Over reliance ....

[farmaholic]

What do you want farmland to be less than a combine or tractor !

Get in the game !

The combine and tractor aren't "worth" what they "cost" either!!!

[tubs]

moving manufactoring to Canada is not going to happen. Canada is becoming China we just about have marshall law hear, people can not think for themselves no more. people that can think for themselves are being villafied welcome to communist Canada. With comrad Trudeau in charge.

[farmaholic]

Yes they are ! Equipment is going for more than new at auctions !

Bulk fuel tanks, JD4020's, Degelman heavy harrows and land rollers don't count....😉

It's the over inflated cost of new iron sitting on Stealer's lots that are supporting used iron.

[beaverdam]

Here we go again . . . .

The Fed has thrown a bazooka at markets yesterday (now far beyond tactics used in 2008) to save U.S. stock markets from another crash. But just like 2008, the Fed is again throwing hedge funds an undeserved lifeline for their mistakes and greed and mistakes in corporate stock buybacks which artificially pushed stocks to historic highs with little to no fundamental backing. Valuations were ridiculous . . . .

The Fed now has control of the entire U.S. bond market. Should stocks leg to fresh lows this spring; is the Fed going to start purchasing equities as well?

Save Wall Street greed at any cost is again the motto . . . except this time, it just got a whole lot worse.

"Save Wall Street greed at any cost is again the motto . . . except this time, it just got a whole lot worse."

You mean, save peoples Pensions? you mean save peoples IRA's, RRSP's TFSA's, Mutual funds?
How low do you want all that stuff to go to? If it drops 10%, 25%, 50% even 80%,,, then what???

[errolanderson]

"Save Wall Street greed at any cost is again the motto . . . except this time, it just got a whole lot worse."

You mean, save peoples Pensions? you mean save peoples IRA's, RRSP's TFSA's, Mutual funds?
How low do you want all that stuff to go to? If it drops 10%, 25%, 50% even 80%,,, then what???

The horse is long gone out of this corral . . . .

Fed Keynes policies have done nothing but built an enormous unsustainable bubble that is now blowing sky high. The Fed is now in panic mode in an attempt to dose the flames. And it ain’t workin . . . .

We are simply at the end of a capitalist business cycle that is in desperate need of refreshing, and it will refresh, Fed or no Fed. Yes, pension funds, retirement funds if exposed into high risk and asset values are now at-total risk. But this carnage would have been far less painful (IMO) had central banks simply gotten the hell out-of-the-way and let true economics rule. But now we have a much bigger (Fed built) financial problem and the pain begins whether the Fed injects $2.3 trillion yesterday or not.

The green seeds of the new economy will again sprout

[jazz]

The horse is long gone out of this corral . . . .

The total stimulus injection into the US is about $12T. That's one country. Who knows what the rest of the world has done. Canada has put about $180B. We are short by a factor of 10 to keep a first world economy going. US can maybe afford this, but we cant. Either we will debt bomb ourselves or the peak of standard of living has been reached in this country.

And remember, Trudeau killed dozens of resource projects that could have led us out of this. usually consumer spending leads a country out a recession, that's at the back end now probably a couple yrs out if it every returns to pre covid levels. Some people will be on the govt dole forever. Hundreds if businesses will not bother to reopen.

Trudeau is so pretty for the cameras right now, he has no idea whats coming.

[beaverdam]

The horse is long gone out of this corral . . . .

Fed Keynes policies have done nothing but built an enormous unsustainable bubble that is now blowing sky high. The Fed is now in panic mode in an attempt to dose the flames. And it ain’t workin . . . .

We are simply at the end of a capitalist business cycle that is in desperate need of refreshing, and it will refresh, Fed or no Fed. Yes, pension funds, retirement funds if exposed into high risk and asset values are now at-total risk. But this carnage would have been far less painful (IMO) had central banks simply gotten the hell out-of-the-way and let true economics rule. But now we have a much bigger (Fed built) financial problem and the pain begins whether the Fed injects $2.3 trillion yesterday or not.

The green seeds of the new economy will again sprout

"But this carnage would have been far less painful (IMO) had central banks simply gotten the hell out-of-the-way and let true economics rule."

I agree entirely.
Much pain ahead for many that expect it,,, but also plenty of pain for many, that don't expect it !

[Hopalong]

See gold futures price moving up, anyone have prediction on currency values and status of $US as world reserve currency?