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Thread: Is U.S. Capitalism On The Brink Of Collapse?

  1. #211
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    Huh. Is this simply a public relations ploy by Besos? Is he working to reduce his workforce by research and development of robotics?
    certainly he is looking into robotics, but also was even the main thing that was bad about that work the pay or rather the working conditions? Probably both and a pay increase is certainly a help to low paid employees, but when you hear about working under great heat, unable to take breaks etc., it's the working conditions as well that are a huge problem. So I say they still need to unionize.
    If you want something to get done, ask a busy person. If you want them to have a nervous breakdown that is.

  2. #212
    Senior Member Williamsmith's Avatar
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    Stock Market Erased all Gain for the Year!

    What!

    https://www.thestreet.com/markets/gl...bound-14756850

    LDAHL.......this is a teaching moment for you.

  3. #213
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    Quote Originally Posted by Williamsmith View Post
    Stock Market Erased all Gain for the Year!

    What!

    https://www.thestreet.com/markets/gl...bound-14756850

    LDAHL.......this is a teaching moment for you.
    I was already aware of the fact that markets fluctuate.

  4. #214
    Senior Member Williamsmith's Avatar
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    Quote Originally Posted by LDAHL View Post
    I was already aware of the fact that markets fluctuate.
    Oh, you thought I said “teachable” moment! That’s adorable!

    No, what I meant was that this is an opportunity to assuage people’s concerns over the volatility of the fluctuating markets. .......by teaching them in this moment.

  5. #215
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    Interesting my sister is good at seeing this’ stuff coming and told me she pulled some of her money out but not all and recommended we do the same which we did.

  6. #216
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    Quote Originally Posted by Williamsmith View Post
    Oh, you thought I said ďteachableĒ moment! Thatís adorable!

    No, what I meant was that this is an opportunity to assuage peopleís concerns over the volatility of the fluctuating markets. .......by teaching them in this moment.
    Here are the lessons I would offer, few if any of which are original to adorable me:

    Only a fool thinks he can time the market.

    Bear markets serve the important purpose of returning shares to their rightful owners.

    The markets generally move in rational directions with occasional bouts of irrationality. However, the markets can stay irrational longer than you can stay solvent.

    If someone comes to you with a theory of how the markets are being secretly controlled by central bankers, the Rothschilds, Wall Street, the Gnomes of Zurich, or any other colorful villain, kick him in the shin and run away.

    Many otherwise intelligent people donít have a good grasp on the concept of risk. Until itís too late.

    Itís important to stick with a plan, even a mediocre one.

    Donít hazard more than you can afford to lose.

    If the people selling investing advice were smarter than you, they wouldnít be selling advice for a living.

    This time is not different.

    The experts have predicted twelve of the last three bear markets.

  7. #217
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    Right on Ldahl. We have been invested in the market since at least 1986. Too many base their decisions on an emotional response. Very hard to overcome. Individual investors no longer have access to the timely information necessary to make really good decisions.

  8. #218
    Senior Member Williamsmith's Avatar
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    India’s purchase of the Russian S-400 missile defense system instead of the US Patriot PAC-3 is a disappointment to the military - industrial complex and sullies the reputation of the deal maker -in- chief, Donald Trump. Not only that but it was revealed today that the Indians signed the contract to pay in Rubles.....not the US dollar even though that means it’s inconvenient for India. Apparently India wasn’t happy about the threats of sanctions the Trump administration was making over the decision. Now that the deal is off, Washington apparently has indicated that they’d be willing to forget about it if only India would commit to buy some F-35s. Now if Putin can only close the deal with the Saudis for the S-400, Trump would be made to look like a real amateur. What happens to our welfare/warfare economy when we run out of countries to sell arms to?

  9. #219
    Senior Member HappyHiker's Avatar
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    Does any country practice "humanism" instead of "capitalism"?

    Imho, capitalism is not a good system for people as it puts moneyprofits over human needs. And the environment be damned if it get in the way of profits.

    I guess socialism is the closest to humanism, but in the U.S. it's likened to communism and all sorts of scary bad thought arise among many from this labeling...

    Meanwhile, we continue to slouch forward toward looming crisis. "Something evil this way cometh" -- the impending environmental crisis will trump profits soon enough for so many humans..
    Author of the green eco-thriller: Falling Through Time http://fallingthroughtime.com Editor of http://vibrantvillage.com

  10. #220
    Senior Member Williamsmith's Avatar
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    News sources from around the world purvey disturbing predictions about the US economy.

    For instance, it is reported that Russia, China and Turkey have increased their purchases of gold. Gold is the one precious metal which is immune from the sanctions and financial pressures the US places on countries as an economic bullying tactic. Iran seems to be in the barrel as of now but China and Russia have been dealing with this also of late. Turkey seems to want to be insulating itself from the exposure to US financial tactics.

    Also China and Russia both have cut their investment in US debt securities. This reduces the ability of the US to print money, grow its economy and sustain a consumption based model. Of course, Saudi Arabia is a player in purchasing military assests but there are tense issues playing out now. The failed sales of the US Patriot missile system to some serious world powers with the contracts going to Russia is also creating concern in Washington.

    These situations and the instability of the world in general,(North Korea is threatening to restart the nuclear program)as an example the new sanctions on Iran indicate a slowing of the US economy and a reduction in the worth of the US dollar. Bank of America conducted a recent poll of investment fund managers who responded that they have reduced investments by 17% due to market volatility. The tariffs on China, the trade wars, the agricultural restrictions, and the Federal Reserve policies have the fund managers skiddish about their investments. China is beginning to dump its 1.2 trillion dollars of US national debt stocks which would definitely impact the US economy.

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