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Economy, what economy????? Our economy has been dead since 2001. Yes, our economy has been on life support for 15 years, supported with stolen public money and debt.
Why can't we normalize interest rates if our economy is doing good?
Lies, lies and lies, I guess in the world full of lies, simple truth is the enemy!!!!
We are in depression mathjack, we have been in depression since 2001. Mark my words, we will NEVER see real economic growth unless we allow deflation and depression to do it's job, NEVER, its impossible, not happening.
What is next after ZIRP, QE1, QE2 and QE3, should we try QE4, QE5, QE6, QE7, NIRP????????????????
How further down can we go before we realize that our only real medicine that can save us is going thru DEFLATION and DEPRESSION?
I get it, you are like a little child, you are afraid of loosing your material and financial gains, you prefer denial option and protecting the status quo. But, who said that you can keep all your gains? DEFLATION will make sure that we all pay the price. Deflation and Depression is desperately needed in America to teach us a valuable lesson.
i guess financially your life must suck ! .
but there are many of us doing just fine and have been for the last 15 years .
we certainly are not in a depression as you stated . in fact our net worth hit a new high yesterday . folks are doing fine in just about every asset class . that is not a depression .
the economy is much better then we were in 2008-2009 and that was not a depression .
Source on "net worth hitting a new high"?
I believe the Fed has managed to pull off an incredible prop job.
We've had nearly 0% interest rates for the longest span in history.
The Fed just keeps letting us borrow from the future.
source on net worth hitting new high ? my own accounts say i did as of yesterday . s&p 500 is within 1 point of breaking an all time record .
we are the best house in the worst neighborhood and cash from all over the world has been investing here , hardly the sign of a country in a depression as stated above .
i have been hearing about paying the piper for my 30 plus years as an investor . had i feared this crap all my life i wouldn't be retired today .
in fact all our kids and their spouses all have very good paying jobs , careers and business's .
one day , yeah it may happen but so far listening and reacting to this noise would have left you a lot poorer and for those whining about things likely did so .
i would venture to say the doom and gloomers here spend more time complaining about things then acting on improving their own situations .
as always , those who want to succeed will find a way , the rest find an excuse . it is always everyone else's fault they can't improve things for themselves .
Last edited by mathjak107; 07-09-2016 at 02:43 AM..
What growth? That phony growth financed with stolen taxpayer money? Everything since 2008 has been phony, unatural and fake. The Fed faked economic recovery by spending public money to mask depression.
Why can't we raise interest rates to 0.5%? This phony economy cannot even handle another 0.25% rate hike. What a joke!
Like I said, nobody really cares if you don't consider real growth real growth. It's just a non-issues. Real growth doesn't mean the economies doing awesome or is overheated. It just means it's growing, which it is. Fake, phony, stolen, rainbow sorbet unicorn farts. Whatever, don't care. Real economy and financial markets are both much better than they were in 2008.
Really, you just sound upset. My guess is you either have no shirt or lost it doing a classic buy high sell low and missed the recovery and want a mulligan. Hopefully for your sake it's just your bad investing and you're not like our favorite perpetual burger flipping resident and need it for your entire life.
source on net worth hitting new high ? my own accounts say i did as of yesterday . s&p 500 is within 1 point of breaking an all time record.
Incredibly strong source, fine sir. I ask for a source on "net profits" and I get stock market numbers.
"Net profits" and S&P 500 numbers are nowhere near related.
S&P 500 numbers alone are not indicative of a strong economy.
There's been quite a bit of asset inflation in the past few years caused by low interest rates. Stock markets are grossly overvalued. Think about how high would the S&P be if we had 5% interest rates? Spoiler: it would be in the dumps.
Incredibly strong source, fine sir. I ask for a source on "net profits" and I get stock market numbers.
"Net profits" and S&P 500 numbers are nowhere near related.
S&P 500 numbers alone are not indicative of a strong economy.
There's been quite a bit of asset inflation in the past few years caused by low interest rates. Stock markets are grossly overvalued. Think about how high would the S&P be if we had 5% interest rates? Spoiler: it would be in the dumps.
I hope you're diversified my friend.
as individuals we are most concerned with how we are doing ourselves . that includes both ourr passive income and our earned income . so , yes the two are quite important . if my passive income ain't good , my spending gets cut and that is bad for your income .
actually no it isn't an issue . in fact if i didn't mention the fact that in the long term scheme of things those dates happened to me i wouldn't even remember they did happen .
in a long term accumulation time frame spanning decades those dates are non events . even if you retired in 1929 you came through just fine 30 years later . in fact investors in dollar terms were recovered from the 1929 crash in 4-1/2 years .
i was part of all as an investor except 1929
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