Where My CE-Hoes At?
Armstrong & Getty On Demand
iHeartPodcasts
4.6 • 3.5K Ratings
🗓️ 14 June 2022
⏱️ 37 minutes
🧾️ Download transcript
Summary
Hour 2 of Tuesday's A&G: Inflation has put the squeeze on the American people. Have you started eating humans yet? An A&G Featurette: Where's The Controversy? Policing the development of Little Boys, and fake Klay Thompson.
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Transcript
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| 0:00.0 | Music |
| 0:10.0 | From the Abraham Lincoln Radio Studio at the George Washington Broadcast Center. |
| 0:15.0 | Jack Armstrong and Joe Getty. |
| 0:17.0 | The Armstrong and Getty Show. |
| 0:19.0 | Music |
| 0:26.0 | Canibalism everywhere. I'm checking the news or cannibalism has broken out a number of states with the stock market doing what it did yesterday. |
| 0:35.0 | So people have turned to the tasty flesh of their neighbor. |
| 0:40.0 | Well, it's the only thing that's available. I've warned you for years that this moment was coming. I am prepared. Are you? |
| 0:47.0 | Actually, actually the point of my mockery is that |
| 0:54.0 | let's let's let's let's all get a little dose of realism around all this stuff, right? |
| 0:59.0 | If you're over a certain age, you've lived through a bunch of recessions. You don't even remember them. Big freaking deal. |
| 1:05.0 | The world didn't come to an end. You ate hardly another any human being or pets during the time. |
| 1:12.0 | Your 401k was lower, but it came back like in 18 months or two years or one ever depending on the recession and everything's fine. |
| 1:20.0 | Yeah, or five years or seven years depending on which downturn you're talking about. |
| 1:25.0 | Yeah, no, some of the downturns take a while. |
| 1:27.0 | And if you are of a certain age, it is a problem, but if you're not of a certain age, it's really not. |
| 1:33.0 | It's really not a thing. I'm not depending on my 401k almost certainly until it comes back. |
| 1:40.0 | Yeah, now people live in paycheck to paycheck during these inflationary times because we're setting records now. |
| 1:47.0 | Well, that's the inflation as opposed to the stock market though. Yes, that is definitely a different situation. |
| 1:52.0 | Right, right. So yeah, oh, in terms of the market, yeah. And honestly, if you've done a decent job planning for your retirement |
| 2:00.0 | and your close to retirement, you have a comparatively smaller amount of your assets in volatile stocks. |
| 2:06.0 | And that sort of thing, you got it more in bonds and that's what I thought. |
... |
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