Topic: Measuring the economy
Easttowest72's photo
Fri 11/02/18 01:03 PM
My company closed 14 years ago and I have no contact numbers for my old bosses. 1 is dead but my work history spoke for itself.
Bank robbery with a weapons is a violent crime. If a person like that can get a job bad credit is nothing.

actionlynx's photo
Fri 11/02/18 01:20 PM
So everyone is like you? (just saying it to make a point, not to be read as a personal jab)

That's not how life works. Not everyone has exactly the same experiences and circumstances as you do. In fact, the vast majority of people do not.

On the plus side though, you do show a fair amount of positive thinking on the issue, regardless of disagreements. In all fairness, that should not be overlooked by anyone. It's actually one of the reasons why I have some respect for you. We just disagree, is all.

indianadave4's photo
Sat 12/01/18 09:28 PM
Edited by indianadave4 on Sat 12/01/18 09:38 PM
PARIS (AP) — France's most violent urban riot in more than a decade engulfed some of central Paris on Saturday as "yellow jacket" activists torched cars, smashed windows, looted stores and tagged the Arc de Triomphe with multi-colored graffiti.

Protesters angry about rising taxes and the high cost of living clashed with French riot police, who closed off some of the city's most popular tourist areas and fired tear gas and water cannon as they tried to quell the mayhem in the streets. At least 110 people were injured.

------------------

Thus the success of the European socialist experiment. Add to this the boarder line bankruptcy of the medical insurance programs in France, Germany, Denmark and England.

This present younger generation has not been taught or forgotten the lessons of the Soviet Union. Politicians:

" ... give us your money and we'll (try to) make everyone equal". In reality those who rule are more equal than those who give there money to unfulfillable promises.

But the socialism being put forward by democrat's is quite different than the communist Soviet Union.

Socialism plays on the greed of humanity. Give us more and more. A perfect second example was the old Roman Empire. More and more wanted to live off of the state and eventually Rome fell. Socialism is a failure waiting to find fulfillment.

Politicians wanting more control (republicans and democrats) and people was everything for nothing. Fewer and fewer people are willing to work hard to obtain it when others are given it by the state.

Lyndon Johnson's Great Society was a perfect example.

indianadave4's photo
Sat 12/01/18 11:02 PM
"Whoever controls the media, controls the mind." - Jim Morrison

---------------

... and it sure isn't the President who is in control of the media. Though, at times, it seems he plays their biases against themselves.

msharmony's photo
Sat 12/01/18 11:50 PM
That is true for many who make their life only about the media, instead of reading of facts, and living experiences and discerning the truth between sensationalism and bias, and facts.



indianadave4's photo
Mon 12/03/18 01:15 AM

That is true for many who make their life only about the media, instead of reading of facts, and living experiences and discerning the truth between sensationalism and bias, and facts.





We are all living the facts as we live in today's world.

FACT: Monday, 3, December 2018 4:00am broadcast. AdDay report. USMCA trade agreements with Canada and Mexico have been signed. Mews media are gloomy because the president came through on this deal.

Next deal: CHINA. China is our largest new cold war adversary. They talk friendly with the media but are stealing our technical discoveries and the resell them back at an inflated price. The Chinese will suck close to $3,000,000,000 out of our economy from unfair practices and the democrats look the other way. Obama knew this 6 years ago, made mention of it in a speech but offered ZERO protection to America. Trump is protecting our industries and the liberals think he's terrible.After Trump signed a deal with China he'll next work on the EU. All bad deal sinitiated by Clinton, Bush and Obama.Very poor examples of a president of our nation.

Toodygirl5's photo
Mon 12/03/18 05:28 AM
Edited by Toodygirl5 on Mon 12/03/18 05:31 AM
Anyone that knows the Facts, knows the US economy is better than it had been in Last 8yrs previous administration. Do the research beyond that of the Leftist deceitful lies about Trump.


no photo
Mon 12/03/18 01:46 PM
That's it, want the straight poop on trade, tariffs, anything that involves agriculture? Watch AgDay.

Why do the dems gripe? Because they can't work deals like Trump.

Toodygirl5's photo
Sun 12/09/18 02:45 PM
Edited by Toodygirl5 on Sun 12/09/18 02:49 PM
A man, who was just in Italy said, gas in Paris and other places is over $7. a gallon.
Maybe leftist want that to happen all over the US .

Economy in US is better than it has been in over 4. years



no photo
Mon 12/10/18 02:28 PM
It's the start of the UN's carbon tax. By 2030 they want gas tax at $49 a gallon. I believe, it's time we got our buttsout of the UN. People have been saying that we should, for years. All they're doing is promoting that to happen.

Alexandria Ocrazyo-Cortez is promoting green energy. That nut thinks that wind energy works. Not. Between the costs, maintenance, rent, they don't break even with the silly things. They just aren't that efficient. Besides, people don't want anymore of those wind turbines erected around them. 1096 currently exist in central Indiana. A large group of property owners are fighting zoning laws to stop putting up more.

I'll bet, she'd hate the way I heat my house. I use renewable wood pellet heat. A few around me tried solar panels. Those aren't efficient enough for my part of the country. I see a few around here that have been given up on. Too expensive to fix. A buddy of mine did a study on solar in my area. His verdict-don't bother. 8% sunlight makes it not feasible. I believe him, because he's got a DR. in front of his name, in engineering.

We will get to green energy. Tossing regulations on top of them won't make it come any faster. They have to have a free hand to find it. Funds to support them while they study alternatives. Government has to keep their big fat noses out of their business.

indianadave4's photo
Thu 12/13/18 01:13 AM
Edited by indianadave4 on Thu 12/13/18 01:17 AM
Am watching my favorite program AgDay. China just ordered 2.5 million metric tuns of soybeans and farmers are extremely happy. All due to the presidents new trade deal with China.

Canada, Mexico and now China. Next President Trump will real in the EU. All because he stood up to the bad trade agreements made by Clinton, Bush and Obama, yet the democrat's relentlessly denounce his advances. The big question they won't answer is why? Why do the democrat's want to maintain trade agreements that rob America and only benefit other countries and undermining our economy?

Toodygirl5's photo
Thu 12/13/18 08:32 AM
Edited by Toodygirl5 on Thu 12/13/18 08:33 AM
Libral logic knows nothing of what is Best for this Country. Socialism is what they Push for. That in itself tells you. they have destructive thoughts.

Then they have nerve to criticize Trump.

chris's photo
Thu 12/13/18 09:27 AM

Am watching my favorite program AgDay. China just ordered 2.5 million metric tuns of soybeans and farmers are extremely happy. All due to the presidents new trade deal with China.

Canada, Mexico and now China. Next President Trump will real in the EU. All because he stood up to the bad trade agreements made by Clinton, Bush and Obama, yet the democrat's relentlessly denounce his advances. The big question they won't answer is why? Why do the democrat's want to maintain trade agreements that rob America and only benefit other countries and undermining our economy?


I agree with most of the above, but there is a much bigger problem facing the financial world. >

Our GDP number much like the rest of the world, especially China represents prosperity made possible by debt. As long as the creation of debt is measured in the production of GDP, there is no real economic progress in the USA. Our big problem in that the US$ is the reserve currency.

China has a plan to let the US$ reserve currency build cities to nowhere. They are building massive vertical food growing buildings to nowhere. They are building up a massive military system with the help of the US$'s reserve status.

I hate Trump, but he is the best we got. Everything out there is even worse then Trump. When he said, we are building up China, it is a little to late to say that. We already have. 70% of our imports from China is produced by multinational western corporations. We blame China for what our very own multi corporations are doing in China.

What is coming = > Just look at the Chinese 10 year plan. Their long term plan =
1. Pile up the dollar denominated debt to the west as far as it will go and then default. To me it is a very smart move on their part for that will bankrupt the US$'s reserve status.
2. Force the rural population into the new build big cities in nowhere and force those people to work in the vertical agriculture buildings in nowhere cities already in place.
3. Use gold as trade money without ever having to move it. I very much like this idea. In this way gold becomes a trade currency as a unit of account only in that that is all it is. It will serve as a unit of account for barter. I just love what China did with the latest soybean deal. When you look at the deal it is a barter transaction. Very smart on their part.

Our problem is simply this, our banksters own our government and us, lock stock and barrel. They create credit out of thin air, lend it to us as an IOU and we have to pay it out of our earnings. Our currency has become IOU's, where old IOU's are paid with new and more IOU's. In this way, no dollars can enter into circulation in debt free form. That is our problem. We have the same problem Rome had. The whole world has it, but China has a 10 year to use this money scam scheme for all is worth, and then replace it. We don't, but we can on the individual level.

no photo
Thu 12/13/18 09:43 AM
So poor people are lazy and worthless. Watch out cause lots of poor people are elderly people.

chris's photo
Thu 12/13/18 10:53 AM

So poor people are lazy and worthless. Watch out cause lots of poor people are elderly people.

Not if you are working to save yourself. Only you can do that. It is very simple to create your own credit, loan it to yourself, and make the payments to yourself. That way the first payment makes the second payment and the second payment makes the third payment, and so on until paid.

There is a reason why real US economic earnings remain in a persistent downturn.

The breadth of this decline in economic earnings shows that the majority of U.S. public companies are unable to earn a ROIC greater than their WACC.

Our economic recovery" is an illusion. Yes USA equities have rebounded from 2009 lows, but real earnings have not. By using accounting distortions and account for the weighted average cost of capital (WACC) we remain in a persistent downturn, and it shows on our return on invested capital (ROIC).

To make a long story short, we have been taken over by our fraudulent banking system that uses IOU's as money so called. You can't pay an IOU with an IOU. Our problem is that we are so smart that we don't see how stupid we really are. Big big problem.


IgorFrankensteen's photo
Thu 12/13/18 11:24 AM

Anyone that knows the Facts, knows the US economy is better than it had been in Last 8yrs previous administration. Do the research beyond that of the Leftist deceitful lies about Trump.




Mm, yeah, that's what was being said during the lead up to the 2008 collapse.

The problem is always in WHY the economy appears to be doing well.

For example, during the 1950's, the American economy seemed to be going gangbusters, and people liked to attribute it to how inherently wonderful we are. But in the 1960's and 1970's, that all came apart, because the REASON why the fifties was so good for us, was because the rest of the industrial world had been bombed into dust during WW2. When they finished repairing and rebuilding, twenty years later, American products lost a lot of their exportability, just due to basic normal peacetime competition.

The economy SEEMED to be going great before the 2008 collapse, because there was a TREMENDOUS amount of FAKE WEALTH being traded back and forth, and worse, used as collateral for more loans.

Right now, there SEEMS to be wealth expansion going on, but a lot of it is being fueled by the huge tax cuts, which are not being paid for. That's what made the 1980's expansion seem so good, and also made it collapse.

When REAL wealth is being created, an economy can expand in a sustainable way. When only FAKE wealth is being created, it always falls apart.

actionlynx's photo
Thu 12/13/18 11:52 AM
What I'm reading here today simply reinforces what I've been saying for over 20 years now...

Focus on the debt!

Unchecked debt and constant borrowing offsets real growth. It creates an illusion of prosperity. This debt affects EVERYBODY, from the unemployed up through the billionaires.

Lower debt can mean:

1) Lower taxes.
2) A stronger dollar.
3) Lower rates of inflation.
4) Greater ability to absorb economic crises at the gov't level - such as a recession, depression, or a bailout.

Remember, in our economic system, real growth is the primary counter to inflation. If we don't maintain a proper balance, we are bound to encounter a depression eventually. Even with all the safeguards we have against it, a depression can still happen under the right circumstances.

Personally, I'd like to revert back to the gold standard, and eliminate the credit-based system that we adopted decades ago.

chris's photo
Thu 12/13/18 12:24 PM

What I'm reading here today simply reinforces what I've been saying for over 20 years now...

Focus on the debt!

Unchecked debt and constant borrowing offsets real growth. It creates an illusion of prosperity. This debt affects EVERYBODY, from the unemployed up through the billionaires.

Lower debt can mean:

1) Lower taxes.
2) A stronger dollar.
3) Lower rates of inflation.
4) Greater ability to absorb economic crises at the gov't level - such as a recession, depression, or a bailout.

Remember, in our economic system, real growth is the primary counter to inflation. If we don't maintain a proper balance, we are bound to encounter a depression eventually. Even with all the safeguards we have against it, a depression can still happen under the right circumstances.

Personally, I'd like to revert back to the gold standard, and eliminate the credit-based system that we adopted decades ago.


I agree with the above, but nothing that is good will be done. While the Fed has been engaged in quantitative tightening for over a year now in an attempt to shrink its asset holdings, it still has over $4.1 trillion in bonds on its balance sheet, and as a result of the spike in yields this summer, this massive portfolio suffered losses $66.453 billion in the third quarter alone.

Serves them right for operating such a fraudulent scheme. It is only a matter of time this debt bubble will deflate. From then on cash will talk and credit will walk. What happened in France with the yellow jackets will happen here.

chris's photo
Fri 12/14/18 05:51 AM
Evidence is now clearly showing that global trade tensions are hitting the world’s second-biggest economy as China released data that showed both industrial output and retail sales are falling. China's economy is stalling out, and because of it, the rest of the world is going to suffer collateral damage, as most financial markets are now demonstrating.

The world is entering into another recession because China is going into another recession. We placed tariffs on so called Chinese exports that are really exports from our multinational corporations operating in China. We started this trade war and it will backfire. That is what tariffs always do, create collateral damage.

So what is China going to do? Look at their 10 year program. They saw this coming. They already have build cities to nowhere. They already have build massive vertical agricultural buildings in the cities to nowhere. They are going to move a lot of workers who now work for the multinational corporations into these cities to nowhere and employ them in vertical food growing operations. China is looking inwards to save itself while the world's multinational corporate entities are going to be stuck with massive production facilities they have to scale back production on.

Stock markets have been extremely volatile in the past few weeks, with massive swings in both directions. That is because bulls want to sell high and bears want to buy high to make money on the way down. The volatility will not only continue but it will increase just like it did in 1929. It's a sign of trouble in the economy - trouble that was created by Federal Reserve monetary policy and our multinational corporations exporting our manufacturing base to China.

Lately the financial stocks have been particularly weak. The financials are entering troubled territory for most of the financial entities are bankrupt in the western world. What is that telling you about the overall economy and the overall market? This is a financial market that lives on financialization which is a another word for finacial screwing. We have a financial market bubble made possible by financial screwing called financialization. It's all about thin air credit that most us call cheap money, which is really an IOU. The financials are at the epicenter of this bubble. That is why the financials took so much of a beating in 2008. That's why they had to be bailed out, because they were extending all the credit and they, of course, were the biggest casualties when the credit dried up and the loans went bad and the bubble popped. And that's exactly what is starting to happen now. The only difference between now and 2008 is that this time it the everything bubble that is going down instead of just the real estate bubble like in 2008. We are in the early stages of this bubble popping. Stock market bulls are selling to become stock market bears who are buying high. That is what smart money is doing. Dumb money will just stay in and ride it all the way down.

In the years to come asset prices are going to deflate by about 50%, and the cost for basic needs is going to inflate by about 50%. The trick from here on out is to be long on cash, short on debt, and be self sufficient.

I hope Trump takes Kushner as Chief of Staff. This is going to get interesting.




chris's photo
Fri 12/14/18 06:26 AM
"If the people were to ever find out what we have done, we would be chased down the streets and lynched."
George H. W. Bush

Right now the Bush and Clinton people are in control of the Trump presidency.