Search results

The bankruptcy courts would have done that with the banks just fine, had they been left alone.

Equity is the basis for all debt. You cannot have credit expansion, without equity expansion. So, by propping up equity, businesses can sell shares, and use the proceeds to fund new employment opportunities and economic activity. Think of it from a shareholders' perspective. If shares...

The big problem is that even top grads, Citizens, can't get jobs because their resumes appear on the pile with the resumes of thousands of H1-B's and assorted immigrants. Most of my EE/CS graduating class, of quite a few years ago, is now unemployed, and never was able to enter employment...

There's so much of the sh*t out there (real estate inventory) that there's not even enough people to lease, nevermind own. Everyone's downsizing. 5-bedroom houses aren't needed for retired couples with no kids at home. Single people don't need luxury condos when they have no jobs. Nail...

Houses were able to get to a price level where their price only made sense if you assumed interest rates were going to be 2% for the rest of eternity. So if the Dow has a P/E of roughly 20, and that P/E needs to expand to 50... You're looking at a price of at least 30,000 in the next few...

Yup. Same deal in Canada. Politicians taking junkets to the Phillipines to recruit nurses from there, while telling young Canadians that nursing is a good career to get into, even though the salaries paid aren't particularly stellar.

Yeah, but maturity mismatch, in such a portfolio, can be amazingly destructive. And some very strange things happen in markets when supply of the physical starts drying up.

Sadly, this is what I think the outcome for the US market will be, as it normalizes itself with China, a country that probably has a larger GDP than the United States at this point, in terms of useful production goes. Long-term bond holders have enjoyed a 30-year run. What if the next decade...

I don't believe in the tech IPO thesis the OP posted at all. But I do think that oil and resource firms are going to, in the next few years, be considered 'non-cyclicals', as opposed to the traditional definition of oil and resources being cyclical. Thus, non-cyclical valuations will be...

How can outfits like "American Express" (whatever the f*ck that is) offer "1.5% APY Savings Accounts", when niggas like me can borrow from Interactive Brokers for 0.75%/annum? Yes, I have to pledge collateral to IB -- but just how does IB get its funding anyways? Because certainly IB is out...

psytrade, the Canadian banks have essentially hedged deflation out, through the use of government loan guarantees. If houses deflated to 25% of their previous value -- the government, under the current scheme, guarantees such and will print money and hand it to the banks to cover all the...

Good to see some dissenting opinion here, even if someone had to sign up to enter it. I agree, the bailouts to Canadian banks, primarily through the CMHC and the NHA, have been enormous. The CMHC and the NHA collectively have a portfolio of almost $800B of loan guarantees, entirely against...

CCO here. Owned it forever.

Long CCO here. Just wish they'd get their damn mines all back into production.

Nothing. Absolutely nothing. And there's nothing to stop Indians from IP theft if, as another poster suggests, companies move the last of their in-house enterprise computing, to outsourced providers, under the guise of 'cloud' computing. "Clouds" might work for small businesses who have...

Nice try at an insult -- but 'cloud computing' is an emotional thing -- a clear examination of the 'claims' made by its proponents show it to be nothing other than gimmickry, essentially a re-hash of the long-standing ability of individual computers to communicate over a network within software...

You mean the people who bankrupted the companies with their sheer and vast 'intelligence'?? Lol.

Lol, welcome to the Internet, TCP/IP, 1991 buddy. There's nothing in those Microsoft documents that suggests anything really new and exciting. The phrase "much ado about nothing" comes immediately to mind. Being able to send a query to a SQL server located somewhere else on a...

Nice delusion buddy... Most IT shops are laying people off as fast as they can (even H1-B's these days), and SOA and "cloud computing" are just buzzwords for outsourcing, which has been shown to be a collosal failure for most businesses.

"typical problem"?? Lol. What's that supposed to mean? Or wait, are you just one of those buzzword bullsh*tters? Now those are 'typical problems in IT software development'.