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qman
Stranger

Registered: 12/06/06
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Quote:
Falcon91Wolvrn03 said: No, that's not the situation we have today.
How's credit growth been lately? How's credit growth into the general economy been lately? Where are the capital investments taking place in the US economy?
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luvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
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Quote:
fivepointer said: Orange Drufus thinks Hillary literally poured bleach on her email server.
"“...33,000 emails that she deleted. They’re gone. And not only deleted folks, she bleached. Which somebody said they had never even heard of. In a very expensive fashion, [she] used chemicals so nobody will ever be able to see ‘em. Who does this?”
The program to delete them is named BleachBit. What a moron.
If you think he literally believes Hillary used bleach, perhaps you're calling the wrong person 'moron'.
-------------------- You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers
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Webster10
Up like Trump



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Trump has been trolling idiots in the media since the beginning. People who take him literally all of the time are actually retarded.
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Falcon91Wolvrn03
Stranger



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Re: Trump [Re: qman]
#23597931 - 08/31/16 03:29 PM (7 years, 4 months ago) |
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Quote:
qman said:
Quote:
Falcon91Wolvrn03 said: No, that's not the situation we have today.
How's credit growth been lately? How's credit growth into the general economy been lately?
It's been extremely good.
https://fred.stlouisfed.org/series/BUSLOANSNSA
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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qman
Stranger

Registered: 12/06/06
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Quote:
Falcon91Wolvrn03 said:
Quote:
qman said:
Quote:
Falcon91Wolvrn03 said: No, that's not the situation we have today.
How's credit growth been lately? How's credit growth into the general economy been lately?
It's been extremely good.
https://fred.stlouisfed.org/series/BUSLOANSNSA
It appears that way, but where has the credit growth been going? The financial markets (share buybacks, banks buying bonds), that's not a good sign for the general economy.
When US corporations issued massive amounts of the debt the past 7 years, what did they do with it? Did they make capital investments? NO. Did they buy back shares of their own company? YES.
How are small business loans doing? Not so great.
If it wasn't for students borrowing money for college they can never pay back and auto loans, there would be little credit growth in the US economy.
Edited by qman (08/31/16 03:42 PM)
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Crumist
Stranger


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Re: Trump [Re: qman] 1
#23598134 - 08/31/16 04:37 PM (7 years, 4 months ago) |
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Quote:
qman said:South Korea, Venezuela, and Saudi Arabia are not developed economies.
Either way, NIIP doesn't address the key component, DEBT/GDP ratio. https://en.wikipedia.org/wiki/Debt-to-GDP_ratio
"someone must be the creditor"
https://www.theguardian.com/news/datablog/2011/jul/15/us-debt-how-big-who-owns
Your link is entirely irrelevant to the bit in quotation marks.
And S. Korea is far more developed a nation than you will ever be! 
You also moved the goalposts. You asked for a list of creditor nations that were also developed and I provided the tool to quickly find out for yourself.
-------------------- 'I am all for resources being allocated to the widowed single mother of 3, lost husband over seas fighting for our country. I am for vets getting mental health access and resources following war. I am not for free money cause a woman can't close her legs or some chump with low testosterone no going to work cause "i'm sad."' -finalexplosion Nice knowin ya'll! https://www.shroomery.org/forums/showflat.php/Number/23904704/vc/1#23904704
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Falcon91Wolvrn03
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Re: Trump [Re: qman]
#23598180 - 08/31/16 04:55 PM (7 years, 4 months ago) |
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Quote:
qman said: If it wasn't for students borrowing money for college they can never pay back and auto loans, there would be little credit growth in the US economy.
The St Louis Fed has graphs for everything. What kind of credit growth do you believe isn't rising? It's rising across the board. We're not in a liquidity trap, as you claimed.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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Falcon91Wolvrn03
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Quote:
The Ecstatic said:
Quote:
Falcon91Wolvrn03 said:
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The Ecstatic said: Money is debt 
No, money is not debt. The fractional reserve system allows money to be created as debt, but that money is taken back out of existence when the debt is paid off.
I was being flippant, but I dont think thats entirely true.
You don't think it's true that money is taken out of existence when debt is paid down? It is absolutely true.
Why Money Disappears When Loans Are Repaid
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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akira_akuma
Φύσις κρύπτεσθαι ὕψιστος φιλεῖ


Registered: 08/28/09
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people aren't putting back what they take; and people can keep paying back all they want, not one person is gonna pay back enough.
because the people who can, are far too greed-ridden. they certainly won't do shit, they won't even try and organize anything that won't give them a substantial pay-off, which is besides the fucking point.
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Falcon91Wolvrn03
Stranger



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Quote:
akira_akuma said: people can keep paying back all they want, not one person is gonna pay back enough.
Enough for what???
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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qman
Stranger

Registered: 12/06/06
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Quote:
Falcon91Wolvrn03 said:
Quote:
qman said: If it wasn't for students borrowing money for college they can never pay back and auto loans, there would be little credit growth in the US economy.
The St Louis Fed has graphs for everything. What kind of credit growth do you believe isn't rising? It's rising across the board. We're not in a liquidity trap, as you claimed.
http://www.wsj.com/articles/big-banks-cut-back-on-small-business-1448586637
Small business loans down significantly in recent years, this is the heart of the economic engine.
http://seekingalpha.com/article/3987941-weak-global-credit-growth-keeps-rates-low-risk-assets-risk-period-longer
We are all tied into a global economy and it's not a good story.
http://fortune.com/2016/07/07/bill-gross-low-interest-rates/
"central banks should have realized what is ailing the economy is an overall lack of growth in 'credit' or the expansion of the money supply that comes mostly in the form of increased bank lending. Credit growth which averaged 9% a year since the beginning of this century barely reaches 4% annualized in most quarters now, Gross writes. And why isn't that enough? Well the proof's in the pudding or the annualized GDP numbers both here and abroad."
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akira_akuma
Φύσις κρύπτεσθαι ὕψιστος φιλεῖ


Registered: 08/28/09
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Quote:
Falcon91Wolvrn03 said:
Quote:
akira_akuma said: people can keep paying back all they want, not one person is gonna pay back enough.
Enough for what??? 
to help pay off the debt.
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Enlil
OTD God-King




Registered: 08/16/03
Posts: 65,510
Loc: Uncanny Valley
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WTF are you talking about? The debt is money America, the nation, owes to bondholders, most of which are American Citizens.
He's talking about people paying back their own loans.
-------------------- Censoring opposing views since 2014. Ask an Attorney Fuck the Amish
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Falcon91Wolvrn03
Stranger



Registered: 03/16/05
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Quote:
akira_akuma said:
Quote:
Falcon91Wolvrn03 said:
Quote:
akira_akuma said: people can keep paying back all they want, not one person is gonna pay back enough.
Enough for what??? 
to help pay off the debt.
I think we were talking about the national debt, and the U.S. can collectively pay that down by raising more in taxes than we spend. I don't think politicians are brave enough to do that, but it can be done.
If you're talking about individual debt, that can be paid off as well. If some people can't pay down their own debt, then it is written off as a loss and is no longer debt (beware of your credit rating going down though).
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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Enlil
OTD God-King




Registered: 08/16/03
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Loc: Uncanny Valley
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Last time we raised more in taxes than we spent, the debt still went up.
-------------------- Censoring opposing views since 2014. Ask an Attorney Fuck the Amish
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twighead
mͯó



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Re: Trump [Re: Enlil] 1
#23598440 - 08/31/16 06:15 PM (7 years, 4 months ago) |
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Dat fractaline recursive debt hype is all the rage to worry about these days


Fuck the fuck off little fucking kid don't mess with that bubble

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akira_akuma
Φύσις κρύπτεσθαι ὕψιστος φιλεῖ


Registered: 08/28/09
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Re: Trump [Re: Enlil]
#23598472 - 08/31/16 06:24 PM (7 years, 4 months ago) |
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Quote:
Enlil said: WTF are you talking about? The debt is money America, the nation, owes to bondholders, most of which are American Citizens.
He's talking about people paying back their own loans.
yeah, and? i'm talking debt, in general. no one will pay back their loans, because THEY CAN'T, they won't be able to afford to. is that too complicated for you to understand?
Quote:
Enlil said: Last time we raised more in taxes than we spent, the debt still went up.
what a surprise. because it DOESN'T PAY IT OFF.
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Enlil
OTD God-King




Registered: 08/16/03
Posts: 65,510
Loc: Uncanny Valley
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You're very confused right now.
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Patlal
You ask too many questions


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Re: Trump [Re: Enlil]
#23598478 - 08/31/16 06:26 PM (7 years, 4 months ago) |
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So Trump in Mexico?
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Enlil
OTD God-King




Registered: 08/16/03
Posts: 65,510
Loc: Uncanny Valley
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Re: Trump [Re: Patlal]
#23598482 - 08/31/16 06:27 PM (7 years, 4 months ago) |
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I hope he doesn't drink the water.
-------------------- Censoring opposing views since 2014. Ask an Attorney Fuck the Amish
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