Posted on 05/09/2016 11:25:00 PM PDT by TheWriterTX
What aren't the banks telling you? Buy now before the prices skyrocket due to the collapsing economy
Ad nauseum
I’ve also been one to dispense with the “Great Recession” B.S. in favor of calling the economic times what they are — a full-blown Depression. Another symptom of a Depression is Hillary & friends who are scavenging the economy like vultures picking over a carcass. We are a Banana-Republic folks — see what’s going on in Venezuala & Greece?
The funniest guy? We voted for the guy who fights. We voted for the guy who counters with a sledgehammer. We don’t want a president, we want a wrecking ball. I have been saying this very thing for a year. I thought it was Cruz and supports him openly until February but then changed to Trump.
When the rest of the deleveraging cycle hits, you are going to want fluid assets.
Not hawking anything here.
Thats why you hear him mention bubbles and negotiating debt restructuring with our creditors.
He knows we have been in a crisis for the last 8 years.
FWIW, the much maligned Paul Ryan tried to make the point we are in a crisis back when he was Romney's VP
I always thought that part of Romney's weirdness in 2014 was that he really dud not want to be the guy that went down in history as the guy who crashed the country.
Its really to late to stop the pain and the can has been kicked way further down the road than any one ever imagined it could be, but the notes are coming due and electing a good President will determine what the country looks like when we come out the other end.
If you think about it, Trump may be the perfect man for the job
We are getting a nationalist with a conservative agenda the best of all possible outcomes.
BTTT!
Reagan did that and the good times began in his second term and extended for an, I believe, unprecedented length of time right up to the beginning of the present unpleasantness.
There were a couple of recessions but the damage was more announced then felt. If Trump can eviscerate the social programs and abolish the Agencies then we are on the road back and it will be a smooth and fast ride up the hill. Anything less and there will be a small rise followed by a continuing subsidence. If Trump has the vision and the determination to carry through he will precipitate something like an urban civil war. He has to ride it through and double down. The violence will subside or be squashed and, without the Agencies and with the amendments proposed for an Article 5 Convention, the Republic might be resurrected.
You are preaching to the choir here. I was making brutal fun of the lying slime bags that sell gold on talk radio.
I agree. Unfortunately there are the who don’t
Agree 100%. The GOPe jagoffs simply want the status quo.
I’ve read it before. It’s conspiracy nonsense promulgated by people ignorant of basic facts like what US Notes were, and of how the Triffin Dilemma created the pressure to abandon silver certificates and coinage. It’s entertaining but ultimately stupid, as most conspiracy stories are. Kennedy was famously so indifferent to the Fed that he could only remember that they dealt with monetary policy by the coincidence that monetary and William McChesney Martin both started with the letter ‘M’.
From what you write, may I assume that you would want the Federal Reserve to be audited? Transparency would put an end to a lot of “conspiracy theories”, after all.
There is a weekly report of the Fed’s activities published in Barron’s for those with a burning desire to see what the Fed has been doing. During the Carter years bond traders hung on every shred of information coming from the Fed and the market would fall if there was a whiff of credit expansion.
Conspiracy fans are going to be bored reading a Fed audit. Short sellers OTOH should find an audit useful because it will tip them off about banks under stress that are needing to borrow from the Fed. Since the Fed is not keen on helping ruin their member banks they aren’t interested in supplying that sort of information.
bkmk
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