2024 Presidential Debate
- Thread starter MonkeyButtRides
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michael parris heuberger
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Hi. With Bidens sharp mind he will take Trump back to school. Just look what he has done for us 1 more jobs than anyone, just look at all the much needed doctors and nurses that he has let come in to the USA and no new wars. Trump had us on the brink of war every day. Biden has even helped the pour country of Iran with there money problems so they can help there ftiends and to help them get nuke power.
Zerks
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Somebody with TDS will say... that smile didn't mean anything... he always does that when some reporter ask him a question... nothing to see here... its just Biden smiling... doesn't he smile every time someone ask him a question? That was his poker face smile.
I believe the 2008 crash was a managed trial run, as well as an opportunity for those with inside information to make a fortune. Lots of big name players cashed out of shares leading up to it, Gates for one, Buffett for another. After everything hit bottom I remember a story about him coming in and buying bank shares, with very favorable options. As always he was lauded as a hero, blood in the streets and all that but he was "Backing America" I just laughed, people are so gullible.
The entire world's economy on the rails because one insurance company and one Hedge fund gets into trouble? When the Fed can and has bailed out anyone anytime? The western markets are just a massive pump and dump casino and underpinning it all today is Trillions in Private pensions. When you control those you can buy and sell anything and it's all basically buried under a mountain of internal reports issued once a year if that. Who are the men that control these pension funds? Where did they come from? Obviously Big corporate, the banking sector naturally, that's the sort of CV you'd need. Big players at the top who are all in the same 'club' so to speak.
A couple of hundred billion was lost when the SPAC bubble imploded after Covid. WeWork, Zoom, all the darlings of that era collapsed, 70% 80% 90% and WeWork went bankrupt. Who owned those shares? We don't even have to speculate, we know pension funds invest in growth companies. Now we have the collapse of the EV bubble. Half a trillion wiped out in the US alone so far. Pensions would have been deep into those too. It doesn't mean anything if the DOW or the NasDuck rises over time, your pension fund holds individual companies and when one falls they simply replace it in the index with another that is rising. A shell game of sorts. I have a modest amount in one of Australia's most profitable private pension funds from before I went self employed. It's gone nowhere in 12 years! Nowhere. That's what happens when you stop contributing. If it had have been in Gold it would have gone up 400%
But like you say, we're getting close to another collapse, the finance cycle lasts about 17~20 years so we're right on track statistically.
Read these and the "common wisdom" replies. It's a joke. If billions weren't being fed back into these funds every week they would look disastrous but they are constantly topped up by new contributions.
‘My pension lost £200k’: over-55s forced to rethink retirement amid job cuts
The pandemic could mean there is no chance of ever retiring for some people
www.telegraph.co.uk
Shocked at how much my pension lost last year - should I change?
Got a Scottish Widows Pension via work, I think we have a good deal on low fees, but shocked at how badly it performed. It's not clear if this is COVID-19 related or not. If all plans have gone to hell in a handbasket, then I guess that's just how things are.
Pension lost £25,000 in 2022 | Mumsnet
Ahhhh not sure what to do - since my divorce my pensions have been managed by a single company. They grew by £13k in 2021, but are down by &pou...
www.mumsnet.com
Economists are liars, their sole function in the world is to manage and predict events in finance. Plenty of people saw the GFC coming in 2008, but not a single mainstream economist. They are trained to lie, trained to funnel money into government and corporation coffers.
Zerks
Registered
I am not aware of your statement as fact at the end there, but, it makes sense.I believe the 2008 crash was a managed trial run, as well as an opportunity for those with inside information to make a fortune. Lots of big name players cashed out of shares leading up to it, Gates for one, Buffett for another. After everything hit bottom I remember a story about him coming in and buying bank shares, with very favorable options. As always he was lauded as a hero, blood in the streets and all that but he was "Backing America" I just laughed, people are so gullible.
The entire world's economy on the rails because one insurance company and one Hedge fund gets into trouble? When the Fed can and has bailed out anyone anytime? The western markets are just a massive pump and dump casino and underpinning it all today is Trillions in Private pensions. When you control those you can buy and sell anything and it's all basically buried under a mountain of internal reports issued once a year if that. Who are the men that control these pension funds? Where did they come from? Obviously Big corporate, the banking sector naturally, that's the sort of CV you'd need. Big players at the top who are all in the same 'club' so to speak.
A couple of hundred billion was lost when the SPAC bubble imploded after Covid. WeWork, Zoom, all the darlings of that era collapsed, 70% 80% 90% and WeWork went bankrupt. Who owned those shares? We don't even have to speculate, we know pension funds invest in growth companies. Now we have the collapse of the EV bubble. Half a trillion wiped out in the US alone so far. Pensions would have been deep into those too. It doesn't mean anything if the DOW or the NasDuck rises over time, your pension fund holds individual companies and when one falls they simply replace it in the index with another that is rising. A shell game of sorts. I have a modest amount in one of Australia's most profitable private pension funds from before I went self employed. It's gone nowhere in 12 years! Nowhere. That's what happens when you stop contributing. If it had have been in Gold it would have gone up 400%
But like you say, we're getting close to another collapse, the finance cycle lasts about 17~20 years so we're right on track statistically.
Read these and the "common wisdom" replies. It's a joke. If billions weren't being fed back into these funds every week they would look disastrous but they are constantly topped up by new contributions.
‘My pension lost £200k’: over-55s forced to rethink retirement amid job cuts
The pandemic could mean there is no chance of ever retiring for some peopleShocked at how much my pension lost last year - should I change?
Got a Scottish Widows Pension via work, I think we have a good deal on low fees, but shocked at how badly it performed. It's not clear if this is COVID-19 related or not. If all plans have gone to hell in a handbasket, then I guess that's just how things are.forums.moneysavingexpert.com
Pension lost £25,000 in 2022 | Mumsnet
Ahhhh not sure what to do - since my divorce my pensions have been managed by a single company. They grew by £13k in 2021, but are down by &pou...
Economists are liars, their sole function in the world is to manage and predict events in finance. Plenty of people saw the GFC coming in 2008, but not a single mainstream economist. They are trained to lie, trained to funnel money into government and corporation coffers.
Your links reflect terrible money management, not a consensus of whatever conspiracy you're suspecting. Perhaps the U.K. is different but my retirement fund grew in 2022 and 2023, and is still growing, although much slower as my retirement last year lowered my income quite a bit.I believe the 2008 crash was a managed trial run, as well as an opportunity for those with inside information to make a fortune. Lots of big name players cashed out of shares leading up to it, Gates for one, Buffett for another. After everything hit bottom I remember a story about him coming in and buying bank shares, with very favorable options. As always he was lauded as a hero, blood in the streets and all that but he was "Backing America" I just laughed, people are so gullible.
The entire world's economy on the rails because one insurance company and one Hedge fund gets into trouble? When the Fed can and has bailed out anyone anytime? The western markets are just a massive pump and dump casino and underpinning it all today is Trillions in Private pensions. When you control those you can buy and sell anything and it's all basically buried under a mountain of internal reports issued once a year if that. Who are the men that control these pension funds? Where did they come from? Obviously Big corporate, the banking sector naturally, that's the sort of CV you'd need. Big players at the top who are all in the same 'club' so to speak.
A couple of hundred billion was lost when the SPAC bubble imploded after Covid. WeWork, Zoom, all the darlings of that era collapsed, 70% 80% 90% and WeWork went bankrupt. Who owned those shares? We don't even have to speculate, we know pension funds invest in growth companies. Now we have the collapse of the EV bubble. Half a trillion wiped out in the US alone so far. Pensions would have been deep into those too. It doesn't mean anything if the DOW or the NasDuck rises over time, your pension fund holds individual companies and when one falls they simply replace it in the index with another that is rising. A shell game of sorts. I have a modest amount in one of Australia's most profitable private pension funds from before I went self employed. It's gone nowhere in 12 years! Nowhere. That's what happens when you stop contributing. If it had have been in Gold it would have gone up 400%
But like you say, we're getting close to another collapse, the finance cycle lasts about 17~20 years so we're right on track statistically.
Read these and the "common wisdom" replies. It's a joke. If billions weren't being fed back into these funds every week they would look disastrous but they are constantly topped up by new contributions.
‘My pension lost £200k’: over-55s forced to rethink retirement amid job cuts
The pandemic could mean there is no chance of ever retiring for some peopleShocked at how much my pension lost last year - should I change?
Got a Scottish Widows Pension via work, I think we have a good deal on low fees, but shocked at how badly it performed. It's not clear if this is COVID-19 related or not. If all plans have gone to hell in a handbasket, then I guess that's just how things are.Pension lost £25,000 in 2022 | Mumsnet
Ahhhh not sure what to do - since my divorce my pensions have been managed by a single company. They grew by £13k in 2021, but are down by &pou...
Economists are liars, their sole function in the world is to manage and predict events in finance. Plenty of people saw the GFC coming in 2008, but not a single mainstream economist. They are trained to lie, trained to funnel money into government and corporation coffers.
Well I would hope so! How much are you and your employer adding to it each month? Why do think the markets are so high, because companies like Tesla and lift and Zoom and WeWork were really worth what people payed for the shares? Every month Billions of dollars are coming out of your wages and everyone else's, all looking for a home. Much of it floods into the stock market and bids up the price of the shares. That's just basic supply and demand, greater demand, up go prices. It's an interesting game but it will come to an end, just like it did in 1929
The chicanery that's modern economics has been pointed out by many, by many economists in fact. The same as many doctors have called out the corruption inherent in their own industry, Vis-à-Vis pharmaceuticals. It all begins in the University where the impressionable young economics students, or medical students, begin their training.
Much of sound economics is simply keeping out of debt and minding your savings, we all know that! But they are taught Keynesian economic theory that says the opposite. At it's core it says you borrow and spend your way to prosperity. Well that can work for only so long and then the money becomes worthless and the house of cards (debt) comes crashing down. Why teach this? Who funds them? Basically it's in the interests of Government and banks to do it this way. Banks make a fortune on interest and government gets to spend as much money as it wants. If it wasn't the case everyone on a basic income could afford to buy a house and have a wife at home raising the kids. Just like it was back in the 50's.
If anyone disagrees with this then please explain why the living standards of the Average citizen have fallen and fallen as the debt has increased and increased? The total household debt of the US is now $17.3 trillion. It doesn't matter what your house is worth, what are you gonna do, sell it and go live in a pup tent?
You need to work on your reading skills. I’m retired. I made a bunch off of Zoom, got out at the right time on the advice of a friend. Good decisions is what it’s about, not who’s in the White House or what some secret agency is planning.
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Yeah, everyone is an investment legend, until they're not.
One thing I can guarantee is the enemies the US watched that debate and are smiling to themselves.......
In order to present a strong presence, the US President needs to appear as a strong, no nonsense character.....If a guy like Clint Eastwood was much younger and was president, the enemies of the United States would maintain a very low profile in fear of being wiped off the planet.
Sadly Biden doesn't have this presence and the world knows it and we see the result...perhaps these wars wouldn't have started under Trump, that's debatable........we will never know but we do know how Reagan handled business and how the enemies of the US reacted.
The next US election will be one for the history books...
In order to present a strong presence, the US President needs to appear as a strong, no nonsense character.....If a guy like Clint Eastwood was much younger and was president, the enemies of the United States would maintain a very low profile in fear of being wiped off the planet.
Sadly Biden doesn't have this presence and the world knows it and we see the result...perhaps these wars wouldn't have started under Trump, that's debatable........we will never know but we do know how Reagan handled business and how the enemies of the US reacted.
The next US election will be one for the history books...
Unless miraculously the participants change, looks more like one for the comic books.
Maybe Trump knew what was about to happen in Ukraine........and knew Russia might be shutting down it's flow of oil and gas to Europe..
Maybe? Technically speaking though Russia didn't shut it down, the West applied sanctions and stopped buying a lot of it. It was gonna happen anyway, one day though, lets face it, money doesn't grow on trees and Western Europe is Broke, in debt up to it's eyeballs. All their energy comes from outside, and here's the thing no one is talking about. What happens in 10 or 20 years when the Gas and oil gets scarce and they can't afford to buy all they want? They'll have to curtail their usage then anyway, so why not do it now and blame Russia lol. I mean come on, you know how these things work, governments always blame someone else for the problems, the Gypsy's and the Jews, the Migrants, evil islamic terrorists. So let Europe power down now and get it out of the way. And what's their problem, they were bragging how they were going to be 100% rebuildable soon anyway
A person’s character is entwined into everything they think and do. Trump’s character is corrupt, and that’s putting it nicely.
Zerks
Registered
You forgot to mention who blew up the Nordstream underwater pipeline... but I digressed as I often do.... lolMaybe? Technically speaking though Russia didn't shut it down, the West applied sanctions and stopped buying a lot of it. It was gonna happen anyway, one day though, lets face it, money doesn't grow on trees and Western Europe is Broke, in debt up to it's eyeballs. All their energy comes from outside, and here's the thing no one is talking about. What happens in 10 or 20 years when the Gas and oil gets scarce and they can't afford to buy all they want? They'll have to curtail their usage then anyway, so why not do it now and blame Russia lol. I mean come on, you know how these things work, governments always blame someone else for the problems, the Gypsy's and the Jews, the Migrants, evil islamic terrorists. So let Europe power down now and get it out of the way. And what's their problem, they were bragging how they were going to be 100% rebuildable soon anyway
We were moving petroleum energy to Europe a few years ago and were ready to ramp it up even more... then... along comes Biden and energy grinds to a snails pace and shortly after he goes to the Saudis and begs for increased production. What do the Saudis do? They decrease production which was like giving Biden the finger.
We have an anti Petroluem president...
Same as our Prime Minister who doesn't like our western provinces or the oil and gas industry...
Canada has enough oil and gas to rival Saudi if we exploited it.....
Zerks
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We have plenty here too... The oldest oilfield in America is in Texas... aka the Permian basin. Since horizontal drilling and fracking have been developed the Permian Basin is producing more now than it ever did before and it been getting drilled for at least a 100 years.
In North Dakota we have the Bakken field... it is the cleanest crude in the world. When oil companies drill a well there its not whether or not you hit oil... its how much are you going to get when you do. Then, go a little deeper and we have the Three Forks formation under the Bakken field.... No idea how much is there but it's untapped for now. One funny part of all that is the Bakken field ends at the state line between North and South Dakota... hmmm... is South Dakota sitting on untapped reserves?
Canada needs new leadership just like we do... How do we get the right people into office?
In North Dakota we have the Bakken field... it is the cleanest crude in the world. When oil companies drill a well there its not whether or not you hit oil... its how much are you going to get when you do. Then, go a little deeper and we have the Three Forks formation under the Bakken field.... No idea how much is there but it's untapped for now. One funny part of all that is the Bakken field ends at the state line between North and South Dakota... hmmm... is South Dakota sitting on untapped reserves?
Canada needs new leadership just like we do... How do we get the right people into office?
Zerks
Registered
I would bet it was more people than Trump that knew what was coming to Germany as it concerns Russian energy. That Nordstrom demo job has American finger prints all over it... the last 5 seconds tell us.
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