Paying Attention?

[briansd1]

Nor-LA-SD-GUY2, well it depends what you mean by recovery.

Recovery meaning growth? Well, we already have recovery.

Recovery back to the peak? You can wait a long time.

[quote=Nor-LA-SD-GUY2]

Third, Let me put my tin foil hat on,
This is the way they want it, The PTB think that you cannot grow forever, and want us to seek a stable state economy.

OK the last one is just my speculation.[/quote]

I’m a little confused about the third point.

As far as I can see, TPTB have been working tirelessly to put a floor on housing prices and stabilize the market. They have come up with all kinds of schemes to make it easy and encourage people to buy houses.

[Arraya]

[quote=Nor-LA-SD-GUY2]
This is the way they want it, The PTB think that you cannot grow forever, and want us to seek a stable state economy.

[/quote]

Living in a finite world governed by the laws of physics, that is correct. Infinite material growth is impossible and quite likely, not desirable after a certain point. And there is a difference between economic growth and development, though development would fall under the umbrella of “growth” in certain contexts

However, I’ve seen no evidence TPTB are so enlightened.

Pretty simple really

[Arraya]

[quote=Nor-LA-SD-GUY2]
This is the way they want it, The PTB think that you cannot grow forever, and want us to seek a stable state economy.

[/quote]

Living in a finite world governed by the laws of physics, that is correct. Infinite material growth is impossible and quite likely, not desirable after a certain point. And there is a difference between economic growth and development, though development would fall under the umbrella of “growth” in certain contexts

However, I’ve seen no evidence TPTB are so enlightened.

Pretty simple really

[Arraya]

[quote=Nor-LA-SD-GUY2]
This is the way they want it, The PTB think that you cannot grow forever, and want us to seek a stable state economy.

[/quote]

Living in a finite world governed by the laws of physics, that is correct. Infinite material growth is impossible and quite likely, not desirable after a certain point. And there is a difference between economic growth and development, though development would fall under the umbrella of “growth” in certain contexts

However, I’ve seen no evidence TPTB are so enlightened.

Pretty simple really

[Arraya]

[quote=Nor-LA-SD-GUY2]
This is the way they want it, The PTB think that you cannot grow forever, and want us to seek a stable state economy.

[/quote]

Living in a finite world governed by the laws of physics, that is correct. Infinite material growth is impossible and quite likely, not desirable after a certain point. And there is a difference between economic growth and development, though development would fall under the umbrella of “growth” in certain contexts

However, I’ve seen no evidence TPTB are so enlightened.

Pretty simple really

[Arraya]

[quote=Nor-LA-SD-GUY2]
This is the way they want it, The PTB think that you cannot grow forever, and want us to seek a stable state economy.

[/quote]

Living in a finite world governed by the laws of physics, that is correct. Infinite material growth is impossible and quite likely, not desirable after a certain point. And there is a difference between economic growth and development, though development would fall under the umbrella of “growth” in certain contexts

However, I’ve seen no evidence TPTB are so enlightened.

Pretty simple really

[The-Shoveler]

I mean less that 6% unemployment I think that been the norm for several decades. (That in my mind would be a recovery)

If they were thinking that, then the GSE’s would not be foreclosing in record numbers, it’s the private banks that have been the slow to foreclose.
That’s mainly why the low end has been hit harder than the higher end.
No I think they really want to stall growth, otherwise they would have forced the banks to write down principles or some other drastic action like inflation (you cannot replace 20% of the economy with solar energy job’s) that’s so funny it’s not even trying.
(Like I said, that’s just my speculation)

[The-Shoveler]

I mean less that 6% unemployment I think that been the norm for several decades. (That in my mind would be a recovery)

If they were thinking that, then the GSE’s would not be foreclosing in record numbers, it’s the private banks that have been the slow to foreclose.
That’s mainly why the low end has been hit harder than the higher end.
No I think they really want to stall growth, otherwise they would have forced the banks to write down principles or some other drastic action like inflation (you cannot replace 20% of the economy with solar energy job’s) that’s so funny it’s not even trying.
(Like I said, that’s just my speculation)

[The-Shoveler]

I mean less that 6% unemployment I think that been the norm for several decades. (That in my mind would be a recovery)

If they were thinking that, then the GSE’s would not be foreclosing in record numbers, it’s the private banks that have been the slow to foreclose.
That’s mainly why the low end has been hit harder than the higher end.
No I think they really want to stall growth, otherwise they would have forced the banks to write down principles or some other drastic action like inflation (you cannot replace 20% of the economy with solar energy job’s) that’s so funny it’s not even trying.
(Like I said, that’s just my speculation)

[The-Shoveler]

I mean less that 6% unemployment I think that been the norm for several decades. (That in my mind would be a recovery)

If they were thinking that, then the GSE’s would not be foreclosing in record numbers, it’s the private banks that have been the slow to foreclose.
That’s mainly why the low end has been hit harder than the higher end.
No I think they really want to stall growth, otherwise they would have forced the banks to write down principles or some other drastic action like inflation (you cannot replace 20% of the economy with solar energy job’s) that’s so funny it’s not even trying.
(Like I said, that’s just my speculation)

[The-Shoveler]

I mean less that 6% unemployment I think that been the norm for several decades. (That in my mind would be a recovery)

If they were thinking that, then the GSE’s would not be foreclosing in record numbers, it’s the private banks that have been the slow to foreclose.
That’s mainly why the low end has been hit harder than the higher end.
No I think they really want to stall growth, otherwise they would have forced the banks to write down principles or some other drastic action like inflation (you cannot replace 20% of the economy with solar energy job’s) that’s so funny it’s not even trying.
(Like I said, that’s just my speculation)

[evolusd]

I believe the only reason we had a ‘recovery’ over the last 28-24 months is due to massive government spending/stimulus funded by an amazing increase in our national debt.

Now that the out of control debt is in the forefront of the debate and the rating agencies are pressuring us to fix our books and balance the budget to start paying down debt, investors are realizing that the funny money is no longer going to fill the hole.

I think the second half is going to be ugly, along with 2012.

I’m all cash right now and feel comfortable that there won’t be rampant inflation anytime soon. We’ve still got lots of problems to work out.

[evolusd]

I believe the only reason we had a ‘recovery’ over the last 28-24 months is due to massive government spending/stimulus funded by an amazing increase in our national debt.

Now that the out of control debt is in the forefront of the debate and the rating agencies are pressuring us to fix our books and balance the budget to start paying down debt, investors are realizing that the funny money is no longer going to fill the hole.

I think the second half is going to be ugly, along with 2012.

I’m all cash right now and feel comfortable that there won’t be rampant inflation anytime soon. We’ve still got lots of problems to work out.

[evolusd]

I believe the only reason we had a ‘recovery’ over the last 28-24 months is due to massive government spending/stimulus funded by an amazing increase in our national debt.

Now that the out of control debt is in the forefront of the debate and the rating agencies are pressuring us to fix our books and balance the budget to start paying down debt, investors are realizing that the funny money is no longer going to fill the hole.

I think the second half is going to be ugly, along with 2012.

I’m all cash right now and feel comfortable that there won’t be rampant inflation anytime soon. We’ve still got lots of problems to work out.

[evolusd]

I believe the only reason we had a ‘recovery’ over the last 28-24 months is due to massive government spending/stimulus funded by an amazing increase in our national debt.

Now that the out of control debt is in the forefront of the debate and the rating agencies are pressuring us to fix our books and balance the budget to start paying down debt, investors are realizing that the funny money is no longer going to fill the hole.

I think the second half is going to be ugly, along with 2012.

I’m all cash right now and feel comfortable that there won’t be rampant inflation anytime soon. We’ve still got lots of problems to work out.

[Author]

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