- Aug 4, 2000
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That doesn't pay the bills. Equal taxation and spending cuts work. But we have not the guts for either.Nah, just tax all income at consistent, progressive rates and all will be well.
We are doomed. 🤢
That doesn't pay the bills. Equal taxation and spending cuts work. But we have not the guts for either.Nah, just tax all income at consistent, progressive rates and all will be well.
That's the point, make spending hurt to the people who matter (the rich) and spending will come down.
I guess it's not hard to do with DOW 40,000 today.11.14% YTD
Kind of the point, nothing is hard if you just chill with some nice index funds.I guess it's not hard to do with DOW 40,000 today.
Wake me when September comes.Kind of the point, nothing is hard if you just chill with some nice index funds.
But remember that the stock market was supposed to fall 25% this year....
Unless there is a major world event the market will keep chugging along, and sure there will be up and downs, but the trend will continue in the long term, which is my investment horizon.Wake me when September comes.
The year is young and the market has plenty of froth.
@Red Squirrel - do you follow the price of silver? July contracts at 33 and change.
edit - now it seems to be just under $32
Bubbles often start in truth, in a problem with the fundamentals. But then they take on a life of their own and far exceed any logical price level. It becomes a game of chicken to see who will blink first. Then they pop -- they pop faster than most people think, but often later than most people expect.Watching the metals bulls going wild has been interesting. Copper keeps going up because the long predicted supply squeeze is finally here… except that it isn't. Every report out of China says that the demand isn't there to support the current price. Oh well, hoarders got to hoard.