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the roots of the root problems
- Thread starter Mav88
- Start date
Quote from just21:
So why is the dollar going up then?
Money leaving emerging market equities and bonds, converting back into dollars, thereby selling foreign currencies and buying back into dollars.
Add to that: flight to "quality".
The euro betters and pound betters swapping back into dollars.
As much as the tide washes up it will wash out again.
Ads are promoting that you can have whatever you want..since they represent the most constant tools to influence people..it may have helped created a mood that nothing matter.
"You mean the mortgage market?"
Shoeshine, the chart in the link was all debt public and private. Public debt is at about 100% GDP, all the other is privately held. I put direct gov't responsibility for an increase of 20%, but all the rest is just plain old folks buying things and tapping out the gov't with entitlements.
Shoeshine, the chart in the link was all debt public and private. Public debt is at about 100% GDP, all the other is privately held. I put direct gov't responsibility for an increase of 20%, but all the rest is just plain old folks buying things and tapping out the gov't with entitlements.
Quote from Mecro:
Yawn!
So many clueless geniuses running around searching for the root of the problem when they look at it every single day, several times a day.
The monetary system is doing exactly what it was designed to do.
Mecro I started reading some of your posting history and I respect your views very much, but what the hell is the monatery system, you've used that phrase so often.
And how are people leeching off of it, and how is it doing exactly what it's supposed to do? At best what I understand it to be is some kind of credit cycle that's being manipulated.