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Old 02-12-2016, 02:29 PM
 
106,668 posts, read 108,810,853 times
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Well i see nothing here that resembles the great depression. Argue all you want. I think they navagated us past the big one as best as they could.

We certainly are a whole lot less bad now then 2008 . Was it the fed? Who knows , maybe we got better on our own but we are far from worse so i don't fault them for the qe's. It certainly is no great depression out there

 
Old 02-12-2016, 02:37 PM
 
Location: Chicago
5,559 posts, read 4,628,733 times
Reputation: 2202
Quote:
Originally Posted by mathjak107 View Post
Well i see nothing here that resembles the great depression. Argue all you want. I think they navagated us past the big one as best as they could.

We certainly are a whole lot less bad now then 2008 . Was it the fed? Who knows , maybe we got better on our own but we are far from worse so i don't fault them for the qe's. It certainly is no great depression out there
That's what they said in1929. The only similarities are waves massive deflation, enormous concentration of wealth, and historic levels of debt. Otherwise, everything is smooth sailing.

It's not the party that matters. It is the hangover.
 
Old 02-12-2016, 02:50 PM
 
106,668 posts, read 108,810,853 times
Reputation: 80159
Well until i see ramifications here that are worse then what we had in 2008 when we were collapsing i will not pass judgement on the feds actions other then to say we are a whole lot less bad
 
Old 02-12-2016, 05:07 PM
 
Location: Metro Detroit, Michigan
29,823 posts, read 24,902,718 times
Reputation: 28518
Quote:
Originally Posted by mathjak107 View Post
Well until i see ramifications here that are worse then what we had in 2008 when we were collapsing i will not pass judgement on the feds actions other then to say we are a whole lot less bad
The Fed, and government as a whole, rewarded the losers, at the expense of savers and taxpayers. Awesome model and example to follow for sustainable, long term growth and success. Ya right.
 
Old 02-12-2016, 05:30 PM
 
106,668 posts, read 108,810,853 times
Reputation: 80159
I never said it was fair. I said we are not in a depression and pulled out of what could have been one.

Good or bad it is what it is and we are not on bread lines.

But don't let me ruin the gripe fest . Just keep complaining to each other.
 
Old 02-12-2016, 05:36 PM
 
Location: Southern Colorado
3,680 posts, read 2,965,446 times
Reputation: 4809
Whatever this is, it is an infant. 2015 was a bull market. That was pretty recent.
 
Old 02-12-2016, 07:08 PM
 
Location: Spain
12,722 posts, read 7,574,122 times
Reputation: 22634
Quote:
Originally Posted by richrf View Post
A bear market in stocks.
A bear market in commodities.
This is an interesting way of looking at things with a single snapshot in time. QE has went on for years, would you have started this thread in mid 2015 and said look what QE has yielded an amazing bull market in stocks?

If you want to look at the stock market as a whole, where is it compared to when we started QE, up or down? Here I'll give you a hint below.



You are seriously implying QE hurt the stock market because of the recent 12% drop?

Last edited by lieqiang; 02-12-2016 at 07:17 PM..
 
Old 02-12-2016, 07:18 PM
 
Location: Chicago
5,559 posts, read 4,628,733 times
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Quote:
Originally Posted by lieqiang View Post
This is an interesting way of looking at things with a single snapshot in time.

QE has went on for years, would you have started this thread in mid 2015 and said look what QE has yielded an amazing bull market in stocks?

If you want to look at the stock market as a whole, where is it compared to when we started QE, up or down?
The Fed gets full credit for all three stock market Bubbles that destroyed our economy. Now for the final act - the Great Stock Market Crash. Promises to be a great finale.
 
Old 02-12-2016, 10:31 PM
 
4,369 posts, read 3,723,213 times
Reputation: 2479
Quote:
Originally Posted by richrf View Post
Right. You're with the analyst. What we need is more loosening. That will do it. Afterall, it's worked so well so far.
My brokerage account is up 3x since 2009 AND I have the best job I've ever had. Who's suffering?
 
Old 02-13-2016, 12:05 AM
 
Location: ATX-HOU
10,216 posts, read 8,117,467 times
Reputation: 2037
Quote:
Originally Posted by Perma Bear View Post
My brokerage account is up 3x since 2009 AND I have the best job I've ever had. Who's suffering?
Those who just sit on a pile of cash bemoaning others for not playing along with them.

People need to stop blaming the dealer and play the hand they are dealt.
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