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Dave Wrixon » Comments » BBY

  • Best Buy, The Carry Trade and U.S. Debt [View article]
    Krugman got a Nobel for telling people what they wanted to hear.

    That sure as hell wasn't the truth!
    Nov 30 12:13 pm |Rating: +1 -1 |Link to Comment
  • Can a Market Crash Save Us from Hyperinflation? [View article]
    I am sorry, but one of America's biggest problems is the over-valued dollar. In reality it probably needs to drop about 50%.. There is no doubt that an over-valued dollar is a primary cause of the the twin deficeits that have caused this catastrophe. Maintaining an artificial high rate is totally counter productive.

    Stopping the dollar falling once it has reached fair value, however, might just have something to do with controlling the circulation of dollars. To stablisise the dollar and enhance its status means to stop printing.

    Yes, American in general including the government has overspent. The consumer is being a little contrite these days, but they Government is just going on one bender after another. When corporations are insolvent they go into judicial adminstration and the CEO is generally removed. I think this is what is required in the case of the US Government.
    Jun 30 06:30 am |Rating: +5 -6 |Link to Comment
  • Is the Bear Market Over? [View article]
    They are still buying because they are reluctant to take the Oxygen away from the patient whilst he still breathing.


    On Apr 16 11:59 AM Francisco Martin wrote:

    > Sorry, Dave Wrixon. China is next! The US is its biggest buyer of
    > goods, guess why they are still buying our Treasuries?
    Apr 16 13:35 pm |Rating: +1 -2 |Link to Comment
  • Is the Bear Market Over? [View article]
    Yes, it is in China.
    Apr 16 11:03 am |Rating: +1 -3 |Link to Comment
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