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Old 05-11-2016, 05:28 AM
 
6,575 posts, read 4,939,688 times
Reputation: 13795

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Quote:
Originally Posted by C2BP View Post
...
Phony Bull Market
Anti-Capitalists
The Business Cycle IS the Bull Market
Hocus-pocus created by a selfish money
Elite protecting the status quo and their own power.
They stole money from our unborn grandchildren
The devil is going to present a bill
This debt orgy and perversion of capitalism + common sense.

Beware the Jabberwock, my son!
The jaws that bite, the claws that catch!
Beware the Jubjub bird, and shun
The frumious Bandersnatch!
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Old 05-11-2016, 11:36 AM
 
3,792 posts, read 1,924,464 times
Reputation: 767
Supply side economics, we've chased that tail until we have a demand limited economy.


You want more demand? Up wages, Print money and hand it to the common people, that will drive demand. Up the top marginal tax rate, but you can't do that until we have strong growth.
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Old 05-11-2016, 11:44 AM
 
840 posts, read 502,844 times
Reputation: 1326
Quote:
Originally Posted by ContrarianEcon View Post
Supply side economics, we've chased that tail until we have a demand limited economy.


You want more demand? Up wages, Print money and hand it to the common people, that will drive demand. Up the top marginal tax rate, but you can't do that until we have strong growth.
We need to abandon this socialism style planned economy and return to free market capitalism. Like all planned economies, they are less resilient than one thinks, they always result in massive unwinds, and they deal with change very poorly. We are reaping what we sowed. We sold free market capitalism for the stability of a planned economy build on the vice, greed, hubris, and corruption of the central bank and government. Excuse me if I don't clap at this circus of lies.
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Old 05-11-2016, 11:45 AM
Status: "Re-re-edit" (set 4 days ago)
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
4,518 posts, read 2,085,680 times
Reputation: 3467
Quote:
Originally Posted by C2BP View Post
True Capitalists hate this phony Bull Market, Anti-Capitalists love this phony Bull Market. The FED needed to begin raising interest rates in 2001, when the Business Cycle ended. The Business Cycle IS the Bull Market. Everything after the Bull Market ends is hocus-pocus created by a selfish money elite protecting the status quo and their own power. 2001 was the beginning of a Bear Market. How did the FED trick us? They stole money from our unborn grandchildren so we would not have to go hungry (as in 1929-1947). But the devil is going to present a bill and we all are going to pay for this debt orgy and perversion of capitalism + common sense.
My grandchildren, if DS would only get someone knocked-up, will do fine. Already have a investment fund set up and heirs will inherit at least a private 4 year university legacy, indexed. DS is also doing fine.
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Old 05-12-2016, 03:25 PM
 
Location: Edinburgh,Scotland
365 posts, read 204,718 times
Reputation: 896
Quote:
Originally Posted by C2BP View Post
Paulson and Geithner are Crooks, Thieves and Criminals, you are glorifying the criminals. You want to give Paulson and Geithner Nobel Peace Prizes? Both of them belong in prison.

Deflation and Depression hasn't been avoided, just postponed by trickery, gimmicks and massive theft of public money. Why interest rates haven't normalized yet if we are in some real recovery? It is a joke people are still talking about a recovery over 6 years after the last downturn. The real concern now is how to prevent the economic down cycle from being too harsh given the absurd actions of central banks who inflated throughout the whole cycle to artificially stimulate their economies by addicting people and companies to even more debt. A downturn will find that many of them can't pay and any sizable rise in interest rates and/or inflation towards normalcy will bankrupt many.
C2BP and others have a valid point.Look at the interest rates for the uk and usa for the last 50 years(hit the MAX button) and look at the charts.The last 7/8 years flatlining.If we are truly "out of the woods" as our govt's are telling us why, are interest rates not rising to near their normal level?.The minute our govt's raise interest rates by.25% the tales of doom will come from householders that they cannot afford the rate rise.Govt's and the public are living on a debt time bomb but we do not want to hear that or deal with it.Lets face it "we want it all and we want it now".Some other mug can pay for our debt down the line when the S**t hits the fan.And you know who will be picking up the tab for our"Greed"?.Our kids thats who.

United Kingdom Interest Rate | 1971-2016 | Data | Chart | Calendar

United States Fed Funds Rate | 1971-2016 | Data | Chart | Calendar
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Old 05-12-2016, 03:46 PM
 
8,318 posts, read 5,246,865 times
Reputation: 14159
Quote:
Originally Posted by silverhead View Post
C2BP and others have a valid point.Look at the interest rates for the uk and usa for the last 50 years(hit the MAX button) and look at the charts.The last 7/8 years flatlining.If we are truly "out of the woods" as our govt's are telling us why, are interest rates not rising to near their normal level?...
No, we're not out of the woods. And yes, indeed we have serious problems. Europe's problems are even more serious.

But this isn't equivalent to asserting that we're all ineluctably doomed, that a dissolute and debauched age must necessarily receive a harsh comeuppance, that all governments are lying and that the only way to make money is rampant speculation or fraud.

The mentality of "to save the village, you must first destroy it", is disingenuous and moronic. We do not need a cathartic collapse to rise again. We do not need a Goetterdaemmerung, or a prophet to lead us from the wilderness. We have not so grievously transgressed, that somehow we now need a metaphysical transfiguration.

The West hasn't been saving enough. It's starting to save more. The East needs to consume more. In a decade or two, these trends, if allowed to proliferate in modesty and measured progress, will converge.
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Old 05-12-2016, 07:05 PM
 
Location: Silicon Valley
3,795 posts, read 1,730,400 times
Reputation: 6438
Quote:
Originally Posted by Yakscsd View Post
lol...too funny. How do people who buy this stuff make it through a day?

Dreaming... of the day when they can tell everyone...I was right. I'm the prepared, smart one. In truth, there's something amazing about doing well when everyone else isn't. If everyone's doing well, there's fewer bragging rights.

That's my hypothesis...don't make me go cite a youtube video to make it fact.

But they'll still sit in their little cave eating the same style ration to last another 5 years after I've already died off because I didn't prepare for the moon cracking up and landing into the Earth with an explosive blast that kills everyone not in a bunker underground, and there was knowledge of it happening beforehand at FEMA.

No, I'm ok to go in the first wave though. I believe in God. I do want to participate in all I can with the economy given us today though.
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Old 05-13-2016, 06:24 AM
 
30,866 posts, read 48,024,003 times
Reputation: 16635
Quote:
Originally Posted by jrkliny View Post
Beware the Jabberwock, my son!
The jaws that bite, the claws that catch!
Beware the Jubjub bird, and shun
The frumious Bandersnatch!
Thank you---retired English teacher here and Lewis Carroll was an excellent choice...
Also could have gone with Shakespeare's "...tale told by an idiot...full of sound and fury...and signifying nothing..."
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Old Today, 07:45 AM
 
Location: Vienna, VA
320 posts, read 167,781 times
Reputation: 364
The deflation is comings! You suckers who have been taking on debt and staying invested, sucks to be you guys!
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