Will Najarian's Prediction of a Stock Market Explosion Come True? [View article]
I suggest reading Martin Wolf articles (he's raised issues and been correct on outcomes many times on many issues). Latest article, amongst many things, asks whether the US administration is asking/addressing the proper issue. Also, he mentions actions such as conversion of debt into equity will hurt pension funds, insurers, etc.
Re M2M, the G20 has been discussing / taking steps to implement transparency. Also, international accounting standards (IFRS) mandate fair value. Is the USA going to back away from all this forward progress in the world? It would be a significant blow to the USA.
M2M is an emotional item being made into a scape-goat, and is not the cause of the situation, it is just the rules for presenting financial results. Only way it gets suspended is on politics which seems to be against Obama's theme of cutting through red-tape, etc.
This appears to be more hype than of substance. There goes more tax-payer money on involving and debating with Congress.
The technology exists for quick referendums with voting rights available to all people. Why not use it on issues such as bailouts? So much time/money/GDP wasted by politicians.
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I suggest reading Martin Wolf articles (he's raised issues and been correct on outcomes many times on many issues). Latest article, amongst many things, asks whether the US administration is asking/addressing the proper issue. Also, he mentions actions such as conversion of debt into equity will hurt pension funds, insurers, etc.
Mar 08 13:57 pm
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All Comments by abcde_98 »Will Najarian's Prediction of a Stock Market Explosion Come True? [View article]
Re M2M, the G20 has been discussing / taking steps to implement transparency. Also, international accounting standards (IFRS) mandate fair value. Is the USA going to back away from all this forward progress in the world? It would be a significant blow to the USA.
M2M is an emotional item being made into a scape-goat, and is not the cause of the situation, it is just the rules for presenting financial results. Only way it gets suspended is on politics which seems to be against Obama's theme of cutting through red-tape, etc.
This appears to be more hype than of substance. There goes more tax-payer money on involving and debating with Congress.
The technology exists for quick referendums with voting rights available to all people. Why not use it on issues such as bailouts? So much time/money/GDP wasted by politicians.