Shiller: US could likely to fall into deflationary spiral ala Japan

[briansd1]

[quote=Nor-LA-SD-guy]Yea except that our cities and state budgets were set at peak housing tax intake levels,[/quote]

Good point.

CA renter wants lower housing prices and lower property taxes, but she wants to increase sales taxes to make up the shortfall so that the localities can keep on spending at peak levels.

Seems like a “keep the govmin’t hand out of my public pension” kind of argument.

Why should the localities be immune to sharing the pain?

Edit: CA renter, I just read that you believe local budgets should be rolled back to 1998. that would mean cutting government salaries that you were opposed to on the other thread.

[briansd1]

I wonder if quantitative easing will cause Americans to do what the Japanese did — borrow cheap money at home to invest overseas.

Americans who have contacts abroad my well turn to sending their money abroad in search of better returns.

[briansd1]

I wonder if quantitative easing will cause Americans to do what the Japanese did — borrow cheap money at home to invest overseas.

Americans who have contacts abroad my well turn to sending their money abroad in search of better returns.

[briansd1]

I wonder if quantitative easing will cause Americans to do what the Japanese did — borrow cheap money at home to invest overseas.

Americans who have contacts abroad my well turn to sending their money abroad in search of better returns.

[briansd1]

I wonder if quantitative easing will cause Americans to do what the Japanese did — borrow cheap money at home to invest overseas.

Americans who have contacts abroad my well turn to sending their money abroad in search of better returns.

[briansd1]

I wonder if quantitative easing will cause Americans to do what the Japanese did — borrow cheap money at home to invest overseas.

Americans who have contacts abroad my well turn to sending their money abroad in search of better returns.

[paramount]

I have a bad feeling were approaching an event-horizon.

[paramount]

I have a bad feeling were approaching an event-horizon.

[paramount]

I have a bad feeling were approaching an event-horizon.

[paramount]

I have a bad feeling were approaching an event-horizon.

[paramount]

I have a bad feeling were approaching an event-horizon.

[stockstradr]

I scan this thread, and I cannot help but laugh.

I cannot believe how many of you still desperately cling to idea that inflation is looming. How many damn economic data points all confirming deflation is it gonna take to turn you people?

Many of you are starting to look pathetic.

Give up the ghost. Deflation is here and the resulting response (to deepening deflation) of the FOMC and the financial markets is predictable.

Swallow your pride (and your obsession with inflation), and then join me in making all this money. Good grief, the yield on the 30-year T-bond has dropped nearly a hundred basis points since early April. You think that’s a sign of inflation? No, that’s a sign i’m making loads of money betting on deflation by holding long bond funds.

Here is a gem for yah:

http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021121/default.htm

That is your Cliffs Notes on what happens next.

Gold is next to fall. Gold is gonna get hammered. And if it doesn’t fall by natural market forces, our government is gonna make it fall in price by unnatural forces.

Oh and stocks are falling and I’m leveraged short stocks. Oh, and Asia is crashing again and I’m leveraged short the China market.

Yes. It is like shooting fish in a barrel.

[stockstradr]

I scan this thread, and I cannot help but laugh.

I cannot believe how many of you still desperately cling to idea that inflation is looming. How many damn economic data points all confirming deflation is it gonna take to turn you people?

Many of you are starting to look pathetic.

Give up the ghost. Deflation is here and the resulting response (to deepening deflation) of the FOMC and the financial markets is predictable.

Swallow your pride (and your obsession with inflation), and then join me in making all this money. Good grief, the yield on the 30-year T-bond has dropped nearly a hundred basis points since early April. You think that’s a sign of inflation? No, that’s a sign i’m making loads of money betting on deflation by holding long bond funds.

Here is a gem for yah:

http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021121/default.htm

That is your Cliffs Notes on what happens next.

Gold is next to fall. Gold is gonna get hammered. And if it doesn’t fall by natural market forces, our government is gonna make it fall in price by unnatural forces.

Oh and stocks are falling and I’m leveraged short stocks. Oh, and Asia is crashing again and I’m leveraged short the China market.

Yes. It is like shooting fish in a barrel.

[stockstradr]

I scan this thread, and I cannot help but laugh.

I cannot believe how many of you still desperately cling to idea that inflation is looming. How many damn economic data points all confirming deflation is it gonna take to turn you people?

Many of you are starting to look pathetic.

Give up the ghost. Deflation is here and the resulting response (to deepening deflation) of the FOMC and the financial markets is predictable.

Swallow your pride (and your obsession with inflation), and then join me in making all this money. Good grief, the yield on the 30-year T-bond has dropped nearly a hundred basis points since early April. You think that’s a sign of inflation? No, that’s a sign i’m making loads of money betting on deflation by holding long bond funds.

Here is a gem for yah:

http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021121/default.htm

That is your Cliffs Notes on what happens next.

Gold is next to fall. Gold is gonna get hammered. And if it doesn’t fall by natural market forces, our government is gonna make it fall in price by unnatural forces.

Oh and stocks are falling and I’m leveraged short stocks. Oh, and Asia is crashing again and I’m leveraged short the China market.

Yes. It is like shooting fish in a barrel.

[stockstradr]

I scan this thread, and I cannot help but laugh.

I cannot believe how many of you still desperately cling to idea that inflation is looming. How many damn economic data points all confirming deflation is it gonna take to turn you people?

Many of you are starting to look pathetic.

Give up the ghost. Deflation is here and the resulting response (to deepening deflation) of the FOMC and the financial markets is predictable.

Swallow your pride (and your obsession with inflation), and then join me in making all this money. Good grief, the yield on the 30-year T-bond has dropped nearly a hundred basis points since early April. You think that’s a sign of inflation? No, that’s a sign i’m making loads of money betting on deflation by holding long bond funds.

Here is a gem for yah:

http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021121/default.htm

That is your Cliffs Notes on what happens next.

Gold is next to fall. Gold is gonna get hammered. And if it doesn’t fall by natural market forces, our government is gonna make it fall in price by unnatural forces.

Oh and stocks are falling and I’m leveraged short stocks. Oh, and Asia is crashing again and I’m leveraged short the China market.

Yes. It is like shooting fish in a barrel.

[Author]

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