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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.
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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Thomas Jefferson June 1826
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The Federalist Papers, No. 15:
Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.
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.
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.
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.
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.
Booming like the roaring twenties I see.
I expect the next two to be worse.
This ra ra the economy is great $#@! 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 $#@!)
2007-2011 The Great Recession
2012-Present "$#@!'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.
Yeah Friday's sucks but you just gotta believe in America first, then everything else just comes.
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.....
America is back? Did you get that from Porter Stansberry?
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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