cristian

Unemployment: It's Even Worse than You Think

Vicious cycle - It is amusing to watch the economic "Einsteins" and the establishment elite persisting in their delusional thinking that a recovery is possible or likely considering high unemployment;

Where is going to come from, their harebrained ideas of, and misapplied globalisation ? No jobs and or low paid jobs, no purchasing power, high consumer and national dept, escalating & insolvent government programs... there is worse to come, much worse.

Elliot Wave: The Dollar Is Set for a Major Rally

They don't know ;-) And the really scary thing, is that I don't think they care.


On Nov 08 09:13 AM fwi wrote:

> As the Federal Government gets deeper and deeper in debt (even before
> the "estimates" for the healthcare plan prove to be way low), will
> its ability to manage the dollar, interest rates, inflation, etc.
> continue to weaken to the point of total ineffectual policy? I was
> just wondering.

Insider Trading on UUP Options?

Nah... that is the beauty of working with somebody else's money ;-) Why do morons do the things they do ? The possibilities are infinite !


On Nov 06 07:42 AM Mark Anthony wrote:

> Karl:
>
> So exactly what "insider" information they traded on? Do these guys
> have some "insider" knowledge about the US dollar that the rest of
> us do not know?
>
> If it was a company stock, some one may have known some insider knowledge
> of the company that is not publicly known.
>
> But this UUP is merely a US dollar bullish ETF fund. There can not
> be any insider information you can leverage. You bet a US dollar
> bull you buy it, you bet a US dollar bear you sell it.
>
> The only plausible "insider" information I could even think of, and
> as you suggested, is that some one know they will need regulatory
> filing to issue new shares. But isn't it public knowledge that they
> are approaching the allowed number of shares as per the prospectus,
> and hence they will have to register more shares? Any one who cares
> to do a little bit due diligence would have known it before hand.
> There is nothing secret here.
>
> It does seem a bit weird that UUP and UDN was not trading against
> each other yesterday, as they usuaully SHOULD.

Thursday Outlook: Commodities, Global Markets

Liquidity bubble my foot, or rather liquidity bubble for whom ?! The consumer does not seem to suffer the vertigo of any such bubble. Consumer spending is seemingly gripped by a liquidity squeeze. And here lyes the problem that could perpetuate indefinitely the misery of this economy.
Just a reminder, the bulk of the active economy is still consumer driven.

Why Is Oil Creeping Back Up?

The sad truth is that capital can't see past its nose, with notable exceptions. The rest of the heard will follow the squeals of the neo-Malthusian environmental left, that seem anti technological by their pig headed nature. And then their is the accumulation of institutional inertia by big government, that will act as a break to progress and enterprise.
The short answer is, will get to it (maybe) when we have no choice !

On May 31 08:26 PM Anandakos wrote:

> But the truth is that the only way for human beings to maintain a
> technological society is complete conversion to gravitational (tidal)
> and solar (direct, wind and perhaps space-based direct if one can
> avoid cooking all life under the transmission receivers) energy.
> It's the ONLY way; there is no other option.

Our Deflationary Mindset Is the Most Concerning

Concerning for whom? The malfeasants that provoked this crisis? My advice to them is, live within tour means, like everybody else. Eventually even our corrupt government (both sides of the isle), will have no choice but read you the riot act.

Meanwhile they are trying everything else, but deflation.... read, let the little man suffer, while the establishment is dipping its dirty paws in the taxpayer’s pockets. It is not workable indefinitely when "capital" is getting too good a deal, for too long. Now it is crunch time. Nothing wrong with making money, but this is what happens when one tries to suck the life out of the supporting structures.

The Obama Stimulus Plan: Why I'm Concerned

The "stimulus" plan is quite lame. Even their flagship ideas, hawking "green" technology, is little more than making fossil fuel technology more expensive. Hardly a stimulus of the economy.

If the Bush crowd was dominated by crooks, idiots at that, O'Bama's crowd seems even more dangerous. Ideologically motivated, clueless sapsuckers. It would be a stroke of luck, if they will not drive us over the deep end.

Obama 'Shines' Natural Gas

O'Bama's cabinet & in crowd, seems just another bunch o idiots, potentially more damaging than the Bush trash, that stuck its filthy paws too deep in the cookie jar.

What is disturbing about these bozos, is that they are both clueless and ideologically motivated. At least Bush's miscreants were only thieves.

Consequently, I see a very long agony for the economy. I don't think the economy will croak outright, the little guy will pay dearly to prevent a collapse. But it is not going to be pretty.

Have We Turned All Economic Authority Over to Highly-Principled Accountants?

You are missing the point. The interest of the investor is not served by empowering some idiots in the corner office to obfuscate their mistakes, to the detriment of those that invested in their firms.

They should live with transparent accounting rules, or perish. The market should not be a black box, or should I say a black hole !

2009 Economic Forecasts Ignore Demographic Shift

You hit the nail on the head, unlike the the empty rantings of the article.
What is left is adjustment, to the living standards of third world country.


On Dec 29 07:05 AM Strangewalk wrote:

> Genuine wealth creation and sustainable recovery via American manufacturing
> cannot return since the same factors (unions, environmental extremists,
> worker's comp shake-down lawyers, etc) that forced its move to China
> would just drive it back there again. The only kind of recovery that's
> plausible is a new round of credit expansion resulting from Chinese
> funding of US consumption. This model hopefully won't return again,
> so what's left?

Preview from Europe: Rejected Auto Bailout Tanks Markets

As far as some in Congress asking the unions to cut wages in line with Japanese car makers, it occurs to me that the request for help was not put to the Japanese legislature, but to the US Congress.

Beyond that, it seems that both parties are used to getting to good a deal. And it looks like times are going to teach them a stern lesson. And I don't mean only the unions, but the fat parasites that lied their way to Congress, and their manipulators as well.

Geithner!

Yesterday was "crunch" day, expiration day for Nov. options, wasn' it ?


On Nov 22 08:13 AM nukldrager wrote:

> Hey cristian, how as in where did you look to see that the market
> was in a short squeeze?

Geithner!

On Nov 21 10:55 PM hoover wrote:

> Geithner is believed to be nominated for Treasury Secretary and the
> DOW gains 450 points or so. That in itself shows there is something
> radically wrong with the market and the entire financial system.
> A worldwide house of cards, Ponzi scheme, chain letter, or mountain
> of leverage on top of leverage, isn't going to be changed soon when
> it starts coming unglued and has built up momentum for a couple of
> years. If Obama and his financial team even slow the downward direction
> of this monster in four years they will have achieved unbelievable
> success. But, they will be criticized as if they failed miserably.

The market was looking for anything.... to get out of a short squeeze.
It is a subjective thought, but twice now the market has bounced back from about the same lows, maybe that is the bottom.

As far as Geithner, he may be a good man, I don't know of him, but this economic predicament is much bigger than any one man.
It remains to be seen how the Obama administration will be able to deal with the fundamentals.

What has been done so far is windows dressing, if it remains at this stage, the market will chew it up and spit it out, along with the hacks that attempted to perpetrate the so called bailout, or whatever you want to call it.

Can a Global Economy Be Managed One Nation at a Time?

Don't be too hard on the fellow, imagine what Al Gore would write on the subject !


On Nov 17 08:15 AM Mafeking wrote:

> What a dumb article. So this is the level of naive thinking that
> a Wharton MBA gets you! We have a problem so let's regulate. Come
> on Fred, there is a living breathing example of the incompetence
> of 'global' organizations just down the road from you called the
> UN.
>
> Following on from the Libyan representative being the head of the
> Human Rights Commission at the UN perhaps the finance minister from
> Zimbabwe can be in charge of the global financial situation.

Can a Global Economy Be Managed One Nation at a Time?

You folks actually scare me. So, lets go back to the same old fiasco, only lets make it a more regulated fiasco. Because poorly thought up globalization is what got into this mess. And you want more of it ? And to be sure we nail the coffin good, lets throw in some global regulation.

Unless you are an ostrich living with your head in the sand, or a theoretician in some ivory tower, it is pretty clear by now that an inequitable, mismanaged globalization is the culprit that bestowed the the 2008 crash upon us. How do you figure that a service economy can provide the kind of consumption that the US economy relies upon ?
The crisis at hand, is the consequence of the decades long deterioration of the US consumer's purchasing power.