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Why German Investors Are Hoping The Economy Gets Even Worse
Because "bad is good" in the new normal central-planner-created fiction in which we live...
Despite today's surprise in GDP, 2015 growth expectations remain dismal... but when did that ever stop anyone?
h/t @Not_Jim_Cramer
With economic growth expectations languishing near cycle lows, the DAX just broke 11,000 - a new record high...
Charts: Bloomberg
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I care not who appears to be making money on the way up. I just care to see how many get out of the small exit door with fiat intact on the way down.
Only then will there be a great cry claiming the markets are manipulated.
<Boo hoo. Save me from my own stupidity and greed.>
Unfortunately for you Dimon and Blankfein have compounds in South America with bunkers full of gold.
I wasn't speaking of the manipulators, but those who are riding the coat tails of the manipulators and who will eventually be considered the greater fools.
What about the euro price effect on the German economy... hmmmm
This is a good point. If it weren't for the southern European states the Euro would be worth much more now and Germany's competitiveness would suffer. They're getting a market advantage for keeping Greece in the crapper.
From what I remember about Germany the culture, art and fashion is boring, the girls are plain, and it is cold and wet. Other than that I am sure they have a lot going for themselves.
Best globalist buddies
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only the penitent man shall pass
I assume the reason that markets are rising is because the fiat that are measured in is becoming more worthless by the day.
Of course I could be completely full of shit too.
That’s the way it happened in Weimar.
I have long thought the same thing. The value of the market is inverese to the worthlesness of the underlying fiat currency. It was not so long ago when a company that was a multi-million dollar corparation was considered a monster, now Apple is 700 billion and people are whining that it is not a trillion. A triliion dollars for a company! I imagine that only goes to show how worthless the currency it is valued in is becoming.
Yes, let's crash things on purpose!!! Then we can buy all the companies we destroyed for pennies on the dollar.
.
Now THAT is worthy of a 10 minute session with the Spinheads at CNBC! They would just say BTFD :-)
Today in discussing why now is a GREAT time to by the S & P 500 via SPY, one of the gusest indicated that it is the 6th year of a presidential cycle --always a winner and a sure thing in my books. He went on to indicate when asked about easing into a position, an investor should spread his investment over a month. Uhh yeah - that is dollar cost averaging in my books. Finally, the guest and host agreed that it was a cheap way to get in. Yep 100 shares only cost $ 25,000 - a real bargain that most folks can scrape up from pocket change. Patooey. KMAJC
I am not worthy williambanzai7. And this place only lets me give you 1 up arrow.
Dear Andrea,
The next time the Greeks come callin' , just tell them "give us Mykinos and we'll bail your sorry ass out"
The problem with chinesse food is that half hour later your hungry again.
The problem with german food is that half hour later you feel like taking over the world.