Joe Owns the Longest Non Recession Recession Runup in US History

[SassyIrishLass]

I bought land for $550 dollars an acre which is now worth $7,000 an acre. Not a bad bit of investment.

Must not be prime ground, it's going for around 12k an acre. My mom has 900 acres of tillable... appraised at 12, 230 an acre

 

[DukeU]

No, a resourceful chap.

During a recession, it's wise to be resourceful.

 

[LAUGHatLEFTISTS]

Where is the high unemployment?

Butbutbutbut high employment!

Sorry pothead, employment isn’t the only factor determining a recession.

 

[SC Patriot]

Must not be prime ground, it's going for around 12k an acre. My mom has 900 acres of tillable... appraised at 12, 230 an acre

hey....with all dues respect, his ROI jumped dramatically. I would consider that a win.

Down by me, in 1976 an acre was $1.75. No joke. Myrtle Beach. International paper needed to dump its assets.
Now?
125K for a quarter acre.

 

[Moonglow]

Butbutbutbut high employment!

Sorry pothead, employment isn’t the only factor determining a recession.

Really? I doubt you actually know what a recession is.

 

[Moonglow]

Must not be prime ground, it's going for around 12k an acre. My mom has 900 acres of tillable... appraised at 12, 230 an acre

No, it's not like Iowa or Central Okiehoma it's in the Foothills of the Ozarks which is woodlands.

 

[SC Patriot]

Really? I doubt you actually know what a recession is.

I'll bite. Tell me what a recession is to you.

Now, don't give me the BS we get from the media that the working class falls for.

As business owner as you are, tell me what a recession is.

 

[SC Patriot]

No, it's not like Iowa or Central Okiehoma it's in the Foothills of the Ozarks which is woodlands.

It is still land and it appreciated in value nicely. Good call.

 

[Moonglow]

I'll bite. Tell me what a recession is to you.

Now, don't give me the BS we get from the media that the working class falls for.

As business owner as you are, tell me what a recession is.

I already posted it.

 

[SassyIrishLass]

hey....with all dues respect, his ROI jumped dramatically. I would consider that a win.

Down by me, in 1976 an acre was $1.75. No joke. Myrtle Beach. International paper needed to dump its assets.
Now?
125K for a quarter acre.

Land is a great investment. My mom inherited all hers...a freaking gold mine

 

[Lesh]

Butbutbutbut high employment!

Sorry pothead, employment isn’t the only factor determining a recession.

And neither is GDP

 

[Lesh]

Hardly.

Two years in and we haven't even recovered all of the jobs lost from the Wuhan Designer Virus attack.

Actually we have...and then some

 

[multivita-man]

Must not be prime ground, it's going for around 12k an acre. My mom has 900 acres of tillable... appraised at 12, 230 an acre

Real estate is local. K?

 

[Independent thinker]

MSM can’t deny it anymore, they’re looking so stupid silly to the public. So now the pivot.

“The US economy falling into recession within the next 12 months is a virtual certainty, according to the latest Bloomberg Economics forecast model released on Monday.”

Duh.

And guess who’s going to be responsible. Yep. The Republican sweep of 22.

US recession forecast hits 100% as inflation rages, midterms loom

The model was published just weeks before elections that will determine control of Congress.

nypost.com

But but Trump had mean tweets.

 

[Uncensored2008]

Actually we have...and then some

Nope

United States Employed Persons

The number of employed persons in The United States decreased to 161083 Thousand in May of 2024 from 161491 Thousand in April of 2024. This page provides - United States Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

tradingeconomics.com

Our peak was 2018.