Posted on 07/25/2012 6:16:09 PM PDT by bananaman22
The very premise is dopey.
It’s already collapsed and will continue to collapse no matter who wins. It’s not “waiting” to collapse.
Your wrong .the stock market will rise 70% if romney wins . It will be the fastest and biggest recovery ever .
Earlier:
As soon as it appears obvious that Romney will win. Hopefully with Vice President Palin.
Not a day later.
The point of no return has passed. It’s not if but when, I say we could have a good ten years.
How i wish you were right, edged.
The fundamentals just aren’t there to support that hope, in my humble opinion. You do not seem to have taken into consideration the debt that has piled up, the derivatives, and the problem that rising interest rates will cause.
If the stock market does rise as much as you believe, it will be a very short rise, probably to be followed by a complete collapse. Have you checked the volume?
But, only God knows the outcome, and considering how far we have strayed, I expect we are in for a good “chastisement”, and we deserve it.
I pray for my grandchildren. We have destroyed their future, and it makes me so sad.
——Your wrong .the stock market will rise 70% if romney wins . It will be the fastest and biggest recovery ever .——
Hate to bust your bubble.... But most likely the stock market will tank when Romney gets elected because the Obama administration is artificially propping it up.... Reality will take hold and the market will find it’s correct position somewhere lower....
70% up .... LOL
Please stay on subject and do not interject Palin. Damn, I like her and her grit, but; she proved a huge target. What do you think libs will do any decent looking, let alone attractive, Rep woman? Please stay focused on winning with the horse who got you there. We do not need any distractions. In fact, a very safe candidate as VP is what we need. We are beating zero right now, so; please do not shoot the horses that got us this far.
The world needs the US to be Marxist to ensure trade?
Democrats will lose, to Romney / Palin.
Lose!
Do not lose sight, it is Palin who could energize our side.
Bull poopies
And Obama’s policies of runaway spending, combined with stifling taxes and regulation, will have “what” effect on global trade, if he is re-elected?
The world economy might collapse before the election, and it will for sure collapse if Obama wins. Good thing that isn’t going to happen.
Uh, I guess in some schools of thought we need to be fascist to be free.
Nobama backer?
Special Agent Leroy Jethro Gibbs: “Ya THINK, Dinozzo?”
It does not matter which loser wins, we the people are screwed.
My comments...
Why global trade will collapse if Romney wins
There is an upside to this. First, I do not believe that global trade will collapse if Romney wins. Global trade is already collapsing. Overall, global trade is dependent on this country as a consuming nation. China is absolutely dependent on us. If decisions are made that have an adverse effect on what China can sell to the US market, that is a very good thing.
Why investors should get out of stocks and commodities
This is an area that is always uncertain, even with the best, most knowledgeable of investors. Even the best of us should get out of the market, except when we are privy to the insider info like that our Congress critters get on a regular basis. Mish says, At this point, the best thing to do is wait for better opportunities. I am talking my book, but something like 70-80% cash (or hedged equities) and 20-30% gold seems reasonable. I’m telling people, “Get out of the stock market. Get out of commodities except gold and perhaps a bit of silver.” My own opinion is that silver is a good thing...silver coins have value at a reasonable level for things we will need when the SHTF. A bar of gold bullion has no value when it come to buying a loaf of bread, or a fill-up at the gas station. And btw, I do not disagree with Mish, overall on this point of getting out.
Why we have been oversold on shale gas and renewable energy
Mish is wrong. Shale gas and oil is a real thing. It will be developed, and the Keystone pipeline will be built. But not while Obama is President. We have more oil reserves in the US & Canada with this shale gas that there is in all of the middle east. We have to develop it, and doing so gives us energy independence. We have to tell the greens to FO. And we need to make sure that Congress and the President are supportive. It is not just in the Bakken region. This is not new... The Bakken formation, initially described by geologist J.W. Nordquist in 1953, is a rock unit from the Late Devonian to Early Mississippian age occupying about 200,000 square miles of the subsurface. It is long past time to develop this regions oil reserves. All of the reserves in this country exceed that of the Middle East. FUBO. FUSierra Club, FUAG, etc.
Why oil prices will likely fall in the short-term
Oil Prices will go down because demand is falling. The unrest in the Middle East is temporary.
Why the Eurozone is doomed
Yes, the Eurozone is doomed, but the extend of the doom is a big question mark. The EC will fight like hell to see that it is not doomed...time will tell. That said, the EC influence in the scheme of things will diminish. Do not invest in Euros.
Why there may soon be an oil war with China
If so,, this will be temporary. China needs oil, though they likely have reserves that are comparable to the Bakkens. And right now, Chinas economy is growing very slowly, and total demand is low. When this changes, China can get their own oil, and if we have the right leadership, we will have our own oil...Middle East, be damned.
How government interference is ruining the renewable energy sector
Renewal energy is a pipe dream. Yes, there is solar, and wind, but these are not renewable resources. These resources are there, if we can finally learn how to utilize them. We have not yet done that. Government should stay the hell out of renewal energy, except to grease the skids by eliminating all EPA etc interferences. We should not promote, nor should we subsidize ethanol from corn as a renewable energy source. This is pure evil and causes untold damage to the price of food, both for the farmer, and for our own tables...at absolutely no advantage...the cost of growing the corn and converting it to ethanol exceeds the value of the energy when it gets to us at the pump. This is both an economic and an energy disaster.
Why we need to get rid of fractional reserve lending
Quoting Mish...The gold standard does not cause huge bubbles. The real culprit is fractional reserve lending. Historically, problems happened when banks lent out more money than there was gold backing it up.
The gold standard did one thing for sure. It limited trade imbalances. Once Nixon took the United States off the gold standard, the U.S. trade deficit soared (along with the exportation of manufacturing jobs).
To fix the problems of the U.S. losing jobs to China, to South Korea, to India, and other places, we need to put a gold standard back in place, not enact tariffs.
I agree in principle with Mish on this point.
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