patrick.net

tatupu70 says

Nope. We're right. All your charts actually prove it. You just can't understand what they mean so you don't see it.

Not only where you guys wrong... You were wrong in a a major way and now... You have lost your big advantage on trying to make America a economy that is about to collapse because we are all poor and broke

tatupu70 says

Real wages absolutely should move with productivity gains

This is goes into the spoon thesis

We can dig holes with a spoon and have many people work for it by digging holes with a spoon

Or we awake to modern day technology and have a machine do it much faster and better for us

Different time 1940'-1960's were our economy was small and we had no world competition

Never sustainable

Logan Mohtashami says

Not only where you guys wrong... You were wrong in a a major way and now... You have lost your big advantage on trying to make America a economy that is about to collapse because we are all poor and broke

What are you talking about? You're speaking in gibberish now.

Logan Mohtashami says

This is goes into the spoon thesis

We can dig holes with a spoon and have many people work for it by digging holes with a spoon

Or we awake to modern day technology and have a machine do it much faster and better for us

Different time 1940'-1960's were our economy was small and we had no world competition

Never sustainable

You are losing it. Are you arguing productivity gains don't create more wealth?

And you say here that the 1960s economy was "different" but you everywhere else you assume that the economy will act just like it did in the past when demographics change. Which is it?

tatupu70 says

What are you talking about? You're speaking in gibberish now.

If we are so broke then who the hell bought 100 Million cars and 40 million Homes in the last 8 years?

tatupu70 says

You are losing it. Are you arguing productivity gains don't create more wealth?

This was Elizabeth Warren Speech.. ;-) I use it all the times against Lefty's

Logan Mohtashami says

If we are so broke then who the hell bought 100 Million cars and 40 million Homes in the last 8 years?

When did I saw we are so broke? You are fighting against a strawman of me that doesn't exist. Read what I'm saying--not what you want me to be saying.

tatupu70 says

When did I saw we are so broke?

So people have the ability to spend then correct, the middle class did purchases goods, services and shelter

Logan Mohtashami says

This was Elizabeth Warren Speech.. ;-) I use it all the times against Lefty's

What? Are you really saying productivity gains don't create wealth?

Logan Mohtashami says

So people have the ability to spend then correct, the middle class did purchases goods, services and shelter

Of course some do. It's a long, slow journey to feudal times. We're not there yet.

tatupu70 says

What? Are you really saying productivity gains don't create wealth?

I am using her thesis that productivity gains was crazy high past the 1970's and no way wages could keep pace

This would be a high school drop out who has a drug abuse problem would be getting paid $22.70 for flipping burgers?

Not the best model to use.... if she knew it ...

But all your rich Liberals if you believe in that thesis

Open a store and then pay your people Productivity wage gains and lets see how long that business last because you would need to raise prices above inflation

Logan Mohtashami says

am using her thesis that productivity gains was crazy high past the 1970's and no way wages could keep pace

Keep pace--that's hilarious. Real wages gained exactly ZERO. I'd say that's a little worse than "not keeping pace"

tatupu70 says

Of course some do. It's a long, slow journey to feudal times. We're not there yet.

RIGHT THERE......

That's what I wanted to hear

the SERF thesis

I am going to have so much Joy in the next 20 years tearing the left thesis apart ...

It will be my pleasure

Logan Mohtashami says

RIGHT THERE......

That's what I wanted to hear

the SERF thesis

I am going to have so much Joy in the next 20 years tearing the left thesis apart ...

It will be my pleasure

Unfortunately, I'll have no joy proving you wrong over the next 20 years.

tatupu70 says

Unfortunately, I'll have no joy proving you wrong over the next 20 years.

Penny for all the end of America thesis since 1790

You will be a billionaires

Picked the wrong country to bet against .. our people aren't a punch of sissy cry babies begging for stuff on social media sites, some do... Our men and women kick ass

And they will prove of extreme left anti Capitalist Bernie Sanders supports which most of you're ... the educated class...

I can't wait... It will be a honor

If Roberto was here this is what he would say

Whaaaa???...there's pent up demand???..but...but..but.. Logan's interpretation of his own data refuted such analysis 18 months ago???...some people take the same data... Recognize a bottom.. And correctly interpret the demand curve as stronger as hell!!!!!!

:-) Ha Ha Ha and odd ally I admit ... but I will break down your liberal Lions and get them to Join the American Glory we are about to see with Demographics

tatupu70 says

Logan Mohtashami says

So people have the ability to spend then correct, the middle class did purchases goods, services and shelter

Of course some do. It's a long, slow journey to feudal times. We're not there yet.

We are moving away from feudal times, tatu. We have democracy, a population that's increasingly educated, a standard of living that is the envy of the world, and we have iPhones. What more can you want?

Since when does pointing out real problems make one Anti-American? If you don't understand the problems, how in the hell can you fix them? Trying to educate folks like you is a way to fix the economy and make America great again.

Sticking ones head in the sand is not the American Way. Nobody here is begging for anything. Or crying. All I want is for people to try to understand how the economy works and which policies got us in the mess we're in today.

Strategist says

We are moving away from feudal times, tatu. We have democracy, a population that's increasingly educated, a standard of living that is the envy of the world, and we have iPhones. What more can you want?

You're right. I take it all back. I'm sure all the folks with $80K in debt and working at Starbucks for minimum wage are happy as long as they have an iPhone.

tatupu70 says

Unfortunately, I'll have no joy proving you wrong over the next 20 years.

Tatu, you are gonna get your ass kicked for the next 20 years.

Strategist says

Tatu, you are gonna get your ass kicked for the next 20 years

lol-we'll see, won't we. I hope I'm wrong.

And there's always the possibility that Americans will wake up and elect Sanders or Warren and maybe we can fix things. One can hope.

tatupu70 says

$80K in debt and working at Starbucks

Starbucks employs only 200,000 at peak, and since less than 3% of Americans Debt profile have student loan debt over 100K the chances of one working at Starbucks and carrying that debt is 0.237% :-)

tatupu70 says

Strategist says

We are moving away from feudal times, tatu. We have democracy, a population that's increasingly educated, a standard of living that is the envy of the world, and we have iPhones. What more can you want?

You're right. I take it all back. I'm sure all the folks with $80K in debt and working at Starbucks for minimum wage are happy as long as they have an iPhone.

If I was them, I would be happy as hell. Declare BK, and all the debt is gone, but you get to keep the iPhone. Only in America.

Logan Mohtashami says

Starbucks employs only 200,000 at peak, and since less than 3% of Americans Debt profile have student loan debt over 100K the chances of one working at Starbucks and carrying that debt is 0.237% :-)

Very poor use of stats there Logan. You're making some really poor assumptions about the population of Starbucks workers.

Strategist says

If I was them, I would be happy as hell. Declare BK, and all the debt is gone, but you get to keep the iPhone. Only in America.

Except student loan debt isn't discharged in BK. Nice try.

tatupu70 says

population of Starbucks workers.

http://www.statisticbrain.com/starbucks-company-statistics/

On this note my friends, I must go over pay at Whole Pay check I bid you a good night

Jacek Malczewski. Death, 1902.

Logan, it's becoming clear from this thread that you are not "data dependent". You are just as much of an ideologist as everyone else.

tatupu70 says

Strategist says

If I was them, I would be happy as hell. Declare BK, and all the debt is gone, but you get to keep the iPhone. Only in America.

Except student loan debt isn't discharged in BK. Nice try.

If you have student loan debt of $80K and are working at Starbucks for minimum wage, it's either:
1. Temporary, until you get the right job.
2. Permanent, in which case you are an idiot.

tr6 says

"data dependent".

All I do is post charts up! Don't make me dump every single data line post March of 2009 here

Logan Mohtashami says

trade show skill

do you mean the trades?

Poverty sucks I agree
20 May 1506 - Explorer Christopher Columbus (aged 54), died in abject poverty in Spain.

Well, thankfully no major inflation hawks were here today

Cash is sold by weight Hyperinflation in Germany, 1923

Logan Mohtashami says

http://www.statisticbrain.com/starbucks-company-statistics/

On this note my friends, I must go over pay at Whole Pay check I bid you a good night

And this is why you will never understand-you don't want to learn from your mistakes.

I just read the title of this post and KNEW that he (or she, sorry ma'am!) wasn't talking about real bears. Now that would be funny with a capital F!

tatupu70 says

And this is why you will never understand-you don't want to learn from your mistakes.

Your thesis is that Americans are becoming serfs

That this economy is so bad and so horrible that this term is being used

You already lost

I just want you all to be around when your American Horror shows doesn't happen and then we will remember

The strong fought on and the soft begged and cried and pushed fear of serfs down the Americans

This is going to be a theme of my financial writing going out for the next decade with many other people

We are going destroyed the extreme left wing ideology of Serfs

I can't wait....

Glory is for Brave, crying is for the weak you bet against thew wrong country and the wrong people

This could turn into a Sword of Damocles

Logan Mohtashami says

Your thesis is that Americans are becoming serfs

Once again--please don't state my beliefs. You usually just make a strawman that you can fight because you can't or won't actually discuss my real points.

I'm saying inequality is rising and we're very close to where we were in 1929.

Logan Mohtashami says

That this economy is so bad and so horrible that this term is being used

Nope--that's not at all what I said. I said we're on a LONG journey toward that end. Just curious--do you think demographics cause the Great Depression?

Logan Mohtashami says

The strong fought on and the soft begged and cried and pushed fear of serfs down the Americans

This is going to be a theme of my financial writing going out for the next decade with many other people

You're hilarious that you continue to try to frame it as the strong vs. the weak. You've watched way too many movies Logan. This is real life, not Hollywood.

Logan Mohtashami says

Poverty sucks I agree

20 May 1506 - Explorer Christopher Columbus (aged 54), died in abject poverty in Spain.

Wow. If he was around in the 21st century, he would have health insurance, modern medicine to keep him alive longer, royalties, and an iPhone with GPS.

Logan Mohtashami says

but I will break down your liberal Lions and get them to Join the American Glory we are about to see with Demographics

there is a lot behind this. biggest generation and they prefer a house in the suburbs, SUV's, are having kids, want stability in life. we are gradually moving into a new american phase where social ideals and spiritual enlightenment will take a back seat to social order. people will take stable corporate jobs and they will consume.

FWinston says

I just read the title of this post and KNEW that he (or she, sorry ma'am!) wasn't talking about real bears. Now that would be funny with a capital F!

shut up, faggot.