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"At these levels"? You mean, at the same levels of more than a DECADE ago?? Are you a buy high, sell low kind of guy?

Why have credit at all? Businesses have enough infrastructure and capability that most of them can easily self-fund their own growth, without leverage. Look at the tech sector, extremely little, if not any debt there, and they do just fine (if anything, the tech sector hasn't been aggressive...

a) Financing is available against the entire stock market extremely inexpensively (ie: 0.75% or less at Interactive Brokers). So the break-even point of owning a stock like CAT is very low. b) The same stuff is happening on CAT's balance sheet; their debt service costs are gradually...

I love it when people whip out the charts of the 1930s -- an era when money actually represented a claim against a commodity (ie: gold or silver), instead of just something that could be printed out of thin air. Why? Because it means absolutely nothing. If you measured 2000-2009 in the same...

The jobs that have been 'lost' were crap jobs anyways. Like we need a gazillion nail salons, 7-11's on every corner, bankers, or mortgage brokers. If those people weren't working those 'jobs', then they would have been on welfare anyways. Actually, putting them on welfare is probably...

Sure...but as the housing sector is going into debt liquidation -- corporations and investors, who have been mostly debt-adverse over the past decade, now have the capacity to go heavily into debt to achieve reflation. I agree with you -- growing overall debt is impossible. But debt most...

Look guys -- diss Bernanke all you want, but without a stock market revival, there can't be an employment revival. Business owners need to see a return on their investments. Because, right now, they are friggin *broke*, and haven't seen a dime of return from their businesses for at least the...

What if....stocks are the new housing? In terms of pumping up the economy? What if stock investors, like practically everyone in these forums, 'get rich', and take our stock earnings, and start hiring people, start creating things, start the economy back up? People can diss what George...

Well look -- giving business owners a return on investment -- is the only way to get business owners to invest more, to grow their businesses, to grow capacity, to grow industry, and to grow employment. Growth cannot, and will not take place, if outsized returns are given to people who take...

CompE tends to be concentrated moreso on hardware and digital logic, and less so, on all the niceties of programming in the latest OOP, or on the latest HMI/platform. CS employers also want their employees to be dirt cheap. CompE's, at least, in theory, have other engineering skills which...

If "short term" means the past 10 years, ie: pretty much the entire time after the dot-com bust...sure. So do I. They're all unemployed, or minimally employed. CS grad hiring in the past number of years has been virtually non-existent, and most certainly, not sufficient to provide for...

Because of consolidation in the computer hardware sector, basically, nearly every computer has the same components, more or less. The basic Linux driver for Intel ethernet covers off most PC shipments. The other half is covered by the Nvidia driver. Both can be built into the same Linux...

Look guys -- all the gold-loving dipshits that write bad things about Barrick are missing one big thing -- they are *not* speculating in the price of gold, upwards or downwards by selling contracts into the future. They were hedging the output of their mines, to lower their financing costs to...

No they weren't. Stop lying. EE grads from 2002-2006 or so couldn't even get HR people to answer the phone. A complete and utter disaster. I don't know where you seem to get this idea that EE grads were getting 'multiple offers'. If that was the case -- why are EE salaries still below 2000...

Ummm, the funds received when the market was at its bottom was essentially an equity injection, but at interest rates that represent debt. A subsidy to the entire banking industry. The entire industry would have gone bankrupt otherwise (and we'd probably be in much better shape right now)...

Yeah, exactly aegis. That doesn't even keep up with the projected population growth over the same 10-year interval. And to add to it, they probably bring in 1500 people a year on H1-B or L-1 visas to fill those extra jobs anyways, leaving university graduates with no chance whatsoever to fill...

As I told you, I am not hiding anything. My applications, then, and now, rarely even received responses -- same deal with most of my fellow graduates, and most of the people I know who even attended other universities. And I most certainly did not ask for $120k or anything like that. In fact...

Exactly, that's why I started a financial business right out of college, doing a certain form of arbitrage (don't really want to discuss details..), and have enjoyed 10X the lifestyle of my engineering grad co-horts. But it can't possibly be good for society to leave so many highly skilled...

Not hiding anything. The tech industry never revived itself after the crash, and the only people hired have been foreigners. My whole graduating class is the same way. And the few who did manage to get jobs have been exposed to constant layoffs, downsizings, and have had absolutely no...

Yup. I graduated in Electrical Engineering and Computer Science in 2002, nearly the top of my class. Been applying ever since. Rarely do I even get replies to my applications, nevermind actual employment opportunities. They've taken all these jobs and shipped them to India/China, and what...