Quote: (08-17-2013 01:05 AM)greensteelhead Wrote:
First question: do you believe ANY of the numbers published by the Feds?
Second and third questions: did you know that the US National Debt has been frozen for the past few months? Do you honestly believe we aren't spending tons of cash right now?
These numbers are manipulated beyond belief, to tell a story that make certain people look good. After all, we have a number of people who are not being reported at all since they have "left the market" completely. Yeah.....ok.....I almost believe you.
To those of you that think there will be no consequences to tapering, all Bernake had to do was mention QE tapering a couple weeks ago, and the market tumbled. Our market is being propped up by liars and thieves, and once that lifeline is reduced and cut, the market will crash hard.
If you have been following the market, company earnings reports and various economic slowdowns/disasters in the Eurozone, Japan, China and lately, there is something very wrong out there. The markets don't reflect reality, and I have a feeling the storm clouds will increase here.
Sorry...I don't buy any of the numbers, and even if I did, I am pulling back and saving cash. At some point, $17+ trillion in debt is going to hurt us badly.
Something wicked and rotten this way comes.
aw man, that doesn't even bear thinking about, I don't think it's even possible to come back from a national debt that big.