So you think, in the case of the US example, that their debt can continue to grow at a rate faster than their GDP growth 'forever' and that that is sustainable, desirable and ultimately will have no consequences/effects and the current historically high debt/GDP ratio is ok and a good thing ?
To quote John McEnroe-'You can't be serious' ?
The people who make lots of money normally use debt to do it.
What a stupid thing to say without qualification. There's also many people who lose 'lots of money' using debt.
If and when we enter a nasty equity Bear Market for example we'll soon sort the wheat from the chaff and see how many of those clever people using debt go won't we-it's relatively easy to make money in Bull Markets and this one's been a doozy-not so easy in a big nasty bear which many current equity market participants have little concept of I think.
It might pay for you to have a look at the issue of debt levels/leverage etc and its influence/role in historical financial market crises/shakeouts.
Or maybe you think your infallible and almighty 'Fed' has eliminated them for good with their still in motion experiment/desperate measures ?
- Forums
- Commodities
- GOLD
- gold
gold, page-65633
-
- There are more pages in this discussion • 63,323 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online