The Real Economy

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Speaker to Animals
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Re: The Real Economy

Post by Speaker to Animals » Tue Aug 21, 2018 12:04 pm

C-Mag wrote:
Tue Aug 21, 2018 12:03 pm
Speaker to Animals wrote:
Tue Aug 21, 2018 11:42 am

If it happens, it won't be like a doomsday event in my opinion. More like a slow decline on the order of the Great Depression and political disillusionment of central governments.

They are actually pretty good at managing these things and rescuing themselves.
I'm uncertain what to expect. We've beaten the historical cycles(for the time being). But the housing market is out of control again, not as bad as '08, but similar. The stock market is very high. On the other hand, we have manufacturing booming in the US again for the first time in 30 years. Those are real jobs, producing real products. Seems to me that makes our economy more resilient.
I think Trump is going to alter the modern world, personally. So while I can tell you what I expect from a collapse, I don't expect a collapse as long as this continues.

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C-Mag
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Re: The Real Economy

Post by C-Mag » Tue Aug 21, 2018 12:12 pm

Speaker to Animals wrote:
Tue Aug 21, 2018 12:04 pm
C-Mag wrote:
Tue Aug 21, 2018 12:03 pm
Speaker to Animals wrote:
Tue Aug 21, 2018 11:42 am

If it happens, it won't be like a doomsday event in my opinion. More like a slow decline on the order of the Great Depression and political disillusionment of central governments.

They are actually pretty good at managing these things and rescuing themselves.
I'm uncertain what to expect. We've beaten the historical cycles(for the time being). But the housing market is out of control again, not as bad as '08, but similar. The stock market is very high. On the other hand, we have manufacturing booming in the US again for the first time in 30 years. Those are real jobs, producing real products. Seems to me that makes our economy more resilient.
I think Trump is going to alter the modern world, personally. So while I can tell you what I expect from a collapse, I don't expect a collapse as long as this continues.
I went through my BroGrump cycle when I expected a collapse. I read and got smart. That's why of all the dystopian fiction I've read I like 299 Days best. Because it is founded on a partial collapse with foreign nations taking shots at our infrastructure through hacking to further weaken us. It's a very realistic view of what could happen IMO.

Right now the Steel Industry in the US is going nuts. Any country with a solid steel industry is hard to stop. China is buckling on tariffs too. As will the Europeans. We dwarf everyone in GDP. We can take hits that other countries just can't.
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Speaker to Animals
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Re: The Real Economy

Post by Speaker to Animals » Tue Aug 21, 2018 12:21 pm

The economy is booming. The steel industry is booming after generations of decline. You wouldn't know it if all you do is read/watch nonsense MSM news, though.

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C-Mag
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Re: The Real Economy

Post by C-Mag » Tue Aug 21, 2018 12:30 pm

Speaker to Animals wrote:
Tue Aug 21, 2018 12:21 pm
The economy is booming. The steel industry is booming after generations of decline. You wouldn't know it if all you do is read/watch nonsense MSM news, though.
Yeah, at the same time you wonder if the Stock Market is over leveraged. I can't make an accurate prediction. All I know is, the only tool the Deep State has at damaging Trump is to crash the economy. But will they do it when they are making bank ?
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Speaker to Animals
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Re: The Real Economy

Post by Speaker to Animals » Tue Aug 21, 2018 12:46 pm

C-Mag wrote:
Tue Aug 21, 2018 12:30 pm
But will they do it when they are making bank ?
No.

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C-Mag
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Re: The Real Economy

Post by C-Mag » Tue Aug 21, 2018 12:54 pm

Speaker to Animals wrote:
Tue Aug 21, 2018 12:46 pm
C-Mag wrote:
Tue Aug 21, 2018 12:30 pm
But will they do it when they are making bank ?
No.
I kind of think not as well. Plus looking at the political situation.
Trump is getting more popular 2 years in. Mueller is struggling to get convictions, even on a guy like Manafort. The Coup D'etat is being exposed faster than a sorority girls titties at mardi gras. And the Trump Revolution is one election away from slamming the door on the establishment.
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SuburbanFarmer
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Re: The Real Economy

Post by SuburbanFarmer » Tue Aug 21, 2018 1:59 pm

You guys seem to think that this is an optional thing, that someone just pulls a lever and starts a crash..

What's happening here is the $20 Trillion of magic money from 2008 is about to come spilling out into the economy. Sure, you can print another $20 Trillion (and they have been), but eventually the wave breaks.

That's determined by the interest rates. Currently, the 10-year bond is over 3%, making it more attractive than stocks. The yield curve is inverted, meaning that it's more attractive to buy short-term over long-term bonds, which means that the interest payments from the government skyrocket.

Inflation is already surging, and Hyper-inflation is just around the corner. Watch it in real-time.
SJWs are a natural consequence of corporatism.

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Speaker to Animals
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Re: The Real Economy

Post by Speaker to Animals » Tue Aug 21, 2018 2:01 pm

So money transitions from stocks to bonds.

The inflation from QE is already here, and most of the bailout cash came from tax receipts, and has been paid back.

They might not avert a stock or bond market crash, especially in state and municipal bonds, but by that I do not mean Crash, with a capital C.

They can also manage Great Depression level stagnation quite easily via the welfare state.

I think you underestimate how much control they actually possess and exactly how rigged this game really is

Also, you are letting actual Russian propaganda freak you out. Ironic.
Last edited by Speaker to Animals on Tue Aug 21, 2018 2:14 pm, edited 2 times in total.

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Martin Hash
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Re: The Real Economy

Post by Martin Hash » Tue Aug 21, 2018 2:04 pm

"Any problem that can be solved by printing imaginary money, will be." - me
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SuburbanFarmer
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Re: The Real Economy

Post by SuburbanFarmer » Tue Aug 21, 2018 2:34 pm

Speaker to Animals wrote:
Tue Aug 21, 2018 2:01 pm
So money transitions from stocks to bonds.

The inflation from QE is already here, and most of the bailout cash came from tax receipts, and has been paid back.

They might not avert a stock or bond market crash, especially in state and municipal bonds, but by that I do not mean Crash, with a capital C.

They can also manage Great Depression level stagnation quite easily via the welfare state.

I think you underestimate how much control they actually possess and exactly how rigged this game really is

Also, you are letting actual Russian propaganda freak you out. Ironic.
I think you vastly overestimate the competence and integrity of these people.

Nothing to argue about really, but just watch it happen.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0