There will be a moment when our entire financial system or farce which it really is blows up in a complete disaster. I dont think any idiots fed idiots think the entire ship can go down, but it can
Quote from businessstaxes:
theses bastards in walls street have a direct hotline to Bernanke to print money(quantitative easing) when they are low in cash to support their ponzi scheme in stocks.
as for t-bills ,,,savers are just being ripped off by the fed with 0% interest...reason prices are low or no buyers is people are broke..no jobs. banks are not lending money to people to buy houses,,so how are homes going to increase in price. duh? higher prices less demand economics 101 and bernanke knows this. higher oil prices are bad for the economy...but wall street loves pump and dumps and manipulating markets for profit.
the only thing americans have is the USD,,if the USD becomes worthless is worse than any recession..it will be permanent long term economic decline worse than any temporary unemployement problem. which is normal of boom and bust in the economy and industires and companies..
Quote from gov:
And so, how do you profit? Point 1, even if a Ponzi scheme, then go long with them. I did...
Point 2, I just bought a new house, so clearly mortgages are being written; granted, it was more like the eighties, but not all that bad actually. If you have proof of having the means, you are all set,
and Point 3, this is a conclusion, but you state it as fact. How can you profit with that mindset?
Just food for thought.
Quote from businessstaxes:
iwith oil at $70/barrel and food prices higher etc..what deflation.
home prices are same as 2000 when economy was booming. what deflation.
the only reason these deflation guys want is 0% to hold the market in one piece... there is no deflation for everyday expenses.
incomes are not increasing so why should price of homes homes are dependent on jobsss...as for stocks..people don't need buy stocks. or don't need to own stocks.
the fed is giving wall street a 'free lunch' with 0% interest rates..people who are on fix income or savers in savings accounts getting ripped off by the central bank(wallstreet puppets)
how to profit,,get bernanke bullish speech before he talks..bernanke moves markets by 2% just with his positive low interest print more money speech..