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richardcollins

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  • 'The U.S. Is Broke' [View article]
    "foreigners hold roughly $5B of the $17B outstanding debt.."

    Did the author possibly mean "trillion"
    Mar 19, 2015. 05:53 PM | Likes Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    "foreigners hold roughly $5B of the $17B outstanding debt.."

    Did the author possibly mean $5T to $17T?
    Mar 19, 2015. 05:52 PM | Likes Like |Link to Comment
  • Greece, Democracy And The Euro Constraints [View article]
    One is appalled by both the level of English grammar and the vagueness of the arguments in this "exchange" of actionable ideas!
    Mar 10, 2015. 08:01 AM | 1 Like Like |Link to Comment
  • The Senior Sell-Off Hits A Speed Bump: It Is Too Expensive To Sell [View article]
    What has this article to do with VNQI?

    VNQI is the cheapest international REIT, despite having the most holdings by far.
    Mar 2, 2015. 06:50 PM | Likes Like |Link to Comment
  • The New York Times Fails Biology 101 [View article]
    "The electric grid to transmit this energy from where it is most efficiently gathered to where it is used, is mostly in place."

    Is it really? I read that South America is a wonderful place to generate solar energy, but that the necessary electric grid to transport it to users is sadly lacking, and frightfully expensive to provide?

    Am I misinformed that this grid cost is what is holding back increased utilization of solar energy, which may one day replace all sustainable energy sources? Kindly explain.
    Feb 21, 2015. 11:20 AM | Likes Like |Link to Comment
  • Why Tech Loves Solar Power [View article]
    The problem not mentioned is the provision of a power grid to convey/conduct the solar-generated energy. For example, Latin America is ideal for the development of solar power, but the necessary power grids are lacking and would cost a lot to build, yet they must eventually be built. Only when this aspect as been achieved will be able to exploit solar energy effectively, even as solar panels can be produced cheaply.
    Feb 17, 2015. 11:05 PM | Likes Like |Link to Comment
  • Tesla's New Leasing Program And Its Implications [View article]
    Jaguar also provides free loan cars (notably Toyotas in the N. Pittsburgh, PA area), so TESLA policy is not unique in this aspect.
    Dec 4, 2014. 05:10 PM | 2 Likes Like |Link to Comment
  • Rousseff Looks To Create More Problems For Brazil After The Runoff [View article]
    There is endemic corruption at the highest levels of the Brazilian government. One such example pertains to that of Petrobras, the national oil company, in which the CEO has been arrested for corruption. Government members are paid monthly kick-back allowances. Dilma is using some of the government-owned proceeds of these national companies to subsidize the abominable poverty of most of her population. It is well known that wealth inequality, as it exists also in the US, will inhibit national growth. Simply concentrating on the well being of shareholders, either in the US or in Brazil, is doomed to longterm retardation in the betterment of both societies. Nobel laureates, such as Dr. Stiglitz, have written books on this subject!

    Accordingly, it is a biased conclusion to assume that the economic problems of Brazil are either caused by Dilma or cannot be continually improved by her re-election.
    "A little learning is a dangerous thing;
    Drink deep, or taste not the Pierian spring:
    There shallow draughts intoxicate the brain,
    And drinking largely sobers us again.
    Oct 8, 2014. 05:47 PM | Likes Like |Link to Comment
  • Truett-Hurst: An Interesting Equity With A Large Catalyst [View article]
    It is not clear that Americans will be attracted to cans of wine mixed with fruit juice. Why should they? American wine-lovers are too sophisticated for such kitch, and lovers of fruit juice would not want to pollute it with wines.

    Energy drinks are one thing; but the above-described mish-mush is quite another!
    Sep 26, 2014. 05:39 PM | Likes Like |Link to Comment
  • Long-Term Outlook Bleak? A Reply To Jeremy Robson [View article]
    The author writes: "....but it is also worth remembering that the last time US debt as a percentage of GDP reached comparable levels was just after the Second World War. This coincided with a period of unprecedented growth, not the opposite.... ".

    Is it possible that after the war the American "homeland" was intact while the rest of the world was on its knees? Intact American could then produce from its unharmed factories all types of consumer products such as washing machines, refrigerators, etc. and sell them to the humbled world, thus greatly stimulating its GDP and growth, as exaggerated recompense for its late entry into WW2. Make sense?
    Sep 26, 2014. 03:34 PM | Likes Like |Link to Comment
  • The EU: The End Is Near? Existential Threats And Decisions Approach [View article]
    Germany claims that it will debt-free by 2015
    Sep 14, 2014. 04:36 PM | Likes Like |Link to Comment
  • The EU: The End Is Near? Existential Threats And Decisions Approach [View article]
    Understandably, the author makes no mention whatsoever of the long-term consequences of incurring sovereign debt which a given country can never repay, vs the short-term depression which may result from not incurring such enormous debts (mirroring those of now recognized defunct US and Japanese economic policies).

    During a depression, non performing entities are extinguished, so that those nations may then re-start their economies on a new and potentially healthier slate.

    Which of the above two alternatives is better?
    Aug 26, 2014. 09:35 AM | 1 Like Like |Link to Comment
  • Are We At The Beginning Of A Bear Market In Commodity Prices? [View article]
    Why have you ignored the significant decreases in purchasing power of the USD when, for example, comparing the gold prices of 1980 with those later on in 2011?

    Is the correct price comparison not of interest to you and your readers? In other words, what is the equivalent amount of 1980 dollars in 2011 dollars?
    Aug 26, 2014. 09:18 AM | Likes Like |Link to Comment
  • For Stocks, Economic Perception Is Reality [View article]
    The next few months may be critical, both nationally (Democrat vs Republican rivalry regarding budget and our colossal accumulated debt, cessation of unemployment benefits to 1.4 million Americans at year-end, dire homelessness, expected higher taxation and health care insurance premiums, etc.) on the one hand, and internationally (China-Japan disputes, Iran agreement, diminishing use of the USD by China and Russia, cancellation of Boeing's 4.5 Bio expected contract with Brazil which has recently opted for SAAB aircraft instead, loss of electronic sales to China due to NSA spying, bugging, etc., etc.) on the other hand.

    Furthermore, it is abundantly evident that printing money out of thin air does not increase the intrinsic values of what one purchases with it. The rest of the world is keenly aware of what is happening in the US, despite the relative naivety of our compatriots here. The large industries have not elected to invest with that lost-cost money which they can borrow at nearly zero percent. Do these directors know something that we are missing?
    Dec 21, 2013. 04:50 PM | Likes Like |Link to Comment
  • The Most Dangerous Idea [View article]
    The author of this article appears not to wish to acknowledge the obvious fact that this money created out of thin air must be paid back by the taxpayers of this superpower nation of the 21st century. At the moment, counting the unfunded liabilities of "our" government along with the 16 trillion dollars of national debt amounts to some $400,000 debt PER US FAMILY. Where does the esteemed author feel we are going with this "dangerous" idea??

    http://bit.ly/166vS5C

    Most Americans know that our nation is spending more than it is taking in (the deficit). Though many on the Left do not seem to understand (or care about) the consequences of out of control spending, most Americans do know that the nation has America has over $16.5 trillion in debt–or, nearly $53,000 of debt for every man, woman and child.

    While $16.5 trillion of debt is clearly unsustainable, what is even more alarming is what we are not talking about: The fact that, in addition to the $16.5 trillion of debt we currently have, every man, woman, and child in America also is on the hook for nearly $400,000 in unfunded liabilities–or, over $1 million for every household.
    Sep 15, 2013. 10:14 AM | 5 Likes Like |Link to Comment
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