American Economics Thread

Tam

Brigadier
Registered Member
They are all wrong; they've been predicting it since 2017, have they been right? No

They are right about inflation, or the US dollar lowering value. Even Schiff is not wrong that gold retains its value, and as of now gold has creeped up over $1800.

And what's your qualification against these people? One is a legendary investor whose life is made into a movie. Another is the head of the world's biggest hedge fund. Another is the head of Morgan Stanley. Another is a best selling author and a successful capitalist.
 
D

Deleted member 15949

Guest
They are right about inflation, or the US dollar lowering value. Even Schiff is not wrong that gold retains its value, and as of now gold has creeped up over $1800.
Oh no, not gold. After all, Schiff can't even beat the broader S&P 500.

And what's your qualification against these people? One is a legendary investor whose life is made into a movie. Another is the head of the world's biggest hedge fund. Another is the head of Morgan Stanley. Another is a best selling author and a successful capitalist.
It's that they've been wrong too many times to count.

THERE IS NO INFLATION
 

Tam

Brigadier
Registered Member
Oh no, not gold. After all, Schiff can't even beat the broader S&P 500.


It's that they've been wrong too many times to count.

THERE IS NO INFLATION

The S&P 500 is over valued and its a ponzi scheme. They are due to a fall and if it wasn't for the Fed pumping money, money that isn't going to the common man but to the stock market. In fact, the stock market rising is because of hyperinflation --- costs more money to buy the same amount of stock. There are cases including Venenzuela and Zimbabwe, when the stocks shot up as the money gets inflated.

And yes, its about gold, its about bitcoin.

I am already seeing fast food chains raising their prices.

No inflation? Sez who?



 
D

Deleted member 15949

Guest
The S&P 500 is over valued and its a ponzi scheme. They are due to a fall and if it wasn't for the Fed pumping money, money that isn't going to the common man but to the stock market. In fact, the stock market rising is because of hyperinflation --- costs more money to buy the same amount of stock. There are cases including Venenzuela and Zimbabwe, when the stocks shot up as the money gets inflated.

And yes, its about gold, its about bitcoin.

I am already seeing fast food chains raising their prices.

No inflation? Sez who?



lmao, if an asset manager can't beat the S&P 500, they aren't worth listening to
 

Tam

Brigadier
Registered Member
The US still has substantial coercieve capacity over denial of trade/investment/technology flows, recognizing Taiwan (and thus sabotaging CN growth rates) and other miltiary funsies and USD access. The US still has substantial tools to sabotage growth rates

Even in AFG, Taliban casualties were multiples of times higher than US casualties.

They can do that, and in the long run, people will stop using American components and avoid US patents.

China is likely one of the reasons why the US dollar is still holding, as they all went to China instead of US pockets where they could have caused hyperinflation. If China stops or even reduce US dollar use, they would be liquidating dollars here and there and that's going to cause the currency to collapse. If China is to deny trade access, from exports to shipping trade, you're going to see a massive economic collapse in the US as supermarkets will be empty, factories cannot operate without their Chinese components. Even the freaking machines used to make tin cans for canned goods and plastic bottles for hand soap are either made in China, or use parts from China. This will lead to panicking and then rioting. The US cannot export their stuff and the loss of shipping (and shipping containers) means it will drive import and export rates to the roof which will cause inflation to spiral out of control, which means more panicking and more rioting. Shipping a container is now like what $20,000? When it used to be $2000? That's what a slowdown will do. Imagine what a complete halt would do.

Its never about the casualties about the Taliban. Its about who wins in the long run. They're the ones who are riding in Humvees and carrying M-16s. Taliban casualties might be higher but the US costs in the war are much higher than the Taliban's.
 

Tam

Brigadier
Registered Member
lmao, if an asset manager can't beat the S&P 500, they aren't worth listening to

The S&P 500 is a ponzi scheme that's ready to crash. It would have crashed long ago if it wasn't for Q&E pumping money into stocks that are way way above their P/E ratios. It won't take long for professional managers to see this is headed on the wrong direction, as what's happening is like Gamestop. Amateur investors using their stimulus money on apps to buy stocks and pushing the price up, then down, leaving the late comers to the dust. Its a ponzi scheme alright. Stocks are rising but are they not matched by their productivity or profits.
How much of the FAANG by the way is dependent on Chinese companies in terms of hardware, goods and advertising? Do you think Amazon would be successful if it were not for the cheap Chinese goods they got online? Do you think Walmart would be successful if not for the cheap Chinese goods they got in their shelves?
 
D

Deleted member 15949

Guest
The S&P 500 is a ponzi scheme that's ready to crash. It would have crashed long ago if it wasn't for Q&E pumping money into stocks that are way way above their P/E ratios. It won't take long for professional managers to see this is headed on the wrong direction, as what's happening is like Gamestop. Amateur investors using their stimulus money on apps to buy stocks and pushing the price up, then down, leaving the late comers to the dust. Its a ponzi scheme alright. Stocks are rising but are they not matched by their productivity or profits.
How much of the FAANG by the way is dependent on Chinese companies in terms of hardware, goods and advertising? Do you think Amazon would be successful if it were not for the cheap Chinese goods they got online? Do you think Walmart would be successful if not for the cheap Chinese goods they got in their shelves?
Someone sounds like they bought puts and lost. What does China have to do with it? The US doesn't need China and vice versa. If an asset manager like Peter Schiff can't beat a passive index, why do you care for their thoughts on macro? (esp. since they've never been right)
 

krautmeister

Junior Member
Registered Member
The US still has substantial coercieve capacity over denial of trade/investment/technology flows, recognizing Taiwan (and thus sabotaging CN growth rates) and other miltiary funsies and USD access. The US still has substantial tools to sabotage growth rates

Even in AFG, Taliban casualties were multiples of times higher than US casualties.
Nobody claimed US isn't powerful. America has incredible realized and latent power. The problem is, US leadership is full of idealogues who have been brainwashing their population and themselves for generations. After generations of that circle jerk echo chamber, we have an incredibly dangerous, irresponsible country and people who can't tell right from wrong, good from bad. In other words, the claims are that US leadership are full of morons.
 
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manqiangrexue

Brigadier
The US still has substantial coercieve capacity over denial of trade/investment/technology flows
Those capacities are all double-edged with diminshing desired effect and magnifying self-harm. Business is all about trust and oppertunities. The more you make it a weapon, the less trust there is and the more you restrict, the more oppertunities you kill.
, recognizing Taiwan (and thus sabotaging CN growth rates)
These don't connect. By recognizing the ROC, the US would be seen as incredibly desperate on the international stage and the business with China that drives America's economy would be shrivelled up.
and other miltiary funsies
They're just funsies. China gets to work and builds concrete land in the middle of the ocean while the US makes funsies. It only acts seriously on small weak countries... and that apparently doesn't always work either.
and USD access.
They can block off USD access to small countries with no economic impact but using that against China is crippling their own currency and making it worthless for trade with the largest trading country there is.
The US still has substantial tools to sabotage growth rates
They've used many of them and they've basically all backfired with China defending against their intended effects but the US leaving themselves wide open to eat the double-edged side-effects.
Even in AFG, Taliban casualties were multiples of times higher than US casualties.
Of course they were; they were goat farmers using old AKs. Bringing this point up is moving the goalpost way out of the stadium because nobody thought that the US would be defeated so convincincly with the Taliban in full control before the US is even done evacuating.
LOL, CPI on a 2019-2021 CAGR basis is fine. Imports from China are what, 3% of US GDP (?). The stimulus was spent in the United States, most consumer spending is on non-traded services
When the pandemic struck China in Q1 2020, it hadn't even reached the US yet but took the US GDP growth from ~2.2% to 0.5%. China's economy has a huge impact on the US. But on the other hand, when the US economy cratered, China started and maintained a very strong recovery.
Yeah, who won? Afghanistan economic growth has been far slower than the United States.
Obviously the Taliban won. They control the country. How desperate are you to use economic growth rates to muddle the outcome of a war?
The United States can still ride out its hegemony by starting a war in the Taiwan Straits
Actually, they would look like fools by losing that conflict. Even RAND agrees.
and denying China access to technology intermedaries
Already happening. Doesn't work, never worked. China always breaks through and becomes self-sufficient.
or stopping trade (since China exports more)
China trades with the world. The US initiated the trade war and shot itself in the foot. Meanwhile, China expanded trading partners all over the globe and its trade increased despite a drop in business with the US.
, and thus making sure that China has a demographic crisis and will never surpass the US in GDP
Trade... with a demographic crisis? Doesn't work. You imagined it. If the US could stop it, they are doing everything they can to do it... and failing. That's why they're so desperate. If they had any cards worth a shit left, they'd still be chill ol' Captain America; now the US is like that skinny little freak in a loincloth going on and on all day about getting his ring except the US is going on and on all day about hatred for China.
(esp. since the US is going to brain drain the entire world with millions of migrants while everyone else is in crisis
You mean labor drain. Brain drain turns into brain circulation and hits the US right back, besides, what brain drain will they get from poor migrants?
, money print to export inflation to the rest of the world but stimulating employment and growth at home,
The rest of the world can print money too or they can let USD oversupply cause the exchange rates to tip until the US is worthless internationally.
and improve physical & human capital with community college access/infrastructure/etc).
You must be talking about a different country LOL. The US just wastes money on wars.
The War over Taiwan will cost China more lives and GDP
The war will be over with China the victor before the US even knows how to get on it.
and birth rates
Doesn't even make sense.
as well as banning China from SWIFT and banning China from trade and forcing other countries to ban China from trade if they want SWIFT access as well as
That's a great way to kill SWIFT and make the dollar useless. Giving people USD that can't be traded for Chinese goods is like your boss paying you in currency that can't be used to buy anything made in China. Check the tags and see how restricting that "cash" is. If they did this, it would be great for China, because it gives China all the excuse it needs to start its own international financial system and being a much larger exporter than the US, this system would grow explosively until it became dominant.
the CIA destabilizng China with their hundreds of thousands of agents
China's stable and Hong Kong is stabilizing by the day. Meanwhile, the US suffered massive riots and even an attack on thier own capital building. Must be easy the test they give you to join the CIA LOL
 
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KYli

Brigadier
Inflation, inflation, and inflation. Need not to say more.
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soaring costs for fertilizer and propane on top of a nearly 30% jump in rent.
Deere & Co., the largest maker of agricultural machinery, warned Friday that rising costs and supply-chain snags will intensify into next year.
 
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