The Long, Cold Winter Ahead (Zero Hedge)

Zero Hedge ^ | 11/22/2015 | Tyler Durden

[citizen]

If you recall, the popular storyline since late last year has been that the U.S. economy is moderately improving while the world’s other major economies – Japan, China, and Europe – are rolling over. The U.S. economy would power through. Moreover, stock prices had achieved a permanently high plateau.

[citizen]

li.quid.i.ty trap
NOUN
1. a position in which the interest rate has dropped to a level where individuals hold cash rather than depositing it and where funds held by banks for lending are low

There’s just too much dang tinkering by the FED and governments in general for a healthy economy, imo. Governments at all levels in too many countries and states.

[MarkL]

And the very ones who are screaming about the income gap are the ones causing it, thanks to monetary policies that undermine savings, efectively forcing all the "new money" being created out of thin air into the stock market, creating both huge wealth, AND a huge bubble.

Those manipulating the monitary policy & markets are the same ones manipulating the masses with their emotions, to hate the wealthy, but more importantly, the real methods of wealth creation!

Mark

[expat_panama]

stocks are still up while the economy is slowing down.

He can say that but stocks are the part of the economy that tells what's going to happen.

[faithhopecharity]

Yes. But those in charge of this game are gaining great wealth and political power by it. If and when it all crashes, they’ll have gotten rich and probably l will be able to keep their greedy mitts on the levers of political power too - by the simple expending of just cranking up their demagogy

[Aquamarine]

Our health insurance premiums went up $650 for the year the same amount of the penalty for not having health insurance, funny how that works. Also went up last year $1000 for the year. Home and vehicle insurance went up quite a bit also. Am spending more than usual for Christmas this year in spite of everything. Will probably wind up getting rid of the landline phone, don’t need it anyway, would be a plus to get rid of all the robo calls.

[citizen]

I gave up my landline several years ago. Didn’t make sense to have it and cell, too.

[Aquamarine]

Live in a rural area where until recently the cell phone could not pick up inside the house. Am with Verizon now which picks up most of the time.

[citizen]

Ah, I see. Good luck w/ your service and internet connection, too.

[CincyRichieRich]

Sometimes insightful
PermaBear

I guess that is a fair assessment of ZH. For my part and looking at world conditions I too have been (and am) bearish since the crash. I simply can’t look at the ZIRP and money printing of central bank’s all over the world as healthy for any economy. The US survives nicely b/c of our reputation of safe haven status.

I think they are kicking the economic can down a road that ends in a cliff.
.......
Ditto , sir...couldn’t agree more if I tried. It’s as if I wrote your post.