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Trump Election Confirms It: The world is on track for the biggest BOOM of all time!; We have a real estate President in charge. This cycle is really rumbling now. There’s a boom brewing.
Topic Started: 14 Nov 2016, 02:46 PM (10,531 Views)
Rufus
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Simon_S
14 Nov 2016, 06:40 PM
Great...........So they Don't need to issue Bonds they can just print all the money they need.......

Why do you think a bond auction in Australia will fail?

It can for Spain or Greece and EuZone nations, but not for Australia, USA, UK, Japan, New Zealand, Canada and other currency issuers who aren't fixed to another currency.

That seems to be the point you are having difficulty with.
Take risks - if you win you will become wealthy, if you lose you will become wise
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A Lurker
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Simon_S
14 Nov 2016, 06:02 PM
What is my position again?



Now that wasn't so hard was it Lurker?

Now you raise an interesting point.......Why would they not have the Tax reciepts?

Nice to see that You too also make the Assumption that issuance will always be over subscribed....They will always find the Money..........Always......
They won't have enough tax receipts if the government is spending more than its taxing. This is called a government deficit.
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Khaderbhai
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Wealthy Suburbanite

Simon_S
14 Nov 2016, 06:02 PM
What is my position again?
Considering how badly your last call flopped, I assume your position will be revealed retrospectively in order to guarantee a 'success' next time.

Wait until after something goes up/down and then tell us you bought/sold heaps of that thing and made a huge profit.

That's how Crazy Ted does it these days (after he failed so badly with his Sydney property and gold calls). It's a good way to ensure a 'win' on the Internet.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Andrew Judd
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The USA is once again heading in the wrong direction in my estimation. Spend your way to prosperity is not going to be stopped any time soon. However an unpleasant end game, if it comes, could be 40 years away or more. North America will have to do something different to what South America does if it wants to avoid the fate of Greece and the other banana republics. Democracy is not going to allow a reversal of the trend because it just feels too good to carry on spending somebody elses money.

MMT? There is no solution provided there.
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Terry
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Andrew Judd
14 Nov 2016, 08:11 PM
The USA is once again heading in the wrong direction in my estimation. Spend your way to prosperity is not going to be stopped any time soon. However an unpleasant end game, if it comes, could be 40 years away or more. North America will have to do something different to what South America does if it wants to avoid the fate of Greece and the other banana republics. Democracy is not going to allow a reversal of the trend because it just feels too good to carry on spending somebody elses money.

MMT? There is no solution provided there.
Yes, that could be the case. Was in Japan the past week marveling at the wonderful infrastructure. Doesn't necessarily make anyone "rich", except those involved in graft and the construction companies. However, those highways are a dream to drive on and they now have to discount them massively so the suburbanites are encouraged to use them.
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Simon_S
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A Lurker
14 Nov 2016, 07:36 PM
They won't have enough tax receipts if the government is spending more than its taxing. This is called a government deficit.
That Doesn't matter they can Print every Dollar they need to pay every bill Rufus assures me.


Khaderbhai
14 Nov 2016, 07:46 PM
Considering how badly your last call flopped, I assume your position will be revealed retrospectively in order to guarantee a 'success' next time.

Wait until after something goes up/down and then tell us you bought/sold heaps of that thing and made a huge profit.

That's how Crazy Ted does it these days (after he failed so badly with his Sydney property and gold calls). It's a good way to ensure a 'win' on the Internet.
I have lots of positions and losses are part of the Game.......

Not like Property where its a one way bet. How do you short your house again?

Edited by Simon_S, 14 Nov 2016, 09:02 PM.
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Khaderbhai
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Wealthy Suburbanite

Simon_S
14 Nov 2016, 08:54 PM
I have lots of positions and losses are part of the Game.......
And I'm sure you'll tell us all about your winning trades. After they've 'won'. :re:

Quote:
 
How do you short your house again?
Renting while shorting bank stocks would be one way to short the housing market.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Bardon
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Andrew Judd
14 Nov 2016, 08:11 PM
Spend your way to prosperity is not going to be stopped any time soon.
I knew you would get it Andrew.
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Terry
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Simon_S
14 Nov 2016, 08:54 PM
That Doesn't matter they can Print every Dollar they need to pay every bill Rufus assures me.


Not really. People only have to pay debts by coercion. Considering the totem pole of power, that should be a good indicator of the lot of the suburbanites.
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herbie
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Tha "Trump Discount" woz pretty much assurin' traders of an immediate overnite drop of sumthin' like 800 points down on tha Dow tha last time I heard one of our 'learned resident traders'(?) make public comment on such stuff here - Is me recollection?
Edited by herbie, 14 Nov 2016, 09:58 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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