Liz
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Post by Liz on Apr 8, 2018 4:37:04 GMT
I wonder if Monday will be another bad day and the start of bad things, or a bounce back day in US stocks and a delay in further falls.
US stocks look like a bad bet at the moment. A crash in the dollar could be a double whammy for those investing in the USA.
This year is a year of preserving capital. Lots of lossess coming, including lots of risky p2p loans.
If you do want to invest heavily in the US, at least listen to the contrarian view, someone like Stockman, Rickards, Rogers, Pento etc
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Post by nellerdk on Apr 8, 2018 10:53:17 GMT
I wonder if Monday will be another bad day and the start of bad things, or a bounce back day in US stocks and a delay in further falls. US stocks look like a bad bet at the moment. A crash in the dollar could be a double whammy for those investing in the USA. This year is a year of preserving capital. Lots of lossess coming, including lots of risky p2p loans. If you do want to invest heavily in the US, at least listen to the contrarian view, someone like Stockman, Rickards, Rogers, Pento etc nobody knows what will happen. Keep cash on the sidelines and make a strategy for different possible future scenarios.
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Liz
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Post by Liz on Apr 8, 2018 10:58:39 GMT
I wonder if Monday will be another bad day and the start of bad things, or a bounce back day in US stocks and a delay in further falls. US stocks look like a bad bet at the moment. A crash in the dollar could be a double whammy for those investing in the USA. This year is a year of preserving capital. Lots of lossess coming, including lots of risky p2p loans. If you do want to invest heavily in the US, at least listen to the contrarian view, someone like Stockman, Rickards, Rogers, Pento etc nobody knows what will happen. Keep cash on the sidelines and make a strategy for different possible future scenarios. Nobody does know, especially with respect to the Fed, who can move markets. The financial media just thinks this is a blip and markets will just keep going higher, forever it seems . A recession is long overdue.
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hazellend
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Post by hazellend on Apr 8, 2018 17:37:37 GMT
I wonder if Monday will be another bad day and the start of bad things, or a bounce back day in US stocks and a delay in further falls. US stocks look like a bad bet at the moment. A crash in the dollar could be a double whammy for those investing in the USA. This year is a year of preserving capital. Lots of lossess coming, including lots of risky p2p loans. If you do want to invest heavily in the US, at least listen to the contrarian view, someone like Stockman, Rickards, Rogers, Pento etc I would never listen to those guys. They are stopped clocks. Ignore the noise, don’t try and time the market, invest for the long term
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Post by nellerdk on Apr 10, 2018 13:42:13 GMT
nobody knows what will happen. Keep cash on the sidelines and make a strategy for different possible future scenarios. Nobody does know, especially with respect to the Fed, who can move markets. The financial media just thinks this is a blip and markets will just keep going higher, forever it seems . A recession is long overdue. my personal view is that if we are going to have a recession, it will be a small one. AI and robots are going to boost industrial production and efficiency, which will be good for the economy.
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Liz
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Post by Liz on Apr 10, 2018 15:27:00 GMT
Nobody does know, especially with respect to the Fed, who can move markets. The financial media just thinks this is a blip and markets will just keep going higher, forever it seems . A recession is long overdue. my personal view is that if we are going to have a recession, it will be a small one. AI and robots are going to boost industrial production and efficiency, which will be good for the economy. Good for the rich and elites you mean 😔 Then AI will enslave us 😱
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Post by nellerdk on Apr 14, 2018 6:06:46 GMT
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Post by GSV3MIaC on Apr 17, 2018 11:43:00 GMT
my personal view is that if we are going to have a recession, it will be a small one. AI and robots are going to boost industrial production and efficiency, which will be good for the economy. (IMO) The problem with that is that (so far) robots don't pay many taxes (and the profits seem to end up in BVI etc.), nor do they spend much on housing, haircuts, coffees, or clothes. Where the consumers are going to get their spending money from, to buy all this output, is not at all obvious. Yes,a few folks (who own the robots and program the AI) will get quite rich, but they just don't drink enough coffee to make up the difference. 8>.
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hazellend
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Post by hazellend on Apr 17, 2018 21:32:20 GMT
my personal view is that if we are going to have a recession, it will be a small one. AI and robots are going to boost industrial production and efficiency, which will be good for the economy. (IMO) The problem with that is that (so far) robots don't pay many taxes (and the profits seem to end up in BVI etc.), nor do they spend much on housing, haircuts, coffees, or clothes. Where the consumers are going to get their spending money from, to buy all this output, is not at all obvious. Yes,a few folks (who own the robots and program the AI) will get quite rich, but they just don't drink enough coffee to make up the difference. 8>. I think there will be a robot tax and a universal income.
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bigfoot12
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Post by bigfoot12 on Apr 17, 2018 23:50:18 GMT
(IMO) The problem with that is that (so far) robots don't pay many taxes (and the profits seem to end up in BVI etc.), nor do they spend much on housing, haircuts, coffees, or clothes. Where the consumers are going to get their spending money from, to buy all this output, is not at all obvious. Yes,a few folks (who own the robots and program the AI) will get quite rich, but they just don't drink enough coffee to make up the difference. 8>. I think there will be a robot tax and a universal income. So we tax robots in (say) the JLR factory in Coventry, but not the Tata factory in India? I'm not saying that some (stupid) government won't do it, but it doesn't sound like a great idea for investment and growth.
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hazellend
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Post by hazellend on Apr 18, 2018 7:54:18 GMT
I think there will be a robot tax and a universal income. So we tax robots in (say) the JLR factory in Coventry, but not the Tata factory in India? I'm not saying that some (stupid) government won't do it, but it doesn't sound like a great idea for investment and growth. There’s a solution to every problem. I don’t think we will solve it on this forum. Rise of the robots seems like a certainty though
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Post by nellerdk on Apr 18, 2018 17:29:51 GMT
my personal view is that if we are going to have a recession, it will be a small one. AI and robots are going to boost industrial production and efficiency, which will be good for the economy. (IMO) The problem with that is that (so far) robots don't pay many taxes (and the profits seem to end up in BVI etc.), nor do they spend much on housing, haircuts, coffees, or clothes. Where the consumers are going to get their spending money from, to buy all this output, is not at all obvious. Yes,a few folks (who own the robots and program the AI) will get quite rich, but they just don't drink enough coffee to make up the difference. 8>. perhaps we should tax robots, but then we are moving into a political discussion.
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Post by GSV3MIaC on Apr 18, 2018 20:17:17 GMT
Money and politics are inextricably interwoven, and always have been ...
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Post by nellerdk on Apr 23, 2018 21:44:18 GMT
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Post by nellerdk on May 6, 2018 11:21:46 GMT
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