Q3 results: Economy growing? Yeah, right...

[gfreakj]

Great video.Good explanation of what everything means. You make the info more digestable to me.

[TheLegalImmigrant05]

Hah :) Maybe I should take on the unemployment numbers too

[apocolypse11]

Jew

[TheLegalImmigrant05]

I beg your pardon???

[hylo1111]

@TheLegalImmigrant05 What people don't realize that there are ways to enjoy the system.Families realy dont support one another any more.I have always beleived family first.I have 3 sets under 1 roof.Since I carry the mortgage I charge rent.Bills are split 3 ways.We all make 65G+ and because of this we are able to consume more than an average family.When I sold my first house I bought a car cash and invested the rest.The second house will be ready to be sold in 2 yrs.Not bad for a dumb metis

[TheLegalImmigrant05]

I guess people can learn to enjoy life under almost any circumstances. That doesn't make the "system" good or right or just, or necessary.

I am not sure I understand the point you are trying to make.

[hylo1111]

@TheLegalImmigrant05 is that any system?

[TheLegalImmigrant05]

sorry, don't understand the question

[hylo1111]

A capitalist system can be enjoyed by anyone if that person is able to adapt to circumstances. Though a capitalist system may not be good, right, just or necessary.Same can be said for a socialist system or what ever.

[TheLegalImmigrant05]

And your point is??

[hylo1111]

Point is is that people don't need the government to make them succsessful.If an idiot like me can pay for own schooling without grants or loans, land a carear and do well, change careers and do better and make over180 000 in realstate investments and blah blah blah in 4 years anyone can do it.I started out with ziltch zero nada.Wait till I start my own business, its comming bro

[TheLegalImmigrant05]

I agree 1000%. People don't need the government to make them successful.

What kind of business are you thinking about going into?

[hylo1111]

In about 2 to 3 years once I acheive full certification in water and waste water then I want to go consulting.With the increasing pressure from reglatory agencies to make safe drinking water, and have the least possible impact on the environment with waste water.This is a relative open field and sky is the limit.Membrane technology and UV lighting will be the norm in a few years.Just damn expensive at the moment.

[TheLegalImmigrant05]

Cool. Good luck with that!!

[hylo1111]

@apocolypse11 whitey lol

[VonHOG]

They don't "print money". They monetize debt. Yeah, it's pretty much the same thing, but the only way to print money is to continue spending. I only say this because it makes people think that Uncle Sam just prints money prints money prints money and increases the supply without any means to decrease it.

[MrBankRuns]

When the Fed does "Quantitative Easing" it means the fed is Buying the debt. Which means they are just printing money.

[rockandrock44]

No, they don't print money.

Now they just type numbers into a computer to inflate.

[VonHOG]

Closer to what is actually done but still misleading and postulates the idea that someone just goes "doodeedoo magic money".

[rockandrock44]

That's pretty much it. I mean, 'money' is just numbers now.

It's called inflation.

[bstock21]

good video man. very informative

[IWashMyOwnBrain]

The fed wants us all in debt to them.