Light at the end of the tunnel. We are starting to buy again.

[Neubarth]

The retail sales numbers 0.3 with autos and 0.8 without (ex-auto) in conjunction to three of the last five months are pointing to a positive. Other than maufacturing going up about four percent in the past half a year, it is the only real positives that we have seen.

 

[mudwhistle]

Thanks to the fact that Obama policies aren't getting through Congress.

 

[mayya555]

Finally some good news ;-). I'm tired of this 'oh-it-is-so-bad-that-we'll-all-gonna-die'

 

[Neubarth]

Finally some good news ;-). I'm tired of this 'oh-it-is-so-bad-that-we'll-all-gonna-die'

All you gotta do is think positive like Obama. The Republicans attack him for his positive can do American Spirit. That shows you who the real patriotic Americans really are. Hint, it is not the damned Republican Conservatives.

 

[william the wie]

Finally some good news ;-). I'm tired of this 'oh-it-is-so-bad-that-we'll-all-gonna-die'

Not everyone is going to die but there are three intractable problems:

1) Most of the non-basketcase world except for the US, India, parts of northern Europe, Australia and New Zealand are developing or have developed an inverted age pyramid. That means Germany, Greece and most of the rest of the developed and developing world have more grandparents than grandchildren. Several books have been written about how this problem really screws the pooch so here is a thumbnail sketch.

While the US is among the least affected nations by this problem that is very far from saying that the US has not been and will not be very seriously affected by the spillover effects of this problem in other countries because we have been and will be affected massively. We can't keep on being the policeman to the world and consumer of the world's products for countries that do not produce their own cops and consumers. Without us providing that service most of Eurasia goes bye-bye and our economy goes down the toilet.

2) The product life cycle requires periods of creative destruction but with much of the rest of the world committing slow motion auto-genocide that has not been done in more than 20 years. The US economy is seriously overdue for a spring cleaning. That's the fault of Europe and the Far East not the idiots in DC of any political stripe. Postponement makes the clean-up bigger and messier as the trash and junk rots.

3) An expectations lowering downturn about every 40 years or so is needed to pump the human breeding cycle. (Strauss & Howe wrote a mini-library on how this has worked in the past and sites such as the bio-rational institute supply various theories as to why this works now.) The 2008 meltdown was at least 4 years late and combined with reasons 1&2 we've got a real mess on our hands.

These problems will resolve themselves and at very worse the US will emerge as second fiddle to India but still the big dog in a lot of areas. In the shortrun the US is hostage to insane policies in Europe and the Far East and no US president is going to change the internal policies of nations thousands of miles away.

 

[Neubarth]

Finally some good news ;-). I'm tired of this 'oh-it-is-so-bad-that-we'll-all-gonna-die'

.... at very worse the US will emerge as second fiddle to India but still the big dog in a lot of areas. In the shortrun the US is hostage to insane policies in Europe and the Far East and no US president is going to change the internal policies of nations thousands of miles away.

Fact remains that we are the richest country in the world in natural resources (sunshine on open land, rainfall (Hydropower), rich farmland, coal, oil (an estimated thirty percent of the world's reserves), and other mineral resources. Add to that the millions of geniuses in our vast country. We are so rich in genius IQ that we waste them. Amazing wealth that we need to utilize properly. AND to that we have a tremendous workforce that is the most productive in the world as long as they have jobs. Only the best of the best seem to have immigrated to this country to create our fantastic gene pool. Breed Americans! Breed with abandon! Besides that, it feels good to do so.

Now, we just need an administration that creates jobs for the masses.

 

[☭proletarian☭]

The retail sales numbers 0.3 with autos and 0.8 without (ex-auto) in conjunction to three of the last five months are pointing to a positive. Other than maufacturing going up about four percent in the past half a year, it is the only real positives that we have seen.

So long as the Keynesian cult continues to control the Fed, nothing the individual does can stop the ultimate collapse of the system.

 

[Neubarth]

The retail sales numbers 0.3 with autos and 0.8 without (ex-auto) in conjunction to three of the last five months are pointing to a positive. Other than maufacturing going up about four percent in the past half a year, it is the only real positives that we have seen.

So long as the Keynesian cult continues to control the Fed, nothing the individual does can stop the ultimate collapse of the system.

Fellow Marxist, (Have I gone that far?) if we can borrow unlimited sums from the FED at no interest, how can that cause a collapse? There is something remiss in your thinking.

 

[☭proletarian☭]

The retail sales numbers 0.3 with autos and 0.8 without (ex-auto) in conjunction to three of the last five months are pointing to a positive. Other than maufacturing going up about four percent in the past half a year, it is the only real positives that we have seen.

So long as the Keynesian cult continues to control the Fed, nothing the individual does can stop the ultimate collapse of the system.

Fellow Marxist, (Have I gone that far?) if we can borrow unlimited sums from the FED at no interest, how can that cause a collapse? There is something remiss in your thinking.

How can you borrow that does not exist?

I refer to you F.A. Hayek and Ludwig von Mises, who can explain the effects of monetary inflation (printing more money, such as to loan in your example) better than I can.

mises.org

 

[Neubarth]

So long as the Keynesian cult continues to control the Fed, nothing the individual does can stop the ultimate collapse of the system.

Fellow Marxist, (Have I gone that far?) if we can borrow unlimited sums from the FED at no interest, how can that cause a collapse? There is something remiss in your thinking.

How can you borrow that does not exist?

I refer to you F.A. Hayek and Ludwig von Mises, who can explain the effects of monetary inflation (printing more money, such as to loan in your example) better than I can.

mises.org

You obviously have a serious misunderstanding of the issue. We are not printing more money. There is no need to, It has already been spent. All we are doing is borrowing it from the FED at no interest.

We don't need to print money. We just need to refinance it better.

 

[Neubarth]

Folks, there is a Big difference between printing money and borrowing it. The Treasury prints money. The amount of money in circulation that the Treasury has printed is usually fairly well documented. People are confusing the printing of money with the spending of it. These are two different things. In our socialist system, we can spend to boost the economy and put people to work, like on my pet plan to move twenty percent of the Mississippi river flow to the west to replenish the aquifers that are going dry. We could put over two million men to work on that vital project alone. My other project is to create resort islands off of our coasts (and hurricane buffers) with rocks dug up from vast tracts in eastern Washington, eastern Oregon, Nevada and West Virginia and eastern Kentucky and Tennessee.
We need to create massive freshwater lakes in the dug out tracts. That will put another two million people to work. Meanwhile we need to shut down all shipping from China so we can put people back to work making products that we used to make. Jobs are jobs, and we need them. Elect me the First Socialist President of North America and I will take care of all of this.

 

[☭proletarian☭]

Fellow Marxist, (Have I gone that far?) if we can borrow unlimited sums from the FED at no interest, how can that cause a collapse? There is something remiss in your thinking.

How can you borrow that does not exist?

I refer to you F.A. Hayek and Ludwig von Mises, who can explain the effects of monetary inflation (printing more money, such as to loan in your example) better than I can.

mises.org

You obviously have a serious misunderstanding of the issue. We are not printing more money. There is no need to, It has already been spent. All we are doing is borrowing it from the FED at no interest.

We don't need to print money. We just need to refinance it better.

You cannot borrow that which does not exist. The Fed has no wealth to loan. All they are doing is issuing more currency to loan out. The total amount of wealth represented by that currency remains unchanged, which is what devalues the currency, resulting in price inflation and financial panic further down the line. The fed issues currency, not wealth. It is currency and currency alone that you're talking about borrowing.

 

[Neubarth]

How can you borrow that does not exist?

I refer to you F.A. Hayek and Ludwig von Mises, who can explain the effects of monetary inflation (printing more money, such as to loan in your example) better than I can.

mises.org

You obviously have a serious misunderstanding of the issue. We are not printing more money. There is no need to, It has already been spent. All we are doing is borrowing it from the FED at no interest.

We don't need to print money. We just need to refinance it better.

You cannot borrow that which does not exist. The Fed has no wealth to loan. All they are doing is issuing more currency to loan out. The total amount of wealth represented by that currency remains unchanged, which is what devalues the currency, resulting in price inflation and financial panic further down the line. The fed issues currency, not wealth. It is currency and currency alone that you're talking about borrowing.

Prole, we have been borrowing what does not exist for nearly a hundred years now. It works, and works quite well. As you will note, there is no inflation right now. We just borrow money at zero interest and everything is cool. What a wonderful system!

 

[☭proletarian☭]

Prole, we have been borrowing what does not exist for nearly a hundred years now. It works, and works quite well.

Have you been living in a cave? Are you seriously claiming American economic policy is economically sound and sustainable?

As you will note, there is no inflation right now

monetary inflation + artificial price controls + artificially low interest rates = economic disaster. That's how we keep getting into the same mess over and over again. Mark my words, a day will come when the quick-fixes and economic duct tape will no longer be able to keep the dam of economic turmoil from breaking.

We just borrow money at zero interest and everything is cool.

You can't borrow anything from the Fed. The Fed has and produces no wealth.

What a wonderful system!

Either you're playing Poe or you're truly clueless.

 

[Truthmatters]

mises.......snore

 

[☭proletarian☭]

mises.......snore

Perhaps you prefer Nobel award-winner F.A. Hayek?