Hello CB, Thank you for focusing down to the crux of what should constitute a proper discussion for the most part in a civilized fashion, to the extent possible.
<<I think you won't believe me. Which is fine. More fun for me. ;^)>>
… FYI, you are wrong, again, for I do believe your description of what is. I am anticipating what should be; call it a game, and so it will not be more fun for you if you define fun in that particular fashion, which I do not subscribe to and is of no concern to me one way or another. I only care about my fun.
The "Wheee!s" are usually followed by … , no, not more wheee!s; but we will find out if what should happen in fact does happen. All indications are so bad so far, and the twists and turns, merely entertainment and opportunities.
On another matter, by <<"Tanking bonds">>, I most definitely did not mean <<... another way of saying low interest rates>>, and I do not know what might have led you to the belief that I did.
Low interest rate is. Tanking bonds will be ... and bonds tanking will not be good for most folks, not savers, not entrepreneurs, not homeowners, and not equity holders. I suspect that when bonds tank, champagne will be all around, but on the shelves.
On this, <<and "help wanted" signs>>, I vaguely remember you mentioning something about this point way back when so many years ago, as if it made one iota bit of difference to what had happened since way back when.
A hint, it certainly did not make a difference before and might not make a difference now, and that is precisely what 'inevitable' means in the context of progression of collapse.
<<We're almost as rich as Croesus here>>
… A question. What happened to him and why?
... a suggestion. Do not go where he went.
... another question, if I had lived in his time, what would I be posting? [HINT: "Do not go where he is going"]
Were there babyboomers all around him, standing at an average age of 47, looking 13 years away at hoped for retirement, inflation allowing (EDIT: you will point out that inflation is tame and Professor BurnAndKaput is great, to which I respond, 'interesting' ;0), with average 401 kitty size of 41k of rapidly diluting paper money, sheltered by a wildly over-valued abode in the midst of wide open spaces, of which 85%+ belongs to the bank and cannot in the aggregate be monetized without dilution of the very same paper money, facing rising property taxes and have to pony up for equally expensive replacement abode?
Another hint. The math does not work.
Last point, read what you wrote, <<Equities decline? In what country? Not here, not now, not for the foreseeable future -- unless you have a short time frame for your perspective. Which, as I already posted, I think you do>>, and again, and then, if you wish, accuse me of being short sighted again. I enjoy it.
Thank you again for energizing the discussions, whee!s and LOL, and Jeez, Louis, and the best <<I am so frickin' rich I can't believe it>>
Chugs, Jay |
