It is all okay. We live in upside down land. My favorite statistic is contracting at a slower rate than before is actually growth. It is all okay!
Or how about spending more, but not as much as you previously said, so that is cutting spending.
Or adding debt is actually increasing capital. Sure.
Or booking future sales as profit now is under GAAP rules. Yup.
Or selling 2% more than the previous month while still being down 20% year over year is a recovery??? Reminds me of the Arab spring! Things look great until they don't.
Last month my house lost $10k in value but this month it only lost $8k. That means my house actually increased in value by $2k? What the hell kind of math is that?
How anyone can actually spout this garbage with a straight face is beyond me. What makes me crazy is that governments/politicians/MSM/investors/Americans actually buy it!!! It is all okay!
Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
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