US Economic Update

[Taco]

Here's another dose of reality.

Major Market Event Coming
http://www.businessinsider.com/strong-d ... ike-2015-3

U.S. Economic Data Have Been the World's Most Disappointing
http://www.bloomberg.com/news/articles/ ... -the-world

[OutWest]

Here's another dose of reality.

Major Market Event Coming
http://www.businessinsider.com/strong-d ... ike-2015-3

U.S. Economic Data Have Been the World's Most Disappointing
http://www.bloomberg.com/news/articles/ ... -the-world

If you read the article you will note that they observe the problem may be that expectations were overblown.
These observations are not mirrors of the economy itself
That said, I have been a dollar bull all year, as I have commented here several times. We made enough on the ERO/USD pair to pay off all of our real estate debt in more than one country. This will help a lot in case of a down turn. At this point we have no real estate debt.

[Taco]

The truth is America produces very little that is tangible beyond Big Macs, pharmaceuticals and the occasional overpriced fighter jet that doesn’t function correctly and is filled with Chinese parts. All three will kill you at varying degrees of speed…

Governments operate on the premise that propaganda and threats will always be enough to cow their populaces into compliance and bribes will induce complicity. When lies, bribes and threats no long work, the state unleashes its full pathological powers on dissent. It doesn't matter how much assets you think you own. Its only yours if you can protect it.

[fschmidt]

The economy is no longer relevant to financial markets. Financial markets are now managed by central banks. If a stock market starts to crash, a central bank just prints money to buy stocks and the crash is over. So stock market crashes are no longer possible. The only possible financial events left are currency crashes and precious metal delivery failures. One of these will happen eventually, but it is impossible to say when.

[Taco]

If a stock market starts to crash, a central bank just prints money to buy stocks and the crash is over. So stock market crashes are no longer possible.

I disagree. The only the reason the US stock markets are on a 6 year streak is because the corporate interest rates are at zero. Raising interest rates on an overleveraged economy(like America's) will make the markets drop like a rock. In addition, the markets will react negatively to a world war scenario.

[Moretorque]

Just as Jim Willie said, we are stuck at 0 on rates. I think Rob Kirby is right and the plan is a world war and the Deagle.com population stats are what they really have planned here in the US. They want to flip the tables over with a world war get rid of alot of excess baggage of sheople, then redraw the world maps on the other side and reset the Ponzi game. Quite diabolical......