Global Nightmare: America on the brink of....

Ho ho ho! The wit!

Nice to see you take the very last sentence I made after sifting through the actual points I made. I "put people down" when they refuse to read my points or infer absolute dog shit from them. He quoted a completely apolitical point and made it all about politics and current affairs.

I have the respect of people who matter. I couldn't care less whether I don't have yours or those of your kind.

Not that I put much weight in it, but his reputation speaks for itself.

Give whining a rest will you and make some actual points. Or have you accepted defeat of your logic?

 

As a matter of fact your logic stinks IMHO. Wouldn't have a bar of it (as you no doubt know).

Caring for others isn't part of your logic.

Your derogatory comments overrode the lot.

 

Lamest excuse for being a passenger I've heard yet.

I love it when you highlight that you in fact know very little about me. Take a trip into the programming section (amongst others) and see the free advice and help I give there.

 

What does QE3 have to do with the above militancy and slander - not a thing.

BRUm, it is a vehicle to insure low interest rates, a barrier to inflation and a solution for illiquidity. Buying bonds on the open market is banal, no harm is incurred if it fails.....

Otherwise I really haven't a clue whatever you are posting about.

 

Actually its a way of artificially manipulating the economy, interest rates and money supply for selfish political reasons.

 

for selfish political reasons.

You are simply wrong in Your assertion - other economist have opinions but they are not the Chairman of the Federal Reserve who has prevented the Republican Recession from morphing into a Depression.

Your assertion is that of McConnell and Boehner who have just accomplished the S&P Downgrade of the Nations credit ratting since 1917.

 

My preparedness recommendation never referred to QE3, at all. The preceding sentences addressed questions on both sides and concluded with regardless of the outcome, of course which no-one can predict, to make sure that one can survive the worst scenario. It was in response to the thread's title and the rather gloomy outlook it is accurately portraying. It's sad that you can't accumulate tools of defence and safety without being labelled "militant".

Manipulation of pragmatics is low, Breeze. Thanks for taking that out of its context and grouping it with other sentences to label. It was part of a conversation between myself and someone else with its own context. You know full well why that was written, or do you disagree that when defenceless and once confronted you'd still change nothing?

Well how many times does it need to be tried? Did you not know it has been tried in Japan, many times, and with very poor success. In fact, they're the only nation to ever implement it fully. It has been tried here, like I've mentioned and it too brought nothing to ease the economy, and again as I stated, actually did the inverse. All you do is parrot what those in the White House have to say. Why not take the time to explain how you expect these things to be affected in such a manner?

Prolonging the collapse is suicidal. What genius plans do your tellers have up their sleeve if they have their QE3 and after it inevitably solves nothing? Another? QE4?

How convenient.

 

Kiddo, the US was downgraded by Standards and Poors because the US's debt to income ratio is horribly out of whack. We are in debt for more than our entire GDP. You do this as a consumer, you not only don't have triple A or double AA+ equivalent in terms of a credit rating, you have below 500.

Saying the US has a tripple A credit rating right now is like saying a consumer who has no income and has gone bankrupt 3 times has a 850 credit score.

I'm not making assertions, I'm laying out facts and simple math even a 1st grader can understand.

The nations credit has been downgraded because the US has spent more than it takes in, has more debt that its worth and shows no signs of reversing those trends.

You cannot be a complete idiot can you?

 

You really have nothing to say - The downgrade McConnell and Boehner orchestrated is from AAA to AA+ with a negative outlook, primarily related to their inadequate legislation that raised the Debt Ceiling by 2 Trillion Additional Dollars while supposedly cutting 2.3 Trillion in 10 years.

For their and your lousy performance and time wasted at the Nations expense the ratting might better have been a D- .

 

Breeze, what do you have to say about my comments regarding Japan? Did you read this?

 

Exactly how QE3 relates to what BRUm has said is beyond me..

I fail to understand how does it qualifies as militancy? Or even slander?
I didn't know that buying guns and ammunition is militancy.. Are you implying that probably half of America is militant?
What is wrong with buying food and water or silver and gold or taking care of one's family or being prepared..

Please enlighten me..

 

It all makes a lot more sense if you smoke a lot of weed and, more specifically, are actually stoned while reading it.

 

Thanks for the tip. Next month I'm going to Amsterdam, I'll give it a try then...

 

You've kinda run out of people to blame, haven't you.

 

Unfortunately, the government there has passed an anti-drug-tourist bill, mental, I know. How this will actually affect tourists and business in reality, we'll have to see. I thought India is quite a liberal place in terms of the ol' Mary Jane.

 

There was not a date for the articles publication however its reference point of 2001 and forewards is sufficient to presume the effects of the policy decisions used at the time were well documented and reviewed by economist and were analyzed for their effectiveness. Presumably including the Federal Reserve.

It is only one tool and by the articles own addmission is effective against a primary cause of the Republican Recession, Illiquity.

The point is the Federal Reserve curtailed the recession in June of 09 and is having to revisit the issue due to the 2010 election and the failure of the Tea Party House to reinforce the recovery with appropriate legislation.

Not the article that is inconclusive and dated but your unwillingness to accept the success already accomplished by the Federal Reserve in preventing a Depression was the issue I was making.

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I live in the same world as BRUm and do not care to walk around with a loaded pistiol irregardless the outcome - however BRUm has the right to do so and I am for civilians having guns etc. but I do believe it is a militancy....

The assertion about Hating just seems a reinforcement of an illogical mind set that has no basis.

..............

Another person unable to think for himself.

Everyone knows it was Mia who supported the 6.1 Trillion dollar immoral Iraqi war, was the cause of the deepest Recession since the Great Depression and has not a soul of remorse and blindly asserts the fallacies of the past for his foundation for the future.

 

Aside from your obvious figure fibbing, you've misinterpreted reality once again.

What I supported and still support is a free and safe America. To that end, there's no price tag that cannot be justified to ensure that continues.

You're on a sinking ship and even those that set her a sail have fled. Save yourself, or go down with it.

 

Even if this is true, it is still going to happen. All it will do at best is postpone it. You even use short term yourself, but how short is short term when the answer the current administration has is to keep on doing it? What is the plan after the next QE?

I wish this were the case Breeze, but sadly I do not have the right. Tasers and pepper spray (yes, even this) are completely outlawed here, nevermind proper weaponry.

Where did I mention "walking around with a loaded firearm"? I mentioned stocking up and preparedness. Having firearms in one's home is not militant at all. I can't imagine how the word "buy" infers public armament. Saying this, I personally would on various occasions, although I certainly did not recommend it.

 

Yeah, cannabis known as bhang to Indians, can be found in abundance here..

Think about what you are saying mate.. You are for civilians having gun, however you believe it's militancy?
That implies that you support militancy?

Although even if we take militancy in the most liberal way, I'd beg to differ. I don't think having a loaded pistol on me for self defense makes me a militant...
Remember, its not always about aggression, it's about defense... And everyone has rights to not only defend themselves but their family and property as well.

 

Say what?

QE2 = $600B: http://www.ritholtz.com/blog/2010/1...campaign=Feed:+TheBigPicture+(The+Big+Picture

QE2 ended June 2011 as scheduled: http://money.cnn.com/2011/06/22/news/economy/QE2_end/index.htm

If you have a source showing that the Fed didn't expand the balance sheet by $600B, I'd like to see it.