Seeking Alpha

Vienna

Vienna
Send Message
View as an RSS Feed
View Vienna's Comments BY TICKER:
Latest  |  Highest rated
  • Green Shoots Turning Red Hot [View article]
    I see this in the sector of mechanical engineering, so many companies bust that the remaining or now getting into capacity problems (how strange in fact), and for this reason the prices have started going upwards, but not due to large contracts.
    May 28 08:02 AM | 1 Like Like |Link to Comment
  • If the Crisis Is Over, We Wasted It [View article]
    There is also rumor of unfunded liabilitites approaching $99 trillion.

    ?? they where around 40 trillion some weeks ago, I don't think that this "unfunded liabilitites" topic has been investigated, seems to be an urban legand.

    On May 26 01:44 PM CautiousInvestor wrote:

    > Simon, as you well know they crisis is far from over; we simply keep
    > postponing resolution to avoid the difficult while hoping for a painless
    > solution to emerge.
    >
    > So-called progress, as measured by euphoric forecasts and careful
    > measurment of second derivatives, is purely a result of massive fiscal
    > spending, quantitative easing and a theatrical stress testing of
    > banks with a dash of creative accounting.
    >
    > The underlying crisis, including contraction of global trade, structural
    > employment losses, cratering home prices and yawning deficits at
    > every level of government, is still intact. There is also rumor of
    > unfunded liabilitites approaching $99 trillion.
    >
    > Rahm has plenty of time to exploit the crisis.
    May 26 03:45 PM | 1 Like Like |Link to Comment
  • U.S. Consumers Are Changing Habits and Lifestyles [View article]
    I think it will be good to reduce the spending spree, and hope that the greed attitude changes as well. Furthermore I do not think that anyone will blame the US for not consuming, they where blaming them for negligence and greed, what caused the breakdown.
    May 26 09:01 AM | 2 Likes Like |Link to Comment
  • Credit Rating Agencies: No Use Betting Against Uncle Sam [View article]
    From an European point of view, we always consider that the US is more dynamic and will recover faster.
    As from the capitalistic point of view, this will enable us to get over the crisis.
    Due to the ratings and possible further decline of the economy, I do think that the coming upward movement in time to come will be much slower, but giving the notion that the articles are more bearish than bullish, I would agree that this is not the end, only a change.
    I am glad to see that a portion of socialism has moved to the US. This is now giving over 5 mio people a possibility to survive, and will not cause major poverty.
    May 26 05:40 AM | 1 Like Like |Link to Comment
  • Canada's Financial System: How Is It Still Stable in This Crisis? [View article]
    We Europeans really like canadians. They have very much in common with us. During my trips to the US and Canada I oftne encountered the US joking about the laid back Canadians.

    Well, they are better !!!

    A little anekdote: Ordering a soft drink in Winter in US with "NOOOO ICEEE" is simply impossible, they will put ice in your glas.

    I got onto air Canada, was tired, did not want to ask for no ice, stewardess gives me my jiuce and asked me "with or without ice"

    And this easy tale followed me through Canada.
    May 26 04:10 AM | 1 Like Like |Link to Comment
  • This Chart Can Kill Any Bull [View article]
    Sorry , tried it once more, cropping the text

    "finance.yahoo.com/echa...;range=my;indicator=sm...
    May 20 11:59 AM | 3 Likes Like |Link to Comment
  • This Chart Can Kill Any Bull [View article]
    Try this chart - its over 400 days

    finance.yahoo.com/echa...=^DJI#chart3:symbol=^d...
    May 20 11:55 AM | 1 Like Like |Link to Comment
  • Fascinating article in this morning's WSJ discusses the pitfalls of the positive-feedback loop inherent in website popularity rankings. Point in case: a recent study proved people will stare into the sky when they see others staring, even when there's nothing there.  [View news story]
    I believe in the theory of "the greater fool", that together with the wiser than Cetin people here, give me the notion that inverstors will pull out at some time in the near future.
    So you generate a positive attitude, and then you sell. Sounds very simple, but many things in live I believe to be rather simple.
    May 20 10:31 AM | Likes Like |Link to Comment
  • Charlie Munger: 'We've Screwed Up' [View article]
    I can ensure this.
    During my time working in Investment banking and then as auditor in the US, I was constantly lectured about the world, and hearing the same quotes of a few people over and over. Any remark considering Irak or the church will sort of get you shot right away.

    We have just been waiting for this to happen.

    There are still some jerks in Europe that consider the US great, but you won't get most of us fooled.


    On May 20 07:41 AM SW Richmond wrote:

    > "I would argue that the economists have not been all that good at
    > working concepts of good and evil into their profession. Nor do they
    > understand, at all well, the economic consequences of bad accounting."
    >
    >
    > Munger tries to paper over the fact that the Austrians predicted
    > this event. Mises called it nothing less than a certainty, and the
    > Austrians among us have seen it coming and been warning about it.
    > NO ONE LISTENED.
    >
    > 'Economists' didn't get it wrong, just the ones the government listens
    > to and has in charge of the central bank. Why are these moronic
    > Neo-Keyenesians in charge? For one reason: they tell the government
    > what it wants to hear, that government has a right to control the
    > economy 'for the good of the people'. This lets them finance the
    > welfare/warfare state, or at least it did for a time. Now that the
    > welfare/warfare state is revealed as a failure, the finger must be
    > pointed elsewhere lest the people realize they are being pushed ever
    > deeper into forced debt servitude by the same people who got us here.
    >
    >
    > These rich and powerful jackholes who want to stay on top of the
    > pile should just shut their mouths and hide. Doesn't he realize
    > how out of touch he sounds with this ridiculous line:
    > "we're in for a bad time"
    >
    > Who the hell is 'we'? Come on down and tell my unemployed neighbors
    > that you feel their pain.
    May 20 08:57 AM | 5 Likes Like |Link to Comment
  • Cramer's Mad Money - Stop the Press, Stop the Pessimism (5/19/09) [View article]
    I don't know who he is, but if some big shot on TV is telling the rest of America what to do, the chances of it happening will be very high.
    See your favorite, twice ........ YES twice voted last president, you like to be told what to do, thats why you have what you have.
    May 20 08:32 AM | Likes Like |Link to Comment
  • Cramer's Mad Money - Abbott's Own Personal Bear Market (5/19/09) [View article]
    So you have one guy telling the US what to buy, now that is smart. I keep on seeing this guy all over.

    You just love your big shots.
    May 20 08:29 AM | Likes Like |Link to Comment
  • U.S. Stocks: Today vs. 1938 [View article]
    Agree, placed the same comment on the original article, compare apples to apples, and not something that just quite by chance seems to look the same, although it happened at a very different time in the process of the recession.
    I'll probably be able to pull out 10 charts plus, that show a similar pattern somewhere sometime. What does a trend 8 years into a recession give us for comparison.
    Blunt and easy marketing, one out of 2268 articles. Stop copying those big guys from whereever they are. Don't you learn. Big Bank, Big Car, big bullshit.




    On May 20 08:01 AM jeandit75 wrote:

    > Forget the 1938 stock market because we are at the beginning of a
    > mega depression and if any comparisons it shoulf be with 1930 and
    > not 1938. But on your hat. The slide will be brutal.
    May 20 08:19 AM | 1 Like Like |Link to Comment
  • Today's Market vs. 1938 [View article]
    Fine, but why would we only want to look at one short timespan of the great depression, if we are trying to compare the depression with the situation we have today?
    Especially if this timespan is 8-9 years after the depression started.


    On May 19 03:58 PM Lynn wrote:

    > Commenters,
    > This is not a graph of the Great Depression, it is a graph of the
    > 1937/38 bear market. Bespoke did not screw up.
    May 20 06:54 AM | Likes Like |Link to Comment
  • Inflating Our Way Out of This Mess? Why This Won't Work [View article]
    And please, as your are possible to predict so much and answer so many difficult questions, I only have one humble question and in the name of other readers (I think), who is ned?
    May 20 06:50 AM | Likes Like |Link to Comment
  • Inflating Our Way Out of This Mess? Why This Won't Work [View article]
    Cetin, read the whole statement. As by the frequency of your posts you can't be able to read them fully. He is talking about interest rates that go along, cause money does not disappear, interest rates rise, but then again by your theory there would have more unemployed people, which would spend money they do not have, which would be good for the economy.

    go home!

    Sorry "I am not Ned" for discussing this


    On May 20 03:59 AM Cetin Hakimoglu wrote:

    > That is a very ignorant statement. Better read up on some macro econ.
    >
    >
    > ----------------------...
    > Second, when is inflation a good thing? As prices go up, people have
    > to pay more for the same product, or switch to a cheaper product
    > that may not do the same thing. Then, those who work, demand more
    > money for the same work so as to afford the higher prices, which
    > in turn, causes prices for goods to go up yet again.
    May 20 06:41 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
173 Comments
309 Likes