jlifer

United Socialist States of America? Not Quite

Ever been to a third world country? Want to live there without your money?
Oh BTW, I lost more investing in Foreign investments than US funds.
We've got it SOO good here! And 98% of the population is too ignorant to realize our worst problems are miniscule compared to 75% of the world's population where they worry about eating not what to wear each day or what new car to buy.


On Jan 01 08:49 AM kotika98 wrote:

> hmm.... all true, but what is the relevance to current events?<br/>
>
> How about this - last year, around October, i became certain that
> people all around me in China and Russia would lose 70-80% of their
> money in the stock market - and i turned out to be right. But US
> markets lost 40%, and with a bit of bad luck i myself lost 60%. So
> how am i smarter than them, or how is the US a better place to invest?
> At least, in a good year you can expect the chinese or russian market
> to double, something you are not gonna get in the US.
>
> And so i am really wondering. And besides the best place to live
> (US?) may not be the best place to invest (BRIC?).

$25 Oil Could Happen Before a Return to $100

Oil should be in the $30-40 range. Not 25 and not 150. Plenty of oil for all of our lifetimes. Yes, over time it will go up, but it should be a slow and gradual trend, not one month at $50 and next at $100. This helped sow the seeds of the current work economic troubles. China will see it's manufacturing use drop as we buy less JUNK, i.e. throwaway toys, and other relatively useless items. This is a good thing! And it has slowed the manufacture of autos to a more managable level.. Hey, do you REALLY need a new car every 3 years? Should be every 5-8 years when they start really having problems. A slowdown in the economy is not a bad thing as it gets individual's attention and priorities in the right place. And away from keeping up with the Jones mentality goes out the door if your BOTH unemployeed!