Is it a pennant? Or is it another one of those triangles? Does it even matter anymore? This is the big picture that I feel everyone has missed, and all economic cognitive reasoning must come back to this, as a base line for comparison. Now imagine telling this to Thomas Jefferson! He would tell you that this is what was known as feudalism in the dark ages.
He'd laugh in your face, and tell you that NO entrepeneur would waste his efforts under THAT kind of servitude. Imagine going back in time, and explaining today's tax environment to Henry Ford. How long do you think service can feed on service? Someone, somewhere in the chain, has to *produce* something tangible. How many of you have thrown in the towel on your own ( previously productive ) companies, because the risk outweighed the upside aftertax potential?
Lake flyers stockmaster faculty free#
Now you have today's wonderful miracle of low inflation and high volumes of free money. Raise taxes SO HIGH ( and invent all kinds of hidden taxes ) that even though the goverments keeps the printing presses rolling like a juggernaut, the free market forces are obliged into submission because of the heavy burden of all these taxes.ģ. 70's and 80's ) and create the dragon of inflation.Ģ. Take a reasonable facsimile of a free market, print lot's of paper ( i.e. I think everyone has missed the big picture.ġ. Especially one built of paper!Ĭmax Today's modern miracle.who is kidding who?>(Today's modern miracle.who is kidding who?): The question asked/implied almost almost daily here is: Even a 'safe house' in a fire-storm is not safe. The paper is key, and 'paper houses' are already burning. The answers will come by the hour, day and week. Can Greenie put the rampaging genie back in the bottle? Will it even be Greeny there to do it? So many questions. Perhaps the magic day will arrive and you will be aboard! Will it be Monday or Tuesday? Will it be next week or next month? Maybe next year. It is a safe bet to by at the support trend line. At some time though, it will bust above the trend line. If it does go down, I think we'll see new lower lows. How long can the bubble be kept from popping? Would welcome any thoughts on this.Įldorado scene): Panda - It'll either go down or go up. Eventually everything reverts to the mean. Eldorado scene): Panda - As one more highlight, I just visited The Privateer site.