China, Germany and the USA has been all but telegraphing bond haircuts for 2013. This will create longer term opportunity for fundamental investors and start of a tepid but sustainable bull afterward.
I will place funds in the latter half of 2013 but keep a close eye on geopolitics. MENA risks of continued altering of security arrangements may lead to unexpected consequences not so easily contained.
For now I will take my double dip with Jimmees please. Hey do I win a prize for being one of a few that called it right three years in advance? I have no PhD so nah, guess not...
After a report showing Sanofi (SNY) had a financial relationship with doctors' groups lobbying against generic drugs, two senators say FDA lobbyists should be required to disclose their ties to drug firms - which can spend a few millions on groups to affect the outcome of drugs that sell in the billions of dollars. [View news story]
It is render to Ceasar time. Five industry oligarchs to shake down and the companies within them that used government to lever up will now be paying the devil his due. But don't consider touching banking, heavens no! That is too sacrosinct. Of course sound money or lack thereof, is the bedrock of a society. Guess its burn baby burn until the peasants start the shootings.
Bob Doll was on board with the W shaped formation of the depression event back in 2008. I wouldn't call that kind of forecast bullish at all. Perhaps what should be said in this article is that he has changed his mind regarding equities for the second portion of the downturn.
A number of senators are petitioning the FTC to probe whether oil refiners kept inventories artificially low in order to maintain high gas prices. The group notes refineries are using only 81.7% of their capacity, down 7% from this time last year. [View news story]
Medicare and Social Security will go bust sooner than previously thought, as a slow-growing economy saps revenues, a new report says. Trustees say the Medicare trust fund is projected to exhaust its funds in 2024, not 2029 as estimated last year, and Social Security will run out of money in 2036, not 2037. [View news story]
Get government out of the private markets and allow competiton. The tax issue does matter Terry, but it is an effect of Fascism.
Medicare and Social Security will go bust sooner than previously thought, as a slow-growing economy saps revenues, a new report says. Trustees say the Medicare trust fund is projected to exhaust its funds in 2024, not 2029 as estimated last year, and Social Security will run out of money in 2036, not 2037. [View news story]
The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations. [View news story]
Get Ready for a Global Growth Slowdown [View article]
2) Supply Side Economics, Scarcity vs. Abundance
As centralization occurs, larger business entities rely on the fear of loss rather than the opportunity to benefit which are the two reasons individuals do anything in this world. Partnering with government means a reliance on the stick rather than the carrot to maintain consumption. Promoting fear of shortages real or imagined accelerates the centralization process.
What you wind up with are the majority clamoring for growth at odds with Malthusians that have wealth and are satisfied with status quo. The minority lose power but the struggle gets bloody every single time. The solution is to offer innovative solutions that increase competition and satisfy the need for growth making the inevitable decentralization process far less painful. But those at the top hate competition. "Competition is a sin; therefore you must destroy it." John D. Rockeller
Government is supposed to be the neutral referee in the boxing match between big ane small competitors not join Mike Tyson against the 110 lb. innovative lightweight.
As for other detail, monetary union without political union (the people) always fails spectacularly.
I expect a decade of stagnation and war but no one is going to keep this 110 lb. lightweight on the mat ;) After every dark era of fear is a new dawn of the opportunity to benefit!
Get Ready for a Global Growth Slowdown [View article]
No. The need for growth be it personal, financial or spiritual is baked into our genetics. There are two main problems of management:
1) Mankind still operates using a pyramid shaped paradigm. All it takes for an organization (government, religion, business) to fail is one or two bad crops of conceptual level thinkers at the top of tge pyramid to decide to pursue self interest to destroy the base below it. The wealth concentrates, innovation ceases and productivity declines. The organization such as a government reorganizes out of necessity. I wrote a lot more about this topic in an article entitled "Feelng Upset Because American's Can't Wake Up As the USA Falls Apart" ragingdebate.com/brows...
The Founding Fathers were also aware of the dangers of rapid centralization and slowed the process down by having four dimensional government model. Facebook began as a 4D model which widened the management base at the top by design. Central Banking has the dollar bill symbol as a pyramid. Chairman Bernanke seems to understand this time is different and the model will evolve into a 4D paradigm or die. Hence the push for transparency, PR whereas Greenspan told the world debate on monetary systems was off bounds back in 2004.
The system of the future should not exacerbate centralization or decentralization.
Bernanke refuses to do more to help the unemployed, Paul Krugman believes, because he's "bullied by the inflationistas: the people who keep seeing runaway inflation just around the corner and are undeterred by the fact that they keep on being wrong... because Ron Paul is now the chairman of the House subcommittee on monetary policy." (earlier) [View news story]
The government's bid to oust Forest Labs (FRX) CEO Howard Solomon over marketing violations raises alarms in the drug industry, which is accustomed to paying fines to settle such cases. The campaign is part of a larger Obama administration effort to pursue individual executives blamed for wrongdoing rather than simply punishing companies. [View news story]
In 2007, Physician Marketing had declined from $12B to $11B over previous two year period while Direct-to-Consumer marketing had increased from $4B to $6B. The changes were due to strict regulations imposed on Physician Marketing where Pharmaceutical sales reps would wine and dine Doctors to push more product. I am curious what the specific allegations were. The article infers since the Administration had failed at exclusion on Wall St. that the Administration decided to try their hand in the Pharmaceutical sector.
Fascism creates an environment where there are dwindling spots for revenue and those that don't 'Render unto Ceasar' are taxed.. err, I meant fined heavily through infractions.
Dialetcal, if fundamental reform toward a Free Market happened in 2008 instead of corporate and public welfare, I would agree with you. What structural investments have been made? None! So why kick the can another couple of years? Can-kick for the last of the foolish management of this country to exit while finishing the looting on the way out, NO THANKS! I'll run my own survey and ask why the American people want to reduce the deficit. Perhaps they understand it is creating inflation? Check out the chart in this article: seekingalpha.com/insta... I conduct a lot of research. The American public is not as clueless as some have come to believe.
The S&P warning on U.S. debt was silent on the real danger to the economy and the federal budget: Growth could be derailed by letting too-big-to-fail banks become irresponsible again or by allowing continually rising healthcare costs, Simon Johnson writes. He fears S&P's "broad-brush" warning could whip up debt hysteria and push policies that quickly undermine growth. [View news story]
I can't agree with you Leftfield about Simon Johnson. He is attempting to bring a sense of reason, of risk in front of Kingmakers. A small minority will listen and respond. The rest won't until the pain of no growth (we're programmed to grow personally and financially) and likely global war. They smartened up after WW2 but that generation is now mostly gone.
Pain is the catalyst of evolution. The Kingmakers can reinvest and some are starting to in politics to create a level playing field and investing in micro caps.
Second Quarter GDP: Time to Panic? [View article]
I will place funds in the latter half of 2013 but keep a close eye on geopolitics. MENA risks of continued altering of security arrangements may lead to unexpected consequences not so easily contained.
For now I will take my double dip with Jimmees please. Hey do I win a prize for being one of a few that called it right three years in advance? I have no PhD so nah, guess not...
After a report showing Sanofi (SNY) had a financial relationship with doctors' groups lobbying against generic drugs, two senators say FDA lobbyists should be required to disclose their ties to drug firms - which can spend a few millions on groups to affect the outcome of drugs that sell in the billions of dollars. [View news story]
Why QE2 Was Hardly a 'Non-Event' [View article]
A number of senators are petitioning the FTC to probe whether oil refiners kept inventories artificially low in order to maintain high gas prices. The group notes refineries are using only 81.7% of their capacity, down 7% from this time last year. [View news story]
Medicare and Social Security will go bust sooner than previously thought, as a slow-growing economy saps revenues, a new report says. Trustees say the Medicare trust fund is projected to exhaust its funds in 2024, not 2029 as estimated last year, and Social Security will run out of money in 2036, not 2037. [View news story]
Medicare and Social Security will go bust sooner than previously thought, as a slow-growing economy saps revenues, a new report says. Trustees say the Medicare trust fund is projected to exhaust its funds in 2024, not 2029 as estimated last year, and Social Security will run out of money in 2036, not 2037. [View news story]
The Obama administration is considering a plan to tax drivers on the amount of miles they drive. The tax could be enforced by installing equipment in vehicles to track usage, and payments could be made at service stations. [View news story]
Get Ready for a Global Growth Slowdown [View article]
As centralization occurs, larger business entities rely on the fear of loss rather than the opportunity to benefit which are the two reasons individuals do anything in this world. Partnering with government means a reliance on the stick rather than the carrot to maintain consumption. Promoting fear of shortages real or imagined accelerates the centralization process.
What you wind up with are the majority clamoring for growth at odds with Malthusians that have wealth and are satisfied with status quo. The minority lose power but the struggle gets bloody every single time. The solution is to offer innovative solutions that increase competition and satisfy the need for growth making the inevitable decentralization process far less painful. But those at the top hate competition. "Competition is a sin; therefore you must destroy it." John D. Rockeller
Government is supposed to be the neutral referee in the boxing match between big ane small competitors not join Mike Tyson against the 110 lb. innovative lightweight.
As for other detail, monetary union without political union (the people) always fails spectacularly.
I expect a decade of stagnation and war but no one is going to keep this 110 lb. lightweight on the mat ;) After every dark era of fear is a new dawn of the opportunity to benefit!
Get Ready for a Global Growth Slowdown [View article]
1) Mankind still operates using a pyramid shaped paradigm. All it takes for an organization (government, religion, business) to fail is one or two bad crops of conceptual level thinkers at the top of tge pyramid to decide to pursue self interest to destroy the base below it. The wealth concentrates, innovation ceases and productivity declines. The organization such as a government reorganizes out of necessity. I wrote a lot more about this topic in an article entitled "Feelng Upset Because American's Can't Wake Up As the USA Falls Apart" ragingdebate.com/brows...
The Founding Fathers were also aware of the dangers of rapid centralization and slowed the process down by having four dimensional government model. Facebook began as a 4D model which widened the management base at the top by design. Central Banking has the dollar bill symbol as a pyramid. Chairman Bernanke seems to understand this time is different and the model will evolve into a 4D paradigm or die. Hence the push for transparency, PR whereas Greenspan told the world debate on monetary systems was off bounds back in 2004.
The system of the future should not exacerbate centralization or decentralization.
Hyperinflation Is Imminent - National Inflation Association [View article]
Bernanke refuses to do more to help the unemployed, Paul Krugman believes, because he's "bullied by the inflationistas: the people who keep seeing runaway inflation just around the corner and are undeterred by the fact that they keep on being wrong... because Ron Paul is now the chairman of the House subcommittee on monetary policy." (earlier) [View news story]
The government's bid to oust Forest Labs (FRX) CEO Howard Solomon over marketing violations raises alarms in the drug industry, which is accustomed to paying fines to settle such cases. The campaign is part of a larger Obama administration effort to pursue individual executives blamed for wrongdoing rather than simply punishing companies. [View news story]
Fascism creates an environment where there are dwindling spots for revenue and those that don't 'Render unto Ceasar' are taxed.. err, I meant fined heavily through infractions.
U.S. Economic Pessimism Jumps [View article]
What structural investments have been made? None! So why kick the can another couple of years?
Can-kick for the last of the foolish management of this country to exit while finishing the looting on the way out, NO THANKS!
I'll run my own survey and ask why the American people want to reduce the deficit. Perhaps they understand it is creating inflation? Check out the chart in this article: seekingalpha.com/insta...
I conduct a lot of research. The American public is not as clueless as some have come to believe.
The S&P warning on U.S. debt was silent on the real danger to the economy and the federal budget: Growth could be derailed by letting too-big-to-fail banks become irresponsible again or by allowing continually rising healthcare costs, Simon Johnson writes. He fears S&P's "broad-brush" warning could whip up debt hysteria and push policies that quickly undermine growth. [View news story]
Pain is the catalyst of evolution. The Kingmakers can reinvest and some are
starting to in politics to create a level playing field and investing in micro
caps.
Here Comes the Chinese Yuan [View article]