Recent content by povstanets

Your absolutely right, past decades are very instructive - specifically 1929. The great depression was caused by a boom in stocks, real estate and consumer goods purchased on payment plans causing total credit market debt to reach almost 300% of GDP. How is today any different? The opinion I...

I can understand that perspective, maybe globalization is more important to some; however, just keep in mind that free markets must be fair - you can't have free trade where your partners like China devalue their currency, have billions of slave labor workers like those at Foxconn who regularly...

Yes tommo, but what I was hinting at is that if safety is your concern - then you don't want free markets or globalization and foreign investment. Do you think North Korea felt the recent world financial crisis? No their auto factories hummed right along without skipping a beat. Free trade has...

Well it seems that our entire system became corrupted around the 70's, we stopped exporting oil, free trade agreements were signed soon after and our yearly trade deficit went through the roof as jobs shipped overseas and the population spiked worldwide creating more competition for resources...

Absolutely and you made great points in that paragraph I quoted; I just wanted to talk about that more as so many of us on the last few pages seem to be focused on deflation or inflation like they are mutually exclusive. As you pointed out with Argentina they had hyperinflation in 1989 and not...

You can't have it both ways though, free markets mean economies will be intertwined and vulnerable to worldwide contagion during a financial crisis. The only way to avoid this is to end free trade, ban all foreign investment and go off the grid completely. The last financial crisis spread like...

Deflation and Inflation don't have to be mutually exclusive though; what we have had since the crisis is really best described as credit deflation mixed with simultaneous inflation of the currency through debasement. The Fed assigned huge reserves at all of the banks during the crisis, but the...

This really was a brilliant idea the OP had… too bad his last post five years ago was asking for advice on how to deal with debt collectors.

Very good points, though I would say ZIRP is the symptom of the problem, that being a debt supercycle; without ZIRP the whole house of cards implodes.

We have a world debt supercycle acting like a black hole demanding constant QE and ZIRP just to stave off deflationary collapse into depression.

Let me explain more clearly America's real relationship with China. The Chinese want to export to the United States for their peoples employment; in order to export they must take dollars in exchange for goods, with these dollars they buy treasuries; what else can they do with a trillion...

A pandemic virus is just a matter of time, every single virologist says we are way overdue. The 1918 Spanish Flu killed around 40 million, with today's population levels that would be equal to 160 million dead. Can you imagine a major pandemic in today's America? The place would be like New...

Nine_Ender, Canada never got its house in order in the 80's, debt was run up significantly into the late 90's. What really happened was a multi-decade commodity cycle, nothing more. During the commodity cycle many commodity exporters lowered their debt such as Australia, Norway, Brazil, Chile -...

An American living in New York City has a higher tax burden than a Canadian in Ontario. Put that in your pipe and smoke it.

I found this info-graphic on strategies, pretty interesting; as far as what levels they buy at that would be nice to know! What I've noticed with the HFT's is that they pile on to each others trade causing price spikes/drops in a matter of seconds; so the main ones I notice or that effect me...