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DL1947

DL1947
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  • What if World Governments Had Washed Their Hands of the Financial Crisis? [View article]
    The author compares the Great Depression 30% unemployment with today's 10% ; I thought the calculation method had been tampered with over the years , is it rather not 30% against 20% in real comparable terms ?
    Nov 5 06:26 AM | 4 Likes Like |Link to Comment
  • Hands Off Goldman Bonuses [View article]
    There is only one way to keep the bonuses in the financial sector down to being reasonable ; and it is to tax them , but I would not want to live in a country that taxes the employees of one sector of the economy differently than those of other sectors . So if you decide to tax earnings over 500 000 at 60% and those over 1 000 000 at 70% you will not only catch the bankers but also the movie stars and the ballplayers which is fine ; and if I am not mistaken all levels of government need to get a little more revenue these days .
    This is much better than government starting to tell who can pay what to whom .
    Oct 21 04:59 AM | 9 Likes Like |Link to Comment
  • Monday FX View: Quiet Trading Doesn’t Help the Dollar [View article]
    Canada is not raising rates any time soon ; at 93 cents the Bank of Canada and the Government were already worried that a high loonie would seriously damage the canadian economy as most of Canada's exports are to the US . Raising rates would send the C$ to parity .
    Canada wants none of that , it wishes for a strong US $ , and unlike US politicians and central bankers , it means it .
    Oct 12 11:40 AM | Likes Like |Link to Comment
  • Monday FX View: Quiet Trading Doesn’t Help the Dollar [View article]
    Canada is not raising rates any time soon ; at 93 cents the Bank of Canada and the Government were already worried that a high loonie would seriously damage the canadian economy as most of Canada's exports are to the US . Raising rates would send the C$ to parity .
    Canada wants none of that , it wishes for a strong US $ , and unlike US politicians and central bankers , it means it .
    Oct 12 11:39 AM | Likes Like |Link to Comment
  • Why There Will Be No Recovery and Markets Will Trend Lower [View article]
    Wish you were wrong ...but I'm afraid you're right .
    Sep 29 06:35 AM | 14 Likes Like |Link to Comment
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110 Comments
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