For auto prices, housing prices, and all other big ticket items that usually require financing....they have a long way to go..."down"....
Under what premise would vehicles sell at similar prices to that of 2007,2008 ?
Under what premise would houses sell at similar prices to 2006, 2007 ?
Under what premise would big ticket tangibles sell at 2006,2007 prices ?
..............................................................................................
Thus what does this suggest about earnings both currently, and in the future ?
...........................................................................................
At what multiple do stocks sell when confidence is low as are real earnings ?
..........................................................................................
The supposed excess foreign funds are no longer in excess....
...........................................................................................
The FED has no foreign source to fulfill its future financial demands ....
........................................................................................
Thus what are appropriate auto....housing price levels ?
$15,000 Auto
$100,000 House ????
..........................................................................................
What is the outlook for FED revenues with an increasing progressive rate ? 25% ? 50% ?
......................................................................................
What % of current revenues should be expected in the future ?
......................................................................................
The point being is that the US is at a crossroads....
a) Make government bigger....and thus render the US economy broken for many decades....
b) Make government much smaller....change the tax structure to a 10% consumption tax only....thus enabling the US to have a financial future....albeit the near term left in turmoil....
Under what premise would vehicles sell at similar prices to that of 2007,2008 ?
Under what premise would houses sell at similar prices to 2006, 2007 ?
Under what premise would big ticket tangibles sell at 2006,2007 prices ?
..............................................................................................
Thus what does this suggest about earnings both currently, and in the future ?
...........................................................................................
At what multiple do stocks sell when confidence is low as are real earnings ?
..........................................................................................
The supposed excess foreign funds are no longer in excess....
...........................................................................................
The FED has no foreign source to fulfill its future financial demands ....
........................................................................................
Thus what are appropriate auto....housing price levels ?
$15,000 Auto
$100,000 House ????
..........................................................................................
What is the outlook for FED revenues with an increasing progressive rate ? 25% ? 50% ?
......................................................................................
What % of current revenues should be expected in the future ?
......................................................................................
The point being is that the US is at a crossroads....
a) Make government bigger....and thus render the US economy broken for many decades....
b) Make government much smaller....change the tax structure to a 10% consumption tax only....thus enabling the US to have a financial future....albeit the near term left in turmoil....
