patrick.net

errc says

Am I reading that last chart correctly?

We're all too stupid and uneducated to understand it.

Where is the demographic data?

indigenous says

Where is the demographic data?

There is No demographic data that matters because we have 155 Million plus working people now

1929 had 121,000,000 people in general, women weren't even working in mass then

This is a Sick Mad scientist thesis

The economy of the roaring 20's and post Depression cycle is not the country we live in

I know why you need a Great Depression II thesis

It will never happen, M's are 90 Million plus alone, let a lone peak earnings years are ages 45-54

This is a crazy man thesis...

Basically humans won't buy gas or food in 2017-2020 ....

That's the only hope you have for the Black Swan thesis

Run and hide. That's all Logan can do.

Why don't you compare wealth disparity--1929 vs. 2016? Then get back with me about how nothing is similar.

Tampajoe says

-1929 vs. 2016?

Left wing Liberal non sense the great low velocity thesis leading to a 1929 crash... cry baby nation

Highest nominal debt owners have highest nominal financial assets

Home owners which isn't going to collapse 60%

Cry all you want on this site

Beg and hate America all you want...

You will lose ....

and I promise you in the next 20 years I will smash your Great 2nd Depression thesis

Piece by Piece

Americans don't beg or cry like this

Go to Chile ... leave before the storm happens, don't come back

But you dare think you will be part of this Great Country in the next recession/recovery cycle when you pile this Mickey Mouse economic theory

There is always a lot of talk about the causes of the Great Depression.

I recall you mentioning somewhere that demographics had something to do with it.

I don't believe there was a black swan back then or in 2008.

My obligatory statement is that it was the Fed in both cases.

You don't agree...

Any economic collapse has to come from a over investment cycle

This is what I am going to tell David Stockman and all the Anti American Bears who this we are in a bubbl

You can't even have a mass bubble cycle without a prime age labor force boom which would lead into an over investment cycle

Tech 2000 and Housing 2007

Demographics where good 1996-2007... speculation happened..

We had the Great Recession and we got out of it in 18 months

This isn't 1929

This is 2016

So, you've posted multiple times now without ever addressing the one topic I raised--wealth disparity.

All you can do is run.

I have no doubt.

I don't think demographics are the main reason for over-investment.

Tampajoe says

I raised--wealth disparity.

Why does wealth assets have to do with consumption

The extreme left wing radicals in this country who hate wealthy people.. fine

Believe that net asset wealth or the $ hording by 1% somehow means the system is going to collapse because people don't spend

Yet the Middle class in this country from 1967 -2015 shrunk more due to more Americans making 100K

"Why does wealth assets have to do with consumption"

Nominated.

It's hard to buy stuff without assets. If you go to the store, they usually expect you to, you know, pay for anything you want to bring home.

No wealth = no demand. Doesn't matter if one is "prime working age" or not.

Now if the country's middle class were high school drop outs and 2nd wage earners.. then you could have a thesis that would make sense, and yet 70 years of data would disagree with that

Anti American left ... now that women are working and making money, always forget the college educated dual income power we have

I don't hate America. Logan sure seems to be anti-American

I don't cry or whine, either. I'm open to the possibility, that the next economic shitstorm, won't be your standard recession. People like Logan can't see it coming, because they are stuck inside of a box.

errc says

People like Logan can't see it coming,

I am going to bury all of you left wing people on this site just as I did the right wing people the last few years

You are all trapped in this

Great Depression II thesis

You picked the wrong country to bet against...

I will never let any of you Left Wing people off the hook

Peddling Fiction ..... President Obama ....

You seem confused

Confused is putting it kindly.

errc says

You seem confused

Not blinded or confused

The radial left wing people .... all use Great Depression II thesis to show the great corrupted American economy

This is all a trap... to get all the left wing people on line in one theme

You hide behind fake names for a reason

You use fake photos for a reason

Men don't hide behind fake names... Men don't build walls

Men... lead...

Don't use pathetic crash theories to push economic ideological

All you left wing people on this site ...

Next 20 years... get use to it... It is going to be my honor smoking you all out piece by piece

Our educated women alone destroys your radical anti American agenda

Straw man is the wrong word. I can't even figure what it is you've constructed here.

There's no agenda, just observations and exchange of ideas.

You're posting all these charts, about where we've been. We're over here talking about where we're going

Why not take your charts, and plot out the future. How you expect them to behave over the next decade or two

OK Logan--

Let me try to open your mind. Can you consider the possibility that money has been flowing up to the top 0.1% for the last 30+ years as shown by the wealth disparity charts? And that this wealth concentration is what's causing interest rates to go lower and lower as there is more and more money sitting around looking for investments?

Once you understand that mechanism, then you can realize that at some point, the 0.1% will have bled the economy dry. The Federal Reserve is doing everything it can to keep that from happening, but at some point they may run out of grease and the shit will hit the fan. It won't be tomorrow, it may not be in 2 years, but we're on a path that leads to trouble.

And flag waving, chest bumping won't stop it.

Logan Mohtashami says

I am going to bury all of you left wing people on this site just as I did the right wing people the last few years

This must be good for your ratings?

errc says

Straw man

Straw Man

Straw Man

My thesis is simply

No Great Depression going to happen and in the next decade the America cycle will be fine...

TIME STAMP THIS Now

Your Great Depression II thesis in the next recession will never happen

All of you have to apologize to your readers for such a worthless economic theory

That's what I want your readers to know

How terrible you all are

Tampajoe says

realize that at some point, the 0.1% will have bled the economy dry.

clearly

U.S. consumption is at all time highs

155 Million plus working

Real wages are at all time highs

Net Asset worth is at all time highs

Highest Job openings int he history of the world

Amanda Perry Tatu or whatever you call yourself today

We are the baddest country on the planet and that's why you don't move your family away

Roberto was here and he wasn't playing the Pat.net game

He would agree that your Great Depression II thesis in the next few years is worthless

So basically your thesis is

No Great Depression going to happen and in the next decade the America cycle will be fine...

That's some great insight there, bub. Quite prescient

Logan Mohtashami says

He would agree that your Great Depression II thesis in the next few years is worthless

and beyond?

Just wait until after the elections, the DNC has some serious law suits it's going to bankrupt them.

The Democrats are trying not to beat the class action law suit. But their case will only strengthen our case.

foriegners that hate us can vote.

Isn't it obvious? The opponent of status quo is a clown. And Americans aren't quite ready to elect a clown.

Ironman says

so many are unhappy with the job their elected officials are doing??

Hurr, durr, uh, 'cuz Hillary ain't running for congress??

Ya see, Cletus, the presidency and Congress is, like, 2 different thangs!!

Some folks has noticed that the GOP controllin' Congress is a bunch of anti-science obstructionist religious fanatics!!??

Tha's why that there Obama has got hisself a 53 percent approval ratin', much higher 'n' them there congressional numbers!!

$60M marketing campaign, and 20 states with Walmart the #1 Employer.

Also the organizer is out to help the rank and file citizens.

He tells us that with smiles and high fives each day - so it must be true. Dont worry about the wars brewing, the 1% GDP, the vacuuming out of manufacturing and R&D.

Lies, Deception, Rhetoric are part of the coursework for crooked Lawyers, so it would appear.

Remember the Liberal Democrats God Alinsky's 13 commandments:

Heres a section from Alinskys book:

First Rule: Always remember the first rule of power tactics: Power is not only what you have but what the enemy thinks you have.

The second rule is: Never go outside the experience of your people. When an action is outside the experience of the people, the result is confusion, fear, and retreat.

The third rule is: Wherever possible go outside the experience of the enemy. Here you want to cause confusion, fear, and retreat.

The fourth rule is: Make the enemy live up to their own book of rules. You can kill them with this, for they can no more obey their own rules than the Christian church can live up to Christianity.

The fourth rule carries within it the fifth rule: Ridicule is man's most potent weapon. It is almost impossible to counterattack ridicule. Also it infuriates the opposition, who then react to your advantage.

The sixth rule is: A good tactic is one that your people enjoy. If your people are not having a ball doing it, there is something very wrong with the tactic.

The seventh rule: A tactic that drags on too long becomes a drag. Man can sustain militant interest in any issue for only a limited time, after which it becomes a ritualistic commitment, like going to church on Sunday mornings.

The eighth rule: Keep the pressure on, with different tactics and actions, and utilize all events of the period for your purpose.

The ninth rule: The threat is usually more terrifying than the thing itself.

The tenth rule: The major premise for tactics is the development of operations that will maintain a constant pressure upon the opposition. It is this unceasing pressure that results in the reactions from the opposition that are essential for the success of the campaign.

The eleventh rule is: If you push a negative hard and deep enough it will break through into its counterside; this is based on the principle that every positive has its negative.

The twelfth rule: The price of a successful attack is a constructive alternative. You cannot risk being trapped by the enemy in his sudden agreement with your demand and saying "You're right — we don't know what to do about this issue. Now you tell us."

The thirteenth rule: Pick the target, freeze it, personalize it, and polarize it.

These Rules for Radicals are devoid of morals, of real solutions. They can only destroy not manufacture any useful thing. These commandment are orders for anarchy and keeping people in poverty, and making everyone else impoverished as an end goal.

I really wish that people would quit obsessing over the polls.

Wasted energy & mental anguish needlessly expended.

Dumb ass R& D voters motto: "It's not my fault."
I just can't get it thru my thick skull.

Ironman says

when so many are unhappy with the job their elected officials are doing??

8e6e0 says

I really wish taht people would quit obsessing over the polls.

Wasted energy & mental anguish needlessly expended.

The polls are GOD. What will GOD decide tomorrow?

Entitlemented says

These Rules for Radicals are devoid of morals, of real solutions.

Looks as if Gingrich, Rudy, Eric Cantor, Paul Ryan and Mitch McConnell all read that book twice.

There is only one explanation...
The polls about congressional job approval and the direction of the country are rigged!

No no - that is not it.
People want change, but only if it is in the right direction. They don't want a clown muppet to take the whole country on a trip to the shitter so that we can all experience his shame spiral.

No no - that is not it.
The oligarchs have rigged everything. They have rigged the polls and paid off the media to lie to us in a desperate attempt to fool us into electing their puppet and cover up the impending ballot fraud. Only the Wikileaks Albino, Alex Jones, and Breitbart speak the truth. We must watch the polls so that Trump will win in a landslide and save the country!