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25 Responses to ““We are out of the woods for good.””
Great video Don. It really is all so totally ludicrous. I don’t know why anyone bothers to pay their bills anymore since the current “conventional wisdom” is to NOT pay.
its funny. once “The Consumer” has gotten themselves into unrecoverable debt, they become an obama supporter. damm commies are clever. Educational movies: They Live..Roddy Piper Dr Strangelove Peter Sellers, George C Scott, SLim Pickens.
Most of the gains in the economy right now are due to the fact that most processes in the US economy don’t require those who created them to keep them going. This is most obvious in IT and software development which did get hit (not as bad as construction, but damn close to it). Thus, when you lay off the process creators, leaving only process maintainers behind, the productivity in the quarterly reports rise steadily (along with their reported profits). So Wall St is fine, but Main St isn’t.
Have the Wall Street sociopathicmania been so contigious that they spilled over to the media sector? May be not – these reporters, writers need a job to put food on the table. The question is – hut how long can they keep doing it before the bubble finally, finally burts!?!
Its a complete puppet show out there in the MSM… Thank you for pointing this crap out… even though it grows tiresome, it is important to document for future generations, who will someday wonder, how people could be so stupid as to flush their country down the toilet.
I love you Don and agree with you but have a little input. I am an aircraft mechanic on business jets. Business is solid atm, way up from a year ago. Seems the rich are going strong.
Thanks for the mention Don. This is funny. It does say “corporate” America is back, that may mean big bankers, not us regular folks, we’re not “back”! That picture is probably of girlfriends of Goldman Sachs executives on their private yacht, not average Americans on a cruise ship!
@masterplumbermark I dunno. Germany and France both have no choice, really. They’ll either bail out Greece or monetize their own banks (like we did). Just depends on how committed they are to the EU. And yes, I’m sure our boys will have a hand in it, too. Failing that, the IMF will be more than happy to monetize Greece with SDR’s- for a price. The price? Global serfdom.
Great video Don. It really is all so totally ludicrous. I don’t know why anyone bothers to pay their bills anymore since the current “conventional wisdom” is to NOT pay.
“Why can’t i get a job as an economist? Because i don’t lie and make things up”……..classic!
@62636263c I think I can find a job, I think I can find a job, I think I can find a job.
What is the TIP bond rate?
Does it match the inflation rate for food and energy?
Hilarious! Great vid Don.
Good work Don
Consummate Genius
its funny. once “The Consumer” has gotten themselves into unrecoverable debt, they become an obama supporter. damm commies are clever. Educational movies: They Live..Roddy Piper Dr Strangelove Peter Sellers, George C Scott, SLim Pickens.
Most of the gains in the economy right now are due to the fact that most processes in the US economy don’t require those who created them to keep them going. This is most obvious in IT and software development which did get hit (not as bad as construction, but damn close to it). Thus, when you lay off the process creators, leaving only process maintainers behind, the productivity in the quarterly reports rise steadily (along with their reported profits). So Wall St is fine, but Main St isn’t.
Prostitution? Drug dealing? Where is the money coming from? Counterfeiting?
last line was the best – “American” not consumer.
Hi Don, you probably don’t need a human being to write stuff like that.
AMEN!!!!! Bother Don!!! PREACH!!! LOL!
Have the Wall Street sociopathicmania been so contigious that they spilled over to the media sector? May be not – these reporters, writers need a job to put food on the table. The question is – hut how long can they keep doing it before the bubble finally, finally burts!?!
Let’s go out and TAKE a cruise! woohoo!
I used to pay 10 dollars for a bag of 50lbs onion for my business right now cost me 50 dollars .
Is this Inflation???
Its a complete puppet show out there in the MSM… Thank you for pointing this crap out… even though it grows tiresome, it is important to document for future generations, who will someday wonder, how people could be so stupid as to flush their country down the toilet.
Excellent video.
)
@Mastinox803 – The rich may be going strong. But, they are going strong on the backs of the other 99%. Thanks for the comment and insight.
I love you Don and agree with you but have a little input. I am an aircraft mechanic on business jets. Business is solid atm, way up from a year ago. Seems the rich are going strong.
A funny one today on CNBC an announcer said if Greece defaults Europe may go into a recession. Hmmm?
@WDeet – Glad you caught that. I did not want to name names because you did not give me the okay. But, I’m glad you heard me give it away, baby.
Thanks for the mention Don. This is funny. It does say “corporate” America is back, that may mean big bankers, not us regular folks, we’re not “back”! That picture is probably of girlfriends of Goldman Sachs executives on their private yacht, not average Americans on a cruise ship!
@masterplumbermark I dunno. Germany and France both have no choice, really. They’ll either bail out Greece or monetize their own banks (like we did). Just depends on how committed they are to the EU. And yes, I’m sure our boys will have a hand in it, too. Failing that, the IMF will be more than happy to monetize Greece with SDR’s- for a price. The price? Global serfdom.
These fools are just tools of the corporate owned media…anyone who thinks differently has not been paying attention.