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Don’t cry for me?

13 Jan

 

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2 Comments

Posted by on January 13, 2016 in Uncategorized

 

2 responses to “Don’t cry for me?

  1. rogerunited

    January 17, 2016 at 8:31 am

    Young countries are scrappy and produce, their governments protect domestic industries with tariffs and such and export goods and services-the US until WWII

    Once successful, the standard of living rises quickly as do the cost of living and wages-the US from WWII until about the 1970s.

    Once domestic wages get high enough to make it profitable, production gets exported.

    Once production is exported in a high cost of living country, the people start looking for ways to pay the bills with out a reduction in standard of living and socialist governments start to get popular.

    Eventually, there aren’t enough tax revenues to support the growing number of tax dependents and everything grinds to a halt.

    But don’t worry, the largest, wealthiest generation in history, about a third of US population, is retiring as we speak. That means a massive reduction in tax revenues, house purchases, automobile purchases and pretty much every economic activity not related directly to retirees. So hyperinflation isn’t much of a worry, deflation will be the name of the game for the next couple decades or so depending on what else happens. IN fact, considering the absolutely stupendous amount of ‘quantitative easing’ the US and most other countries have been doing and how little inflation we have had despite those trillions, the deflation may already be setting in. Bye, bye stock market!

    And it will be global.

     
  2. Soffitrat

    January 17, 2016 at 3:35 pm

    “hyperinflation isn’t much of a worry, deflation will be the name of the game for the next couple decades…” This is why the Fed is feverishly working to increase inflation and screw the American people. Low-income families, and by-and-large Democrat voters, have no idea what is about to happen to them. And yes. This is going to be global. Obama and the Democrats (all of Congress for that matter) have had their chance to save us, and blew it. Not only that, they have created havoc all over the world with our bastardized foreign policy. At a time when we will need every ally we can get, they have alienated us from the world. Hang on!

     

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