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Thread: The Next Boom - America is Back

  1. #31
    Moderatorus Emeritus Cowlesy's Avatar
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    Quote Originally Posted by Zippyjuan View Post
    If that velocity picks up (due to increased economic activity circulating money more) the price inflation rate will probably start increasing.
    I agree. Banks don't know what to do with all the cash they have. They certainly don't seem to be lending it with much vigor (and I don't blame them).
    "Your mother's dead, before long I'll be dead, and you...and your brother and your sister and all of her children, all of us dead, all of us..rotting in the ground. It's the family name that lives on. It's all that lives on. Not your personal glory, not your honor, but family." - Tywin Lannister




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  3. #32
    Truth is treason ... Occam's Banana's Avatar
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    Quote Originally Posted by jllundqu View Post
    Somewhere.... Porter Stansbury is laughing.
    Somewhere ... Ludwig von Mises is facepalming.
    quod omnes tangit, ab omnibus approbetur ˇ fiat justitia, ruat caelum ˇ sic semper tyrannis
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  4. #33

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    As I was reading the pages of this thread I thought I was going to come across a well thought out response to Jordan telling him point by point why he is and has always been dead wrong with his predictions of the US economy and where its heading. Didnt find that and im too lazy to write one myself.

  5. #34

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    Quote Originally Posted by gwax23 View Post
    As I was reading the pages of this thread I thought I was going to come across a well thought out response to Jordan telling him point by point why he is and has always been dead wrong with his predictions of the US economy and where its heading. Didnt find that and im too lazy to write one myself.
    Lol, but is it really neccessary?
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    The warnings were simply ignored.

    They were warned by men called the Anti Federalists.

  6. #35
    Contributing Member Henry Rogue's Avatar
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    Quote Originally Posted by gwax23 View Post
    As I was reading the pages of this thread I thought I was going to come across a well thought out response to Jordan telling him point by point why he is and has always been dead wrong with his predictions of the US economy and where its heading. Didnt find that and im too lazy to write one myself.
    I think that's Steven Douglas's specialty and he's probably tired of Jordan's threads.
    Peace.

  7. #36

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    Quote Originally Posted by KingRobbStark View Post
    Venezuela has a large oil reserve too, and as a result the energy cost is very cheap. But guess what. The people are still poor as fuck. Just because the fuel is cheap doesn't make the car any less expensive.
    The American economy is literally nothing like Venezuela.

  8. #37

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    Quote Originally Posted by Cowlesy View Post
    I agree. Banks don't know what to do with all the cash they have. They certainly don't seem to be lending it with much vigor (and I don't blame them).

    They are most certainly lending it, to qualified borrowers. And at cheap rates, too.

    A buy the thesis in the OP. Through no fault of his own, Obama is about to preside over a period of economic growth.

  9. #38

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    Quote Originally Posted by gwax23 View Post
    As I was reading the pages of this thread I thought I was going to come across a well thought out response to Jordan telling him point by point why he is and has always been dead wrong with his predictions of the US economy and where its heading. Didnt find that and im too lazy to write one myself.

    So, where has Jordan been wrong? Can you point me to anything he said that is unsubstantiated?

  10. #39

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    FED Money Printing Boom?

    75,000 pages of IRS Tax Boom?

    Obama's gazillion taxes and fees Boom?

    Artificial Propping up of Banks, Markets and Treasuries Boom?


    Only Boom I see is government/bankster induced: Inflation
    The American Dream, Wake Up People, This is our country! <===click

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  11. #40

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    Quote Originally Posted by gwax23 View Post
    As I was reading the pages of this thread I thought I was going to come across a well thought out response to Jordan telling him point by point why he is and has always been dead wrong with his predictions of the US economy and where its heading. Didnt find that and im too lazy to write one myself.
    You'll die before you see that. Hasn't happened in any thread before. Just rolled eyes, -rep, and conspiracy theories.

  12. #41

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    Quote Originally Posted by KingNothing View Post
    So, where has Jordan been wrong? Can you point me to anything he said that is unsubstantiated?
    http://www.ronpaulforums.com/showthr...=1#post3251996
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  13. #42

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    Quote Originally Posted by Jordan View Post
    You'll die before you see that. Hasn't happened in any thread before. Just rolled eyes, -rep, and conspiracy theories.
    NO NO NEGATIVE REP NO PLEASE. No seriously though this rep thing takes forever to build up dont mess up my game. Im sorry your annoyingly positive and optimistic views about everything from economic trends, the weather, movie reviews (We get it Life of Pi was an emotional tear jerker through and through) to the latest fashion trends, pisses me off so much. I cant help it. Stop farting rainbows. Rainbows dont sell. DOOM AND IMMINENT DESTRUCTION do.

    Quote Originally Posted by Henry Rogue View Post
    I think that's Steven Douglas's specialty and he's probably tired of Jordan's threads.
    Yes him. I remember him. Get him to respond. And fast. I just bought a warehouse of non perishable food rations and 30 or so non functioning Venezuelan life vests (oh those socialists) and Ill be damned if I cant get to use them in the impending implosion.

  14. #43
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    Quote Originally Posted by Jordan View Post
    You'll die before you see that. Hasn't happened in any thread before. Just rolled eyes, -rep, and conspiracy theories.
    I would not neg rep you , roll my eyes , I am just not buying in.

  15. #44
    Contributing Member Henry Rogue's Avatar
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    Quote Originally Posted by oyarde View Post
    I would not neg rep you , roll my eyes , I am just not buying in.
    Same here Jordan. I know keynesians have shown in the past an ability to reinflate bubbles. I have a problem with them destroying future wealth. By the way, what conspiracy theories have people posted in your threads? The only conspiracy I'm convinced of is the one that occurred on Jekyll Island.
    Peace.

  16. #45

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    GDP Shows Surprise Drop for U.S. in Fourth Quarter

    http://www.cnbc.com/id/100419252

    The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus.

    The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles.

    The Commerce Department said Wednesday that the economy contracted at an annual rate of 0.1 percent in the fourth quarter. That's a sharp slowdown from the 3.1 percent growth rate in the July-September quarter.

  17. #46

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    Booming like the roaring twenties I see.

  18. #47
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    I expect the next two to be worse.

  19. #48

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    Quote Originally Posted by RickyJ View Post
    North Dakota apparently is the only state in the union that hasn't gone through the long recession/depression that the rest of the nation is still going through. There is basically full employment there and I am seriously thinking of moving there soon.
    Williston, North Dakota is an oil producing boom town . Be cautious,crime rate is also boomed because it attracted all the rats to the jobs.
    It was too weird to live, and too rare to die - hunter s. thompson .
    ..this is the darkest timeline..

  20. #49

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    This ra ra the economy is great shit is getting tired.

    2000 Dot.com bubble burts
    2002-2006 "The greatest story never told" (because it wasn't a real economic recovery, just housing inflation asshole)
    2007-2011 The Great Recession
    2012-Present "Shit's not so bad, we have some imaginary GDP growth, inflation, and by 28 year old still lives at home and works part time at Friday's, but we're in a solid economic 'recover'"

    Sometime in the future: mega-recession if not depression

    We're watching America collapse. You will never see it as good as the 90s ever again, end of story.

  21. #50

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    Same thing happened in Northern Alberta. Lots of legit working people but a lot of low life losers looking for a quick buck who skyrocket crime in Fort MacMurray and Edmonton.

    Quote Originally Posted by CaptainAmerica View Post
    Williston, North Dakota is an oil producing boom town . Be cautious,crime rate is also boomed because it attracted all the rats to the jobs.
    "Like an army falling, one by one by one" - Linkin Park

  22. #51
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    Quote Originally Posted by loveableteddybear View Post
    This ra ra the economy is great shit is getting tired.

    2000 Dot.com bubble burts
    2002-2006 "The greatest story never told" (because it wasn't a real economic recovery, just housing inflation asshole)
    2007-2011 The Great Recession
    2012-Present "Shit's not so bad, we have some imaginary GDP growth, inflation, and by 28 year old still lives at home and works part time at Friday's, but we're in a solid economic 'recover'"

    Sometime in the future: mega-recession if not depression

    We're watching America collapse. You will never see it as good as the 90s ever again, end of story.
    I only ate @ Friday's once , kind of lousy.

  23. #52

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    Quote Originally Posted by oyarde View Post
    I only ate @ Friday's once , kind of lousy.
    +1

  24. #53

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    Yeah Friday's sucks but you just gotta believe in America first, then everything else just comes.

  25. #54

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    Quote Originally Posted by The Goat View Post
    GDP Shows Surprise Drop for U.S. in Fourth Quarter

    http://www.cnbc.com/id/100419252

    The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus.

    The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles.

    The Commerce Department said Wednesday that the economy contracted at an annual rate of 0.1 percent in the fourth quarter. That's a sharp slowdown from the 3.1 percent growth rate in the July-September quarter.
    Darn. The economy would have grown by 1.2% if it weren't for a $40 billion cut to the military. What is the government thinking?!

  26. #55

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    If military spending is the only thing keeping GDP growth rates positive then we are in big trouble. And we are only talking 40 billion here.....

  27. #56

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    America is back? Did you get that from Porter Stansberry?

  28. #57

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    Quote Originally Posted by Tpoints View Post
    America is back? Did you get that from Porter Stansberry?
    I don't know who that is. He probably got it from me.

  29. #58

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    Quote Originally Posted by Jordan View Post
    I don't know who that is. He probably got it from me.
    jordan are you kidding about the military spending?

    I don't see how you can be a libertarian and feel bullish.

  30. #59

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    Quote Originally Posted by Jordan View Post
    Darn. The economy would have grown by 1.2% if it weren't for a $40 billion cut to the military. What is the government thinking?!
    What the heck is wrong with you. I am with schiffheadbaby, how can you possibly support ron paul? You are against military cuts and keeping the federal reserve.

  31. #60

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    Your link shows a prediction of a short decline in Silver, whereas the next poster on that thread predicted $50-$60 Silver. I'd say Jordan had it more right than anyone else. We all understand how inflation is different and separate from price inflation, but I wish more people would get their head out of the ground with this simplistic view that the economy SIMPLY CAN NOT IMPROVE. Face it, economics works in mysterious ways, and while we can easily understand the vague longterm effects of current policies, predicting the short-term effects and *how long it will last* is another thing. We could easily be about 10 years away from the price inflation everyone is worried about.

    Give Jordan and his well researched views some credit.
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