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I agree that in our system business has to follow the economy. But the economy will be naturally and unnaturally altered by business, politics and Gov't. This is not going to stop. You're asking for some kind of Laissez-faire capitalist nirvana which ain't gonna happen.
I'm asking for nothing of the sort. You haven't seen me defend Sarbanes/Oxley in multiple threads and ask why no one is enforcing it?
If you are looking at a 50% loss, renting would be a good option, especially when you know renting would become cheaper over time
In theory. In real life it isn't going to happen. We have far too much classroom theory running the country because so many in charge know nothing beyond that.
We have people streaming across the border, apartments don't grow on tree's. Our population isn't falling. Rent isn't going to fall. It might be stagnant but IMO consistency is good.
Even in small pockets that people flee and rents fall some it's not going to be a major consideration. Besides, if you know rent will be cheaper next year why not hang around in the Wal-Mart parking lot and wait until next year?
Japan has not had 20 years of deflation, they have been on both sides of zero for 20 years, and they have seen 20 years of economic stagnation during that period. If you like stagnation, they you probably like what we have in US today, because we have stagnation.
Seriously you call record market prices stagnation? Yes, we have stagnation in wages and hiring but that wouldn't be so bad if the markets weren't driving up prices.
"We owe, like, $1.6 trillion because the Federal Reserve bought that debt, so we have to work hard to pay the interest to the Federal Reserve," Paul said. "We don't, I mean, they're nobody; why do we have to pay them off? - Ron Paul
I voted for Paul twice, but I don't think he was actually proposing bankruptcy.
Seriously you call record market prices stagnation? Yes, we have stagnation in wages and hiring but that wouldn't be so bad if the markets weren't driving up prices.
They are referring to economic growth, not the stock market.
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I'm not sure why I bother.
You asking me? Look at Japan inflation rates and see they have been on both sides of zero for a long time, sometimes just under, and sometimes just over zero.
stock market prices , especially in the united states, don't have much to do with the domestic economy.
they are international exchanges, with international buyers trading international stocks that serve international markets.
But we can't have a DOW at or near record heights in a Depression. So there has to be some correlation there. The stock markets reflect a part, but one major part of our overall economy.
But we can't have a DOW at or near record heights in a Depression.
we can .. it's just not likely.
a depression is multiple consecutive quarters of negative GDP. you could have that occuring simultaneously with a big rise in foreign profits. combine that with a weak domestic currency, and it's certainly not beyond the pale that we'd have record stock market highs in a depression.
to be clear, though, we aren't in a depression.
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So there has to be some correlation there. The stock markets reflect a part, but one major part of our overall economy.
a depression is multiple consecutive quarters of negative GDP. you could have that occuring simultaneously with a big rise in foreign profits. combine that with a weak domestic currency, and it's certainly not beyond the pale that we'd have record stock market highs in a depression.
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