Norevenand

3 Comments

    • ON: Wed Jul 23rd 23:44 PM
      Commented on:
      25 Ways to Tell a Banking System Is Unsound
      Shedlock is a hack. He compiles information and presents it to the acolytes who are only too eager to suck it up because it's the kind of slop that appeals to their hack-selves.

      There's no original thought here nor an in-depth analysis of the current financial malaise. What good is rehashing old crap when you have nothing new and original to offer?

      Move along. Nothing to see here.
      View article »
    • ON: Sat Jul 19th 11:04 AM
      Commented on:
      How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II
      An amateurish article. At best.

      Comparing a technological juggernaut like the U.S. to a technology follower like Japan is farcical. The U.S. military complex is also the largest on the planet. When something goes wrong somewhere in the world and battleships are needed, who ya gonna call? Japan? The whole basis of the article falls apart like a paper house in the face of a gale.

      The USA is also still the largest marketplace in the world. No one even comes close. Everyone sells to the United States. When the U.S. stops buying, everyone suffers. Decoupling isn't even close to coming about in the next 5 decades so forget about the USA becoming an afterthought any time soon.

      Know this: The U.S. will go through a slowdown for the next 3 years. It's inevitable and unavoidable. There will be at least two major bank consolidations in the next 18 months. The financial system won't be allowed to fail and U.S. financial institutions will get to raise even more capital from global investors. You know why?

      The world can't afford to allow the U.S. to fail. Without the U.S., the world becomes a more dangerous and unstable place. Everyone and I do mean everyone needs the U.S. to remain stable and steady.
      View article »
    • ON: Sun Jan 13th 01:54 AM
      Commented on:
      The Real Story on Countrywide, Cont.
      When everyone and their mother is talking about recession, guess what folks?

      It ain't gonna happen. At least not this year. Read up on the definition of what a recession means and then look up the GDP growth for 2007. Nothing there indicates recession. Yet.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»