Precisely.
Great analogy.
Why the death of the dollar is greatly exaggerated.
- Thread starter xenix
- Start date
Precisely.
Great analogy.
Every socialist journalist (and economist) in the world have been expecting the fall of the USD since nixon took the dollar out of the brentwood pact.
it's like humans anticipating death. You wait long enough, it will happen. "omg look he's getting older, balder, fatter! he's going to die (age 32)"
But really, you think there's still massive growth here in America? Where? Only growth i see is the massive amounts of fucking weeds sprouting up in my garden.
-High energy price
-Falling REAL wages
-HUGE unemployment rates
-Massive fiscal stimulus will ruin growth, not improve it in the medium term (higher taxes etc rapage on middle class)
Oh ya, no one has money? Savings rate? You know the savings rate is calculate inclusive of paying off debt? LOL @ investment (debt repayment != savings != investment != GDP Growth) being apart of the GDP formula. Close your fucking intermediate Macro economics text book son
lol exaggerated?
Look at what happened to Britain when they bailed out the banks that were failing with taxpayer money. Now look at America and times what's happened in Britain by 9 trillion or so.
If anything the death of the dollar is actually being too kind an estimate. Nerdy metaphor but it's like you guys have built yourselves around a megaton bomb ( Fallout reference anyone?
) and are impatient and bickering about when it's going to explode rather than actually looking to fix it.
Look at what happened to Britain when they bailed out the banks that were failing with taxpayer money. Now look at America and times what's happened in Britain by 9 trillion or so.
If anything the death of the dollar is actually being too kind an estimate. Nerdy metaphor but it's like you guys have built yourselves around a megaton bomb ( Fallout reference anyone?
) and are impatient and bickering about when it's going to explode rather than actually looking to fix it.Please post a screenshot of your USD short position. Certainly you have positioned yourself accordingly in order to take advantage of this no-brainer risk-free trade!Quote from Lethn:
lol exaggerated?
Look at what happened to Britain when they bailed out the banks that were failing with taxpayer money. Now look at America and times what's happened in Britain by 9 trillion or so.
If anything the death of the dollar is actually being too kind an estimate. Nerdy metaphor but it's like you guys have built yourselves around a megaton bomb ( Fallout reference anyone?
Quote from matgallis:
it's like humans anticipating death. You wait long enough, it will happen. "omg look he's getting older, balder, fatter! he's going to die (age 32)"
But really, you think there's still massive growth here in America? Where? Only growth i see is the massive amounts of fucking weeds sprouting up in my garden.
-High energy price
-Falling REAL wages
-HUGE unemployment rates
-Massive fiscal stimulus will ruin growth, not improve it in the medium term (higher taxes etc rapage on middle class)
Oh ya, no one has money? Savings rate? You know the savings rate is calculate inclusive of paying off debt? LOL @ investment (debt repayment != savings != investment != GDP Growth) being apart of the GDP formula. Close your fucking intermediate Macro economics text book son
Only fools and stupid bulls believe there is still massive growth in america, where future growth is going to come from is beyond me, they could spend trillions to get out of this credit crisis but what will that prove to anyone in the long run.
Quote from Lethn:
If anything the death of the dollar is actually being too kind an estimate. Nerdy metaphor but it's like you guys have built yourselves around a megaton bomb ( Fallout reference anyone?
I wish I would have blown those bastards up instead of defusing!
Of course it is beyond you, you can't see into the future can you? The fact of the matter is, nobody knows where future growth will come from but rest assured, it will come! New inventions and technology are always popping up, spurring new growth that nobody saw coming (think television, home computers, and countless other industries).
You will not see the "growth potential" forthcoming until it smacks you in the face.