junkyarddog

China's Statements About U.S. Debt Are Overblown

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

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..

Options Trader: Thursday Outlook

Thanks for the link above "Markets in Turmoil"; it actually made me laugh, as the pictures look more like a Mexican soap opera, with all the over-acted drama.

I know you're not here to comment on other analysts, but doomsayers like Martin Weiss are predicting the DOW to pull back all the way to 7,200.

Do you think we'll go that low before bouncing back?

Options Trader: Tough-Decisions Tuesday

I can't argue with the Big Dog; I'm not worthy... :-) He's right.

Options Trader: Tough-Decisions Tuesday

I've always been a big fan of these articles, but today Phil hit bottom. "DC Housing Bear" above said it all, what we need is fiscal discipline, not more of a socialistic society. Come on Phil! What are you thinking?? Are you panicking?

One can't fix this mess with a silver bullet. Forest fires are good, they burn the useless brush and make the surviving trees stronger. Failure is a necessity for success. It's going to be painful, and we'll come out a lot better and stronger once this is over. It'll be a while, but it will be over.

All we need is for the government to ensure FAIR PLAY, the rest is prosperity for the fittest and bankrupcy for the unefficient. That's life.

Please, no more government bailouts!

Forget Oil, Water Is China’s Biggest Shortage

And this is "only" China. India is facing similar problems.