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The ECONOMY Part Deux

84,060 Views | 967 Replies | Last: 23 hrs ago by DiabloWags
DiabloWags
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Spending what you don't have while dealing with higher fuel, electricity, and grocery prices.

It's a CULT.

ChudBear
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DiabloWags said:

Spending what you don't have while dealing with higher fuel, electricity, and grocery prices.



Extra thanks to President Trump for you!
Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

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DiabloWags
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I'm doing well.
Thanks.

It's a CULT.

ChudBear
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DiabloWags said:

I'm doing well.
Thanks.



You brag about it incessantly and still won't thank you President for it.

At least take the plastic off your car if you're gonna pay that much for it.
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DiabloWags
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I have no need to "thank" Donald Trump for paying $120,000 cash for a new Macan GTS.

It was my investment capital at risk.
Not his.

It's a CULT.

ChudBear
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DiabloWags said:

I have no need to "thank" Donald Trump for paying $120,000 cash for a new Macan GTS.

It was my investment capital at risk.
Not his.



Your risk that he doubled this year for you.

Thank Daddy Trump, after you take the plastic off. Thank Abbott for getting your boy elected!
Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

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dajo9
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DiabloWags said:

I'm sure this will wind-up working out well . . .
Saving rate at only 4.1%



Core Inflation Moderates While Real Spending Jumps


Savings rate goes down when stock market goes up because people tap into wealth for spending.
DiabloWags
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dajo9 said:

DiabloWags said:

I'm sure this will wind-up working out well . . .
Saving rate at only 4.1%



Core Inflation Moderates While Real Spending Jumps


Savings rate goes down when stock market goes up because people tap into wealth for spending.


Half of American's don't even own stocks.
So I'm going to go with people going into more and more CREDIT CARD DEBT.



It's a CULT.

ChudBear
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DiabloWags said:

dajo9 said:

DiabloWags said:

I'm sure this will wind-up working out well . . .
Saving rate at only 4.1%



Core Inflation Moderates While Real Spending Jumps


Savings rate goes down when stock market goes up because people tap into wealth for spending.


Half of American's don't even own stocks.




You do and Trump has made those numbers look even better!
Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

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DiabloWags
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ChudBear said:

DiabloWags said:

I have no need to "thank" Donald Trump for paying $120,000 cash for a new Macan GTS.

It was my investment capital at risk.
Not his.



Your risk that he doubled this year for you.

Thank Daddy Trump, after you take the plastic off. Thank Abbott for getting your boy elected!


Absurd.
Trump doubled my RISK?

Too funny!





It's a CULT.

ChudBear
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DiabloWags said:

ChudBear said:

DiabloWags said:

I have no need to "thank" Donald Trump for paying $120,000 cash for a new Macan GTS.

It was my investment capital at risk.
Not his.



Your risk that he doubled this year for you.

Thank Daddy Trump, after you take the plastic off. Thank Abbott for getting your boy elected!


Absurd.
Trump doubled my RISK?

Too funny!


He doubled your earning as you pointed out earlier silly goose.

Too funny, you already forgot what you bragged about.
Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

Gold Curse is undefeated

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HearstMining
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DiabloWags said:

dajo9 said:

DiabloWags said:

I'm sure this will wind-up working out well . . .
Saving rate at only 4.1%



Core Inflation Moderates While Real Spending Jumps


Savings rate goes down when stock market goes up because people tap into wealth for spending.


Half of American's don't even own stocks.
So I'm going to go with people going into more and more CREDIT CARD DEBT.





I've also read that credit card debt is on the rise, but I doubt that 50% of Americans don't own stocks. Per Duck.AI, 54.3% of US households have an IRA or 401K and 60% of Americans report having money in some kind of retirement plan. Sure, lots of folks have some of that in bonds, even the most conservative investors have some in stock mutual funds. I'll bet it's pretty rare that 100% is in bonds.
DiabloWags
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I've seen Gallup surveys at only 58%

Meanwhile, people that are in the typical 60/40 allocation are getting CRUSHED.
The bond market has been decimated since March.

THANK YOU PRESIDENT CHUMP!

How Many Americans Own Stock? The Answer Might Surprise You: 58% and Rising.

It's a CULT.

DiabloWags
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That would be ME.





Top 10% Own 93% of US Stocks: Who Controls the Market?
It's a CULT.

smh
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once one's got *enough* the topic loses interest..

# been there, done that
dajo9
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DiabloWags said:

dajo9 said:

DiabloWags said:

I'm sure this will wind-up working out well . . .
Saving rate at only 4.1%



Core Inflation Moderates While Real Spending Jumps


Savings rate goes down when stock market goes up because people tap into wealth for spending.


Half of American's don't even own stocks.
So I'm going to go with people going into more and more CREDIT CARD DEBT.






The big consumers in America have stocks. In the dot com bubble the savings rate went negative. Consumer debt service is pretty low historically speaking.

https://fred.stlouisfed.org/graph/?g=lVm2
DiabloWags
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The U.S. goods trade deficit widened by 11.5% to $132.6 billion in August 2026, driven by a surge in imports for industrial supplies and AI infrastructure.

Trump Tariffs NOT WORKING.

Epic Fail.


It's a CULT.

Cal88
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Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.
Eastern Oregon Bear
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Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.
Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.
ChudBear
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Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Canadian fast track. The odds of this actually happening are not high. Canada is drowning, who is going to pay the $30 billion for this project?

Interesting that Carney's pipeline pivot comes just 18 days before the Alberta referendum. This is a photo op.

Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

Gold Curse is undefeated

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ChudBear
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Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?

Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

Gold Curse is undefeated

#KoolaidGang #DWcallsDTdaddy
Cal88
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ChudBear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Canadian fast track. The odds of this actually happening are not high. Canada is drowning, who is going to pay the $30 billion for this project?

Interesting that Carney's pipeline pivot comes just 18 days before the Alberta referendum. This is a photo op.



Quick calculation - Canada makes around $80B in net revenues from oil sales annually, assuming a very conservative production cost of $30 and sale price of $70. They have been selling their oil at large discounts to the US.

As to that crude getting to the west coast, most of the refining of heavier grades crude is in and around the Gulf of Mexico, Canadian oil gets shipped directly there via pipelines.
ChudBear
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Cal88 said:

ChudBear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Canadian fast track. The odds of this actually happening are not high. Canada is drowning, who is going to pay the $30 billion for this project?

Interesting that Carney's pipeline pivot comes just 18 days before the Alberta referendum. This is a photo op.




As to that crude getting to the west coast, most of the refining of heavier grades crude is in and around the Gulf of Mexico, Canadian oil gets shipped directly there via pipelines.


You think they will still have access to those pipelines if they cut off US supply? Nope.
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Gold Curse is undefeated

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DiabloWags
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"Project development will be led by Trans Mountain, the state-owned company behind the country's only operating oil pipeline to the west coast, which has a capacity of about 890,000 barrels a day following an expansion that came online in 2024. Pembina Pipeline has agreed to join the construction as a private sector investor."

This will help Canada export an additional 1 million barrels of crude per day to Asia.

It's a CULT.

Eastern Oregon Bear
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ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?


I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.
Aunburdened
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ChudBear said:

Cal88 said:

ChudBear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Canadian fast track. The odds of this actually happening are not high. Canada is drowning, who is going to pay the $30 billion for this project?

Interesting that Carney's pipeline pivot comes just 18 days before the Alberta referendum. This is a photo op.




As to that crude getting to the west coast, most of the refining of heavier grades crude is in and around the Gulf of Mexico, Canadian oil gets shipped directly there via pipelines.


You think they will still have access to those pipelines if they cut off US supply? Nope.

The Russians will probably bomb the pipelines like they did with Nordstream.

Aun "unburdened by what has been" Bear is the OG legend
- DaddyLegend 9/6/2026
ChudBear
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DiabloWags said:

"Project development will be led by Trans Mountain, the state-owned company behind the country's only operating oil pipeline to the west coast, which has a capacity of about 890,000 barrels a day following an expansion that came online in 2024. Pembina Pipeline has agreed to join the construction as a private sector investor."

This will help Canada export an additional 1 million barrels of crude per day to Asia.



Pipe dream.
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ChudBear
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Eastern Oregon Bear said:

ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?



I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.

Canada won't be able to make it 5-10 years without the pipelines running through the US.
Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

Gold Curse is undefeated

#KoolaidGang #DWcallsDTdaddy
cal83dls79
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ChudBear said:

Eastern Oregon Bear said:

ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?



I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.

Canada won't be able to make it 5-10 years without the pipelines running through the US.
and we would have accomplished exactly what? Bringing our fierce enemy to its knees? What you are suggesting is actually the more pipe dreamy.
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ChudBear
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cal83dls79 said:

ChudBear said:

Eastern Oregon Bear said:

ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?



I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.

Canada won't be able to make it 5-10 years without the pipelines running through the US.

and we would have accomplished exactly what? Bringing our fierce enemy to its knees? What you are suggesting is actually the more pipe dreamy.

I'm not suggesting anything. It's a fact that the pipelines Canada uses run through the US.
Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

Gold Curse is undefeated

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DiabloWags
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cal83dls79 said:

ChudBear said:

Eastern Oregon Bear said:

ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?



I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.

Canada won't be able to make it 5-10 years without the pipelines running through the US.

and we would have accomplished exactly what? Bringing our fierce enemy to its knees? What you are suggesting is actually the more pipe dreamy.


He doesn't seem to know who owns the pipeline companies Enbridge or TC Energy, which owns Keystone.

I will take CANADA for $800 Alex!

It's a CULT.

ChudBear
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DiabloWags said:

cal83dls79 said:

ChudBear said:

Eastern Oregon Bear said:

ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?



I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.

Canada won't be able to make it 5-10 years without the pipelines running through the US.

and we would have accomplished exactly what? Bringing our fierce enemy to its knees? What you are suggesting is actually the more pipe dreamy.


He doesn't seem to know who owns the pipeline companies Enbridge or TC Energy, which owns Keystone.

I will take CANADA for $800 Alex!



This is so dumb. You think the US will allow Canada to continue sending oil through US territory?

Alex is also dead.
Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

Gold Curse is undefeated

#KoolaidGang #DWcallsDTdaddy
DiabloWags
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ChudBear said:

DiabloWags said:

cal83dls79 said:

ChudBear said:

Eastern Oregon Bear said:

ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?



I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.

Canada won't be able to make it 5-10 years without the pipelines running through the US.

and we would have accomplished exactly what? Bringing our fierce enemy to its knees? What you are suggesting is actually the more pipe dreamy.


He doesn't seem to know who owns the pipeline companies Enbridge or TC Energy, which owns Keystone.

I will take CANADA for $800 Alex!



This is so dumb. You think the US will allow Canada to continue sending oil through US territory?

Alex is also dead.


Yes, it's really dumb.

Because if oil doesn't flow down to the REFINERIES in the Texas Gulf, those refineries die.
They are set up to refine the heavy tar sand Canadian crude.
Apparently, you are unaware of this.

We're talking Exxon, Chevron, Valero, and the largest refinery in the U.S. owned by Saudi Aramco in Port Arthur, Texas.
The Motiva Refinery, capable of processing 720,000 barrels of crude a day.

Just the Facts.
It's a CULT.

ChudBear
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DiabloWags said:

ChudBear said:

DiabloWags said:

cal83dls79 said:

ChudBear said:

Eastern Oregon Bear said:

ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?



I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.

Canada won't be able to make it 5-10 years without the pipelines running through the US.

and we would have accomplished exactly what? Bringing our fierce enemy to its knees? What you are suggesting is actually the more pipe dreamy.


He doesn't seem to know who owns the pipeline companies Enbridge or TC Energy, which owns Keystone.

I will take CANADA for $800 Alex!



This is so dumb. You think the US will allow Canada to continue sending oil through US territory?

Alex is also dead.


Yes, it's really dumb.



Apparently you are unaware of this but I was talking about your post.

Just the facts.
Abbott Laboratories donated $500,000 to the Trump-Vance Inaugural Committee

Gold Curse is undefeated

#KoolaidGang #DWcallsDTdaddy
cal83dls79
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ChudBear said:

cal83dls79 said:

ChudBear said:

Eastern Oregon Bear said:

ChudBear said:

Eastern Oregon Bear said:

Cal88 said:

Consequences of shafting our closest economic partner, Canadian oil is headed to China, Japan, S Korea:



Canada is the 4th largest oil producer in the world, with a current output of 5M barrels per day, vs. 1.5mbpd for Venezuela.

Once we get adult leadership in the White House, I suspect having an oil pipeline into British Columbia will lower prices and improve oil supplies into the Pacific Northwest and perhaps California. Works for me.

Did you read what Cal88 just posted? How would this benefit the US if it's not going to the US?



I'm looking past the next year or two. Most likely, 5-10 years from now, we'll mend our fences with Canada. Tariffs will be consigned to the trash heap of history and suddenly a trading partner just across the border from Vancouver will look more desirable than transporting oil by ship to other parts of the world.

Canada won't be able to make it 5-10 years without the pipelines running through the US.

and we would have accomplished exactly what? Bringing our fierce enemy to its knees? What you are suggesting is actually the more pipe dreamy.

I'm not suggesting anything. It's a fact that the pipelines Canada uses run through the US.
and that we would bring them to there knees in 10-15 years by shutting down access. Forgot that bit
Priest of the Patty Hearst Shrine
 
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