tdiaz

Airlines: Some Costs They Can't - And Shouldn't - Cut

auto pilots are going to become the "right stuff" because only insane people are willing to do such a demanding job for so little; $25 grand for FO! USAF is moving to more UAVs so they have less $1million training bills ( 174th FW). disclosure: fly for fun, stay away from professional aviation.

Currently fashionable erroneous economic assumptions, Part IV: China

great article, i have heard that communism is only a label the west put on china. china's policies are based on being the most efficient: artificially low currency. keep unemployment down, etc. With labor laws in the US and none in china, and a low wage, do you still think china is a bad investment? I am a goldbug, but have been eyeing Macquarie and Rogers™ China Agriculture Index. what do you think of commodities in china?

Fed's Balance Sheet: Week of August 19, 2009

mr. durden,
where is your 9/27 article on gold manipulation?

Citi Unloads Phibro

more layoffs in their commercial real sector soon.

Why Dollar Devaluation Won't Save Us

will bombing iran save us?

Why This Rally Will Continue

when the Fed raises rates by even one point, then people might believe the bull.

National Health Insurance, 'Cap and Trade': Two Steps in the Wrong Direction

Amen

The Great Bond Affair.

japan dumping US debt, no one could fake that much, but it will be deemed fake, and we will hear nothing more...buy gold, commodities...

Natural Gas: The Next Big Thing

Blue gold is the future. Washington and Beijing know it. TAPI pipedream vs IPI, it will be interesting.

G-20 Summit: A New World Order?

global currency!!! check out this link!
www.globalresearch.ca/...

G20 Must Address the 'White Blue Eyed Bankers' Issue

look at this conspiracy theory!
www.globalresearch.ca/...

U.S. Economy: Spending and Phantom Financing Will Only Lead to Ruin

agree! but i do think the debasement of the dollar is deliberate. export/ internationalize the debt. make us pay the tab. goldbugs will prosper!

The Great Awakening: Boomers, Your Crisis Has Arrived (Part 3 of 3)

regardless of boomers, war has always been a response to economic crisis's. obama has decided to escalate the troop level in Afghanistan. i agree the middle east is a power keg. to be practical...What do you (anyone) think of defense stocks? GE, boeing, raytheon, etc.?

Wary Americans Slowed Spending Long Before Economic Crisis

The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer/Software it will go to India. If we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala. If we purchase a good car it will go to Germany. If we purchase useless crap it will go to Taiwan and none of it will help the American economy. The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part .

Coming Soon: The $600 Trillion Derivatives Emergency Meeting

edgar filings shows JPM at 86 trillion and citi at 37 trillion as of last quarter. these are only two of many. read footnotes of Q and it is broken out by industry sector.


On Oct 23 03:35 PM novice12 wrote:

> Two questions: (1) Can someone make it absolutely plain why this
> matters? I see the figures and acknowledge their size. However,
> I have yet to see someone explain play by play for us newbie’s why
> notional size matter in the case of derivatives. (2) How is it that
> the notional amount can be so large? Is their overlap in what these
> derivatives cover? Maybe these are basic questions but I am sure
> some of you have had to answer this for yourselves at some point.
> If the explanation is long please direct me to some literature on
> the topic. Thx.