The 2007 Subprime Mortgage crisis

Discussion in 'Economics & Trade' started by stan1990, Mar 7, 2019.

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Do you think that the stimulus package was the right step to save the global economy from the recess

Poll closed Apr 6, 2019.
  1. Yes

    33.3%
  2. No

    50.0%
  3. Maybe

    16.7%
  1. james M

    james M Banned

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    yes Republicans want capitalist health care and Democrats want single payer communism. A child knows that, but not a liberal.
     
  2. james M

    james M Banned

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    you said fed loses money but cant tell us where and when??? Ever think of Econ 101??
     
  3. james M

    james M Banned

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    who supports single payer communism??? see why we say pure ignorance?
     
  4. james M

    james M Banned

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    You said they lose money. Have you changed your mind?
     
  5. james M

    james M Banned

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    show us an economist who agrees. Why not try econ 101 so you wont talk pure gibberish ??
     
  6. james M

    james M Banned

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    Yes pure illiterate gibberish is complex. Why not try Econ 101. and start by identifying your subject so you at least know what you are trying to talk about.
     
    Last edited: May 23, 2019
  7. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    That's not exactly what I said. They 'lose' money because inflation takes away from the money the Treasury has after they collect taxes.

    James M, I think maybe all this is far beyond you and you don't want to think of anything that takes more than a little thought.

    I use vague analogies and concepts to try to make what I am talking about simple, and get the message across.

    There's no way to state it simply so someone like you can understand it, while at the same time explaining all the details to make it entirely correct.

    If I just stated all the detailed facts, someone like you wouldn't be able to draw the connections between them, and it would just end up seeming like "gibberish" to you, which obviously it does.

    I don't think that's my fault. I think that's mental laziness on your part.
    You don't have the ability or willingness to give it the proper thought it requires. That's fine. But don't blame me because you don't understand it.
     
    Last edited: May 24, 2019
  8. rahl

    rahl Banned

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    And he is expanding government, and EXPLODING the deficit and debt. Republicans are completely incompetent at fiscal policy, and governing in general and should be barred from office.
     
  9. rahl

    rahl Banned

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    Who grows government and goes into debt? See why republicans need barred from office?
     
  10. james M

    james M Banned

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    so??? inflation, in effect, takes away from the money everyone has?? So????????????????
     
  11. james M

    james M Banned

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    Translation: I'm a total illiterate on economics, never took Econ 101, and talk total gibberish!!
     
  12. james M

    james M Banned

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    what is it??? You talk gibberish without even knowing what your subject is
     
  13. james M

    james M Banned

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    Well, Bernie Sanders has about $50 trillion in new programs planned which are all 100% opposed by Republicans. Does that help you answer the question???
     
  14. james M

    james M Banned

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    ??? Sanders has $100 trillion in new programs planned and he is a Democrat not a Republican. A child would know that, but not a liberal. Sad!
     
  15. james M

    james M Banned

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    dear, vague is the opposite of simple. Grow up!!
     
  16. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    When I tell it to you simple, you say that's not true and I don't know what I'm talking about.
    When I tell you all the details, you don't understand how it all connects together and say it's all gibberish, or can't comprehend the point.
     
    Last edited: May 24, 2019
  17. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    james M, let me try to make this simple for you.
    When the Fed makes a deal but takes a loss on that deal (which they do because they're trying to effect a change in the economy), it automatically causes inflation.

    When inflation happens, it is basically the Treasury that ends up paying for it.

    Now, that's "the point", and the most simple way I can explain it.

    Everything else I explained to you (that you can't understand the point of) are the details behind why those statements are true.

    The Fed "being profitable" doesn't mean they have not lost taxpayer money.
    In fact if they are below the standard profitability level, they are automatically losing taxpayer money (already explained why that is to you, with the details).

    If the Fed actually managed all its assets like a standard investment bank would, trying to ensure maximum profits for its shareholders, none of this would be an issue. But if they did that, they wouldn't be able to embark on these giant bailout packages.
     
    Last edited: May 24, 2019
  18. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Economics 101 says you can't magically create wealth out of paper.

    So when the Fed makes things easier for different people, where do you think that wealth is coming from?

    james M, maybe it would be easier for you to visualize all this without the money. Imagine what it would look like if the Fed did everything it did but without any money. (Only direct trades and contracts for everything)

    Why do you worship the Fed, james M ?
    Why do you think the Fed can magically solve problems in the economy and violate the basic rule in economics that there is no free lunch?

    I think you don't really understand how the Fed actually works.
    (I don't blame you, it's kind of complicated and most people don't)
     
    Last edited: May 24, 2019
  19. rahl

    rahl Banned

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    No. Because you forgot to say republicans always cause huge deficits, explode the debt and grow the government.
     
  20. rahl

    rahl Banned

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    Sanders isn’t president, and isn’t going to be president. Trump is currently president, and he has EXPLODED the deficit and debt, and is growing the government. Because they said what republicans do.
     
  21. james M

    james M Banned

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    When you say it simple I explain to you why you are wrong. 1+1=2

    When you say it complex its nonsensical gibberish because you have have no idea what you are talking about.
     
  22. james M

    james M Banned

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    the others are nearly as socialist as he is and have no problems with him speaking for the party! Liberals spied for Stalin and HItler. Does that tell you who is for big anti American govt? Sanders honeymooned in USSR and DeBlazio honeymooned in Cuba. What does that teach you?
     
  23. rahl

    rahl Banned

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    No they aren’t.

    No they didn’t.
    That you can’t focus and debate the topic. Which is republicans LOVING them some big government, and huge debt.
     
  24. james M

    james M Banned

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    Trump cut taxes because it ultimately cuts govt and massively cut regulations while Democrats openly have $100 trillion in new spending and taxes planned. Only a liberal could get it so perfectly backwards. See why we say liberalism is based in pure and perfect ignorance?
     
  25. rahl

    rahl Banned

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    Trump cut taxes, and EXPLODED the deficit and debt, and is growing government. Lol

    It is a demonstrable fact that trump has exploded the deficit, and grew the government.

    Yes, we know you believe a lot of batshit crazy stuff, that regularly gets refuted. Like everything you posted above.
     

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