America's Future Looks Bright

[Jordan]

I negative repd you for your post. Seriously Jordan, your comments are starting to resemble professional sarcasm posters. There is absolutely zero basis for saying the country in general has a bright future ahead of itself (given its current path of projectile). The single biggest problem, that you don't even bother mentioning, is the federal reserve and other central banks. They have taken over the stock, bond, currency markets, and any price signals from them are now meaningless. This is leading to the biggest mis allocation of capital in the history of the world. Interest rates of completely bankrupt states are negative after accounting for inflation and people are bidding up risk assets in search of any yield on capital. This makes all of the markets very prone to crash, as they are not driven by real fundamental supply/demand any more but rather central bank decisions of qe 1..2..3...4...5...n. The real craziness will begin when the ignition of this misallocation (money printing) makes a debt crisis turn into a currency crisis. No one knows when, but this ponzi scheme is coming down whether you like it or not.

Now as far as improving ones self, when has rpforums been filled with people against gaining new skills and marketing ourselves?

You're going to have to come up with a big ol' supply of negative rep because I intend to keep on sharing the good news. Price signals are not meaningless, they point to reality: there's so much cash out there just waiting for the next awesome good and service to buy. There's no debt crisis in the US as everyone is raising money.

The good times are back, jclay2. Sure, our system has its ups and downs, but we're back on the upswing. Why not celebrate?

Is the United States without a single problem? NOOOPE. We have plenty of problems, but we also have opportunities. We have a cheap trained workforce, tons of energy, plenty of liquidity, and healthy levels of investment throughout the United States. A hyperfocus on monetary policy shouldn't blind us from the greenshoots. Don't hate me for sharing the good news; it's always good to have multiple perspectives on every issue.

Here's some +rep to get you in the mindset of thinking positively!

What are you smoking Jordan?

High on good vibes, man.

This is a joke right?

No. Life's good.

I'm one of the happiest people you will ever meet. But not because I see the economic future as anything but a steaming pile of ORMUS

Glad to hear things are good, Acala.

[angelatc]

I can't figure out why you think the price of labor in China is going to rise dramatically. Do you realize how many Chinese people there actually are? No, you can't.

[angelatc]

And bringing 1999 back? That's right before the dot-com bubble popped. Why would we want to go through that again?

Low rates fuel capital investment at home - Booyah! Investment in the United States running at a good level.

- That seems to be trending down.

Businesses have record amounts of cash they'll have to return or invest - This cash will fuel all kinds of economic growth.

Return? Who are they going to return it to? My guess is that they'll sell off any investments they have before the end of the year, then buy back their company stock.

[Nateman15]

Don't feed the trolls.

[oyarde]

Actually , Jan1 , all improvements will stop , I believe and the new decline will start .....

[Marenco]

The Bernank agrees with this

[Republicanguy]

I believe we have hit a plateau in the environment, people, energy resources. So I can't see it getting better unless the problems that most don't want to focus on are not dealt with. How could nobody of taken Hyman Rickover seriously.

[ZenBowman]

Good to see someone who doesn't let politics get in the way of his real life. Kudos OP, and agree.

I've seen people come to this country with nothing, absolutely nothing, and work their ass off at a corner store to make a better life for themselves, regardless of who the President is or what the debt is like. When champions fail, they look within. Losers look for someone to blame.

[oyarde]

I wil be alright , the Country ? not so well ....

[Jordan]

I can't figure out why you think the price of labor in China is going to rise dramatically. Do you realize how many Chinese people there actually are? No, you can't.

Please see China's demographic and geographic problems. Labor force isn't as big as you think.

And bringing 1999 back? That's right before the dot-com bubble popped. Why would we want to go through that again?

- That seems to be trending down.

Return? Who are they going to return it to? My guess is that they'll sell off any investments they have before the end of the year, then buy back their company stock.

Buying back shares is a return of cash to shareholders. I only wish S&P 500 companies would do this! Soon enough!

Capex can't stay high forever. Still, run rate is good. I'm talking about partying like it's 1999 because things are so good.

Don't feed the trolls.

If having a different perspective = trolling, then I'm a troll.

Good to see someone who doesn't let politics get in the way of his real life. Kudos OP, and agree.

I've seen people come to this country with nothing, absolutely nothing, and work their ass off at a corner store to make a better life for themselves, regardless of who the President is or what the debt is like. When champions fail, they look within. Losers look for someone to blame.

I hear you on that. America is the best place in the world to compete, but that means the competition is only getting tougher.