Is Trump going to make president?
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| Hoof Hearted 27 Feb 17 11.28am | |
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Originally posted by .TUX.
I'm sure he knows more than i'll ever know. Here's to things working out well for both of us Just can't help feeling you've missed a huge opportunity by not investing TUX. The world economy is not going to fall off a cliff edge overnight anyway... if it does "retreat" there will be plenty of time to "cash out" without panicking..... I hope
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 mezzer  Main Stand, Block F, Row 20 seat 1... 27 Feb 17 11.47am |
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Doesn't have to be a binary decision Hoof, being invested or not. Just need to be very aware that we have not seen a prolonged bear market since the 2000-2003 one (on the back of the tech boom) and QE has FORCED investors to take risk against the low interest rate/low inflationary backdrop the Financial Crisis produced. QE is an experiment that NO ONE knows how it will end. If markets are artificially inflated on the way up, what stands to reason when that unwinds? Trump is a red herring. He's a consequence of the credit crunch. A lot of pain lies ahead, but we don't know when. It makes sense to sidle towards the exit while the party is in full swing (Complacency Index at an all time high). And don't forget, there are only 10 types of people in this world - those that understand binary and those that don't.
Living down here does have some advantages. At least you can see them cry. |
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| Hoof Hearted 27 Feb 17 11.51am | |
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Originally posted by mezzer
Doesn't have to be a binary decision Hoof, being invested or not. Just need to be very aware that we have not seen a prolonged bear market since the 2000-2003 one (on the back of the tech boom) and QE has FORCED investors to take risk against the low interest rate/low inflationary backdrop the Financial Crisis produced. QE is an experiment that NO ONE knows how it will end. If markets are artificially inflated on the way up, what stands to reason when that unwinds? Trump is a red herring. He's a consequence of the credit crunch. A lot of pain lies ahead, but we don't know when. It makes sense to sidle towards the exit while the party is in full swing (Complacency Index at an all time high). And don't forget, there are only 10 types of people in this world - those that understand binary and those that don't. Its the way you tell 'em mezzer!
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| .TUX. 27 Feb 17 6.26pm |
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Originally posted by Hoof Hearted
Just can't help feeling you've missed a huge opportunity by not investing TUX. The world economy is not going to fall off a cliff edge overnight anyway... if it does "retreat" there will be plenty of time to "cash out" without panicking..... I hope I really appreciate the heads-up bud but i think i'm fine as i am.
Buy Litecoin. |
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| .TUX. 27 Feb 17 8.25pm |
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Originally posted by mezzer
Doesn't have to be a binary decision Hoof, being invested or not. Just need to be very aware that we have not seen a prolonged bear market since the 2000-2003 one (on the back of the tech boom) and QE has FORCED investors to take risk against the low interest rate/low inflationary backdrop the Financial Crisis produced. QE is an experiment that NO ONE knows how it will end. If markets are artificially inflated on the way up, what stands to reason when that unwinds? Trump is a red herring. He's a consequence of the credit crunch. A lot of pain lies ahead, but we don't know when. It makes sense to sidle towards the exit while the party is in full swing (Complacency Index at an all time high). And don't forget, there are only 10 types of people in this world - those that understand binary and those that don't. Continually borrowing from the future to spend in the present can only end up with one result.
Buy Litecoin. |
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| mezzer Main Stand, Block F, Row 20 seat 1... 28 Feb 17 9.27am |
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One of the things that worries me is that the solution to the biggest debt crisis of all time is to borrow more when the electorate gets fed up with paying debt back. The problem is democracy, sadly. No Government has time to do what is actually needed in order to pay down the debt as the next election comes around before policies have had a chance to work. Which explains Trump, Brexit, populism in Europe and so on. No one feels like things are working for them. I'm not saying that I disagree with democracy - far from it, my Dad and his family fought for it - but the ultimate solution to all this won't be pretty.
Living down here does have some advantages. At least you can see them cry. |
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| legaleagle 28 Feb 17 9.40am |
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Originally posted by mezzer
- but the ultimate solution to all this won't be pretty. Yup..the way things may pan out will be far from pretty...
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| jamiemartin721 Reading 28 Feb 17 10.16am |
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I don't think that can really be directly placed at the door of Donald Trump personally. Very indirectly maybe, but that would really place it at a lot of peoples doorsteps.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| jamiemartin721 Reading 28 Feb 17 10.22am |
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Originally posted by mezzer
One of the things that worries me is that the solution to the biggest debt crisis of all time is to borrow more when the electorate gets fed up with paying debt back. The problem is democracy, sadly. No Government has time to do what is actually needed in order to pay down the debt as the next election comes around before policies have had a chance to work. Which explains Trump, Brexit, populism in Europe and so on. No one feels like things are working for them. I'm not saying that I disagree with democracy - far from it, my Dad and his family fought for it - but the ultimate solution to all this won't be pretty. Problem with democracy is that you vote for the right decision, and everyone else votes to f**k you with switchblades. Democracy, like any political system, to work, requires that people are invested and interested in the functionality of state and all the boring dull bits. In truth, most people at best have a very limited knowledge or interest in such things, and are more interested in the rather superficial aspects, rather than the arguments. It becomes then about winning, rather than being right. So faced with a hard choice, that in the long term will pay off, and a short term fix that at best will only make things slightly worse, the latter is easily sold to the public. The sad thing, is that its better than the alternatives.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| jamiemartin721 Reading 28 Feb 17 10.25am |
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Originally posted by .TUX.
I really appreciate the heads-up bud but i think i'm fine as i am. Why would they do anything different, they got away with it last time, and in the run up to the crash, made massive bonuses and profits. The political elite aren't worried, they won't have to pay the price, and the people who run the assorted institutions aren't worried, because even if they lose their jobs, they'll make so much in the meantime, they'll be set. Its just the people who get f**ked.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| mezzer Main Stand, Block F, Row 20 seat 1... 28 Feb 17 10.34am |
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Originally posted by jamiemartin721
Problem with democracy is that you vote for the right decision, and everyone else votes to f**k you with switchblades. Democracy, like any political system, to work, requires that people are invested and interested in the functionality of state and all the boring dull bits. In truth, most people at best have a very limited knowledge or interest in such things, and are more interested in the rather superficial aspects, rather than the arguments. It becomes then about winning, rather than being right. So faced with a hard choice, that in the long term will pay off, and a short term fix that at best will only make things slightly worse, the latter is easily sold to the public. The sad thing, is that its better than the alternatives. Agreed. That's life, for the majority, in a nutshell. Slightly off topic, but I'm convinced that this lay behind why the Brexit vote has caused such angst. People had to make a definite decision - stay or leave - and didn't have a "spoiling" option. In short, they had to take personal responsibility for the choice they made, and now feel overly enpowered or aggrieved depending upon whether they "won" or "lost". If the latter, it's a personal affront. The Germans have effectively taken over Europe through the EU without a shot being fired this time, but now electorates are waking up, even if they're not sure what the reasons are behind it.
Living down here does have some advantages. At least you can see them cry. |
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| Username Horsham 28 Feb 17 10.40am |
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Originally posted by mezzer
Agreed. That's life, for the majority, in a nutshell. Slightly off topic, but I'm convinced that this lay behind why the Brexit vote has caused such angst. People had to make a definite decision - stay or leave - and didn't have a "spoiling" option. In short, they had to take personal responsibility for the choice they made, and now feel overly enpowered or aggrieved depending upon whether they "won" or "lost". If the latter, it's a personal affront. The Germans have effectively taken over Europe through the EU without a shot being fired this time, but now electorates are waking up, even if they're not sure what the reasons are behind it. There is also the third group, those who thought that voting leave WAS a spoiling option. I was astonished at how many people even just the morning after the vote were on TV expressing remorse about how they voted because they didn't think they'd win.
Employee of the month is a good example of how someone can be both a winner and a loser at the same time. |
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