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Now I think that if the S&P 500 got below 1250, that would be shocking.
Still, there's always the Eurozone. That isn't even close to being resolved.
Before The Fed Announced QE3, I thought there would be a huge crash soon.
You have it reversed.
The huge crash will happen now that QE3 has been announced.
What will you do when the DJIA drops to 5,000 or less?
Now that they continue to monetize the debt, you can count on a huge crash later.
You have it reversed.
The huge crash will happen now that QE3 has been announced.
What will you do when the DJIA drops to 5,000 or less?
Now that they continue to monetize the debt, you can count on a huge crash later.
Revive this thread when the DJIA drops through 5000 or when the S&P drops through 600. Shouldn't happen in my lifetime, as I see it.
Uh, how is avoiding a market crash fucked up?You have it reversed.
The huge crash will happen now that QE3 has been announced.
What will you do when the DJIA drops to 5,000 or less?
Now that they continue to monetize the debt, you can count on a huge crash later.
Revive this thread when the DJIA drops through 5000 or when the S&P drops through 600. Shouldn't happen in my lifetime, as I see it.
Let's assume you're correct. What a FUCKED UP thing to do to the next generation! Personally, I can't be that cruel to those yet to be born.
Uh, how is avoiding a market crash fucked up?Revive this thread when the DJIA drops through 5000 or when the S&P drops through 600. Shouldn't happen in my lifetime, as I see it.
Let's assume you're correct. What a FUCKED UP thing to do to the next generation! Personally, I can't be that cruel to those yet to be born.
Uh, how is avoiding a market crash fucked up?Let's assume you're correct. What a FUCKED UP thing to do to the next generation! Personally, I can't be that cruel to those yet to be born.
Monetizing the debt may help to bolster the stock market in the near term, but in the long run, it causes a massive crash to the entire economy, not just the stock market. If you study history and the causes of hyperinflation, monetizing the debt is generally the last step before everything goes down the toilet.
As it stands today, every taxpayer's share of the debt is about $140,000...and that's with interest rates near zero. What do you think will happen when we return to historically normal interest rates, much less hyperinflation?
Oh well, who cares? Screw the kids...let our largess be their problem.
Uh, how is avoiding a market crash fucked up?
Monetizing the debt may help to bolster the stock market in the near term, but in the long run, it causes a massive crash to the entire economy, not just the stock market. If you study history and the causes of hyperinflation, monetizing the debt is generally the last step before everything goes down the toilet.
As it stands today, every taxpayer's share of the debt is about $140,000...and that's with interest rates near zero. What do you think will happen when we return to historically normal interest rates, much less hyperinflation?
Oh well, who cares? Screw the kids...let our largess be their problem.
Why don't you tell the Japanese people about hyper-inflation? It should have happened 4 years ago, according to some people.
Oh, and don't give me that horseshit about an individual citizen's share of the debt and the burden on future generations. National debt really doesn't work that way.
Accrued national debt can be hyper-inflationary. What we don't know is at what point it does become so.Monetizing the debt may help to bolster the stock market in the near term, but in the long run, it causes a massive crash to the entire economy, not just the stock market. If you study history and the causes of hyperinflation, monetizing the debt is generally the last step before everything goes down the toilet.
As it stands today, every taxpayer's share of the debt is about $140,000...and that's with interest rates near zero. What do you think will happen when we return to historically normal interest rates, much less hyperinflation?
Oh well, who cares? Screw the kids...let our largess be their problem.
Why don't you tell the Japanese people about hyper-inflation? It should have happened 4 years ago, according to some people.
According anyone that has studied economic history, it will come. Always does.
Oh, and don't give me that horseshit about an individual citizen's share of the debt and the burden on future generations. National debt really doesn't work that way.
By all means, enlighten us.
Accrued national debt can be hyper-inflationary. What we don't know is at what point it does become so.
The war debt wasn't paid off. It became insignificant via economic growth.
Accrued national debt can be hyper-inflationary. What we don't know is at what point it does become so.
Agreed. Personally, I'm not willing to roll the dice when it won't be me, but those yet to be born, that will be forced to face the music.
The war debt wasn't paid off. It became insignificant via economic growth.
Agreed. I'm advocating we grow out of this, not try to monetize our way out. We certainly can't tax our way out. Live within our means, allow business to thrive, stop spending the funny money...
Accrued national debt can be hyper-inflationary. What we don't know is at what point it does become so.
Agreed. Personally, I'm not willing to roll the dice when it won't be me, but those yet to be born, that will be forced to face the music.
The war debt wasn't paid off. It became insignificant via economic growth.
Agreed. I'm advocating we grow out of this, not try to monetize our way out. We certainly can't tax our way out. Live within our means, allow business to thrive, stop spending the funny money...
How can businesses thrive when there is so little consumer demand?
It was said that Ireland had all of those. How is that country faring?Agreed. Personally, I'm not willing to roll the dice when it won't be me, but those yet to be born, that will be forced to face the music.
Agreed. I'm advocating we grow out of this, not try to monetize our way out. We certainly can't tax our way out. Live within our means, allow business to thrive, stop spending the funny money...
How can businesses thrive when there is so little consumer demand?
Free markets, low taxes, maximum freedom. Works every time!
Manipulated interest rates and currency monopolization? No free market.
OK. Watch the price of gold hit an all time high by this time next year. Gold will absolutely SOAR under QE3. Why is that?
