Why are they so far ahead of us?
Why must we go through this Communistic/Socialistic phase first.. before people wake up?
"A smart man learns from his mistakes. A wise man learns from mistakes of others"..
Is there a hidden bubble growing?
- Thread starter gastropod
- Start date
Why are they so far ahead of us?
Why must we go through this Communistic/Socialistic phase first.. before people wake up?
"A smart man learns from his mistakes. A wise man learns from mistakes of others"..
over fee'd accounts = huge profits
fewer charge-off's = reporting larger (anticipated) profits
fewer services and free accounts = higher fees, begets supposedly higher profits
fewer lendings, raising of interest rates on existing accounts, more late fees = higher profits
hmmm, accounting tricks that push others into default, and move them from one balance sheet column into another that is not registered on the profit and loss statements...
classic definition of a bubble....
It is a bubble for sure, propped by stimulus monies (taxpayer monies), companies cost cutting (read: firing people) and weak dollar (increases revenues from abroad). All of them are not sustainable
look, bubbles happen on capitalism. HOWEVER, A BUBBLE CREATED BY THE FED WITH OUR MONEY is really, really stupid. The thing "feels good" for many Americans that have portfolio, but when this bursts (and it is going to burst), we will be worse off than when we started.
It is still time to control this bubble, by propping the dollar up, sucking liquidity out of the system, and maybe rise(s) interest rates. let's see in the near future how responsible our fed is
look, bubbles happen on capitalism. HOWEVER, A BUBBLE CREATED BY THE FED WITH OUR MONEY is really, really stupid. The thing "feels good" for many Americans that have portfolio, but when this bursts (and it is going to burst), we will be worse off than when we started.
It is still time to control this bubble, by propping the dollar up, sucking liquidity out of the system, and maybe rise(s) interest rates. let's see in the near future how responsible our fed is
Why bother to look? We should already have observed.
The Fed has debased the $USD by a factor of about 100:1 since its inception in 1913.
What different should we hope for or expect?
And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. (Revelation 13: 16â17)
S&P low was 666
S&P low was 666
I guess that is the SCARIEST thing to me - what is the "tell" (if you are a poker fan") or the sign or the "pivot point" or whatever you may want to call it that indicates, "Get the hell out - she's gonna (sic) blow!!!!!" I guess you can "play" gold/silver physical/stocks/ETFs for now, but when do you say, "OK, "F" this sh!t - I am heading to my mountain retreat - you guys can fight for scraps - I am outta (sic) here!"
-gastropod
too much alex jones and too few IQ leads to this kind of distorted and immature conclusions.
i suppose you prefer to have a deflationary environment, isn't it?
ohh my, what a fool.