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  • How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II [View article]
    That's not even funny. Great Depression was about deflation. Japanese Great Depression was about deflation. What does it have to to with inflation?
    Global infrastructure boom? With US in depression? Wrong on both sides:
    1. If US, a buyer of last resort, isn't buying much anymore, who is going to develop infrastructure?
    2. If they still do, where are they going to buy heavy machinery? CAT, DE, and above mentioned GE are still American companies! As well as hundreds other names.
    As for gold, it was, is and always will be a tool for hoarding. Has nothing to to with investment. And way too much dependent on demand from developing world. Still not clear how situation in Vietnam (ban on gold import) and India (drop of gold imports in the last several months) impacts gold market. BTW, India consumes, at average, 30% of gold.
    Jul 19 01:19 am |Rating: 0 0 |Link to Comment
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