Complete economic melt down
China owning the entire U.S.
Earth visited by alien beings (from deep space, not Mexico)
Hillary as president
Mnkd gains approval of Afrezza
With my luck, the list is in the correct order.
#1 - Wont happen. We have already gone thru the worst (2009). With Fiat currency around the world things will be kept afloat. The public must not question fiat curency though for this to pan out.
#2 - Yeah right. China has only about 10% of the US debt. Without the US buying all their #$%$ products they would fall hard. China is in a mess just as big as the US if not bigger. Ever heard of their goast towns, malls, real estate bubble. The problems of only one child are also going to start to become apparant. Men will not be able to find a wife, start a family, and grow a youthful population resulting in an extreme elderly burden.
#3 Maybe. I have to admit I am intrigued by the Ancient Alien Theory. Mind boggling what science and physics is discovering by the day. Is reality just an illusion?
#4 Hillary and V.P Mrs Obama 2016 probably a likely ticket especially if the economy is good.
#5 Hopefully within 1 year!
#6 Dont really see that happening.
Obama will seek a third term (yes, unconstitutional) but he will have no one to run against him as total apathy will exist; the job is worth the pain and good men/woment are losing interest.
In regards to Jeff's statements in opposition to nialla44, lets review his points:
"That said the Dow is at record highs, unemployment is falling, real estate recovery is at hand and energy independence within a 10 year timeframe for the USA is possible. On top of that it is not like Obama entered the game on favorable terms. So the budget burden has to be placed on both sides. "
Dow is at record highs due to increased automation, off-shoring jobs, down sizing, and corporations paying less in taxes---this does not imply the economy is improving, it simply means corporations are now running mean and lean with 40% less people.
Real estate recovery seems real but it isn't. Artifically low % rates help but the vast majority of "shadow inventory of houses" were collectively sold to China banks. We owe China 4T$ and we have to repay them (unknown to most Americans). Loads come due.
Energy independence is a pipe dream. It will never happen in this country unless we have a president and congress that have insight, intellect, honesty, dedication and direction---that will never happen, not when they are out for #1.
Unemployment is not 7% as the govt. indicates. The govt. does not count those (elects to not knowledge) who graduated to welfare, those who are "under employed" those who gave up seeking work, and those on the streets. The real true "unemployment figure is closer to 15% but they hide that fact so you feel better about yourself----unless that is you are one of those mentioned above.
I'M WITH YOU JEFF---the glass is 50%....either full or empty.
I wish I had your optimism and I sincerely hope you are right.
I can’t get over obamacare; I’m a CFO and have to deal with this monster. We may and I certainly do not look forward to this, but we may be dumping all our employees’ health care insurance and paying the penalty. That decision will be made as we get closer to 2014, as we weight all the cost and plan our strategy going forward.
The only reason the market is up, is the Fed is keeping interest rates artificially low by the non- stop printing of money and then turning around and buying US Treasury’s. This is a dangerous game that will bite us in the rear one of these days. The Fed is devaluing our dollar and that will result in high inflation somewhere down the road.
You’re right, our debt is more attractive than most, but if the nuts in DC keep doing what they’re doing, it won’t be long before our credit rating is lowered.
I don’t see the glass as half empty, I see the glass as three quarters empty and the glass has a hole in it.
On the other hand, I see MNKD’s glass as three quarters full and getting fuller. I have much more faith in Al Mann than our Country’s CEO.
I have to say from your response you appear to be a glass half empty kinda guy. And I'm not about to make this a political thread as I have given up on politics.
That said the Dow is at record highs, unemployment is falling, real estate recovery is at hand and energy independence within a 10 year timeframe for the USA is possible. On top of that it is not like Obama entered the game on favorable terms. So the budget burden has to be placed on both sides.
Get over Obamacare. Are you really going to gripe about having to pay .50 more for a pizza, or similar kinds of cost increaes on different products to look out for the medical need of your neighbors? Come on I rather pay for that then pay for bombs.
Just consider the fact that economy is improving, all that energy money in the near future will stay within our boarders to stimulate the country's economy further and that the USA will still dominate the global playing field for decades to come.
Come on please tell me what countries debt is more attractive to purchase?
"#4 Hillary and V.P Mrs Obama 2016 probably a likely ticket especially if the economy is good."
Good economy....not going to happen. When Obamacare starts kicking in, in 2014, that will kill any tepid recovery and back into a deep recession. Our debt rating will be downgraded and no one will want to buy our treasury bills. So the Fed will have to increase the interest rates in order to sell them. US economy, Game Over......Obama will have destroyed this once great country.
Socialism has never worked and never will.
Sentiment: Strong Buy
"Ever heard of their goast towns, malls, real estate bubble."
Jeff, I heard of that a couple years ago, but 60Minutes did a recent segment on it. Amazing how much real estate is sitting idle. ....I guess that's one of the benefits of communism. there's no problem....if the gov't says there's no problem. lol
With Dr Hamburg as head of FDA (thanks to O'Dumbo and his Comrades), your list may indeed be in the correct order. I am a young veteran - and a descendant of veterans going back to the Amer Rev. - I can tell you that our Country is in serious decline. Remember the Fall of the Roman Empire when it had reached its peak of greatness.
Thanks for your service. I felt the same when Nixon was President and it looked like Vietnam would tear this country apart. It didn't happen. There is a lot of resiliency in the ole' USofA.
1-4 has already happened.
5 Should have happened a long time ago if not for a certain person. But is sure to happene soon/.
6 all the countries are too broke to go to war right now.
It would sound logical to agree with you on #6, however, history has shown that countries don't like to stay "poor" for long and will seek war/accumulation of others' resources, to bolster itself (its current heads of state) from revolutionary overthrow. The severe punishment the French meeted out to Germany after WWI, so bankrupted Germany (starving masses) that it brought a dictator to power (Hitler) and caused mass blame/extermination of Jews, Gypsies, Poles, etc. The world is becoming more dangerous due to market instability - if we have a global crash, you will quickly see what I mean. (ex-intelligence officer)