Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
And here are some startling facts if you haven't been keeping up with debt to GDP in the US...
331 fucking % and people actually believe the US is the most economically strong powerhouse in the world haha
Yea with all that debt....if anyone of us was in this much debt we would be declared bankrupt and totally worthless.....but nope not the US...331% debt to gdp and markets at historical highs...lets see how the bullish spin that one around to be a positive ...
Now, total debt in China – including government, corporate, and household debt – is about 280% of GDP. That’s still a ways off the 331% total-debt-to-GDP in the U.S. But it’s a lot higher than other developing markets.
331 fucking % and people actually believe the US is the most economically strong powerhouse in the world haha
Yea with all that debt....if anyone of us was in this much debt we would be declared bankrupt and totally worthless.....but nope not the US...331% debt to gdp and markets at historical highs...lets see how the bullish spin that one around to be a positive ...
Now, total debt in China – including government, corporate, and household debt – is about 280% of GDP. That’s still a ways off the 331% total-debt-to-GDP in the U.S. But it’s a lot higher than other developing markets.
A never ending race to the bottom.
Sweden’s central bank has taken its main policy rate deeper into negative and uncharted territory, citing growing economic uncertainty and worries about Greece.
In the latest salvo in a global currency war, the Riksbank cut its main interest rate by 10 basis points to minus 0.35 per cent.
Sweden’s central bank has taken its main policy rate deeper into negative and uncharted territory, citing growing economic uncertainty and worries about Greece.
In the latest salvo in a global currency war, the Riksbank cut its main interest rate by 10 basis points to minus 0.35 per cent.
What I don't understand is that if everyone has the some problem, why is it a big deal to our quality of life? OK one day we wake up and say $10 is only worth $1. Our GDP is only 10% of what we thought it was. Debt to GDP is now 30%. But everything is still the same -- creditors will complain blah blah, but are we really worse off? Same farm land, technology, factories etc.
Unless this becomes easy to understand, why can't it go to 400% or 500% or 10000%? And if you add social security, maybe it is already there. If there is no limit, why bother complaining, as it is not relevant to the market -- why not complain about margin debt or something that actually affect us "elite traders"?
I wish they would investigate this Greek mouthpiece that's keeps issuing these new proposals, causing the markets to surge up and down. But they won't because it will lead right back to the big banks who are likely profiting in a massive way form this. Just think if you knew last Friday that the mouthpiece was going to issue a referendum. Sure would be easy pickings. How do you think the big banks are so profitable.