US continues to go forward

[Bowers3]

We are in the safest era of Human history. But stop looking so damn Macro. We have so many people hurting in this country and all we have for them is either pick yourself up by the bootstrap or ignore them. It BS we haven't done better than we have because we as humans are essentially sycophants that don't demand better from our leaders and continuously elect corrupt people because we care so much about Effing prrception instead of the effing truth.

I mean what's the worst that could happen? Everyone on earth dies horrific deaths? Cosmically speaking that really wouldn't be a big deal.

Sorry @Bowers3 im not trying to rail against you at all. Not of this is at you personally. But this is what bothers me about the moderates. They act Like because it's better now we don't need to talk about the problems as much. And that's to me is one of the biggest reasons why there is so much suffering still in the world. We would rather just live and ignore the bad things because they don't affect us. I get it. But at the same time if we would just do the things we need then we would all be able to just enjoy instead of those fortunate to live like that at this point in history.

We're all good. I don't take anything personally on a damn message board. And I don't think that's what moderates think or act like at all. But that's another conversation.

 

[GratefulPoke]

I hoped that someone could refute or confirm his actual points not the way it was said regarding the Russian and Chinese economies, strategic alliances etc.

If you insist, but I think you know a lot of these already.

Russia's economy was in big trouble, then we spike the cost of oil, which is their primary industry and Trump lifts the sanctions off of it.

China's economy is still growing at a faster rate than ours, while our president starts a worldwide tariff war that further erodes the middle class.

The bombing campaign against Iran has no appreciable goals and will not be the first regime change via aerial bombardment in world history. It is likely to go the way of Iraq and Syria being a decade+ long morass and hotbed for more extremism in the area with a million + dead.

Venezuela is the same country with the same party and power structure as it was a few months ago with Maduro.

Cuba was never a thread to us in any way, shape or form. The US destabilizing the country will cause many people to needlessly die and is likely to cause a Haiti situation long term. They need to be left alone and the embargo lifted immediately.

NATO is in a weaker state than it has been in history.

The dollar is weaker than at any other point in history.

Counting the tech bubble, we had .9% growth last quarter and without counting the tech bubble, the economy is in a recession with a massive private lending problem not that dissimilar to the subprime mortgage issue on the horizon.

The US has never been more alone in modern history and likely never been as despised by so many people.

But yeah, don't let these realities get in the way of so much "winning".

 

[cowboyinexile]

If you insist, but I think you know a lot of these already.

Russia's economy was in big trouble, then we spike the cost of oil, which is their primary industry and Trump lifts the sanctions off of it.

China's economy is still growing at a faster rate than ours, while our president starts a worldwide tariff war that further erodes the middle class.

The bombing campaign against Iran has no appreciable goals and will not be the first regime change via aerial bombardment in world history. It is likely to go the way of Iraq and Syria being a decade+ long morass and hotbed for more extremism in the area.

Venezuela is the same country with the same party and power structure as it was a few months ago with Maduro.

Cuba was never a thread to us in any way, shape or form. The US destabilizing the country will cause many people to needlessly die and is just as likely to cause a Haiti situation long term than anything better for their people. They need to be left alone and the embargo lifted.

NATO is in a weaker state than it has been in history.

The dollar is weaker than at any other point in history.

Counting the tech bubble, we had .9% growth last quarter and without counting the tech bubble, the economy is in a recession with a massive private lending problem not that dissimilar to the subprime mortgage issue.

The US has never been more alone in modern history and likely never been as despised by so many people.

But yeah, don't let these realities get in the way of so much "winning".

But hey, gas prices are cheaper. Aw crap nevermind.

 

[Bowers3]

If you insist, but I think you know a lot of these already.

Russia's economy was in big trouble, then we spike the cost of oil, which is their primary industry and Trump lifts the sanctions off of it.

China's economy is still growing at a faster rate than ours, while our president starts a worldwide tariff war that further erodes the middle class.

The bombing campaign against Iran has no appreciable goals and will not be the first regime change via aerial bombardment in world history. It is likely to go the way of Iraq and Syria being a decade+ long morass and hotbed for more extremism in the area with a million + dead.

Venezuela is the same country with the same party and power structure as it was a few months ago with Maduro.

Cuba was never a thread to us in any way, shape or form. The US destabilizing the country will cause many people to needlessly die and is likely to cause a Haiti situation long term. They need to be left alone and the embargo lifted immediately.

NATO is in a weaker state than it has been in history.

The dollar is weaker than at any other point in history.

Counting the tech bubble, we had .9% growth last quarter and without counting the tech bubble, the economy is in a recession with a massive private lending problem not that dissimilar to the subprime mortgage issue on the horizon.

The US has never been more alone in modern history and likely never been as despised by so many people.

But yeah, don't let these realities get in the way of so much "winning".

And my point is, despite most of what you said being true (the dollar is actually historically strong compared to other currencies), the United States is in a better position than most countries. Cleanest dirty shirt and whatnot.

Real Broad Dollar Index

 

[GratefulPoke]

And my point is, despite most of what you said being true (the dollar is actually historically strong compared to other currencies), the United States is in a better position than most countries. Cleanest dirty shirt and whatnot.

Real Broad Dollar Index

View attachment 19447

That is because the other currencies are also much weaker than they used to be. Compare the dollar (and other currencies) versus gold and silver.

 

[Bowers3]

That is because the other currencies are also much weaker than they used to be. Compare the dollar (and other currencies) versus gold and silver.

My point exactly.

 

[cowboyinexile]

That is because the other currencies are also much weaker than they used to be. Compare the dollar (and other currencies) versus gold and silver.

Question for someone who doesn't understand this. Our dollar has been uncoupled from gold for decades. Gold is a commodity so it's probably going to have an inflationary impact over time. Why is our dollar being weak vs gold a bad thing?

If it's because eventually the dollar will be worthless and we will end up trading gold or salt or whatever as currency again that's understandable but Im talking over the next 12 months or even 12 years.

 

[Bowers3]

Question for someone who doesn't understand this. Our dollar has been uncoupled from gold for decades. Gold is a commodity so it's probably going to have an inflationary impact over time. Why is our dollar being weak vs gold a bad thing?

If it's because eventually the dollar will be worthless and we will end up trading gold or salt or whatever as currency again that's understandable but Im talking over the next 12 months or even 12 years.

You asked GratefulPoke but here I am. I love this stuff and spent 10 years in finance. Which probably is a reason not to trust my opinion, tbh.

The dollar being weak vs gold isn't inherently a bad thing. It's what that tells us that could be bad. Both are set by markets. A climbing gold price and falling dollar index means central banks, investors, etc are seeking security. Gold is a store of value. It happens in inflationary environments and yeah we see what's happening there. High cost of living is recessionary. So the dollar is weak vs gold right now.