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(Zero Hedge)   Will the world's greatest economic power please step forward? Not so fast there, Uncle Sam   (zerohedge.com) divider line 171
    More: Sad, Uncle Sam, BBVA, market power  
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5418 clicks; posted to Politics » on 06 Apr 2014 at 5:12 AM (23 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-04-06 04:16:20 PM

clowncar on fire: Fart_Machine: clowncar on fire: namatad: cameroncrazy1984: Trickle down already is an utter failure. There's no need for a company to take on employees if the demand isn't there. You can't create demand with corporate or high-income tax cuts

this this and MORE FARKING THIS

repeating a lie doesnt make it true  - it does if the majority believe it- that's what politics is all about
trickle down failed, time to move on- trickle down failed only because the economy failed.  The theory that investment would strengthen an economy only holds true in a sound economy
war on drugs failed, time to move on- not sure yet. Let's see what happens to Colorado over the next few years.  Having a "drugged" population does not make us all the better for it. Can you imagine the income lost on the purchase of drugs?  Alcohol has already proven detrimental.

2016 will be one of the most import elections of our lives.- It will be another year- same ol'- same ol'.  You'll see only what you want to see and dismiss that which doesn't fit in your plan
A gop president will destroy the recovery, such as it has been.If that is what you've already decided- then probably.  When we were down to 4+% unemployment under Bush, there wasn't a lot of biatching going on.  You've owned the economy for the last 6 years- good or bad.  you can blame the previous administration for the bad times, take credit for the good (and you should) if it helps ease the pain.  Things are still not great, we're still hurting in the employment department, we're still a nation divided by its political beliefs.
A dem president will at least keep things going. Historically- every president- for better or worse-- has kept things going.  This is about the only statement I have faith in.

So you really want to believe. Well OK. So it isn't that the theory is wrong it's that realty won't cooperate with it.

The theory was to give all the tax payers 300 back to spend as they chose.  Who would have thought they would chose to buy h ...


Also left out- people with excess tend to bank that excess to pass on to future generations to spend- thus a delay in the desired trickle.
 
2014-04-06 04:16:22 PM

vygramul: rumpelstiltskin: vygramul: rumpelstiltskin: vygramul: To tell someone they can't come because you've decided that it's not good for them is what irritates.

But when the market lies, an individual isn't in a position to decide what's good for himself. Self interest breaks down. Freedom breaks down. Who decides what is good?

I'll be the judge of what's good for me.

So say the young. Good luck.

So you're not the judge of what's good for you?


I decide what am I am to do. I make mistakes. What I do is not always best for me, but I don't pretend that "market prices" always provide me "information".
 
2014-04-06 04:23:20 PM

The Bruce Dickinson: From Exceptionalism to Mediocrity...

In Amerika, the Sun revolves around the Earth, Evolution is just a theory, climate change is denied by the clueless and the Bible is the source of all truth...

[consciouslifenews.com image 200x200]


Climate change, once referred to as global warming until reality gave it the smack down, is an ever evolving definition.  No one ever said the sun evolved around the earth (although the sun itself is not all that stationary), and the Bible is the source of truth for those who subscribe to such.  Evolution IS still a theory but its the best one we have so far so...
 
2014-04-06 04:25:46 PM

rumpelstiltskin: vygramul: rumpelstiltskin: vygramul: rumpelstiltskin: vygramul: To tell someone they can't come because you've decided that it's not good for them is what irritates.

But when the market lies, an individual isn't in a position to decide what's good for himself. Self interest breaks down. Freedom breaks down. Who decides what is good?

I'll be the judge of what's good for me.

So say the young. Good luck.

So you're not the judge of what's good for you?

I decide what am I am to do. I make mistakes. What I do is not always best for me, but I don't pretend that "market prices" always provide me "information".


Amen, bro.  You get in the game- you hope to win more oft than lose.  Either way, you move on.
 
2014-04-06 04:31:37 PM

clowncar on fire: rumpelstiltskin: vygramul: rumpelstiltskin: vygramul: rumpelstiltskin: vygramul: To tell someone they can't come because you've decided that it's not good for them is what irritates.

But when the market lies, an individual isn't in a position to decide what's good for himself. Self interest breaks down. Freedom breaks down. Who decides what is good?

I'll be the judge of what's good for me.

So say the young. Good luck.

So you're not the judge of what's good for you?

I decide what am I am to do. I make mistakes. What I do is not always best for me, but I don't pretend that "market prices" always provide me "information".

Amen, bro.  You get in the game- you hope to win more oft than lose.  Either way, you move on.


This is why it's dangerous to be serious on fark. Fortunately, I don't do that often.
 
2014-04-06 04:32:43 PM

clowncar on fire: The Bruce Dickinson: From Exceptionalism to Mediocrity...

In Amerika, the Sun revolves around the Earth, Evolution is just a theory, climate change is denied by the clueless and the Bible is the source of all truth...

[consciouslifenews.com image 200x200]

Climate change, once referred to as global warming until reality gave it the smack down, is an ever evolving definition.  No one ever said the sun evolved around the earth (although the sun itself is not all that stationary), and the Bible is the source of truth for those who subscribe to such.  Evolution IS still a theory but its the best one we have so far so...


Well you sure showed that libulardo with your scientific knowledge.
 
2014-04-06 05:00:46 PM

clowncar on fire: The Bruce Dickinson: From Exceptionalism to Mediocrity...

In Amerika, the Sun revolves around the Earth, Evolution is just a theory, climate change is denied by the clueless and the Bible is the source of all truth...

[consciouslifenews.com image 200x200]

Climate change, once referred to as global warming until reality gave it the smack down, is an ever evolving definition.  No one ever said the sun evolved around the earth (although the sun itself is not all that stationary), and the Bible is the source of truth for those who subscribe to such.  Evolution IS still a theory but its the best one we have so far so...


http://www.npr.org/blogs/thetwo-way/2014/02/14/277058739/1-in-4-amer ic ans-think-the-sun-goes-around-the-earth-survey-says

Evolution is fundamental to a comprehensive understanding of all biological disciplines. PERIOD!

Almost 100% of Congress subscribes to this Bible... and the other mutants in your populace.

Climate change is real, you're an idiot if you disagree.
 
2014-04-06 05:03:56 PM

clowncar on fire: Climate change, once referred to as global warming until reality gave it the smack down, is an ever evolving definition.


Just say it: wealth distribution. Marxism. The Collective. Hillary Clinton.
 
2014-04-06 06:05:58 PM

rumpelstiltskin: vygramul: rumpelstiltskin: vygramul: rumpelstiltskin: vygramul: To tell someone they can't come because you've decided that it's not good for them is what irritates.

But when the market lies, an individual isn't in a position to decide what's good for himself. Self interest breaks down. Freedom breaks down. Who decides what is good?

I'll be the judge of what's good for me.

So say the young. Good luck.

So you're not the judge of what's good for you?

I decide what am I am to do. I make mistakes. What I do is not always best for me, but I don't pretend that "market prices" always provide me "information".


What does this have to do with market prices?
 
2014-04-06 06:13:25 PM

clowncar on fire: Investments lead to growth more money in the stock market, growth lead to more jobs more money in the stock market leads to more money in the stock market.  Trickle down.



The jobs don't just magically appear because investment is happening.  There has to be demand to fill and people actually have to invest in things that create jobs and not just contribute to ever more speculation.
 
2014-04-06 06:33:33 PM

b2theory: Great list. Some how the worlds largest economy, second largest manufactuer, with the most R&D spending, largest equities market, largest consumer market..... is number two.


Because our commitment to corporate profit above all else has gutted the middle class, thereby scooping a big hole in the middle of Purchasing Power, and eeking out every last cent of that profit has forced jobs to leave the country, meaning our increasing population has fewer and fewer places to work?

The US is number two only because it used to be number one by a big margin. The graph appears smart enough to account for "imminent collapse."
 
2014-04-06 06:39:44 PM
clowncar on fire: Evolution IS still a theory but its the best one we have so far so...

STILL a theory?! There is no higher classification for a scientific explanation than Theory. But if you prefer the language of the foremost Christian religious leader: "Evolution is an essentially proven fact." -the freakin' Pope.
 
2014-04-06 06:52:03 PM

clowncar on fire: The Bruce Dickinson: From Exceptionalism to Mediocrity...

In Amerika, the Sun revolves around the Earth, Evolution is just a theory, climate change is denied by the clueless and the Bible is the source of all truth...

[consciouslifenews.com image 200x200]

Climate change, once referred to as global warming until reality gave it the smack down, is an ever evolving definition.  No one ever said the sun evolved around the earth (although the sun itself is not all that stationary), and the Bible is the source of truth for those who subscribe to such.  Evolution IS still a theory but its the best one we have so far so...


Damn, I can't decide between troll or colossal moron.

The Intergovernmental Panel on Climate Change was founded in 1988, there was no "name switching" in an attempt to cloud the issue.  The globe is still warming due to the influence of man.  The geocentric model of the solar system was the dominant model for nearly 1500 years.  The scientific definition of theory is not the same as the everyday definition.  There is no "step above" a scientific theory.  A physical law is an observation of how things work while a scientific theory gives an explanation as to why.
 
2014-04-06 07:25:52 PM

Baryogenesis: clowncar on fire: Investments lead to growth more money in the stock market, growth lead to more jobs more money in the stock market leads to more money in the stock market.  Trickle down.


The jobs don't just magically appear because investment is happening.  There has to be demand to fill and people actually have to invest in things that create jobs and not just contribute to ever more speculation.


Wait? Someone actually believes that supply side BS?
 
2014-04-06 10:40:32 PM
China? Was this written 10 years ago? That bubble is about to assplode.
 
2014-04-06 10:51:46 PM

Mrtraveler01: Baryogenesis: clowncar on fire: Investments lead to growth more money in the stock market, growth lead to more jobs more money in the stock market leads to more money in the stock market.  Trickle down.


The jobs don't just magically appear because investment is happening.  There has to be demand to fill and people actually have to invest in things that create jobs and not just contribute to ever more speculation.

Wait? Someone actually believes that supply side BS?



No, someone is a successful (if tiresome) troll.
 
2014-04-06 11:08:56 PM

clowncar on fire: The theory was to give all the tax payers 300 back to spend as they chose.


Uh, the theory was to give the top-tier of income earners tax breaks which would eventually filter down to the rest of us.  We've been working with that theory for 50 years and it hasn't happened.  So you believe if we just stay the course and believe hard enough it's gonna eventually work?  Faith-based economic theory?
 
2014-04-07 12:56:03 AM

clowncar on fire: The Bruce Dickinson: From Exceptionalism to Mediocrity...

In Amerika, the Sun revolves around the Earth, Evolution is just a theory, climate change is denied by the clueless and the Bible is the source of all truth...

[consciouslifenews.com image 200x200]

Climate change, once referred to as global warming until reality gave it the smack down, is an ever evolving definition.  No one ever said the sun evolved around the earth (although the sun itself is not all that stationary), and the Bible is the source of truth for those who subscribe to such.  Evolution IS still a theory but its the best one we have so far so...


Haha nice double dose of Flat-Earther, dude.
 
2014-04-07 01:31:24 AM

Methadone Girls: Yay!!!  Canada is number 12.

/We beat Australia
//my cousins live there.
///they brag about how awesome it is there.  I gotta have something


Australians are very impressed with themselves lately. I live in Australia and don't bother listening to local radio any more because I'm sick of all the jingoistic, self congratulation. A recent headline in the Sydney Morning Herald for a story about the missing Malaysian airliner was 'Aussies Take the Lead'.

If I didn't have elderly ailing people here that rely on my support I would go back to the UK. I hate living in Australia.
 
2014-04-07 10:49:55 AM

Zarquon's Flat Tire: jso2897: Ghastly: cman: log_jammin: when I was a kid I would always hear "no wonder it broke. It says "made in japan! junk!"

when I was older I would hear "no wonder it broke. It says "made in Taiwan! junk!"

now "no wonder it broke. It says "made in China! junk!"

so what will be the next the next Asian country to make my cheap walmart junk? India?

Laos

Everything they make is Laosy.

I hear thas Laos is in a state of chaos.

So the permitting office and Occupational Safety aren't being closely watched?


Well if it foll

TuteTibiImperes: TV's Vinnie: fusillade762: We could beat them if we weren't such pussies.

[cdn.theatlanticcities.com image 850x564]

C'mon, slap a handkerchief over your face and get back to work!

You know, there are tons of brand-new but totally empty cities spread out all over China (Google up "China's Ghost Cities"). Why can't anyone be allowed to move to any of them?

[www.wnd.com image 800x600]

From what I've read a lot of the homes and condos in the ghost cities have been bought up by real estate speculators.  Maybe they're expecting a huge population boom in the near future, or people to suddenly move out of the cities quickly, but it doesn't strike me as a particularly good investment.


Their housing bubble hasn't burst yet, and the government is doing everything it can to keep it going because nobody, NOBODY knows what will happen or what to do once it does.  It's one of those scenes from a movie where everyone is partying and trying to keep smiling and dancing because they moment they stop dancing, everything starts to come crashing down.  We're just waiting for the first major moneyed player to break down in tears and start sobbing uncontrollably (which is, in this metaphor, pulling his money out of the market) while two or three people try to shush him or her and everyone else starts breaking down as well, a cascade failure of the forced and fake happiness at this metaphorical party.

Or so I'm told.  I admit I don't know all the ins and outs of Chinese politics but the impression I have gotten is that the government doesn't know that much about economics, nor do they care to.  So while they have unthinkable powers compared to the US government they have NO idea how to wield them, and their economic advisers, mostly the supply-siders that got them into this mess, tell them, "just keep dancing!"
 
2014-04-07 12:03:14 PM

BeesNuts: Animatronik: rev. dave: The US is not at the top because of the rising oligarchy.  The more power they have, the weaker we get.

Do you have any understanding of the gap between rich and poor in China? Do you have any understanding of China at all?

It matters more to us because of our consumer centric economy.  The Chinese economy relies on imports and exports.  They are actually a much "richer" country in general.  Our advantage lies in our ability to maximize our potential.  Being much younger than China, we are much more flexible.  But that flexibility demands full participation in our domestic economy.  We have falling employment participation, stagnant consumer demand, mostly static hiring...

Their participation rate in China is increasing, and ours is falling.  We were neck-a-neck before.

The health of the economy has much more to do with rates of change than absolute values.


That may be true, but I question its value as a metric. Rates of change are much more volatile than absolute values, meaning that if I extrapolate absolute values, I'm going to be able to be more precise than if I'm extrapolating rates of change (based on the same sample size, over the same future period of time), especially if I toss in quadratics and cubics into the model.

As a practical matter, I suspect that by the time you're certain enough about the rate of change to make a pronouncement about the current health of the economy, the absolute values would have told the same story.

/I am not an economist; I'm just a run-of-the-mill statistician.
 
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