The Sun Is Setting on the American Economy
 

People have been warning about it for years.... :Oh crap

Part of the problem is Iran, North Korea and CHina are printing US dollars too...:2 cents:

then again I think most countries are in a heap of trouble, if the US goes down so will everybody else.

yes sun is bad for everyone, i hope america will bomb the sun!

Meanwhile a Hedge fund manager says

http://money.cnn.com/2013/05/02/news...edge-fund-fed/

Hedge fund manager Dan Arbess thinks the Federal Reserve should use its 'printing press' to funnel money directly to the Treasury instead of simply buying more bonds.

So who do we believe?

Stockman notes that he agrees with the Libertarian-Republican on a lot of things, especially the pledge that "we cannot borrow, and inflate and print our way to prosperity,"as we've been doing.

The Republican philosophy is kind of ironic, since they never adhere to it.

A 5% increase in the price of beef is surely a portent of the end of days.

There are plenty of countries that will be just fine.

Except the stock market is hitting all time highs and people are making money hand over fist. We must be fucked.

the malls are packed and restaurants seem busy also

I really hope you're joking... the DJIA is hardly a sufficient indicator of the economy in general... people are hurting and the FED is printing something like $85 BILLION of new U.S. dollars A MONTH... the only reason we aren't experiencing inflation or even hyperinflation yet is because it's being quietly exported...

Who knows exactly how long they can keep up this charade of propping up the economy, but it isn't going to end well...

:1orglaugh:1orglaugh

the real problem is that you are exporting your inflation to keep your economy strong...this is the mother of all bubbles :1orglaugh = your economy

inflation is the USA-s largest export:

http://theeconomicanalyst.com/conten...port-inflation

you have it easy, you command most of the oil, make it be sold for your inflation dollar artificially raising the $ price, then you are printing more money and buying up bonds and flooding the market with cash...

the sun set on the american economy a long time ago...the only thing that is keeping you from not sinking is that you are slowly pulling others down with you by exporting your troubles by printing absurd amounts of cash and, basically giving out checks with no real money to back it up...factor in the outsourcing and the rampant corruption that the US corporate government is dying from and you get a clear picture...

This is why I say buy gold and silver.... when things do go wrong, paper money becomes almost worthless and hyperinflation sets in, gold and silver will be king

1971 - Secretary of the US Treasury John Connally told a group of European finance ministers that the dollar was ?our currency, and your problem.?

came back to bite him in the ass tho...all them petro dollars got unloaded back in the USA when the arabs started buying up chunks of the US economy...

i have a problem with you saying "you" all the time...WE don't get to make those decisions. the Arabs bought this country fair and square. next time you wanna dictate a conversation, please use the correct narrative.

yeah, compared to the EU economy, which is flourishing

the article in the op was written and published to sell stockman's new book,

fear sells. congrats, you bought it.

the US will go bankrupt someday. its effects are unpredictable. But the ship wont sink. the ship is so huge now, the only 2 things that can stop the economy is plague or WMD. should the government default it will just reorganize/nullify the debt. move on to another reserve currency to replace the worthless dollar. the bond losers will get it back in BTC.

yes, but there could be grains of thruth in there:2 cents:

cmaybe, but so what.

"the sun is setting on the american economy."

that's not a conclusion, that's sensationalism.



fear, same shit different decade. 60s, 70s, 80s, 90, 2000s, the end is near.

but you get to enjoy the benefits and support the ones enforcing them....its not like you mind too much...

There is no doubt that globally things are changing but I see a gradual decline taking decades instead of an all out collapse, just can't happen as long as the Petrol dollar is the worlds reserve currency.

China would love to change that and they've been actively doing so aggressively since 07 - 08 but that's what the oil wars are all about.

Next up - Iran

It'll be interesting to see if Russia & China want to go against America

yes, graudual declines are natural, everything has a timeline and is in constant motion.

the wrench in the guessing game is the fact that the u.s. will soon be the world's largest oil producer. i don't see the sun setting on that.

a little simplistic

Wtf are you talking about? We have never seen something like what is currently going on...

http://4.bp.blogspot.com/_nSTO-vZpSg...ey+Supply1.png

Do you see that ridiculous spike around 2008? Do you even understand what that means for the U.S. dollar? The only reason we aren't experiencing severe hyperinflation yet is because it's being exported.

Everything is perfectly fine bro... put your fucking head back in the sand... lol

:1orglaugh