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  • Wall Street Breakfast: Must-Know News [View article]
    How come no body talks about Human Right Abuses in China ?
    I bet you all are scared they can abuse us now with their money power?
    May 14 08:30 am |Rating: +3 -8 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Donot get fooled by China importing raw commodities. It is not for internal consumption. Finished materials like steel, cement, cheaper cars are on their way from China to be dumped around the world as the govts across the globe start spending on infrastructure projects like roads and bridges to nowhere.
    May 11 08:34 am |Rating: +1 -4 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Great Idea for any one-- Greenspan dart board- you will feel lot better after throwing a few darts
    Mar 06 09:40 am |Rating: +4 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    year 2008- Stimulus 150 B and TARP 750 B
    year 2009- Stimulus 850 B and TARP 2.0 T
    year 2010 Stimulus 2.5 T and TARP 5.0 T
    year 2011 Officialy in Depression and Americans migrate to Mexico, China & India for jobs
    Feb 06 08:15 am |Rating: +3 -1 |Link to Comment
  • What Can We Learn from the 1930s? [View article]
    People put money in the bank for safety and returns.
    If they are putting money for safety and would like to withdraw any time then the bank should charge them fees for holding the money and the bank should not lend this money.
    If they are putting in for returns and for a fixed specified period then the bank should pool this money for lending and pay profits (not interest) to these account holders and treat this money as capital for a defined period.
    All problems have Simple solutions only if you keep poiticians out.
    Jan 19 10:39 am |Rating: +1 -1 |Link to Comment
  • What Will Happen If America Returns to an Historical Savings Rate? [View article]
    Good article speaking the truth.
    One point to add is that most of the people were borrowing to live the life style they could not afford. They were not earning more to spend more. They were borrowing to spend more. Hence no savings.
    Dec 30 09:16 am |Rating: +2 0 |Link to Comment
  • Will We See Inflation or Deflation? [View article]
    We will have deflation with asset prices falling and inflation because of the falling dollar. Is it possible to have both deflation and inflaton simultaneously?
    Dec 04 10:15 am |Rating: 0 0 |Link to Comment
  • Investment Ideas for an Inflationary Environment  [View article]
    If my son smokes pot bought with IOUs and he cannot pay up after his credit line is up then i will have to sign and replace his IOUs.
    That is what the Fed is doing now.
    Now if my son continues to smoke pot hoping that I will keep signing his IOUs and the drug dealer doesnot trust my IOUs what does my son do?
    He will have to get a job and quit his bad habits.
    This is what Americans need to do. Fed needs to stop signing these IOUs and citizens should stop spending if they donot have money and learn to save.
    Nov 28 09:39 am |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    We are going down:
    When we wanted to dance we elected Reagan
    When we wanted to have fun we elected Clinton
    When we wanted to fight we elected Bush II
    When we wanted to clean we elected Obama.
    In between we ignored Ross Perot, Ron Paul etc.
    Donot blame Obama if he doesnot meet your expectations. Blame the voters of the last thirty years for giving us bad leaders in congress, senate and white house
    Nov 06 09:00 am |Rating: +1 -2 |Link to Comment
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