This video reminds me of one of my college classes relating to Asia. We discussed how China was leading the way with its foreign direct investments, and creating capitalistic free zones. Unfortunately, we are seeing how that played out, but it was a good run and if they can figure out their water and pollution [...]
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First Step: Watch this video on Canadian Healthcare Did you watch the video? I would embed it so you can watch it here, but it seems that due to technological limitations (or decisions) that isn’t going to happen. And no I’ve decided against figuring out how to circumvent such actions. So, click the link already. [...]
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While perusing various blogs I stumbled up something a bit unsettling. As I’ve been chomping on what the IMF bonds issues mean talks about moving away from the dollar as the reserve currency continue… There are meetings being held Monday and Tuesday in Yekaterinburg, Russia, (formerly Sverdlovsk) among Chinese President Hu Jintao, Russian President Dmitry [...]
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Foreigners buying US Dollars? I’m attempting to put a couple puzzle pieces together so here goes… 1) China has tons of US dollar and dollar denominated debt. Additionally I heard suspictions that China may be purchasing land, companies, etc… with the debt. Considering that we have no real access to their books, and they can [...]
Some See China’s Buying Spree on Commodities as Short-Lived – NYTimes.com. With the advent of Central Banks printing their way out of this mess the probabilities continue to point toward inflation. While the rate of expansion of the money supply has lessened it is no less continuing to rise. Should the Fed decide to sell [...]
Hold your hats folks as here are some of the forecasts for 2009 (link): GDP falling by 2.2% Slow recovery in 2010 > 9% unemployment by 2010 Decline in inflation (hmmmm… if monetary policy says anything this will reverse or at least eventually destroy the dollar) Continued decline in housing prices Decline in real consumption [...]
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Taxes: The ubiquitous “necessity” that engulfs us continually. That sentence reminds me of just how complex and absurd the tax code is to follow and comply with every year and every day. On another board there was recently a discussion about the Auto companies with respect to their inefficiencies. Simply looking at all the rules [...]
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This is going to be short and sweet… We’ve broken the lows from 2003. It is very possible that we go much lower from here. We may get a bounce, but there seems to be a major lack of buyers. I wouldn’t be surprised to see a gap down tomorrow as all the people who [...]
The following are responses that Richard Maybury gave in an interview with Investor Insight. He makes a case for the coming of a great inflation. We haven’t seen the beginning yet as we are still going through a process of de-leveraging. –Article– Obama is a boomer, and I think an understanding of the boomers is [...]