1/18/2011 9:02:07 AM
1/18/2011 9:24:43 AM
1/18/2011 5:27:02 PM
One thing i forgot to put on here (or maybe i did) is that we have been exporting our inflation to China due to the Yuan currency peg.As they allow their currency to float upwards we will see the effects of inflation here rather than the rampant inflation in China right now.They have no choice but to allow their currency to rise before their citizens start starving.The evil Chinese government likes to keep their currency low so they maintain all the power over the country, but given that their citizens are close to unrest they will let it rise.Its hilarious to hear our govt say we need them to re-value their currency so our exports do well. What exports? They cant afford healthcare yet. Technology okay... but what the hell else do we make that they will buy?In reality when China revalues their currency the ones harmed will be the USA. We will face severe inflation on the goods we import from China, our interest rates will rise, etc.It will fuck us right in the goat ass, bank on it. And thats why all my money is in commodities, materials, etc.
1/18/2011 7:28:41 PM
Personally, it seems like U.S. leaders/advisors are engaging in some kind of reverse psychology. The peg is great for us, that's what allows to get all this cheap shit. Without the currency peg, our standard of living goes down, and theirs is allowed to rise.
1/18/2011 8:09:48 PM
1/18/2011 8:35:28 PM
^^ that is correct.Our govt blames Chinese currency pegs as the problem even though they HAVE to know thats the only thing keeping the little guy and our government afloat right now.This shit is going to get ugly. I have like 60 canned goods in my house. But I'm thinking i should get 6,000. And i don't even own a gun. Let alone enough guns to necessitate an entire rack.
1/18/2011 9:59:22 PM
1/18/2011 10:44:52 PM
1/19/2011 12:44:13 AM
1/19/2011 6:54:00 AM
1/19/2011 10:11:16 AM
1/19/2011 7:57:01 PM
1/19/2011 11:44:30 PM
1/20/2011 6:34:09 AM
1/20/2011 11:01:47 AM
1/20/2011 7:33:46 PM
1/20/2011 8:44:53 PM
1/20/2011 9:46:22 PM
1/20/2011 10:35:31 PM
Kris, do you just intentionally make shit up so you can practice this whole "control the population" shit you think can work eventually? Every time you respond to a post that should have shut you the hell up because you're beyond dead wrong, it has this same sort of subtle "bleh" to it. Every post.1) Start out with a calm tone.2) Politely point out that someone is wrong or misunderstanding (whether they are or aren't, this is essential to controlling them)3) And then begin to just make up whatever it is you need to in an attempt to win a point whether it is correct or not often just repeating yourself over and over again.4) Along the way ignore past errors or mistakes you've made in your replies (this is also essential to control).This is in a nutshell what a Kris post is. I've dominated you on the idea that deflation discourages investment. Your rebuttal is backed up by Clownsian economists who have offered us nothing but a big ole bucket of fail. Respond if you wish, but please take it to the deflation thread so you'll stop shitting up this one and people who want to discuss the broader economy can do it without stepping in your stinky posts.
1/21/2011 6:25:00 AM
1/21/2011 1:19:08 PM
Keep trollin away little guy.
1/21/2011 6:16:26 PM
A troll would be more like if you engaged someone in an argument in which they frequently insulted the other and wouldn't finish it, right?
1/21/2011 6:31:35 PM
bumpsky
2/15/2011 10:58:41 PM
House to Hold Vote to Avoid Shutdown
3/1/2011 2:29:58 PM
3/1/2011 2:34:10 PM
^^ my kneejerk reaction agrees, but the costs would far outweigh any benefit^ that doesn't mean they're cutting the education budget. i'm not even going to try to count how many "programs" they probably have now under the education umbrella. the same goes for new highways.the spending needs to stop somewhere, and to be honest i'm a little surprised there isn't more uproar about the current state of the budget. it was supposed to be in effect last october, and they're still getting an extension even now. until today, they had till this friday or a shutdown would occur. considering the costs of the last time it happened, and how many more people would be sent home without pay (and not getting anything done)... the costs would be insane. likely, i'd be one of those people. we actually found out today that in all likelihood if the shutdown occurred my entire development team would be sent home without pay with the "option" to burn the paid time off that we've earned.[Edited on March 2, 2011 at 12:25 AM. Reason : ][Edited on March 2, 2011 at 12:26 AM. Reason : ]
3/2/2011 12:25:42 AM
http://www.economist.com/blogs/democracyinamerica/2011/03/budget_cutssnippet
3/9/2011 8:55:04 PM
whooooooooooooo's ready for the next rollercoaster drop?!?!?!First, frozen crops from canada to mexico fucked up the produce market (paying $32 for green peppers [reg. $13.95] and $2.99 lb for roma tomatos [reg $1.29] )That'll ripple into meat and milk prices for cost of feeding animals.Then the middle east decides to overthrow themselves. Shit hits the fan.Then gas prices go fucking through the roof for no fucking reason.Then rent and shit goes up across the board.Then Fucking Wisconsin pisses off everyone in America.Then the DOW tanks just as a report that said investors are feeling comfortable again.Then a big ass tsunami and earthquake destroys northern japan and lowers their already fleeing stock market prices.Fuck man.[Edited on March 11, 2011 at 3:22 AM. Reason : .]
3/11/2011 3:21:48 AM
AHA, so after participating in our most recent economic disaster, Standard & Poor's is tagging the US with a negative outlook.How do they even exist at this point?http://www.businessweek.com/news/2011-04-18/standard-poor-s-puts-negative-outlook-on-u-s-rating.html[Edited on April 18, 2011 at 7:55 PM. Reason : RIGHT THREAD!]
4/18/2011 7:54:06 PM
because they get paid to predict the past.Our outlook has been negative for almost the past decade so they were 10 years too late predicting this.Which means if they are predicting the government to go insolvent in 2025 you can bet it will be 2015 or sooner.
4/18/2011 8:10:07 PM
AHAHA
4/18/2011 8:31:57 PM