luckychucky

Bust, Bail, Repeat: The U.S. Enters into an Ever-Worsening Cycle

You weak naysayers here have responding with absolutely zero other than some lame name-calling. If you truly believe the substantive content of this article is "negative garbage' then surely you must do better. If the sky isn't falling, here's a dare: chime in about anything, anything at all, which hints at strength in this economy, Refute a point, any point. Do otherwise than any garden variety doofus flamer. My bet: you can't because you have nothing to say.

Soley paid for by borrowing, the US has funded a $3-trillion invasion and occupation (already costing more than WWI in inflation-adjusted terms, and more than 12 years in Vietnam. It's funded by borrowing, since taxes on corporations and the richest Americans were cut down to nil.

The Amnerican economy is producing bupkus in terms of consumer goods, importing everythikng it buys. All paid fo by borrowing.

Take a look at a long-term graph of US housing prices and get a sense of how far this monster could correct. Then take a look at a monthly graph of the SP500 going back a few decades. It's a ginormous double-top formation. It's huge and you can't miss it, like staring up the waterwall of a tsunami.

So, have fun with your grubling and name-calling. It's the best you can come up with, since evidently you can come up with nothing otherwise ot refute the argyments therein. Invest based on your convictions, apparently so inverse to reality. You'll lose, becuase you're...losers.

Then tell me we've hit bottom and are in for a long, sustained economic turnaround. In the interim you'll find me shoring pathetic uptick rallies duinrg our colective freefall off this cliff.