3rd quarter GDP: +2.8%

http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

We aren't.... nuf said.

What happens when the money bubble busts? Who will be blamed for that?

PkrBum wrote:What happens when the money bubble busts? Who will be blamed for that?

It won't. The fed will eventually wind down its expansionary policy.

I would be concerned if we had run away inflation.......but we do not have inflation as an issue. The agricultural sector is kicking asz. Our energy sector is kicking asz. Our transportation sector is kicking asz. America is strong. We sneeze and people are declaring we have pneumonia. This doom and gloom means nothing when the deficit has been cut in half and we are getting this kind of growth in GDP......I guess Mr. Markle will have more projections based on false data.

boards of FL wrote:

PkrBum wrote:What happens when the money bubble busts? Who will be blamed for that?

It won't. The fed will eventually wind down its expansionary policy.

Some of that may not be as controllable as you think. Long term rates are moving a bit... short term rates could follow.

Sharply... What then? I don't see alot of diversity in the financial corps... they all seem to be modeled. I hope you're right.

Pretty cool being feared by so many of the far left Progressives on this forum.  I must be doing something right.

The GDP of 2.8% is made up of about 1% inventory which is not really growth.  We'll see that down the road.

Additionally, all the Progressives failed to mention that UNEMPLOYMENT has gone up to 7.3% in spite of MORE people are quitting even looking for a job.

As for inflation, the only thing preventing runaway inflation is the Fed. continuing to pump in massive amounts of dollars.  President Barack Hussein Obama is trying to push this past his administration.  The pumping of money also doing EXACTLY the opposite of what President Obama has promised too.  President Obama PROMISED to improve the economy for the middle and lower income voter.  Instead, President Obama has massively awarded the fat cats and PUNISHED the very people he PROMISED to help.  Then again, what PROMISE has he kept?  Benghazi?  Social Security?  AP? Fast and Furious?

This is the money being pumped into the economy.  Anyone who thinks inflation can occur with this much worthless dollars being pumped in every day is FOOL.  When they STOP...watch out.

Circuitously, all this paper money is making its way into the stock market. Companies are not expanding, they are not hiring. They're sitting still and many are buying back stock which increases their stock price with no increase in profits or productivity.



To show the difference in just a few years, here is a chart from 2009.  Again they are running out of space.

Markle wrote:
As for inflation, the only thing preventing runaway inflation is the Fed. continuing to pump in massive amounts of dollars.  President Barack Hussein Obama is trying to push this past his administration.  The pumping of money also doing EXACTLY the opposite of what President Obama has promised too.  President Obama PROMISED to improve the economy for the middle and lower income voter.  Instead, President Obama has massively awarded the fat cats and PUNISHED the very people he PROMISED to help.

Can you elaborate on any of this?  Your first sentence is particularly interesting.   Can you expand on that and the rest of your comment? Honest question. I'm looking for a little more detail, in your own words.

boards of FL wrote:

Markle wrote:
As for inflation, the only thing preventing runaway inflation is the Fed. continuing to pump in massive amounts of dollars.  President Barack Hussein Obama is trying to push this past his administration.  The pumping of money also doing EXACTLY the opposite of what President Obama has promised too.  President Obama PROMISED to improve the economy for the middle and lower income voter.  Instead, President Obama has massively awarded the fat cats and PUNISHED the very people he PROMISED to help.

Can you elaborate on any of this?  Your first sentence is particularly interesting.   Can you expand on that and the rest of your comment?  Honest question.  I'm looking for a little more detail, in your own words.  

Self explanatory. Here is another chart for you which is also self explanatory. This one represents the weeks AFTER the last peak employment where we sank into a recession and how long it took us to recover. ANOTHER RECORD for President Barack Hussein Obama!



http://www.businessinsider.com/the-scariest-jobs-chart-ever-2013-11?