# šŸ’° US economy chat ... econochat! **URL:** \ **Category:** E-commerce Business Management\ **Created:** [July 16, 2024, 7:10pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367 "2024-07-16T19:10:12Z")\ **Posts on this page:** 20\ **Page:** 10
**Author:** ![lake](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lake/32/66_2.png) [@lake](https://sellersasksellers.com/u/lake)\ **Post date:** [June 12, 2025, 8:34pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/190 "2025-06-12T20:34:45Z")
> [@Pepper\_Thine\_Angus](#): > > I was unaware that business relationships were also friendships. I mean Amazon ā€” Every significant business relationship I have ever had evolved into a friendship. Business does not exclude friendship. I have had suppliers grant me extended terms when I had a cash flow problem, and we have had suppliers who have had cash flow issues who asked me for early payment. No formalities required. I have always had the attitude that I did not want to do business with anyone that I would not invite to my home for dinner. ---
**Author:** ![Pepper\_Thine\_Angus](https://sellersasksellers.com/user_avatar/sellersasksellers.com/pepper_thine_angus/32/56_2.png) [@Pepper\_Thine\_Angus](https://sellersasksellers.com/u/Pepper_Thine_Angus)\ **Post date:** [June 12, 2025, 8:49pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/191 "2025-06-12T20:49:24Z")
> [@lake](#): > > Every significant business relationship I have ever had evolved into a friendship. Your friends with Amazon and ebay? > [@lake](#): > > I have had suppliers grant me extended terms when I had a cash flow problem, and we have had suppliers who have had cash flow issues who asked me for early payment. No formalities required. Yes I have had this and agree ---
**Author:** ![lake](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lake/32/66_2.png) [@lake](https://sellersasksellers.com/u/lake)\ **Post date:** [June 12, 2025, 8:59pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/192 "2025-06-12T20:59:01Z")
I have never viewed my relationships with Amazon or Ebay as significant. Just as I would never view life without freedom as significant. In absolute dollars, they have not been significant, I would never allow myself to be dependent on either of those companies. I still own my domain names, and one of them would be resurrected should I need more money. Both Amazon and Ebay provided me with funds which could be used for self-indulgence and personal charity, without any guilt or worry. A luxury in ways that are hard to explain. I would not invite Pierre or any of his successors, or Jeff or Andy to my home for dinner. Nor are they likely to come if invited. ---
**Author:** ![Lost\_My\_Marbles](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lost_my_marbles/32/2919_2.png) [@Lost\_My\_Marbles](https://sellersasksellers.com/u/Lost_My_Marbles)\ **Post date:** [June 12, 2025, 11:24pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/193 "2025-06-12T23:24:53Z")
> [@lake](#): > > I have always had the attitude that I did not want to do business with anyone that I would not invite to my home for dinner. > [@lake](#): > > I would not invite Pierre or any of his successors, or Jeff or Andy to my home for dinner. Nor are they likely to come if invited. Having a hard time reconciling those two statements as they seem to be on different sides of your business / dinner table analogy while doing business with both. > [@lake](#): > > Both Amazon and Ebay provided me with funds which could be used for self-indulgence and personal charity, without any guilt or worry. A luxury in ways that are hard to explain. Life in a bubble? ---
**Author:** ![TJB](https://sellersasksellers.com/letter_avatar_proxy/v4/letter/t/a8b319/32.png) [@TJB](https://sellersasksellers.com/u/TJB)\ **Post date:** [June 13, 2025, 12:10pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/194 "2025-06-13T12:10:50Z")
> [@lake](#): > > Every significant business relationship I have ever had evolved into a friendship. Business does not exclude friendship. This all depends on the nature of your friendship. Iā€™ve had to cut loose many, many suppliers because of issues. Iā€™ve had them help me and Iā€™ve helped them just as you said but I donā€™t consider that to be personal, itā€™s business on both ends. Would I have considered many of those suppliers as friends? Yes, but I understood that friendship is based on business, not a business based on friendship. ---
**Author:** ![dwat0870](https://sellersasksellers.com/user_avatar/sellersasksellers.com/dwat0870/32/5233_2.png) [@dwat0870](https://sellersasksellers.com/u/dwat0870)\ **Post date:** [October 9, 2025, 6:17pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/195 "2025-10-09T18:17:30Z")
And a new survey points out some pretty bleak figures for the economy in 2025! Released by Axios today, 10/9/2025 ā€“ ā€œ22 states are in recession or close to it, new analysis findsā€ [https://www.axios.com/2025/10/09/trump-tariffs-immigration-recession-states](https://www.axios.com/2025/10/09/trump-tariffs-immigration-recession-states) ---
**Author:** ![lake](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lake/32/66_2.png) [@lake](https://sellersasksellers.com/u/lake)\ **Post date:** [October 9, 2025, 8:15pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/196 "2025-10-09T20:15:54Z")
Knowing the effect does not mean one knows the cause. Effects are backward looking, they are easy to analyze. And as they say, past performance is not necessarily a predictor of future performance. Credit Axios for including this disclaimer " **Reality check:** Like NBERā€™s recession call, this is a subjective assessment. But in this case, itā€™s just one economist doing the ranking. - Overall, the economy is not in a recession and the national unemployment rate ā€” at least in August ā€” was still relatively low." ---
**Author:** ![papy](https://sellersasksellers.com/user_avatar/sellersasksellers.com/papy/32/7639_2.png) [@papy](https://sellersasksellers.com/u/papy)\ **Post date:** [October 9, 2025, 9:47pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/198 "2025-10-09T21:47:11Z")
> [@dwat0870](#): > > Released by Axios today, 10/9/2025 ā€“ ā€œ22 states are in recession or close to it, new analysis findsā€ And in Fortune: [Roughly half of U.S. states are effectively in a recession and ā€˜hanging on by their fingertips,ā€™ Moodyā€™s chief economist says | Fortune](https://fortune.com/2025/10/09/america-feels-recession-state-dependent-income-cohort-moody-zandi/) > _According to analysis from Moodyā€™s Analytics, 22 U.S. states are seeing their economies contract. Meanwhile, just 16 are seeing economic growth, while 13 are classified as ā€œtreading water.ā€ That said, the states contributing the most to U.S. GDPā€”California, Texas, and New Yorkā€”are all in the clear, pushing the overall growth of the country into the green as a result._ ![Screenshot_20251009-164003_Chrome](https://sellersasksellers.com/uploads/default/original/2X/f/f30a3388fc55d0b876bd42a251334f237c555ec4.jpeg) ![Screenshot_20251009-164057_Chrome](https://sellersasksellers.com/uploads/default/original/2X/a/acec5c5ead8b5a43ab4017c455136e3570e09481.jpeg) One thing statisticians sometimes do to data is determine the ā€œoutliersā€ (significantly above and below the majority of data points, using formulas) and then run the numbers without them. It _sounds_ like if the national numbers excluded California, New York, and Texas, the picture would then be more consistent with most consumerā€™s lived current experiences. ---
**Author:** ![Uncle\_Leroy](https://sellersasksellers.com/user_avatar/sellersasksellers.com/uncle_leroy/32/10810_2.png) [@Uncle\_Leroy](https://sellersasksellers.com/u/Uncle_Leroy)\ **Post date:** [October 10, 2025, 1:40am UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/199 "2025-10-10T01:40:31Z")
> [@papy](#): > > One thing statisticians sometimes do to data is determine the ā€œoutliersā€ (significantly above and below the majority of data points, using formulas) and then run the numbers without them. It _sounds_ like if the national numbers excluded California, New York, and Texas, the picture would then be more consistent with most consumerā€™s lived current experiences. I concur. I like the WSJ when they do a statistical analysis because they usually tell you what theyā€™ve included in the data as well as what may not have been included. ![image](https://sellersasksellers.com/uploads/default/original/2X/e/ec204b9a232afa1c7edcb83902ff3019f01ddb07.png) Based on this, I think they are including the data. It would be highly misleading to mention the overall growth of the country due to CA, TX , and NY and then exclude the data when using the choropleth map. ![image](https://sellersasksellers.com/uploads/default/original/2X/b/bcfc27a4a6bbf9b798c32c538758ba8704f08a22.png) ---
**Author:** ![SellerFeller](https://sellersasksellers.com/user_avatar/sellersasksellers.com/sellerfeller/32/7364_2.png) [@SellerFeller](https://sellersasksellers.com/u/SellerFeller)\ **Post date:** [October 10, 2025, 9:51am UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/200 "2025-10-10T09:51:42Z")
I guess I know where to focus my advertising now. šŸ˜‰ ---
**Author:** ![papy](https://sellersasksellers.com/user_avatar/sellersasksellers.com/papy/32/7639_2.png) [@papy](https://sellersasksellers.com/u/papy)\ **Post date:** [October 13, 2025, 4:58pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/201 "2025-10-13T16:58:02Z")
7 posts were merged into an existing topic: [šŸ” The Junk Drawer](https://sellersasksellers.com/t/the-junk-drawer/1934/602) ---
**Author:** ![Tried\_Tested](https://sellersasksellers.com/user_avatar/sellersasksellers.com/tried_tested/32/10_2.png) [@Tried\_Tested](https://sellersasksellers.com/u/Tried_Tested)\ **Post date:** [October 16, 2025, 7:57pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/202 "2025-10-16T19:57:58Z")
This article completely misses the influx of CA and other big state dollars flowing into states like Idaho and Montana and all the expansion states. There are folks bringing their CA dollars with them rapidly increasing costs in those states. On their own, without the influx, those states wouldnā€™t see economic expansion. ---
**Author:** ![dwat0870](https://sellersasksellers.com/user_avatar/sellersasksellers.com/dwat0870/32/5233_2.png) [@dwat0870](https://sellersasksellers.com/u/dwat0870)\ **Post date:** [October 16, 2025, 9:07pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/203 "2025-10-16T21:07:15Z")
> [@Tried\_Tested](#): > > On their own, without the influx, those states wouldnā€™t see economic expansion. And, sadly, those states have no idea what OTHER changes are going to happen as a result of those migrations. Iā€™d mention voting patterns but it might get censored as political. šŸ˜ˆ ---
**Author:** ![Dogtamer](https://sellersasksellers.com/user_avatar/sellersasksellers.com/dogtamer/32/4766_2.png) [@Dogtamer](https://sellersasksellers.com/u/Dogtamer)\ **Post date:** [October 16, 2025, 9:18pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/204 "2025-10-16T21:18:32Z")
> [@dwat0870](#): > > And, sadly, those states have no idea what OTHER changes are going to happen as a result of those migrations. > ā€¦ If they arenā€™t - which I would question, based upon the available evidence - then Iā€™d submit that their decision-makers havenā€™t been paying enough attention to such trends over the last Ā½-century and moreā€¦ ---
**Author:** ![papy](https://sellersasksellers.com/user_avatar/sellersasksellers.com/papy/32/7639_2.png) [@papy](https://sellersasksellers.com/u/papy)\ **Post date:** [October 16, 2025, 11:57pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/205 "2025-10-16T23:57:19Z")
3 posts were merged into an existing topic: [šŸ” The Junk Drawer](https://sellersasksellers.com/t/the-junk-drawer/1934/609) ---
**Author:** ![papy](https://sellersasksellers.com/user_avatar/sellersasksellers.com/papy/32/7639_2.png) [@papy](https://sellersasksellers.com/u/papy)\ **Post date:** [October 16, 2025, 10:18pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/208 "2025-10-16T22:18:00Z")
The Beige Book was released yesterday: [The Fed - Monetary Policy: Beige Book (Branch)](https://www.federalreserve.gov/monetarypolicy/beigebook202510-summary.htm). Thereā€™s one more due out this year, the day before Thanksgiving. This piece has some handy visualizations within. > **[Fedā€™s Beige Book Finds Growth Flat, Uncertainty Rising | PYMNTS.com](https://www.pymnts.com/economy/2025/feds-beige-book-finds-growth-flat-uncertainty-rising/)** > > The Federal Reserveā€™s latest Beige Book paints a familiar picture of an economy searching for direction, one defined less by momentum than by hesitation. ---
**Author:** ![dwat0870](https://sellersasksellers.com/user_avatar/sellersasksellers.com/dwat0870/32/5233_2.png) [@dwat0870](https://sellersasksellers.com/u/dwat0870)\ **Post date:** [October 17, 2025, 3:33pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/209 "2025-10-17T15:33:46Z")
It will be interesting to see how long it takes for the staff writers that did the report to be removed from their positions due to being ā€˜wrongā€™ and denying how robust the current economy really is. Iā€™m torn between that being sarcasm or recognizing the current ā€˜realityā€™. ---
**Author:** ![VTR](https://sellersasksellers.com/user_avatar/sellersasksellers.com/vtr/32/14279_2.png) [@VTR](https://sellersasksellers.com/u/VTR)\ **Post date:** [October 17, 2025, 3:57pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/210 "2025-10-17T15:57:32Z")
What is more sad is those people we know and love who will do absurd mental gymnastics to avoid having to acknowledge that reality, in order to simply save face from being wrong. Itā€™s like watching a flat earther try and argue with an astronaut. Intellectually painful to those watching and the Astronaut, but nothing will change because the other person is simply on ā€œteamā€ flat earth. You could put them on an orbiter and they will always think the edge is just over the horizon, no matter how many times they go around the planet. ---
**Author:** ![Tried\_Tested](https://sellersasksellers.com/user_avatar/sellersasksellers.com/tried_tested/32/10_2.png) [@Tried\_Tested](https://sellersasksellers.com/u/Tried_Tested)\ **Post date:** [October 17, 2025, 5:33pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/211 "2025-10-17T17:33:09Z")
The moon landing was fake! ---
**Author:** ![Lost\_My\_Marbles](https://sellersasksellers.com/user_avatar/sellersasksellers.com/lost_my_marbles/32/2919_2.png) [@Lost\_My\_Marbles](https://sellersasksellers.com/u/Lost_My_Marbles)\ **Post date:** [October 17, 2025, 5:37pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/212 "2025-10-17T17:37:15Z")
> [@Tried\_Tested](#): > > The moon landing was fake! We will attest that when we plop our bare behind (aka moon) down on the throne ā€¦ it is a very real event. šŸ˜ [Previous page](https://sellersasksellers.com/t/us-economy-chat-econochat/4367.md?page=9) [Next page](https://sellersasksellers.com/t/us-economy-chat-econochat/4367.md?page=11)