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At that point I had a steady girl-friend, but also a Clemson Tigers Lets Go Tigers Crocs Clog Shoes good friend Robin. I was suppose to meet my girl-friend on Christmas Eve, but around 7:00 PM my friend Robin calls me up and tells me her mom has been bummed about about Christmas and there are no decorations at their home. She asked me, “Will you go get a Christmas tree with me?” That put me in a real dilemma with my girl-friend, but sometimes you have to do the right thing…so I called my girl-friend and told her what I had to do, she was cool. My friend Robin had lost her father when she was very young, and her mother never remarried her entire life. I sort of knew why because one day while over Robin’s house, she had a box of letters that her dad had written to her mom while he was a soldier, and we read them together…very old letters, but expressed who he was.

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The USD is what I’d call the stress barometer of the Clemson Tigers Lets Go Tigers Crocs Clog Shoes, and a breakout to the upside is indicative of the stress in the system. Note that this makes sense because when the Fed tapers from bond buying, they are essentially strengthening the dollar. The S&P 500 index is trading at all-time highs because the large and mega-cap names are holding it up, but there is a lot of subsequent carnage (and increasingly so), which is a classic sign we’ve topped off in the market. The M2 money supply peaked in February of 2021, which coincided with the top in the most speculative parts of the market, including SPACs and Cathie Wood’s ARKK. Well, the truth is, the companies whose stocks have overrun have gotten so large in market cap that it’d take them years for them to grow into their respective valuations, so either these companies grow at a much faster pace, which is unlikely, to “catch up” to their stock prices, or their stock prices will have to come down to Earth

“In economics, income = consumption + savings. The income an indivual, or a country, produces is either consumed and/or saved. If you , or a Clemson Tigers Lets Go Tigers Crocs Clog Shoes, overspends, you or the country dips into savings or creates debt.” I think this answer is true for the firm or the individual but in the whole economy it is no longer true. In the macroeconomy, everytime some person or entity doesn’t spend, some other person or entity has their income reduced by the same amount. And because that person won’t get their hands on that money, they will not have it to spend further, so the next would-be recipient of that spending doesn’t get that income, which they in turn will not be able to spend….. and so on