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Unfortunately, it may take another economic crisis that can’t be bailed out that will allow millennials the opportunity to employ their skills to create and innovate towards a better future.
millennials the opportunity to employ their skills
Millennials have skills??? Really???
some must there are 95 million of them
APOCALYPSEFUCKisShostikovitch says
ASSHOLES! If they didn't have it together to buy in 1974 or earlier, they're not worth allowing to eat or even breath.
the foresight of millennial toddlers is astonishingly lacking!
APOCALYPSEFUCKisShostikovitch says
APOCALYPSEFUCKisShostikovitch says
ASSHOLES! If they didn't have it together to buy in 1974 or earlier, they're not worth allowing to eat or even breath.
the foresight of millennial toddlers is astonishingly lacking!
ASSHOLES!
Do they even know about this?
http://www.youtube.com/embed/Vk3sII8T-vY
Junior isn't driving and millennials aren't buying http://www.foxbusiness.com/personal-finance/2014/01/09/juniors-not-driving-and-millennials-arent-buying-what-gives/
When I was a kid we had 3 dogs, one was a great dane we called him tiny, one was an english bull dog we called him speedy, one was the
peenest we called him liberace.
Short answer the economy is shrinking because of demographics and technology the politicians stepped in to keep the party going by printing money, because the entire economy (debt) is based on growth.
At some point maybe long in the future? People will sober up and realize the king is naked and say damn we are broke. At which point if you don't own gold and other AF possibles you is gunna have a hard time.
When I was a kid we had 3 dogs, one was a great dane we called him tiny, one was an english bull dog we called him speedy, one was the
peenest we called him liberace.
Short answer the economy is shrinking because of demographics and technology the politicians stepped in to keep the party going by printing money, because the entire economy (debt) is based on growth.
At some point maybe long in the future? People will sober up and realize the king is naked and say damn we are broke. At which point if you don't own gold and other AF possibles you is gunna have a hard time.
The king was always naked. That's what they wear.
Since the last time gold peaked to $850 in 1979/1980 gold has been the worst investment anyone could have ever made. Stocks have gone up 17 fold and they even pay dividends.
Gold is the most expensive paperweight you will ever buy.
Well those kids are Winners too, Coach Laura said so when they finished their perfect losing season in little league football.
Then that other time his Mom said the same damn thing, after he stole that thing from that guy who called the cops, when she should have been putting a foot in his ass. But if she had, the Child Yankers would have shown up in their Crime scene investigator van, and take her kid away who either may or may not be killed in the next 48 hours while in foster care. And the Teacher who told him every thing his Mom and Dad ever knew or even learned in school was totally wrong, and here's how History really went, and they found a leaked pages on the future. Which shouldn't even exist really because God doesn't even exist.
These Kids heads are so fucked up from a whole Generation that was obsessed about not being their Mom and Dad with their kids, that they fucked up a whole other generation that never learned life experiences or had to live up to any responsibilities from their parents, because they were born with best friends, they didn't have any responsibilities.
They be fine when they hit 30.
APOCALYPSEFUCKisShostikovitch says
ASSHOLES! If they didn't have it together to buy in 1974 or earlier, they're not worth allowing to eat or even breath.
the foresight of millennial toddlers is astonishingly lacking!
Not their fault. In 1974 corporeal existence was a requirement for a loan thanks to that hippie Nixon. Reagan's administration later eliminated that roadblock to freedom.
Strategist says Since the last time gold peaked to $850 in 1979/1980 gold has been the worst investment anyone could have ever made. Stocks have gone up 17 fold and they even pay dividends.
From 1980-2000 stocks reigned.
From 2000-2011 stocks were flat the entire time and gold skyrocketed because of Greenspan and Bernanke.
What's next under yellen?
http://smaulgld.com/what-happens-after-the-next-stock-market-crash-poll/
Gold is the most expensive paperweight you will ever buy.
Although, brass and lead have appreciated quite well!!!
As have copper and nickel
APOCALYPSEFUCKisShostikovitch says
No and they didn't know the trumpet part was the best part, especially if Herseth was still with Chicago. ASSHOLES!
Or that besides being a baton waiver, Leonard Bernstein could also play the piano.
Well those kids are Winners too, Coach Laura said so when they finished their perfect losing season in little league football.
"good job!"
Millennials are tiring of failure
http://www.nationalreview.com/article/368236/millennials-are-tiring-liberal-failures-chris-beach-alison-howard
Millennials have skills??? Really???
Sure they have skills. They can text like no body's business, even if 90% of it is misspelled. Most of them can get great scores on video games. Sexually ... we'll skip that part. But if you are expecting them to know how to do math without a calculator or write without a spell checker and gammer checker ... uh, looking at the WRONG generation.
not being their Mom and Dad with their kids, that they fucked up a whole
other generation that never learned life experiences or had to live up to any
responsibilities from their parents, because they were born with best friends,
they didn't have any responsibilities.
They be fine when they hit 30.
I'm not so sure. We could rename this the Lost Boys generation (see the movie Peter Pan if you're not sure of the reference).
I'm not so sure. We could rename this the Lost Boys generation (see the movie Peter Pan if you're not sure of the reference).
Can they take another five years of stagnant economic growth?
APOCALYPSEFUCKisShostikovitch says
ASSHOLES! If they didn't have it together to buy in 1974 or earlier, they're not worth allowing to eat or even breath.
the foresight of millennial toddlers is astonishingly lacking!
Not their fault. In 1974 corporeal existence was a requirement for a loan thanks to that hippie Nixon. Reagan's administration later eliminated that roadblock to freedom.
nothing is anyone's fault!
Strategist says Since the last time gold peaked to $850 in 1979/1980 gold has been the worst investment anyone could have ever made. Stocks have gone up 17 fold and they even pay dividends.
From 1980-2000 stocks reigned.
From 2000-2011 stocks were flat the entire time and gold skyrocketed because of Greenspan and Bernanke.
What's next under yellen?
http://smaulgld.com/what-happens-after-the-next-stock-market-crash-poll/
That move in gold took me by surprise. I never expected it to cross $850, instead it came close to $2,000.
Now what......
Tapering has begun, and gold is on a downward trend. If the economy starts sinking they will increase the money supply, sparking off inflation worries which would give gold a temporary boost.
In the long run I think gold will continue to be an underperformer.
My crystal ball says gold will go below $1,000 some time in 2014.
Tapering has begun, and gold is on a downward trend. If the economy starts sinking they will increase the money supply, sparking off inflation worries which would give gold a temporary boost.
QE 3 didn't really boost gold, so tapering might not drive it lower
I'm not so sure. We could rename this the Lost Boys generation (see the movie
Peter Pan if you're not sure of the reference).
Can they take another five years of stagnant economic growth?
It's more like - do they have a choice??
Tapering has begun, and gold is on a downward trend. If the economy starts sinking they will increase the money supply, sparking off inflation worries which would give gold a temporary boost.
QE 3 didn't really boost gold, so tapering might not drive it lower
Something I noted last summer http://smaulgld.com/is-the-qe-trade-over-for-gold-and-silver/
says
I'm not so sure. We could rename this the Lost Boys generation (see the movie
Peter Pan if you're not sure of the reference).
Can they take another five years of stagnant economic growth?
It's more like - do they have a choice??
Nope best hope is a crash where they help pick up the pieces
y crystal ball says gold will go below $1,000 some time in 2014.
...by 2020 the stuff will be so cheap banks will give bricks of it for opening a new savings account.
Sounds great but wait till you see the new fee schedule!
...by 2020 the stuff will be so cheap banks will give bricks of it for opening a new savings account.
Sounds great but wait till you see the new fee schedule!
most of it will be in China by then
I've seen my kids phone bills and I'd ask them "how the hell can you send 10K texts a month?"...
the text output is prodigious! More work for NSA
millennials the opportunity to employ their skills
Millennials have skills??? Really???
some must there are 95 million of them
Oh man, our future is screwed...
What do you think the WWII generation said about the boomers? Flakey pot smoker war critics who were always running off to join a commune, never holding down a solid job! People grow up.
Hell, the way things are going, texting and playing video games will probably be the primary skills for whatever's next in the tech pipeline
Hell, the way things are going, texting and playing video games will probably be the primary skills for whatever's next in the tech pipeline
There is some truth to that- video games are a massive business-bigger than music and movies combined
What do you think the WWII generation said about the boomers? Flakey pot smoker war critics who were always running off to join a commune, never holding down a solid job! People grow up.
correct those people were the boomers who created the circumstances that millennials are in now
Hell, the way things are going, texting and playing video games will probably be the primary skills for whatever's next in the tech pipeline
There is some truth to that- video games are a massive business-bigger than music and movies combined
I hear drone pilots are in demand.
y crystal ball says gold will go below $1,000 some time in 2014.
...by 2020 the stuff will be so cheap banks will give bricks of it for opening a new savings account.
Sounds great but wait till you see the new fee schedule!
I still wont take it. I'd rather pick the toaster.
That is foolish. Even if you dont believe in the long term prospects you can convert it immediately into the currency of your choice and buy real estate in phoenix
Millennials will save the global economy by creating new "apps",high tech start-ups & writing brilliant code.They will show the Fed how to create virtual money.
We don't need no stinkin' manufacturing or anything related to the physical world.
There's only virtuality. "Praise the Matrix".
Millennials will save the global economy by creating new "apps",high tech start-ups & writing brilliant code.They will show the Fed how to create virtual money.
We don't need no stinkin' manufacturing or anything related to the physical world.
There's only virtuality. "Praise the Matrix".
there is some truth in that
Quantitative Easing doesn't matter. In a few years, yams will be the only currency accepted.
IT'S YAMS OR FUCK YOU!
Quantitative Easing doesn't matter. In a few years, yams will be the only currency accepted.
IT'S YAMS OR FUCK YOU!
and they better be canned.
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http://smaulgld.com/millennials-not-part-of-the-club-yet/
Failure provides opportunity for new entrants. QE and bailouts, on the other hand, keep economic losers entrenched. It is this dynamic that has kept economic opportunities from millennials.
Whether the Fed eventually ceases its QE program, the damage to a generation has already been done. Five long years of Fed money printing to keep the system entrenched has not created a thriving economic environment for millennials but rather a playground for the older, richer generation to maintain and increase its wealth.
http://smaulgld.com/millennials-not-part-of-the-club-yet/
Companion piece-How QE Causes Senior Citizens to Compete with Millennials for Entry Level Jobs http://patrick.net/?p=1236857
#environment