Good point: For starters look at Warren's classic debt/GDP. We are way overboard, chief. Goners we are, gluttons of the 3rd type. Debt/GDP is a foreteller, not necessarily a market timing tool but it does warn that conditiions are getting riper and riper for the axe to fall. TA then does the timing. Dyin ain't much of a livin, boy! Holy sh*t! From the US govt website Tom, look at this one, Overnight did not think much of it, he has his own reasons, maybe you might discard it too. But it does mean a lot to me as it shows clearly that the excesses and greed of the Great Depression Era are puny compared to that of today. hen ce the massive debt/gdp ratio tht is bound to cripple bigtime
Tom, I have done plenty about it, plenty, plenty, plenty. I have zero debt. I carry absolutely NO debt, not a friggin dime. My girls carry zero debt since I pay all their bills and they follow my rules without question. If they can't affor tobuy something and they really want it, I will treAT THEM TO IT. But they MUST carry no debt to any financial institution. this type of debt is a backbreaker in a DEFLATION which is what's comikng next after this Inflation is over. Health issues, Tom? You cannot even begin to imagine how nice it feels to have zero debt. Stress from financial worry = ZEEEEEEEEEEEEEEEEEEERRRRRRRRROOOOOOOOOOOOOOOOO!!! Its Yuge, Tom
Looky here gambling margy government debt is NOT like your personal debt in your household budget of which you claim to have none. Government cannot be compared to a tiny household budget. You are confused. Two different “modus operandi”.
No Seniior voluptuous, both debts are same conceptually. Same-o, same-o regardless size. For gambling margy its personal debt aka First Dynamic, for govt., its Country aka Group debt aka 3rd Dynamic Underlying principle is the same.
Their eye (i.e. the govt. eye) not be twinklin no more! I'd venture to say that their rear ends have the twinkle as they walk bow-legged to work daily.
Well, you just need the 5 stones. If I had those 5 stones and the glove, I'd snap my fingers and make every one on this forum rich. Even wildchild, who hates me.