[SD Realtor]

Concho you should have sent him a link to the illuminati.

[SD Realtor]

Concho you should have sent him a link to the illuminati.

[SD Realtor]

Concho you should have sent him a link to the illuminati.

[SD Realtor]

Concho you should have sent him a link to the illuminati.

[SD Realtor]

Concho I would agree with you 100%.

However when people say things like:

” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.

What’s the difference? It’s money into the economy.”

“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”

It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.

I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.

Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.

[SD Realtor]

Concho I would agree with you 100%.

However when people say things like:

” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.

What’s the difference? It’s money into the economy.”

“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”

It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.

I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.

Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.

[SD Realtor]

Concho I would agree with you 100%.

However when people say things like:

” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.

What’s the difference? It’s money into the economy.”

“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”

It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.

I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.

Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.

[SD Realtor]

Concho I would agree with you 100%.

However when people say things like:

” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.

What’s the difference? It’s money into the economy.”

“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”

It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.

I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.

Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.

[SD Realtor]

Concho I would agree with you 100%.

However when people say things like:

” Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.

What’s the difference? It’s money into the economy.”

“I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.”

It is abundantly clear that they cannot perform basic math skills because you cannot just print money and expect it to carry the same value as it did before you printed a few trillion dollars.

I give up. Maybe we could all have home versions of printing presses. Then in Brians world we could all print our own money to go to the grocery store and pay for goods and services. Or we could build the Big Brian transit system that he thinks will solve our problems. Since we are just printing money we can through in social security and medicare and healthcare for everyone.

Wow I didn’t know the problems were this easy to solve. Those guys like Roubini are idiots.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Sure you don’t think the changes will be severe because you have no idea of what will happen. It is simple to say they will not be severe. In reality we have never gone down this road. In fact we have never come close to going down this road. You don’t know what it is like to live in an inflationary world or double digit interest rates. I have.

Why don’t you propose a feel good solution and let’s see if it makes sense.

Given the employment situation, given our debt load, given the demographics of our aging society, given the staggering percentage of our federal budgets entitlements gobble up, I am not inclined to paint the soft landing you seem to espouse.

The same people are in charge who have always been in charge. Those who said there was no equities bubble in 2000, those who said there was no housing bubble, and now they are saying this is the only way to stimulate the economy. Just crash the currency and keep smiling. It will be okay. We will borrow and then spend our way out of the hole correct?

There really are not great conclusions when it is all thought out. Furthermore, as usual you are centric to you Brian, not your children. Those of us who are parents care more about the future then those who do not.

Other countries are at least taking a stab at austerity. Like I said it didn’t matter who won because nobody has the political will to impose what needs to be done. It is FOR THAT VERY REASON that the changes will be more severe. There are some pretty good books out there about the destruction of the dollar. You may want to read them.

I was happy with the results though because I didn’t agree with the policies of this administration. I didn’t agree with the policies of the previous one before this and the one before him either. However as I said, we are way passed the point of change through election. Rather thange will be imposed upon us.

Many people think that in the best case we could be careening towards a society much like the late 70s or early 80s. High rates, high inflation. Others think we could be in for a Japan style lost decade of severe low rates and no growth. The only trouble with either of those scenarios is our debt, our entitlements, and our employment numbers.

I have done alot of travelling the past 6 months and one thing I can say is that the sweeps that we saw on election night in the middle of the country are 100% driven by employment. People are in a world of hurt there. Brian things are nice and easy for you in California but for most everywhere else in the country where I have been it is pretty crappy. Severe change has already taken place, and it did not happen over decades.

Lastly, guys like Roubini and Bill Gross say QE2 is doomed to fail and a bad idea. Brian from San Diego is okay with it though… I will go with guys like Roubini.

[SD Realtor]

Actually there will be a QE3 and QE4. I am not as expert on this as other people, perhaps Rich can comment, however we are on a path that is pretty much irreversible.

Most people have not noticed small things but as a parent who runs the household and the books I have. To be more specific, our grocery bills are about 10-15% higher now then they were last year. While the boys are a year older we buy pretty much the same stuff.

We are told that inflation is tame but my bills do not say so. I have seen my gas bill go up as well.

The systemic destruction of the dollar will continue because the solutions are harsher then the current pain threshold. They are simple in nature, raising taxes substantially, cutting spending, and raising interest rates. However in an economy that does not have anywhere close to the capacity to create jobs there is no real fix available. Many people have also underestimated the damage that NAFTA has done with regards to factory relocations to Mexico.

Anyone in construction will tell you that substantial percentages of homebuilding product comes from China. From drywall to pvc, fasteners, plastics, all sorts of stuff. Unless we want to tax the heck out of imports to get those factories back on shore we will never ever see those jobs again.

There are only so many engineer and coding jobs available for US citizens. I do not have any answers for the job front. I do know severe austerity measures are needed to fix the debt problem. We have all heard the common argument that China will never quit supporting our debt because they will be hurt by our defaulting. At some point that will not be true.

We have been in uncharted waters for quite some time and NO political party has the will to reverse the course. Over the past year I have come to believe that the course is somewhat irreversible now. I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. It is kind of like thinking about not existing because you cannot really do that. We have never been in default, our country has never been told no, our credit has never been questioned and we have never had food shortages before. It is to easy to wake up, check the market ticker, shoot in a few orders, commute to work and check our bank statements every two weeks for direct deposit.

As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt. Those in charge are in a different echelon then society as we know it. The debt numbers currently are so staggering, the events that happen are so much larger in magnitude, that people are pretty much numb to it.

The funny thing is that as more and more noteworthy people raise alarms, there is still no real concern. Seeing people cheer for more QE events just reminds me that yes we are in deep deep sh-t.

[Author]

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