Thinker771's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/269644/comments http://seekingalpha.com/article/108886-what-happened-to-demand?source=feed#comment-319646 319646 Governments wants to get back to credit-based economies.
It may happen, but at the cost of a trillonary bill on bailouts, that will be paid by a huge devaluation of the dollar and other currencies.]]> Wed, 03 Dec 2008 08:35:54 -0500 Governments wants to get back to credit-based economies.
It may happen, but at the cost of a trillonary bill on bailouts, that will be paid by a huge devaluation of the dollar and other currencies.]]> http://seekingalpha.com/article/104460-don-t-follow-the-wall-street-crowd-prepare-for-market-rollover?source=feed#comment-299605 299605
All their training, analysis and techniques (P/E ratios, buy and hold, buy on high VIX, invest for the long term, etc) are based in a life of "wisdom" based on a systemic bull market. They cannot change easily their mindset to live a different paradigm.

The bear is here to stay for many years, maybe a decade.

Throw away all your previous training and wisdom and re-learn your lessons, based on the assumption that this time things will not be fixed "magically" by the FED or the Gov. Short with no remorse until the country fundamentals are back on track again.]]> Thu, 06 Nov 2008 14:38:08 -0500
All their training, analysis and techniques (P/E ratios, buy and hold, buy on high VIX, invest for the long term, etc) are based in a life of "wisdom" based on a systemic bull market. They cannot change easily their mindset to live a different paradigm.

The bear is here to stay for many years, maybe a decade.

Throw away all your previous training and wisdom and re-learn your lessons, based on the assumption that this time things will not be fixed "magically" by the FED or the Gov. Short with no remorse until the country fundamentals are back on track again.]]> http://seekingalpha.com/article/104125-global-markets-meet-president-obama-now-what?source=feed#comment-298612 298612 1) Close Guantanamo -- Very bad PR for USA
2) Orderly withdraw Iraq -- American army not wanted there
3) Replace FED Chairman -- Very urgent, limit the damage NOW
4) Assemble an Economic Team, headed by Paul Vockler / Ron Paul / Ken Denninger / other thinking heads
5) Work on regulations for Finance -- URGENT
6) Cancel WS 700 bn bailout -- Before they throw away more money.

Good luck, Obama.]]> Wed, 05 Nov 2008 10:05:08 -0500 1) Close Guantanamo -- Very bad PR for USA
2) Orderly withdraw Iraq -- American army not wanted there
3) Replace FED Chairman -- Very urgent, limit the damage NOW
4) Assemble an Economic Team, headed by Paul Vockler / Ron Paul / Ken Denninger / other thinking heads
5) Work on regulations for Finance -- URGENT
6) Cancel WS 700 bn bailout -- Before they throw away more money.

Good luck, Obama.]]> http://seekingalpha.com/article/97306-the-700-billion-disconnect-lost-in-translation?source=feed#comment-264730 264730
Problem is that you are replacing free market (which have spoken and said that derivatives worth nothing), by a directed economy.

Who will decide what to buy and what not? Hank? Someone appointed by him?

Who will decide the fair value that the Gov will pay for this derivatives?

Who will decide which financial institution fails and which survives?

It is not surprising that Hank has asked for legal immunity. He wants to act quickly and fast. Maybe he will make mistakes, and he don't want to be sued by the losers.

But this will not be the free market. It will be someone in the Gov making decisions instead. Soviets tried that and didn't work.

I like more the plan to build a specialized market for this derivates, with strong regulation that forces to disclose exactly the inners of each paper, in specific and short periods of time. Transparency. Disclose. Then the market participants will decide which to buy and which don't. As a result, some irresponsible banks will fail some others will make a profit. That is free market. That is capitalism.]]> Thu, 25 Sep 2008 10:21:09 -0400
Problem is that you are replacing free market (which have spoken and said that derivatives worth nothing), by a directed economy.

Who will decide what to buy and what not? Hank? Someone appointed by him?

Who will decide the fair value that the Gov will pay for this derivatives?

Who will decide which financial institution fails and which survives?

It is not surprising that Hank has asked for legal immunity. He wants to act quickly and fast. Maybe he will make mistakes, and he don't want to be sued by the losers.

But this will not be the free market. It will be someone in the Gov making decisions instead. Soviets tried that and didn't work.

I like more the plan to build a specialized market for this derivates, with strong regulation that forces to disclose exactly the inners of each paper, in specific and short periods of time. Transparency. Disclose. Then the market participants will decide which to buy and which don't. As a result, some irresponsible banks will fail some others will make a profit. That is free market. That is capitalism.]]>