Posted on 07/13/2020 9:29:33 AM PDT by SeekAndFind
Yes, but whoever prints money slowest is King.
China: ‘Well, if our economy is going to go to sh*t, let’s take the rest of the world with us.....’
I want a 40,000 dollar stimulus check to get the newest Challenger
I totally ying and yang on this all day.
Too bad there are no functional Crystal Balls.
Yes, but whoever prints money slowest is King.
“...to get the newest Challenger”
You got a culturally appropriate haircut again? ;-)
New debt will not boot the recovery but will buy time to allow a smart person to prepare the depression. The smart people see it and realigning their investments for least impact.
lol
The black market barbershop I went to was also offering massages in the back.
I passed :)
Probably a small casino in there somewhere too :)
Democrats in NY, CA, NJ, MA and MI: “We’re with you all the way comrade Xi.”
Blah blah blah. Fiat “funny money” currency, backed by nothing, created with a key stroke. Spend like hell until all the infrastructure is built, forgive the phony debt, and convert to gold back currency. We can do that now that the “Fed” (actually a private bank) is part of the Dept of Treasury.
I had to look it up.
That’s the shadiest looking bar/casino i’ve ever seen :)
I've been to Ekalaka and there is not much there. You don't get there by mistake.
There is no recession. The recession was 8 years long and ended in 2017. It was called a recovery but that was never fact checked. What we have now is a contraction, an artificial recession imposed on us by people who dont want us electing the wrong people. Debt will do us no good but growth will certainly postpone the bad effects of debt until the next actual recession.
lol
New debt will not boot the recovery but will buy time to allow a smart person to prepare the depression. The smart people see it and realigning their investments for least impact.
************
I’ve been dialing back my risk exposure. My personal view is that the economy will be facing a lot of headwinds due to growing structural problems and I don’t want to get caught in the downdraft.
The market is presently significantly overvalued. The forward PE on the S&P 500 is about 25. Its way ahead of itself.
Imagine what this market would be like if the government and the Fed were not backstopping this economy?
What are the means used to beat inflation ?—other than the obvious tactic of removing money from circulation—which has been ignored since COVID. Are there other means ?
What are the repercussions of drastically reducing money in circulation once the fake pandemic quiets ?
I bought my first house in Tacoma,WA in 1980 for $40,000.
Granted, it wasn't as much fun driving it around as a Challenger would've been but it sure turned a lot of heads.
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