Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

U.S. Economy Waist Deep In The Big Muddy (Peter Schiff)
The Market Oracle ^ | 1-28-2012 | Peter Schiff

Posted on 01/28/2012 7:21:04 AM PST by blam

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-23 next last

1 posted on 01/28/2012 7:21:13 AM PST by blam
[ Post Reply | Private Reply | View Replies]

To: blam

2 posted on 01/28/2012 7:22:18 AM PST by blam
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
Obama's Economy


3 posted on 01/28/2012 7:23:54 AM PST by csmusaret (I have kleptomania, but when it gets too bad I take something.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

I’m sure Obama can sing an Al Green song and make it all better.


4 posted on 01/28/2012 7:24:46 AM PST by blueunicorn6 ("A crack shot and a good dancer")
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
U.S. Economy Waist Deep In The Big Muddy

Us peasants are just ingrates that don't want our taxes increased to keep the federal machine going that is saving the country. /s

5 posted on 01/28/2012 7:29:12 AM PST by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
The Western Economies are running on fumes
Consuming the Nitro of infused Debt
But the Return on Investment from the injected Capital is < 0
With the (Change in GNP)/(Change in Total Debt) being < 1


6 posted on 01/28/2012 7:34:52 AM PST by HangnJudge
[ Post Reply | Private Reply | To 1 | View Replies]

To: TigerLikesRooster

ping


7 posted on 01/28/2012 7:38:00 AM PST by FreedomPoster (Islam delenda est)
[ Post Reply | Private Reply | To 1 | View Replies]

To: csmusaret
The economy if Romney gets elected

Photobucket

8 posted on 01/28/2012 7:39:32 AM PST by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 3 | View Replies]

To: HangnJudge

Good chart. Looks like we’re going to roll over a weak top this quarter and then down to who knows where. Waist deep? I think we’re already at mustache level and will soon need a snorkel.


9 posted on 01/28/2012 7:40:37 AM PST by Paine in the Neck (Where's he getting these ideas? He's not smart enough to be that stupid all by himself.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: blam
"suffering yield-dependent retirees"

Why doesn't AARP care about this?

10 posted on 01/28/2012 7:57:40 AM PST by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LZ_Bayonet

Like Farm Bureau not really representing farmers, AARP is just another insurance company.


11 posted on 01/28/2012 8:03:07 AM PST by Eric in the Ozarks (Eh ?)
[ Post Reply | Private Reply | To 10 | View Replies]

To: blam
The Dollar Index is now down more than 3.5% from its highs in mid-January.

I think that lowering the dollar is Bernanke's express purpose now that it's become obvious that banks won't lend any of his new money. It fits in nicely with Obama's mysterious vow to increase exports.

The Keynesians love exports -- they think they're the answer to all economic ills.

12 posted on 01/28/2012 8:29:03 AM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
And the current happy tracking data...


13 posted on 01/28/2012 8:37:11 AM PST by HangnJudge
[ Post Reply | Private Reply | To 1 | View Replies]

To: csmusaret; blam

That ship is a great metaphor for the economies of the West today.

Looked great, right up until it hit a rock and rolled over.


14 posted on 01/28/2012 8:49:20 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Eric in the Ozarks
"Like Farm Bureau not really representing farmers, AARP is just another(Democrat Supporting) insurance company.
15 posted on 01/28/2012 8:57:15 AM PST by blam
[ Post Reply | Private Reply | To 11 | View Replies]

To: csmusaret

You know how Obama would spin that,he would say our ship has come in.


16 posted on 01/28/2012 9:03:11 AM PST by Vaduz
[ Post Reply | Private Reply | To 3 | View Replies]

To: HangnJudge
With Friends Like These Does Gold Need an Official QE3?

"As the charts below show, gold and silver have not only held the gains from Wednesday, but have edged higher as more U.S. dollar devaluation policies were taken on Thursday. As of today, the U.S. now has a $16.4 trillion debt capacity, representing a $1.2 trillion increase from the previous $15.2 trillion limit."


17 posted on 01/28/2012 9:04:18 AM PST by blam
[ Post Reply | Private Reply | To 13 | View Replies]

To: blam

———so no real efforts need be made to cut spending or raise taxes———

Efforts to cut spending were made but ignored by the Senate. The effort to raise taxes by letting the Bush cuts be rescinded will fail

When the election is over, taxes will not be raised and the current ear’s deficit will be contained by cuts in spending.

That leaves the debt as the problem. The devaluation is a painless tax that reduces the worth of the debt in relation to gold and oil and food. Eventually wages will also feel the force of the devaluation and will rise, in spite of unemployment. The devaluation will be if not totally global, very wide spread.

It is the course on which everyone that counts, world wide, can agree.


18 posted on 01/28/2012 9:10:15 AM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Eric in the Ozarks

AARP is not really an insurance company. To be more correct, AARP is an insurance brokerage firm or a big insurance agency.

AARP selects different insurance companies for different purposes and then flog them to the geezers.

I myself have Medicare Advantage policy issued by United Health care. This year it is labeled AARP/United Health Care. I objected to United saying that I wanted no policy associated with the lefties at AARP. The answer was there is no real association and AARP is the same as other agents selling thier product that I was purchasing on line sans any agent.

AARP chose their product and by so doing created massive confusion in what was what. United has many different policies in many many different areas. AARP apparently selected some for sale and not others. By incorporating AARP into the policy name they hoped to reduce the confusion.

By the way, the AARP/United Health Care Medicare Advantage policy I have has no monthly cost in my county.


19 posted on 01/28/2012 9:22:14 AM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Kaslin
GDP On Recession Track
20 posted on 01/28/2012 11:25:40 AM PST by blam
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-23 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson