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Email this10:38 am
October 29, 2017
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Rate decreases are more likely, not hikes. Especially in the U.S.
2:02 am
June 4, 2019
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The truth is financial "crisis" is always here. But we're so used to it, we even don't notice
5:54 pm
September 11, 2013
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Lumi, if you think we're living in times of financial crisis I have to ask: have you ever read about the 1930s in North America or about between the two world wars in Germany, as random examples of actual financial crises? In fact, we are living in times of general prosperity the likes of which the 99% have never even remotely experienced.
6:39 pm
February 20, 2018
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My grandparent use to say during the depression u could tell who was a teacher they wore a new suit
6:11 am
June 4, 2019
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Bill said
Lumi, if you think we're living in times of financial crisis I have to ask: have you ever read about the 1930s in North America or about between the two world wars in Germany, as random examples of actual financial crises? In fact, we are living in times of general prosperity the likes of which the 99% have never even remotely experienced.
And 500 years ago people got killed on the streets. For them we're living in paradise, but for us our realities - we're always moaning. This is shame.. and truth. We're human. Human is always human :/
7:02 am
February 20, 2018
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No worries stock market is forecasting strength or is it just complicit money managers. If things were bad it be falling off a cliff. In the past an international incident triggered a fall.
8:10 am
September 11, 2013
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Lumi, I agree, many people DO moan and complain. But I also know many who have an attitude of gratitude (does that make me a rapper!?) for the mostly easy, sweet lives we get to live these days. And positivity, they tell us, is important even for the health of the economy.
6:47 pm
October 29, 2017
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Some good news..
https://www.cbc.ca/news/business/tariffs-mexico-deal-1.5167721
7:11 am
February 20, 2018
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"Friends" of the BoC will spin good news into bad to keep rates down for their interests
10:35 pm
October 29, 2017
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hotmony said
"Friends" of the BoC will spin good news into bad to keep rates down for their interests
Pun intended, right?
1:39 am
February 27, 2018
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Vatox.... you're definitely not a glass half empty, half full kind of person. Your glass is empty.
In today's fast paced media world, only the BAD news sells. If everyone stopped watching the 6 o'clock evening news, our blood pressure would decrease dramatically and we would live longer, happier lives.
If you're a conspiracy kind of person (which i believe you are) you must realize... we are all being manipulated and then this all becomes a self fulfilling prophecy. Yes, the world is going to end but i don't think it's going to happen in my lifetime.
Moon landing? As a kid we drank Tang, the drink of astronauts. But hell, for two weeks i've been watching toronto city workers fix my curb and sidewalks... these workers barely walk upright, i doubt they have the ability to tie their own shoes.
So as for going to the moon... it's a lost technology much like the building of the pyramids.
Peace on
6:29 am
October 29, 2017
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Lol, I’m not just reading the news, I analyze the underlying foundations. And the foundations are rotten.
7:49 am
February 20, 2018
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Vatox said
Lol, I’m not just reading the news, I analyze the underlying foundations. And the foundations are rotten.
So ur expectin a stock market crash. Companies are doing lousy. The american economy is lousy.
9:24 am
October 29, 2017
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I don’t know how it will play out. I suspect something like Italy to be the next trigger and then liquidity will dry up and we will have global default problems. Everything in the world is currently held together by credit and it won’t keep going forever. We are in the longest running bull market in history which is seriously overvalued.
I think people underestimate what’s really happening out there, especially the conditions in the EU. The world has depleted most of its mechanisms to counter economic downturns and that means it’s really going to hurt this time around.
This doesn’t necessarily mean it will happen next week, but it is pretty much imminent. Even if trade deals all harmonize the global economy, the credit problem is still there, stimulus and spending can’t remedy the situation and will only postpone and increase the fallout. And that is exactly what’s happening, the EU is talking rate cuts and stimulus and the FED is also talking rate cuts.
11:47 am
February 20, 2018
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So what ur saying is when liquidity dries up interest rates will shoot up.
3:29 pm
October 29, 2017
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hotmony said
So what ur saying is when liquidity dries up interest rates will shoot up.
No, I see interest rates lower for a seriously long time. I don’t see interest rates rising much until the Reset is finished and a world with less credit emerges. The stock market will plunge, but that’s only the start of the Reset.
3:56 pm
October 21, 2013
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I'm no expert,but it seems to me they've tacitly decided to live with all this debt. What matters is whether the debt gets called in. And it seems to me that is a political question. Low interest rates mean they can all sustain the debt longer.
There are enough narcissists and mentally unbalanced people out there running governments that anything could happen.
4:53 pm
February 20, 2018
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Vatox said
No, I see interest rates lower for a seriously long time. I don’t see interest rates rising much until the Reset is finished and a world with less credit emerges. The stock market will plunge, but that’s only the start of the Reset.
How can there be less credit with super low interest rates..
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