Message from @Sh0t

Discord ID: 660949694423367690


2019-12-29 20:52:11 UTC  

I mean

2019-12-29 20:52:12 UTC  

okay..

2019-12-29 20:52:16 UTC  

So 60's

2019-12-29 20:52:26 UTC  

you could work of your house after like a few years

2019-12-29 20:52:37 UTC  

today you look at 50 years to pay it off

2019-12-29 20:52:50 UTC  

the debt ratio is a consequence of trying to run a balanced budget

2019-12-29 20:53:01 UTC  

it's also why worker's share of gross income falls

2019-12-29 20:53:22 UTC  

It's an accounting identity, essentially, very similar to thermodynamics

2019-12-29 20:53:53 UTC  

the root misunderstanding is the role of banks, they are not intermediaries, credit emission is what adds to the money supply and aggregate demand

2019-12-29 20:54:51 UTC  

it's also what pushes down the interest rate which hurts anybody looking for fixed income, encouraging them to find exotic substitutes

2019-12-29 20:56:03 UTC  

yeah it's so fucked up..I am so angry I never invested my money.

2019-12-29 20:56:29 UTC  

not too late to ride another wave in the US pump

2019-12-29 20:56:36 UTC  

but I really wanted to be as close to debt free as possible when buying a house, but at some point you just loose money quicker than they build up

2019-12-29 20:57:03 UTC  

Fuck no, I havn't invested in like the 5 years I've been making money.. I am waiting for the fall

2019-12-29 20:57:13 UTC  

cycles and shit

2019-12-29 20:57:24 UTC  

you might be waiting a long time, don't fight the trend

2019-12-29 20:57:39 UTC  

people have been going bankrupt waiitng for that, shorting themselves into poverty

2019-12-29 20:57:44 UTC  

Isn't it lik ~10 years

2019-12-29 20:57:46 UTC  

2008

2019-12-29 20:57:54 UTC  

there was the it bubble end of 90s?

2019-12-29 20:58:07 UTC  

doesn't matter, it's an open ended system, you can have the real economy rotting while the markets pump

2019-12-29 20:58:24 UTC  

all you care about is the nominal gains in the market if you are trying to make money

2019-12-29 20:58:55 UTC  

I would say the US economy is already in recession, but that doesn't mean the market will necessarily crash

2019-12-29 20:59:03 UTC  

No I think I'll be doing what any right winger would be doing.

Prepping, gardening

2019-12-29 20:59:16 UTC  

I hate that system

2019-12-29 20:59:27 UTC  

You can do both

2019-12-29 20:59:31 UTC  

also trade against bots

2019-12-29 20:59:41 UTC  

don't trade against them, trade with them

2019-12-29 20:59:47 UTC  

THey automatically buy the dip

2019-12-29 21:00:06 UTC  

just wait until the liquidity adjustments of ETFs gets realized across the world

2019-12-29 21:00:27 UTC  

when you hear the phrase "free float adjusted weighting" in the news, then you can worry about things crashing

2019-12-29 21:00:52 UTC  

its like that subprime stuff?

2019-12-29 21:01:24 UTC  

it's very different, but it will have the same effect 'inside' the system, but not necessarily expressed in the markets the same way

2019-12-29 21:01:37 UTC  

it forms the base of a shaky pyramid

2019-12-29 21:02:03 UTC  

automatic purchases basically reduce the VOL, but becaue those funds need liquidity, they all buy the same stocks

2019-12-29 21:02:20 UTC  

so it compounds, and those major equities move the major indicies, etc

2019-12-29 21:02:53 UTC  

It's like pop music. it's popular because it's popular

2019-12-29 21:05:58 UTC  

https://cdn.discordapp.com/attachments/513098339961798676/660951665498652715/Screenshot_369.png

2019-12-29 21:06:12 UTC  

not good for sweden even worse than the USA in that shorter period

2019-12-29 21:07:46 UTC  

95 was when sweden ran its last big deficit, then it's been hovering around 0, with the expected rise in household debt to gdp ratio

2019-12-29 21:08:21 UTC  

https://cdn.discordapp.com/attachments/513098339961798676/660952265703686175/Screenshot_370.png