sure it does. when the price of food, energy, transportation, housing, etc rises and wages remain flat, people will have to come up with the difference somewhere. that somewhere will be in the form of debt which is bad.
incomes have been decreasing and the only thing keeping a thrid of the country afloat is unprecedented unsustainable government borrowing/spending.
200% return? doubt you bought the bottom. i think the only 200% gain you saw was in your yahoo id collection.
energy, transportation, food, insurance, tuition, housing, stocks, etc.
gas near $4 with 100 million out of work. where would it be if all those people had jobs? this is inflation that doesn't show up in the data.
No, the reality is that most baby boomers don't have enough money to afford retirement and thus will have to work longer or severely alter their lifestyle.
there wasn't innovation under Jobs. all they did was steal and repackage the ideas of others. jobs was good at marketing and that's about it.
1) based on your previous horrible calls, it's obvious you didn't buy the march lows
2) the market is a scam totally disconnected from reality. stocks WOULDN'T HAVE COME BACK if not for unprecedented money printing and financial trickery.
you said today that you were all in on your 401k. my guess based on your previous history is that the market should drop at least another 10%.
we have a skillless society where most have nothing to offer. we cannot compete with many of the countries around the world and will eventually default on our debt leading to world war.
read "US adults are dumber than the average human" to see where we stand.
foreign countries holding our debt is bullish? we will be able to service these debts through tax revenues even though the tax base is shrinking? 100 million people out of work, but we can service the debt no problem not to mention more debt coming plus a rise in interest rates.
you want to talk about delusional? go look in the mirror.
we have our own debt crisis here. have you looked at some of these states and what they owe? maybe you should dig.
why be negative about the others? what specifically does the US have that positions it so well for the future?
5 years of QE increasing with each additional injection and nothing to show for it. Why anyone would be bullish on USD is beyond me.