This is Not a Bull Market: Stocks Are Not Up, and They’re Headed Even Lower [View article]
We have many smart people advising people what to invest for personal gains, but these smart people have seldom advises for how to improve the econmy. I wonder how will buying gold or investing in gold or in commodities can create good jobs for people or reduce trade imbalance or balance the deficit.
May be our smart people should spend more efforts in the latter important things, other than for short term personal gains; at the end, even if one gains by investing in gold and commodities, the real gains are really very limited when all things are taken into considerations, unless there are progressive improvements in job creations, in real estate demands, and in general investments, including the stock markets.
Stimulus Puts Railroads on Fast Track to the Future [View article]
Light rails or subways for busy city routes connecting with trains connecting close-by cities are good candidates. These will be green and will help to reduce medical costs from car accidents and pollution issues. Bus systems and other public transportation systems should be considered as well, including the conversion of polluting technologies to green technologies. Efficiency and costs should be important factors in these new schemes; we want practical systems, not showcase systems.
This is Not a Bull Market: Stocks Are Not Up, and They’re Headed Even Lower [View article]
May be our smart people should spend more efforts in the latter important things, other than for short term personal gains; at the end, even if one gains by investing in gold and commodities, the real gains are really very limited when all things are taken into considerations, unless there are progressive improvements in job creations, in real estate demands, and in general investments, including the stock markets.
Stimulus Puts Railroads on Fast Track to the Future [View article]