link: http://bit.ly/1oCcYEi
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- @Macrotots Yep, Its the what have you done for me lately mentality. Also Dems will argue Obama deficits were necessary to get us out of recession, but that Trump deficits caused problems as the economy was growing when they were run up.
- @RJChancey Times are not very good. That is exactly what Republicans were claiming just before the 2008 financial crisis. We are actually in worse shape now than we were then, and headed for an even greater economic crisis.
- Given how large past #Republican deficits have been relative to the initial rosy projections when the goal was to balance in 10 years, imagine how much further off the mark #Trump's deficits will be when even the pretense of eventual balance has been dropped!
- The higher Dec. trade deficit likely mean last quarter's low #GDP number will be revised even lower. It also likely means that GDP growth for all of 2017 may be less than the average annual growth rate experienced during Obama's 2nd term. But hope springs eternal for 2018.
- June factory orders rose 1.8%, but fell year-over-year for the 8th consecutive month, the longest losing streak ever outside of a recession!
- (1/2) Global stock markets are now nearly as oversold as at the market low in October 1987. Expect a powerful and tradable rally of 20% or so from here. Cover all shorts and go long the most oversold stocks. However, do not expect new highs.
- Ron Paul's Economic Myth Busters: Inflation & Capital Creation @SchiffGold http://bit.ly/1NosMPY
- China's Economic Troubles Start to Spread
- Former Dallas Fed Pres. Richard Fisher throws former colleges under the bus in CNBC interview. He said "don't blame me I voted against QE3"!
- Malinvestment and the Austrian Business Cycle, as explained by Yogi Berra
Wednesday, April 6, 2016
The government wants to check my cat
My father is a carer who looks after a 17 year old foster child. Unfortunately this is done through the UK government. A bureaucrat came round today for an annual inspection. She was asking as many questions as she could and writing it all down. She then told us that our cat will need to be checked! (health & safety) The age of consent in the UK 16, but she said the 17 year old is not allowed to have his girlfriend stay over. However ordinary friends can with our consent. Quite discriminatory and contradictory if you ask me. Next week she will be assessing every single room in my home. I hate this shit lol, I need to move out!