Democratic Primaries
Related: About this forumBernie and social spending to promote product for sale jobs are needed.
The world is experiencing a replication of the roaring 20s. Every country including the third world and developing countries are creating billionaires at a record rate. There are more companies producing multimillion dollar cars and mega personal yachts and mega cruise ships that when money is adjusted to value is more than ever before. GDP can't support the spending. The working class the world over is either wage stagnant or wage falling. The markets are in an extended bull market and market cap is approaching if not already passing real market value. If something isnt done to get more money into the hands of the working class to spend then GDPs the world over will stagnate or shrink. Once that starts there will be no incentive to buy stocks. All the multi quadrillion dollars of debt will start to lose service. Probably collapsing economies but it can be avoided if emergency spending is started now to put money back into circulation increasing velocity by working class spending. All the worlds working classes have to be treated as top priority and put back to work earning money making products to sell. Economies are losing consumption power.
primary today, I would vote for: Undecided
exboyfil
(17,865 posts)as Bud Fox said in Wall Street. It appears the only pricing power exists on inelastic supply demand stuff that individuals need to survive (food, housing, medicine, transportation, and education).
primary today, I would vote for: Joe Biden
Prosper
(761 posts)primary today, I would vote for: Undecided
Prosper
(761 posts)Why the Repo Market Is Such a Big Dealand Why Its $400 Billion Bailout Is So Unnerving
Its suddenly in the news again, and for all the wrong reasons. The repo market is looking a lot like it did on the precipice of the 2007 housing market crash.
https://fortune.com/2019 https://fortune.com/2019/09/23/repo-market-big-deal-400-billion-bailout-unnerving//23/repo-market-big-deal-400-billion-bailout-unnerving/
primary today, I would vote for: Undecided