Search results

Grayson was quite the surprise, wasn't he? He is an interesting character. Thought he was going to be a populist, may still be. Worth following though.

Agree with that idea, disagree on timing and the rest of your theses. This FIRE economy will not last forever. Something else will be created. Unfortunately, what it is and how to position for it, if you even can, is another thing.

It will go up until the insiders sell out. Then, it will go down. Rinse and repeat.

This is probably a bad place to ask this question - traders tend not to be the most 'connected' people to the rest of the world - you focus on the markets day in and out, you know? See threads in psychology dealing with lonliness, girlfriend/wife issues, etc.. In my affluent area, through my...

Interesting idea. What happens if you borrow from your 401k, pay down your mortgage, and at some point you can't repay the loan. 1. Are there tax consequences? Would you get hit with a large IRS bill? 2. Can the 401k administrator sue you for the defaulted loan? 3. If you...

First off, the supreme court is entitled to decide a legal opinion, particularly involving constitutionality. That's how the laws of the land work. However, history is rife with kangaroo courts. On all sides. I'm going to use the 'pornography' argument - you know it when you see it. And...

Waves of suicide seem to affect social networks from time to time. Historically, there was a rash of suicides in German speaking europe following Gothes' The Sorrows of Young Werther (Die Leiden des jungen Werthers) - young men dressed as Werther and then killed themselves because it appeared...

EUR/$ not even above 1.55 is hardly hyperinflation. Where's the money velocity? Gold is simply an alternative to fiat currencies, not a new monetary standard. That ship sank long ago. As long as currency movements are ORDERLY, nobody in charge gives a shit. A slow decline in the USD would...

forgot chart. Sorry!

Well, its that time of year again and I’m starting to look at the CEF’s (closed end funds) again. Last year in the midst of the credit crisis, there was a complete meltdown in levered CEF’s because of the failure of the ARPS system which many levered bond CEF’s depend upon to goose...

One thing for sure - if there ever is any military action "in defense of the constitution" I & my family will be out of here at the first whiff. For a certain ethnic group in 1930's europe, staying around was deadly, and there were numerous warning signs. Lesson learned. Easier to come back...

I am dumbfounded and flabbergasted. You're right - we are living in the matrix.

I'm sure you say that tongue-in-cheek, but I've had similar thoughts. What happens if it isn't about money anymore but about control - control of production, distribution, etc.... Got to be big to play in that game. I may not be able to adapt to that eorld easily.

The legal system has decided (for us) that the individual has no right to privacy. Fine. That's the way the pendulum is swinging. Don't like it, leave, live on a farm, etc... Eventually the pendulum will swing back. Slaves are boring & their masters grow corrupt and lazy.

i've posted this before but at my Ivy league alma mater as of July unemployment among graduating seniors not headed to grad school was easily 20 %. At local non ivies I would estimate upwards of 30 %. At least. Satisfied with your student loan investment? I am convinced those are from the...

OP makes a correct & important point here - any positivity in earnings is a result of cost cutting.

KBH seems connected/protected.

That was classic.... but its wasted here. Sorry!

The difference between the 70's and current cirucumstances is the absence of wage inflation. Without the wage inflation, a wage-price spiral cannot occur. Debt expansion has been tried and flamed out. Nobody is creditworthy enough to take on additional debt; those that are are sensible...

Yes I am.