Recent content by miamicanes

  1. M

    Bernake on 60 minutes says the Congressman and the public

    > can someone explain to me why deflation right now is a bad thing? Basically, inflation is bad... but deflation is deadly. Simplifying things a bit, when deflation is rampant, the best investment you can make is to sell everything you own, then hide your money in a safe. The problem is...
  2. M

    China's Wen Is `Worried' at Safety of U.S. Treasuries, Asks for Assurances

    Or worse... the day China tries using us to fight proxy battles with India. Nothing overt, like bombing cities there or invading them, but things like forcing India to open its markets to Chinese products as a condition of access to American markets. I do, however, think China's efforts would...
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    China's Wen Is `Worried' at Safety of U.S. Treasuries, Asks for Assurances

    > I'm not striving for dramatic effect here, but does any, single person here doubt > that both China and the U.S. are allocating their best and brightest people > in their respective war gaming rooms towards the future occurrence of a > Sino-American War as their primary focus...
  4. M

    China's Wen Is `Worried' at Safety of U.S. Treasuries, Asks for Assurances

    > There is not a single country in the world where the car industry is collapsing > as it is in the US or where housing is being hit that hard. Try Britain. Just about everything that's happened in the US has happened in Britain almost exactly the same way -- their domestic auto industry is...
  5. M

    Why isn't the market surging on the Maddof

    The market would only surge if he were executed by decapitation, his severed head auctioned to the highest bidder on eBay with any otherwise-applicable restrictions and regulations governing the use of human remains suspended & waived by Act of Congress, and the proceeds going towards the losses...
  6. M

    if peak oil is imminent...

    $79-100/barrel shale oil is costly compared to $50/barrel light sweet crude from Saudi Arabia. However, it's downright cheap compared to $129-150+/barrel crude oil, and politically viable at roughly $70/barrel (at that point, it's cheaper to take the money currently subsidizing ethanol and use...
  7. M

    60 Minutes Segment - The Mortgage Meltdown

    Lots of condos marketed in Miami towards the end of the boom (and approaching completion at this very moment) are truly dreadful. Basically, the developers knew they could sell every single unit within a day of launching preconstruction sales, so they made them as small as the City of Miami...
  8. M

    if peak oil is imminent...

    The problem with "Peak Oil" theories is the fact that they conveniently ignore the fact that as the price per barrel goes up, the amount of oil that can be profitably extracted & refined increases. Oil shale can be profitably processed into "regular" oil for $70-100/barrel. Known reserves of...
  9. M

    Russia waiting for collase and breakup of USA

    The idea of a breakup over economic matters is ridiculous. It shows just how different the mindset is in Russia (and to a large extent, the EU as well). The Soviet Union was assembled mostly by military force. Nobody really asked or cared whether the Latvians, Estonians, Lithuanians, or...
  10. M

    is ameritrade down or no volume change in 4 min.?

    I had to exit Command Center 2.0 and relaunch it. Fixed the problem.
  11. M

    Pounding the desk for Goog

    Sigh. Once again, Google is not HP. They know that not everything they do will directly produce revenue... and they don't particularly care. They're perfectly happy paying a hundred people to come up with 99 commercially-useless products, because they know that every now and then #100 will more...
  12. M

    Reuters: General Motors board weighs bankruptcy option

    Actually, now that I think of it... if GM DOES go bankrupt, January or February will probably be a great time to get one HELL of a great deal on an Avalanche, Silverado, or Escalade. Warranty or not, any of those for 80% invoice price would be an absolute steal. If they had the Cobalt 2LT model...
  13. M

    Highest dividend?

    > Like INTC. ESPECIALLY companies like INTC, that are solid, but whose stock price is getting completely beaten up right now due to being a "fund favorite" and forced liquidations making it insanely cheap at the moment.
  14. M

    Highest dividend?

    > I would gouge my own eyes out with a popsicle stick before relying on a high yield chinese ADR. Normally, I'd agree... except Siliconware isn't Chinese. It's Taiwanese. Big, HUGE difference, in business culture AND government. It's 110% first world all the way, just like Singapore.
  15. M

    Highest dividend?

    One more thing to point out about BP... thanks to the strong Dollar, its share price is shockingly low compared to other comparable companies... but even with the strong Dollar, its dividends are pretty decent. If the Dollar and Pound ever trade places like they did last year (when there was...
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