Well ya know... the economy is cyclic... the highs and the ups last about 6-7 years... the crashes last a couple of years sucking up a large percentage of the high...and the recovery takes 5 or 6 years to regain what was lost and grow again.

It doesn't matter who is in charge...

Biden had four good years... stellar for the stock market... envy of the world...

Imma buy some popcorn... go on like youtube never happened

I was just... thinking about trends. Sometimes it's not bad to lose an election. Really Bill Clinton scored in his timing as did Obama...sealed their historical reputations.

It wasn't really Bushturd2... it was his timing... and big business greed.

The debt isn't cyclic

#10 | Posted by oneironaut at 2024-11-23 05:16 PM | Reply | Flag EYE$ ROLL

aaaaaaannnnnnd who is going to collect on this debt and what will it look like? Seriously... I want to know. Been listening to this ghost story all my life... except during Clinton years when he was paying it down... who is this mysterious and deadly debt collector?

Can someone tell me what I am supposed to be afraid of? Everyone I know who has accrued huge debt and couldn't pay it off just filed bacruptcy and poof. They gonna put us in debtors prison? Gonna repo my SUV? All the SUVs?

Personally... I would never go bankrupt... I'd rather die... but that's just my ego tripping... and the thought of killing myself keeps me from accruing a lot of debt. Yet I am always hearing about this HUGE debt that doesn't matter when they talk about going to war.

I'd like to worry about something tangible...threatening... evil instead of some abstract like this debt that never goes away and somehow nothing changes because of it... and yet it's scary.

One might think all those tax cuts for corporations and upper income earners since '80 were a horrible mistake.

#13 | Posted by morris at 2024-11-24 03:00 PM | Reply | Flag:MMMHMMMM

Here what was said about that:

Reagan proved deficits don't matter.

Dick Cheney

so... what's the problem? What's the threat? Tell me the pending doom. I keep hearing about it. They keep yammering about it. What is going to happen?... a hand full of oligarchs are going to pick up their marbles and move to another planet?... what? what? what?