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Post by sigurdur on Jan 12, 2016 0:50:30 GMT
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Post by sigurdur on Jan 12, 2016 18:20:41 GMT
Thanks Sig. It would appear no on else has an interest....why is this not surprising? It is at the point of being almost to scary to contemplate! That is the reason why.
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Post by sigurdur on Jan 12, 2016 18:33:08 GMT
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Post by sigurdur on Jan 14, 2016 17:02:52 GMT
The National Debt has become so large, that the ramifications of reality require one not to think about it.
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Post by sigurdur on Jan 14, 2016 17:13:43 GMT
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Post by sigurdur on Jan 18, 2016 17:34:30 GMT
Yes, may end up being a bit sooner as President Obama will use any spending he can to bolster the US economy prior to the elections.
With this announcement on no coal leases on Federal lands tho, that will further drive the energy sector down.
My old leading economic indicator, wholesale spud prices seems to be working once again. Is really amazing how that has worked in the past, and seems to be working today as well.
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Post by sigurdur on Jan 19, 2016 17:57:35 GMT
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Post by fredzl4dh on Jan 25, 2016 12:16:00 GMT
All i can say is nobody talks about it because everybody is in the same boat to a slightly lesser amount, even little old New Zealand is up to it's ears.I think everybody has given up nobody will ever get paid so it does not matter the world will go into debt forgiveness (read an article about that today somewhere will try and dig it out) it's going to be interesting times.
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Post by sigurdur on Jan 25, 2016 17:14:42 GMT
Yep to the above.
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Post by sigurdur on Jan 26, 2016 17:07:15 GMT
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Post by sigurdur on Jan 28, 2016 21:40:56 GMT
I think the debt will pass 18 trillion, 9 hundred and forty billion by the end of the month. Yes, not a good deal at all!
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Post by sigurdur on Jan 29, 2016 14:15:20 GMT
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Post by sigurdur on Jan 29, 2016 21:40:17 GMT
The USA actually needs this to happen as well. That may be the only thing that encourages banks to lend again. Need to get rid of Dodd/Frank as well. That one is killing small banks. It was written by large banks for that very purpose.
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Post by sigurdur on Jan 30, 2016 1:30:59 GMT
Won't that kill people putting money in banks? Yes it would, but they are dying today anyways. The only ones making out like a bandit have been the ultra wealthy. Only way to stimulate the economy is to somehow direct banks to actually lend, instead of investing in securities. Our stock market today is way over valued using old economic models. Yes, potential future earnings have to be taken into consideration. But P/E ratios in the 40's and higher are totally nuts. The only ones making money on this are the stock churners of large volume trades. Problem is, it isn't real wealth.
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Post by sigurdur on Feb 1, 2016 16:52:40 GMT
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