Greg is correct about socialism!!! Some people have sit on their a— the last 2 years thinking they’re going to get a big monthly income check. Some people haven’t invested in anything or done anything but goof off and now they’re waking up.
Talk of crisis has been going on for the last decade... I take it back.. for the last 20 years ... Nope.. I will say for the last 40 years or may be more... dunno.. I was not even born then
Let's look at the inflation now:
Suppose there was only one country USA. You went out to Walmart to buy a table. It was made in USA, so naturally it would cost $10,000 conservatively. okkkk okkkk .. Could be more. I agree. But let's be conservative.
Now FED came along and forced dollars on the world. China said give us $50 and you take the table. Every Tom Dick and Harry bought 20 tables each all over USA. Nobody thanked the FED. Fine.
Now China is saying, we need $75 and every one is cursing the FED not realizing that if the FED raised rates and the congress stopped global trade, that table will be $15000 ... in fact no one even knows how to make the table any more. Yet every one is convinced that having 20 tables is their God given birth right.
Inflate is the right thing to do obviously because other option is much worse.
Where was the outrage when people imported dirt cheap goods from China ? No one stopped the FED then. Even now the life is damn good here and that's an understatement.
Our backup mega-transformers for power stations are no longer made here. China makes them. We had one go down a few years back in Maricopa County AZ. from (Ashkenazi) lightning. Took 3 weeks to bring it by truck from Long Beach CA. Phoenix has rail freight connections to LA. Still confused as to why it was sent by ground delivery service.
Att: Greg. Please research what kind of permanent life insurance is best that’s like a savings plan that people need during times like this and tell us.
Even if we already have insurance in case we want more.
Forget the Life Ensuring Companies. Total shit. At the long run they will pay out NOTHING. There is only one life ensurance that maybe make sense in some cases. In german it's called "Lebensrisikoversicherung (life risk insurance)". It's function is you pay a monthly amount and ONLY in case you die f. e. your family will get 1 Million or so/depending on your age, health status and monthly pay in.
So: Become your own Life Insurance Company. Buy physical Gold and Silver for example.
Hahaha. You pay them lets say 20,000 USD in sum. They will pay out (IF they do what we shouldn't expect) let's say 40,000 USD / + 100 %. Inflation at the same time is let's say 500 %. Ask yourself: What do you get in the Best Case what in the Worst Case.
From what I've seen these past 5 years I say....they will CONTINUE to inflate. They really have no choice.
There is always a choice. They don't want to.
But there is a danger of fed bluff and even that can crash markets
Maybe a temporary dip and a chance to pounce, but the long term is inflation as far as the eye can see.
Greg is correct about socialism!!! Some people have sit on their a— the last 2 years thinking they’re going to get a big monthly income check. Some people haven’t invested in anything or done anything but goof off and now they’re waking up.
Those boiled frogs can’t jump anymore. Meanwhile, they turn up the heat.
People need to use common sense if they want to stay afloat.
As an American,today my President made me so proud when he put his socks on with no help
[My] next Dow-Target is @ 36,700.
think: 100 or 150 points down to about 34,800, than rocket 🚀.
Talk of crisis has been going on for the last decade... I take it back.. for the last 20 years ... Nope.. I will say for the last 40 years or may be more... dunno.. I was not even born then
Let's look at the inflation now:
Suppose there was only one country USA. You went out to Walmart to buy a table. It was made in USA, so naturally it would cost $10,000 conservatively. okkkk okkkk .. Could be more. I agree. But let's be conservative.
Now FED came along and forced dollars on the world. China said give us $50 and you take the table. Every Tom Dick and Harry bought 20 tables each all over USA. Nobody thanked the FED. Fine.
Now China is saying, we need $75 and every one is cursing the FED not realizing that if the FED raised rates and the congress stopped global trade, that table will be $15000 ... in fact no one even knows how to make the table any more. Yet every one is convinced that having 20 tables is their God given birth right.
Inflate is the right thing to do obviously because other option is much worse.
Where was the outrage when people imported dirt cheap goods from China ? No one stopped the FED then. Even now the life is damn good here and that's an understatement.
Our backup mega-transformers for power stations are no longer made here. China makes them. We had one go down a few years back in Maricopa County AZ. from (Ashkenazi) lightning. Took 3 weeks to bring it by truck from Long Beach CA. Phoenix has rail freight connections to LA. Still confused as to why it was sent by ground delivery service.
Now we may not know, huh
Where our next meal is coming from
But with you by my side
I'll face what is to come
Aah, boy I want to thank you
Yeah, for loving me this way
Things may be a little hard now
But we'll find a brighter day. Seems appropriate. But who knows the song and artist?
Neil Young: The Needle and the Damage Done? Nahhh.
pantomine of freaks
Att: Greg. Please research what kind of permanent life insurance is best that’s like a savings plan that people need during times like this and tell us.
Even if we already have insurance in case we want more.
Forget the Life Ensuring Companies. Total shit. At the long run they will pay out NOTHING. There is only one life ensurance that maybe make sense in some cases. In german it's called "Lebensrisikoversicherung (life risk insurance)". It's function is you pay a monthly amount and ONLY in case you die f. e. your family will get 1 Million or so/depending on your age, health status and monthly pay in.
So: Become your own Life Insurance Company. Buy physical Gold and Silver for example.
Agree.
see above. total shit.
Whole Life Insurance against inflation?! Teach us please!
I just stumbled across this. (Interesting in full, but go to minute 45:00 and listen what they have to say about insurances for houses)
https://www.bitchute.com/video/q4XbORdh5AwJ/
Hahaha. You pay them lets say 20,000 USD in sum. They will pay out (IF they do what we shouldn't expect) let's say 40,000 USD / + 100 %. Inflation at the same time is let's say 500 %. Ask yourself: What do you get in the Best Case what in the Worst Case.