- Joined
- Apr 13, 2011
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- 15,910
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- Plano, Texas
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Looks like I'll FINALLY be investing soon.
What the hell makes you think I am from EU? Being entertained by the demise and especially the partisian hatred on display in the USA does not mean someone is pro-EU. In fact, I fully expect the USA and EU to be joined at the hip in the coming free-fall. Y'all are getting exacly what you deserve. opcorn2:Got new for you - Europe is driving this. We go down, you go down.
I dont care who you are or where you are... if the EU and the U.S. go down, the world economy goes down, therefore you go down as I will assume you on the Earth and are not an alien posting from space.What the hell makes you think I am from EU?
I dont care who you are or where you are... if the EU and the U.S. go down, the world economy goes down, therefore you go down as I will assume you on the Earth and are not an alien posting from space.
You will suffer just like everyone else ... :shrug:
The countries I expect to do well after the US and EU fall apart are Russia, India, and Brazil. China is too connected to the US and has too much social instability.
How will they do well when no one will have money to buy their crap products or be running businesses needing outsources call centers?
Wrong again, sweetie. My situatiion is not dependent on a good USA, EU, or even world economy. In fact, the economy tanking will present some great buying opprtunities.I dont care who you are or where you are... if the EU and the U.S. go down, the world economy goes down, therefore you go down as I will assume you on the Earth and are not an alien posting from space.
You will suffer just like everyone else ... :shrug:
As it stands now, the panic in the markets make zero sense... oil AND gold are down considerably last I looked as well as the markets.. and all that because of a made up problem with Italy? I smell a rat.. someone is successfully influencing the markets in a negative way... and as they say... follow the money... who ever made a bundle the last few weeks... there you have your problem.
"Its new iteration refers to growing trade links between emerging markets that Citigroup Inc. economists Willem Buiter and Ebrahim Rahbari predict will power an increase in worldwide trade in goods and services to $149 trillion in 2030 from $37 trillion in 2010. They estimate that China will usurp the U.S. as the world’s biggest trader within four years.
By 2015, they said, commerce between emerging markets will overtake that within advanced economies and by 2030 that between developed and developing nations. The projections may not be met should free trade fail to take hold, Buiter and Rahbari said in a June 22 report."
Brazil Hits China With Tariffs as Potholes Erode New Silk Road - Bloomberg
Wrong again, sweetie. My situatiion is not dependent on a good USA, EU, or even world economy. In fact, the economy tanking will present some great buying opprtunities.
Ahh.. more predictions. I'll pass.
TWO FACED NoBAMA WENT TO CHICAGO FOR A FUND RAISER MINGLING WITH THE RICH CORPORATE JET OWNERS, THE SAME PEOPLE WHO HE PUT DOWN AND COMPLAINED ABOUT, WHILE ALL THESE BAD NEWS IS GOING ON. WHAT A LEADER!!!!
We certainly can borrow more money to do another stimulus. Treasury yields are ridiculously low because there is a huge demand for U.S. debt. Borrow more now -- cut more later. It isn't that complicated.
Looks like I'll FINALLY be investing soon.
No more borrowing man. That ship has left..... and sunk. Like Ive said before many times.... this Country needs heros. And those heros are the wealthy. I dont want to sqeeze them like a tube of toothpaste but now its the only way to save what we have. It wont go on for 10 years, but until these fools in congress get their head on properly, the only way is to cut back and the wealthy to give back. Orrrrr..... we destroy automation and make things by hard thus reviving our manufacturing. Oh..... also kick the Illegals out OR not give them a DIME of funded help.
Yes, as stated, the markets have been falling as a result of the uncertainty over the deal, and now that this horrible deal has been cut, they're falling (in part) as a result of the deal.
Note: I'm NOT saying that this is the only factor, or even the biggest factor. I agree that the biggest factor in recent days has been increased concern over the Euro zone. A close second is concern over the US economy and that has been serioudly impacted by the debt ceiling fiasco.
...we don't have the money to do another stimulus. We've got $14 trillion in debt, we're borrowing over GDP, and half of everything we spend is via borrowing. We cannot afford another $2 trillion or more in money that didn't have much affect the first time it was used.
NEW YORK (CNNMoney) -- U.S. stocks plunged on Tuesday as fears about a weak U.S. economy were enflamed after investors got another disappointing economic report - this time on consumer spending.
So for those who say that we have taken the correct route to righting the economy, how has creating inflation improved consumer spending?
Why did we create inflation? To make sure that Wall Street was profitable and to negate some of our massive debt. How is that working out? How is creating even more debt going to solve any of this?
perhaps we should consider making more things in the states and hiring people to make them.
or hire people to rebuild roads and bridges.
or both. and soon.
Making more things in the states would require a commitment from thousands of corporations to do something that is individually against their best interest, so I don't think that's realistic right now.
TWO FACED NoBAMA WENT TO CHICAGO FOR A FUND RAISER MINGLING WITH THE RICH CORPORATE JET OWNERS, THE SAME PEOPLE WHO HE PUT DOWN AND COMPLAINED ABOUT, WHILE ALL THESE BAD NEWS IS GOING ON. WHAT A LEADER!!!!