The Coming Economic Collapse, Part 1 [View article]
One commentator said, "The article is a good one BECAUSE it has stimulated great discussion. Great points from a lot of you..."
I say, "Ditto!"
Article was a good summary. It sparked huge thoughts and constructive comments. Keep it up!
Last time I checked, there was an imbalance between wages paid to US workers vs. China, Mexico, Phillipines, India etc.
As long as that imbalance exists, and there are no barriers to trade (i.e. taxes on imports, quotas, etc.) the US will loose jobs. As those foreign markets produce more skilled workers, the job loss begins to rise vertically up the chain (thus the Inidan "back office" and "customer support").
The problem is, if we set up trade barriers to protect our own workers, then so will the other countries. We export a lot of our products, so that would cause more sufferring.
I can see no answer to the falling standard-of-living-of-... other than to wait and allow the US to fall and the Chinese to rise, until the 2 meet in parity. It will be a big change for both communities.
I enjoyed the Comments more than the Article, and the Article was good!
11 Months After the Oil Bubble Burst [View article]
Interesting facts and statistics.
I think that as long as there is an infinite use and growing demand of a finite resource, there will be increasing prices over time. Or, at least volatile prices, like we have seen.
Seems to me a lot of the current price escalation is people trying to find somewhere to hide dollars other than gold.
Another 1,000 Word Picture About Oil [View article]
These guys are behomoths. They are simply using their own muscle to maximize profits.
The Speculators are like coyotes. They hunt around the edge of the herd, looking for the weaker and culling. They get mad when someone hunts the coyotes back. Great when you are the hunter. Sucks when you are getting "skinned".
If you want to act like a coyote, then don't be surprised when you hide ends up drying over the top of a barbed wire fence. (Note: In the last great Depression, the Gov't used to pay a bounty of $5 per skin and atop the barbed wire fences is where the farmers would dry the skins waiting to go to town.)
Al Gore Sells Only U.S.-Listed Solar Holding [View article]
V.P. Gore doesn't respond to trends, HE MAKES THEM. Like it or not. He is probably posturing for a move (his move, or a move in energy prices that he is anticipating).
I agree with Alan Young. A single fact is less helpful. (i.e. "Mrs. Lincoln commented that the play was not satisfactory to her.")
Todd Walker -- great idea! Please continue to watch Gore's holdings. Just let us in on more of them and even trends.
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Latest | Highest ratedNatural Gas ETF: New Twist on Share Creation [View article]
Delinquencies in Prime Mortgages on the Rise [View article]
And here I sit participating in the rally.
We will have to hyper-inflate to pay the debt.
Jim
Real Estate Has Hit Bottom? Not Even Close [View article]
This time they are trying to intervene up-front and not later. Hopefully it works out this time.
Good Article. Good comments above.
Jim
The OIL ETF Disappoints Investors as a Crude Tracking Instrument [View article]
Ditto.
Why the tracking error?
Thanks.
Jim
The Coming Economic Collapse, Part 2 [View article]
Keep going.
Jim Pearson
Pearson & Pearson
The Coming Economic Collapse, Part 1 [View article]
I say, "Ditto!"
Article was a good summary. It sparked huge thoughts and constructive comments. Keep it up!
Last time I checked, there was an imbalance between wages paid to US workers vs. China, Mexico, Phillipines, India etc.
As long as that imbalance exists, and there are no barriers to trade (i.e. taxes on imports, quotas, etc.) the US will loose jobs. As those foreign markets produce more skilled workers, the job loss begins to rise vertically up the chain (thus the Inidan "back office" and "customer support").
The problem is, if we set up trade barriers to protect our own workers, then so will the other countries. We export a lot of our products, so that would cause more sufferring.
I can see no answer to the falling standard-of-living-of-... other than to wait and allow the US to fall and the Chinese to rise, until the 2 meet in parity. It will be a big change for both communities.
I enjoyed the Comments more than the Article, and the Article was good!
Jim Pearson
11 Months After the Oil Bubble Burst [View article]
I think that as long as there is an infinite use and growing demand of a finite resource, there will be increasing prices over time. Or, at least volatile prices, like we have seen.
Seems to me a lot of the current price escalation is people trying to find somewhere to hide dollars other than gold.
Jim Pearson
Pearson & Pearson
30 Attractive Companies Under $30: Fidelity's Low Priced Stock Fund Part II [View article]
Jim Pearson
Attorneys
How High Will the Price of Oil Go? [View article]
Jim
Explaining Higher Crude [View article]
Interesting Article.
Good comments below.
Jim
Another 1,000 Word Picture About Oil [View article]
The Speculators are like coyotes. They hunt around the edge of the herd, looking for the weaker and culling. They get mad when someone hunts the coyotes back. Great when you are the hunter. Sucks when you are getting "skinned".
If you want to act like a coyote, then don't be surprised when you hide ends up drying over the top of a barbed wire fence. (Note: In the last great Depression, the Gov't used to pay a bounty of $5 per skin and atop the barbed wire fences is where the farmers would dry the skins waiting to go to town.)
Jim Pearson
Commercial Litigators
Solar Industry's Long Term Outlook [View article]
Thank you.
I have printed it off for further review.
Jim Pearson
Commercial Litigation
Al Gore Sells Only U.S.-Listed Solar Holding [View article]
I agree with Alan Young. A single fact is less helpful. (i.e. "Mrs. Lincoln commented that the play was not satisfactory to her.")
Todd Walker -- great idea! Please continue to watch Gore's holdings. Just let us in on more of them and even trends.
Jim
Natural Gas Is Heading to 1997 Levels, Should Stay There Awhile [View article]
Great Article. Very thorough.
Thank you for the hard work. I have printed and saved it for future reference.
Jim Pearson
Pearson & Pearson
Commercial Litigators
P.S. I think I will sell my UNG.
Natural Gas Prices at a 6.5 Year Low [View article]