dybydx

China vs. U.S Protectionism: Chickens May End Up Coming Home to Roost

but isnt the agriculture industry one of the most heavily subsidized sectors in the US? (and not the US alone, Europe does the same thing)

its generally agreed that dollar for dollar its almost always cheaper to grow food in 3rd world country. but gov't subsidies really screw the prices over.

U.S. Economic Growth Rate Now Likely Near 3.7% Annually

agreed, i dont think this 3.7% growth is as hard felt as the 3.7% shrinkage.

even if GDP is back to the level in 07, the wealth and job lost will not be replaced any time soon. even worse, if u had a ninja loan taken out in 07, ur still a ninja today and likely remain so for many years in the future.

Thoughts on the U.S. Savings Rate

i think a more clear cut measurement is total household asset less household liabilites.

value of corporations would have been taken into account by household asset anyways.

i do see the leakhole of publicly (ie gov't or NFP's) held assets not being taken into account and could be substantial in perceiving overall american wealth.

China Intensifies Efforts to Ditch the Dollar

well the "necessarily good" has two parts. as long as obama doesnt do stupid things like calling the other guy an "evil dictator" or "axis of [something]", theres no reason to believe the PRC would go 12,000KM out of their way to cause troubles for America.

Why American Car Manufacturers Fail

i blame the past failures of GM and Chrysler on poor mgmt and greedy unions.

i blame the next failure of GM and Chrysler on the American voters - for voting those pork barrel politicians and thus endorsing bailouts and too-big-to-fail firms.

Russia: No Money, No Problem?

o common, guys, the russians have ...
1. defeated napolean at moscow
2. survived the german offensive in WWI
3. crushed the sixth army at stalingrad
4. put man in space
5. "lost" the cold war

... and you call this economic recession a "problem"? as president dubya would say, "you misundersestimate" them!

What Happens in China Doesn't Stay in China

1. even with this so called "force" lending, banks in PRC is still better capitalized than Citi. reserve ratio in PRC is at 15.5% (USA 10%). this means US banks prolly alreadt lent out 50% more than their PRC counterparts. sure PRC have been on a lending spree in 2009, but hell, they CAN afford it.

2. everyone knows the PRC has been THE buyer of commodities in 09. either they are really good at poker or they are building your next car with it.

3. if the "pathetic" 6% growth that some pessimists are calling can class the PRC as "dead dragon", i really like to see what is your definition of an ecnomic "recovery"

4. quality of growth in PRC has been on the value added side. 10 yrs ago it was mostly toys and pens. now its laptops and plasma tvs. PRC now builds more cars and ships than USA

Stocks' Stealth Bull Market Crushes Bear Hopes (Again)

i prefer taking a random walk down wall street than reliance on support/resistance.

Debunking Krugman's Debt-GDP Defense

for all practical purposes, Debt to GDP ratio is too high when the gov cant make payment on the debt or be forced to print money.

while that may happen just yet, the concerns of this day arriving is increasing at an alarming rate.

China: Exactly Where Japan Was in the 1980s?

Tom B,

A few minor corrections...

1. China as % population, do not have as many PhD's as Japan. But still outstrip them in numbers of PhD's.

2. China, unlike the USA, has not been "exporting democracy", nor was it a member of the Axis.

3. Japan has been ruled by the same party (LDP) since end of WWII (except a 5yr period in late 80's to early 90's). Its somewhat of a rubberstamp democracy. Many of the Prime Ministers are descendants of war criminals. The current PM came from a family that ran forced labour camps.

4. Most of what China produced today was produced by Japan a few decades ago. Remember Sony "Walkman" from the 80's? And guess who made your MP3 player today? And my "Japanese" Toshiba is "Made in China".

There are similarities between the Chinese and Japanese econ, but Japan's economic acceleration reached a wall because everything that can be developed has been. For most of 90's Japan literally built bridges-to-no-where when their gov spent billions on road construction. Where as the PRC has ALOT more room to build.

U.S. Economy: Now Comes the Hard Part

finally, the US is embracing Communism!

welcome to the world of state runned enterprises, centrally planned economy and state backing of all corporate and personal loans.

Japan Joins France, Germany in Growth Club; China Holds the Key to Membership

i recall someone made the joke that..

Near the end of WWII, "Only Communism can save China"
After death of Mao, "Only Capitalism can save China"
After collapse of USSR, "Only China can save Communism"
After collapse of the Sub-Prime Market, "Only China can save Capitalism"

The U.S. Government Ain't Broken Yet, But Just Wait

i think its a very bad idea for the american public and congress to shoot down health care reforms.

healthcare in US already cost an arm n a leg. while the obama plan may not be AAA grade, the stubborn and childish response from congress showed how complacent it is to push through any changes.

this sends a chilling message to many bright minds in america who believe in building an effcient gov't. anyone with talent will not be willing to work in public service. america will be increasingly dependant on BuyNLarge to provide life support.

China Buying Mortgage-Backed Securities via PPIP? So What

good pt, PPIP has been out for a while now. i am sure Goldman Sachs or Deutsche Bank got their hands dipped in gold cause of this too.

o well, the president asked for it and the congress approved it. u got wat u asked for. cant complain there

2009 Budget Deficit: $1.58 Trillion

haha, less bad is the new good.

hearing that the budget deficit is ONLY $1.6T became a cause for celebration.