motonoggin Posted November 28, 2017 Share Posted November 28, 2017 9 minutes ago, Zambroski said: "phony demand". AND FUCKING DELICIOUS!!!!!!! I'll bring my own toppings. Yes, debt is phony demand, you economic illiterate. More accurately, it's actually stolen from future generations. It's the ultimate grift. And you just love being a freeloader. Quote Link to comment Share on other sites More sharing options...
Anler Posted November 28, 2017 Share Posted November 28, 2017 7 minutes ago, motonoggin said: Yes, debt is phony demand, you economic illiterate. More accurately, it's actually stolen from future generations. It's the ultimate grift. And you just love being a freeloader. Wut? You mean $20 trillion in debt isn't bootstraps? Quote Link to comment Share on other sites More sharing options...
snoughnut Posted November 28, 2017 Share Posted November 28, 2017 41 minutes ago, bussman said: Warren Buffet, or the Green Bay plunger......... I’ll go with Buffet. When you're done painting your "will work for food" signs snap a pic so we can critique them. 29 minutes ago, motonoggin said: You have all sorts of 'indicators' that bury the fact that the last 40 years of economic growth is based largely on phony demand. Eventually that's going to run out. Good luck not holding the hot potato when the music stops. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 28, 2017 Share Posted November 28, 2017 14 minutes ago, motonoggin said: Yes, debt is phony demand, you economic illiterate. More accurately, it's actually stolen from future generations. It's the ultimate grift. And you just love being a freeloader. Your economic theory and “education” is a joke at levels almost inconceivable. Just do a meme. 5 minutes ago, Arctic Cat Destroyer said: Wut? You mean $20 trillion in debt isn't bootstraps? Thanks Obama!!!! Amirite? 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted November 28, 2017 Share Posted November 28, 2017 I guess we will just have to wait and see... 1 Quote Link to comment Share on other sites More sharing options...
motonoggin Posted November 28, 2017 Share Posted November 28, 2017 6 minutes ago, Arctic Cat Destroyer said: Wut? You mean $20 trillion in debt isn't bootstraps? No, that's the thing, IF we were operating within the actual laws of supply and demand, prices would've fallen when productivity continued to rise while wages stagnated. But instead they stole money from future generations so they could continue to ride the wave of low wages, high productivity, and rising prices. It was a way to steal from everyone living and everyone yet to be born. It's what happens when capitalists seize control of the money supply. Brilliant, really. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted November 28, 2017 Share Posted November 28, 2017 1 minute ago, Arctic Cat Destroyer said: I guess we will just have to wait and see... Instead of hope (anti-trumpers) and fret (worry warts)? Say it isn’t so. Quote Link to comment Share on other sites More sharing options...
SSFB Posted November 28, 2017 Share Posted November 28, 2017 1 hour ago, bussman said: Part of me wants to gut my 401. Seriously. The next crash, ands it’s coming soon, may be the worst ever. That would be a huge mistake I think. You're a ways from retirement, any crash/correction would be recovered by then. 1 hour ago, bussman said: Warren Buffet, or the Green Bay plunger......... I’ll go with Buffet. Buffet thinks the market is going to crash hard? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 28, 2017 Share Posted November 28, 2017 35 minutes ago, SSFB said: That would be a huge mistake I think. You're a ways from retirement, any crash/correction would be recovered by then. Buffet thinks the market is going to crash hard? x2 Much much more money has been lost by those trying to time the markets. When the best openly admit they can't, usually results in selling low and buying high. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted November 28, 2017 Share Posted November 28, 2017 3 minutes ago, ArcticCrusher said: x2 Much much more money has been lost by those trying to time the markets. When the best openly admit they can't, usually results in selling low and buying high. *looks at Ben* Quote Link to comment Share on other sites More sharing options...
bussman Posted November 28, 2017 Share Posted November 28, 2017 42 minutes ago, SSFB said: That would be a huge mistake I think. You're a ways from retirement, any crash/correction would be recovered by then. Buffet thinks the market is going to crash hard? I just want a new sled and truck without the payments. Quote Link to comment Share on other sites More sharing options...
s pump Posted November 28, 2017 Share Posted November 28, 2017 4 hours ago, motonoggin said: No one is claiming that min wage was $6/hr in 1980. 1 Pic=1000 words Quote Link to comment Share on other sites More sharing options...
motonoggin Posted November 28, 2017 Share Posted November 28, 2017 1 hour ago, s pump said: 1 Pic=1000 words One can never account for the dedication to ignorance from others. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted November 28, 2017 Share Posted November 28, 2017 3 minutes ago, motonoggin said: One can never account for the dedication to ignorance from others. Look in the mirror Dan. Jesus. When you're my age, you'll probably figure it out. You are on a fools errand. Quote Link to comment Share on other sites More sharing options...
motonoggin Posted November 28, 2017 Share Posted November 28, 2017 1 minute ago, DriftBusta said: Look in the mirror Dan. Jesus. When you're my age, you'll probably figure it out. You are on a fools errand. Thanks for the ageist condescension. Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted November 28, 2017 Share Posted November 28, 2017 7 hours ago, ArcticCrusher said: Should be on a log scale then. Nah, it's still linear. Neal Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted November 28, 2017 Share Posted November 28, 2017 3 hours ago, motonoggin said: Yes, debt is phony demand, you economic illiterate. More accurately, it's actually stolen from future generations. It's the ultimate grift. And you just love being a freeloader. How much did they save by keeping interest rates low. Think of how much debt they had. IF they were paying 10% on the debt, the debt would have doubled in 7 years. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted November 28, 2017 Share Posted November 28, 2017 8 hours ago, revkevsdi said: How much did they save by keeping interest rates low. Think of how much debt they had. IF they were paying 10% on the debt, the debt would have doubled in 7 years. Yet we have out moron PM saying "If we don't spend now when interest rates are low . . . ". What a fine example. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted November 28, 2017 Share Posted November 28, 2017 9 hours ago, motonoggin said: Thanks for the ageist condescension. You're the most condescending guy here. Sure. Quote Link to comment Share on other sites More sharing options...
motonoggin Posted November 28, 2017 Share Posted November 28, 2017 2 minutes ago, DriftBusta said: You're the most condescending guy here. Sure. People who don't think for themselves often feel threatened by those that do. 1 Quote Link to comment Share on other sites More sharing options...
s pump Posted November 28, 2017 Share Posted November 28, 2017 3 hours ago, motonoggin said: People who don't think for themselves often feel threatened by those that do. Quote Link to comment Share on other sites More sharing options...
AKIQPilot Posted November 28, 2017 Share Posted November 28, 2017 5 hours ago, motonoggin said: People who don't think for themselves often feel threatened by those that do. Does thinking for yourself put food on your table? Is your retirement portfolio getting bigger with all of this self thought? How much longer are you planning to work Dan? Quote Link to comment Share on other sites More sharing options...
motonoggin Posted November 28, 2017 Share Posted November 28, 2017 2 minutes ago, AKIQPilot said: Does thinking for yourself put food on your table? Is your retirement portfolio getting bigger with all of this self thought? How much longer are you planning to work Dan? Are you saying it's not worth it to think for yourself if it doesn't make you money? Is that really the measure of what is acceptable human activity? I'll probably retire in 10 years or so. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted November 28, 2017 Share Posted November 28, 2017 4 hours ago, AKIQPilot said: Does thinking for yourself put food on your table? Is your retirement portfolio getting bigger with all of this self thought? How much longer are you planning to work Dan? If he had a retirement portfolio, chances are he earned over 1% on it...just today. Another record high close, up 155 points. Thanks Trump. Quote Link to comment Share on other sites More sharing options...
02sled Posted November 28, 2017 Share Posted November 28, 2017 7 minutes ago, DriftBusta said: If he had a retirement portfolio, chances are he earned over 1% on it...just today. Another record high close, up 155 points. Thanks Trump. But that would make him a capitalist... he should be sharing what he has with all his cowardly Antifa friends who have less than him. Quote Link to comment Share on other sites More sharing options...
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