patrick.net

Reading this thread, one might come to the conclusion that Logan predicted the most recent crash. And patnetters just don't get, what with lack of education on the matter.

Funny, because some of us have been around here for well over a decade, and prior to housing peaking in 06, this site was nothing but "what will happen once this whole fraud fueled bubble crashes?"

But dat demographics tho

Logan Mohtashami says

You lost this battle before it ever started because you doubted this country and it's people

American exceptionalism will not avert natural disasters or suddenly right major economic imbalances. Stop with the "Anti-patriotic, you are betting against America" bull-shit. This has nothing to do with how flag wavy someone is.

Core PCE since 90s:
http://www.investing.com/economic-calendar/core-pce-price-index-905

This is not the spending you are looking for.

Yes, per above, the majority of families need two solid incomes now to be middle class.

Logan Mohtashami says

No over investment thesis outside of commercial real estate

Money flooding to safe shelters like bonds, and wow what a market run up in stocks, right? right?

Logan Mohtashami says

155 Million plus workers are simply going to stop spending

You think I need a smart phone and to go to Starbucks every morning? You think I need to buy those Chinese plastic toys at Target for my sons? consumers will spend, but it will just be health, housing, and food ... remarkably ... the things that have stayed consistently expensive or held value. Funny that.

Rew says

Core PCE since 90s:

Exactly and consumption is at all time highs, you just made my point

Dollar strong makes our imports cheaper

Service inflation inflation always rises here

Come on guys, you're better that this, this is kids economic theory on a deflationary collapse

I am sure you know how currency and commodities work

This is why we have a classic old school text book labor shortage

We are too old and too young Why claims are at 43 year lows and job openings are at world historic highs today

None of this means a deflationary collapse what so ever in the next 12 24 36 months what so ever, your charts affirm my points even if you don't know that you're doing half my work for me

Why do you think I said

This housing cycle simply won't have enough mortgage demand to have a real recovery and why housing demand was going to be weakest ever on record

Demographics is one variable in that equation

But in a few years, that supply chain switches positive and now you're bringing the collapse thesis

Ouch

Why are you dredging this filth up, instead of talking about the email server?

Are you trying to rig the election?

Don't worry son, I have hustled a lot better ball players than you ...

Your little investment club hasn't gotten that memo

So, I want you and Rew, Tatu, Ironman

Just keeping on talking...

You're being hustled on your own page ... still haven't gotten it

Hurricane IHLlary may put him in jail. Does Russia have extradition agreements? Hope Trumpligula enjoys Russian winters!

Ceffer says

Hurricane IHLlary may put him in jail.

It's worse than that. She'll give Ivanka a job, and take the object of his sexual desire and familial pride out of his daily reach.

Bush slurping sex orgies with Melania, Michelle, Rosie, Huma, and IHLlary with Trumpligula witnessing and tied to a chair gagged will serve him right.

Come to think of it, it would serve me right, too! Where do I sign up?

Blue Pill shit testers and masochists wanted!

He probably pays a million dollars a year in insurance on that property.

Was this government money or his private insurance?

Unlike, say Wall Street Bankers who get 6 figures from Federal and NJ Taxpayers every other time a Nor'easter hits their Fire Island or Jersey Shore beach house. I bet they're reading this article and are appalled!

marcus says

Relative to a couple decades ago, a liquidity trap of the magnitude we are now experiencing would have been considered impossible

I don't believe in the concept theory of a liquidity trap... because to me a trap is when you can't raise rates when inflation is rising while consumption is falling

1965-1979.. isn't the norm with inflation so falling from that level shouldn't be looked at in a negative light

The world has consumed more goods and services in the last 30 years than the last 300 years combined

Why is everybody cavilling over a mere 17 mil? Trumpliugula could make that much in a few months selling Melanoma's used panties on ebay. Now, that's Trump Branding!

We own this planet too

DieBankOfAmericaPhukkingDie says

Trump got $17million insurance payout for non-existent 2005 hurricane 'damage'

The amount of hurricane damage Trump's properties have experience vary from day to day depending on how he feels, just like his net worth. If you were an accountant, you would understand this.

According to Trump University's accounting department -- Go Fighting Trumpets! -- the proper way to calculate values is to multiply Trump's mood by the number of high fives he recently got and then subtract each time his feelings got hurt by someone's mean tweet. You can't argue with math.

Data miners are the future!

Every job displaced by technology, will be negated by two job openings in data mining!

https://www.bloomberg.com/news/articles/2016-10-25/uber-self-driving-truck-packed-with-budweiser-makes-first-delivery-in-colorado

So since drivers less cars is the thesis... lets assume all cars are driver-less

How many jobs do you think that is

Has anyone here actually looked at the full data sets of jobs in each sector

Remember I am trying to calculate your 77.5 Million Jobs being lost

Snicker cough cough

Logan--

You missed your calling. I bet you'd be great as Costello in "Who's on First"

It is worth attending just to see the myriads of IHLs with their protest signs fisting each other out front having SJW multiple orgasms and stomping pathetic man-pimples into the pavement. This is Berkeley, and it should be epic.

77.5 Million jobs are to be gone

Snicker.. come out boys lets play the scared American collapse game here

77.5 Million .... who is first ;-)

Logan Mohtashami says

He uses demographics to sell Books and his work is based on a zero sum game where everything is a bubble

Please explain further as to what the zero sum game is referring to?

I called the state of Florida about the insurance industry. I looked at MyFla.gov website up and down before I found an obscure Insurance Commissioners office.
When I called that number a very agitated voice on the other ended wanted to know how I got her number, and was more interested on finding out the exact place I found it, than the intent of my call.
As she informed me, that the insurance commissioners office is there to serve and develop the Insurance industry in the state of Florida and are in no way or capacity consumer advocates.

This is all the Rigged system that Trump is going to stop Folks. Thanks for helping him make his case. He didn't make the insurance rules, his claim is encouraged. Complaining about premiums is deeply discouraged.

True damn story.

DieBankOfAmericaPhukkingDie says

$17 million for 11 roof tiles

Those were diamond encrusted gold roof tiles, the classiest tiles anywhere.

DieBankOfAmericaPhukkingDie LOVES - AND I MEAN LOVES - HILLARY "I SUCK OFF ALL WALL STREET & BANK COCK & DRINK THE GRAVY" CLINTON - despite his user name.

Strange thing, this...

But he is a demographic guy, how can that be?

indigenous says

But he is a demographic guy

see his work and you can see a clear difference between him and I in terms of how we look at the economy

Trumpligula is the Tyrannosaurus Rex of pussy grabbers, with those tiny, orange, grabbing claws.

Little squirming, maggot fingers crawling up dresses, shredding yoga pants, creeping and sliming all over any available female orifice.

Logan Mohtashami says

Harry Dent is an idiot.

I've never seen so many people get pissed off over ideas in all my life until I came here.
I was listening to a guy go on about Flat earth the other night. Which if you think about it, and you can even ponder that we live in a Sim.
Then it is quite reasonable that our whole space program is a hoax, or if I understood him correctly. He was saying we have been in space but the round earth is a top shot. It's flat as a pizza on the side.
You know I just laugh, I see no reason to attack him or rehash Issac Newton, Galileo and the whole Copernicus thing. So I just let him go on. But I did inform him that I thought he was a riot, and I never met flat Earther before and was intrigued that they actually exist. It serves no purpose to argue with people. I told him to get a YouTube channel why let all of that creativity go to waste.

That was an interesting video. The part about the pussy grabbing was a tiny part of it.

http://www.snopes.com/hillary-clinton-blackface-photo/

Further, if the above-displayed image really does show Bill and Hillary Clinton at a college party, why did it take nearly 45 years to surface? Bill and Hillary Clinton met at Yale in the early 1970s, and while they both have led high-profile political lives, this photograph, which would have been political Kryptonite at any stage in their career, didn't surface until 2015. If the image were real, it's probable that the photograph would have been made public several years ago.