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Topic: Is the US economy going up or down? (Read 3598 times)

sr. member
Activity: 448
Merit: 250
November 02, 2014, 01:29:59 PM
#46
US economy goes down slowly. We do not know the real things, but US economy is based on wars and oil. If that would be stopped somehow then drop of economy will be more than obvious.

Exactly. Maybe if US will starts to sell a part of their oil, there will be possible to stop the decreasing of economy. Hope that US will stop wars.
A country's war machine can actually help stimulate it's economy as massive amounts of money is spent on the war. Plus when the war is over (assuming the country wins the war) it's companies will often participate in the rebuilding in the country that lost the war, resulting in more economic activity
sr. member
Activity: 574
Merit: 250
November 02, 2014, 01:17:43 PM
#45
US economy goes down slowly. We do not know the real things, but US economy is based on wars and oil. If that would be stopped somehow then drop of economy will be more than obvious.

Exactly. Maybe if US will starts to sell a part of their oil, there will be possible to stop the decreasing of economy. Hope that US will stop wars.

Watch out for China, will eat America and get sick with it's rotten bones.
full member
Activity: 120
Merit: 100
November 02, 2014, 01:10:03 PM
#44
US economy goes down slowly. We do not know the real things, but US economy is based on wars and oil. If that would be stopped somehow then drop of economy will be more than obvious.

Exactly. Maybe if US will starts to sell a part of their oil, there will be possible to stop the decreasing of economy. Hope that US will stop wars.
sr. member
Activity: 448
Merit: 250
November 02, 2014, 12:47:10 AM
#43
Is very interesting to notice that majority of bearish opinions come from US, while majority of bullish opinions are overseas.

The main drive for this is the shale oil revolution, which is being minimized in the public channels so US can take a huge leap forward. Meanwhile, EuroFlowers go riot because they think shale is going to poison the Milky Way.

The second drive is that while in Euroland, Russia and LatAm are driving towards a neo-socialism (which means rigid labour, low productivity, subsidies and general misery) US and some Asian countries are still waving the business friendly flag.

As some pointed here, Stock Market is useless. Its pretty disconnected from reality since 2010. But you will live much better the next 10 years in USA than in any euro country, thats a fact. And im under the blue starred flag...  Undecided

Stock market is a useless barometer because of QE, but I guess at some point it is going to have to reflect ground reality. There will be a bloodbath when the correction occurs.
I agree that QE had somewhat distorted stock prices, (you should note that even now that QE is completed the stock market is continuing to hit record highs) it is not a 100% useless barometer of the health of the US economy. One thing you can look at is corporate earnings (which also influences stock prices) and by this measure the economy is doing very well.
full member
Activity: 1834
Merit: 166
November 01, 2014, 11:16:17 PM
#42
So contrary to the community opinion, the U.S. economy is doing fairly well. The U.S. has been meeting inflation goals, GDP growth is better than most economies, the dollar is strong, and improved hydrocarbon production in addition to lower prices means less outflow to nations the U.S. doesn't really like. QE is slowing down, which signals faith in conventional growth, and the major indices like the Dow, NASDAQ, S&P, are performing fairly strongly.

All the signs and metrics suggest the U.S. economy is "going up" as you put it.
hero member
Activity: 675
Merit: 500
November 01, 2014, 08:52:56 PM
#41
Is very interesting to notice that majority of bearish opinions come from US, while majority of bullish opinions are overseas.

The main drive for this is the shale oil revolution, which is being minimized in the public channels so US can take a huge leap forward. Meanwhile, EuroFlowers go riot because they think shale is going to poison the Milky Way.

The second drive is that while in Euroland, Russia and LatAm are driving towards a neo-socialism (which means rigid labour, low productivity, subsidies and general misery) US and some Asian countries are still waving the business friendly flag.

As some pointed here, Stock Market is useless. Its pretty disconnected from reality since 2010. But you will live much better the next 10 years in USA than in any euro country, thats a fact. And im under the blue starred flag...  Undecided

Stock market is a useless barometer because of QE, but I guess at some point it is going to have to reflect ground reality. There will be a bloodbath when the correction occurs.
sr. member
Activity: 265
Merit: 250
Honni Soit Qui Mal i Pense
October 31, 2014, 10:17:20 PM
#40
Is very interesting to notice that majority of bearish opinions come from US, while majority of bullish opinions are overseas.

The main drive for this is the shale oil revolution, which is being minimized in the public channels so US can take a huge leap forward. Meanwhile, EuroFlowers go riot because they think shale is going to poison the Milky Way.

The second drive is that while in Euroland, Russia and LatAm are driving towards a neo-socialism (which means rigid labour, low productivity, subsidies and general misery) US and some Asian countries are still waving the business friendly flag.

As some pointed here, Stock Market is useless. Its pretty disconnected from reality since 2010. But you will live much better the next 10 years in USA than in any euro country, thats a fact. And im under the blue starred flag...  Undecided
legendary
Activity: 1134
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www.cryptodesign.cc
October 31, 2014, 09:54:30 PM
#39
US economy goes down slowly. We do not know the real things, but US economy is based on wars and oil. If that would be stopped somehow then drop of economy will be more than obvious.
legendary
Activity: 2128
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Next Generation Web3 Casino
October 29, 2014, 11:18:41 PM
#38
It's hard for me to understand how we can fuck it up this badly for ourselves here in the united states. We have 300 million people in a gigantic country with good capabilities/minerals/strategic position.

People here could potentially become net producers for society and sustain themselves endlessly.

Even with climate change there will still be places suitable for agriculture. We have deserts and other places for all the wind power and solar. There is plenty of water (if we manage it correctly instead of spilling the majority of it onto grass and also evaporating it in the air in the process, (also spilling millions of gallons of it because someone pissed in it)).

We have huge forests, more good land than we know what to do with.


Perhaps we've left the corporations screw us over with no limit. The rich could be dethroned very easily, all we have to do is replace their stuff with our stuff. A new renaissance with 3-d printing coupled with ingenuity and knowledge to create working machines to replace anything. Where we choose wisely the corporations we deal with. Boycotting products that are created unethically and places that pay people bellow a minimum wage out of existence.

I see a lot of action taking place even now, but I don't know what to make of it. BTC is a step forward.

It wasn't a 'fuck up', it was a plan. If you let someone / some entity control your money supply, than they will divert it to themselves and their friends.  Doesn't matter if it's 150 AD or 2500 AD, this will always be the case.

The riches of the middle case, earned in part by the success of WW2 for America, over the last 50 years or so, has been diverted to the pockets of the extremely wealthy. This isn't my theory, any charts showing the concentration of wealth will show this.

We now live in a world where the biggest corporations pay less than 2% tax on their earnings, such as Starbucks, and profit billions; while the guy working at Starbucks pays closer to a tax rate of 40% and can barely cover his bills. We live in a world where the US dollar is the world reserve currency, and is created by private corporation lending money to itself. The debt can not be paid. This is not going to end well.

What's going to happen next? It's  a big cycle. Shit will get worse and worse, everyone will get poorer and poorer while the elites get richer and richer, until their is collapse or revolution and the cycle starts again.
member
Activity: 67
Merit: 10
October 29, 2014, 09:11:38 AM
#37
It is still not that stable compared to NZ and AUS
full member
Activity: 591
Merit: 108
October 29, 2014, 06:02:47 AM
#36
The U.S. based economy is definitely going down. To get a good indication of this--just look at the current gas prices. Oil prices generally present a clear indicator of how well people think an economy is doing. Gas prices up = people using their cars to go to places to spend money, hence the demand for gas increases. Reverse that and you have the current trend that is happening right now.

This is an over-simplified explanation but if you want a better explanation just ask.
member
Activity: 462
Merit: 10
October 27, 2014, 06:37:59 PM
#35
It's not just the US economy but the World. Yeah down short term or near term but in the long term, it's always going up.
full member
Activity: 225
Merit: 100
October 22, 2014, 01:46:59 PM
#34
US economy going slowly down and will fall a lot,maybe in the next year we will se an increasing of the economy, but not now.
member
Activity: 420
Merit: 10
October 22, 2014, 01:08:52 PM
#33
The banks inflated the economy with funny money last time around.

This time it's the Federal money that has inflated the economy.

Sit back and wait for the crash because it's coming.

Another indicator would be real wages (private sector especially) - which haven't risen.

That would be a real sign of a growing economy.

This man speaks the truth ,

High debt ,

High unemployment ,

High Inflation of the dollar ,

BRICS & friends dropping the Dollar all together ,

The U.S will fall under this house of cards soon enough. The dollar has become a currency too weak, it cannot sustain the U.S economy anymore, and everyday that passes the inflation gets worse. Every passing day, people in the streets are realizing that prices are going up, yet their disposable income is the same or less . They are feeling the 'trick' , which allows them to wake up and realize that something is WRONG and getting worse.


full member
Activity: 183
Merit: 100
October 19, 2014, 10:44:59 AM
#32
Simple question. From where I'm standing it seems to be doing neither so I'd like to hear some facts and perhaps some opinions.

Doesn't matter, all these macroeconomic data improvements only satisfy the wealthy, most people will go on wit their shitty lives.
Economic growth has nothing to do with living conditions in a country. Economic growth is irrelevant. Employment rates and personal debt rates matter

course of a country's economic growth is very influential in the welfare and growth of the business sector in the country, with a growing economy will give rise to new entrepreneurs that will improve the welfare of the people in that country, with the emergence of new entrepreneurs will open new jobs, hopefully with economic growth will be in line with the increase in social welfare ...
Generally speaking the rate of economic growth has a positive coloration with the overall standard of living in a country. This is due to the fact that as GDP rises, more goods and services will have been produced (this is the definition of GDP) so more labor hours will have to have been used to produce the additional goods/services. More labor hours means more income for the working class.
full member
Activity: 164
Merit: 100
October 19, 2014, 06:01:37 AM
#31
Simple question. From where I'm standing it seems to be doing neither so I'd like to hear some facts and perhaps some opinions.

Down in inflated adjusted term, up in not adjusted term.
sr. member
Activity: 280
Merit: 250
October 19, 2014, 05:51:17 AM
#30
Simple question. From where I'm standing it seems to be doing neither so I'd like to hear some facts and perhaps some opinions.

Doesn't matter, all these macroeconomic data improvements only satisfy the wealthy, most people will go on wit their shitty lives.
Economic growth has nothing to do with living conditions in a country. Economic growth is irrelevant. Employment rates and personal debt rates matter

course of a country's economic growth is very influential in the welfare and growth of the business sector in the country, with a growing economy will give rise to new entrepreneurs that will improve the welfare of the people in that country, with the emergence of new entrepreneurs will open new jobs, hopefully with economic growth will be in line with the increase in social welfare ...
full member
Activity: 183
Merit: 100
October 19, 2014, 12:25:24 AM
#29
he drop in U.S. workforce participation since the financial crisis is largely due to the aging of the American population and will not reverse even if labor markets improve, this and the fact works are getting automatized and you get what we have.
I agree that the drop in the labor force participation rate is a serious problem for the US. It will prevent the US from realizing it's full potential and is creating an unknown level of slack in the labor market, which will make it very difficult for policy markers to know when to adjust monitory policy as it is not known when/if these people will return to the workforce
sr. member
Activity: 378
Merit: 250
October 18, 2014, 01:08:26 PM
#28
US economy is going slowly down, consider that Putin one months ago has sold all of USA title for a big quantity of money. This title was converted in gold  Grin. Anyway i consider that China in the next future (1-2 years) will be the biggest and powerful country of the world.
BRE
legendary
Activity: 1218
Merit: 1014
Lucky.lat | Marketing Solutions & Implementations
October 18, 2014, 12:45:55 PM
#27
The average American is indeed sensing danger. A recent survey found that 61% of Americans believe a catastrophe is looming - yet only 15% feel prepared for such a deeply troubling even.

But for US people , now they must prepare for the crash , If they brace their selves properly and control the impact, they will survive it.
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