patrick.net

Watching RUPTLY coverage. They claim there are 2 other parties in the race... First a Green Party!!?? and a Libertarian Party?
LOL. Whatever, lying sacks... who makes this stuff up??

Entitlemented says

Said Cheap Money is caused by ZIRP which was cause by Housing Bubble Malinvestment, along with NAFTA

The point I look at was ZIRP and QE, which exacerbated the problem.

Entitlemented says

Cant raise ZIRP because all the legal eagle insider deals were Ponzi Scheme in a transfer of influence for cash, which cannot last forever.

I have come to think that ZIRP is more organic than it appears.

Entitlemented says

This specter of low manufacturing, limited jobs, government induced house appreciation, goverment induced manufacture, government regulation and real job loss results in low GDP, inability to escape ZIRP.

Manufacturing jobs are lower but not the manufacturing sales.

Even the appreciation is on a record low home ownership.

GDP is a poor metric of how an economy is doing.

This has little to do with my point at post # 81

It is called the Cantillon Effect, which says that inflation is not equal and the people who receive the money first are able to invest ahead of the inflation.

NuttBoxer says

indigenous says

Is that not creation?

Explain...

This is an indicator of a binary: Does the person make things better or worse.

Trump creates casinos and real estate products.

Hillary creates wars and death and nothing valuable. The Clinton foundation is a highly dubious organization.

Entitlemented says

Cant raise ZIRP

It's currently set for December, but you can be sure as the time comes closer it will be explained that "now is just not the right time to raise interest rates."

P N Dr Lo R says

It's currently set for December, but you can be sure as the time comes closer it will be explained that "now is just not the right time to raise interest rates."

Sir,

If Trump wins, it will be the ideal time for raising interest rates.

It's shapping up to be a landslide by the data being reported by precincts that have closed and reported already.
This may be a repeat of every Primary that Trump smashed right through where he was supposed to have his clear path to Victory killed by all polls and media accounts.

It might be Curtains for the Clintons Curtains and iron bars

http://orig06.deviantart.net/1de1/f/2007/126/8/3/curtain___04_by_lunanyxstock.jpg

Remember when Democrats were critical of Warmongers? Pepperridge Farm remembers.

(The speech she's referring to is Obama's anti-Iraq War speech, whereas she and McCain were Proudly - even as late as 2008 - patting themselves on the back for it)

Thunderlips Russian Agent 0069 says

Low growth + low inflation has been a sign of unequal, 1%er concentrated gains. Moderate inflation is a sign the economy is truly growing for everybody.

Or that sterling has collapsed in value, so the cost of many goods has risen as a consequence.

Temporarily, perhaps.

Without EU regulations, the UK will be able to trade with other nations more easily. Perhaps it can buy cheap goods from China?

Rashomon says

Or that sterling has collapsed in value, so the cost of many goods has risen as a consequence.

But volcanoes haven't erupted and frogs haven't rained from the heavens, eh? In fact the economic news is mildly better.

Inflation is great for debtors, be it college or mortgages, by the way.

Peter P says

Temporarily, perhaps.

Without EU regulations, the UK will be able to trade with other nations more easily. Perhaps it can buy cheap goods from China?

Shame getting on for 50% of trade is with the EU. And given the importance of the financial sector to the UK...

Thunderlips Russian Agent 0069 says

But volcanoes haven't erupted and frogs haven't rained from the heavens, eh? In fact the economic news is mildly better.

Inflation is great for debtors, by the way.

It also demonstrates what you said isn't necessarily accurate. And potential double digit rises in food prices is bad for the poor, by the way. And the UK hasn't actually started the process of leaving the EU yet...

Rashomon says

Shame getting on for 50% of trade is with the EU. And given the importance of the financial sector to the UK...

That is now, because of the EU. In the future, there can be deals with Asia and the US.

The Brits are the smartest people in the room. I am more worried about EU's future.

Peter P says

That is now, because of the EU. In the future, there can be deals with Asia and the US.

The Brits are the smartest people in the room. I am more worried about EU's future.

What manufacturing trade with Asia do you think the UK will be any more competitive in than it already is? As the US has already pointed out to the UK government, the UK will be way down the list in terms of reaching trade agreements. The EU has priority. The UK has a fairly weak manufacturing base (certainly compared to what it once was) and what there is is heavily based around trade with the EU - most especially for foreign manufacturers based in the UK. They only just got Nissan to pledge its future by offering major incentives. I presume a great many are waiting to see what agreement is reached before making their decisions. There are major aerospace and pharmaceutical companies in the UK - their futures in the UK must be open to question as well. There's a reason why Brexit was hugely unpopular amongst the business community.

Rashomon says

It also demonstrates what you said isn't necessarily accurate. And potential double digit rises in food prices is bad for the poor, by the way. And the UK hasn't actually started the process of leaving the EU yet...

It shows that the prediction that all the Service Companies were going to flee was mostly rubbish.

Inflation is always moderate when there is real growth, not just the 1% taking all the gains.

We have regularly high price increases with housing, medical care, and college costs - the entry requirements to the middle class.

The Brits are going to take the Dogger Bank and the Fisheries back, and there's tens of thousands of jobs from fishing to canning to trade shows right there. Right now the Spanish, Dutch, and Portugese are stealing all the British Fish, and the EU has the least efficient fisheries in the world. They end up destroying 50% of their catch, because the incentive is for a few countries to subsidize the shit out of outdated craft and just suck everything up.

Thunderlips Russian Agent 0069 says

It shows that the prediction that all the Service Companies were going to flee was mostly rubbish.

No, it doesn't, and it was more specifically the financial services sector - and those decisions won't be made until the Brexit deal is finalised. The fact it hasn't even begun yet rather puts the lie to your claims.

Rashomon says

No, it doesn't, and it was more specifically the financial services sector - and those decisions won't be made until the Brexit deal is finalised. The fact it hasn't even begun yet rather puts the lie to your claims.

The Remoaners were saying that voting Out would result in immediate, massive harm to the UK the moment the vote was counted. It hasn't, if anything the economic numbers are better now than they were before Brexit.

That's a big bonk for Remoan.

50% of Cars sold in the UK are German. That's far more important economically than Cadbury Chocolate, and it gives the Brits a shitload of leverage.

Thunderlips Russian Agent 0069 says

The Remoaners were saying that voting Out would result in immediate, massive harm to the UK. It hasn't, if anything the economic numbers are better now than they were before Brexit.

That's a big bonk for Remoan.

It has - have you noticed the exchange rate as one obvious example? And this is several years before we are even likely to leave. The leave campaign was based on a very clear set of lies and demonstrates (just like with Trump in the US) how easy it is to mislead an ill-informed electorate. Just look at the Brexit battle bus and the utterly flagrant £350m a week lie they peddled the entire campaign. Of course, they reneged on it the day they won the referendum.

Thunderlips Russian Agent 0069 says

50% of Cars sold in the UK are German. That's far more important economically than Cadbury Chocolate, and it gives the Brits a shitload of leverage.

Why? It's not like those cars will be replaced by ones made by the British car industry, is it?

@Patrick

Well, it's looking like you're going to find out how wrong you are. Congratulations.

OK, let's see what happens.

IF he gets much of what he wants, and I guess I can hope he doesn't. But if he does get much of what he supposedly wants with respect to trade, tariffs and domestic manufacturing, I predict we will be hearing the word "stagflation" for the first time since the 70s, a few years from now, and eventually many years later it will be obvious that the inflation he caused lowered our standard of living.

But don't worry, republicans will blame liberals or taxes or some other culprit.

Let's look back at this thread with 2020 hindsight (in the year 2020) and see who was closer to correct. I'll hope that his talk was mostly just his scam to get power, and he'll surround himself with at least a few smart people and never do what he said he was going to do.

indigenous says

Trump creates casinos and real estate products.

I guess, was thinking more cars, furniture, computer chips kind of manufacturing...

marcus is NOT deplorable says

I'll hope that his talk was mostly just his scam to get power

Telling people what they want to hear so they vote for you!? You get out! You get out now!!!

Gold will be up today, but I see it tanking short term but rising long term. USD will fall and imports and exports will go up. Wages will stagnate, but eventually go up. Things are going to get worse before they get better.

Rashomon says

As the US has already pointed out to the UK government, the UK will be way down the list in terms of reaching trade agreements.

This might change under President Trump.

Rashomon says

Why? It's not like those cars will be replaced by ones made by the British car industry, is it?

Think about this Rashomon.

It means the Europeans Germans don't have the leverage they think they do.

And the City won't be Hurt, because the internationalization of banks is supported through a variety of other international multilateral treaties.

Patrick says

Iran will invade and take over Saudi Arabia's mostly-Shiite oil fields, and Saudi Arabia will plunge into civil war

Iran dare not attack Saudi Arabia. They will be sorry.
I could care less for Saudi Arabia, as long as we control them.

Strategist says

I could care less for Saudi Arabia, as long as we control them.

g.w.bush had complete control over Saudis on 9/11.
Hope you washed that foot before you stuck it in your mouth.lol
Who's this"we" you speak of? The 1% control all economic benefits.
"We" will be receiving our share of profits soon.

HEY YOU says

Strategist says

I could care less for Saudi Arabia, as long as we control them.

g.w.bush had complete control over Saudis on 9/11.

Hope you washed that foot before you stuck it in your mouth.lol

Obviously, Bush did not control them enough, and we still don't.

HEY YOU says

Who's this"we" you speak of? The 1% control all economic benefits.

"We" will be receiving our share of profits soon.

We as in Americans, or the world of democracy.

Patrick says

People will feel free to support traditional values

People at work were openly saying Merry Christmas, and I do not recall that happening all that much before.

zzyzzx says

Patrick says

People will feel free to support traditional values

People at work were openly saying Merry Christmas, and I do not recall that happening all that much before.

I'm a fucking Atheist, and i say "Merry Christmas" because it is Christmas.......Duh!

As opposed to an eunich Ztheist?

Strategist says

I'm a fucking Atheist

IT's well known that there has been a war on Christmas led by liberal politicians and openly satan worshippong companies such as Starbucks.

By next year, nobody will be allowed to say happy holidays anymore. Thanks goodness.

Boycott these pagans.

Rashomon says

It has - have you noticed the exchange rate as one obvious example? And this is several years before we are even likely to leave. The leave campaign was based on a very clear set of lies and demonstrates (just like with Trump in the US) how easy it is to mislead an ill-informed electorate. Just look at the Brexit battle bus and the utterly flagrant £350m a week lie they peddled the entire campaign. Of course, they reneged on it the day they won the referendum.

The absolutely guaranteed offshoring of British Rx hasn't happened. In fact several are expanding operations.

McD's international business HQ is moving from the EU and into Britain.

British Services are up big league.

FTSE 100 is up like 10% just since Brexit. From around 6300 to over 700.

The rapey-murdery-assaulting-stone throwing Calais barbarians will never be forced on Britain by the EU.

zzyzzx says

People at work were openly saying Merry Christmas

Why do cons/republicans obsess over such silly bullshit? All of the things happening in the country and the world and this is what they spend their time worrying about.

I find that Satan Worshipping companies have better quality and customer service. I know--it's kind of ironic.

The prediction about Anna Nicole Smith rising from the dead to lead a zombie horde against all that is corrupt and impure was spot on.

finehoe says

zzyzzx says

People at work were openly saying Merry Christmas

Why do cons/republicans obsess over such silly bullshit? All of the things happening in the country and the world and this is what they spend their time worrying about.

I think it is actually important to be able to say Merry Christmas openly and without fear of reprisal. Not silly bullshit.

If you cannot speak freely, you cannot even think freely. To control speech is to control thoughts.

It's a war of slippery slopes. The left claims that Merry Christmas is a step towards a Christian theocracy, which is obviously nuts because people said Merry Christmas for close to two centuries here without any theocracy before the saying became effectively outlawed.

For the right, the outlawing of Merry Christmas is a step down the slippery slope towards complete globalization and the effective destruction of all national borders and identities. This would benefit international corporations and their elite owners at the expense of everybody else. All labor and environmental laws are made pointless by globalization if the elite can just move production to wherever the laws are weaker. The true irony is that labor and environmental laws were largely created by the left, and now the left is aggressively encouraging their utter destruction through globalization.

rando says

I think it is actually important to be able to say Merry Christmas openly and without fear of reprisal. Not silly bullshit.

The same people that refuse to say "Merry Christmas" probably have no problem saying "Happy Ramadan" or some shit like that.