We focus on two major economic exercises (in futility) around here. One is making money in the stock market with our rather unorthodox approach. The other is a bit of futuring based on understanding the consequences of contemporary economic data.
This morning we are pleased to report some major harmony is evolving between these two approaches. And, as I’ll show you this morning, when things line up this well, we can evolve a pretty good vision of the future based on economic expectations.
While we will have to await secular developments to fill in the necessary voids, the future is, using this approach, already on rails for 2017. End of the world?
This is really a kind of “part 1” because this weekend we might make some future projections based on behaviors of “fifth waves.” For this morning, let’s just “ride the rails” a bit.
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Is there a fallacy here?:
http://realmoney.thestreet.com/articles/10/25/2016/national-debt-why-fret-over-something-doesnt-exist
Because if there is, I’d be real interested in your explanation as to why you think there is.
I guess I should have been more specific. I already knew your opinion of the article headline. What I thought was interesting was the look at what the author called the Federal government’s ‘checkbook’ and the $94 trillion bottom line for last year. If you don’t know what I’m talking about, you didn’t read the article. Also, I am unimpressed by posts from people who don’t know the difference between household finances and a nation’s finances.
Well hell then I think Uncle Sugar out to give every Mericun (legal or not) $250,000 per year, a new BMW every 2-3, years and Mansion or two……Mike Norman…..LOLOLOLOLOL what a nozzle…
You didn’t answer the question.
The end of the world is most certainly not coming. I’m sure there will be some upheaval as wealth gets shifted around but the reality is, all the buildings that are built, all the knowledge people have, and all the tools we own don’t go away, when the economy crashes. The world is the wealthiest now as it has never been, in these terms.
The question is, who will be able to control it coming out of a crisis?
Tell that to the Romans or the Byzantines as there civilization collapsed. Much of their knowledge base was lost for centuries, not to mention the drop in life span. Why else do you think they called it the “Dark Ages” in Europe
Plenty of room at the Hotel Trumpifornia:
http://nymag.com/daily/intelligencer/2016/10/trumps-d-c-hotel-shows-as-poll-sink-so-does-his-brand.html
Rather than email you this:
A source of data for you to mine via your taxpaying Dollars.
https://www.dhs.gov/sites/default/files/publications/dhs-daily-report-2016-10-26.pdf
Just change the URL for the day you want as I have NO idea how to get to “the page of the day”.