- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 10/3/23 at 12:49 pm to Bard
quote:
quote:It’s crazy that we are essentially borrowing from China to pay for Ukraine, I mean it’s been crazy for a while, but there is no longer a point of reference, we are way off the path. Don't fall for that hype. The
Posted on 10/3/23 at 12:55 pm to OccamsStubble
quote:
This scenario already played out in '80/'81 when Reagan had to clean up Carter's mess, and anyone sitting on boatloads of cash were able to get unbelievable rates on their money. Nobody was purchasing 18% real-estate deals back then, the ones that had the money were in cash and cash equivalents...then they struck and deployed/diversified back into hard assets. If you don't understand the mental edge that cash brings to the table in these times, then I don't know what to tell you. Obviously you have to be diversified of course, not saying every single penny has to be in cash.
Back in the 70s&80s there was no where near the levels of credit card debit there is today. And society here and in Europe was more stable and less "diversified".
My first step tp get ready is getting out of the cities...
Posted on 10/3/23 at 1:01 pm to ScottFowler
LINK from zerohedge. cnbc rick santelli says 10 year could go to 13%.
Posted on 10/3/23 at 2:18 pm to OccamsStubble
quote:
OccamsStubble
quote:
quote:It’s crazy that we are essentially borrowing from China to pay for Ukraine, I mean it’s been crazy for a while, but there is no longer a point of reference, we are way off the path. Don't fall for that hype. The
Do you want to try again?
Posted on 10/3/23 at 2:34 pm to stout
He also place some of the blame on Trump.
Posted on 10/3/23 at 2:36 pm to texas tortilla
quote:
cnbc rick santelli says 10 year could go to 13%.
If the 10-year breaks 10% the stock market is going to drop like a rock as more and more investors are going to turn there instead of staying on the market's roller coaster.
Posted on 10/3/23 at 2:37 pm to stout
quote:
There is no soft landing. I said this months ago as has anyone with a brain. The longer they try for the soft landing, the more the middle class gets eaten alive.
What do you recommend people put their money in to protect it?
Posted on 10/3/23 at 2:39 pm to stout
Peter Schiff has predicted 23 of the last 4 Recessions.
Posted on 10/3/23 at 2:44 pm to stout
Peter Navarro would agree with Schiff. Navarro was in rare form this morning on War Room talking about the inevitable and impending financial collapse of the US.
Posted on 10/3/23 at 5:43 pm to stout
Is this why there has been unprecedented institutional buying of houses and property the last few years??? Seems that is the safest place to put money these days.
Posted on 10/3/23 at 8:16 pm to auwaterfowler
2027 projections
Posted on 10/3/23 at 8:26 pm to The Maj
quote:
There is no soft landing.
Oh I agree... The economy has been falsely held together for too long...
quote:
The longer they try for the soft landing, the more the middle class gets eaten alive.
Well, they are trying for a softer landing for themselves and really don't care if the middle class is used to cushion their soft landing...
All the Big Dawgs have already positioned themselves, they are gonna make more on the collapse than on a booming US economy.
Posted on 10/3/23 at 8:47 pm to stout
quote:
10-Year Treasury yields closed just below 4.7%
Over 4.8% right now.
eta-For those that don't know, that big green swath means it's on a pretty big uptrend.
This post was edited on 10/3/23 at 9:12 pm
Posted on 10/3/23 at 9:03 pm to stout
It's called backing yourself into a corner....
Can't fight cause the Fed will be caught in a pincers.
Can't flee because of the politicians addiction to spending with no long term investment goals.
Can't fight cause the Fed will be caught in a pincers.
Can't flee because of the politicians addiction to spending with no long term investment goals.
Posted on 10/3/23 at 9:15 pm to I20goon
quote:
Can't flee because of the politicians addiction to spending with no long term investment goals.
Being in Congress is so profitable for them they'll spend whatever just to keep their seats. No one will make the tough decisions as they know they won't have to deal with the consequences.
Posted on 10/4/23 at 12:22 am to BuckyCheese
4.84% as of 12:21am
Off a high of 4.85%. Will likely be over 5% by the end of the week.
Off a high of 4.85%. Will likely be over 5% by the end of the week.
Posted on 10/4/23 at 12:45 am to Broke
Yep. It’s not inflation just getting a little out in front of an expanding economy. It’s a wholesale increase in the money supply irrespective of GDP and supply side issues creating a massive imbalance.
We are fricked because there isn’t a way to fix it without wrecking a lot of stuff.
We are fricked because there isn’t a way to fix it without wrecking a lot of stuff.
Posted on 10/4/23 at 1:09 am to Burt Orangello
Everything, no matter how complex in its details, boils down to supply and demand … scarcity … not everyone can have everything.
“Printing money” creates an increase in money supply, which increases demand. Low interest rates, etc. equal more available money, which increases demand. (Which is why raising rates is contractionary monetary policy.)
We ALSO have issues on the output/supply side due to supply chain problems and a host of other things (including the increasing cost of capital).
A simplified example:
Everyone is given $100 to buy eggs, but the chickens are broken and aren’t laying many.
The $100 to everyone would already drive up demand (and therefore prices) for eggs. Normally, producers would respond to the higher prices by getting more eggs on the market (to capture those prices), resulting in same demand but more supply (and prices come down).
Now factor in $100 to everyone to buy eggs AND there’s a REDUCTION in egg supply. Big problem.
You enact contractionary monetary policy to check the money supply/demand side, but now the egg supplier can’t afford to borrow money to buy new/better/more chickens.
That’s stagflation in a nutshell. Inflation and output moving in opposite directions. Whatever you do to help/check one side sends the other into a spiral.
The only way out is to break everything. (Volcker the economy…)
“Printing money” creates an increase in money supply, which increases demand. Low interest rates, etc. equal more available money, which increases demand. (Which is why raising rates is contractionary monetary policy.)
We ALSO have issues on the output/supply side due to supply chain problems and a host of other things (including the increasing cost of capital).
A simplified example:
Everyone is given $100 to buy eggs, but the chickens are broken and aren’t laying many.
The $100 to everyone would already drive up demand (and therefore prices) for eggs. Normally, producers would respond to the higher prices by getting more eggs on the market (to capture those prices), resulting in same demand but more supply (and prices come down).
Now factor in $100 to everyone to buy eggs AND there’s a REDUCTION in egg supply. Big problem.
You enact contractionary monetary policy to check the money supply/demand side, but now the egg supplier can’t afford to borrow money to buy new/better/more chickens.
That’s stagflation in a nutshell. Inflation and output moving in opposite directions. Whatever you do to help/check one side sends the other into a spiral.
The only way out is to break everything. (Volcker the economy…)
This post was edited on 10/4/23 at 1:26 am
Posted on 10/4/23 at 1:10 am to stout
First of all what he described isn't a crash. He's using that term for attention.
Secondly, he's historically been wrong a lot.
Secondly, he's historically been wrong a lot.
Page 4 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News