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The Stripper Index: Sex Industry Foretells Economic Recessions

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sanman

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When investors do badly, the sex industry suffers first. Sex workers are therefore a "canary in the coalmine" to warn of impending recession.

 
Strippers are low-class entertainment.
 
sanman said:
When investors do badly, the sex industry suffers first. Sex workers are therefore a "canary in the coalmine" to warn of impending recession.

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My 401k has been doing great. How many times is the Trump cult going to try to gaslight us into thinking the economy is suffering?
 
dmpi said:
Strippers are low-class entertainment.
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Meh, it's a living. Unfortunately some of the clubs are not great employers and there are some human trafficking issues.

I'd like to see them unionize as they did at an LA bar and some parts of Canada.
 
StarvedForChange said:
My 401k has been doing great. How many times is the Trump cult going to try to gaslight us into thinking the economy is suffering?
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Right? Same.

And does anyone still go to see strippers and go for sex workers in numbers like in the past? Granted I didn't click the vid and add to its views, no thanks.

If a bunch of old GOP farts are pulling back on their lap.dances because they've heard the economy is about to crash, that doesn't mean the economy is about to crash.
 
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StarvedForChange said:
My 401k has been doing great. How many times is the Trump cult going to try to gaslight us into thinking the economy is suffering?
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To be fair, everyone's 401k did better under Trump. Rich people have been doing fine under Biden, but not as well as under previous administrations, statistically speaking.
 
Metric Mouse said:
To be fair, everyone's 401k did better under Trump. Rich people have been doing fine under Biden, but not as well as under previous administrations, statistically speaking.
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You have got to be kidding me.

There's no way you have a 401K if you're saying that.
 
EnchantedMuggle said:
You have got to be kidding me.

There's no way you have a 401K if you're saying that.
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Yikes.

You do know that all market indexes grew more during Turmp than they have under Biden? Like... "s&p500" google will tell you that...

Is Biden still lagging by like 50%, or has he closed the gap and is almost meeting the stock market gains during Trump's term?

:)
 
StarvedForChange said:
My 401k has been doing great. How many times is the Trump cult going to try to gaslight us into thinking the economy is suffering?
Click to expand...
Your 401k is not the economy. The Fed can be pumping money and kicking the can down the road to keep the stock market solvent, but they can only do it so long and then it will blow up. No the economy is more than the stock market. The anticipation for the first quarter GDP was 2.4%. Instead it came in at an abismal 1.6%. Inflation is high. It came down some but for the past 4 months it has been moving upward. Upward when they predicted it would move downward.people cannot be fooled into thinking it is good when they pay twice as much for hamburger and rice than they did just a year or so ago. The economy is terrible.
 
Price and demand

Sounds like they are over charging for 'services'. 😂
 
The Mark said:
How closely does the DOW match the economy, in terms of it's ups and downs?
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The old saying goes. Economic 'Bad news' is 'good news' on Wall St.

And today it seems to be spreading to Main St.

The constant jones for taper is real
 
VySky said:
The old saying goes. Economic 'Bad news' is 'good news' on Wall St.

And today it seems to be spreading to Main St.

The constant jones for taper is real
Click to expand...
I don't know about all that, I just wondered about what I asked.
 
Metric Mouse said:
To be fair, everyone's 401k did better under Trump. Rich people have been doing fine under Biden, but not as well as under previous administrations, statistically speaking.
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Bull, a 401k does best when interest rates are higher. Interest rates were low under trump and 401k's did not grow anywhere near what they are growing now with higher interest rates.
 
The Mark said:
How closely does the DOW match the economy, in terms of it's ups and downs?
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If you look at the Dow's historical fluctuations you can see its reaction to economic stress and recessions.

2008 and 2020 recessions are clearly indicated below.

1000011176.webp
 
justoneman said:
Your 401k is not the economy. The Fed can be pumping money and kicking the can down the road to keep the stock market solvent, but they can only do it so long and then it will blow up. No the economy is more than the stock market. The anticipation for the first quarter GDP was 2.4%. Instead it came in at an abismal 1.6%. Inflation is high. It came down some but for the past 4 months it has been moving upward. Upward when they predicted it would move downward.people cannot be fooled into thinking it is good when they pay twice as much for hamburger and rice than they did just a year or so ago. The economy is terrible.
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The right would love to claim the economy is terrible but it isn't. You are right your 401k isn't the economy and neither is your ****ing hamburger and rice that was more expensive a few years ago. Biden was handed an inflation rate about 10 and it has been dropping ever since. The market is at record highs, unemployment is at record lows, investment in manufacturing has shot up higher and faster than it has in 50 yrs, real wages have grown, consumer spending is gangbusters and GDP is up. No, ALL of those represent the economy and by and large it's doing just about fantastic. There is nothing "abismal" about a GDP growth of 1.6% when previous qtrs were as high as 4.9%, no country sustains those numbers. The combined GDP of the European countries was 0.1%, the UK was 0.2% and Japans shrank by 2.1%. All the right seems to talk about is the price of their ****ing hamburger, they quit talking about all the other measures that are doing great.

JPMorgan CEO Dimon says US economy is booming​

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Biden says U.S. economy is world’s best. Trump calls it a ‘cesspool.’ Data is clear.​

By the numbers, Biden is correct.

“The U.S. economy is leading the way for the global economy. It’s driving the global economic train,” - Moody’s chief economist Mark Zandi

Countries calculate inflation differently, which makes direct comparisons difficult said Zandi. But he also said that even adjusting for the calculation discrepancies, the U.S. still looks good on the inflation front. “Using the same methodology as the European Union, the Fed’s already at target, inflation is already below 2%,”. Zandi said that the fundamentals of the current U.S. economy are nearly ideal: “The economy is picture perfect. It’s hard to argue with it.”
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Prices for EVERYTHING go up over time. That is inflation and about 2% is considered healthy. Biden has brought that rate from about 10 down to about 3 and it is still falling. The ignorant rightwinger likes to talk about the price of his hamburger and rice 5 years ago and guess what, it ain't going back to that and your Velveeta man damn sure isn't going to make it. compared to the rest of the world, NOBODY has done a better job of bringing it down inflation than Biden.
 
Port Tack said:
The right would love to claim the economy is terrible but it isn't. You are right your 401k isn't the economy and neither is your ****ing hamburger and rice that was more expensive a few years ago. Biden was handed an inflation rate about 10 and it has been dropping ever since. The market is at record highs, unemployment is at record lows, investment in manufacturing has shot up higher and faster than it has in 50 yrs, real wages have grown, consumer spending is gangbusters and GDP is up. No, ALL of those represent the economy and by and large it's doing just about fantastic. There is nothing "abismal" about a GDP growth of 1.6% when previous qtrs were as high as 4.9%, no country sustains those numbers. The combined GDP of the European countries was 0.1%, the UK was 0.2% and Japans shrank by 2.1%. All the right seems to talk about is the price of their ****ing hamburger, they quit talking about all the other measures that are doing great.





Prices for EVERYTHING go up over time. That is inflation and about 2% is considered healthy. Biden has brought that rate from about 10 down to about 3 and it is still falling. The ignorant rightwinger likes to talk about the price of his hamburger and rice 5 years ago and guess what, it ain't going back to that and your Velveeta man damn sure isn't going to make it. compared to the rest of the world, NOBODY has done a better job of bringing it down inflation than Biden.
Click to expand...
The inflation rate has been rising for months. It rose from 3.2 in Feb. To 3.5 in March.
 
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