Thread: The strongest economy in the world

Another month another decline from the "hoped for" economic miracle the POTUSE predicted. A non-positive move from 2.5 - 3.0% GDP growth, to the now forecast 0.6%

Originally Posted by OhOh

Another month another decline from the "hoped for" economic miracle the POTUSE predicted. A non-positive move from 2.5 - 3.0% GDP growth, to the now forecast 0.6%

0.6%

Is very low, but that's below the average with is around 1.6% or so.

I expect low GDP growth for some years to come.

And these "forecasts."

Originally Posted by OhOh

Another month another decline from the "hoped for" economic miracle the POTUSE predicted. A non-positive move from 2.5 - 3.0% GDP growth, to the now forecast 0.6%

Please put up a link.

I goggled this stat you put up cannot find anything.

As requested.

https://www.frbatlanta.org/cqer/rese...w.aspx?panel=1

"Hard" Economic Data Slides To One Year Lows | Zero Hedge

Dow Tumbles Below Key Technical Level As VIX Spikes Over 15 | Zero Hedge


Bank Stocks Slammed As Treasury Curve Crumbles To 6-Month Lows | Zero Hedge

Link as post No. 3004

paper tiger...

Originally Posted by Cold Pizza

I goggled this stat you put up cannot find anything.

try google.

Schiff may (or may not have a point). But he is noting things that the mainstream media is ignoring.

Peter Schiff Warns This One Event Will Wipe Out Entire Generations of Retirees

https://moneymorning.com/2017/04/17/...s-of-retirees/

Has the economy collapsed yet? Just askin.

Originally Posted by Cold Pizza

Schiff may (or may not have a point). But he is noting things that the mainstream media is ignoring.

Peter Schiff Warns This One Event Will Wipe Out Entire Generations of Retirees

https://moneymorning.com/2017/04/17/...s-of-retirees/

I agree with some of Schiff's ideas, such as over regulation and long term expansion of the money supply, but his main message is gloom and doom. Add Marc Farber and too a degree Jim Rogers.

I'd rather learn from Warren Buffet

Originally Posted by Lancelot

Originally Posted by Cold Pizza

Schiff may (or may not have a point). But he is noting things that the mainstream media is ignoring.

Peter Schiff Warns This One Event Will Wipe Out Entire Generations of Retirees

https://moneymorning.com/2017/04/17/...s-of-retirees/

I agree with some of Schiff's ideas, such as over regulation and long term expansion of the money supply, but his main message is gloom and doom. Add Marc Farber and too a degree Jim Rogers.

I'd rather learn from Warren Buffet

After (casually) following Schiff, Faber and Rogers since at least 2009, I see them the say way a you do.

Their message never changes: gloom & doom.

Then they explain all of the reasons. The things they explain (or actually, just tell us) are indeed facts that are happening.

It's what, if anything, will be the result of these things they constantly refer.

I think think Schiff expanded his audience with his debate with Art Laffur in 2006 when Schiff predicted the crash and said things were not going well - not well at all.

Schiff was correct.


Is he correct now? Faber and Rogers?


I suppose we'll have to wait a couple or few years.

Is this the thread with all the graphs that nobody looks at?

As the Clinton campaign, DNC, and mainstream media repeatedly told us:

"Things are going great in America."

U.S. Economy Grew 0.7% in First Quarter, Slowest in Three Years
by Sho Chandra
April 28, 2017

https://www.bloomberg.com/news/artic...in-three-years

Originally Posted by Cold Pizza

U.S. Economy Grew 0.7% in First Quarter, Slowest in Three Years

Perhaps due to the POTUS's order: stop the ships with containers coming daily to US coast, make more jobs for US people...

^And perhaps pigs might fly.

Putting the numbers in a visual chart:


Billionaire Investor Paul Tudor Jones Says Stock Market Valuation Is “Terrifying”
May 2, 2017 by The Doc




As you can see, the value of stocks in the US is higher now than at any time in history versus GDP.





Billionaire Investor Paul Tudor Jones Says Stock Market Valuation Is ?Terrifying? | Silver Doctors

Have any numbers of the revenue/debt number per employed ameristani?

Probably find those on the debt clock. Got to have quick eyes the numbers change so fast.

U.S. National Debt Clock : Real Time

Originally Posted by OhOh

Another month another decline from the "hoped for" economic miracle the POTUSE predicted. A non-positive move from 2.5 - 3.0% GDP growth, to the now forecast 0.6%

Originally Posted by Cold Pizza

As you can see, the value of stocks in the US is higher now than at any time in history versus GDP.

And yet stock market continues its meteoric rise. Based on....well, seems to me its pretty much based on nothing other than being the only game in town at this point. Certainly not based on any sort of rational fundamentals.

Low interest rates can only hold up a house of cards for so long. History provides plenty of guidance for what comes next. Just a waiting game at this point....

Originally Posted by redhaze

Originally Posted by OhOh

Another month another decline from the "hoped for" economic miracle the POTUSE predicted. A non-positive move from 2.5 - 3.0% GDP growth, to the now forecast 0.6%

Originally Posted by Cold Pizza

As you can see, the value of stocks in the US is higher now than at any time in history versus GDP.

And yet stock market continues its meteoric rise. Based on....well, seems to me its pretty much based on nothing other than being the only game in town at this point. Certainly not based on any sort of rational fundamentals.

Low interest rates can only hold up a house of cards for so long. History provides plenty of guidance for what comes next. Just a waiting game at this point....

Exactly.

It is a waiting game....

Originally Posted by redhaze

Low interest rates can only hold up a house of cards for so long. History provides plenty of guidance for what comes next. Just a waiting game at this point....

President 'Herbert Hoover II' Trump?

Trump inherited this, like most other Presidents. He will not fix it, but also cannot fix it.

Originally Posted by Cold Pizza

Trump inherited this, like most other Presidents. He will not fix it, but also cannot fix it.

The pissed on orange haired potuse did not inherit it, he adopted and continues to promote the failed policies, he promised/campaigned to solve it. He swore an oath when elected he has shown the falseness, once again, of the ameristani political system.

Many people do not want to wait, cannot afford to wait, will starve/die/kill before his "promises" are delivered.

But as others have illustrated what else can a POTUSE candidate do but lie. Why, because "it's worth it to him personally".

Originally Posted by OhOh

Originally Posted by Cold Pizza

Trump inherited this, like most other Presidents. He will not fix it, but also cannot fix it.

The pissed on orange haired potuse did not inherit it, he adopted and continues to promote the failed policies, he promised/campaigned to solve it. He swore an oath when elected he has shown the falseness, once again, of the ameristani political system.

Manu people do not want to wait, cannot afford to wait, will starve/die/kill before his "promises" are delivered.

But as others have illustrated what else can a POTUSE candidate do but lie. Why, because "it's worth it to him personally".

Nice drunken post with no specifics.