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A Trend Has Been Reversed (Read 2706 times)
AiA
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Re: A Trend Has Been Reversed
Reply #30 - Mar 15th, 2021 at 8:09am
 
Mortdooley wrote on Mar 15th, 2021 at 12:50am:
AiA wrote on Mar 15th, 2021 at 12:00am:
Milton Friedman-style economics, the kind that has been dominate in the USA for the last several decades, doesn't work anymore (if it ever worked at all). That is what a few of you don't get. Let me put it to you this way: when "America was great," a different style of capitalism was dominate in America.


Capitalism still works just fine, ]


You are right Mortie, capitalism works just fine, but not the kind that mostly benefits those at the top, you know, the kind that Milton Friedman advocated and the GOP adopted.


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Re: A Trend Has Been Reversed
Reply #31 - Mar 31st, 2021 at 3:00pm
 
aquascoot wrote on Mar 15th, 2021 at 6:39am:
We have nothing like legitimate capitalism in the United states at the moment

Part of legitimate capitalism is that many many people start businesses
and then we expect and even encourage the non-productive businesses to fail.

When bush and Obama refused to allow the badly run Banks to fail at the beginning of the GFC
When they nearly instructed the fed to print money and handed over to the failures

They became in essence no different to the Soviet union

Obama then bailed out the bad car companies

And currently Biden is bailing out all the zombie companies

Some 30% of American companies would collapse if the fed raised interest rates above 0
The fed merely allows the bubble of failure
To inflate more and more as more and more currency is printed
And mailed to unemployed Americans

To spend on produce made in other countries

February of this year revealed the highest imports and biggest trade deficits in the history of the United states

This is obviously a ponzi scheme
And absolutely nothing to do with capitalism

When enough smart people decide the schemas up
the stock market will collapse as I have said we'll occur this year
in fact I will leave in this forum if it does not collapse by at least 20% at some stage this year

And of course all the dummies will blame capitalism for the ensuing pain

They will be wrong of course
It is big government that has inflated this bubble ever since the GFC
Printing pieces of paper with pictures of American presidents
And swapping them with Asian countries for motor vehicles computers iPhones clothing shoes & furniture

Exactly how long do you think such insanity can persist

How long? About 12 months or so.



( the other interviews at https://johnanderson.net.au are also excellent)
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Re: A Trend Has Been Reversed
Reply #32 - Mar 31st, 2021 at 8:33pm
 
Aqua doesn't realize that Depression Era banking reforms were overturned in 1999 and what has been the result? Greater instability. Why were they overturned? To benefit the elite. You see, they profit when things get bad.
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Re: A Trend Has Been Reversed
Reply #33 - Mar 31st, 2021 at 8:41pm
 
aquascoot wrote on Mar 15th, 2021 at 6:39am:
We have nothing like legitimate capitalism in the United states at the moment

Part of legitimate capitalism is that many many people start businesses
and then we expect and even encourage the non-productive businesses to fail.

When bush and Obama refused to allow the badly run Banks to fail at the beginning of the GFC
When they nearly instructed the fed to print money and handed over to the failures

They became in essence no different to the Soviet union

Obama then bailed out the bad car companies

And currently Biden is bailing out all the zombie companies


Some 30% of American companies would collapse if the fed raised interest rates above 0
The fed merely allows the bubble of failure
To inflate more and more as more and more currency is printed
And mailed to unemployed Americans

To spend on produce made in other countries

February of this year revealed the highest imports and biggest trade deficits in the history of the United states

This is obviously a ponzi scheme
And absolutely nothing to do with capitalism

When enough smart people decide the schemas up
the stock market will collapse as I have said we'll occur this year
in fact I will leave in this forum if it does not collapse by at least 20% at some stage this year

And of course all the dummies will blame capitalism for the ensuing pain

They will be wrong of course
It is big government that has inflated this bubble ever since the GFC
Printing pieces of paper with pictures of American presidents
And swapping them with Asian countries for motor vehicles computers iPhones clothing shoes & furniture

Exactly how long do you think such insanity can persist



Unfortunately, I agree with much of this.

I assume you have heard of 'creative destruction'?

We did the wrong thing to 'support' our banks. Totally the wrong thing.
If a coy is to go broke, the sooner the better.
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Mattyfisk
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Re: A Trend Has Been Reversed
Reply #34 - Mar 31st, 2021 at 11:28pm
 
aquascoot wrote on Mar 15th, 2021 at 6:39am:
We have nothing like legitimate capitalism in the United states at the moment

Part of legitimate capitalism is that many many people start businesses
and then we expect and even encourage the non-productive businesses to fail.

When bush and Obama refused to allow the badly run Banks to fail at the beginning of the GFC
When they nearly instructed the fed to print money and handed over to the failures

They became in essence no different to the Soviet union

Obama then bailed out the bad car companies

And currently Biden is bailing out all the zombie companies

Some 30% of American companies would collapse if the fed raised interest rates above 0
The fed merely allows the bubble of failure
To inflate more and more as more and more currency is printed
And mailed to unemployed Americans

To spend on produce made in other countries

February of this year revealed the highest imports and biggest trade deficits in the history of the United states

This is obviously a ponzi scheme
And absolutely nothing to do with capitalism

When enough smart people decide the schemas up
the stock market will collapse as I have said we'll occur this year
in fact I will leave in this forum if it does not collapse by at least 20% at some stage this year

And of course all the dummies will blame capitalism for the ensuing pain

They will be wrong of course
It is big government that has inflated this bubble ever since the GFC
Printing pieces of paper with pictures of American presidents
And swapping them with Asian countries for motor vehicles computers iPhones clothing shoes & furniture

Exactly how long do you think such insanity can persist


Get the big fella to come back from the golf course and whack another trill down.

Either that, or vote 1 Stanley McChrystal 2024.

We will make America great again, no?
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Mattyfisk
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Re: A Trend Has Been Reversed
Reply #35 - Mar 31st, 2021 at 11:35pm
 
Sprintcyclist wrote on Mar 31st, 2021 at 8:41pm:
aquascoot wrote on Mar 15th, 2021 at 6:39am:
We have nothing like legitimate capitalism in the United states at the moment

Part of legitimate capitalism is that many many people start businesses
and then we expect and even encourage the non-productive businesses to fail.

When bush and Obama refused to allow the badly run Banks to fail at the beginning of the GFC
When they nearly instructed the fed to print money and handed over to the failures

They became in essence no different to the Soviet union

Obama then bailed out the bad car companies

And currently Biden is bailing out all the zombie companies


Some 30% of American companies would collapse if the fed raised interest rates above 0
The fed merely allows the bubble of failure
To inflate more and more as more and more currency is printed
And mailed to unemployed Americans

To spend on produce made in other countries

February of this year revealed the highest imports and biggest trade deficits in the history of the United states

This is obviously a ponzi scheme
And absolutely nothing to do with capitalism

When enough smart people decide the schemas up
the stock market will collapse as I have said we'll occur this year
in fact I will leave in this forum if it does not collapse by at least 20% at some stage this year

And of course all the dummies will blame capitalism for the ensuing pain

They will be wrong of course
It is big government that has inflated this bubble ever since the GFC
Printing pieces of paper with pictures of American presidents
And swapping them with Asian countries for motor vehicles computers iPhones clothing shoes & furniture

Exactly how long do you think such insanity can persist



Unfortunately, I agree with much of this.

I assume you have heard of 'creative destruction'?

We did the wrong thing to 'support' our banks. Totally the wrong thing.
If a coy is to go broke, the sooner the better.


That's why you voted 1, Mr Trump, no?

Not you personally, Sprint, you just wished he was running in NZ, so he could stop Mexican murderers, rapists, they bring in drugs and some, I assume, are good people.

Some, I assume, have heard of 'creative destruction'.

You?
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aquascoot
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Re: A Trend Has Been Reversed
Reply #36 - Apr 1st, 2021 at 5:39am
 
AiA wrote on Mar 31st, 2021 at 8:33pm:
Aqua doesn't realize that Depression Era banking reforms were overturned in 1999 and what has been the result? Greater instability. Why were they overturned? To benefit the elite. You see, they profit when things get bad.



what have i been saying about the "runny nose' virus since day 1 ?

the fake crisis is totally to BENEFIT THE RICH.

house prices at record levels as "stimulus money" is printed.
who own houses?


the rich.

facebook, google, apple, amazon  , netflix stocks up 100 %.

stock market at record highs.

who owns stocks

the rich.


the fake woke lefties at google and facebook and twitter and amazon who all turn their pages black in honour of george fllyod and sack anyone who isnt woke on woke topics are just "signalling their woke virue" so that the dumb lefties dont come after their cash.

google can send every employee for racial bias training (they did) and seem so progressive but that costs pennies.

coming after their obscene theft and monetisation of data would upset them.

the left, thru money printing (trump and scomo are just as bad though) and thru demolishing small business (resturants and shops) whilst allowing maccas and wlamart and bunnings to operate without competition have ushered in a massive transfer of wealth to the rich.

and not letting banks and zombie companies fail is a taxpayer gaurantee on the wealth of the rich.

it is NOT capitalism.

it is BIG GOVERNMENT

and the word for big government is SOCIALISM.

and yet, when the crash comes they will call for BIGGER GOVERNMENT to stop the GREEDY CAPITALISTS.

you have been conned
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Mattyfisk
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Re: A Trend Has Been Reversed
Reply #37 - Apr 1st, 2021 at 9:23am
 
I say, Aquascoot, are you suggesting Scomo should subsidize small business to take on Maccas and Wlamart (sic) and Bunnings?

I'm curious. I'm keen to hear your alternative to monopoly capitalism.
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Mortdooley
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Re: A Trend Has Been Reversed
Reply #38 - Apr 1st, 2021 at 10:58pm
 
aquascoot wrote on Apr 1st, 2021 at 5:39am:
AiA wrote on Mar 31st, 2021 at 8:33pm:
Aqua doesn't realize that Depression Era banking reforms were overturned in 1999 and what has been the result? Greater instability. Why were they overturned? To benefit the elite. You see, they profit when things get bad.



what have i been saying about the "runny nose' virus since day 1 ?

the fake crisis is totally to BENEFIT THE RICH.

house prices at record levels as "stimulus money" is printed.
who own houses?


the rich.

facebook, google, apple, amazon  , netflix stocks up 100 %.

stock market at record highs.

who owns stocks

the rich.


the fake woke lefties at google and facebook and twitter and amazon who all turn their pages black in honour of george fllyod and sack anyone who isnt woke on woke topics are just "signalling their woke virue" so that the dumb lefties dont come after their cash.

google can send every employee for racial bias training (they did) and seem so progressive but that costs pennies.

coming after their obscene theft and monetisation of data would upset them.

the left, thru money printing (trump and scomo are just as bad though) and thru demolishing small business (resturants and shops) whilst allowing maccas and wlamart and bunnings to operate without competition have ushered in a massive transfer of wealth to the rich.

and not letting banks and zombie companies fail is a taxpayer gaurantee on the wealth of the rich.

it is NOT capitalism.

it is BIG GOVERNMENT

and the word for big government is SOCIALISM.

and yet, when the crash comes they will call for BIGGER GOVERNMENT to stop the GREEDY CAPITALISTS.

you have been conned



Who owns stocks? People who work for Companies that offer a 401k savings plan.

https://www.fool.com/taxes/401k-ira-maximum-contribution-limits-for-2021/

Who owns homes? People with good jobs and realistic expectations of what they can afford.

Now as for the World crisis, that is what you call "AN Opportunity"! Using the lock downs they were able to strengthen control over the populations in their countries and in this one able to create millions of bogus votes in our Presidential election to remove the choice of the people and install their puppet!

Every few years some crisis comes along and the Stock Market goes into a major decline. Those who know this is just cyclical and have the money to invest buy stocks they can reasonably expect to return to previous levels. The bottom of each dip is higher than the bottom of previous dips.

Poor people buy the shiny things and go into debt to do it, rich people buy value and hold it. They don't steal from the rest of us to get richer, they just don't care if the rest of us squander opportunities!
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The heart of the wise inclines to the right, but the heart of the fool to the left. ~Ecc. 10:2
 
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Re: A Trend Has Been Reversed
Reply #39 - Apr 1st, 2021 at 11:19pm
 
Mortdooley wrote on Mar 14th, 2021 at 3:46am:
A trend has definitely been reversed, ever since the puppet biden cancelled the keystone pipeline energy prices have gone up steeply and fast. Gasoline is up over sixty cents a gallon since January 20th! We expect it to at least double by Summer. I haven't seen anything he has signed that makes things better for us, his America Last policy sucks!


Republican Dwight Eisenhower built America's modern infrastructure and Biden simply wants to bring it up to date. You see, Cap'n, the USA is literally falling apart, crumbling, you see? Are you suggesting that  the General was a ... RINO?

POTUS doesn't control gas prices

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Re: A Trend Has Been Reversed
Reply #40 - Apr 2nd, 2021 at 12:08am
 
AiA wrote on Apr 1st, 2021 at 11:19pm:
Mortdooley wrote on Mar 14th, 2021 at 3:46am:
A trend has definitely been reversed, ever since the puppet biden cancelled the keystone pipeline energy prices have gone up steeply and fast. Gasoline is up over sixty cents a gallon since January 20th! We expect it to at least double by Summer. I haven't seen anything he has signed that makes things better for us, his America Last policy sucks!


Republican Dwight Eisenhower built America's modern infrastructure and Biden simply wants to bring it up to date. You see, Cap'n, the USA is literally falling apart, crumbling, you see? Are you suggesting that  the General was a ... RINO?

POTUS doesn't control gas prices




Eisenhower was so popular he could have won regardless of which Party he joined! The interstate highway system was built to move American military quickly across the country in time of emergency. Even today the barricades dividing opposing lanes are removeable to make them into instant landing strips for aircraft!

The infrastructure isn't falling apart, I wish they would finish so all lanes on our roads can be open at the same time. Our highways have been under constant construction since Trump was elected! Since democrats generally do the opposite of what they say maybe the construction can be declared complete!

Availability of energy based on the executive orders of a President have everything to do with the price and availability of fuels! The price of gasoline at the main location I use most of the time has gone from$1.75 to $2.69 as of last week and may be higher by now. Biden did that.
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« Last Edit: Apr 2nd, 2021 at 12:13am by Mortdooley »  

The heart of the wise inclines to the right, but the heart of the fool to the left. ~Ecc. 10:2
 
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Mattyfisk
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Re: A Trend Has Been Reversed
Reply #41 - Apr 2nd, 2021 at 10:12am
 
Mortdooley wrote on Apr 1st, 2021 at 10:58pm:
aquascoot wrote on Apr 1st, 2021 at 5:39am:
AiA wrote on Mar 31st, 2021 at 8:33pm:
Aqua doesn't realize that Depression Era banking reforms were overturned in 1999 and what has been the result? Greater instability. Why were they overturned? To benefit the elite. You see, they profit when things get bad.



what have i been saying about the "runny nose' virus since day 1 ?

the fake crisis is totally to BENEFIT THE RICH.

house prices at record levels as "stimulus money" is printed.
who own houses?


the rich.

facebook, google, apple, amazon  , netflix stocks up 100 %.

stock market at record highs.

who owns stocks

the rich.


the fake woke lefties at google and facebook and twitter and amazon who all turn their pages black in honour of george fllyod and sack anyone who isnt woke on woke topics are just "signalling their woke virue" so that the dumb lefties dont come after their cash.

google can send every employee for racial bias training (they did) and seem so progressive but that costs pennies.

coming after their obscene theft and monetisation of data would upset them.

the left, thru money printing (trump and scomo are just as bad though) and thru demolishing small business (resturants and shops) whilst allowing maccas and wlamart and bunnings to operate without competition have ushered in a massive transfer of wealth to the rich.

and not letting banks and zombie companies fail is a taxpayer gaurantee on the wealth of the rich.

it is NOT capitalism.

it is BIG GOVERNMENT

and the word for big government is SOCIALISM.

and yet, when the crash comes they will call for BIGGER GOVERNMENT to stop the GREEDY CAPITALISTS.

you have been conned



Who owns stocks? People who work for Companies that offer a 401k savings plan.

https://www.fool.com/taxes/401k-ira-maximum-contribution-limits-for-2021/

Who owns homes? People with good jobs and realistic expectations of what they can afford.

Now as for the World crisis, that is what you call "AN Opportunity"! Using the lock downs they were able to strengthen control over the populations in their countries and in this one able to create millions of bogus votes in our Presidential election to remove the choice of the people and install their puppet!

Every few years some crisis comes along and the Stock Market goes into a major decline. Those who know this is just cyclical and have the money to invest buy stocks they can reasonably expect to return to previous levels. The bottom of each dip is higher than the bottom of previous dips.

Poor people buy the shiny things and go into debt to do it, rich people buy value and hold it. They don't steal from the rest of us to get richer, they just don't care if the rest of us squander opportunities!


That's right, dear. Using the lockdown, your largely Republican states asked people to use the mail in an attempt to minimize the 4000 deaths a day caused by your pandemic.

Your Dear Leader ignored said pandemic and got ousted by Democrat, swinging and Republican voters.

Your Dear Leader wasn't happy, so he tried to remove the choice of the people and install himself.

Yes, your Dear Leader actually plotted to do what the Burmese military have just done in Myanmar. Can you imagine? In America?

You suffered a health crisis, a political crisis, and you're left with an economic crisis.

Cometh the hour. Godspeed, Mr President.
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Frank
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Re: A Trend Has Been Reversed
Reply #42 - Apr 2nd, 2021 at 11:20am
 
...
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Estragon: I can’t go on like this.
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Frank
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Re: A Trend Has Been Reversed
Reply #43 - Apr 2nd, 2021 at 11:29am
 
...
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Estragon: I can’t go on like this.
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Re: A Trend Has Been Reversed
Reply #44 - Apr 6th, 2021 at 3:28pm
 
Frank wrote on Apr 2nd, 2021 at 11:20am:


Neo Marxism, eh?

Very droll, dear boy, but Karl already told Vladimir how the proletariat can be duped by class enemies in sheep's clothing.

He missed the spray-on tan and the blonde Hair-for-men, but he left instructions on what to do with billionaire hustlers who promise to build a big beautiful wall from coast to shining coast and get Mexico to pay, believe me.

Read your 1848 Manuscripts, dear.
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