Losing is good to primitive "economists"

[USA4ME]

I place "economists" on parenthesis because Skin's island doesn't have any worthy of consideration.

MannyGoldstein

Told you so: France is totally ****ed from raising taxes on the wealthy.

First their new (confessed!) Socialist president raised taxes on foreign-owned second homes.

As if that wasn't awful enough, he next set a $565,000 per year pay cap for executives in state-owned companies. I don't know how very important people can live on that.

So instead of austeritying the peasantry as reasonable Progressives know we need to do, Hollande is waging class warfare on France's job creators, and now the chickens have come home to roost!

The invisible bond vigilantes have arrived!

In today's auction of French bonds, yields dropped to negative rates. Because of Hollande's moves, borrowers are pretending that they now have so much confidence in being repaid that they are actually paying France for the privilege of lending France money. Of course, this is just a trick to get the French to borrow more money than they can ever hope repay, thus making big profits for the banks.

Silly Socialists!

Austerity now! Austerity forever!

Best regards,

Third-Way Manny

http://www.democraticunderground.com/1002920898

Manny, you're not smart enough to be sarcastic.  In fact, you're very stupid.

Its really quite sad that investors now buy bonds, not because they think there is an opportunity to profit, but as a means of marginally preserving the value of the currency they currently hold.

It's even more sad that the primitives not only aren't intelligent enough to recognize that's what is taking place, but that they believe people are willingly buying negative bonds because they view it as a good thing, as though they're going to help turn things around and make it back later.

 

.

[RWKindaGuy]

I place "economists" on parenthesis because Skin's island doesn't have any worthy of consideration.

Manny, you're not smart enough to be sarcastic.  In fact, you're very stupid.

Its really quite sad that investors now buy bonds, not because they think there is an opportunity to profit, but as a means of marginally preserving the value of the currency they currently hold.

It's even more sad that the primitives not only aren't intelligent enough to recognize that's what is taking place, but that they believe people are willingly buying negative bonds because they view it as a good thing, as though they're going to help turn things around and make it back later.

 

.

Make it back later on a negative yield?  These DUmmies can't be serious.

[Karin]

W-a-a-a-a-a-y over their heads. 


Did you see that Denise Rich is renouncing her citizenship and taking her vast wealth with her?  She of the Marc Rich pardon fame. 

[Bad Dog]

W-a-a-a-a-a-y over their heads. 


Did you see that Denise Rich is renouncing her citizenship and taking her vast wealth with her?  She of the Marc Rich pardon fame. 

The DUmmies are overjoyed. This is going to be test case proving the validity of their neuvo-commie theories.

[ChuckJ]

coalition_unwilling (11,066 posts)
7. I'm pretty sure you are not serious but, if your post was serious and not

sarcastic, you are 100% incorrect.

To wit, investors in French debt are so unafraid of the threat of inflation that they are willing to accept a zero or even negative rate of return. Investors actually are exposing themselves to the threat of inflation down the road but, like I say, they see no threat of inflation so are not too worried about it.

I'm not an economist nor a financial expert, but out here in the backwoods we don't call people who are willing to accept a zero or negative rate of return 'investors'.

Let me say that I do understand taking a short-term loss with the goal of making a long-term gain, but a negative rate of return in a country going socialist? With the "fine" track record of socialism?

We usually call those people fools who are parted with their money.

[Ogre]

I'm not an economist nor a financial expert, but out here in the backwoods we don't call people who are willing to accept a zero or negative rate of return 'investors'.

Let me say that I do understand taking a short-term loss with the goal of making a long-term gain, but a negative rate of return in a country going socialist? With the "fine" track record of socialism?

We usually call those people fools who are parted with their money.

Which is more entertaining, DUmmies and economics or monkeys and footballs?

I give it about a year maybe less and the primitives will be singing a different tune.

I'm gonna have to bookmark that thread for use later. 

[jukin]

I would be putting my money in the bank of bed mattress or in a can buried int the backyard.

1. I have more money in a year.

2. I know that I will get my money back.

3. I can use my money at anytime during that year.

For france only:
4. I know that I will not have a wealth tax assessed on my money.