The Core

Why We Are Here => Economics & Investing => Topic started by: Mackin USA on March 26, 2020, 11:27:27 AM

Title: Nothing is going back to January 2020 levels.
Post by: Mackin USA on March 26, 2020, 11:27:27 AM
Why? It's simple: for 20 years we've over-invested in speculative bubbles and squandered borrowed money on consumption and under-invested in productivity-increasing assets.

https://www.zerohedge.com/markets/its-over

AND HAVE A NICE DAY
Title: Re: Nothing is going back to January 2020 levels.
Post by: rcjordan on March 26, 2020, 12:46:09 PM
>20 years

It is cyclical and goes back much further than 20 years.  But with the increasing speed and decreasing cost of global shipping, it's gotten worse since WW2.  Modern social development, particularly urbanization, trades self-sufficiency for availability.
Title: Re: Nothing is going back to January 2020 levels.
Post by: nffc on March 26, 2020, 12:56:47 PM
>it's gotten worse since WW2

Been great for Asia.
Title: Re: Nothing is going back to January 2020 levels.
Post by: Travoli on March 26, 2020, 06:54:21 PM
>Nothing is going back to January 2020 levels.

But, $6 TRILLION dollars.
Title: Re: Nothing is going back to January 2020 levels.
Post by: littleman on March 26, 2020, 07:16:34 PM
I don't know, we'll see.  Humans are remarkably good at perceiving reality in ways that match their desires.
Title: Re: Nothing is going back to January 2020 levels.
Post by: rcjordan on March 26, 2020, 07:33:27 PM
>But, $6 TRILLION dollars.

I wish I owned a liquor store.
Title: Re: Nothing is going back to January 2020 levels.
Post by: nffc on March 26, 2020, 09:38:28 PM
Related, imho.

https://www.theatlantic.com/magazine/archive/2020/03/the-nuclear-family-was-a-mistake/605536/