You tell him, Walrus. Ask him about those interest rates too and check if my Janet and John books were right.
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You tell him, Walrus. Ask him about those interest rates too and check if my Janet and John books were right.
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These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
I just heard the fed is expecting a 20 trillion dollar deficit due in part to Obama care. Some are saying it could be 30 trillion which means probably 100 trillion.
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Any debt the US government incurs is due in part to every single thing the government spends money on. Obamacare is a tiny fraction of the government budget. And thirty billion in relation to what? When do they predict debt levels will be that high? And what do they predict GDP will be then? You're aware the debt level is irrelevant provided GDP keeps pace, right? That that debt will never be paid back and that it doesn't matter?
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What you've been saying for about eight years is that interest rates would soar as governments would have to pay big premiums to get people to buy their worthless dollar/sterling euro debt.
You spent eight years predicting hyperinflation when we're seeing eight years of one percent inflation. If stock markets going up is hyperinflation, then surely the current big current falls in the markets means we're seeing massive deflation? How is that possible?
You've been claiming the dollar is becoming worthless for eight years now.
So everything you've been saying for the last eight years has proved to be diametrically opposed to reality. You fucking fruit loop.
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Interest rates haven't soared and that has been my point. For some reason you fail to compute this. Instead you waffle on with a bunch of untruths as is your will and way. I have always maintained that when interest rates rise the system collapses. Why is that so difficult for you to comprehend? It's like talking to a Geordie or something.
Walrus is right. You cannot discuss things with people who make stuff up and talk streams of nonsense. If you do not understand what is going on or the different types of inflation/deflation then you are in the correct trade.
Back to my Janet and John books now. I look forward to the next interest rate hikes. Pfft.
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Yes, I should have known not to try and debate economics and finance with a Korean English teacher. What could I know with only my twenty five year career in the financial industry as experience and knowledge cmpared to somebody who teaches English in Korea.
So you think when interest rates rise the system collases. How does it collapse? Give me what you think is a likely scenario. How will interest rates rise if central banks don't want them to? Why will they cause the system to collapse? Hmmm?
Also, too, explain to me the different types of inflation and deflation and also what is going on now. Help me understand it.
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"You cannot taper a ponzi scheme" said Janet to young John. Repeat after me kiddies "You cannot taper a ponzi scheme".
What a nut, the GDP expanded .7 percent last quarter. So you the the debt is not an issue for our economy. What an utter utter utter know it all who doesn't. I wouldn't bother arguing with you, my cat is actually much better at human intersections. And give us back forum gay of the year's, @miles has waited long enough. Take that tiara out of your ass and give it here you tiara hoarder utter homo thug
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