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Post by glennkoks on Oct 18, 2023 2:06:22 GMT
"Stabilizing" the Chinese economy is like bailing out the Titanic with a five gallon bucket. You can try it and it might buy you a little time....
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Post by Sigurdur on Oct 18, 2023 2:08:59 GMT
One bucket at a time. Don't you see the progress? 😁
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Post by nonentropic on Oct 18, 2023 6:55:47 GMT
Actually the Chinese are more than a bucket or two.
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Post by missouriboy on Oct 27, 2023 0:56:44 GMT
A NEW topically all-inclusive Peter Zeihan interview with Real Vision ... an update of the last one he did with them a couple of years ago. An hour long. It's here so that I can find it again, amongst the 100s of others. The title does not do the breadth of issues justice. It is much more than just World Wars.
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Post by Sigurdur on Oct 27, 2023 1:19:54 GMT
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Post by missouriboy on Oct 28, 2023 23:22:48 GMT
So ... Are we screwed? And how soon? Some discussion in the embeded audio.
Time To Think 'Quadrillions', As There's 'Zero Fiscal Restraint' In D.C.
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Post by missouriboy on Oct 29, 2023 23:58:39 GMT
I LIKE THE IDEA. Let's try it.
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steve
Level 2 Rank
Posts: 77
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Post by steve on Oct 30, 2023 1:42:38 GMT
I like Buffett's idea better than straight term limits. I do think it would need to be an amendment to the Constitution to be safe from legal challenges.
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Post by glennkoks on Oct 30, 2023 13:15:31 GMT
I LIKE THE IDEA. Let's try it.
It will never happen but I love Buffets idea. I have always said that we could put a stop to the endless wars we are in by imposing a mandatory 50% war tax any time X number of troops are stationed in a combat zone for X amount of days. Everyone, including members of Congress pays the tax no exemptions. If a war is truly worth fighting then every citizen of the U.S. needs to have skin in the game. My guess is Vietnam, Iraq and Afghanistan would never have happened or they would have been over and done much, much quicker. |
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Post by walnut on Oct 30, 2023 13:44:06 GMT
I LIKE THE IDEA. Let's try it.
It will never happen but I love Buffets idea. I have always said that we could put a stop to the endless wars we are in by imposing a mandatory 50% war tax any time X number of troops are stationed in a combat zone for X amount of days. Everyone, including members of Congress pays the tax no exemptions. If a war is truly worth fighting then every citizen of the U.S. needs to have skin in the game. My guess is Vietnam, Iraq and Afghanistan would never have happened or they would have been over and done much, much quicker. Think for a minute about how absurd it is that our government is picking winners and involving us in distant wars, when large segments of the population may favor the opposing faction. I tend to support the Palestinian side in this one. They are treating these wars like college football, I agree all politicians should have family skin in the game. |
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Post by glennkoks on Oct 30, 2023 13:50:45 GMT
Back on the Economy the Dow Jones is now down YTD. It is well off the high of 36799 set in early January 2022. Interest rates are much, much higher than they have been in decades. The housing market is really starting to feel the crunch. Despite efforts inflation is still at least twice as high as the Fed mandate of 2%. The bond market does not seem to be doing to well and yet some so called experts are forecasting a "soft landing"?
I don't see how. I'm thinking the odds of a deep recession/depression are at least twice as likely as a "soft landing".
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Post by walnut on Oct 30, 2023 13:56:02 GMT
Back on the Economy the Dow Jones is now down YTD. It is well off the high of 36799 set in early January 2022. Interest rates are much, much higher than they have been in decades. The housing market is really starting to feel the crunch. Despite efforts inflation is still at least twice as high as the Fed mandate of 2%. The bond market does not seem to be doing to well and yet some so called experts are forecasting a "soft landing"? I don't see how. I'm thinking the odds of a deep recession/depression are at least twice as likely as a "soft landing". The market can't really go higher I'm afraid, because of the QE gasoline which fueled it up to these fairly artificially high levels. The economy has to catch up with the stock market at this point, and who knows how long that might take. I'm undecided about whether a recession is actually on the horizon. In my business, it's already been a bad recession for over a year. |
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Post by glennkoks on Oct 30, 2023 14:09:40 GMT
It will never happen but I love Buffets idea. I have always said that we could put a stop to the endless wars we are in by imposing a mandatory 50% war tax any time X number of troops are stationed in a combat zone for X amount of days. Everyone, including members of Congress pays the tax no exemptions. If a war is truly worth fighting then every citizen of the U.S. needs to have skin in the game. My guess is Vietnam, Iraq and Afghanistan would never have happened or they would have been over and done much, much quicker. Think for a minute about how absurd it is that our government is picking winners and involving us in distant wars, when large segments of the population may favor the opposing faction. I tend to support the Palestinian side in this one. They are treating these wars like college football, I agree all politicians should have family skin in the game. I often wonder how much the world changed with a shot fired by Gavrilo Princip that killed Archduke Franz Ferdinand on the 28th of June 1914. Of course it led to WWI which was a black stain on human history but it directly led to WWII, the creation of a Jewish state in the Holy Land and as Eisenhower would warn us in his farewell address the rise of the Military Industrial Complex in the U.S. Since Ike's warning in 1961 we have been in a near constant state of war somewhere with someone. Our leaders in Washington are "treating these wars like college football". If that asshole does not fire that shot millions and millions of people might still be here. We could possibly have avoided WWI, Germany would not have been severely punished by the victors and nobody would listen to a young corporal spewing antisemitic rhetoric in Germany during the 1920's. As for my support in this war? I am completely neutral. As Sigurdur said both sides are evil. I just don't want my taxpayer dollars supporting either side... |
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Post by walnut on Oct 30, 2023 14:17:17 GMT
Think for a minute about how absurd it is that our government is picking winners and involving us in distant wars, when large segments of the population may favor the opposing faction. I tend to support the Palestinian side in this one. They are treating these wars like college football, I agree all politicians should have family skin in the game. I often wonder how much the world changed with a shot fired by Gavrilo Princip that killed Archduke Franz Ferdinand on the 28th of June 1914. Of course it led to WWI which was a black stain on human history but it directly led to WWII, the creation of a Jewish state in the Holy Land and as Eisenhower would warn us in his farewell address the rise of the Military Industrial Complex in the U.S. Since Ike's warning in 1961 we have been in a near constant state of war somewhere with someone. Our leaders in Washington are "treating these wars like college football". As for my support in this war? I am completely neutral. As Sigurdur said both sides are evil. I just don't want my taxpayer dollars supporting either side... For all practical purposes, I am neutral too. But my sympathies are more with the aggrieved Palestinians. And I'm sorry to be "that guy", but at the heart of most modern dysfunction is the Zionist jews. Do you know how many dual citizenship Israeli jews are in top positions in our federal government? Of course not, the jews are also in all of the top positions in our media. The takeover is literally 100% complete. The jews control our government, and as we thought we knew it, our USA no longer exists. |
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Post by missouriboy on Oct 30, 2023 14:43:28 GMT
Back on the Economy the Dow Jones is now down YTD. It is well off the high of 36799 set in early January 2022. Interest rates are much, much higher than they have been in decades. The housing market is really starting to feel the crunch. Despite efforts inflation is still at least twice as high as the Fed mandate of 2%. The bond market does not seem to be doing to well and yet some so called experts are forecasting a "soft landing"? I don't see how. I'm thinking the odds of a deep recession/depression are at least twice as likely as a "soft landing". The market can't really go higher I'm afraid, because of the QE gasoline which fueled it up to these fairly artificially high levels. The economy has to catch up with the stock market at this point, and who knows how long that might take. I'm undecided about whether a recession is actually on the horizon. In my business, it's already been a bad recession for over a year. You can always switch your output.
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