Why do you say that?
No, really! Why do you parrot the MSM Machine which is not related to fact?
My bet is that we get back to the Dow 10,000 range and discover that we cannot succeed as a nation with outsourcing manufacturing AND services while importing cheap illegal labor to drive down wages at home. We are in a long period of no real asset growth, just buried inflation. The inflation drops out of assets and into products as it shakes out, and . . . 10 years without real increase in wealth. What have we done as a nation that should increase our wealth? We aren’t making anything or providing services anymore relative to what we were doing.
Now do I know what I’m talking about? Nah. This is gut feel, not analysis.
All these so called free market economy gurus are begging for a rate cut...Go figure...Everything is hunky dorie until the you know what it’s the fan...Then it’s, big brother can you help please and help right away...What a joke...CNBC just had some guy on the trade floor trying to make his point on the importance of a rate cut...He said that it would help the little guy out there who has recently purchased a home/motg...He didn’t seem to what to explain how that would help though...Go figure..The only ones that would benefit from a cut and that is in the short term, would be that of him and his rich buddies at Goldman...
Agreed.
Why do you say that?
No, really! Why do you parrot the MSM Machine which is not related to fact?
We’re manufacturing lots of cash. That counts, right?