This isn't to say we're in a massive market bubble, because we clearly are, but stocks have been pretty divorced from fundamentals since QE began after 2008. The contrarian in me says that a bubble wont burst while everyone is looking at it (they're shy). Plus capital has one last hail-mary to keep this gravy train going, privatize social security. That the dual benefit of further juicing the stock market, and dealing with government debt obligations.
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- 5 yr. ago
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Yeah, that's a recipe for shit roads. Not to say roads can't be properly maintained when this occurs, it will just cost more. For the same amount of money michigan is always going to have shittier roads than say florida. At the same time, one of the most noticeable things when you cross into ontario is how much better the roads are. At least it looks like the UK is on top of patching. Where I'm from, roads can take on a lunar quality.