as an paid applicant were picked out of the audience to sit on the hot seat and have your picture taken.

We have a "hot seat" up onstage and frequently call people out of the audience to join the session. Be prepared.

Logan Mohtashami says

Note True

I never pay for anything it's actually all verified too.

Macropodia says

We have a "hot seat" up onstage and frequently call people out of the audience to join the session. Be prepared.

Exactly I paid nothing ... and I am paying nothing to speak at the CAR event ..and I am paying nothing to speak again at Ameri catayst again

and then there are you guys here

Macropodia

APOCALYPSEFUCK_is_ADORABLE

Ironman

Jesus ... boy band trolls with rag tag names... none of you will ever have the guts to put your real name and faces on all your post ... ever ...
that's what trolls are

this is what makes you all priceless ... you time stamp your Anti American non sense you're too chicken to put your names and faces on your post

Old Old men... hiding ...

Put all your names and real faces and lets see how brave you boy bands are then

You got nothing son, troll all you but you will always hide behind fake names and fake photos because that's the true nature of what you speak ..

Logan Mohtashami says

Put all your names and real faces and lets see how brave you boy bands are then

Read" The ART of War"
First rule : MAKE YOURSELF THE BIGGEST TARGET POSSIBLE?

It's not about BRAVERY. It's about WINNING.

HEY YOU says

It's not about BRAVERY. It's about WINNING.

Yes, in the Art of war.. you let your enemies do your fighting for you...

See you guys are doing me a favor because my thing is about Trolls not being able to read data properly

I still can't believe you guys are taking the bait here

Math, Facts and Data matter... the rest is storytelling

This is just the start... 15-20 years left of taking out extreme right wing and left wing trolls ... but I can't do this unless you guys and gals speak ...

Here I was worried that you would come to your senses and just ignore me...

HA.... boy what an unfounded fear ...

Bring it... all day and all night ....

This is America... we don't beg in this country ...

APOCALYPSEFUCK_is_ADORABLE says

There is an expensive fee paid by both invited guests and applicants who wish to attend.

exactly I didn't pay the registration fee like the attending people did that didn't speak

Just look at the list of people that went to conference... do you really think those economist, data analyst, government officials really paid the full registration fee to just speak in Texas

What?

Come on now... you're smarter than that

OK Logan--

Here's some math and facts for you:

(inequality in US over last 100 years or so) What does this chart say to you?

joeyjojojunior says

(inequality in US over last 100 years or so) What does this chart say to you?

Not much. You need to provide more info about your graph.

joeyjojojunior says

(inequality in US over last 100 years or so) What does this chart say to you?

165 million working people
real wages are at all time highs
105 Trillion dollars of financial asset
Reserve currency of the world
Highest Job openings ever printed in the history of the world
Inflation is low

And you guys... think we are on the verge of some collapse

APOCALYPSEFUCK_is_ADORABLE says

APOCALYPSEFUCK_is_ADORABLE

clap clap clap

Well, I guess I can be someone that puts a picture of a gun to Palin's head.

I mean why would I listen to professional economist, data analyst, President of big financial corporations

Us trolls we know everything, forget the professionals listen to us

Come one... really... this act works only among yourselves

My job is to disprove the Anti American left and right who have been predicting death and doom since 1790

The battles will always continue

Before someone puts up a zero hedge article that all jobs were part time

come on ... bring it... keep on challenging me... that's the ticket ....

I am only the reaction to all your hate of this country...

Action = Reaction

It's the way life works on planet earth, some people rise to the challenge

Please inform everyone how terrible America is and I will always fight that thesis ... always

Your better thesis to make

Is that low educated and low skilled Americans have a hard time making a cost of living wage .. that has merit the rest is fear death talk... it won't work

Displacement technology is real, even for trade surplus Germany...

Logan Mohtashami says

Manufacturing jobs are on a long term down trend, just like agriculture was in the last century. It's called progress. No point fighting it.
If you don't want to be a victim of job losses, get the right education and skills.

Logan Mohtashami says

I still can't believe you guys are taking the bait here

Do you realize I just TROLLED YOU & YOU took the bait.

What's your true wealth in FIAT CURRENCY?
Valuing everything one owns in worthless paper is FINANCIAKL GENIUS.
Some aren't dependent on what a rigged market or economy does,collapses.
How many are finankally independent?
Who's got readily available assets? There are some who understand
the hidden meaning is this question.
Great american ENTREPRENEURS pay cash for healthcare.
How's that lung & liver cancer from smoking & drinking coming along?

Manufacturing is the 4th biggest employment sector in the U.S. but it makes up less than 9% of total jobs in the U.S.

This is why the PMI recession bears of 2015 and 2016 will go down in history as one of the worst collapse economic calls we have seen in modern day history

now that oil is up, world trade picking up

HEY YOU says

FIAT CURRENCY?

I will be on... Yes I can't believe I am doing this

I will be on the Real Progressive Live show on Friday night speaking about the Fiat currency

I understand and can respect why someone would hate the Fiat currency model, especially if you're on the mid set of 1913.

I get it

But the U.S. isn't at risk of a currency induced inflation run.... for the 20 Trillion in debt we have

most is own by us

and our economy is 125 Trillion plus in GDP and financial assets we will be fine

HEY YOU says

Who's got readily available assets?

The people with the highest nominal debts have the highest income, assets and education.. they will fine

You have to worry about high school drop outs, drug addicts, criminal active people, they need federal intervention

Sorry--here is a better one.

Logan--you never addressed it. What does the rising inequality mean to the US economy, in your opinion?

Belgium and Ireland hold 2.2% of US debt? That's kind of weird, since combined they have only about 15 million people.

joeyjojojunior says

Sorry--here is a better one.

In 2013 Professor Sufi from Chicago Booth and I used this chart and actually it's the 0.01% that owns a lot more than the 1%

However, the mistake that is made is that only the rich have all the assets, most educated middle class Americans have homes, 401K plans

It's the lower educated and skilled gap that doesn't

This is why the U.S. economy is growing and had the best domestic economy in the world for a mature economy because it has better demographics

I fear that the people who keep on putting this chart up are waiting for some 1929 crash and the economy now is so much different than before ... just basic S.S. wasn't even around in 1929

rando says

2.2% of US debt?

government purchases

One thing at that conference the Chinese and Japanese love Ginne Mae debt because it has a juicy yield compared to most yielding product out there

"However, the mistake that is made is that only the rich have all the assets, most educated middle class Americans have homes, 401K plans"

Does it really matter? When 1% or 0.01% own 25% of the assets, you don't see that as a problem?

"I fear that the people who keep on putting this chart up are waiting for some 1929 crash and the economy now is so much different than before ... just basic S.S. wasn't even around in 1929"

OK great. Please detail the differences and why it means that the economy can now survive with such large chunk of assets (and buying power) is in the hands of such a few. Please limit the charts to ones that directly show the important differences between 1929 and now. I agree the safety net will keep us from having another Great Depression, but it won't keep us from having a very long, very deep recession.

joeyjojojunior says

Please detail the differences and why it means that the economy can now survive with such large chunk of assets (and buying power

Because for many reason the poor money velocity people who said Americans are too poor and not educated to spend ... missed that

A. retail sales are at cycle and world record highs today
B. Home sales today are at cycle highs with the highest mortgage buyers in this cycle

If the money velocity thesis held water we would look like Japan and Europe 20 years ago.. because the middle class makes money to service debt and has assets on top of that

This is why this chart hasn't failed... this chart is the big defeat of the American Bears

So telling everyone that death is coming, Americans are broke, poor stupid, lazy... etc etc

Once you adjust to demographic over lays, things have looked the same for decades

Obviously older Americans don't spend like they did once they were younger they become net savers and that is a demographic deflationary thesis

but because people can't read data properly a lot of these death calls haven't panned out

It's admirable what you liberals on this page are trying to do, I hear you, but over playing the capitalism card has consequences.. boy who cried wolf

Obviously my fellow conservatives have too much fear on the other side that government is too big

Logan--

OK, so you posted charts showing retail sales and AVERAGE hourly earnings (I thought you said you never used averages, oh well). Those show the past, not the future. How about you show those SAME charts for the period 1920-1929? Let's see how differently things looked back then.

"So telling everyone that death is coming, Americans are broke, poor stupid, lazy... etc etc"

Nice strawman. Nobody is saying Americans are stupid, or lazy. They are, however, being exploited by the 1%. As workers' productivity continue to rise, their pay doesn't.

Logan Mohtashami says

Obviously my fellow conservatives

LIBERALS BOYCOTT ALL CONSERVATIVES.
Shrink their wallets.
They have no control. They can't stop FREEDOM.

joeyjojojunior says

1920-1929?

I am telling you as I have told all my extreme right and left wing friends, comparing the roaring 20's to know is a mistake, benefits now as a part of wages wasn't even a part of America back in 1920's

20 years I have seen these same 1929 theories they don't work

joeyjojojunior says

As workers' productivity continue to rise, their pay doesn't.

The way people are reading income is incorrect this is why the Great American collapse theories doesn't hold merit

Educated Americans the middle class is the bigger reason why the middle class shrunk because they make over 100K

educated women now make money.. dual income power wasn't even story back the 20's

The 1929 collapse theory people are economically sexist because they discount the role of women, our educated ass kicking American women... :-)

Don't bet against us

Logan's chest thumping and name dropping reminds me an observation that I made some years ago.

My wife and I did our grad studies at an Ivy university. In in the parking lot in front of the business school where she studied, one could always see an array of flashy luxerous cars. In front of the Physics dept where I studied there was a small parking lot with mostly 5-10 year old toyotas and hondas. Yet among them were the cars of four Nobel prize winners.

"I am telling you as I have told all my extreme right and left wing friends, comparing the roaring 20's to know is a mistake, benefits now as a part of wages wasn't even a part of America back in 1920's"

OK-- benefits weren't a part of wages. Show me the retail sales from 1920-29 and real wage growth back then and make an adjustment for benefits and then show me why it's different now vs. then.

"Educated Americans the middle class is the bigger reason why the middle class shrunk because they make over 100K, educated women now make money.. dual income power wasn't even story back the 20's The 1929 collapse theory people are economically sexist because they discount the role of women, our educated ass kicking American women... :-) "

OK, it's different now because women work. Is that your premise?

FP says

Logan's chest thumping and name dropping reminds me an observation that I made some years ago.

Chest thumping is for people that haven't been there... FP

I am curious, haven't you ever ???

How is it that a lonely little loan officer from Irvine CA with a degree in history working for mommy and daddy with no connections to wall street, the media, college professors, economist and big business ...

How did he... get it right?

I was thinking the stocks picks for 2016 would jar some curiosity.... wink... wink...

I mean in theory I have no training in economics, data mining ....right... if you were to believe the self narrative thesis ....

limf (x) = sky
x-a

joeyjojojunior says

OK, it's different now because women work. Is that your premise?

You're asking the wrong question ....

Have to ask yourself why isn't America a failed state since the chart you use would imply the decline of society from 1978 ... shocking it runs right with civilian labor force growth

I can only guide you to answer, you have to know why yourself

Logan Mohtashami says

I wonder how much of the increased percentage of household making over 100K has to do with two income households. Perhaps all of it.

If you factor in health care, college education costs (both way above CPI) and the loss of pensions you basically have people barely doing better with two incomes, than they used to do with one.

marcus says

Perhaps all of it.

Education = Income = wage inflation = demographic adjusted wages

Peak earning income years are 45-54 ;-)

No matter what you guys or gals shoot at me the direction is still up ....

I have no oath to ideological views but to mother economics

She is a serial killer ... she wants to get caught, she can't help herself ... she will always leave crumbs ...

The trick is being disciplined to follow the crumbs