Posted on 01/15/2016 9:47:19 AM PST by kidd
Opened at 16,354.33 Down 496.57
Down 3.03%
(Excerpt) Read more at msn.com ...
How about too much funny money all over the globe and economic fundamentals treated like cleaning up after a squishy bowel movement. I am not saying this is the “major correction”, but eventually “gravity” will win in the end/era.
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If you bought Real Estate in ‘08, you were already well off.
No bank that I know of was selling mortgage loans to anyone with less than 10 million in net worth.
QE ended in October of 2014.
This is 2016, so I’d think “No” to ideas about funny money being the current Market issue.
Looks like the PPT is getting to work early today..
When buying investment property, a bank would be one of the last places I’d go for a loan. I’ve done it but I didn’t have any better alternatives then.
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No, everyone has definitely not been hurting.
I’ve been trying to get my ‘kids’ to reign in their spending. All of them have been quite flush with cash, and buying everything in sight. They are not particularly unique.
Plenty of young millionaires around these parts.
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Very good chance of that.
What was it Obama said,,whoever is telling you our economy isn’t strong is peddling a “myth”?
Dick.
Come on by California and fill up then. We are still hovering at $3/gal. Just trying to make you feel better. :)
The world is filled with funny money attempting to be confined by the “holders”/banks/financial institutions. Once the funny money can’t be confined anymore, get out the wheelbarrows and gun powder.
That’s not how economics work. Good fantasy stuff for online game-playing, though!
worth repeating ......
We will survive this as a free nation.
And time-and-again this forum proves to be the gold standard of economics — both in predictions and solutions.
FRegards ....
That’s right, WWII was just a fantasy along with the current military build up of Russia and China. Then again, dealing in funny money is a fantasy of itself, especially if you don’t control expenditures. The “illusion” is becoming harder to contain/control unless spending/regulations are drastically cut. Of course cutting down to the bone will create more problems too.
You forgot.
Zombies.
China is building up its Navy for Cold War II. It will be a war for raw materials and scarce resources.
Correct, Mister Lazamataz.
Having talked it over with Ambassador Keyes, Michael Savage, Glenn Beck, and the valued imput of Jeffy, it only makes sense.
We must send out the zombie virus to lower our collective metabolism and stretch the calorie value of our dwindling food stores.
But I still believe we will walk free.
Stupid-and-free?
Yes.
But our government will be freely elected zombies. And with everyone having the same brain power, the elections would be more fair.
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