My frame of reference comes from a deep understanding human nature, world history and economics.
Where does yours come from? A 50-60 year 'progressive' political wave divorced from reality - pure ideology.
Anyone can live beyond their means, but only for a limited time.
In the eyes of Keynesians, bubbles never exist...until they pop. Then "it's the market's fault!" and "greedy capitalist swine on Wall Street!" LOL
Libtards are too predictable...
Ahhh I get it. You'll be right one day, just not in the last 7 years, lol. Let me know when you figure out why gold isn't $5k, the stock market 5k, and why we don't have hyperinflation. And if you say it's because of central planners then you are basically admitting they're doing a great job, lol.
The housing bubble lasted more than 10 years. Only Austrians like Peter Schiff called it what it was, which of course is why the loons on the left have been attacking him ever since. Libtards don't take too kindly to anyone who has the temerity to burst their naive ideological bubbles.
Your perspective is hysterical - 6 years! It's the same thing with your "climate change" bullshit - a faulty theory which stubbornly clings to absurd, statistically meaningless short-term periods of 'warming' or 'cooling' (whatever fits the statist ideology at the time).
Pride goeth before destruction, and an haughty spirit before a fall. If you could make the world rich by printing unlimited amounts of money, then humans have been making a huge mistake for thousands of years.
Once these central banks begin reducing their totally bloated, abnormal, freakishly large balance sheets, all the speculators will start dumping their bonds in a heartbeat.
That's what happened to Greece where central planners were doing a great job...until they weren't.
Why don't you tell me how this is all going to end, Guesser?
This insanity has only been going on for, well, 40-50 years, which, looking at the big picture isn't a hell of a long time. The central planners managed to avoid the last economic collapse but - again - only by borrowing from the future and leveraging themselves (YOU!) even further.
Right now government policy, taxes and free money from the Fed do nothing but encourage too much debt, too much speculation and not enough productive real investment and growth in the economy. That's why 1/3 of the country are on food stamps. Good for you if you've made a decent profit in this bubble (assuming you've cashed out, since you could lose it all and then some tomorrow).
The central planners keep kicking the can down the road...but for how long?
Why don't you tell me how this is all going to end, Guesser?
This insanity has only been going on for, well, 40-50 years, which, looking at the big picture isn't a hell of a long time. The central planners managed to avoid the last economic collapse but - again - only by borrowing from the future and leveraging themselves (YOU!) even further.
Right now government policy, taxes and free money from the Fed do nothing but encourage too much debt, too much speculation and not enough productive real investment and growth in the economy. That's why 1/3 of the country are on food stamps. Good for you if you've made a decent profit in this bubble (assuming you've cashed out, since you could lose it all and then some tomorrow).
The central planners keep kicking the can down the road...but for how long?
I'm not the idiot predicting 5,000 Dow, so I don't know how or when it's going to end. I'm just enjoying and profiting from the ride. I won't consider cashing out before 2017. Even If I lose 30% between now and then, I'll still be Waaaaaaaaaaay ahead of the game.
I'm asking YOU for a specific date, I'll even give you a 6 month window. You're the one making the prediction/begging, wishing and hoping it'll be true, because you're just a blind homer.
Some Cub Fan said they'd win the World Series after 1908. Eventually he'll be right, but he went broke long before that, betting on it every year. Blind Homerism does that.
They said the same thing in 1937 when the debt was $42 billion, they said the same thing when the debt was $500 billion, $1 trillion, $5 trillion, $10 trillion... you retards will be saying the same thing when it is $50 trillion, $100 trillion, $1 quadrillion. It just never stops. How many times do you have to be wrong before you question why what you believe never comes true?
Because akphidelt-onomics doesn't work.
You're not creating anything except astronomical debt, dependence and artificial bubbles.
Pretty sad when the only people who are benefiting from this bullshit economy are those invested in this Fed-induced bubble called the stock market.
The rest of the people have been utterly screwed over and don't even know it.
Relatively, your frame of reference doesn't extend beyond 50 or so years on anything, so I'm not surprised an ignoramus like you would accuse someone of not understanding economics or how to read data. You think this is the new normal, lol.
Your Marxist professor probably taught you the "free market" caused the Great Depression.
The Government and the Great Depression.
http://www.cato.org/sites/cato.org/files/pubs/pdf/tbb-0508-25.pdf
Same ol', same ol'....when central planners fail they blame everyone else and plan even more!
You're just making up stuff again. Remember when you believed your clown sources that gold would go to $5k and Dow to 5k? Remember that when you site them again, lol. They obviously are just feeding you bullshit. There is absolutely nothing going on right now that is of any significance relative to our nation's history. Sorry about your badass luck, I realize you want this country to fail but it's just not. It's actually better than it was at any point in American history.
