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Welfare state and government unions are killing the nation.
entitled and detached senior citizens who think were still living in the 1950s are killing the nation.
Population Numbers, Projections, Graphs and Data
http://www.susps.org/overview/numbers.html
U.S. overimmigration does not relieve overpopulation problems in third-world countries. Over 4.9 billion people live in countries poorer than Mexico.43 Each year the populations of the world's impoverished nations grow by tens of millions. Mexico grows by 2.5 million per year, Latin America by 9.3 million, South America by 5.4 million, and China by 8.3 million.4 U.S. overimmigration cannot have any significant affect on this number, even at current high mass immigration levels of over 1,000,000 per year.
Stocks and homes are assets priced in US$ -- so, their soundly shown price histories are inflation-adjusted ("real"). But such are seldom seen, because: Well apparent therein are our nation's serial, massive mispricings. Recently and unprecedentedly, both have been contemporaneously far above extrapolated history.
Just using inflation-adjusted numbers when pricing the DOW understates the actual damage that the Federal Reserve (and a complicit Congress) has done to the U.S. economy. Pricing the DOW in gold makes it all the more obvious that the current credit boom will implode soon. Actually, in every way but the stock market, the next Great Depression is already underway as this article's chart makes abundantly clear.
Thanks for your reply, I bet we think similarly, despite my relating to CPI-U. I suppose that these histories
http://www.showrealhist.com/RHandRD.html
ONGOINGLY in folks' faces is the way to get thru -- but have yet to see it happen!
RW&B is losing its color, due to us with heads in the dark.
ONGOINGLY in folks' faces is the way to get thru -- but have yet to see it happen!
RW&B is losing its color, due to us with heads in the dark.
I don't understand your point. Neither houses nor the Dow should be constant after adjusting for inflation. What do you think you're showing?
I too was VERY surprised:
http://patrick.net/about.php?user_ID=43238
My point is that the mainstream people are severely fooled by being unaware of the real price histories, and they should get UNfooled!
Look at 1958-1998 for real prices of homes (NYT or mine) -- NO change! CPI-U went up a factor 5.6 -- look here:
http://www.showrealhist.com/TABLEnum.html
I wrote you yesterday, I believe, about the 9/1929 - 1/2000 DJIA being a factor 31. increase, but only a factor 3.2 real.
The people are severely deceived ... I hope this is becoming credible for you.
My point is that the mainstream people are severely fooled by being unaware of
the real price histories, and they should get UNfooled!
I don't think they are fooled at all. I think they understand why assets are rising faster than inflation and are comfortable with it.
tatupu70,
Here I draw a connection of contemporary powers-that-be with Adolf Hitler, which I think fair.
http://occupywallst.org/condemn-venal-journalism-for-severely-fooling-the-/
tatupu70,
Here I draw a connection of contemporary powers-that-be with
Adolf Hitler, which I think fair.
http://occupywallst.org/condemn-venal-journalism-for-severely-fooling-the-/
Yes, I think your opinion has been well stated. I just think you're wrong.
Your thinking appears to be that some recency is higher than some formerly for good reason. This depends on formerly having NO mispricing, with which I strongly disagree, as I have stated/cited.
even the virtuous swedes have bid up the cost of housing to unaffordability.
Danes, same thing.
Dutch, even more so.
Yes, except frugal Germans.
Sad but true. I guess.
Please take a fast look at these
http://www.showrealhist.com/yTRIAL.html
http://www.showrealhist.com/RHandRD.html
And consider this fast thinking that has seemed right to me for years:
The MAIN ENABLER of sizable asset price bubbles is keeping real price histories rarely seen by the people.
I strongly suspect that the powers-that-be agree ... The 'absence' proves the 'importance' ...!
Your thinking appears to be that some recency is higher than some formerly for
good reason. This depends on formerly having NO mispricing, with which I
strongly disagree, as I have stated/cited
Yes, obviously we disagree.
But I think it's a bit conceited of you to assume that everyone else is "fooled" and YOU are the only one who sees the truth... Ever think perhaps you are the one who is "fooled"?
Let me 'back up' to what I basically claim. The simple histories in the first four charts here
http://patrick.net/?p=1223928
ought to be well known to citizens of our free country. (In fact, these track records are nearly never shown!). It is indeed the choice of the individual how much importance/weight to give to the past -- but the past should be shown!
The Leader said to the subordinate "BUT, what is intellectual honesty's cash flow?!".
The fourth chart cited above shows 'piling on' done to our descendants, including ones not yet with a vote.
Robert Shiller: “So save more is the most important thing. Even in cash.†(bottom of page)
Show this to the clueless and they'll just say it's been going on a long time.
"The Public Be Suckered" is (1) these histories,
and (2) keeping them out of sight. (See latest magnitudes, and
earlier extremes, in table at end.)
SUMMARY
This page shows multiple track records of collective economic foolhardiness by the USA people. These pasts are nearly never shown to the people by the powers that be. This allows ignorance instead of learning, and it enables further fooling of the people.
First two charts Stocks and homes are assets priced in US$ -- so, their soundly shown price histories are inflation-adjusted ("real"). But such are seldom seen, because: Well apparent therein are our nation's serial, massive mispricings. Recently and unprecedentedly, both have been contemporaneously far above extrapolated history.
Third chart Contemporary with the preceding have been (1) the downward drift of the personal saving rate for three decades (11%→3%), and (2) the accompanying doubling, over two decades, of the household debt/income ratio after 25 years in the narrow range 0.51 - 0.60. "More consumption now!!"
Fourth chart The preceding two traces of annual data each broke trend after 2007, coinciding with a huge jump in U.S. governments' debt, shown here. "Recent debt jump is 2/3 of that for World War II".
Asset price histories that look like cocaine intoxications:
(And a recent Dow day is here.)
Longtime overconsuming:
Recent debt jump is 2/3 of that for World War II:
http://www.showrealhist.com/RD_RJShomes_PSav.html
http://www.showrealhist.com/debtGDP_whys.html
usa2true AT posteo.de
The MEDIA KNOW HOW:
Wall St. Journal
NY Times 8/2006
#IButtfuckMyGrandkidsInNewJersey