Quote:
Originally Posted by StickyGreen
You obviously have a lot to learn about economics. The level of the Dow Jones is not much of an indicator of how the overall economy is doing.
Like I said before, the Federal Reserve is printing a billion a day right now, completely destroying the dollar. We will soon experience hyperinflation, regardless of which one of these clowns are in office that you all like to argue back and forth about.
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Well i know and I'm interest in economy more than the average and less then some peoples
The charts reflect some aspect of the economy but for sure not everything. but they reflect perception, fear, hope, investment etc...
They stop the crash by lower the rates and printing money, for sure has you said hyperinflation could destroy the economy and turn the country into dark... But nobody does know that clearly.
If it was that clear well the market will be the mirror of that,,, and i will short all the stock i can. I think now investors has put their pink glasses a lil too fast, but theres a reason, and its because its not only bad news and their is still gas in the tank
The debt is so crazy and scary I agree too... and if the country wasn't the USA ill be VERY pessimist.
The Subprime mortgage crisis was not a walk in the park, the artificially stop it, and they may find another way to stop this one too to goes to lower level, that's my point, I'm more optimistic, and USA has a lot of tentacle and influence and tricks !
I think that economy will go down-up-down-up for few years but i dont see a HUGE recession, but a recession for sure
Also. we don't know whats gonna happen with europe, india/china, innovation, war, virus, etc etc all those factors will influence the rest, at least USA is a solid country
its only my opinion and i respect it, but one thing im sure, nobody know whats gonna happen, nobody has the verity, even the best economic guy on the planet..
Im interest to hear your tough and learn about your opinion so feel free to continue
