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Well, congratulations, you must be an exception. Whenever I apply to the jobs that are in my specific domain of expertise, whenever my friends apply to jobs (incl. programming jobs) in their domains of expertise, they either get no response, or the jobs end up having salaries that don't even...

I never was and never will be a 'programmer' per se. Don't really have a lot of interest in coding to be honest with you. More of a systems/design guy.

I'm not a programmer, but I know many graduates who have sent out hundreds, thousands of applications, and rarely even get the time of day from anyone.

Mostly fakes (ie: a dozen different agencies submitting to the same job), or they want many, many years of experience. Or they want to pay a salary that doesn't even make living in NYC worthwhile. There are IT jobs...just not for Americans who actually want to earn enough to live.

Good luck with your son in engineering school; chances are, if this economy continues on its current path, he won't be able to find a job when he gets out. Just like the EE/CS engineering grads of the past decade have discovered (nearly all of them are unemployed!).

Its greedy boomers who expect the young people to work for salaries that are just a fraction of what they earned, when translated into the prices of real goods and services. As for bonuses for performing a mediocre job, the tone for that has been set at the top, in the financial industry and...

I know guys who graduated in tech related fields after the bust in 2000, who still haven't been able to find employment in the technology sector. The tech sector has been systemically ethnically cleansed of Americans, with the replacement employees being Indians on the H1-B and L-1 visas...

Sure. If the government can pump the Dow up to 50,000, then much of the demand that's been lost from the housing collapse, will be replaced by demand from stockowners. Stockowners, who have seen their stocks stagnate in price, and only go down in terms of commodities, etc., over the past...

35-40mpg is no problem in a full-sized car. Direct injection with or without a turbocharger can do it without issues. In petrol or diesel. Without exotic 'hybrid' technology or anything like that. A complete non-issue. Its a real travesty that automakers need to be legislated into...

The stats in California insofar as mortgage payments and delinquiencies were perfectly fine...until the bubble popped!

Ummm, no its not. Natural gas investment has collapsed in Canada. And as a percentage of the economy, the resource sector has almost never been smaller, in the entire history of Canada. Forget rates rising, most can't even afford their mortgages right now, and negative equity is rapidly...

Kids aren't staying in school till their late 20s/early 30s by choice. There just aren't jobs in Canada for university-educated people outside of healthcare or government. Canada is just a giant welfare state that leeches off of an increasingly small resource sector, with little else. The...

Been no different for engineers in the past decade, particularly, in IT. Typical 'good' IT job gets 1000 applicants per position.

If people were expecting inflation, why are they selling off their stocks and buying bonds, bonds that would benefit handsomely from deflation?

Growth will accelerate with peak oil, as the economy will be forced to adopt much more technologically and labour-intensive ways of using oil, compared to the present situation. Much of the 'growth' will be highly inflationary though, so yeah, 10-year and 30-year yields to the moon! Wiping...

What's so wrong with only a 30% loss in Harvard's endowment? The broader markets are still down 30% from the highs. Larry Summers may be evil and incompetent, for a litany of reasons, but being down 30% isn't exactly something to be ashamed of these days. And what does Harvard need a...

Sure, you can have 20% interest rates, if the supply of money also is growing at 20%. We'll soon have that (or more) in the USA, at the rate that the presses have been running, and once foreigners start demanding goods and services from America in exchange for all the bonds that are...

Well, no, I can't. But if interest is set beyond the rate of economic growth and economic output, as expressed in gold, then default is not only a mathematical probability, but a mathematical certainty. Sort of like the past decade with mortgages. There was no economic growth. There was...

But where on earth does the gold come from to pay all this interest? I mean, let's say there are 1 trillion ounces of gold in the world, and all of it gets lent out to facilitate commerce. Loans are made over the period of 1 year, and then, must be entirely repaid in gold. What is the...

And it would correct a very high rate of interest that exceeds that of gold supply growth as well. Of course, individual credits would have their own interest rates, relative to the supply, demand, and credit fundamentals of each individual type of lending. But in the aggregate, interest...