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Greece, Italy, Portugal: bankrupt
France: On fire
UK: Police state, grooming gangs, social unrest, “Oi, you got a license for that opinion?”
Sweden: no-go zones, rape epidemic
Belgium: terror raids
Germany: migrant crisis

USA: Great again
(04-08-2019 07:19 PM)Kronke Wrote: [ -> ]Greece, Italy, Portugal: bankrupt
France: On fire
UK: Police state, grooming gangs, social unrest, “Oi, you got a license for that opinion?”
Sweden: no-go zones, rape epidemic
Belgium: terror raids
Germany: migrant crisis

USA: Great again

Spain, Greece bad shape.
Hungary and Poland doing well. Hmmm, why could that be?
(04-08-2019 07:19 PM)Kronke Wrote: [ -> ]Greece, Italy, Portugal: bankrupt
France: On fire
UK: Police state, grooming gangs, social unrest, “Oi, you got a license for that opinion?”
Sweden: no-go zones, rape epidemic
Belgium: terror raids
Germany: migrant crisis

USA: Great again

Doesn't matter.....

Muh free healthcare.....
(04-09-2019 07:16 AM)BadgerMJ Wrote: [ -> ]
(04-08-2019 07:19 PM)Kronke Wrote: [ -> ]Greece, Italy, Portugal: bankrupt
France: On fire
UK: Police state, grooming gangs, social unrest, “Oi, you got a license for that opinion?”
Sweden: no-go zones, rape epidemic
Belgium: terror raids
Germany: migrant crisis

USA: Great again

Doesn't matter.....

Muh free healthcare.....

The pinnacle of human existence. LMFAO!
(04-09-2019 07:16 AM)BadgerMJ Wrote: [ -> ]
(04-08-2019 07:19 PM)Kronke Wrote: [ -> ]Greece, Italy, Portugal: bankrupt
France: On fire
UK: Police state, grooming gangs, social unrest, “Oi, you got a license for that opinion?”
Sweden: no-go zones, rape epidemic
Belgium: terror raids
Germany: migrant crisis
USA: Great again
Doesn't matter.....
Muh free healthcare.....

Let's see. Do Bismarck universal private health care and Milton Friedman's negative income tax or the Boortz-Linder prebate/prefund for a universal basic income, pay for it with a consumption tax, reduce or eliminate individual and corporate income taxes, implement an immigration policy of more legal immigration and no illegal, and we'd pretty much leave Europe even further behind.
Both the US and Europe have advantages/disadvantages. I prefer the US, but I'm a bit biased.
US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

IMO, overseas markets, more than anything ,is what is impacting the domestic yield curve.
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?
(04-09-2019 08:35 AM)UofMstateU Wrote: [ -> ]
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?

#mensa
(04-09-2019 08:35 AM)UofMstateU Wrote: [ -> ]
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?

if the US economy is "super heated", why is GDP growth only 2.2%... and projections show it decreasing over the next two years to 1.9% in 2020 and then 1.8% in 2021?
(04-09-2019 08:48 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:35 AM)UofMstateU Wrote: [ -> ]
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?

if the US economy is "super heated", why is GDP growth only 2.2%... and projections show it decreasing over the next two years to 1.9% in 2020 and then 1.8% in 2021?

What was Obamas GDP when the interest rates were similar?
(04-09-2019 08:48 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:35 AM)UofMstateU Wrote: [ -> ]
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?

if the US economy is "super heated", why is GDP growth only 2.2%... and projections show it decreasing over the next two years to 1.9% in 2020 and then 1.8% in 2021?

What you are describing is a downturn maybe leading to a slight recession. That's what happens when the economy gets "super heated". Can't stay "super heated" forever Heck, it's been a decade.
(04-09-2019 08:50 AM)VA49er Wrote: [ -> ]
(04-09-2019 08:48 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:35 AM)UofMstateU Wrote: [ -> ]
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?

if the US economy is "super heated", why is GDP growth only 2.2%... and projections show it decreasing over the next two years to 1.9% in 2020 and then 1.8% in 2021?

What you are describing is a downturn maybe leading to a slight recession. That's what happens when the economy gets "super heated". Can't stay "super heated" forever Heck, it's been a decade.


we haven't seen 3% annual GDP growth since 2005, and haven't seen 4% since Bill Clinton was in office. I don't know what is considered "super heated" but 2.2 - 2.9% ain't it. Those are comparable numbers to the Obama years and are just an extended malaise from the Bush economic crash.

https://www.thebalance.com/us-gdp-by-year-3305543
(04-09-2019 08:50 AM)UofMstateU Wrote: [ -> ]
(04-09-2019 08:48 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:35 AM)UofMstateU Wrote: [ -> ]
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?

if the US economy is "super heated", why is GDP growth only 2.2%... and projections show it decreasing over the next two years to 1.9% in 2020 and then 1.8% in 2021?

What was Obamas GDP when the interest rates were similar?

bump
(04-09-2019 10:59 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:50 AM)VA49er Wrote: [ -> ]
(04-09-2019 08:48 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:35 AM)UofMstateU Wrote: [ -> ]
(04-09-2019 08:29 AM)Marc Mensa Wrote: [ -> ]US GDP is currently 2.2
EU is 1.4

EU unemployment is currently 6.5%... Germany is 3.1% and Great Britain is 3.8%
US is currently 3.8%... though the once ballyhooed labor participation rate is 63%... it was 62.9% in January 2017.

It's a little disingenuous to now tout the US 10 year note when his Dad recently bashed the Fed and tried to fire the chairman for raising interest rates? The lending rate average in Germany is 2.0%. The US lending rate is 5.5%. Does Trump now support higher interest rates?

Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?

if the US economy is "super heated", why is GDP growth only 2.2%... and projections show it decreasing over the next two years to 1.9% in 2020 and then 1.8% in 2021?

What you are describing is a downturn maybe leading to a slight recession. That's what happens when the economy gets "super heated". Can't stay "super heated" forever Heck, it's been a decade.


we haven't seen 3% annual GDP growth since 2005, and haven't seen 4% since Bill Clinton was in office. I don't know what is considered "super heated" but 2.2 - 2.9% ain't it. Those are comparable numbers to the Obama years and are just an extended malaise from the Bush economic crash.

https://www.thebalance.com/us-gdp-by-year-3305543

They raised rates 4 times last year, and hinted at another 2-4 this year. Do you understand the cause/effect of those decisions? Pull up the chart of the Dow. See the plummet between 10/2018 and 12/2018? That was all the Fed.
(04-09-2019 12:53 PM)Kronke Wrote: [ -> ]
(04-09-2019 10:59 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:50 AM)VA49er Wrote: [ -> ]
(04-09-2019 08:48 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:35 AM)UofMstateU Wrote: [ -> ]Higher interest rates in the US are a sign that the economy is super-heated, and or the fed is being overly cautious ecause they are afraid the economy will superheat even more.

Having Obama's interest rates in Europe is a sign that they have an Obama economy. Well, ok, they arent quite as bad as Obama's "free money" interest rates, but close.

See the difference now?

if the US economy is "super heated", why is GDP growth only 2.2%... and projections show it decreasing over the next two years to 1.9% in 2020 and then 1.8% in 2021?

What you are describing is a downturn maybe leading to a slight recession. That's what happens when the economy gets "super heated". Can't stay "super heated" forever Heck, it's been a decade.


we haven't seen 3% annual GDP growth since 2005, and haven't seen 4% since Bill Clinton was in office. I don't know what is considered "super heated" but 2.2 - 2.9% ain't it. Those are comparable numbers to the Obama years and are just an extended malaise from the Bush economic crash.

https://www.thebalance.com/us-gdp-by-year-3305543

They raised rates 4 times last year, and hinted at another 2-4 this year. Do you understand the cause/effect of those decisions? Pull up the chart of the Dow. See the plummet between 10/2018 and 12/2018? That was all the Fed.

IMO, the Fed shouldn't consider market reaction to a decision to raise/lower interest rates. I understand the Fed doesn't operate in a vacuum though.
(04-09-2019 01:07 PM)VA49er Wrote: [ -> ]
(04-09-2019 12:53 PM)Kronke Wrote: [ -> ]
(04-09-2019 10:59 AM)Marc Mensa Wrote: [ -> ]
(04-09-2019 08:50 AM)VA49er Wrote: [ -> ]
(04-09-2019 08:48 AM)Marc Mensa Wrote: [ -> ]if the US economy is "super heated", why is GDP growth only 2.2%... and projections show it decreasing over the next two years to 1.9% in 2020 and then 1.8% in 2021?

What you are describing is a downturn maybe leading to a slight recession. That's what happens when the economy gets "super heated". Can't stay "super heated" forever Heck, it's been a decade.


we haven't seen 3% annual GDP growth since 2005, and haven't seen 4% since Bill Clinton was in office. I don't know what is considered "super heated" but 2.2 - 2.9% ain't it. Those are comparable numbers to the Obama years and are just an extended malaise from the Bush economic crash.

https://www.thebalance.com/us-gdp-by-year-3305543

They raised rates 4 times last year, and hinted at another 2-4 this year. Do you understand the cause/effect of those decisions? Pull up the chart of the Dow. See the plummet between 10/2018 and 12/2018? That was all the Fed.

IMO, the Fed shouldn't consider market reaction to a decision to raise/lower interest rates. I understand the Fed doesn't operate in a vacuum though.

I'm not saying they should or do, I'm just trying to give "mensa" something tangible to look at to understand the cause/effect. He's trying to claim the US isn't doing that well when compared to Europe, when we're still outperforming them in spite of the Fed.

I mean, go tell any investor that you prefer Europe to the US. They'll laugh in your face.
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