The economic bleepstorm

[sakinago]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

 

[leftwinger]

May the TrumPence be with you.

 

[OKTexas]

Don't be in debt, the best way to live anytime.

 

[sakinago]

May the TrumPence be with you.

What does that mean? Honestly, are you saying it sarcastically bc you think I am a trump fan, or because you think trump and pence is the best answer to what's coming our way?

 

[sakinago]

Don't be in debt, the best way to live anytime.

Personally yes, living debt free is a good thing. But with living debt free there can be no investment. A lot of money can be made in investing, the problem is too much idiotic investing, which Europe and the US have been practicing. SO...who is to blame, and how/what do we do to survive those short sighted/idiotic investment plans our institutions have been making l?

 

[sonic]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

Greed, corruption and the absurd failed policy of trickle down economics are to blame. Systemic corruption in congress gives incredible power to lobbyists resulting in favors and huge tax breaks for the wealthy and powerful, and allowing financial institutions to take larger risks than should be allowed. On top of that, the proven failure of trickle down economics (which Trump's economic policies fully support), has devastated the middle class creating massive personal and national debt. The U.S. Economy is relatively strong, so I wouldn't be concerned about a near term crash, although if Trump wins, markets will become very nervous. Keep in mind that analysis of Trump's proposals conclude that they would add more than 11 trillion to our national debt taking it from an already very high 75% of GDP to an economy crushing 127% of GDP. Clinton's are bad enough, but at least they only add 500 billion to our debt.
Promises and Price Tags: A Fiscal Guide to the 2016 Election

 

[sakinago]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

Greed, corruption and the absurd failed policy of trickle down economics are to blame. Systemic corruption in congress gives incredible power to lobbyists resulting in favors and huge tax breaks for the wealthy and powerful, and allowing financial institutions to take larger risks than should be allowed. On top of that, the proven failure of trickle down economics (which Trump's economic policies fully support), has devastated the middle class creating massive personal and national debt. The U.S. Economy is relatively strong, so I wouldn't be concerned about a near term crash, although if Trump wins, markets will become very nervous. Keep in mind that analysis of Trump's proposals conclude that they would add more than 11 trillion to our national debt taking it from an already very high 75% of GDP to an economy crushing 127% of GDP. Clinton's are bad enough, but at least only add 500 billion to our debt.
Promises and Price Tags: A Fiscal Guide to the 2016 Election

Ok so what trump, and his supporters have been practicing is not capitalism. The ability for the government to be corrupted comes from the more influence and power we give them. The more power they have, the more influence they have, the more influence they have, and the greater the ability for them to be not only be corruptible, but also make a difference in policy changes that will help certain companies/industries that have bought off these politicians with the power to make those changes for them. This is what trump and his father have been prospering off their entire career. It is not capitalism, capitalism means that trump looses he actually looses and has to liquidate assetses , which has been many times. Cronyism is what happens when people like trump and his father win with the help of government and policy. Even with the best of intentions, giving the power to make a difference to a select few also increases their ability to be corruptible. So even when you elect the guy with the best intentions to use government .'

 

[HereWeGoAgain]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

Greed, corruption and the absurd failed policy of trickle down economics are to blame. Systemic corruption in congress gives incredible power to lobbyists resulting in favors and huge tax breaks for the wealthy and powerful, and allowing financial institutions to take larger risks than should be allowed. On top of that, the proven failure of trickle down economics (which Trump's economic policies fully support), has devastated the middle class creating massive personal and national debt. The U.S. Economy is relatively strong, so I wouldn't be concerned about a near term crash, although if Trump wins, markets will become very nervous. Keep in mind that analysis of Trump's proposals conclude that they would add more than 11 trillion to our national debt taking it from an already very high 75% of GDP to an economy crushing 127% of GDP. Clinton's are bad enough, but at least they only add 500 billion to our debt.
Promises and Price Tags: A Fiscal Guide to the 2016 Election

Yeah....nothing like free everything to help an ailing economy and a 20 trillion shortfall.
So which is it,Barry's economy is great or it's in the shitter?

It's so hard to tell when listening to liberal morons.....

 

[sakinago]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

Greed, corruption and the absurd failed policy of trickle down economics are to blame. Systemic corruption in congress gives incredible power to lobbyists resulting in favors and huge tax breaks for the wealthy and powerful, and allowing financial institutions to take larger risks than should be allowed. On top of that, the proven failure of trickle down economics (which Trump's economic policies fully support), has devastated the middle class creating massive personal and national debt. The U.S. Economy is relatively strong, so I wouldn't be concerned about a near term crash, although if Trump wins, markets will become very nervous. Keep in mind that analysis of Trump's proposals conclude that they would add more than 11 trillion to our national debt taking it from an already very high 75% of GDP to an economy crushing 127% of GDP. Clinton's are bad enough, but at least they only add 500 billion to our debt.
Promises and Price Tags: A Fiscal Guide to the 2016 Election

Yeah....nothing like free everything to help an ailing economy and a 20 trillion shortfall.
So which is it,Barry's economy is great or it's in the shitter?

It's so hard to tell when listening to liberal morons.....

Yea but we have plenty of land to sell to China so... That's a win win, China who owns most our debt gets to buy up land that our fed govt doesn't lawfully own, but they're the fed and screw the constitution. And we and China will both never fall bc we're to big to fail in the global economy, bc that's how globalism works. So everyone has nothing to worry about. The oil backed USD despite being stretched out will be just fine, bc oil can't be found anywhere else outside of our wonderful friends, Saudia Arabia. casinos can always make more chips and distribute them enough that the devaluing of the chips on the table isn't a problem. The the only problem with that is that in this case the house doesn't always win and when people decide to cash out, there's going to be a big short. But don't worry empires never ever fall and we'll be just fine when that happens.

 

[Mac1958]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

Maybe, maybe not.

One thing is for sure, though: If it happened, the two political sides would say it's all the other guy's fault.
.

 

[owebo]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

Greed, corruption and the absurd failed policy of trickle down economics are to blame. Systemic corruption in congress gives incredible power to lobbyists resulting in favors and huge tax breaks for the wealthy and powerful, and allowing financial institutions to take larger risks than should be allowed. On top of that, the proven failure of trickle down economics (which Trump's economic policies fully support), has devastated the middle class creating massive personal and national debt. The U.S. Economy is relatively strong, so I wouldn't be concerned about a near term crash, although if Trump wins, markets will become very nervous. Keep in mind that analysis of Trump's proposals conclude that they would add more than 11 trillion to our national debt taking it from an already very high 75% of GDP to an economy crushing 127% of GDP. Clinton's are bad enough, but at least they only add 500 billion to our debt.
Promises and Price Tags: A Fiscal Guide to the 2016 Election

Greed, corruption and the absurd failed policy of trickle up poverty are to blame. Systemic corruption by democrats in congress gives incredible power to lobbyists resulting in trillions wasted on things like MMGW,..

 

[OKTexas]

Don't be in debt, the best way to live anytime.

Personally yes, living debt free is a good thing. But with living debt free there can be no investment. A lot of money can be made in investing, the problem is too much idiotic investing, which Europe and the US have been practicing. SO...who is to blame, and how/what do we do to survive those short sighted/idiotic investment plans our institutions have been making l?

Don't give a crap about Europe, US needs to get back to its constitutional foundation. Investment is for individuals and businesses, not the federal government.

 

[OKTexas]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

Greed, corruption and the absurd failed policy of trickle down economics are to blame. Systemic corruption in congress gives incredible power to lobbyists resulting in favors and huge tax breaks for the wealthy and powerful, and allowing financial institutions to take larger risks than should be allowed. On top of that, the proven failure of trickle down economics (which Trump's economic policies fully support), has devastated the middle class creating massive personal and national debt. The U.S. Economy is relatively strong, so I wouldn't be concerned about a near term crash, although if Trump wins, markets will become very nervous. Keep in mind that analysis of Trump's proposals conclude that they would add more than 11 trillion to our national debt taking it from an already very high 75% of GDP to an economy crushing 127% of GDP. Clinton's are bad enough, but at least they only add 500 billion to our debt.
Promises and Price Tags: A Fiscal Guide to the 2016 Election

You might want to check your national debt figures again, we're already at about 115% of GDP. Thank you dear leader.

 

[sakinago]

We have an Economic bleepstorm coming our way. The practices that lead to our 07-08 recession we have only doubled down on. We haven't just doubled down on it in the US but also in pretty much all of western civilization. I in my OHO, feel like everyone else pretty much agrees with this notion.

So...who or what is to blame? And even more importantly how do we beat/survive the crash we have been holding off for too long?

Will the next Economic crash be on par with the Great Depression?

Maybe, maybe not.

One thing is for sure, though: If it happened, the two political sides would say it's all the other guy's fault.
.

You're absolutely right, but it's not a matter of if but when, and how bad. And it's looking like it's going to be very bad, bad as in the US and NATO forces are no longer the superpower of the world. I really hope it doesn't come down to that. But what I hope and what reality are are 2 different things

 

[ScienceRocks]

Nah, economic cluster fucks are caused by republican deregulations. Aint happening.

 

[owebo]

Nah, economic cluster fucks are caused by republican deregulations. Aint happening.

You mean like Dodd-Frank?

 

[leftwinger]

May the TrumPence be with you.

What does that mean? Honestly, are you saying it sarcastically bc you think I am a trump fan, or because you think trump and pence is the best answer to what's coming our way?

I say that because TrumPence is the only hope at this time. Govt has grown out of control. Fed state local military and contractors number roughly 1/10 of population. The Fed alone sucks up 1 of every 4 dollars yet the "payback" is negligible. They live with 2X pay benefits and retirement. They have run up un-imaginable debt. HRC will grow it more, strangling business and robbing our earnings. Wasting at least 1/2 of it, even massive fraud.

Maybe Trump can shake it up? Cut some of it? I doubt anyone can level the pay and retirement issue but maybe slow it? Quite a racket/game they have setup.

Need to cut, eliminate, consolidate, liquidate govt to bare min. They are the parasite sucking life out of citizens. I don't think anyone realize the number of $10K/mo pensions in play (see CA) +medical for all "family" for life. Many on pension back as consultant double dipping. 1/10 suck up 25%? Too much overhead.