Comments on: The Boomers are Out of Time – And Out of Money http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 03:39:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Luke http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-25071 Luke Mon, 14 Sep 2009 06:24:31 +0000 http://dailyreckoning.com/?p=18250#comment-25071 I was at the mall yesterday (I really HAD to go). It was dead. And I am in San Jose, the center of the Silicon Valley. The few people there were not buying. Two store owners said that never saw that before. I was at the mall yesterday (I really HAD to go). It was dead. And I am in San Jose, the center of the Silicon Valley. The few people there were not buying. Two store owners said that never saw that before.

]]> By: Michael http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-24968 Michael Sun, 13 Sep 2009 09:14:15 +0000 http://dailyreckoning.com/?p=18250#comment-24968 Hey Harry It's terribly (or terrifyingly) simple ... gold continues to rise ($1,005 as I write) because the dollar continues to lose value ... simple arithmetic ... the dollar is falling because is is following simple supply and demand rules ... there's too much of it about, therfore the value falls ... and will continue ... RIP $ Hey Harry

It’s terribly (or terrifyingly) simple … gold continues to rise ($1,005 as I write) because the dollar continues to lose value … simple arithmetic … the dollar is falling because is is following simple supply and demand rules … there’s too much of it about, therfore the value falls … and will continue … RIP $

]]> By: Dave http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-24662 Dave Sat, 12 Sep 2009 03:43:10 +0000 http://dailyreckoning.com/?p=18250#comment-24662 Has anyone watched the "Esoteric Agenda" on google or youtube? Explains one hell of alot. The Central Bank want's Central Government. They are creating this. They've been doing this for a long time. Has anyone watched the “Esoteric Agenda” on google or youtube?

Explains one hell of alot. The Central Bank want’s Central Government. They are creating this. They’ve been doing this for a long time.

]]> By: William http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-24412 William Fri, 11 Sep 2009 15:44:50 +0000 http://dailyreckoning.com/?p=18250#comment-24412 Bill---Excellent article! I'm just waiting to hear "Pay no attention to the man (printing money) behind the curtain...". Godspeed! William Bill—Excellent article!

I’m just waiting to hear “Pay no attention to the man (printing money) behind the curtain…”.

Godspeed!
William

]]> By: Terence M. Blackett http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-24095 Terence M. Blackett Thu, 10 Sep 2009 17:47:25 +0000 http://dailyreckoning.com/?p=18250#comment-24095 Yes BIll* - again you hit the "bleeding" nail on the head... CLOWNS & JOKERS are a wonderful analogy but I wonder if the entire house of cards is filled with a pack of jokers... Yes BIll* – again you hit the “bleeding” nail on the head…

CLOWNS & JOKERS are a wonderful analogy but I wonder if the entire house of cards is filled with a pack of jokers…

]]> By: Casidy Butch http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-24041 Casidy Butch Thu, 10 Sep 2009 12:26:14 +0000 http://dailyreckoning.com/?p=18250#comment-24041 Harry you said : I don’t care where you buy your goods or what great dinners you made at home. Point is, malls were packed, people were buying. This is all great for the economy. If you actually had little understanding of what Bill strives to make a point of, which obviously you don't (but do you care to read him with attention anyway?) you wouldn't write such things. Bill's point, exposed many and many times, is that a return to a bubble economy powered by debt and consumption is not only highly improbable / impossible, but that consumption of savings is also the best way for an economy to ruin itself in the longer run, which would seem obvious to about anybody except you. Harry you said :

I don’t care where you buy your goods or what great dinners you made at home. Point is, malls were packed, people were buying. This is all great for the economy.

If you actually had little understanding of what Bill strives to make a point of, which obviously you don’t (but do you care to read him with attention anyway?) you wouldn’t write such things.

Bill’s point, exposed many and many times, is that a return to a bubble economy powered by debt and consumption is not only highly improbable / impossible, but that consumption of savings is also the best way for an economy to ruin itself in the longer run, which would seem obvious to about anybody except you.

]]> By: jimbo http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-23929 jimbo Thu, 10 Sep 2009 05:18:05 +0000 http://dailyreckoning.com/?p=18250#comment-23929 The malls are not quite as busy as they were but they are still brisk. The motorcycle traffic must be decreasing as the noise level seems to have dropped a bit. I can now carry on a conversion and not be interrupted that much. Last year and before, forget it, all Harley. Motorcycles are a good marker as to how the economy is doing. They are purely discretionary. The malls are not quite as busy as they were but they are still brisk. The motorcycle traffic must be decreasing as the noise level seems to have dropped a bit. I can now carry on a conversion and not be interrupted that much. Last year and before, forget it, all Harley. Motorcycles are a good marker as to how the economy is doing. They are purely discretionary.

]]> By: jkr66stang http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-23762 jkr66stang Wed, 09 Sep 2009 23:55:04 +0000 http://dailyreckoning.com/?p=18250#comment-23762 thank goodness this mess trashed boomers' 401(k)s while they are still alive - for the last decade or more they have been acting as if they can spend at will and leave it to future generations to pay for all the glory they created while alive. Boomers are the ones who vote for the fools in government - R's and D's alike - who create these policies. Thankfully they are suffering the consequences now rather than Gen X, Y and Z dealing with it on their own. Boomers: stop voting for candidates who ignore the federal deficit! thank goodness this mess trashed boomers’ 401(k)s while they are still alive – for the last decade or more they have been acting as if they can spend at will and leave it to future generations to pay for all the glory they created while alive.

Boomers are the ones who vote for the fools in government – R’s and D’s alike – who create these policies. Thankfully they are suffering the consequences now rather than Gen X, Y and Z dealing with it on their own.

Boomers: stop voting for candidates who ignore the federal deficit!

]]> By: jkr66stang http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-23760 jkr66stang Wed, 09 Sep 2009 23:51:53 +0000 http://dailyreckoning.com/?p=18250#comment-23760 why are my comments never posted? why are my comments never posted?

]]> By: dimwit http://dailyreckoning.com/the-boomers-are-out-of-time-and-out-of-money/#comment-23689 dimwit Wed, 09 Sep 2009 20:17:54 +0000 http://dailyreckoning.com/?p=18250#comment-23689 the shoppers were out buying farts with plastic air cards. the shoppers were out buying farts with plastic air cards.

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