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Offlinestarfire_xes
I Am 'They'
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Registered: 10/24/09
Posts: 21,590
Loc: Dallas with all the assho...
Last seen: 7 months, 2 days
The stock market called the FED's bluff....
    #22182142 - 09/03/15 09:07 AM (8 years, 4 months ago)

The stock market is going into super tank mode without the FED running the printing presses.  The FED mentioned interest rates increase, and look what happens.

But this is exactly what economists--except morons like Paul Krugman--said will happen.  The gravy train is coming to the end, and unless the FED monetizes the debt even more, the US economy is going down in flames.  Its too late for responsible government spending, and sound fiscal and monetary policy--we are seeing the end game of the last 40 or 50 years of shitty government policy.

I'm just hoping that it goes full tank on Obama's watch.  Can you IMAGINE THE NEXT PRESIDENT HAVING TO CLEAN UP THE MESS OBAMA MADE? :smirk:

Oh, Im sorry,  it's all Bushes fault, right?  And the answer:  Break out the credit cards and spend more, we are broke!
:highfive::lolsy:


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InvisibleStonehenge
Alt Center
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Registered: 06/20/04
Posts: 14,850
Loc: S.E.
Re: The stock market called the FED's bluff.... [Re: starfire_xes]
    #22204087 - 09/07/15 07:46 PM (8 years, 4 months ago)

True, and I've been saying the same thing for a while. There will be no interest rate hike, certainly not anything significant. If janet and the fed board goes nuts they might put out a 0.1% rise but I'd bet against even that.

China is tanking and they were the only thing keeping the world afloat. USA can't do it, we are tanking too, Europe is well down the path. The only question is when will the big collapse come? Will it be next week, or around the 28th as some have said, or will the can of worms get kicked a little further down the road before it bursts and all the nastiness comes out?

Stay tuned


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“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

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InvisibleGoblinKing
Trismegistus

Registered: 08/17/15
Posts: 328
Loc: Right where it belongs.
Re: The stock market called the FED's bluff.... [Re: Stonehenge]
    #22205013 - 09/07/15 10:48 PM (8 years, 4 months ago)



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