I will say the comments on here are nothing in comparisons to what people are telling me that are on Facebook. (I don't have an account personally)
Funny thing is people think the world has changed
I will say the comments on here are nothing in comparisons to what people are telling me that are on Facebook. (I don't have an account personally)
Funny thing is people think the world has changed
Originally Posted by baseballplyrmvp
x
Moreover, the quicker the depression that is INEVITABLE comes the less severe it will be (it will be severe all depressions are but there are depressions and there are DEPRESSIONS) and the quicker the recovery can be.
Maybe if you had a candidate that was actually genuine and not a batshit crazy flipflopping fool, you might have had a chance against one of the least liked Democratic presidents EVER (because he's black and America is racist as fuck - think I'm lying? I know for a fact that WV didn't vote for him because he's black because we sure don't have a problem with voting for Democrat governors, mayors, and senate members).
America is a racist piece of shit and you still couldn't beat a black man. Get over yourself and actually do something to FIX this fuckin' country because, if you don't, there won't be an America soon.
THANK YOU G!
Funny how a depression is inevitable yet the country continues to grow jobs and make money.
Moreover, the quicker the depression that is INEVITABLE comes the less severe it will be (it will be severe all depressions are but there are depressions and there are DEPRESSIONS) and the quicker the recovery can be.
MORS posted so I fixed mine. Nevermind here.
Funny how a depression is inevitable yet the country continues to grow jobs and make money.
http://www.cnbc.com/id/49722858
the average salary for families is like $3000 lower than what it was 4 years ago, from like $53k a year to now $50k. its all but certain that it'll continue to drop. unemployment is still incredibly high. you can create millions of jobs, but if you create no incentive for people to go out and get a job, then it doesnt make a difference. ultimately, people are lazy and will always look for the easy way out. if they can continue to mooch off of others, using minimal effort, they will.Funny how a depression is inevitable yet the country continues to grow jobs and make money.
LMAO I'm not surprised you people cannot grasp the INEVITABLE depression that is coming due to the MASSIVE debt that the government and many of our people will NEVER be able to pay off.
Basically we are Greece/Europe but X years (X is an unknown variable of how long the debt crisis will come but it is going to come but it will come within everyone here's lifetime) out from where they are now.
Greece/Europe runs a "socialist"/liberal utopia where the vast majority are totally dependent on the government to live and the government has long taken money from its productive citizens and given it to the losers in the country for votes. They ran massive deficits for YEARS and now the bill is due and they cannot pay it.
Greece can no longer purchase life saving drugs for cancer treatment much less continue the entitlement state and the people are rioting in the streets when the cuts that MUST happen come.
There are 3 options with a potential debt crisis:
#1 Hyper-inflate your way out of the debt (i.e. make the $ worthless and pay the debt off with shitty $)
#2 Default on the payments and thus lose all access to credit from the market
#3 Grow the economy and let the private sector create wealth for the country and thus increase revenues for the government that can be used to pay off the debt
The Democratic party/liberals have taken #3 off of the table so option 1 and option 2 both lead to the same thing a financial collapse and a depression that will take years if not decades to get out of.
Yes stocks are likely to benefit SHORT TERM from the stupid monetary easing of the Obama administration. If you are artificially keeping the price of bonds down to below inflation people must invest in riskier investments (i.e. stocks) in order to protect their capital from losing value to inflation.
However, the debt bill will come due its ONLY a question of WHEN.
Greece has 120% debt to GDP in 2010.
The United States Government currently has a 101% debt to GDP.
Obama's OWN #s indicate the $1,000,000,000,000+ yearly deficits will continue and we will have a $20,000,000,000,000 national debt by 2016.
EVENTUALLY the market will REFUSE to lend American any more money and all the "free stuff" will go away and the economy will collapse.
LMAO down 2% now. Mmmh Mmmh Mmmh Barrack Hussein Obama!
I'll be honest, I've never once cheered for my friends to lose money. Your constant laughing though has me slightly wrapped tight right now and I'm going to just ignore this post.LMAO down 2% now. Mmmh Mmmh Mmmh Barrack Hussein Obama!
Tommy feel free to lock this down at any point. It's clear where CLW stands and where the rest of us stand. Points have been made, some good some bad and it's clear there is no winner in a thread like this.
And this will not bleed into the Anything Thread or anything else.
Gas prices always go up and stock prices always go down after the election, it would have been the same if Romney was elected.
So you are "ignoring" the post by quoting it and posting?
I haven't checked but I'd be SHOCKED if I weren't losing 2%+ of my retirement savings today. It's funny to me b/c the ultimate result is so....... obvious to anyone who reads and thinks but most Americans are busy right now watching The Jersey Shore; Toddlers and Tiaras; Real Housewives; etc...
The vast majority will be STUNNED when this happens but if they had read/watched and learned they could have prepared themselves to absorb the blow as much as possible.
So you are "ignoring" the post by quoting it and posting?
I haven't checked but I'd be SHOCKED if I weren't losing 2%+ of my retirement savings today. It's funny to me b/c the ultimate result is so....... obvious to anyone who reads and thinks but most Americans are busy right now watching The Jersey Shore; Toddlers and Tiaras; Real Housewives; etc...
The vast majority will be STUNNED when this happens but if they had read/watched and learned they could have prepared themselves to absorb the blow as much as possible.
Sorry meant Thread not post, but since you referenced me with a question I will respond.
Executive decision: Thread closed.
Beat me to it
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