It's not a price chart, so your statement is not correct.
It's GAME OVER... and this chart says it all
- Thread starter short&naked
- Start date
It's not a price chart, so your statement is not correct.
It's not a supply and demand price chart. It's a global growth chart. Since lower lowers and lower highs are being created, it means that the QE injections of the last 3 years, aside from the massive one in the beginning cannot generate growth over the long term. Not only that, each injection had less and less of an impact on the global economy.
We are headed to below 0% again by default, regardless of whether or not the CBs stimulate again. Just a matter of time (and not even that much time).
this is the deall...
" In other words, not only is conventional economics wrong about virtually everything, but the impact of whatever the real underlying story is, certainly not one that can be captured by econometric models which continue to falsely model out what is essentially a system of infinite complexity and soaring fragility, has increasingly diminishing returns.
Also, when we get to the point on the chart above where global growth is at or below zero irrelevant of how much "money" is pumped into the system, that will be the moment to shut the lights out, because it is then that the central planning fat finger which has to date mostly impacted various intraday inflection points in the S&P, will simply press CTRL-P. And not let go."
the money that we are going to have to pay back is actually becoming less and less effective in doing anything for the ecomomy... besides.. this was just a way to fudge all the typical numbers people use to define a depression.. such that people don't panic.. and the market couldn't correct itself on its own.. or at least semi on its own... this all has been used as leverage for bigger goverment if you ask me... we just need a bigger tuning system for our economy right? haha it doesn't take a harvard graduate to see that this all doesn't make alot of sense..
" In other words, not only is conventional economics wrong about virtually everything, but the impact of whatever the real underlying story is, certainly not one that can be captured by econometric models which continue to falsely model out what is essentially a system of infinite complexity and soaring fragility, has increasingly diminishing returns.
Also, when we get to the point on the chart above where global growth is at or below zero irrelevant of how much "money" is pumped into the system, that will be the moment to shut the lights out, because it is then that the central planning fat finger which has to date mostly impacted various intraday inflection points in the S&P, will simply press CTRL-P. And not let go."
the money that we are going to have to pay back is actually becoming less and less effective in doing anything for the ecomomy... besides.. this was just a way to fudge all the typical numbers people use to define a depression.. such that people don't panic.. and the market couldn't correct itself on its own.. or at least semi on its own... this all has been used as leverage for bigger goverment if you ask me... we just need a bigger tuning system for our economy right? haha it doesn't take a harvard graduate to see that this all doesn't make alot of sense..
Forget year on year growth imho for the industrialised economies. Pumping the economies with money steroids just isn't working anymore. Politicians could focus instead on an OPTIMUM economy in the present circumstances. Brazil etc. are taking real jobs out of the industrialised countries by the thousands.
Does the USA really think it can still afford 50+ military bases in Germany ? A "defence" budget bigger than the rest of the world put togethor ? Of course not. It is really painful to come down off that peak of wealth. But it's got to be done. A return to reality is needed. No more cock-ups by Washington. Forget spiderman, batman, superman etc. - they are fictional. Apparently 10% of children think they are real !
Every Empire in history that I can think of suffered from collapse internally and on it's over extended borders. Therefore a good enough reason to OPTIMISE one's position on the planet rather than over extending influence/power or it will collapse all the quicker.If Hillary and co could just get that simple fact understood then the USA & the West would last a lot longer.
No need hopefully to dig out survival shelters in the mountains. Let the BRIC countries compete, the winners are the customers.
General Motors and others have been through this painful patch recently, so it is possible as long as the rich don't over burden the poor imho.
No need hopefully to dig out survival shelters in the mountains. Let the BRIC countries compete, the winners are the customers.
General Motors and others have been through this painful patch recently, so it is possible as long as the rich don't over burden the poor imho.