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  • China's Statements About U.S. Debt Are Overblown [View article]
    Nice try, but where did I say China needs the US? Last I checked they exported to many other countries. The question is: can they consume internally all what they produce and still be a strong economy? Lucky we got your analysis, eh?

    On Jun 01 03:55 PM Dave Wrixon wrote:

    > Yes, the Chinese cannot survive unless they give us all their money
    > to squander. Lucky they got us, eh?
    Jun 02 16:50 pm |Rating: 0 0 |Link to Comment
  • China's Statements About U.S. Debt Are Overblown [View article]
    Donald, interesting points.

    However, I'd argue that the Chinese DO need their exports. The Chinese population is economically still poor and they can't absorb all what China produces -- thus the need for exports.

    And as far as taking the hit.. I don't know... it's over 1/2 of trillion dollars in bonds and I don't care how rich you are: no one likes to take a "hit" like that! If we go into hyper-inflation, well that's a different story..
    Jun 01 13:18 pm |Rating: +4 -3 |Link to Comment
  • Options Trader: Which Way Wednesday, Fed Edition [View article]
    Phil,

    I love reading your articles! This one actually got me depressed. :-)

    Million dollar question: is all of this stupidity or simply manipulation?

    Americans are more willing now to new oil drilling and McCain is for it, Obama is not. Guess who's going to win the election if oil doesn't pull back?

    I already know what I want for Christmas (I'm poor, I need to wait that long!): a subscription to your newsletter.
    Jun 25 10:29 am |Rating: 0 0 |Link to Comment
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