Quote:
Originally Posted by washoe
Ya, so @QP you basically said the gdp was tanking right?
Not as in destroyed, but tanking? Then I can see why I would get upset too. If I hadn't used that exact term and someone would say I used it. That was from what the loco bets were coming from right?
Anyways if I read cuepees last post it makes sense. The gdp did tank btw.
Your timeline is off. This conversation occured in 2020 Q3 - the massive GDP drop in Q2 due to the lockdowns was already in the past by this point. Even Cuepee acknowledged that the GDP was growing at this point in time - his point was the economy was being propped up artificially at the moment but this would not last, especially after the election. Needlessly to say, nothing remotely close what he was talking about ever materialized.
The magnitude of the GDP drop that Cuepee was talking about was around 50%, which would be completely unprecedented and unfathomably devastating. Also, not sure if you saw that but in the very same post, Cuepee used the term "destroy" to describe the GDP drop of just 4.2% during the Great Recession.
And as mentioned before, no one said Cuepee specifically used the word "destroy" and there's zero chance that when he angrily called me a liar, that this technicality (which isn't even right) is what he had in mind. That came afterwards as he realized that he was in the wrong, but wanted to find ways to rationalize the previous night's accusations.