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most of the above is the result of 9 trillion in additional debt, political manipulation and interest rates at 5000 year lows -- none of which would be needed in a healthy economy. bubbles are everywhere and demand has been pushed forward. virtually everything is manipulated and you either believe math or you believe govt. statistics. that increase in pay - offset by inflation. that house price increase - offset by housing price increases plus higher real estate taxes. that 401k increase - enjoy it while you have it and you better hope a lot of it isn't in govt. bonds. for every one of you there are two not so fortunate in terms of employment or savings - if we are to believe your reporting. 60% of Americans have virtually no savings - none.
This tells me that you are confusing government debt with economic performance. And with government conspiricy theories. I particularly liked the "interest rates at 5000 year lows".
Yes, I have done better than inflation - either I'm lucky or you need me NOT to be better off financially.
Quote:
since everything is so great you should have no problem with the FED raising rates to historical norms of around 5.5%.
Actually, I have no problem with the Fed raising interest rates slowly to around 5.5%. And if inflation kicks off due to a possible Trump economic bubble, the Fed will probably need to raise rates that high.
In fact, I'd love it if the Republicans could RAISE taxes on those who can afford it (including me), cut or hold spending, reduce and then eliminate the budget deficit, and then start paying down the national debt. You know, sort of like it was headed in 2000, before the Republicans fouled it all up.
You can keep spreading the fertilizer, but it's not going to make your astro-turf any greener.
This tells me that you are confusing government debt with economic performance. And with government conspiricy theories. I particularly liked the "interest rates at 5000 year lows".
...
In fact, I'd love it if the Republicans could RAISE taxes on those who can afford it (including me), cut or hold spending, reduce and then eliminate the budget deficit, and then start paying down the national debt. You know, sort of like it was headed in 2000, before the Republicans fouled it all up.
...
Things were going good there for a while, weren't they?
Going well again. Time to start paying down that national debt.
most of the above is the result of 9 trillion in additional debt, political manipulation and interest rates at 5000 year lows -- none of which would be needed in a healthy economy. bubbles are everywhere and demand has been pushed forward. virtually everything is manipulated and you either believe math or you believe govt. statistics. that increase in pay - offset by inflation. that house price increase - offset by housing price increases plus higher real estate taxes. that 401k increase - enjoy it while you have it and you better hope a lot of it isn't in govt. bonds. for every one of you there are two not so fortunate in terms of employment or savings - if we are to believe your reporting. 60% of Americans have virtually no savings - none.
since everything is so great you should have no problem with the FED raising rates to historical norms of around 5.5%.
I know you are imitating somebody but you don't do hyperbole well.
most of the above is the result of 9 trillion in additional debt, political manipulation and interest rates at 5000 year lows -- none of which would be needed in a healthy economy. bubbles are everywhere and demand has been pushed forward. virtually everything is manipulated and you either believe math or you believe govt. statistics. that increase in pay - offset by inflation. that house price increase - offset by housing price increases plus higher real estate taxes. that 401k increase - enjoy it while you have it and you better hope a lot of it isn't in govt. bonds. for every one of you there are two not so fortunate in terms of employment or savings - if we are to believe your reporting. 60% of Americans have virtually no savings - none.
since everything is so great you should have no problem with the FED raising rates to historical norms of around 5.5%.
WHO OWNS THE DEBT illtake? who holds it, when you figure that out you will also figure out why most wealthy and smart investors are not nearly as worried as you seem to be.
I would add, that you need only look at global hard asset prices to understand what has happened. and why it both matters and does not , depending on where you are standing.
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