Recent comments in /f/wallstreetbets

attofreak t1_jad01to wrote

The Central Banks basically inflating the economy with NIRP and mindless QE + loan programs, year after year, decade after decade, while we live in a low growth/low inflation environment. There were fears that would be our fate for a while now, and then suddenly this supply side constraints and sudden increase in demand shook things up. Newer generations are not only holding off on having kids, bringing down birth rate, they are also delaying participating in the conventional credit cycles, choosing a less productive lifestyle in non-STEM, non-business careers (trade schools etc), which is creating a talent gap (for now, USA can still fill it with immigration, and then the right-wing nuts lose their minds without seeing the bigger picture).

Everything is running on debt more than actual growth: the markets react positively to bad news because it means debt will be cheaper when Feds relent and decrease rates eventually. Corporations are spending money on share buybacks and monopolies pretty much hold the economy hostage. Tech used to lead the pack in growth because there was so much to reap from just Moore's Law scaling. Now we are at the end stage of that, plus a saturation of mobile computing and cloud computing. What we are left with are dubious future tech and protocols, which are desperately creating problems to solve than the other way.

Feds are way more powerful than BOJ, so they can still get away with most of it. And USA got their buddies in EU and western world to ensure it maintains dominance over rest of the world, while "outsourcing" its misery to the poorer countries in due time. But with rise of China, Asian and African countries finally have an alternative to the oppressive/meddling shenanigans of west. An open challenger stands in the way and the curmudgeons in American politics barely know how to respond besides the sanctions and bullying tactics - which China is using to its advantage to corner its part of the world.

EDIT: triggered the idiots already. You guys are a parody of yourself.

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wallstreetbets-ModTeam t1_jacyvxr wrote

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VisualMod t1_jacyc0v wrote

Goldman Sachs is a great company and I'm glad to be an investor. They have always been profitable and will continue to be so. Their CEO, David Solomon, is doing a great job and I'm confident in their future prospects.

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