Ray Dalio says the global economy is under threat

Re:Ray Dalio says the global economy is under threat by tenpies on Sunday November 03, 2019 @05:04PM (#21437006)

The hilarious part to me is the elites saying "but look at the data". No. The whole point is that we've reversed engineered the economy so that "inflation is under 2%", meanwhile an entire generation is basically condemned to never own their dwelling. Unemployment is "historically low" but that's because you have people with Masters degrees driving for Uber and in the "gig" economy. The stock market is performing tremendously, but that's because we've pumped nearly 4 Trillion dollars into it beginning with Obama's presidency.

I am not sure how much longer it goes, but if there is an uprising it's going to be brutal. It's not going to be just bankers and politicians, it's going to come after the technocrats who helped engineer all this and the celebrities that pretended everything was okay.

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Re:Ray Dalio says the global economy is under threat by navigatesol on Saturday November 09, 2019 @03:44PM (#21494234)

Home ownership rates for the under 35s are down, but not substantially. They are also increasing.

Putting $4T "into the stock market" as if it's vaporized is simply nonsense.

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Re:Ray Dalio says the global economy is under threat by wait-a-minute on Monday November 04, 2019 @11:59AM (#21443607)

With the insane property taxes the left wants to levy on personal dwellings, you never really own anything anyway. It's not a problem with just the elites - it's a problem with the leftists pretending to be on the side of the worker but then implementing 2% to 4% yearly property tax bills. See: Illinois.

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