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  • Long story short. It appears that Putin plans to annex 4 regions of Ukraine into Russia very soon. He thens says that he will use nukes to defend if anybody tries to attack or take back those territories because those attacks will be attackes on Russian soil. He says he is not bluffing and I don't think he is.

    China won't allow it, its why what is going on there is happening, they want pro Putin Xi out and someone else in.

  • FluJinPooh owns Russia too

    What the Fuck was that?

    Some guy Hiroshima, Japan August 6, 1945 08:15:47

    Some guy Nagasaki, Japan August 9, 1945 11:02:44

    Some guy Chernobyl, Ukraine SSR April 26, 1986 01:23:03

    Some guy Fukushima Daiichi nuclear plant March 11, 2011 11:28:37

    Hillary Clinton, November 8, 2016 22:07:32

    Secret Service Agent attending Biden/Pope Francis meeting October 29, 2021

  • Bj... that tweet thing is exactly the problem. The dems have complete contempt for the average American. Losing 20-50k is nothing to them... they would have to lose at least one or two of their mansions before they felt any pain.


    lazs

    "Don't let it end like this. Tell them I said something."



    Pancho Villa, last words (1877 - 1923)

  • Most people with 401k's that actually have lost some substantial amount..... are within 5-10 years of retirement. Two years before I retired I took 90% of my 401 and put it in something else that has given me a guaranteed over a grand a month. If I die tho it goes to nothing. But I have been collecting on it for over 10 years now.


    It was a gamble but not a gamble. It took pressure/worry off. I have gotten it all back now and every month is just gravy.


    lazs

    "Don't let it end like this. Tell them I said something."



    Pancho Villa, last words (1877 - 1923)

  • Market gonna stay shit for at LEAST another year, as Fed raising interest rates. We get a competent republican in '24, he will have 2 1/2 years to restore the Dem Damage before I turn 67

  • The private Federal Reserve mostly controls the markets. They can juice the economy or make it crash if they want. Nothing juices the economy quite like handing out 6 Trillion in free money though along with zero percent Fed rates and Quantative Easing which includes Bond buying.


    To grow the American economy requires Americans aquiring more debt. The American dollar has been a fiat currency since 8/15/1971.


    The standard of living has dropped significantly decade after decade despite what the fake numbers say.


    Meanwhile Mega corporations continue to lead the charge in destroying freedoms, funding socialist policies, getting laws passed that prevents competition and that hurt small businesses, while the workers contribute to 401k's which ultimately funds their own demise along with future American generations.

  • Brandon is a disgrace!


    I honestly don't think I can stomach two plus more years of Brandon nor could I deal with Kamel Toe if he steps down. The next couple years won't be a picnic. Hopefully the mid terms results will send a clear message.

    You know, I keep reading stuff written by people like you, People that think that Donald Trump's loss in the last election wasn't the work of powers that be, that he wasn't actually supported by all the votes, that Biden, this shambling mess that everyone has bemoaned and despised since literally his first day in office, actually WAS much more popular, much more supported than Trump. That there was a miraculous showing at the polls. That miraculously, ALL of Biden's vote count didn't come in until about 3 hours after the polls had closed in almost every state.


    Every time somebody types or says shit like what you wrote here, I don't see a coherent thought, I see delusional ramblings. Once they fix one ELECTION, It's fixed from then on.

  • You know, I keep reading stuff written by people like you, People that think that Donald Trump's loss in the last election wasn't the work of powers that be, that he wasn't actually supported by all the votes, that Biden, this shambling mess that everyone has bemoaned and despised since literally his first day in office, actually WAS much more popular, much more supported than Trump. That there was a miraculous showing at the polls. That miraculously, ALL of Biden's vote count didn't come in until about 3 hours after the polls had closed in almost every state.


    Every time somebody types or says shit like what you wrote here, I don't see a coherent thought, I see delusional ramblings. Once they fix one, It's fixed from then on.

    It is funny you wrote that. The garble you just posted is just what you mentioned, no coherent thought, just delusional ramblings. Stop sniffin the glue and maybe your head will clear up.


  • I can't tell if you're being facetious or not.


    For the most part, the Federal Reserve does **NOT** control the economy. They control the stock market. I'd guess that 75-90% of all the "free" (0% interest) money goes straight into inflating the NYSE and making the banks and other rich people more money.


    Conversely, stopping the "free" money causes the gravy train to come to an end. Still not the Economy, though.



    ACTUALLY growing the economy requires increasing productivity. THAT is the source of real wealth. America, and its citizens, separately, are being crushed under a mountain of debt. Debt STIFLES the economy because it takes 3-4 dollars to pay it back, in the long run, for every dollar borrowed.



    The standard of living is the highest its ever been. BUT it hasn't grown at a commensurate rate since the destruction of the gold standard and the implementation of a fiat system.

  • Well I mostly was not being facetious in that post to answer that question. I appreciate your economic perspective and interest in economics and the economy.


    Would you agree that all the rate increases by the Federal Reserve has had an effect on the housing market? 30 year Mortgages have gone from 2.75% to 6% with all the rate increases. Prior to that rates on 30 year mortgages dropped significantly leading to a housing bubble in many parts of the country. It also boosted auto sales and slaes of other big ticket items as payments were lower with lower rates.


    I would agree that to grow the economy requires increasing productivity, but to increase productivity there has to be increased demand which is where the debt somes in. When I mention debt I am talking about consumer debt, not National debt.


    Interest rates on consumer debt has been slowly dropping for the last 40 years. Yes, it goes up sometimes but the trend line has been lower. Meanwhile consumer debt over the last 40 years has increased substancially, hence the success of franctional reserve banking.


    I have to disagree with your assessment that the standard of living is the highest it has ever been in the USA. Don't forget that not too long after they implemented the fiat system, they also rigged the numbers and how they arre tracked. Things like unemploment, Cost of living etc. This was necessary for people to buy into the new fiat system. There are still people that track the real numbers and sell the information to big corporations and such that need real numbers - http://www.shadowstats.com


    Franctional reserve banking is an interesting anmimal in and of itself. It requires debt.

  • Some Brooklyn transplant just paid US$2.6M for a Mackle on Miami Beach.


    He thinks me charging him US$5700 for a pedestrian gate is reasonable.


    Naturally he's a leftist.

    What the Fuck was that?

    Some guy Hiroshima, Japan August 6, 1945 08:15:47

    Some guy Nagasaki, Japan August 9, 1945 11:02:44

    Some guy Chernobyl, Ukraine SSR April 26, 1986 01:23:03

    Some guy Fukushima Daiichi nuclear plant March 11, 2011 11:28:37

    Hillary Clinton, November 8, 2016 22:07:32

    Secret Service Agent attending Biden/Pope Francis meeting October 29, 2021


  • Debt incurred from the Federal Reserve is the LITERAL definition of inflation. On top of that, money fabricated from thin air competing with real earned money is what creates bubbles that can pop later.


    I don't really care what effect the relatively low interest rates have on the Housing Market, or the Auto Market. They follow the economy, not lead it. People don't buy a new car, and then go and get a job. It's the other way around. Or at least it should be. (See the other threads here talking about people getting offers on their used cars higher than the new MSRP.)



    Increases in productivity comes naturally. The only thing in its way is Government Intervention and "free" federal reserve money. Both of which stifle winners AND losers in the market.

  • pepsi challenge? WTF are you old enough to be posting without your parents permission? You PROVE to this forum that the election WASN'T fixed in 2020. Go ahead. You are asking the wrong person for assistance bud.

    There's two possibilities here: You either cannot, which means that you didn't really pay any attention to the political machinations in this country until you suddenly had to start paying over a dollar a gallon more to fill up your car, and your weekly grocery bill went up by over $100 or more. This means that you have only just recently decided to try to come to grips with the tragedy that was leftism overrunning this country, that you were a politically indifferent moderate.


    The second one, is that you WILL NOT.


    And if that's the case, it means that you're like a lot of the people leaving California and New York, can't afford to live there anymore, but you want all of the fairy tale horseshit that you have at home. So, you're left of center, but are now at the precarious position of having to admit that as much as you believed that Orange Man Mean Tweeter Is Bad, the sad, transparent truth is that the leftist democrats, personified by Bidet, are infinitely worse...and that your belief system in the blue mule is now destroying, rather than enriching, our way of life.

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