How can it get worse when all they do is prop it up with trillions and trillions and trillions in stimulus. Tell me why they keep throwing QE at the market, Tell me why they are giving years of unemployment to individuals, Tell me why they are keeping rates at historical lows, Tell me why they are driving the 30 year fixed mortgage rate to historical lows, Tell me why they aren't going to start raising rates until 2013 the earliest Tell me why they are coming up with ways to help out millions in foreclosure Tell me why they still continue to bail out Fannie and Freddie with tax payer dollars Tell me why they keep releasing more fucking QE into the economy Tell me why they have to keep on buying morgage backed securities Tell me why they keep pumping trillions trillions and trillions of dollars.... Its all a fucking prop job GDP is only at 2% because of the trillions they are pouring into the economy, this economy cannot do a single thing on its own, thats why our debt is now equal to our GDP......I dont know why this is so hard to comprehend, take those trillions out of the market and stop propping the fuck out of economy and lets see a real economy, lets see a real economy create jobs on its own, this isnt a real economy, this is an economy filled with free hand outs and worthless stimulus....where are the free markets? Show me an economy that will fix these problems on its own terms, show me real growth from a real economy.....all they are doing is creating an even bigger crisis. Keep thinking all this printing is good, because its not. Its become a big fucking joke, thats all it is.
Why are you getting so upset? Really? What is bothering you? Jobless claims just hit a multi-year low, bonds are off to their worst start in years, tech stocks are flying. All the signs point to a recovery that's finally taking off. What exactly is wrong with that? You want the whole world to go to hell in a handbasket? Do you really think if the sky fell the way you've been wanting it to for years that you could get out from under it? I got news from you: you'd be just as crushed as the next guy. Regardless of what you or the rest of the hopeless pikers who agree with you think, the stuff that was done was necessary, and it prevented us from sitting here, three and a half years after the fall of 2008, in an economy that for all intents and purposes would have ceased to function, as it had three and a half years after October 1929. Sittin' around thinking you could get out of a huge financial mess without taking real action didn't work then and it wouldn't have worked now. The evidence is real, it's there, and it will always be there for sane people to look at and draw the correct conclusion from regardless of your sick stupid bullshit.
To keep the hundreds of trillions in derivatives created by the shadow banking system from imploding?.... Pretty neat - print paper, call it a derivative, claim it has some kind of value, and when you can't pay it off, take the money from the real economy (with gov't help - "austerity" ) . It's almost like....counterfeiting....
tell me why the common man has to deal with 11.2% "real" yearly inflation in US? Tell me what the common man does when US dollar gets yanked as worlds reserve currency? Tell me what over 20 trillion out the back door of the fed to banks (US and foreign) will do that is actually good for the US citizens having to deal with sick unemployment rates - you know, the taxpayers backstopping all the fed growing debt?
we might be in some financial war that we don't know about,30-40% are one unemployment check,retirement check from the street,everything you mentioned sounds like the U S during ww2
Do you work in stand up comedy? we saw it for 3 years already 2009, 2010 and 2011 maybe it's time to create something new each spring recovery was taking off in reality everybody understands that economy of growth has ended. It might be some manipulation with numbers but it will not change the fact. there won't be any growth and any recovery ever in US and growth will end very soon even in China We should think about stabilization like Japan - stable population, stable and not growing economy, stable energy consumption,
No, because Wall Street likes it for the same reason dope heads all go clubbing the Tuesday night their unemployment checks come in the mail. Do you seriously not understand this? And btw, you talk about capatalists in the third person as if you're some laughable red nose socialist who hasn't moved to Cuba or Eastern Europe yet.
No, because Wall Street likes it for the same reason dope heads all go clubbing with cocaine and hookers the Tuesday night their bonus checks come in. Look up "Crony Capitalism". I don't know what "capatalists" is....
XLK is doing well because we don't have to manufacture the shit they think up anymore. Now we have slaves in China to do that for us. If the slaves ever rebel, China will look like just one big Haiti. The challenge is finding new slaves. The cheapest way is just to grow them at home. Sort of like a labor Victory Garden. Like you say, we can print whatever they want. You'll know we've arrived when they say, "The job sucks, but the pay is good."
Got it.... Lol! trefoil... great insight... I suppose the bottom line, with your hypothesis (if I can call it that!) is how much we are willing to put up with paying China and the others interest. Oh well, I guess I can't be complaining with all of the great trading on the treasury note future contracts!