Jobless Recoveries Are a Recent Phenomenon [View article]
Think how much higher the unemployment level might be if the baby boomers weren't retiring, as many are doing...or if there was a new surge of young americans coming into the workforce like in the 70th's and 80th's.
After reading Bruce's original article and the numerous following comments, it appears there's no consensus on whether its just a passing fad or a bubble about to burst. However, no video game in the past until Wii came along has managed to capture the interest of all ages and cross the threshold of all generations like Nintendo has done (eg. Grandpa vs Grandson) Hopefully Nintendo can recapture the senior and middle age market by supplying a larger and better selection of software in the near future.
On Trillion Dollar Deficits and Zero Interest Rates [View article]
The falling american dollar will probably increase inflation through imports from abroad (outside of china that is as it's still pegged against the american dollar), but it may eventually create employment in USA by making our exports a lot cheaper worldwide. After all isn't that part of the great plan for The New World Order, buy reducing our wages and standard of living, while increasing the third world's.
Internet Censorship and Oil Demand in China [View article]
China is playing US for a bunch of suckers...They steal our jobs from under our noses...they flood our market with cheap products...they peg their currency to the once almighty dollar to avoid fair trade...they buy up as many resource companies in the west as they can possibly afford...and they blackmail us with our own debt. Yet they still maintain their communist stranglehold over their own people.
Geithner, Greenspan and Darth Vader [View article]
So the way I understand it...Is that Greenspan encouraged the people to borrow the money on credit... with nothing down and no collateral... and without any obligation to pay it back...What kind of a system is that?
We probably could handle a $70-$80 per barrel increase in oil.....but anything above that threshold will no doubt hurt the economic recovery and pro-long the recession.
Is George Soros a Contrary Indicator? [View article]
More economists, analysts and financial Gurus like Soros are beginning to predict a positive trend and the substainability for the current markets, which is a change from just a few months back when they were all calling for a short bear market rally and then another leg down to test the new lows...If this is true, many investors missed out on the bull market rally while sitting on the sidelines, waiting for signal that came to late.
As consumerism makes up 70% of the American economy, I would have to say we're off to a fair start...and the Obama plan should start to kick in by mid-summer. However, this is not just an American problem but a global economic pandemic and its going to probably get worse before it gets better. I agree... we have a long road to travel.
Will China's Economic Model Prevail? [View article]
China probably has ever intention of offering the world a Communist Capitalist system as an alternative to the Western Democratic Capitalist system. Already in Japan (a long time arch-enemy of china) many japanese people are looking east as an better method of capitalism as their middle class suffers and their economy continues to stumble.
Because of Japan's low birth rate and strict immigration policies, they no longer have a domestic market that they can rely on. They become more and more dependent on foreign trade to keep them afloat. When the rest of Asia catches up to them competition will be fierce.
More Economic Markers Pointing to Recovery [View article]
I wouldn't count all your chickens before they hatch...market indicators are good signals during normal market fluctuations. However these days are anything but normal. I think the unemployment figures will give a much better picture of reality.
Where as our parents generation needed only one income to pay for their mortgage, (moms stayed home to raise the kids, while dads went off to work) our baby boomer generation needed two incomes to be able to afford it. As we now approach retirement we find the equity in our homes diminishing as the house prices continue falling, the equity in our retirement savings investments being decimated as the markets collasped, and our good paying jobs evaporating as they are sent overseas for cheap labour. How are we better off today?
Investor Psychology: Where We Are on the Rollercoaster [View article]
A good psychological graph with a sense of humor on how investors react to the good and bad news in the markets of our time. This mini- bull market is beginning to look a lot like the calm before the perfect storm relevant to the second wave before the final crash in the 30's.
Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans [View article]
Could it be that Goldman Sachs is hoping to get the Fed's and the taxpayers off their back by paying off their tarp loan, so they can venture out and buy up cheap assets of other failing banks in order to become an even larger and much more influential bank .
Once the economy starts to recovery, hopefully oil will stabilize between $50 & $75 a barrel...any more than that could slow down the recovery, because of the extra financial burden it would put on the american people; like it did last summer. Gold on the other hand should be relative to the strength of the American dollar...If people feel confident enough in the American Dollar in Bad Times why would they hedge against it in Good times? Does America's huge debt always give way to inflation down the road?
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Latest | Highest ratedJobless Recoveries Are a Recent Phenomenon [View article]
Nintendo: The Wii Bubble Has Burst [View article]
On Trillion Dollar Deficits and Zero Interest Rates [View article]
Internet Censorship and Oil Demand in China [View article]
Geithner, Greenspan and Darth Vader [View article]
Is Oil Going to $80 a Barrel? [View article]
Is George Soros a Contrary Indicator? [View article]
Seeds of an Economic Recovery? [View article]
Will China's Economic Model Prevail? [View article]
The Growth of Japan's Working Poor [View article]
More Economic Markers Pointing to Recovery [View article]
On the Burden of Home Ownership [View article]
As we now approach retirement we find the equity in our homes diminishing as the house prices continue falling, the equity in our retirement savings investments being decimated as the markets collasped, and our good paying jobs evaporating as they are sent overseas for cheap labour. How are we better off today?
Investor Psychology: Where We Are on the Rollercoaster [View article]
Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans [View article]
Is Gold a Better Hedge than Oil? [View article]
Gold on the other hand should be relative to the strength of the American dollar...If people feel confident enough in the American Dollar in Bad Times why would they hedge against it in Good times? Does America's huge debt always give way to inflation down the road?