OK, then let us elite traders practice living below our means, then we can avoid our own debt spiral.
%% Downward direction, dead, like a rock, long term.............................................{edit, like a dead cat bounce; in the unlikely event Musk gets fired+ 100% or 95%of TSLA unsustainable debt[ 191%] gets forgiven,OK scrap metal can be worth pennies on the dollar} LOL
%% LOL; true, MCD does make much more when people use credit cards for for fast food.LOL BUT , MCD has done fine without them: so no. In other word BIG difference between appreciating asset debt + fast food. I haVe bought coffee @ MCD with cash, not credit cards LOL.,
How GE Screwed Over Its Retirees https://www.investmentwatchblog.com/how-ge-screwed-over-its-retirees/ Our Nuts Are in Danger By John Mauldin October 11, 2019 https://www.mauldineconomics.com/frontlinethoughts/our-nuts-are-in-danger comments jack goldman Oct. 13, 11:32 a.m. You miss a simple point John. We transitioned from a real economy making real stuff with real money, gold and silver, to a fake economy making fake stuff (Facebook, Amazon, Netflix, Google, Wall Street) making fake stuff, with fake money, Federal Reserve debt notes after August 15th, 1971. It took $250,000 principal to pay $3,000 per month at 18% interest in 1980 when promises were made. It takes $3,600,000 to pay $3,000 per month in 2010 at 1% interest when promises are due. Who pays the difference? The pensioners retire as multi millionaires. Someone must pay. Who pays? The pensions are 14x more valuable from 1980 to 2010. Who pays the 14x? I don’t want to pay, that’s for sure. It’s the time value of money. Bonds have outperformed stocks by 500% since 1980 due to falling interest rates. Now we have a day of reckoning. Who pays for the promises now that the time value of money and fake computer credits have changed? US Treasury issues real money, gold and silver coins. Federal Reserve issues fake money, debt note money, computer credits, of no real value. Who pays? Dow is down 35% from 1966 to 2019 in real money, ounces of gold. Dow is up 2,500% in fake money, debt notes. The issue is we are now a fake economy using fake money to get fake measurements. Businesses that make real stuff are in real trouble in the fake economy. Fake businesses are doing great. Can Trump fix it? No. We need a reset. We are over valuing the fake because it can be replicated for free and real stuff has to be made in the expensive real world. This is why educated people don’t have children. We will resolve it with a war.
%% LOL; is he drunk or does he have his bond [outpeformed by 500%,LOL]charts upside down ??LOL .GE goofs again, he is most likely right on that GE goofs. GE is down again, all data, + mostly down on 52 weeks chart........................................................................
The hand writing has been on the wall since the late 1980's. 401k were intended for a different social class to begin with. Allowing your retirement to be pooled with low value asset classes and underperforming the SP500. The risk to the plebian consumer classis to be thrown down the volcano "just because" What is John and Jane Doe going to do? The SEC and the DOJ could care less. https://en.m.wikipedia.org/wiki/401(k)
Whitey must pay. And the payment is baby hands. That's why educated people are not having babies. Because the payment is baby hands.
mr overnight from pensions to GE and onward... over toward minute 11:05 seconds zone. Truth Puts Jury in Tears in PP Baby Body Parts Trial https://banned.video/watch?id=5daa14244d87bd0023ac55ce ;lkjsdf;lkjsdf;lkjsad;flkjsd;flkjsf;lkj Word to the wise and the Mac Daddy's out there . . . Is it love or a 'one and done'? Doesn't matter to Physiology, P don't care - Physiology has a job to do. It gets to work while you're having that post coital smoke-and-a-sandwich. Save all concerned all the drama by suitable preps before the deed. - Physiology - the study of the function of living systems - function 1 reproduce the species, whether you like it or not, lol. Nature always bats last. That's how Maury and Jerry get contestants on their "You Are The Father!" shows. . That'd make gramma happy, no? .