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Originally Posted by Excargodog
(Post 4017403)
I’m not going to debate any of this with you, I’m just stating the facts today:
The futures markets are discounting very high future oil costs and the experts are discounting very high future oil costs, if you think they are wrong you can certainly bid against them and if you ARE right, you can make a killing on the crude oil futures exchange. Of course if you are wrong, like Randolph and Mortimer, you are going to lose big. alt=""https://i.postimg.cc/dtFNPdGM/IMG-7974.jpg But then talk is cheap, actually putting your money where your doom and gloom is might cost you a bundle. But if you are smarter than current traders and advisors, go for it. |
I put my money where my mouth is and put a few $hundred K the markets will be fine, and just yesterday added about $50k hoping to tap into this pull back… Before this Summer I plan on $50k more….
Made a killing investing in real estate during the Recession, this won’t be as lucrative but will be fun to gloat about next Fall as we revisit this thread…. |
Originally Posted by Name User
(Post 4017306)
We do that to ensure trade is done in US dollars, it's what allows us to run $1T in deficit every year and print with impunity.
I don’t think it’s with impunity. Where did all the fiscal conservatives go all of a sudden? |
Originally Posted by Clearedtocross
(Post 4017434)
“Slight” correction, the US is currently adding debt at a rate of $1 trillion every five months.
I don’t think it’s with impunity. Where did all the fiscal conservatives go all of a sudden? |
Originally Posted by Lowslung
(Post 4017420)
Some of us would rather see sound decision making vs trying to profit off of the dumbassery of the public officials making said decisions and a perennially fickle market.
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Originally Posted by Excargodog
(Post 4017489)
Well, you can always run for Congressional representative. The pay is only about year two FO pay, and you are only guaranteed the one two year term if elected, but you can be 1/435th of the lower chamber.
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Originally Posted by FangsF15
(Post 4017483)
Tearing our hair out… Both parties are addicted to spending, just at very slightly different levels.
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Originally Posted by Clearedtocross
(Post 4017434)
“Slight” correction, the US is currently adding debt at a rate of $1 trillion every five months.
I don’t think it’s with impunity. Where did all the fiscal conservatives go all of a sudden? |
Originally Posted by vaxedtothemax
(Post 4017421)
I put my money where my mouth is and put a few $hundred K the markets will be fine, and just yesterday added about $50k hoping to tap into this pull back… Before this Summer I plan on $50k more….
Made a killing investing in real estate during the Recession, this won’t be as lucrative but will be fun to gloat about next Fall as we revisit this thread…. So you just happened to have several hundred thousand dollars sitting as liquid cash to buy stocks in the event the market takes a huge dip. Right. And Iran posed an imminent threat to the United States. |
Originally Posted by Name User
(Post 4017522)
Wait is that true? Last I saw was $1T budget deficit for the year. Holy ****!!
On March 18th, 2026 we crossed $39 trillion. So in less than 5 months, we added $1 trillion. If our debt rating takes a hit - likely as we go deeper into debt - the interest paid for additional borrowing increases. The more debt we have, the more difficult it becomes to climb out of it, and the more likely we are to add to it. Metaphorically - a snowball rolling down a hill becomes increasing difficult to stop as it gathers both size and speed. Here’s an article if you like: https://finance.yahoo.com/economy/po...201328218.html |
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