Jump to content


Photo
- - - - -

B4 The Bell Humpday August 11


This topic has been archived. This means that you cannot reply to this topic.
349 replies to this topic

#346 Jimi

Jimi

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,187 posts

Posted 12 August 2004 - 01:02 AM

I would like confirmation on this little dittie which I have been preaching to the choir.

" If a country has gone through a period of disinflation for more than 15 years,consecutivly, there has NEVER been a time when that country has NOT experienced DEflation".

Those are my own words. Am I correct?

Please rephrase without the double-negative.

Also, is this a semantic/theoretical assertion, or a historical assertion?
Sure glad all my albums went GOLD.
"Ferdy-bee-bee-dee-ferbs."
Subscribe & Earn Karma Miles with Every Visit!
Rule #5 Professional Exemption.
Blind Follower, Just Think Positive Hyperinflation, I Get Paid 500 Quadrillion Dollars/Hour at 1000% Interest/Hour Compounding Forever Each Mouse Click Religion.
"I too observe 'flation.'"
I love you, TASR!
YOU MAKE KITTY SCARED
Tops Take Time
Postulate A Free Lunch Economy
Anyone, now, who is not genuinely afraid is a moran.
[T]housands of empty stucco crapboxes vacated after being circle-jerk sham-traded among corrupt borkers, uppraisers and loan officers from 100K up to 800K, then "nopay-walkaway" (with dirty loan cash in pockets)
Guess again, girlfriend.
Or, $2.7 million every effing day since the effing pinball machine.
Permabear Hysterian

#347 Guest_Icky Twerp_*

Guest_Icky Twerp_*
  • Guests

Posted 12 August 2004 - 01:14 AM

THIS is preaching to the choir, here in Stooletown:

Mar. 14, 2004 - The United States is shouldering a greater debt burden today than it did during the Great Depression.
The total amount owed by consumers, businesses, governments and financial institutions totaled $34.4 trillion at the end of 2003, according to the Federal Reserve. The economy produced $11.3 trillion of output.

That makes the nation's debt triple its gross domestic product. In 1933, debt was about 2 1/2 times GDP, according to a study by the Gabelli Mathers mutual fund.

Then, the toxic mixture of investing with borrowed money, a stock market bubble and a shaky banking system proved too vulnerable to a sharp economic slowdown. Deflation rendered debt burdens unmanageable.

All those factors are not in place today. But the debt situation is unhealthy, experts agree.

Consumer debt has doubled in the last 10 years, to a record $9.4 trillion.

Corporate debt is at a record $5 trillion. Federal debt is $4 trillion but set to jump to $10 trillion by 2014. Financial institutions ($11.4 trillion) account for most of the rest of total debt.

This debt bubble comes with the lowest interest rates in four decades.

When rates inevitably rise, the burden will worsen

U.S. Debt Burden Is Higher Now than During Depression

#348 BearHugs

BearHugs

    Stock Proctology Intern

  • Members
  • Pip
  • 249 posts

Posted 12 August 2004 - 01:29 AM

THIS is preaching to the choir, here in Stooletown:

Mar. 14, 2004 - The United States is shouldering a greater debt burden today than it did during the Great Depression.
The total amount owed by consumers, businesses, governments and financial institutions totaled $34.4 trillion at the end of 2003, according to the Federal Reserve. The economy produced $11.3 trillion of output.

That makes the nation's debt triple its gross domestic product. In 1933, debt was about 2 1/2 times GDP, according to a study by the Gabelli Mathers mutual fund.

Then, the toxic mixture of investing with borrowed money, a stock market bubble and a shaky banking system proved too vulnerable to a sharp economic slowdown. Deflation rendered debt burdens unmanageable.

All those factors are not in place today. But the debt situation is unhealthy, experts agree.

Consumer debt has doubled in the last 10 years, to a record $9.4 trillion.

Corporate debt is at a record $5 trillion. Federal debt is $4 trillion but set to jump to $10 trillion by 2014. Financial institutions ($11.4 trillion) account for most of the rest of total debt.

This debt bubble comes with the lowest interest rates in four decades.

When rates inevitably rise, the burden will worsen

U.S. Debt Burden Is Higher Now than During Depression

Excuse my stupidity please, but what does that mean financial institutions owe 11.4 trillion? I thought they were the ones doing the lending, not borrowing? That kind of puts a hole in my idea that banks would prefer 'deflation' as opposed to 'inflation' if that's true.

#349 BearHugs

BearHugs

    Stock Proctology Intern

  • Members
  • Pip
  • 249 posts

Posted 12 August 2004 - 01:39 AM

The nikkei seems to be tracing out a bear flag on the weekly. Maybe even a head and shoulders. Looks like 10630 area breaks it do the downside while 11150 would break it to the upside at least temporarily.

#350 Hypertiger

Hypertiger

    Assistant Professor of Stock Proctology

  • Banned
  • PipPipPipPipPip
  • 3,270 posts

Posted 12 August 2004 - 02:36 AM

THIS is preaching to the choir, here in Stooletown:

Mar. 14, 2004 - The United States is shouldering a greater debt burden today than it did during the Great Depression.
The total amount owed by consumers, businesses, governments and financial institutions totaled $34.4 trillion at the end of 2003, according to the Federal Reserve. The economy produced $11.3 trillion of output.

That makes the nation's debt triple its gross domestic product. In 1933, debt was about 2 1/2 times GDP, according to a study by the Gabelli Mathers mutual fund.

Then, the toxic mixture of investing with borrowed money, a stock market bubble and a shaky banking system proved too vulnerable to a sharp economic slowdown. Deflation rendered debt burdens unmanageable.

All those factors are not in place today. But the debt situation is unhealthy, experts agree.

Consumer debt has doubled in the last 10 years, to a record $9.4 trillion.

Corporate debt is at a record $5 trillion. Federal debt is $4 trillion but set to jump to $10 trillion by 2014. Financial institutions ($11.4 trillion) account for most of the rest of total debt.

This debt bubble comes with the lowest interest rates in four decades.

When rates inevitably rise, the burden will worsen

U.S. Debt Burden Is Higher Now than During Depression

Excuse my stupidity please, but what does that mean financial institutions owe 11.4 trillion? I thought they were the ones doing the lending, not borrowing? That kind of puts a hole in my idea that banks would prefer 'deflation' as opposed to 'inflation' if that's true.

Posted Image

Yes since the fed does not release any of the stats prior to 1950 it is sketchy but above is the best I've been able to construct...sorry it was a work in progress that I got sick of locking at...It is not off by much...

Since it is the end of the night I should be able to squeze this chart below in...

Posted Image

And just so you know how big a Trillion is the following...It will blackout a 19'' monitor...

Posted Image
"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money (at the request of the consumer) we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." --Robert H. Hemphill, Atlanta Federal Reserve Bank,1938...





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart