Search results

I'm no expert on US debt or the treasuries they own, but I imagine they would have to sell them into the open market to get access to funds, and not exactly call the debt in. Once too much floods the market, then certainly this would be quite destabilizing. Of course the individual is much...

What's bad about debt never getting paid back? Well, if the US maintains being a super power, then nobody is gonna question it much I'm sure. But this won't last forever, and the minute that confidence in the system is tested, it can all go down hill very quickly.

Wow... very cool. Its simply amazing how within only 5 to 10 years, I'm sure that many jobs will become obsolete, and then the big problems really start.

Found this article quite interesting. Of course we are all aware of automation in the factory, and on the road, but I wasn't aware of the push to automate picking fruits. This would also quite certainly have a huge impact on immigration issues given that most farm work is done by immigrants...

So you're saying this is a debt that never has to be paid back? Because this certainly is I'm sure what the officials think as well. :D Edit: This to me would be the only way to claim that its apples to oranges. Of course there are lots of differences between consumer debt and government...

I would actually argue against this. Now I wouldn't bet that it will blow up tomorrow or next year, but I do not for one second believe that it is the type of debt that will ever be paid back in the traditional sense for individuals. The worst part about the debt is that its a debt that people...

I think the critical difference is that with a mortgage, principal gets paid down every month. With government, the best you can hope for is a balanced budget in the best of times, and of course, more deficits most other years. Its kind of like those mortgages where you only pay the interest...

Interesting article/summary about the Home Capitol fiasco. https://www.bloomberg.com/news/articles/2017-05-01/home-capital-and-canada-s-frothy-housing-market-quicktake-q-a What I found most interesting is how they say that they serviced mortgages for those people who couldn't get a mortgage...

Of course 50% per month sound unrealistic, but it doesn't have to be so. Most people here just don't understand that for day trading, you can't use the same metrics as for long term investing. If we consider a 12k account, 50% would be generating 6k in profits. For a trader who knows what...

You want me to add something? Tell you what. I will call the CME for you and ask them to let you cash in your March YM contracts since you didn't know about rolling them over.

This is the same guy who so often posts a reply, so you get the email, and when you check out the reply, he has already deleted it. Its simply incredible that Baron gave him vendor status. If I was a vendor here, especially from any trading firm, I would be appauled to be in the same group as...

Such as? At least use the correct term for "costs" if rollover is what you mean. @southall is 100% correct about his assessment if this is what you are referring to. Even though it will all be after the fact now, since you continue to claim this is a real trade, you need to tell us when you...

Oh yes, but the links to the actual technical fillings are soooo boring to read. I honestly didn't bother. It catches my eye much more if its posted on Bloomberg or Financial Post with a catchy title. :)

Well that explains it then. I don't understand though how these debt helper renters really help though. That money received should be claimed as income, for tax purposes, with hardly any expenses to go against it I think. Sure the tax might be 30% of the money you receive, so 60-70% can still...

I really have no idea where people are getting the money. When you consider that the mortgage should be maxed out at 30-33%, very few households should be qualifying for million dollar homes. I get that some are moving up and hence whatever they sell will sell for a high price, but still...

Speaking of this, and following up the post that i960 made a while ago (https://www.elitetrader.com/et/threads/canadian-housing-bubble-thread.308528/page-5#post-4443577) about how BMO was going to bundle unsecured mortgages into debt to sell off, I came across this today...

Yes, and lets not even forget that governments can run a deficit for god knows how long, rolled over year after year, without any hope of ever paying off the debt, and this never has to be explained. So even if there is a dip in revenues collected, it really isn't a huge problem. An...

I bet its because the government still wants the foreigner's money. They always talk about investing in Canada, and they did after all have those investment visa's until not too long ago where you just had to park some money with the government tax free, and then you got it all back, along with...

All this fake news thing boils down to advertising in my opinion. Fake news wants you to click on a headline in other to take you to a URL that will get money from your clicks, or spread some sort of idea that will benefit the company in some way in the future. Facebook itself relies on...

Lots can happen now. These properties are purchased when interests are at all time lows, and when debt levels are higher than they have ever been. Plus, people bought houses at roughly 4 times yearly income to house price ratio, and now these numbers are well into 8 or 9. Jobs of course are...