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Yes a weaker $ is clearly inflationary, but not all products are imported, domestic productions becomes more competitive. The flip side of the US as a big consuming nation argument is that if demands from the US shrinks, exporting countries can’t demand much more $ for the same goods even...

Seen in isolation, a weaker dollar is good for future export growth, and reducing imports, thus indicating a stronger dollar and a stronger stock market. However the weak dollar in the first place is also a symptom of low export, high import and general sluggishness in the economy. Its like...

I have no idea about how to do that, all I was trying to say is that everything is a choice. A person might chose to listen to reason or he might chose to ignore it. Some are born with fewer choices than others, but still everything is a choice. A person might not be smart enough to be a...

The US economy probably preformed best late 90s, but I think it’s also interesting to consider under what kind of conditions the US economy performs best. The US economy leads, the World economy follows. I think the US stock market will perform very well the next 5-6 years. When the baby...

I don’t think people are unable to, just unwilling to. They don’t want to pay the price. It’s easy to make plans to change, but when u are planning u only look at one side of the coin, u think about the benefits and not the costs. When the costs are felt, many chooses to ignore the plans...

I’m almost done with a BS in Economics. I could probably have learned the same just reading books, but I think the degree is helpful to a certain extent for longer term trading/investing (Timing based on the macro picture). With some knowledge about how the market should behave from a rational...

If u don’t create ur own destiny u don’t exist, ur just an observer being tossed around. Nothing will ever mean something. Rich, poor a successfully trader or not, it’s like being proud of ur height, proud of something totally out of ur influence.. That u create ur own destiny is just...

Sold € bought $ pretty aggressively on Thursday.

IMO to become really rich if u starts with nothing u needs to be a saver and a risk taker. Most people are probably spenders and those who are savers are probably risk averse (that’s why they save) so the basic traits needed to become rich are probably more rare than one should think..

So personal debt is still rising, consumption grows at a steady pace and the personal saving rate is negative. More and more money have to be used to pay interests. Better pray for good economic growth.. What happens if household wealth also starts to decline? Scary scary scary. People will...

More and more money are used to pay down debt?

Completely agree, everyone seems to forget about the supply side of things. The amount of fossil fuels in the world is finite, look at it from any angle, long term we will burn it all, does it really matter if we do it in 150 or 170 years? The faster we burn fossil fuels the faster the...

I will try the experiment, but from wikipedia: An unusual fact of ice frozen at a pressure of one atmosphere is that the solid is some 8% less dense than liquid water. Therefore, water is one of the few substances to expand when it freezes. Ice has a density of 0.917 g/cm³ at 0 °C, whereas...

One of the fears about global warming is that it will cause the sea level to rise. I’m no scientist, but given global warming is real, even if it’s caused by humans the sun or increased volcanic eruptions or something else it just don’t seem logical too me that it will cause the sea level...

Liars are often the best truth tellers.

Tolerance cannot tolerate intolerance. This is a truth I find hard to tolerate. Guess im intolerant. In politics & religion I think everything should be tolerated.

What looks artificial? Click it.. It’s real stock price data :) I was wrong 18 of the first 20 attempt. I had to change my strategy, after 73 attempts my score is at 53%.

Consider this.. What is consciousness? A bunch of brain cells shooting at each other in a particular pattern. What is society, a bunch of humans interacting in a particular pattern? Do u have free will? If so ur brain cells have not.. Does society have consciousness? If so ur not free.. Try...

Brilliant

I feel u are onto something. I’m way too confused right now, but sometimes I think conventional wisdom is just the opposite of the truth. I read Jack Hershey as I read Karl Marx. What was up with that guy? Simply wrong, evil or trying too teach in a f….. up way creating unintended...