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  • Austrians Insist The Sky Is Falling - It's Not  [View article]
    They are not wasting their time. They get well paid to protect the interests of the wealthy. I recall the frequent bulletins of the von mises institutes on how the economy will collapse if the minimum wage goes up.
    Jan 27, 2016. 03:09 PM | 2 Likes Like |Link to Comment
  • Austrians Insist The Sky Is Falling - It's Not  [View article]
    Nice analysis but I dont see how any amount of technology will reduce health care costs when drug companies are able to increase prices thousands of percent for decades old drugs they did not even invent. The rampant fraud from for profit healthcare will more than offset tech cost savings. I went to a walk in place once and was given about 15,000 in tests for what my regular doctor said was just indigestion. A dermatologist billed me 60,000 for a ten minute removal of mole he said might be cancerous. Thieves abound.
    Jan 27, 2016. 01:52 PM | Likes Like |Link to Comment
  • Austrians Insist The Sky Is Falling - It's Not  [View article]
    Nice analysis but I dont see how any amount of technology will reduce health care costs when drug companies are able to increase prices thousands of percent for decades old drugs they did not even invent. The rampant fraud from for profit healthcare will more than offset tech cost savings. I went to a walk in place once and was given about 15,000 in tests for what my regular doctor said was just indigestion. A dermatologist billed me 60,000 for a ten minute removal of mole he said might be cancerous. Thieves abound.
    Jan 27, 2016. 01:52 PM | Likes Like |Link to Comment
  • Austrians Insist The Sky Is Falling - It's Not  [View article]
    Nice analysis but I dont see how any amount of technology will reduce health care costs when drug companies are able to increase prices thousands of percent for decades old drugs they did not even invent. The rampant fraud from for profit healthcare will more than offset tech cost savings. I went to a walk in place once and was given about 15,000 in tests for what my regular doctor said was just indigestion. A dermatologist billed me 60,000 for a ten minute removal of mole he said might be cancerous. Thieves abound.
    Jan 27, 2016. 01:52 PM | Likes Like |Link to Comment
  • Discounting Shale Oil Would Be A Foolish Long-Term Strategy  [View article]
    Most of the shale companies were losing money when oil was $100. It's not possible to match the efficiency of SA or Iran where oil can be produced for $5 a barrel or less. Try reading Dan Dicker's book. If you add in all the bad loans and shale stocks that go to zero and pipelines that will be abandoned, it will turn out that that shale oil was produced at a much higher cost than just buying it from the Middle East would have cost. Maybe in the future, shale oil will be profitable again but it's also possible that alternative energy develops so rapidly that it is never extracted, like coal now.
    Jan 20, 2016. 11:51 AM | 4 Likes Like |Link to Comment
  • How America's Shale Revolution Has Reduced Geopolitical And Price Risk  [View article]
    After the bankruptcies, it will turn out that all the shale oil produced cost more than just buyng the oil from the saudis would have cost.
    Jan 17, 2016. 09:56 AM | 7 Likes Like |Link to Comment
  • Why The Oil Market Isn't Making Sense To Many Investors  [View article]
    If they are profitable, why are they crying for government bailouts? They were making money from selling stock, not oil.
    Jan 13, 2016. 07:03 PM | 4 Likes Like |Link to Comment
  • BDCs - Last Stop On Debt Food Chain  [View article]
    BDCs are usually set up to benefit their managers not investors.
    Jan 11, 2016. 08:41 PM | 3 Likes Like |Link to Comment
  • A Glance At The Twins' Portfolio - Sleeping Soundly Through The Storm  [View article]
    Storm is just starting. Buy savings bonds instead.
    Jan 11, 2016. 05:04 PM | Likes Like |Link to Comment
  • The Dirt Cheap Value Portfolio: Safe In A Declining Market  [View article]
    Small restaurant stocks are not risk free. They go bankrupt regularly.
    Jan 10, 2016. 03:57 PM | Likes Like |Link to Comment
  • Jim Rickards On China: 'They Don't Know Anything About Capital Markets'  [View article]
    I guess not knowing anything about capital markets is a good thing sine their standard of living has gone up times ten while ours went down.
    Jan 8, 2016. 05:02 PM | 1 Like Like |Link to Comment
  • Chesapeake's Prisoner's Dilemma: Bonds Are Not Safer Than Equity  [View article]
    How would equity holders pay themselves? They don't have money to pay a big dividend and no one can buy the company without picking up the debt. The only thing they can do is sell at a record low price.
    Jan 7, 2016. 09:08 AM | 2 Likes Like |Link to Comment
  • Why BP Is A Buy At 52-Week Lows  [View article]
    How could they be cutting costs as fast as oil prices are going down? Not all costs are reducible.nThe depreciation of previous capital expenditures alone is probably higher than todays oil price.
    Jan 7, 2016. 02:47 AM | 9 Likes Like |Link to Comment
  • Zombie Economics  [View article]
    Economics is a science? Chinese communism with lots of corruption is producing better results than any of these theories.
    Jan 6, 2016. 06:18 AM | 1 Like Like |Link to Comment
  • The Golden State Of California's Office Market And Its Impact On REITs  [View article]
    25 million additional STEM jobs? BLS says 1 million and at least in comp sci, people increasingly work at home or in smaller shared work areas instead of private offices. No more computer rooms either, all goes in cloud somewhere.l
    Jan 5, 2016. 02:12 PM | 1 Like Like |Link to Comment
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