The Real Economy

[SuburbanFarmer]

http://www.usdebtclock.org/

[TheReal_ND]

Countdown till what? As long as OPEC still trades in dollars and people buy US bonds it doesn't matter what the debt is. Anyway, we are less shaky than say the Italian banks. Germany was supposed to be bailing them out sometime this year but nothing happened.

[SuburbanFarmer]

Here we go... yield curve inverted, new highs, shitty data, and.......pop.

https://www.zerohedge.com/news/2018-08- ... year-flats

[Speaker to Animals]

Oh, is this the real deal now? It's finally happening for real this time?


It occurs to me that your upbringing in a doomsday cult may have doomed you in life.

[C-Mag]

Here we go... yield curve inverted, new highs, shitty data, and.......pop.

https://www.zerohedge.com/news/2018-08- ... year-flats

Note: ZeroHedge predicted an economic collapse throughout the Obama Admin.

[Speaker to Animals]

This is the real deal, though. This time.

[C-Mag]

This is the real deal, though. This time.

Well, I followed ZeroHedge off and on and I expected a 7 year cycle dip around 2014-2015. Didn't get it.
I do think that the Establishment did everything they could do to prop up BHO economically even after he Nationalized Healthcare and College Education.

[Speaker to Animals]

This is the real deal, though. This time.

Well, I followed ZeroHedge off and on and I expected a 7 year cycle dip around 2014-2015. Didn't get it.
I do think that the Establishment did everything they could do to prop up BHO economically even after he Nationalized Healthcare and College Education.

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.

[Speaker to Animals]

Elites, if they realize they lost the game, will prefer a slow deescalation that allows them to GFTO. A sharp collapse would just destroy everything for them. They'd have nowhere to hide.

Also, a totally collapse of the political environment would deprive them of their ability to maintain power. You can't really buy power. It's an illusion they live under because the army keeps the peace. If the elites collapse this shit, they will lose everything. The natural way of things is for the best commanders to lead, not merchants and hucksters.

[C-Mag]

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.