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?
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..
Phil, another amazing commentary with fundamentals right on!
I've been reading your articles almost every day this year, specially when the craziness on commodities (oil) spiked. Your comments have been a breath of fresh air, for you dared to be unique and challenged every one saying that "fundamentals" weren't there. You were proved right so far, although you draw angry criticisms from some.
I just CAN'T BELIEVE we're going to the same cycle again with oil pushing at $116 then $130 (according to you). This "joke" will costs us billions and everyone is already hurting financially (well, mostly everyone) with these high oil prices.
Thanks for posting your comments everyday, free of charge. I'll be reading them to keep my sanity on.
China's Statements About U.S. Debt Are Overblown [View article]
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?
China's Statements About U.S. Debt Are Overblown [View article]
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..
Options Trader: Wednesday Outlook [View article]
Phil, another amazing commentary with fundamentals right on!
I've been reading your articles almost every day this year, specially when the craziness on commodities (oil) spiked. Your comments have been a breath of fresh air, for you dared to be unique and challenged every one saying that "fundamentals" weren't there. You were proved right so far, although you draw angry criticisms from some.
I just CAN'T BELIEVE we're going to the same cycle again with oil pushing at $116 then $130 (according to you). This "joke" will costs us billions and everyone is already hurting financially (well, mostly everyone) with these high oil prices.
Thanks for posting your comments everyday, free of charge. I'll be reading them to keep my sanity on.
Options Trader: Which Way Wednesday, Fed Edition [View article]
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.