Post 9x3smz1ICMAlcHXfM0 by Dex@social.quodverum.com
 (DIR) More posts by Dex@social.quodverum.com
 (DIR) Post #9wCKt8SaGHfK8EjlU8 by Dex@social.quodverum.com
       2020-06-18T05:34:29Z
       
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       @Debradelai what do you think about the economic situation? The estimates for 2q gdp growth are about -45%, that’d be the largest drop in recorded history and will put us in a recession by definition. On the other hand the stock market is soaring and real estate is not budging much so far...@ThomasWic
       
 (DIR) Post #9wCKt8g3SCROo12WTw by Debradelai@social.quodverum.com
       2020-06-18T05:44:55Z
       
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       @Dex @ThomasWic We just closed the country down.What the fuck did you expect, record growth?Of course Q2 is abysmal. And 3Q is going through the roof.A recesion, by definition, is two suxcessive quarters of contraction.We won't have them.This is NOT regular economic activity.
       
 (DIR) Post #9wCLD969bA6Vu2msJk by Debradelai@social.quodverum.com
       2020-06-18T05:48:34Z
       
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       @Dex @ThomasWic We just closed the country down.What the fuck did you expect, record growth?Of course Q2 is abysmal. And 3Q is going through the roof.A recesion, by definition, is two suxcessive quarters of contraction.We won't have them.This is NOT regular economic activity.BTW, contraction is not the same as drop in the growth rate.
       
 (DIR) Post #9wCLsxZsp00QKqdDW4 by Debradelai@social.quodverum.com
       2020-06-18T05:56:07Z
       
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       @Dex @ThomasWic We just closed the country down.What the fuck did you expect, record growth?Of course Q2 is abysmal. And 3Q is going to go through the roof.A recesion, by definition, is two successive quarters of contraction.We won't have them.This is NOT regular economic activity.BTW, contraction is not the same as drop in the growth rate.
       
 (DIR) Post #9wCMq6KPvlVAYmb916 by Dex@social.quodverum.com
       2020-06-18T06:06:48Z
       
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       @Debradelai @ThomasWic 1q gdp growth was -4.8% so the 2q will put us in recession by definition. But I wanted to know your opinion beyond that timeframe so thanks for that and good speed to our economic growth I guess
       
 (DIR) Post #9wCMuj4joOURtGTAvI by Dex@social.quodverum.com
       2020-06-18T06:07:39Z
       
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       @Debradelai @ThomasWic 1q gdp growth was -4.8% so the 2q will put us in recession by definition. But I wanted to know your opinion beyond that timeframe so thanks for that and godspeed to our economic growth I guess
       
 (DIR) Post #9x2pDxcCw0hI6WSP56 by Debradelai@social.quodverum.com
       2020-07-13T13:29:51Z
       
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       @Dex @ThomasWic How's that recession going, nimrod?
       
 (DIR) Post #9x3smz1ICMAlcHXfM0 by Dex@social.quodverum.com
       2020-07-14T01:44:30Z
       
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       @Debradelai @ThomasWic The working definition of a recession is two consecutive quarters of negative economic growth. 1Q20 was -5% per BEA, and Fed anticipates double digit decrease in 2Q2020 although final # not out yet. It’s going swell for some and poorly for others, per usual. Depends on investments, job. For example:Remember when you were foretelling Tesla’s demise? Well, those who did NOT listen to you saw their investment skyrocket. In last 6 months it went from $500 to $1,500.
       
 (DIR) Post #9x3t4EQQAuSEJmWKR6 by Dex@social.quodverum.com
       2020-07-14T01:47:37Z
       
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       @Debradelai @ThomasWic As you said, recession, by definition, is two successive quarters of contraction. 1Q20 was -5% per BEA, and Fed anticipates double digit decrease in 2Q2020 although final # not out yet. Ta-da! Recession!It’s going swell for some and poorly for others, per usual. Depends on investments, job. For example:Remember when you were foretelling Tesla’s demise? Well, those who did NOT listen to you saw their investment skyrocket. In last 6 months it went from $500 to $1,500.
       
 (DIR) Post #9x4qbhDo1eVSTrqSX2 by Debradelai@social.quodverum.com
       2020-07-14T12:54:19Z
       
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       @Dex @ThomasWic Two successI've quarters of contraction are generally a requisite but not the only measure to determine a recession, simpleton.As for Tesla, after I made my call it dropped over 50%.Curiously enough I am about to make that call again.Overvalued hot air, just like the,space between your ears.Now, if your only purpose in this place is to try to pick arguments with me, let me know, moron.I may have the cure for your ailment.