Oh?
Notice how total economic collapse caused Germany's stock market, measured in US dollars, to double.
A more recent example, here's Japan's stock market:
All of this is happening while Japan is collapsing.
Japan sees record trade deficits. Making your currency worthless causes import costs to explode? Surely, nobody could have predicted this.
And here's Argentina's stock market. Argentina is so broke that they recently defaulted on some debts.
Declining wages in combination with rising asset prices are the reason home ownership is at a 19 year low. People are really pissed off, and they direct that anger at Obama. They should really be directing that anger toward the federal reserve. Obama doesn't make the cost of housing go up exponentially. The fed does.
According to my cousin (via Facebook) Obama is a terrorist in bed with all the other terrorists and she is scared for our country with him in the White House.
More than doubled since 1990? Why do you think that is? Did the life expectancy suddenly go from 60 years to 80 years? Of course not. This is happening because the fed is stealing money from seniors. Instead of seniors lending their money out at maybe 10% interest, the fed runs money off a printing press and lends it out at no cost, effectively undercutting seniors. Can you imagine any other industry allowing that? Suppose you write a book. You're really proud of your book, you worked hard for it, so you want to sell copies of it for $10. Being an asshole, I put on my Federal Reserve uniform, print a copy of your book using my own printer, and I sell it to people for $1. You would scream "Hey, you're stealing my capital!" to which I would reply "No, I'm helping stimulate minds!"
So you're saying old people do not live on fixed income? Please tell us more about your economic theories.
Your own numbers showed the price of everything soaring. You gave a graph from the federal reserve that showed 7% annual price inflation in heating oil. I posted a graph of education costs rising exponentially and you had no response. I posted a graph showing medical costs rising exponentially had you had no response. I posted a graph showing housing prices rising exponentially and you had no response. According to you and most economists, rising cost of living is a good thing. It's a good thing that home ownership is at 19 year lows due to a lack of affordability. It's a good thing when education is as expensive as a house. It's a good thing when record numbers of young adults still rely on their parents. It's a good thing when seniors are forced out of retirement.
Fail. I know this is shocking since you've never had a job before, but pensions are allocated by investment class. If you have a pension, you are buying bonds. You won't find a single pension fund in the world that is 100% allocated to stocks.
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