{"id":22584,"date":"2017-01-29T15:42:03","date_gmt":"2017-01-29T20:42:03","guid":{"rendered":"http:\/\/olduvai.ca\/?p=22584"},"modified":"2017-01-29T15:42:03","modified_gmt":"2017-01-29T20:42:03","slug":"is-it-just-a-coincidence-that-the-dow-has-hit-20000-at-the-same-time-the-national-debt-is-reaching-20-trillion","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=22584","title":{"rendered":"Is It Just A Coincidence That The Dow Has Hit 20,000 At The Same Time The National Debt Is Reaching $20 Trillion?"},"content":{"rendered":"
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Is It Just A Coincidence That The Dow Has Hit 20,000 At The Same Time The National Debt Is Reaching $20 Trillion?<\/a><\/h3>\n<\/div>\n
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\"Dow<\/a>The Dow Jones Industrial Average provides us with some pretty strong evidence that our \u201cstock market boom\u201d has been fueled by debt.\u00a0 On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes at a time when the U.S. national debt is right on the verge of hitting\u00a020 trillion dollars<\/a>.\u00a0 Is this just a coincidence?\u00a0 As you will see, there has been a very close correlation between the national debt and the Dow Jones Industrial Average for a very long time.<\/p>\n

For example, when Ronald Reagan took office in 1991, the U.S. national debt had just hit 994 billion dollars and the Dow was sitting at 951.\u00a0 And as you can see from\u00a0this chart by Matterhorn.gold via David Stockman<\/a>, roughly that same ratio has held true throughout subsequent presidential administrations\u2026<\/p>\n

\"Dow<\/a><\/p>\n

During the Clinton years the Dow raced out ahead of the national debt, but an \u201cadjustment\u201d during the Bush years brought things back into line.<\/p>\n

The cold hard truth is that we have been living way above our means for decades.\u00a0 Our \u201cprosperity\u201d has been fueled by the greatest debt binge in the history of the world, and we are greatly fooling ourselves if we think otherwise.<\/p>\n

We would never have gotten to 20,000 on the Dow if Barack Obama and Congress had not gotten us into an extra 9.3 trillion dollars of debt over the past eight years.<\/p>\n

Unfortunately, most people do not understand this, and the mainstream media is treating \u201cDow 20,000\u2033\u00a0as if it is some sort of great historical achievement<\/a>\u2026<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Is It Just A Coincidence That The Dow Has Hit 20,000 At The Same Time The National Debt Is Reaching $20 Trillion? The Dow Jones Industrial Average provides us with some pretty strong evidence that our \u201cstock market boom\u201d has been fueled by debt.\u00a0 On Wednesday, the Dow crossed the 20,000 mark for the first […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[195,14731,7272,3461,7844,216,7551,6069,14732,6129,6065,4901,549,14733,1138,14734,10223,753,7554,10522,14735],"class_list":["post-22584","post","type-post","status-publish","format-standard","hentry","category-economics","tag-debt","tag-debt-fueled-false-prosperity","tag-debt-fueled-prosperity","tag-debts","tag-donald-trump","tag-dow","tag-dow-jones-industrial-average","tag-economic-collapse-blog","tag-fueled-by-debt","tag-investor","tag-investors","tag-michael-snyder","tag-national-debt","tag-president-trump","tag-stock-market","tag-stock-market-boom","tag-stock-market-rally","tag-stocks","tag-the-dow","tag-trump","tag-trumphoria"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22584"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22584\/revisions"}],"predecessor-version":[{"id":22585,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22584\/revisions\/22585"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}