No Depression ?? Trillions and Trillions

Joe Biden says no depression. Will he be right?
manoftruth offers perspective down by the river.

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[sal22mazzo]

MOT

Can you explain how you come to the conclusion that the dow should be trading at 25k with a couple of trillion dollar stimulus.

In May of 2007 the wilshire 5000 had a market cap of 15 Trillion.

I do not see how 2 trillion can get it up to 25k Dow.

Please Explain

[manoftruth]

I did not do any calculations to come up with that. I just threw it out there. Prices in dollars don't seem to be super relevant to me anymore, and I believe the dollar will be completely worthless in the not too distant future.

[johntheunique]

The DOW will experience inflation just like everything else. Expect it to go up, but not as fast as the dollar is going down. It appears to the untrained eye to be rising, but it is in actuality falling

[Jacobrester]

@orangedac Oh goodness....The Sky is falling ! Run around and tell everyone to hide in caves and eat rice......do it chicken little !!

Fucking dumbass !!

[orangedac]

@Jacobrester

who cares what they purchase. In the end they are purchasing it on debt. Once that debt comes due, they will print up a ton of currency making all of it worthless.

Then the idiots like you will wake up and realise what a scam it is.

Keep kissing their ass meantime you loser with no life.

[Jacobrester]

@orangedac I just noticed you are from Canada also.....you stupid shit...we are on the verge of a huge Housing bubble and you want to ridicule the USA.......we would be lost without them....they purchase over 70% of everything we make you dumbass

[Jacobrester]

@orangedac The USA is the #1 Exporter of Agricultural Products....#2 Automobile.....#1 Technology......China and India are massively poor.....there are over 1 Billion Poor China men and probably more poor Indians......The USA is far from over

[MobaTalk]

Really? How did they just purchase $200B worth of gold then?

[orangedac]

Why are you so pissed off at India's economic growth & success?

Is it because you doubt your own economic future?

The only thing US is exporting these days are worthless paper promises known as the dollar in exchange for labor & goods from the rest of the world. The scam is now coming undone as the world realise these paper promises are worthless.

The American century is over and it is now the Asian century namely India and China. Put that in your pipe and smoke it you old hag!

[Clarissa2424]

Even as Ahmadinejah has a big mouth and has hatred for Israel and America, I wonder if Ahmadinejah is that DUMB to launch a nuclear weapon, knowing that retaliation would be swift and devasting?

He acts crazy, but I think he is scared and he uses threats to keep America and Israel from attacking him. Little does he know,that these Threats are exactly the excuse needed to enter Iran.

Better for the World to concentrate on Pakistan where suicide Al Queda might get a nuclear device.

[Clarissa2424]

orangedac, India is still an extremely poor country.

Yes, it is EVOLVING, but, still there are so many poor and it cannot take care of it's people.

Daily, the poor people of India, just die in the public streets. There are trucks that come around and pick up the dead as passersby walk around them.

I certainly would not rely on INDIA's economy LOL as present gauge of a great economy.

The US buys a lot of there exports and there are American Corporations inside India promoting it's economy.