Current economic theory have lost the plot.

Discussion in 'Markets & Economies' started by leo25, May 14, 2019.

  1. leo25

    leo25 Well-Known Member Silver Stacker

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    Good to see these articles coming out of mainstream sites.

    https://www.abc.net.au/news/2019-05...abor-first-home-buyers-housing-slide/11105916

    How much longing can this bizarre system function when everyone stops believing?
     
  2. leo25

    leo25 Well-Known Member Silver Stacker

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    Some recent videos with Warren Buffett and Charlie Munger talking about how messed up markets and governments are today.



     
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  3. sgbuyer

    sgbuyer Active Member Silver Stacker

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    The China bubble is clearly deflating, and it will bring in a global recession and unemployment across the exporting world.
     
  4. systematic

    systematic Well-Known Member

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    Economic theory is for suckers ...
     
  5. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    They lost the plot when Nixon finally killed off the gold standard in 1971....that said, "lost the plot" maybe a tad harsh, rather changed / rigged to system to benefit the US.
     
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  6. alor

    alor Well-Known Member Silver Stacker

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    U.S. IS REPORTEDLY READYING TO DEPLOY 120,000 TROOPS FOR WAR WITH IRAN

    wonder how many will remains standing
     
  7. whay

    whay Active Member

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    Worry not........most are asshole bandits.
    Piece of shit2.jpg Piece of shit.jpg
     
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  8. sgbuyer

    sgbuyer Active Member Silver Stacker

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    Recently, I placed a new order for nubian parabene free soap, it now costs me SGD6.20. The last time I bought it in 2017, I paid SGD4. The price inflation is pretty incredible, 20% a year.

    I buy between 6-10 bars at a time - this lasts my family more than a year. If soap isn't perishable I would stack soap bars. Or maybe I should buy another 10 bars?

    By the way, I bought 2 dozen brita filters last year, this would last me a couple years.
     
    Last edited: May 15, 2019
  9. JohnnyBravo300

    JohnnyBravo300 Member

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    The biggest misconception people have is that the govt will fix it. They are the problem, not the solution.
     
  10. whay

    whay Active Member

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    Pray tell since when soap became a perishable product?
    Expiration Date? Best before?....
    Stop subscribing to this consumer brain-washing.
    Search youtube for many easy ways to DIY parabens-free soap at home. Cheap and good.
     

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