|
|
Post by blustnmtn on Oct 22, 2022 11:55:28 GMT
A review of what happens when you own the printing press:
|
|
|
|
Post by walnut on Oct 27, 2022 14:45:23 GMT
|
|
|
|
Post by missouriboy on Oct 28, 2022 21:13:31 GMT
Can you imagine the government trying to run the oil and gas industry?
|
|
|
|
Post by Sigurdur on Oct 28, 2022 21:20:48 GMT
Can you imagine the government trying to run the oil and gas industry?
Nope |
|
|
|
Post by blustnmtn on Oct 28, 2022 23:47:39 GMT
Can you imagine the government trying to run the oil and gas industry?
That’s what communists do. Not sure they can pull that off yet. |
|
steve
Level 2 Rank
Posts: 77
|
Post by steve on Oct 29, 2022 1:48:22 GMT
Can you imagine the government trying to run the oil and gas industry?
I can. It ain't pretty. "Unintentional" consequences snowball in nothing but bad ways. |
|
|
|
Post by gridley on Oct 30, 2022 13:37:49 GMT
Can you imagine the government trying to run the oil and gas industry?
Easily. I have a very clear image of a giant presidential motorcade whizzing past abandoned cars and starving peasants... |
|
|
|
Post by blustnmtn on Oct 30, 2022 19:12:32 GMT
Can you imagine the government trying to run the oil and gas industry?
Easily. I have a very clear image of a giant presidential motorcade whizzing past abandoned cars and starving peasants... Venezuela. |
|
|
|
Post by nonentropic on Oct 30, 2022 19:44:35 GMT
The goal please!
|
|
|
|
Post by Sigurdur on Oct 31, 2022 19:59:15 GMT
|
|
|
|
Post by glennkoks on Nov 1, 2022 18:46:47 GMT
I am almost always wrong but I think after the midterms the market will continue losses. The Plunge Protection Team has been working overtime and have probably done all they can do to keep the market up for as long as they have. The liquidity crisis in treasuries, fuel crisis in Europe, war in Ukraine and currency slides in Europe, China and Japan will take their toll.
Republicans will win big, the markets will sink and the Democrats will blame the Republicans.
|
|
|
|
Post by missouriboy on Nov 3, 2022 19:14:27 GMT
For all of you that deal more in economic issues than I do. Tell me where Zeihan's analysis is off ... if it is. And how this affects investment decisions going forward.
|
|
|
|
Post by glennkoks on Nov 3, 2022 23:24:34 GMT
For all of you that deal more in economic issues than I do. Tell me where Zeihan's analysis is off ... if it is. And how this affects investment decisions going forward.
In my opinion he is correct with declines in population and demographics. He is way off thinking that anyone in power (be it the Fed, or Washington) is concerned about "the next downturn or crisis". It's clear to me the Fed, Washington, the Republican's, the Democrat's, the Libertarians, the Catholic's or the Protestant's are thinking about the "next downturn". Almost nobody even forecasted this downturn. So I fail to believe anyone in power is thinking about "the next" one. |
|
|
|
Post by missouriboy on Nov 5, 2022 23:56:46 GMT
I have a 40-year hobby of following real estate prices in select geographic areas. I don't buy much. I don't sell much. But I pay close attention. Haven't bought anything in the last 3 years, but I sold a residential (near ocean) lot in South Venice Florida last year that I purchased just after the 2009 real estate crash. That worked out really well ... although my timing is not always that good. Property prices have increased at a ridiculous rate over the last 3 years. Even here in COMO, residential prices rose by at least 25%. Property (in my opinion) is way overpriced. It wouldn't break my heart to see interest rates go back toward 10% and stay there for a while. The Federal Government might go broke. They might even have to slash the bloated bureaucracy by a lot (we can only hope). Retirees might once again be able to get a decent return. Property prices would crater ... as would construction (for a while) ... but that too could be a good thing ... unless you just bought a high-priced house (although at a low interest rate) and need to sell. Lumber and other construction materials might become affordable again. Remodels might take up some of the slack. Since banks have been requiring a 20% down payment ever since 2009, they might not be quite as trashed as they were back then. I lived through the high interest rates of the 70s and 80s... and the Alaska property crash of the late 1980s. It wasn't so bad. Real estate agents might actually have to learn a trade.
|
|
|
|
Post by missouriboy on Nov 6, 2022 22:42:58 GMT
Goodbye Motherland? Soon it may be European refugees.
|
|
