Definite bubble... we're going in dry, prepare
You are a paranoid conspiracy theorist
cause for concern, but not something to worry about
Everything is great! Nothing to see here, move along.
Good times or a massive bubble?
I am confused.
US stock market: record highs
market volitility: high
Labor participation: all time low
productivity: down
growth: stagnant
wages: stagnant
home ownership: all time low
banking health: pushing stress test limits, questionable health, negative interest rate bonds in Europe
political tension: high
social tension: high
war status: active on multiple fronts
international stability: middle east in disarray, Europe on the edge of social and economic turmoil and EU fracturing
I wanted to be a Monk, but I never got the chants.
live every day as if it's your last , you really have no control over any of that so don't worry
Originally Posted by redred
I wanted to be a Monk, but I never got the chants.
The "control" you have is to pull your money if you are worried.
RBP (08-22-2016)
not just that... the whole economy. I forgot to include consumer debt: record level.
I wanted to be a Monk, but I never got the chants.
Yeah, it will all come crashing down soon.
RBP (08-22-2016)
Michael Burry, the guy that predicted the last collapse, has been saying repeatedly it's going to happen again, and be inifinitely worse.
What's he investing in? Water and gold.
I already have your name on my butthole...too bad the tattoo artist couldn't spell
Loosermurder my ass..shove it up my ass....both are beautiful terms of endearment
PorkChopSandwiches (08-22-2016), RBP (08-22-2016)
Just announced: WASHINGTON (AP) — US sales of new homes soar 12.4 percent in July to best level since October 2007.
I think we are due for a crash again, but just keep your debts and your head low, your portfolio diversified with good ol' cash available and we should weather through.
Signature created way-back-when by Goofy
Yes, because the lenders are back to easy money (and the fed is keeping interest rates low), since it worked out so well last time
RBP (08-23-2016)
I was going to say the same thing. Home ownership is at historic lows, lowest since the 60's. The loosened market started with credit card offers... regular cards weren't producing so they went back to lots of high interest rate offers that are risky. Then the mortgage lenders started opening up again.
Guess what else is back in full force... credit default swaps. Both in Europe and the US... does any of this sound familiar?
http://www.bloomberg.com/news/articl...r-panic-button
I wanted to be a Monk, but I never got the chants.
PorkChopSandwiches (08-23-2016)
Did you see the big short?
Noilly Pratt (08-24-2016)
I did, yes. And almost finished the book. They are virtually back at the same tactics.
I wanted to be a Monk, but I never got the chants.
Noilly Pratt (08-24-2016), PorkChopSandwiches (08-23-2016)
I know, I knew then, wish I made a billion on that knowledge, I guess this time we should short the market
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