Uncle Festivus
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Uncle Festivus reacted to Value Hunter's post in the thread When will the Great Financial Ponzi end? with
Like.
Again as I said before loans create deposits not the other way around. Steve Keen covers this topic well and even the reserve bank of... -
Uncle Festivus reacted to divs4ever's post in the thread When will the Great Financial Ponzi end? with Like.
the 'borrowing ' isn't so bad as long as you can repay the debt in full and not need bankruptcy protection now IF you have a...
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Uncle Festivus reacted to Value Hunter's post in the thread When will the Great Financial Ponzi end? with Like.
You really didn't address any of my points and seem to have a lack of understanding of basic economic history. The obvious point is...
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Uncle Festivus reacted to Joe Blow's post in the thread When will the Great Financial Ponzi end? with Like.
As @cynic has pointed out, most of Uncle Festivus' active participation at ASF was before the introduction of the reaction functionality...
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Uncle Festivus reacted to cynic's post in the thread When will the Great Financial Ponzi end? with Like.
For the benefit of those previously unaware, many of Uncle's posts predated the advent of the "reaction" functionality on this forum -...
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Uncle Festivus reacted to Value Hunter's post in the thread When will the Great Financial Ponzi end? with Like.
While its by definition theoretically/nominally true in reality it doesn't work like that. Fractional reserve banking doesn't operate...
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Uncle Festivus replied to the thread When will the Great Financial Ponzi end?.So by going with your logic, that $Trillion in debt that was created in just 100 days means there is now a $Trillion in fresh new...
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Uncle Festivus reacted to divs4ever's post in the thread When will the Great Financial Ponzi end? with Like.
well , i was predicting ( and biasing the portfolio ) for a MAJOR correction in the mid 2013 , so my reputation for predictions is a...
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Uncle Festivus reacted to finicky's post in the thread When will the Great Financial Ponzi end? with Like.
Well yeah, but it's not all real value, e.g the financial industry funding real estate inflation. And stocks will deflate if margin is...
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Uncle Festivus replied to the thread When will the Great Financial Ponzi end?.Sure looks like a ponzi scam - relies on ever increasing new money/debt to keep it together
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Uncle Festivus reacted to finicky's post in the thread When will the Great Financial Ponzi end? with Like.
Millions of inflated dollars And the real goods and services are being produced and consumed at the cost of monumental and mounting debt.
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Uncle Festivus reacted to finicky's post in the thread When will the Great Financial Ponzi end? with Like.
When has that not been the case? That was happening in 1929, 1987, 2000, 2008 and 2020. Much of the the 'value' is coming from debt...
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Uncle Festivus posted the thread When will the Great Financial Ponzi end? in Business, Investment and Economics.An interesting dilemma for The Controllers? Global equity markets breaking record highs on a daily basis, presumably on the...
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