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    Polling 2024

    I wish he had the decency to do exactly that. He's too much of a coward. He'll do something very disruptive, but what?
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    "EVERYONE clamoring for rate cuts at this time... BAD IDEA!

    Treasury Securities are an essential money management tool of the Central Bank, and the interest paid on them is an essential component of these securities. Would you, or any private sector entity including foreign central banks, have any interest in holding these securities if they paid no...
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    Polling 2024

    Trump is a desperate caged animal. Let us not forget he tried to steal the last election, and people died as a result. His best chance of staying out of prison is to get himself elected. If, however, by late September it is all but certain he will eventually go to prison once his appeals to the...
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    Beautiful Charts: buy baby buy!

    You guys let the market go down while I was in California on vacation. (love LA!, What a zoo! Everyone has three cars, a Mercedes, an Escalade, and a Porsche. They drive one and hire people to drive the other two 24/7.) I'm always suspicious of market crazyness that happens during the summer...
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    "EVERYONE clamoring for rate cuts at this time... BAD IDEA!

    We (meaning our U.S.A. government ) haven't accumulated any debt. You have debt. Your government does not. What you are incorrectly calling "debt" is the money left in the private sector economy after taxes.
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    Fake asylum seekers are causing Inflation

    This may be of interest: https://www.forbes.com/advisor/ca/real-estate/foreign-homebuyers-ban/ I think 2Rosy was attempting to be facetious. No nation that has no outstanding debt instruments denominated in a currency it can't print has any real debt. The reason being that it can, in theory...
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    Fake asylum seekers are causing Inflation

    Good. Your post warms my heart. Indeed, we actually cover all our nations deficits (i.e.,Treasury checks that would otherwise "bounce") by printing new money. Then, later, the Treasury auctions off securities in face amounts matching the new money printed and spent into the economy. Thus...
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    Fake asylum seekers are causing Inflation

    How long have you known me?
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    Economic data plunged today

    Thank you. Natural gas may be the best example? The real issue here is whether these deregulation actions led to either reduced consumer prices per unit and/or a reduction in the rate of projected price increase. We naturally assume that if deregulation leads to greater production, the data...
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    Economic data plunged today

    How is it possible to be too negative about someone who attempted to overturn the result of a lawful election and people died and went to jail because of it. How is it possible to be too negative about a president who intentionally failed to seek senate approval of his cabinet members as...
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    Economic data plunged today

    I agree (mostly). But I'd like to see specific examples of relaxing of regulatory constraints that resulted in significant supply increases.* There is another seldom mentioned aspect to this tax-cuts-for-the-rich business. (You scratch my back. I'll scratch yours) When politicians depend on...
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    Economic data plunged today

    The cult followers are a problem, but would there be any had there not been a Trump. I can't escape the belief that puppet master Steve Bannon pulled the strings. Would Trump have won the 2016 election without both Bannon's behind-the-scenes manipulation and Paul Manafort's Russian Connection...
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    Economic data plunged today

    All joking aside, we should all take very seriously the threat Trump still poses. Trump is destined to become a caged wild animal if he becomes convinced that Harris is likely to win. The polls may shift more and more against him, as the contrast between an incoherent, aging Donald Trump and...
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    Economic data plunged today

    I have serious doubt Trump will be able to influence the economy one way or the other from his prison cell at this time next year.
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    Fake asylum seekers are causing Inflation

    This seems a very weak argument that would not hold at all except for a few cities heavily impacted, and those communities will get federal help. The cost, at the margins, to you personally will be pennies. If anything, immigrants who work here legally or illegally will reduce price inflation.
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    Fake asylum seekers are causing Inflation

    Are you dyslexic ? Just wondering, because you've got it backwards. These folks at our Southern border are not there because their countries are kicking them out, they're here because they chose to leave, even knowing how difficult the journey would be. That speaks of their grit and...
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    'S&P 500 is incredibly dangerous': Why Buffett's favorite valuation indicator is a flashing warning

    The question of which comes first is interesting. Is it anticipation of, or is it reaction to corporate peak earnings caused by people and entities running out of credit and deployable funds and/or corporate over-expansion? I tend to think it is reaction rather than anticipation. Peak earning...
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    Kamala is bad for our economy and bad for India (she is Indian )

    Come on now. You're better than this. Have some self respect. Get a life.
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