Is Macro A Kind Of A Macaroni?"
 

For a group with a modicum of wealth as the P Board Boyz have your knowledge of the Macro economy is pitiful. Your well being is directly tied to the vicissitudes of that economy. You Boyz can't see nor comprehend the mechanics of it.. as there is little to to NO mention of it in the missives posted here. "Uhhh is Macro a kind of a Macaroni?" :rolleyes:

My tidings have been ominous since 2008. I have not changed my prognosis one iota since then. The situation has steadily deteriorated since that date in a process of decline. 2020 is the other half of the 2008 storm which I long so said was going to come.. It is getting to the point where the USA can no longer print nor borrow it's way of of this mess." And that is the only remedy that they have.

And what delusion have the Progressive's come up with...Modern Monetary Theory..where it says you can print and borrow all you want and the sky isn't the limit.. and the ohh so familiar affirmative refrain is..... "Well nothing has bad happened yet!" which is a variation of what the genius's on this Board like to chant like Krishna's at the airport...'Well the dome you said was gona happen hasn't."

As Jesus said, "No one knows the day nor the hour, only God does."

Dow at 30,000. Tabs... increase your dose of thorazine and top it up with a few hits of jack... you will be feeling like a trumpette in no time.....

Yes, it’s a big roni like Manicotti, not the microroni like stars.

...or, if you tend towards more complicated macaronis..

Sub Tabs_Spewinator(trigger As String)

Dim c As Integer
Dim resp As String

Select Case trigger
Case "Dow is going up"
resp = "You boyz will never understand"
Case "Life is good"
resp = "When will you learn you're just a pawn"
Case "I'm optomistic about the future"
resp = "I've been telling you for 10 years, Armageddon is just around the corner"
End Select

For c = 1 To 10
Print: resp
Next c

End Sub

Lipids!
Proteins!
Nucleic Acids and Carbs!

All of these are
Macro-molecules!

to be polite, you have become the Poster Boy of what I am talking about.

There is a direct correlation between Equity pricing and the amount of money the FED has printed since March (3T). While the Main Street economy has crashed and is burning..

The FED has exceeded their mandate by buying ETF's, Corporate Bonds, and Muni Bonds for the first time as well as Mortgage Backed Securities..

The worlds Central Banks have printed 20T since March.

The Velocity of Money is at less than 1.2. Which means the economy is virtually nil.

The USD has been falling since November.. The ADVERSE SHIFT is seemingly taking place as USD is no longer being seen as a safe haven. the Chinese are selling off a portion of their US Treasury position.

80% of American re living from paycheck t paycheck

20M are unemployed, 9.9M are not up to date on paying their rent or mortgage. the Food Bank lines stretch for miles..the BK's are multiplying..

The Labor Dept said this week that their Unemployment stats are INACCURATE..

So as the world burns Equities fiddle...

We're too close to the forest to see the trees Tabs.

A macaroni is a fop, a British dandy - the kind of person who would walk around wearing dragon ass jeans.
The Brits made fun of American yankies for not being up on the current Brit macaroni's fashion :

"Yankee Doodle went to town
A-riding on a pony,
Stuck a feather in his cap
And called it macaroni. "

Simply put since 2008 all that has been done is to kick the can down the road by Printing and Borrowing..well we are coming to the end of the road. Cause you can't pretend to be MC when you don't have a job, can't pay the rent and don't have money to buy food.

Now some of you are becoming 401K millionaires where everything seems swell..but what is not apparent is that the FED has turned your $$$$'s into MONOPOLY MONEY.. where now the world is beginning to reject them.

BTW since 2008 there never was or is a solution that would restore REAL prosperity to the USA. That was when the GREAT AMERICAN POST WW2 PROSPERITY BUBBLE finally went bust. Instead of trying to deny it by printing and borrowing, Americans could have faced reality by looking at themselves in the mirror and sucked it up. But that didn't happen now did it,

I'm RICH!http://forums.pelicanparts.com/uploa...1607733432.jpg

You see the trees but not the larger forest.. but you essentially got it right.

I see the mechanics of it because I can stop and pull back to take the long view. It is like seeing all the balls on a pool table in motion at the same time and knowing what their trajectories are. The trajectory went wrong in 68 with LBJ and the SS Trust into the GA..since then it has been one bad decision after another.

At first it seemed a small thing as the USA was so wealthy, but as the wealth was dissipated it became harder and harder to maintain the illusion.

Today the powers that be are hesitating to pull the trigger on more printing and borrowing.. The question then becomes do they know something that we don't as a causation for the hesitation? The thing that they might know is that they realize that we have truly come to the end of the road where you can't kick the can anymore..

Who do you attribute that "I'm rich" quote to....Bezos, Gates Buffet?

But you got the message.

Parker Brothers

Well, Tabs, you do have same valid reasoning behind your logic.
Here’s my $0.42:
1. Lots of folks in the US didn’t learn from the dot.com bubble nor the 2007/2008 housing crisis. Those who did are likely heading into retirement off of their nest eggs. Further: the current financial “playas” didn’t live through those eras where there was swift and vast financial collapse. (Required viewing to come up to speed on these eras: The Big Short & Valley of the Boom)

2. While the gobberment continues to print more Monopoly money, the average American consumer has leveraged their borrowing power and pushed themselves way beyond any safety nets they may think are in place. Sadly, debt is no longer a four-letter word.

3. The next generation of young adults feel no obligation to work hard for their money, but rather have an expectation that someone, anyone, will bail them out of their financial mess. (Here’s a solution of the current student debt crisis: you borrowed it, you pay it back!)

4. The US is losing ground in the tech and technology-as-a-service sectors. Yes, the POTUS did a lot to bring back manufacturing to the US, and got more Americans working. But are they the right jobs for a sustainable future? Do Americans want those jobs? Are the salaries from those jobs able to sustain our consumer-oriented, borrow heavy society?

5. Oh yeah - and there’s this global pandemic going on - which will take years to get out of, financially speaking. This black swan event only accelerated what may be to come if we continue going down this road.

Does this mean that I’m going to sell all my wares and build a log cabin in the woods and stock up on spoons? Nope - not at all. What it does mean is that I am going to focus on old school financial methods: live BELOW your means, pay off your debts, save up for the future, and diversify your investments in stocks, bonds, and real estate. Maybe even precious metals.

...and if my plan works out, I will buy a small island in the Pacific (Perhaps Ban Island?), declare myself “Supreme Ruler Zoltan,” and tell the penguins to keep marching....

Or maybe I should just stick my head in the sand with the hopes that everything will be ok tomorrow...

Tabs equating things with food yet again...

It took 1000 years for the Roman Empire to collapse,

Keep up your prognosis.... ...but I think you’re a few centuries early yet.