Mister Blastman, on 16 August 2014 - 06:36 PM, said:
I manage money for a living and disagree completely. We are on track for 2.1% growth in GDP this year, revised downwards from previous estimates. Unemployment is shady--many gave up, but there jobs being given back. What is NOT improving is wage growth. Without wage growth, you can not have sustainable economic growth, subsequent inflation and ultimately an increase in interest rates.
Without an increase in interest rates, the banks are... making bank on depositor money, while the depositors get screwed. The majority of Fed actions have benefited the few at the expense of the many. I'm more than willing to go in depth but trust me on what I say.
Hah, trust someone who admits to managing money. GDP is pretty shady as well. No idea how the BEA is accounting for monetization of personally held capital goods (Lyft, Uber, AirBnB), no idea how big the underground cash economy has grown, no idea what the barter economy looks like, so less than good visibility into wages with the error creeping over time.
Edit: Money managers was a joke, my brother and many of my friends are/were professional money guys.
PCE looks strong to me and after several years of revenue constraint non-defense government expenditures will likely climb. The automotive fleet is incredibly old, and millennials are now starting to enter the age where cars are more necessary.
I'm carrying a fairly upbeat on the overall economy, surprisingly, (although I haven't done it professionally for several years now, so YMMV).
BOWMANGR, on 17 August 2014 - 09:41 AM, said:
I'm just wondering what is the flavor of the week Clan excuse these days for their better non-Light performance across the board. Not that anyone in their right mind couldn't see that coming a mile away.
The point is that there MUST be an explanation other than them being OP which is never ever the case right? RIGHT?
So what is it this time? Clan pilots sync drop better? Clan pilots have better internet? What?
Clan pilots are people who are committed enough and confident enough to drop a fair amount of real money on a hobby. It is the pilots who are self-selecting, not the equipment.
Aff?
Edited by WVAnonymous, 17 August 2014 - 07:48 PM.