How many times do I have to repeat that we WILL experience a LOST DECADE just like JAPAN. We will see the economy in a long shaped "L" pattern from now until 2020+. THERE WILL BE NO "V" shaped recovery. They can have as many stimulus plans as they like, it will do NOTHING, the economy has had enormous growth over the last 20 years and they think after this crisis its going to be another setback followed by another few decades of growth. Not happening.
Oh Boy! They're Prepping for a "2nd Stimulus Plan!!!"
- Thread starter ByLoSellHi
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Might be longer than that. The Boomer drag on the economy will continue until most of us have died... 30-40 years?
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Very interesting....
The simple market ratio view....
Previous economy.....$70 Trillion
Current economy.......$40 Trillion
Fed Input...................$12 Trillion debt "bad"
This leaves $28 Trillion to price all products....which is guaranteed
to decline because of tax hikes....
So now there is 28/70's to price all products with no way to make up the difference....
The Fed has two choices.....inflate or restructure....
They have already chosen to inflate.....but this will only further diminish the total economy similar to the $12 Trillion via the Fed ....
Assets that have sustainable contributions and can be booked on balance sheets have to happen....
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The only way out is to restructure....however this has not even been brought to the fore....
Truly a solution would be a 10% state 5% Fed C tax ....no other taxes....
Then all good firms....their talent....their jobs would quickly domicile in the US....
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The next step being a revamp of the financials....
Simply stated new venues....banks would serve localized participation loans.....and the new worldwide direct access exchange would offer all securities with a less than 20 cents per 100 units....The exchange instruments would never be taxed....
The exchange names alone would immediately dwarf the previous $70 Trillion economy.....
And will only happen once we vote every politician out of office and start over with a new Constitutional Convention.
Screw the 2 party system.
They're killing this country.
I'm being quite serious.
New parties; Libertarians front and center.
No cash accepted to fund campaigns, period. Despite what the SCOTUS has rules regarding the constitution and freedom of funding politics, structure a way to make it illegal, without running afoul of stare decisis.
They're killing this country.
I'm being quite serious.
New parties; Libertarians front and center.
No cash accepted to fund campaigns, period. Despite what the SCOTUS has rules regarding the constitution and freedom of funding politics, structure a way to make it illegal, without running afoul of stare decisis.
What is that going to take?
At the '08, election.... Congress's Disapproval rate was 86%... yet 95% of the incumbents were re-elected!
What are we, a bunch of DOPES?
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The two party lobbyist/advertising system has got to go....
Govt. by township for management reasons....
10% state C tax....5% Fed C tax.....no other taxes
Banks...... localized
New Worldwide Direct Access Exchange
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This is the fastest and best way to replentish the numbers....
How about a $200+ Trillion economy.....with 1000% more individual freedom ....and better distribution of wealth....that actually works for everyone in a globalized world ?
There are no comparisons between Japan and US. Japanese can't walk away from US's grand master plan for globe trade. In fact, it is really degrading to US for bring up Japan.
When Japanese try to get contracts for helping Panama canal back in 80s, one phone call from CIA, scared the shit out of Japan. it just shows how pathetic Japanese really are.