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<blockquote data-quote="Son of Butch" data-source="post: 1302802" data-attributes="member: 14585"><p>1. Government doesn't print money. In 1913 Woodrow Wilson signed treasury printing duties over to The Federal Reserve.</p><p>It's Not Federal and there is No Reserve. (It is privately owned by a group of world banks)</p><p></p><p>2. We have seen a stimulus in that it kicked the can down the road while increasing government debt to over 16 trillion.</p><p>I don't know that I will live to see it...but one day the house of cards has to tumble and it will be a crash like no other.</p><p></p><p>3. I can't give a % because I have not researched it, but a huge chunk of dollars have been exported to China's economy</p><p>due to their government policy of financially enslaving their own people/work force and creating import export trade </p><p>imbalances by devaluing their currency. which perhaps is the most effective embargo by not allowing their citizens</p><p>to afford western goods, only to produce them but can't afford to buy them.</p><p></p><p>US stock market is down 8.47% year to date. Deutsche Bank analyst says stock market over reaction and predicts next </p><p>market move will be up 5% which would mean it will be more of a choppy ride down rather than straight descent.</p><p>Market would need to move up 9.25% just to bring us back to even for the year.</p><p></p><p>Only chance stock market has for finishing up for the year is for Arizona Cardinals to win the Super Bowl.</p><p>Stock market has always posted a gain in the year an old NFL team (NFL team prior to AFL/NFL merger) wins the Super Bowl.</p><p>Pittsburgh Steelers were an old NFL team, but Manning screwed the market's chances by beating them this weekend. :nod:</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1302802, member: 14585"] 1. Government doesn't print money. In 1913 Woodrow Wilson signed treasury printing duties over to The Federal Reserve. It's Not Federal and there is No Reserve. (It is privately owned by a group of world banks) 2. We have seen a stimulus in that it kicked the can down the road while increasing government debt to over 16 trillion. I don't know that I will live to see it...but one day the house of cards has to tumble and it will be a crash like no other. 3. I can't give a % because I have not researched it, but a huge chunk of dollars have been exported to China's economy due to their government policy of financially enslaving their own people/work force and creating import export trade imbalances by devaluing their currency. which perhaps is the most effective embargo by not allowing their citizens to afford western goods, only to produce them but can't afford to buy them. US stock market is down 8.47% year to date. Deutsche Bank analyst says stock market over reaction and predicts next market move will be up 5% which would mean it will be more of a choppy ride down rather than straight descent. Market would need to move up 9.25% just to bring us back to even for the year. Only chance stock market has for finishing up for the year is for Arizona Cardinals to win the Super Bowl. Stock market has always posted a gain in the year an old NFL team (NFL team prior to AFL/NFL merger) wins the Super Bowl. Pittsburgh Steelers were an old NFL team, but Manning screwed the market's chances by beating them this weekend. :nod: [/QUOTE]
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