@Alphapunk2 Yup. Worst is that it's going to be a slow painful slide rather than a crash. No matter how many times we let the super-wealthy fuck us, we just keep coming back for more. Last time was nut-deep and these Tea Partiers just want more. Corporations have record profits and the best they can come up with is to say it's the government's fault and we should cut taxes on corporations so they can get more profit! And, this makes sense to them!! So, yeah, we're fucked. Get out if you can.
If you really understand economics and the global markets then you will know this day has always been a matter of time since the 2008 crash. A bubble popped, and we blew up a new, bigger one, excpet this time it was governments backing the trends not the banks.
Broke Econimies cant bail out other broke economies. Greece, Spain, Italy, Portugal, just the start. This WILL spread as growth around the world continues to shrink.
This atm however is the actions of investors, the tip of the iceberg.
I wouldn't say we're headed to a depression, but barring any new tech advancements, we're heading toward a short-term recession and long-term stagnation. The problem is a shrinking middle class and a concentration of wealth. Stuff doesn't get bought and sold that way; it gets invested in China and India. And the best we can do is cut spending on the poor and middle class while making the rich richer. So many people fail to see what got us here is a 30-year conservative trend, not a liberal one.
@MoralMoney Morons like you who think they know what they are talking about, BUT HAVE NO CLUE WHATSOEVER is what is wrong with this world!! So you hurl insults and imagine it validate your pathetic point. (typical extreme left or extreme right tactic) Why don't you do us all a favor and pull the gun on yourself. I am almost positive the world would be a better place without you.
@TheBigBigSean Dude, just do go around making shit up and you won't get called out on it. There's no talk of hyperinflation among economists. You don't even know what hyperinflation is or where to get data on inflation. You're just making shit up. Don't do that. You think I'm the problem and you're the one running around just making shit up? And then you tell me I need to shoot myself?! Dude, don't worry about me, worry about this country. With people like you in it, we're fucked!
@TheBigBigSean Dude. Back your shit up? Who's worried about hyperinflation? Who are all these economists? It just shows you've educated by listening to online bullshit. Who are you talking about? Peter Schiff? He's one guy and economists think he's a joke. I know it's boring - but get a real education from a real school!! You'll learn that taxes are at their lowest point since the Great Depression and that you can't balance shit without cutting the big 3: Medicare, Social Security and Military.
@TheBigBigSean You've got to be just messing with me so I'll leave you alone unless you can back up your claims with more than telling me I'm a moron, delusional, etc., etc. Is that how you really think shit works: you make crazy claims and then call everyone delusional if they don't believe you? How can I communicate with you? Wait. I know: YOU'RE A FUCKING CLUELESS LOSER WHO MAKES SHIT UP AND IS HAPPY TO BE PARANOID ABOUT THE WORLD BECAUSE YOUR LIFE IS SHIT. FUCK YOU DIPSHIT!!
@MoralMoney A downgrade in US credit is nothing, right? Only the first time the US hasn't had a AAA rating since 1917. Oh but everything is fine in your world. Wake up you fucking retard, the wool has been pulled over your eyes for too long. You know jack shit other than what your boss tells you to think. Naive dumb fucks like you are what has destroyed the economy. Enjoy your fate.
@TheBigBigSean Oh, hi! Good morning! Yeah the down grade is no bueno, but it's now coincidence that it comes at a time when federal income taxes are at their lowest rates since the Great Depression and we've got the Terrorists Endemic to America (Tea Party) in Congress willing to default on those loans while making it impossible to bring in any revenue to pay our debt. So yeah, why give us AAA when you nut jobs would default on our loans as a matter of principle and ignorance of basic economics.
@MoralMoney Thats about as intelligent as the other comments you left. I kind of figured you IQ was in the low 30s. That's sub-level retardation, does your Mommy wipe your ass as well?
@TheBigBigSean Yes. I admit I'm an idiot. Actually, by now I just feel like a bully on the playground - it's not really my style. Anyway, last word: Just use your common sense: you really think that someone born into wealth and who thinks people born into poverty get what they deserve, is really someone who is going to look out for you and the interests of America? Do you really think self-interest would make a healthy and happy society? Just use some common sense and turn off the internet.
Its done. The whole system is being run by the wrong people. QE programs continue to destroy the dollar. It's everything you've heard before. Most economists have been talking about hyper inflation since 2008. Every email I got the past year said that mid-august of 2011 is when the house of cards comes down. I heard BofA is in a world of hurt right now. They already received bailout funds the first time, is the government going to let them go under? The debt ceiling being raised, sealed our fate
@TheBigBigSean You - "Most economists have been talking about hyper inflation since 2008." WTF? Why do you anti-Fed types just make shit up all the time? Normal people just don't go around making shit up and posting it on youtube. How can you be so passionate about a cause when all you can do is make up lies to support it? It's mind-boggling!
dawn of the fall of america..........
Alphapunk2 7 months ago
@Alphapunk2 Yup. Worst is that it's going to be a slow painful slide rather than a crash. No matter how many times we let the super-wealthy fuck us, we just keep coming back for more. Last time was nut-deep and these Tea Partiers just want more. Corporations have record profits and the best they can come up with is to say it's the government's fault and we should cut taxes on corporations so they can get more profit! And, this makes sense to them!! So, yeah, we're fucked. Get out if you can.
MoralMoney 7 months ago
If you really understand economics and the global markets then you will know this day has always been a matter of time since the 2008 crash. A bubble popped, and we blew up a new, bigger one, excpet this time it was governments backing the trends not the banks.
Broke Econimies cant bail out other broke economies. Greece, Spain, Italy, Portugal, just the start. This WILL spread as growth around the world continues to shrink.
This atm however is the actions of investors, the tip of the iceberg.
moonsugar1 7 months ago
I wouldn't say we're headed to a depression, but barring any new tech advancements, we're heading toward a short-term recession and long-term stagnation. The problem is a shrinking middle class and a concentration of wealth. Stuff doesn't get bought and sold that way; it gets invested in China and India. And the best we can do is cut spending on the poor and middle class while making the rich richer. So many people fail to see what got us here is a 30-year conservative trend, not a liberal one.
MoralMoney 7 months ago
@MoralMoney Morons like you who think they know what they are talking about, BUT HAVE NO CLUE WHATSOEVER is what is wrong with this world!! So you hurl insults and imagine it validate your pathetic point. (typical extreme left or extreme right tactic) Why don't you do us all a favor and pull the gun on yourself. I am almost positive the world would be a better place without you.
TheBigBigSean 7 months ago
@TheBigBigSean Dude, just do go around making shit up and you won't get called out on it. There's no talk of hyperinflation among economists. You don't even know what hyperinflation is or where to get data on inflation. You're just making shit up. Don't do that. You think I'm the problem and you're the one running around just making shit up? And then you tell me I need to shoot myself?! Dude, don't worry about me, worry about this country. With people like you in it, we're fucked!
MoralMoney 7 months ago
@MoralMoney No one is making up stories but you. Liar.
TheBigBigSean 7 months ago
@TheBigBigSean Dude. Back your shit up? Who's worried about hyperinflation? Who are all these economists? It just shows you've educated by listening to online bullshit. Who are you talking about? Peter Schiff? He's one guy and economists think he's a joke. I know it's boring - but get a real education from a real school!! You'll learn that taxes are at their lowest point since the Great Depression and that you can't balance shit without cutting the big 3: Medicare, Social Security and Military.
MoralMoney 7 months ago
@MoralMoney What kind of crack do you smoke to make you so delusional?
TheBigBigSean 7 months ago
@TheBigBigSean You've got to be just messing with me so I'll leave you alone unless you can back up your claims with more than telling me I'm a moron, delusional, etc., etc. Is that how you really think shit works: you make crazy claims and then call everyone delusional if they don't believe you? How can I communicate with you? Wait. I know: YOU'RE A FUCKING CLUELESS LOSER WHO MAKES SHIT UP AND IS HAPPY TO BE PARANOID ABOUT THE WORLD BECAUSE YOUR LIFE IS SHIT. FUCK YOU DIPSHIT!!
MoralMoney 7 months ago
@MoralMoney Are you that stupid?
TheBigBigSean 7 months ago
@TheBigBigSean You are.
MoralMoney 7 months ago
@MoralMoney A downgrade in US credit is nothing, right? Only the first time the US hasn't had a AAA rating since 1917. Oh but everything is fine in your world. Wake up you fucking retard, the wool has been pulled over your eyes for too long. You know jack shit other than what your boss tells you to think. Naive dumb fucks like you are what has destroyed the economy. Enjoy your fate.
TheBigBigSean 7 months ago
@TheBigBigSean Oh, hi! Good morning! Yeah the down grade is no bueno, but it's now coincidence that it comes at a time when federal income taxes are at their lowest rates since the Great Depression and we've got the Terrorists Endemic to America (Tea Party) in Congress willing to default on those loans while making it impossible to bring in any revenue to pay our debt. So yeah, why give us AAA when you nut jobs would default on our loans as a matter of principle and ignorance of basic economics.
MoralMoney 7 months ago
@MoralMoney Are you really that proud of yourself that you can do no wrong?
TheBigBigSean 7 months ago
This has been flagged as spam show
@MoralMoney Do you realize how stupid you sound?
TheBigBigSean 7 months ago
@TheBigBigSean You're stupid. You stupid-head!
MoralMoney 7 months ago
@MoralMoney Thats about as intelligent as the other comments you left. I kind of figured you IQ was in the low 30s. That's sub-level retardation, does your Mommy wipe your ass as well?
TheBigBigSean 7 months ago
@TheBigBigSean Hmm. So where does that put someone who can't figure out when they're being mocked? In the low 20s?
MoralMoney 7 months ago
@MoralMoney So you've admitted you're an idiot. Good for you.
TheBigBigSean 7 months ago
@TheBigBigSean Yes. I admit I'm an idiot. Actually, by now I just feel like a bully on the playground - it's not really my style. Anyway, last word: Just use your common sense: you really think that someone born into wealth and who thinks people born into poverty get what they deserve, is really someone who is going to look out for you and the interests of America? Do you really think self-interest would make a healthy and happy society? Just use some common sense and turn off the internet.
MoralMoney 7 months ago
Its done. The whole system is being run by the wrong people. QE programs continue to destroy the dollar. It's everything you've heard before. Most economists have been talking about hyper inflation since 2008. Every email I got the past year said that mid-august of 2011 is when the house of cards comes down. I heard BofA is in a world of hurt right now. They already received bailout funds the first time, is the government going to let them go under? The debt ceiling being raised, sealed our fate
TheBigBigSean 7 months ago
@TheBigBigSean You - "Most economists have been talking about hyper inflation since 2008." WTF? Why do you anti-Fed types just make shit up all the time? Normal people just don't go around making shit up and posting it on youtube. How can you be so passionate about a cause when all you can do is make up lies to support it? It's mind-boggling!
MoralMoney 7 months ago
Its toast! Why do the supposed "financial experts" take so long to realize the blatantly obvious. This is not new news at all.
seedyoldman 7 months ago