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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: sixty2nds who wrote (24570)	9/11/2016 2:45:25 AM
From: frankw1900	Read Replies (1) \| Respond to of 24758

Hi 62nds, Read the other post, as well. Seems the Masters-Of-The-Universe (MOTU) have found nothing much works when they're all pushing on a string. What's happened is that several trillion dollars are running around the world looking for yield and not finding it after the MOTU bailed out the financial system (and they had to do that cuz of the plebs' pensions and the 1%'s wealth needed saving). But they left a great asymmetry because when they bailed out creditors' (banks') debts they did not bail out the other debtors: you, me, and everybody else. It's a bookkeeping problem, isn't it? The lender's asset = debtor's liability. There's a couple of aggravating problems: The MOTU have arranged things so that the plebs', (anybody not in the top 10%), share of GDP is at an all time low, and their debt is at an all time high; And banks still have a bunch of shitty loans so they're being cautious in lending cuz they can't bury them for years and write them off in better times like they used to. The plebs, (which includes lots of small businesses), are paying down debt, and not feeling too entrepreneurial what with having historically low incomes, are feeling kinda cranky, and business growth is anemic. It's no small wonder The Donald, Brexit, AfD, etc. are making the MOTU feel nervous. There is no real reason to get more than moderately inflamed by the results of all the hubris, throwing all sorts of blame and shame around - except for Bill and Hill - providing something sensible is done for short term and long term. Short term: I think what might work, but which they'll never do since ordinary folk would have some freedom in the end result, (which would never do since moral hazard is only for MOTU and their offspring), is bail out the rest of us. Yep, 'helicopter money'. I think helicopter money administered the way Keen suggests would work and the anti-globalist suggestions he makes would be good for longer term.