Comments by "" (@gezenews) on "GDP Revised Sharply Lower – Here’s What That Means" video.

Because all the unemployment indicators have been broken and ignored, so there's really no concrete way to communicate the effect on that end.
3
Lol everyone got the economy wrong in 2020. Nobody predicted the printer would be run at a criminal rate and cause 10% inflation. bonds are a hedge against stock market volatility, recession, interest rate risk, and credit risk, just to name a handful of things. That kind of investment is actually TOO OPTIMISTIC.
2
@purelogic3595 Because jumping through hoops for unemployment is a part time job on its own.
2
@jeffschneider403 Thank god we prevented that horrible future by being sad
2
@therealbondking. In 1928 did anyone acually benefit from studying a single investment? Or do you think maybe there was a macro-economic trend they could follow that would've been a better use of their time?
1
Explain everyone else pointing to global war and economic collapse then.
1
@ForageGardener Lol its almost like the great depression is being caused by other factors and completely out of control of the fed
1
@gregorysagegreene Indeed just laid off 1000 people. That's basically the beginning of the end.
1
@elisecccccccc You can solve that equation simply looking at the greater economy. Where are all the major layoffs coming from. A lot from what I've seen is the tech industry. Regardless of which departments those other companies were laying off, it indicates that massive amount of investment in human capital was wasted, in the tip of the spear in human advancement. And I mean that as humbly as possible. Software is kinda lame compared to... idk... nuclear engineers? Chemical Engineers? There's a lot of fluidity in tech is all I mean. It takes less time for things to advance or fail. So what I am seeing when I watch hundred of tech companies lay off thousands of workers each, is that they massively failed to invest properly with that money, in an industry where you would expect the most immediate returns. And considering most of that money was from a giant money printing order, we basically had an Iraq war's worth of useless money injected into the economy and received LESS THAN ZERO RETURN. It doesn't really matter who they hired. The point is that injection of money did not result in a successful allocation of resources. It simply made the people erroneously hired feel good for some time, until the rubber would inevitably reach the road and these people would get smushed.
1
@jonf2009 In the short term, in theory, but general market health is required for businesses to run. Your company has no value if "the rest of us" have no money to spend.
1
@jonf2009 you'll notice I never claimed any of that. You jumped the gun hard. What I said was businesses cannot continue without a healthy market. Rich people can diversify their wealth as much as they want. A business cannot do that without closing all of its retail and firing most of their staff dedicated to the services they provide. By definition a business is mostly invested in services or products and to the extent they cannot provide is usually the extent to which they die. This "Woe is me, everything is hopeless, they own us" campaign is much too optimistic. It assumes a level of stability that has never existed. Continental shelves cannot maintain themselves for over long enough time, and I seriously dought puny little human families, even exceptionally rich ones, can do the same.
1
@jeffschneider403 It doesn't work for me. I'm not exactly a pilot in this situation. I'm more like a guy on the first floor stairwell of the WTC. but thanks.
1
@jonf2009 no you're the gaslighter 🤯
1
@jonf2009 no ur not very bright and ur gaslighting. BTW your general complain seemed to be I missed the point of your comment but it was an entire day ago. I don't reread. Maybe next time I'll read it better the first time. But I'm not playing catchup. I'm just doing a playful gaslighting joke rn, and its taking you a while to catch on.
1
@purelogic3595 Yeah its almost like a pathetic attempt at a threat. I hope SVM just ignores them because every other independent news outlet is discussing these things and they need to keep it up.
1
They are trying to transition to a full-on soviet economy and I'm terrified. The only way they will be able to survivve that process is by forcing all military investments to become massively valuable through global war. And there is no real resistance.
1