Dow Jones now over 18000!

[eidolon]

So our economy must be thriving, yes? Dow Jones just keeps going up and up and up.

So I have one question: if our debt is now at $18 trillion dollars, and the best year our country (with adjusted inflation) had was $320 billion surplus. How are we ever going to see a decrease in our debt? at $18 trillion dollars, just on interest alone we are paying over $1 Trillion dollars a year. So we would need to have a surplus of over $1 Trillion a year to see see a decrease in the debt, which is 3x more than the best year ever.....So how is our country really doing?


Also, with out debt now at $18 trillion, it has surpassed our US Gross National product. Seems kind of disheartening where this country is going.

Am I missing something? Is this country doomed?

(PLEASE DON"T MAKE THIS IN TO A REPUBLICAN vs DEMOCRATIC THREAD , ALL OUR PRESIDENTS HAVE SUCKED EXCEPT MAYBE A FEW)

[brooks85]

So our economy must be thriving, yes? Dow Jones just keeps going up and up and up.

So I have one question: if our debt is now at $18 trillion dollars, and the best year our country (with adjusted inflation) had was $320 billion surplus. How are we ever going to see a decrease in our debt? at $18 trillion dollars, just on interest alone we are paying over $1 Trillion dollars a year. So we would need to have a surplus of over $1 Trillion a year to see see a decrease in the debt, which is 3x more than the best year ever.....So how is our country really doing?


Also, with out debt now at $18 trillion, it has surpassed our US Gross National product. Seems kind of disheartening where this country is going.

Am I missing something? Is this country doomed?

(PLEASE DON"T MAKE THIS IN TO A REPUBLICAN vs DEMOCRATIC THREAD , ALL OUR PRESIDENTS HAVE SUCKED EXCEPT MAYBE A FEW)

yes, the 90 trillion coming due within the next 20 years. And, what is real bad is this isn't debt owed to another country, it is owed to the people. Citizens are going to be pissed, that's why they are pushing the police state now. Trying to hold off as long as possible so that as many baby boomers(the people who are owed from a life of work and who would actually fight back) die off or killed off through garbage quality healthcare coming.


ps... Buy $DIS

[boomer62]

So our economy must be thriving, yes? Dow Jones just keeps going up and up and up.

So I have one question: if our debt is now at $18 trillion dollars, and the best year our country (with adjusted inflation) had was $320 billion surplus. How are we ever going to see a decrease in our debt? at $18 trillion dollars, just on interest alone we are paying over $1 Trillion dollars a year. So we would need to have a surplus of over $1 Trillion a year to see see a decrease in the debt, which is 3x more than the best year ever.....So how is our country really doing?


Also, with out debt now at $18 trillion, it has surpassed our US Gross National product. Seems kind of disheartening where this country is going.

Am I missing something? Is this country doomed?

(PLEASE DON"T MAKE THIS IN TO A REPUBLICAN vs DEMOCRATIC THREAD , ALL OUR PRESIDENTS HAVE SUCKED EXCEPT MAYBE A FEW)

Because the fed has kept interest rates at zero and there is no were else to get yield. And the majority of the investors are the affluent who have benefitted from this. And yes,we are in debt big time and the politicians have refused to fix all our entitlements due in future years and have many problems due on the horizon. Hopefully, we will have a PRO GROWTH president to get us back on track.

[Otters27]

The end of the world is coming

[King Mayan]

Thanks Obama!!!!(sarcasm)

[Salmon Steak]

http://USDebtClock.org

It is all fake money. Nobody backs it by anything except street cred.

[eidolon]

I just don't see how housing rates aren't going to go back up to over 10% like it used to be.

[TankHankerous]

before any major stock market crash or depression the numbers are jacked up to quell any fears of economic collapse

the end is nigh, invest in bitcoin

[GunShard]

the end is nigh, invest in bitcoin

[xelemental]

is it time we invest in gold? GDX?

[jjgold]

Gold is way down
Poor and middle class losing ground

Rich flourishing in this environment

[boomer62]

before any major stock market crash or depression the numbers are jacked up to quell any fears of economic collapse

the end is nigh, invest in bitcoin

Lol, no FUKING collapse.....yeah bit coins ....great idea LOL .....got any other winners too LOL

[TheMoneyShot]

Has to be a correction coming soon. Doesn't it always happen in January or February right after Holiday Spending? I'm sure of it. How big will the correction be?? Tune in.

[l7ustin]

merry christmas money shot wanna switch girls for an hour

[jjgold]

Should go down Jan-Feb

[Smoke]

And look how bad things were 6 years ago when bush was in office.

Obama got us out of that mess

[THam12]

And one of my holdings- LIQD is down 50% today.

Merry Christmas!