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Stimulus Withdrawal

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  • likes, 8 dislikes

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  • Thanks again Peter.

    Always appreciate these blogs of yours.

    Have a great weekend.

  • I agree to a point...

    I believe the statement should read....

    American government living beyond its means has finally caught up to all of us.

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  • Stupid is as stupid does I guess. You need to get an education before you start commenting on YouTube. The US is the WORLDS oil refinery. US/British OIL Companies are reaping the benefits far more than of the other countries on the planet. Once again... what China is doing is called trade... what the US is doing is called a War Crime. But I wouldn't expect you to understand with your mind being so small. Haliburton... KBR... BP.... Exxon/Mobile... nah they haven't made out like bandits in Iraq.

  • I'ld vote for him

  • Every stimulus they push through throws money toward their special interests groups who in turn push some of that same money collectively toward their campains. The money they borrow has interest that they do not have to pay back, the tax payers do, and thats why they like spending the money at the present value as they depreciate it toward the future. It is actually an elementary game once you understand how easy it is to make money off a crisis. People are distracted from whats happening

  • My biggest awakening in the last year is the fact that are monetary system is in and of itself a scam. The system is built on debt and it requires ever increasing debt to function. Likewise the dollar will decline until it collapses. It is what it is. The system requires exponential growth to continue and that is NOT possible. Please everybody watch the movie "Money as Debt" on You Tube

  • Highly doubtful. If anything, Peter was allowed on mainstream news for the purpose of discrediting those who think like he does. Just watch his interviews from 3 years ago, they were laughing at him ! It doesn't get much worse than that.

  • "Stimulating" an economy is like doping a horse: it makes the horse run faster, but it harms the horse. The longer and more intense the doping, the more damage that is done.

    Unfortunately, the damage is difficult to detect—after all, the horse is running great. The damage only becomes obvious when the doping stops—and the horse collapses.

    "Stimulus" is crack to politicians: like doping a horse, it creates the ILLUSION of prosperity, and that's enough to fool most voters.

  • And, it's the begging of the month, a reversal time.

    Nice base with a pull back, the first one. Nice Bounce. 5 year on yahoo finance GLD

    Houston - We have lift off!

  • you do a great service for america,thank you.they didn't want to listen to you because they were making to much money,their still making money.

  • So stimulus can = Steriods (for the economy of course) then couldn't this play out just like all the sports players that took steroids (don't want to name anyone) come later and say "yea we were using steriods" but still we have our trophies and stuff?

    Thanks again sir. You educate me a whole lot.

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