Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: RK on September 21, 2020, 11:21:00 AM
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Flied Lice wit dat ??
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Most countries in green are shitholes.
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Debt in and of itself is not a bad thing. It promotes economic activity at a faster pace than would otherwise be possible. If everyone had to save up the entire amount for a house few people would own homes, for example. This acceleration of economic activity drives the economy to higher heights, to a point.
Japan has been in the doldrums for a very long time since the early 90's. An asset crash driven by the Bank of Japan started it all. Economic activity has suffered for many years as a result. Few people want to take financial risks and economic consumption is down.
So in essence, Japan's national debt is due to a lack of borrowing by the population. Ironic.
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Is there any prediction on when Japan's economy will collapse?
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Most countries in green are shitholes.
USA, Bhutan, Sudan, Congo, Eritrea, Mozambique, Yemen, Zambia, Tog etc are red
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Is there any prediction on when Japan's economy will collapse?
After USAs, they are interconnected, soon.
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After USAs, they are interconnected, soon.
No dipshit, the USA has 1/3rd the debt Japan has and Japan hasn't imploded yet. Which shithole country are you from again?
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No dipshit, the USA has 1/3rd the debt Japan has and Japan hasn't imploded yet. Which shithole country are you from again?
USA prints the money, it is not about the sheer amount of debt. You will get shot or stabbed soon in november, take care.
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USA prints the money, it is not about the sheer amount of debt. You will get shot or stabbed soon in november, take care.
lol - you are have reached the funny side of stupid. I now enjoy your posts.
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After USAs, they are interconnected, soon.
Dumb arab is "lecturing" about Western World again.
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Stupid arab, people live on Greenland too, it's Danish territory.
Learn geography DUMBO.
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DUMBO arab, tell us about torture & killing of judo champion in Iran !.
Religion of "love + peace".
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Dumb arab is "lecturing" about Western World again.
I think hes russian
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Debt in and of itself is not a bad thing. It promotes economic activity at a faster pace than would otherwise be possible. If everyone had to save up the entire amount for a house few people would own homes, for example. This acceleration of economic activity drives the economy to higher heights, to a point.
Japan has been in the doldrums for a very long time since the early 90's. An asset crash driven by the Bank of Japan started it all. Economic activity has suffered for many years as a result. Few people want to take financial risks and economic consumption is down.
So in essence, Japan's national debt is due to a lack of borrowing by the population. Ironic.
Only those with a lot of debt claim it’s not a bad thing. It’s not a bad thing only if you have no intent of ever paying it off.
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I think hes russian
Pretends to be !.
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Japan’s stock market has been in a 30-year bear market, and Europe’s stock market has been in a 20-year bear market, as they both fell from very high valuations to rather low valuations, and their economic growth rates slowed.
The United States has had similar lengthy bear markets in the past, and overall the multi-decade long run these indices tend to all perform similarly, but lately we’ve been in a big cycle of U.S. equity outperformance.
https://www.fedweek.com/tsp/international-markets-underperforming-and-yet-interesting/
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Bond Market Shows U.S. Is Leading in Race to Reflate the Economy
It’s early days, of course, and investors are still quibbling over whether the Fed will succeed in spurring price gains. But they’re ramping up bets that its new inflation policy, aggressive bond buying and its slate of liquidity programs will help the U.S. reflate its economy more convincingly than in other developed nations. With many central banks backed into a corner with ultra-loose monetary policy even before the crisis, the U.S. has quickly out-eased its peers
“The U.S. is reflating, but Europe and Japan are struggling,” said Robin Brooks, chief economist of the Institute of International Finance. It’s “unambiguously” a big deal that the Fed has shifted policy, and “that creates headaches for the ECB and the Bank of Japan, who are both facing a challenging inflation picture,”
https://www.bloombergquint.com/onweb/bond-market-shows-u-s-is-leading-in-race-to-reflate-the-economy
Murica, FOOK YEAH
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Only those with a lot of debt claim it’s not a bad thing. It’s not a bad thing only if you have no intent of ever paying it off.
Good point and we don't.
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Good point and we don't.
Lol :D
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Debt can be terrible when you have no assets to counterbalance its existence, which then renders you unworthy of credit (being crushed under the weight of your own debt - this phenomenon happens to people just as much as it happens to the economies of countries).
If you have adequate assets in place and generate good income, debt can be leveraged and used to make money from it. Debt is a friend to the wealthy, leading to the growth of their wealth. To the poor, debt only digs deeper the hole they are already in.
An economy, by many respects, needs debt to exist. Banks make money that way (lending out money, creating debts that are in turn their assets and furthermore finding more credit-worthy individuals to lend money to and create more debt cycles).
"1"
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There were very few years if any in our history that we ran a surplus. We have always been a debtor nation. Most nations are.
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Only those with a lot of debt claim it’s not a bad thing. It’s not a bad thing only if you have no intent of ever paying it off.
LOL - I can tell you have never run a business. It's a valuable tool for financing receivables and buying inventory in advance of product builds. I've been doing it for over 20 years and have a AAA credit rating. So yeah, debt is not a bad thing.
As for consumer debt- it can actually be a very good thing. In a period of rising inflation - which is always a bad thing fyi, assets purchased with fixed interest debt actually cost less over time. You know, like a house. This does involve advanced mathematical concepts though...
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Pretends to be !.
I thought RK stood for Russian Kunt. Hmmm. It must actually stand for Royal Kunt. That covers it globally, haha.
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The U.S. never had a bear market as long as Japan's.
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Only those with a lot of debt claim it’s not a bad thing. It’s not a bad thing only if you have no intent of ever paying it off.
And those self made millionaires who use leverage to build businesses and purchase real estate. Just an example is an average Joe engineer I know who currently has a 3 million net worth. He has 6 million in high appreciating assets and 3 million in very low interest debt.
For 20 years, he used his salary to purchase appreciating assets (US stock index funds and real estate) and took out low interest loans to purchase more appreciating assets and start a business. He quit his engineering job to run his real estate business because it now pays more than his engineering job and it's a lot less work and stress for him.