Central Banks Fight to Ensure Crisis Tools Become the Norm

Discussion in 'Economics' started by Banjo, Nov 20, 2015.

  1. Nine_Ender

    Nine_Ender

    Why are you telling a Canadian there is no free lunch ? It's your bill to pay not mine, if your American, your taxes will go up. As I clearly stated, Canada had extremely high taxes in the 1980s, I paid for my lunch. Americans in the same age demographic didn't. Canada has no QE at all, our debt to GDP is reasonable, government budgets these days are not like the US at all.

    In fact, Canada is now a pretty popular immigration hot spot for several reasons, one of which is the US no longer has the economic capacity to provide for everyone. Health care costs are going up, taxes are going up, people have to pay for this "lunch". I never said you didn't. What I said is the QE and other monetary programs did what they were intended to do in 2009.

    And again, as I stated in a previous post, if American posters want to doubt their country and expect disasters, feel free, I just believe in the US more then you do. And I have the real life example of having lived through the 1980s forward as a tax payer in Canada and seen that dire economic forecasts were extremely overdone and a boom period resulted in the 1990s. Federal budget surpluses did occur, despite Canada's fairly generous social programs throughout.

    I'm not sure how your constant negativity can possibly have helped your trading, but only you know that result. Look at the SPX performance from 2009-2015, and calculate the percentage gain. If you blew away that number, well, you can justify putting time into trading. If not, you should be questioning your bias.
     
    #21     Nov 23, 2015
  2. Nine_Ender

    Nine_Ender

    You seem to confuse smart, longer term investing with being a "permabull". There is no need to "believe" a bunch a wacky theories, and adjusting exposure to equities is very easy. Trying to insult investors with vaguely worded themes is pointless.
     
    #22     Nov 23, 2015