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Yes, our economy has been dead since 2001 and we used debt or money stolen from the future to simulate economic growth. Our economy couldn't grow organicaly since 2001 so we faked economic growth with debt spending and now we are the most indebted country that ever existed in the world. We are totally broke as a nation, debt junkies addicted to debt.
We created illusion of growth with money stolen from the future, from our kids and grandkids. We destroyed our kids and grandkids future to protect status quo, to protect old world that died in 2001. We are stil protecting the old world, the old debt that we should be destroying since 2001. Fed criminals used insane policies like QE and Zirp to create biggest bubble in assets (stocks and real estate). For 17 years now you all have been manipulated by the Fed and our corrupt Government. Since then, since 2001 the biggest shysters and thieves, speculative people with criminal minds have become winners in our society and responsible people, savers have become losers and victims of insane Fed policies.
Three basic things in life = shelter, education and healthcare became unaffordable for most Americans. Our housing market turned into a casino game, American homes are investments now used for trading and rent scheme. We have real estate offices open in Hong Kong and other Chinese cities advertising our homes, American homes to foreign nationals. Our fellow citizens are priced out from buying a house and forming a family and competing with various world wide speculators and shysters. We desperately need a law like it was passed in New Zealand prohibiting foreigners to buy American homes. We need to end speculations in Real Estate. NAR (national association of realtors) needs to be dismantled and top people charged with crimes + treason.
It's easy to end this madness since 2001. All you have to do is keep raising interest rates and make our dollar, our currency stronger. Strong dollar will end all speculations, will force speculators to exit and liquidate all their assets, will free housing inventory. Strong dollar will pop this bubble, will end this madness, will end this fake economy created with debt. Yes, we all will feel some massive pain and suffering but after that we can build our new real economic growth. You all have been played by the Fed. Our economy has been dead since 2001. Everything is a lie today, illusion!!!
Our economy can't grow normaly again until we allow deflation and depression to do its job and until we destroy all bad debt that our Fed is protecting with low interest rates. We need much higher interest rates and then you will see house prices and rents cut in half or more, healthcare and education cut in half and more, gas prices and everything else cut in half or more.
Wake up people, you all have been played since 2001!!!!
Love it when the economist wannabees got it all figured out
Love it when people who barely graduated from high school are posting on this forum and in many cases even give advice to others. Real American Capitalists and our founding fathers would turn in their graves if they would see what is going on in our country today. Our country has been hijacked by Shysters and Thieves.
Last edited by C2BP; 06-18-2018 at 12:37 PM..
Reason: Typo
Love it when people who barely graduated from high school are posting on this forum and in many cases even give advise to others. Real American Capitalists and our founding fathers would turn in their graves if they would see what is going on in our country today. Our country has been hijacked by Shysters and Thieves.
Advise is something you do advice would be something you give just FYI since we are talking about high school
Love it when people who barely graduated from high school are posting on this forum and in many cases even give advice to others. Real American Capitalists and our founding fathers would turn in their graves if they would see what is going on in our country today. Our country has been hijacked by Shysters and Thieves.
i may be wrong but i think he was born in to money if i remember . it seems to ring a bell from something i think he once posted about not caring about growing his money .
It's easy to end this madness since 2001. All you have to do is keep raising interest rates and make our dollar, our currency stronger. Strong dollar will end all speculations, will force speculators to exit and liquidate all their assets, will free housing inventory. Strong dollar will pop this bubble, will end this madness, will end this fake economy created with debt. Yes, we all will feel some massive pain and suffering but after that we can build our new real economic growth.
Your idea will impose great costs on cronies that bought our politicians. You think the politicians are going to let them get hurt, or even less enriched than they currently are?
Your idea will impose great costs on cronies that bought our politicians. You think the politicians are going to let them get hurt, or even less enriched than they currently are?
That does not fit reality.
Very high interest rates without onerous inflation is madness. But I do like the idea of just sitting on my butt getting 13% return with MMF's again. lol
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