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DWCAP
ParticipantYou dont think it has anything to do with the stock market? I do. Stocks were on their way up up and away three months ago. They were below 10k again, and peoples expecations of the future were made just alittle more realistic. No?
Participant[quote=briansd1][quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.[/quote]
Maybe this will help me. At what point does the government stop? I mean, it has been a year now since the recession ended (give or take a month). Unemployment is off its highs, and moving in the right direction. Home sales and prices are mostly steady. The Stock market is still well above its lows of 18 months ago. Things are not good, but they are improving. At what point does the austerity begin under your oft repeated plan? When is ‘better’, and how will we know that is when it is ok to make things ‘worse’?
Participant[quote=briansd1][quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.[/quote]
Maybe this will help me. At what point does the government stop? I mean, it has been a year now since the recession ended (give or take a month). Unemployment is off its highs, and moving in the right direction. Home sales and prices are mostly steady. The Stock market is still well above its lows of 18 months ago. Things are not good, but they are improving. At what point does the austerity begin under your oft repeated plan? When is ‘better’, and how will we know that is when it is ok to make things ‘worse’?
Participant[quote=briansd1][quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.[/quote]
Maybe this will help me. At what point does the government stop? I mean, it has been a year now since the recession ended (give or take a month). Unemployment is off its highs, and moving in the right direction. Home sales and prices are mostly steady. The Stock market is still well above its lows of 18 months ago. Things are not good, but they are improving. At what point does the austerity begin under your oft repeated plan? When is ‘better’, and how will we know that is when it is ok to make things ‘worse’?
Participant[quote=briansd1][quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.[/quote]
Maybe this will help me. At what point does the government stop? I mean, it has been a year now since the recession ended (give or take a month). Unemployment is off its highs, and moving in the right direction. Home sales and prices are mostly steady. The Stock market is still well above its lows of 18 months ago. Things are not good, but they are improving. At what point does the austerity begin under your oft repeated plan? When is ‘better’, and how will we know that is when it is ok to make things ‘worse’?
Participant[quote=briansd1][quote=Arraya]There is a school of though that bubble wealth is just an illusion
[/quote][quote=Arraya]
The constant injections of debt and printed cash is just a frantic attempt at trying to maintain an illusion.[/quote]That’s a good point, Arraya.
But what about the economic activities that were made possible thanks to the bailout/stimulus programs? They would not have been possible without government support.
Sure, we are front-loading and borrowing from the future, with the assumption that once the economy is fully recovered, we can better afford to “pay back”.[/quote]
Maybe this will help me. At what point does the government stop? I mean, it has been a year now since the recession ended (give or take a month). Unemployment is off its highs, and moving in the right direction. Home sales and prices are mostly steady. The Stock market is still well above its lows of 18 months ago. Things are not good, but they are improving. At what point does the austerity begin under your oft repeated plan? When is ‘better’, and how will we know that is when it is ok to make things ‘worse’?
Participant[quote=sdduuuude]I assume those dollar amounts are just for construction. What about ongoing costs? Probably ignoring those for now.
.[/quote]My understanding is they have already raised 10m to run the building for the first 5 years. Problem is, they need another 30+million to finish the inside of the building. They have until 2012 to raise the money.
After 5 years I am sure it is on the city to keep it running.
Participant[quote=sdduuuude]I assume those dollar amounts are just for construction. What about ongoing costs? Probably ignoring those for now.
.[/quote]My understanding is they have already raised 10m to run the building for the first 5 years. Problem is, they need another 30+million to finish the inside of the building. They have until 2012 to raise the money.
After 5 years I am sure it is on the city to keep it running.
Participant[quote=sdduuuude]I assume those dollar amounts are just for construction. What about ongoing costs? Probably ignoring those for now.
.[/quote]My understanding is they have already raised 10m to run the building for the first 5 years. Problem is, they need another 30+million to finish the inside of the building. They have until 2012 to raise the money.
After 5 years I am sure it is on the city to keep it running.
Participant[quote=sdduuuude]I assume those dollar amounts are just for construction. What about ongoing costs? Probably ignoring those for now.
.[/quote]My understanding is they have already raised 10m to run the building for the first 5 years. Problem is, they need another 30+million to finish the inside of the building. They have until 2012 to raise the money.
After 5 years I am sure it is on the city to keep it running.
Participant[quote=sdduuuude]I assume those dollar amounts are just for construction. What about ongoing costs? Probably ignoring those for now.
.[/quote]My understanding is they have already raised 10m to run the building for the first 5 years. Problem is, they need another 30+million to finish the inside of the building. They have until 2012 to raise the money.
After 5 years I am sure it is on the city to keep it running.
Participant[quote=Arraya]No, it most definitely will not, boom again.[/quote]
Sure it will, notice I didnt put any timeline on it. Maybe it will take 1000 years, but it will happen eventually, unless you think the extintion of the human race is nigh.
Participant[quote=Arraya]No, it most definitely will not, boom again.[/quote]
Sure it will, notice I didnt put any timeline on it. Maybe it will take 1000 years, but it will happen eventually, unless you think the extintion of the human race is nigh.
Participant[quote=Arraya]No, it most definitely will not, boom again.[/quote]
Sure it will, notice I didnt put any timeline on it. Maybe it will take 1000 years, but it will happen eventually, unless you think the extintion of the human race is nigh.
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