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  1. Replies
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    CBDC will be used before they go to gold,...

    CBDC will be used before they go to gold, otherwise gold explodes up and out of control, that won't help anyone, never did, then gold didn't circulate, it was hoarded, much like it is now. Asian...
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    Welcome to the gig economy. Nice downdraft in...

    Welcome to the gig economy. Nice downdraft in equities the last 10 days, started out slow but speeding up. Bonds looking good then.
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    328,886

    Corporate debt, 2009 5 trillion, 2019, 10...

    Corporate debt, 2009 5 trillion, 2019, 10 trillion....
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    328,886

    China needs bank regulation, some of the bank...

    China needs bank regulation, some of the bank runs are from rumor mills.
    https://www.nytimes.com/2019/11/07/business/china-bank-run.html


    Corporate debt nears 10 trillion. Kind of a neat thing,...
  5. Replies
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    328,886

    If the rate on the mortgage is less than a rate...

    If the rate on the mortgage is less than a rate you could get somewhere else go the other route. I have a mortgage rate of 2.625, although I could pay it off anytime it makes no sense to do so,...
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    I think the banks will be just fine. I like the...

    I think the banks will be just fine. I like the article about the savers, what hogwash that they would blame people who save money for sluggish economy, which really isn't sluggish. If yah read...
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    Why won't lower rates help.. Unemployment rate...

    Why won't lower rates help.. Unemployment rate just hit a 50 year low. Home builder sentiment on the up.

    Didn't Wells Fargo have fictitious accounts..
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    328,886

    Then it nose dived another 500 today, which I...

    Then it nose dived another 500 today, which I just refer to as up/down. How about stall speed, or maybe an end to the next economic cycle, or how about a slower stall speed, I think you need piper...
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    681
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    328,886

    I somehow thought the stock market was going to...

    I somehow thought the stock market was going to go up today and it took a 300 point dive instead.
  10. Replies
    681
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    328,886

    Totally, debt is becoming more free. A good...

    Totally, debt is becoming more free. A good example is my home loan, 2.625/15 year, and it's such a small loan, most banksters wouldn't touch it because it's borderline beating inflation. A rate...
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    Used car prices have been falling now since last...

    Used car prices have been falling now since last September. Some of us don't have to worry much about it because we read consumer reports, take care of our stuff, maybe quit driving so much, and can...
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    I didn't even know dress barn existed, and...

    I didn't even know dress barn existed, and apparently it's been a household name for 50 years. Dept. stores are in the hurt except home depot and lowes. Corporate debt up & up. Nothing new, debt...
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    It will be awhile yet, it takes at least a year...

    It will be awhile yet, it takes at least a year to slow down the U.S. economy, and it's no slowing down yet. Closing retail stores won't put a dent in this thing, although maybe a precursor, people...
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    328,886

    I think the world is doing a fine job of ignoring...

    I think the world is doing a fine job of ignoring economic reality.
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