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ltsgt1

ltsgt1
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  • Merkozy’s Frankenstein [View instapost]
    "Great Leap Forward" of the People's Republic of China is a perfect example of what clueless leaders with no economic sense but high conviction in ideology were capable of creating - unintended and costly disaster.
    Nov 12 06:28 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Giving their union dues to the democratic party is the small price to pay to be one of the protected special interest groups which take from the 53%.
    Nov 8 09:11 AM | 1 Like Like |Link to Comment
  • Where Will The Jobs Come From? [View article]
    The Democrats will kill any job that is not green.
    Nov 6 05:40 PM | 2 Likes Like |Link to Comment
  • Why It's Time To Short The U.S. Dollar [View article]
    Tea Party conservatives are supporting Herman Cain. A colored folk who happens to be a shade darker than that phony black Manchurian president of ours.
    Nov 5 05:05 PM | Likes Like |Link to Comment
  • Investors Must Look Beyond Greed, Fear And Loathing On Wall Street [View article]
    Forget Dow 13,000, if BB announced he would inject 2 trillions into IMF via QE III tommorow, I think we will easily see Dow at 23,000 by January and we will own PIIGS.
    Nov 1 10:49 AM | Likes Like |Link to Comment
  • Why Europe Looks To China Now [View article]
    The Chinese were stupid, they burn the opium rather than tax the East Indian Company out of existence. They should have bribed the British officials like what the lobbyists are doing to our politicians nowadays.

    Come to think of it, they learn the history well and that is why lobbyists from China, mid-east ......... are embedded in Washington. They are doing to us what the British had done to them.
    Oct 31 02:20 PM | Likes Like |Link to Comment
  • The Devil Is In The Double Entry [View article]
    Banks agreed this morning to take half of what they are owed by Greece as part of a deal brokered by European leaders to solve the continent's debt crisis and prevent it from igniting a new global financial meltdown.

    I have a weird feeling that we are close to the peak of a roller coaster ride.
    Oct 27 08:48 AM | 3 Likes Like |Link to Comment
  • Would 5% Inflation Solve The Euro Crisis? [View article]
    I guess things in Europe cannot be all that bad. The market is up.
    Oct 26 03:07 PM | Likes Like |Link to Comment
  • Will More Debt Solve The EU Debt Crisis? [View article]
    "Of course it will not solve the problem but it will delay it. Also, it will actually make the problem bigger."

    The problem is that they cannot even delay it by taking on more debt. Nobody is going to throw good money into the sinkhole of EFSF.
    Oct 24 06:52 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Solutions so far boil down to 'Print more money!"

    Printing more money is the only solution which would allow the EU to kick the can down the road for another year or two. However, ECB cannot print money without the supports of mainly Germany and other nations with strong balance sheets. So far BRICS are only giving lip service regarding the funding of EFSF. I doubt they would be willing to throw their hard earned money into the EU sinkhole.

    Without printing or BRICS funding, any solution they come up with on Wednesday can only kick the can down another week or two.
    Oct 24 01:37 PM | 1 Like Like |Link to Comment
  • Coming Week: EU Grand Solution Or Grand Illusion? [View article]
    I read Rick Ackeman's article too. I made around 4% in 3 days, tip toeing in and out of FAZ, until Thursday afternoon when I met my Waterloo. I gingerly increased my bet as the market went down and wind up losing 4% that I made plus another 4% at Friday closing.

    I still cannot believe the markets could be fooled so easily. I infer I have to start calculating and factoring in the gullibility of the masses for my future investments somehow. Ahhhh.... more sleepless nights.
    Oct 23 01:43 PM | Likes Like |Link to Comment
  • Coming Week: EU Grand Solution Or Grand Illusion? [View article]
    "In short, there’s a decent chance the coming week could bring a relief rally. Everyone wants it."

    That is what is killing me. The desire of the herd had already cost me a bundle on Friday. I am debating whether I should double down if a relief rally occurred next week. Hmmm, I think I would.

    How the markets cannot see that this summit is nothing but a Chinese fire drill is beyond me.
    Oct 23 01:14 PM | 1 Like Like |Link to Comment
  • Gold On The Verge Of A Major Collapse [View article]
    I got burn on Friday because I didn't expect the herd would perceive that the meeting in Europe as bullish. What are they thinking?
    Oct 23 11:02 AM | 1 Like Like |Link to Comment
  • So, Are Commodities Really In A Bubble? [View article]
    Commodity and equity will both depreciate in a depression. However, our incompetent government will ensure hyperinflation by knee jerk printing of massive amount of money or QE or OT or TARP or guarantee bonds to prevent the necessary deflation for the good of the people.
    Oct 21 06:48 PM | Likes Like |Link to Comment
  • Why Europe Is Doomed: The Euro Crucifix [View article]
    Here in the US, we have poor population demographics and high lifestyle expectations too. I think we are facing problems regarding (2). I have no idea why certain politicians would promote identity politics via emphasis on adherence to national languages and customs. English is my second language and I am an atheist, I am not a racist or religious freak, but I have no issue embracing Judeo Christian values and English as the official language. I feel strongly that diversity makes good sense only if a dominate culture and language is recognized, respected and unchallenged. If we continue down this road of identity politics and unearned high lifestyle expectations, we will sooner or later have to deal with the same problem which the EU is facing now.

    Oct 21 11:32 AM | Likes Like |Link to Comment
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