I mentioned it in my post yesterday.
(MUST WATCH). LIQUIDITY CRISIS: Threshold Of A GLOBAL MELTDOWN. By Gregory Mannarino
I really like this version of the song.
Hopefully my neighbors aren't too upset with me. I'm only running 100 watts on full blast but I might upgrade to 300 watts or more. lol
Thursday 10-24
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Say something repeatedly long enough and it's eventually bound to come true. His job is to make money off scaring people. For as long as he's been posting his video's has he said anything that has lead you to start hoarding goods?.....
Getting your hair colored made you feel younger, getting carded pushed it to feeling twenty one...now your down to eighteen and blasting music....lol.
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I don't think he's a liar. He does affect my hoarding. I've gotten burned a little bit but I think in the end I will come out OK.
I don't see anything to give me much confidence in the financial stability of the USA government or many of the states and also many of the businesses that owe billions in pensions.
Yes things are great right now but things used to be great in countries like Venezuala, Libya and also places like ancient Rome.
Bullet Hits the Bone is a pretty old song. lol
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Who in the heck that is a citizen of this country addresses it as USA government or terms the states as many of the states in the context above and who doesn't know that most private pensions went under a long time ago to prop up public (government) pensions. Who'd compare Venezuela to what happened in Libya?
It's shit like that that makes my head spin.
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I was mainly pointing out that governments and countries fail like I think ours is failing.
What makes my head spin is people like you don't seem to care that $400 a day is going to the banks that own the Fed.
The rigging is working pretty well now but consumers are pretty tapped out and baby boomers are retiring so social security and medicare costs will be going up along with our already massive deficits.
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Only $400 a day?....that seems like a bargain. (lol) I know what you meant, couldn't help myself there.
"Of our government or the states" "the US government, or the states, some of which owe billions to pension funds."
The way you wrote it made it appear as some foreigner giving an analyst. I've seen people being sarcastic write "the good ol' US of A", though not unheard of it's rare people write USA instead of US government. Just seemed odd.
I think you are spot on in the overall view of the stability involved here, it's walking a very thin line. May actually be why you see Walmart and Amazon trying to step up demand for products by jumping starting the Christmas holiday shopping wars early. May also explain why gas prices have held under two fifty a gallon for the last couple weeks. The more people have to spend the more it spurs the economy. If that keeps up we may see some pretty low gas prices this holiday season.
The bigger question I would imagine is when will they run out of options to finagle, run out of wiggle room and where that's going to lead down the road. It's some pretty scary thoughts.
Most people are just trying to make it day by day as you somewhat stated. It's pretty hard to explain to my son that your good fortune to land a job making seven bucks more an hour than before Trump came into office and three bucks more than your last job doesn't mean all is well and you should proceed with caution while he's all joyous. Actually I tried, he was like you always are looking at the bad side of things....that may be true but it is those of us who do who end up being more prepared as we've done dealt with those thought processes before they creep up and hit us unexpectedly. I was just trying to tell him his new job is construction related, they provide for the construction industry, those who are building are more apt to be those borrowing and in a potential market crash they are the first to experience a freeze on credit availability versus the food industry in which he use to work. Right now with the construction boom, creating overtime and your new found fortune just proceed cautiously and don't over extend yourself. I thought that was pretty sound advice whereas he saw it as more of a naysayer thing. They don't tend to look at the dynamics of cause and effect.
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