What does Bill Gates know about economics ? You can cure debt with more debt. This is done by making the money worthless, therefore the debt becomes worthless.
I think it's very easy to understand, when you have a huge amount of debt, of course, you don't want to pay it as it's too large, at that time, psychologically, you don't care about how large the debt is any more, what you can do next? stop borrowing? pay the debt? keep borrowing? I think the choice is very clear. Which one would you choose if you were the government? Almost no choice left. Plus, they can just print the money to pay the debt. So debt is no debt any more... It's just numbers on the paper. That happens in America because America's debt has become higher than it's nominal GDP. Its debt has grown for about 70% since Obama took the chair of the president.
More free money today, over 320,000 jobs created, whewww, but guess what? Still no talk of raising rates, not even by a 1/4. I bet if the market had a ----321,000 job number they would have an emergency fed meeting to reduce rates immediately after the release of that number, but nope, let's keep rates at 0% even though gdp is above 3% and the unemployment rate now has a 5 handle in front of it. I remember they were supposed to start raiming rates once unemployment fell below 6.5%, that's what BUBBLE ben bernanke said, but we all know his lips quiver when he speaks, I wonder why that is.
7 straight weeks of gains....zero pullback... Stocks and etfs are up anywhere between 15%-100% in 7 weeks or 35 trading days!!! Amazing how many will jump into a stock that's up 30% in 7 weeks but in mid October they were selling that same stock as if it was going to a few dollars!
Vix is under 12....amazing. Zero volatility and only one way: UP No one has ever been in this trading or investing environment before!
Oil down to $65.26 ...dragging down all energy again.... Great jobs number and oil is falling over 2%. Something isn't right... Very strange indeed.
18000 in the next 20 mins... Get your free fucking money right here and right now. Zero risk from now until infinity
There's even more free money shorting the yen. BOJ has been loudly broadcasting to anyone who will listen.