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US money slump flashes warnings as economy contracts
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2014 May 31, 8:37am 1,706 views 8 comments
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Strategist
2014 May 31, 9:15am
Here is the warning I read.
Marc Faber and Peter Schiff must be real shocked.
Strategist
2014 May 31, 9:59am
Funny, you only get that type of real economic news from non-US based media...
Why is that??
Cause they don't know shit. You would think the Brits had other things to worry about besides our economy which is doing much better then theirs. They should worry about their PIIGS - Portugal, Ireland, Italy, Greece and Spain.
It's always us who come to their rescue.
Strategist
2014 May 31, 1:53pm
Funny, you only get that type of real economic news from non-US based media...
Why is that??
Cause they don't know shit. You would think the Brits had other things to worry about besides our economy which is doing much better then theirs.
Could it be a possibility that the Brits are telling the truth, while OUR media is telling you stories to make you feel good??
No...the Brit media is bull shitting the Brits to make them feel good. If America is doing bad, many countries feel good about it. During the cold war America was on the verge of collapse, instead the Soviet Union collapsed. Serve them right.
Strategist
2014 May 31, 1:53pm
Marc Faber and Peter Schiff
Who's Marc Faber or Peter Schiff ?
Two idiots about to file BK.
smaulgld
2014 May 31, 10:49pm
From the article
The housing recovery has rolled over and is now in a “cyclical downswing
“We think there is more to this than just weather.
Bubbabeefcake
2014 Jun 2, 2:01am
From the article
The housing recovery has rolled over and is now in a “cyclical downswing
“We think there is more to this than just weather.
It's the bottom of the boat completely falling out...
The Fed has cut its bond purchases from $85bn to $45bn a month, and is expected to halt quantitative easing altogether by October as it pares back $10bn at each meeting. The taper is clearly chipping away at a key prop of the economy. The stock of narrow M1 money has not grown for four months, and M1 velocity has fallen to an all-time low of 6.3.
The US economy contracted sharply in the first quarter and bond yields have been falling
Oh come on now Bubba - Obama and his band of liars explained that it was just that the weather sucked. Now that he is going to cripple coal and increase the price of electricity - the pink unicorns should show up any minute now.
http://www.telegraph.co.uk/finance/economics/10863888/US-money-slump-flashes-warnings-as-economy-contracts.html