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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (14261)	8/6/2022 1:41:43 AM
From: Sun Tzu	Read Replies (2) \| Respond to of 27055

So what happened to all the people who were working in 2019? I can't believe that we suddenly lost that many people or that the economy has drastically changed since then. What we are experiencing is a bullwhip effect as the combination of sudden shutdown and the stimulus misaligned various parts of the economy and made/makes them contract and expand out of phase with each other. Because of that, we have been having one-in-a-decade type events on monthly basis. And also because of that, I don't believe every normal statistic that say every time X happened then Y happens - especially if these stats are based on rate of change rather than based on absolute values.

To: Kirk © who wrote (14261)	8/6/2022 4:03:40 AM
From: robert b furman	1 Recommendation Recommended By Area51 Read Replies (3) \| Respond to of 27055

Good Morning Kirk, Well with 3 million illegal migrants being shipped around our country, there has to be a huge underground economy at work. Economic activity that is under the radar. Just how are these people living? No one seems to know what and where they go. 3 million times ? how much money a week times 52 = how much economic activity that just plain does not show up. Biden sure has a long list of screwed up events, basically all due to his poor decisions and policies. Amazing how quickly poor policies can become entrenched. Most of which are simply overlooked, not discussed, and worst of all ongoing. Bob