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Randy Best's avatar

The whole USA is one fake Ponzi scheme. We have been in a depression for decades now. The only reason you don't see the soup lines of the 1930s is because of Government handouts such as food stamps, welfare and EBT cards.

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Str8_Shot's avatar

I just want to introduce a little more sanity into the conversation, by saying that we either accept ALL numbers that are provided, or we DO NOT. We can't pick and choose the government-supplied numbers and dismiss others. How can we scoff and dismiss GDP numbers but accept the Housing Meltdown numbers? It's my understanding that SOME states are faring better than others, they have different businesses in their states that leverage the local economy and produce "skewed" numbers against the backdrop of the rest of the country (or average states).

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Doug Youngman's avatar

.... when we live in a world where corporate cartels run our governments - and people believe that the temperature of the planet can be controlled by giving them money, you know you have a society at the tipping-point of socially acceptable levels of insanity.

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Andy Buchanan's avatar

Dude just go mental like Celeste … we’re with you

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Andy Buchanan's avatar

Just be to Crystal fucking Clear ..

Bidenomics and Trumpism .. is just another part of the Ponzi ..

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Argiem's avatar

America does not want to be free. It wants free stuff.

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Andy Buchanan's avatar

I’ll take free stuff

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Lulla buy's avatar

Nothing is free.

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Argiem's avatar

And yet, they want it.

The brainwashing is strong with them.

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Randy Best's avatar

Bidenomics is great isn't ?

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Sandra ---'s avatar

Jared Bernsteinonomics (he's Chief Economic Advisor, with BA in Music and MSW (social work)

Senile Joe is a puppet following orders-behind-the-scenes power are running the hell-show

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Randy Best's avatar

100% correct. It is so easy to see.

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Ol Hickory's avatar

Greg historically the crashes don’t happen until after a few rate cuts. I would guess the crash will be early to mid 2025

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Dustin's avatar

Unless things are being orchestrated to crash the market right before the election in order to get rid of the Marxists and Communists running our country currently (going full conspiracy theorist here, but I'm not ruling this out as a possibility).

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GABBY's avatar

The ones running this Country don't reside in the White House. Just to be clear, the tenant of the Resolute Desk matters NONE.

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split's avatar

For someone that does not matter, they are sure dumping tremendous energy into stopping Trump from getting that position back

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GABBY's avatar

Just because he's a Politician does not mean he can break any law he chooses.

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Argiem's avatar

The Fed was created by Congress. It does not exist without the express permission of the government. It can also be dissolved by Congress at any time. Andrew Jackson got rid of the central bank and paid off the national debt in 1835.

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NEYOH WHEATLE's avatar

Very serious times

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Nicholas's avatar

Greg, do you have an opinion on the recent SEC modification to the time it takes for trades to be finalised (T+1 day), instead of T+2?

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Jan Nees's avatar

You gotta watch this movie. Time replaces money. https://www.imdb.com/title/tt1637688/

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Janis Rough's avatar

Hello Mannarino. Is this the right money velocity chart? https://fred.stlouisfed.org/series/M2V

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Darrell Garrison's avatar

No doubt fake numbers at the stroke of a keyboard fake news fake politicians lolololol the great deception

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Randy Best's avatar

Kashkari looks and sounds evil.

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Andy Buchanan's avatar

Celente

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