|
||
Intermarkets' Privacy Policy Support
Donate to Ace of Spades HQ! Recent Entries
Quick Hits
Update: "Tucker Carlson Ep. 1" Is Posted on Twitter Dam in Russia-Occupied Ukraine Blown Up, Flooding Russian Territory; CIA Leaks a New "Theory:" Gee, Maybe the Russians Didn't Blow Up Their Own Pipeline. It Must Have Been the Ukraine All Along. Ellen Page Declares She Survived a Transphobic Attack; A Dangerous, Unnamed Person Walked Up to Her and Said, And I'm Quoting, "I'm Going to Gay-Bash You, F****t" NYC Mayor Eric Adams: So Maybe We Should Just Start Housing Illegal Aliens In... People's Private Homes Comey: We Cannot Allow Trump to Become President Again, Or He'll Weaponize the Government Against the People Weaponizing the Government Against Him As CNN Continues to Fail Due to Its Egregious Partisan Bias, Chris Licht's Days Are Numbered (For Pushing Back Against CNN's Egregious Partisan Bias) The Morning Rant: Minimalist Edition Mid-Morning Art Thread The Morning Report — 6/6/23 Daily Tech News 6 June 2023 Absent Friends
westminsterdogshow 2023
Ann Wilson(Empire1) 2022 Dave In Texas 2022 Jesse in D.C. 2022 OregonMuse 2022 redc1c4 2021 Tami 2021 Chavez the Hugo 2020 Ibguy 2020 Rickl 2019 Joffen 2014 Cutting The Cord And Email Security
Moron Meet-Ups
NoVaMoMe 2023:
06/10/2023
Registration closes May 31st. Texas MoMe 2021: 10/2o/2023-10/21/2023 Corsicana,TX Contact Ben Had for info |
« Southwest CEO Disputes His Own Company's Directive, Now Claiming That People Won't Be Fired for Refusing the Vaccine |
Main
| Father Who Says His Daughter Was Sexually Attacked by a "Boy in a Skirt" in a Loudoun County School Bathroom Speaks »
October 13, 2021
Inflation Rises To Highest Level In Over 13 YearsHeather Long
Over a 10-year period, the shale revolution also created a vibrant and prosperous industry in the U.S. reviving rural areas and bringing top-paying jobs to those involved. Two consecutive presidents had the good sense to stay mostly out of its way. Analysts have declared that "stagflation" -- a combination of a stagnant economy which isn't growing much, plus inflation -- which immiserated the country in the 1970s under Jimmy Carter is now here. For months prices have been rising as the U.S. economy has recovered from the COVID pandemic while financial markets have stayed priced for perfection and central banks have clung to the view that elevated inflation would likely subside in short order. Note that inflation often comes with a growing economy. In that case, it's bad, but the growth in the economy ameliorates it. That would be a case of stronger output combined with higher prices. But a stagnant economy with inflation? Let's Go Brandon. That article mentioned China's Evergrande Group, which is a huge real estate company, highly leveraged, and now possibly on the cusp of being wiped out due to collapsing real estate prices. And China has signaled that they won't necessarily be bailing them out. Which could spark a fresh round of global recession. Which could be the second-worst Asian Contagion of the past few years. SHANGHAI/LONDON, Oct 13 (Reuters) - The rumbling crisis at China Evergrande Group and other major homebuilders drove debt market risk premiums on weaker Chinese firms to a record high on Wednesday and triggered a fresh round of credit rating downgrades. Wait-- "investment grade" firms putting their money into a bubble real estate market...? This all sounds very familiar to me. ...
He points out that the inflation this causes is bad for most people, especially those who've actually saved money. But it's good for some people -- like highly-leveraged corporations with lots of debt. They benefit from dollars being made less and less valuable, as it makes their previous debt shrink. | Recent Comments
Apply gp Directly To Forehead:
""There's no disputing the fact that electricity ne ..."
Eeyore: "So now the Irish want to emulate the Xhosa cattle ..." tubal: "Christie campaign slogan… “ I Grift fo ..." London Breed, Madame Mayor: "Trust me, you get used to all the shit after a whi ..." LASue: "Wayfinding. Easier than working, I suppose ..." "Perfessor" Squirrel: "Apropos they stopped the choir at "Land of the fre ..." Beavis and Butthead: "Heh heh "lllegal dumping" heh heh ..." ace: ">>>What? No love for Obama's Obese Side Piece, Chr ..." Yo! Ultra MAGA : " Cool I cap post now ..." Xipe Totec: "41 I always thought the gheys were fastidious -- h ..." DB - : "What would happen if Florida and California went t ..." Oldcat: "Since wind and solar energy are intermittent and c ..." Recent Entries
Quick Hits
Update: "Tucker Carlson Ep. 1" Is Posted on Twitter Dam in Russia-Occupied Ukraine Blown Up, Flooding Russian Territory; CIA Leaks a New "Theory:" Gee, Maybe the Russians Didn't Blow Up Their Own Pipeline. It Must Have Been the Ukraine All Along. Ellen Page Declares She Survived a Transphobic Attack; A Dangerous, Unnamed Person Walked Up to Her and Said, And I'm Quoting, "I'm Going to Gay-Bash You, F****t" NYC Mayor Eric Adams: So Maybe We Should Just Start Housing Illegal Aliens In... People's Private Homes Comey: We Cannot Allow Trump to Become President Again, Or He'll Weaponize the Government Against the People Weaponizing the Government Against Him As CNN Continues to Fail Due to Its Egregious Partisan Bias, Chris Licht's Days Are Numbered (For Pushing Back Against CNN's Egregious Partisan Bias) The Morning Rant: Minimalist Edition Mid-Morning Art Thread The Morning Report — 6/6/23 Daily Tech News 6 June 2023 Search
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Primary Document: The Audio
Paul Anka Haiku Contest Announcement Integrity SAT's: Entrance Exam for Paul Anka's Band AllahPundit's Paul Anka 45's Collection AnkaPundit: Paul Anka Takes Over the Site for a Weekend (Continues through to Monday's postings) George Bush Slices Don Rumsfeld Like an F*ckin' Hammer Top Top Tens
Democratic Forays into Erotica New Shows On Gore's DNC/MTV Network Nicknames for Potatoes, By People Who Really Hate Potatoes Star Wars Euphemisms for Self-Abuse Signs You're at an Iraqi "Wedding Party" Signs Your Clown Has Gone Bad Signs That You, Geroge Michael, Should Probably Just Give It Up Signs of Hip-Hop Influence on John Kerry NYT Headlines Spinning Bush's Jobs Boom Things People Are More Likely to Say Than "Did You Hear What Al Franken Said Yesterday?" Signs that Paul Krugman Has Lost His Frickin' Mind All-Time Best NBA Players, According to Senator Robert Byrd Other Bad Things About the Jews, According to the Koran Signs That David Letterman Just Doesn't Care Anymore Examples of Bob Kerrey's Insufferable Racial Jackassery Signs Andy Rooney Is Going Senile Other Judgments Dick Clarke Made About Condi Rice Based on Her Appearance Collective Names for Groups of People John Kerry's Other Vietnam Super-Pets Cool Things About the XM8 Assault Rifle Media-Approved Facts About the Democrat Spy Changes to Make Christianity More "Inclusive" Secret John Kerry Senatorial Accomplishments John Edwards Campaign Excuses John Kerry Pick-Up Lines Changes Liberal Senator George Michell Will Make at Disney Torments in Dog-Hell Greatest Hitjobs
The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Margaret Cho: Just Not Funny More Margaret Cho Abuse Margaret Cho: Still Not Funny Iraqi Prisoner Claims He Was Raped... By Woman Wonkette Announces "Morning Zoo" Format John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia World Muslim Leaders Apologize for Nick Berg's Beheading Michael Moore Goes on Lunchtime Manhattan Death-Spree Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears Liberal Economists Rue a "New Decade of Greed" Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility Intelligence Officials Eye Blogs for Tips They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq Leather-Clad Biker Freaks Terrorize Australian Town When Clinton Was President, Torture Was Cool What Wonkette Means When She Explains What Tina Brown Means Wonkette's Stand-Up Act Wankette HQ Gay-Rumors Du Jour Here's What's Bugging Me: Goose and Slider My Own Micah Wright Style Confession of Dishonesty Outraged "Conservatives" React to the FMA An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear The Story the Rightwing Media Refuses to Report! Our Lunch with David "Glengarry Glen Ross" Mamet The House of Love: Paul Krugman A Michael Moore Mystery (TM) The Dowd-O-Matic! Liberal Consistency and Other Myths Kepler's Laws of Liberal Media Bias John Kerry-- The Splunge! Candidate "Divisive" Politics & "Attacks on Patriotism" (very long) The Donkey ("The Raven" parody) |