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Old 10-12-2016, 11:51 AM
 
1,766 posts, read 1,223,628 times
Reputation: 2904

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And to crush your dreams and illusions, sorry but there is no one out there to help you to grow the economy, to avoid depression, to avoid chaos, civil war or ww3 possibly. We have to go thru DEPRESSION AND CHAOS FIRST!!!!!!!!!

Hate to blow your bubbles like that but this is the fact. Our economy hasn't recovered, we have no real economic growth, we spent trillions and trillions of dollars to stall and blow up asset bubbles again, but we haven't fixed anything and we are in worse situation today as a country, as a nation then we were back in 2008.

 
Old 10-12-2016, 12:57 PM
 
Location: NYC
20,550 posts, read 17,705,684 times
Reputation: 25616
Our economy produced fewer winners and lots more losers.
 
Old 10-12-2016, 03:50 PM
 
Location: Berkeley Neighborhood, Denver, CO USA
17,710 posts, read 29,829,274 times
Reputation: 33301
Default Data are your friends

27 charts that will change how you think about the American economy - Vox
 
Old 10-12-2016, 04:17 PM
 
4,369 posts, read 3,723,819 times
Reputation: 2479
Quote:
Originally Posted by C2BP View Post
And to crush your dreams and illusions, sorry but there is no one out there to help you to grow the economy, to avoid depression, to avoid chaos, civil war or ww3 possibly. We have to go thru DEPRESSION AND CHAOS FIRST!!!!!!!!!

Hate to blow your bubbles like that but this is the fact. Our economy hasn't recovered, we have no real economic growth, we spent trillions and trillions of dollars to stall and blow up asset bubbles again, but we haven't fixed anything and we are in worse situation today as a country, as a nation then we were back in 2008.
I know most of that is conspiracy rambling but I would really love another 2008. It would mean I could snag a Bay Area house in the east bay with my cash downpayment 👍
 
Old 10-12-2016, 04:32 PM
 
4,224 posts, read 3,018,697 times
Reputation: 3812
Lehman Brothers thought they had cash in 2008 too.
 
Old 10-12-2016, 06:03 PM
 
18,802 posts, read 8,471,648 times
Reputation: 4130
Great stuff!

Here's some other graphic data sites worth checking out:

MacroTrends | Charting Global Markets and Economies

US Daily Index
 
Old 10-12-2016, 06:06 PM
 
18,802 posts, read 8,471,648 times
Reputation: 4130
Quote:
Originally Posted by Perma Bear View Post
I know most of that is conspiracy rambling but I would really love another 2008. It would mean I could snag a Bay Area house in the east bay with my cash downpayment 👍
When the world is crashing around you it takes real balls, along with knowing your future income is guaranteed, in order to step up to this plate.
 
Old 10-12-2016, 06:11 PM
 
10,225 posts, read 7,587,698 times
Reputation: 23162
Quote:
Originally Posted by SportyandMisty View Post
I'm not sure what "real world" you are referring to.
The % of taxes that rich people pay...that's because they have a lot more money and income than everyone else. That's a reflection of their wealth, which is remarkably high, when you consider they pay a LOWER RATE than many middle class people do.
 
Old 10-12-2016, 06:12 PM
 
18,802 posts, read 8,471,648 times
Reputation: 4130
Quote:
Originally Posted by Pub-911 View Post
Lehman Brothers thought they had cash in 2008 too.
I have a feeling that Perma Bear isn't strung out with a massive amount of obscure derivatives, hedging, margins, other loans and assorted dubious investments.

(lol)
 
Old 10-12-2016, 06:15 PM
 
18,802 posts, read 8,471,648 times
Reputation: 4130
Quote:
Originally Posted by bpollen View Post
The % of taxes that rich people pay...that's because they have a lot more money and income than everyone else. That's a reflection of their wealth, which is remarkably high, when you consider they pay a LOWER RATE than many middle class people do.
I hate it when I make a bunch more money and then have to pay a bunch more in tax. Happened to me one time!

(lol)
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