Teutonic Knight

The Market Bubble Is About to Pop

Well, just common sense, isn't it like many of us in SA had been harping and harping in the past 10 months. The things necessary to drive a sustained stock market rally are jobs and credit. These two had been the main driving forces of the American consumer economy. It doesn't look too good on these two fronts for the foreseeable future. Debt loads at the personal, corporate, and government levels make things worse.

China Stockpiles TIPS, Anticipates Commodities Bubble

Remember the Japanese Admiral Isoruko Yamanoto who lead the Pearl Harbor attack? He studied in the USA too.

China Stockpiles TIPS, Anticipates Commodities Bubble

Jimbo - - -

Thanks for this advice. I will stay vigilant and be alert. I have become "smarter" now - - - my motto now is "Get the Hell Out" whenever it smells fishy, but not be too trigger happy though.

On some of the remarks of the commentators after yours and mine, on the smartness of the Chinese, sure, they are smart, because they have been sending hundreds of thousands of undergraduate and graduate students to study in America in the past two to three decades. They could read us in English, we (as a whole) could not read them in Chinese. So it is like that we are in open daylight that they could see us; whereas, they are in darkness and we could not see them.

Final question: Who help create this Monster? Anyone?

Answer: in reverse order, it is "MAS ELCNU"!

TK

On Aug 08 12:09 PM Jimbo wrote:

> Teutonic Knight: I really don't recommend TIPS. I closed my account
> in them last year. I simply don't trust the "official" figures on
> inflation and other matters. I am on fixed income and I can see significant
> inflation everywhere already. James Lewis: I fear we are in a much
> more precarious situation relative to China. It is true that China
> has internal problems: large numbers of people below the middles
> class living standard, serious pollution, water shortages and water
> quality. But they have certain very strategic minerals we do not
> have. The U.S. has to import almost 100% of certain rare earths that
> are needed in modern technology. The Chinese are a very formidable
> rival or adversary.

China Stockpiles TIPS, Anticipates Commodities Bubble

Dirtnap -

With respect to presidential leaders, my mind would lead me to a guy like Ches (Nimetz). Compared to today's and yesterday's, upon his retirement he would even decline taking a private industry job offer that would pay 3 times his previous salary. He rejected book writing offers because he said he would not want to profit on the war dead.

Such was the morale fiber of this guy, compared with those who (like BHO and King Jorge II's wife) rushed out to sign book deals even before the inauguration and his husband's retirement, respectively. The retired admirals and generals of today jockey to fill high-profile defense jobs and corporate directorships. (Of late, two were let go from a large banks' board).

Ches was a strategic and tactical type of a guy, with strong morals, knew how to use intelligence, had technical knowledge (ranked 17th USMA, tops in maths), and a strong administrator (unlike today's paper MBA). He is my guy.

TK

On Aug 07 01:57 PM Dirtnap wrote:

> amgine, nothing you said in this paragraph is inaccurate, but it
> doesn't paint the whole picture. Bush was a terrible president in
> many regards, and economically one of the worst, no doubt. But let's
> not give him all the (bad) credit for this. Every president for
> the past 40 years (and arguably 100) has been contributing to this
> style of fiat, deficit-based, military-industrial super-state. The
> lines between government and corporation are too blurry, as is the
> line between Republican and Democrat. When it comes down to it,
> there is one ruling class, and they basically f*cked it all up.<br/>

China Stockpiles TIPS, Anticipates Commodities Bubble

Quite a few top-rated commenters had given their opinions above. I would concur and as a matter of fact, I just moved a boatload of my cash (by my own standard though) into TIP yesterday.

But, let me ask this question: Why is TIP still dropping today (Friday August 7)? Any one, please?