Posted on 08/17/2019 7:50:23 AM PDT by Kaslin
I know, we are running enough for all of them.
Yeah, let’s go negative like Europe and Japan!
Bump to the top!!!!
Another moron who doesn’t realize the US interest rates, currency and bonds can only be evaluated in comparison with other developed nations, not some US timescale. It’s not the 1970s.
Bill Clinton’s policies reduced the budget deficits for awhile and savings interest rates were higher. They also led to a stock market bubble and a crash, followed by a real estate bubble and a crash. We’re still recovering.
A lot of debt you see today is due to those crashes.
Not really. Ya can look it up. Most of the problems we face today are natural side effects of entitlement spending. Typical boom bust of the recent era has been .gov promoting investments into assets because of low interest rates, global wage arbitrage and the such. Real estate is a prime example of .gov putting the finger on the scale.
Just look around. The 'market' shouldn't be the be all end all for the financial well being of the citizen, especially with the amount of spending helping to keep it afloat.
The United States started out heavily in debt and recovering from hyperinflation after the Revolutionary War. We still went on to be a great nation.
The United States ran up a huge amount of debt during the Civil War and we still went on to be a great nation.
The United States ran up a huge amount of debt during WWII and we still went on to be a great nation.
The United States ran up a huge amount of debt during the Cold War and the Great Society. We went on to be a great nation.
The United States ran up a huge amount of debt during the recent stock market crash, real estate crash, and the awful Obama regime.
Today we are the world’s only superpower. We have the largest economy, the best technology, the strongest military, and the best President.
You place too much emphasis on the threat of debt. We’ve been dealing with it successfully for centuries.
The biggest threats we’ll ever face are the ones to efficient markets and capitalism. Right now the biggest threat is the Federal Reserve and their market manipulation.
That’s the position of President Trump and me too.
Enjoy your move to Argentina.
The feds have always affected the market. People like them doing that when it benefits them. There is no benefit to large amounts of debt, especially when .gov doesn't use such low rates to do something. Instead of simply inflating asset classes.
Move to Argentina because they have what you want:
A balanced budget.
A central bank with a very tight policy.
A high rate paid on savings accounts.
The biggest reason of all is you ignored my brilliant post, so you can continue to wallow in your ignorance.
LEAVE!!!!
And the housing bubble was a result of liar's loans driving up housing prices; I had coworkers whose house double in value in 1 year.
Also, don't forget that Bill Clinton benefited from $10/barrel for oil.
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