I think what may help is keeping in mind that the dollar and treasury bonds are nothing more than notes that represent the full faith and credit of the U.S. government. And the bottom line is that credit spreads in secondary markets for sovereign bonds around the world demonstrate that the...
Look, you're the one that cast the first stone. There is no need to look down your nose at the arguments of people that lived in fewer continents than you. If you've seen it with your own eyes then you know its not a joke. there is a reason for relative credit spreads, instability premia in the...
Thanks for the history lesson. Ummm is this a serious question? Does safe mean it doesn't go down? Do you know what a credit spread is? Can I show you a 5 year period where the dollar surged against other currencies and have made a point of equal validity to your point?
True, but, you have to admit, we are talking about the future. Your 10 years in a continent that may have been stable at the time really isn't relevant for a forward looking discussion. I have a branch of the family that lived in Tehran in the 70's and all was great there too until the Shah was...
It actually doesn't show that at all. You are taking my argument out of the context of comparing the U.S. to a "third world country." Grown ups are talking here. If you're not going to add value how about going back to the peanut gallery. thanks homey.
See now, these types of arguments make me lose a little faith that you are making your move for the right reasons. I mean, this is just amateurish/media commentator level understanding of the f/x markets and the interrelations of trade imbalances and relative interest rates.
First off, if...
I guess it boils down to your personal standards of livability.
Ever try to get a decent steak in the carribean that didn't cost 60 bucks? Want an internet connection above 10 mbps that doesn't cost over a grand a month? Does the wife want a 3d ultrasound? Do you prefer a selection in cold...
While I am patriotic, and also am sick of taxes and moronic statements from media seeking politicians that will say anything to get air time (even though they know windfall profit taxes, socialized systems and the like break all of the laws of successful economic history) I am still intrigued by...