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What was racist? it was just a discussion of the Chinese/US econ situation. lighten up, nothing even remotely racist implied by my post.

I agree with Karl. Until there is another global reserve currency, the dollar will not be allowed to decline past certain levels. Even then, I doubt it would completely crash as the US consumer still drives world consumption. China is already over extended believe it or not. A collapse in the...

Clinton could have done anything and he would have been golden. He had the tech boom behind him. But to answer the question, Barak won't raise taxes on anyone as long as the economy is in the shitter. He is not stupid. Afterwords, the raise on the wealthy will cut employment somewhat...

Yes it does matter as far as his opinion is concerned. Sure, he always bounces back stronger, but he is often wrong. He is a a RE guy period.

I love Poland, and if you make your money trading, and don't make Polish wages, its cheap! I spent some time in Poznan, and traveled around the entire country. Really nice people, and hot looking gals. Germany I could do without altogether except for the autos. Those guys have some damn fine...

I'm a futures trader, so not a problem. There would not be a futures market without shorting as easy as buying. Every long HAS to have a short for the contract to be formed in the first place.

KL and Sing are both great cities, but that is just the problem. They are cities. I used to live in Sing, and enjoyed it for what it was, but Phuket is an entirely different animal (beach town).

thanks for the info, and keep us informed how the satellite works out. i agree, who wants to live in BKK? loud and loads of traffic. i am a pure daytrader, so no Phuket for me for awhile. cheers, jay

I didn't vote for BO, but not too worried. If he tanks the markets, I'll just get heavily short. Go with the flow so to speak. My taxes will rise, but nothing I can do about it, so I am hoping the guy uses the funds in a meaningful way. Redistribution sucks, but infrastructure improvements and...

the press obviously loves this guy. he is going to get a free ride until he seriously screws something up (as all presidents do eventually). i bet you hear very little "bitching" about BO from the press for quite some time. From conservatives on the other hand, it has already started. I...

how can anybody daytrade without rock solid internet (and fast)? position trading you could do over an iphone, but short term stuff absolutely demands a solid connection. Otherwise you could drop an incredible amount of money and not be able to do a damn thing about it. I too have thought of...

China isn't even remotely communist with biz. They have extremely wealthy individuals now.

The crash and burn had nothing to do with supply side econ. It was artificial interest rates which led to ridiculous bubbles, and crazy unregulated derivative expansion. The employment situation over the past two terms has been excellent by historic standards. Only the Tech Boom was probably...

U obviously don't get it. raising taxes is not the problem. raising taxes on one group, and then blatantly giving that money to people that don't even work in the form of a check is the problem. CLASSIC redistribution of wealth. 6 of 7 of Obama's "tax credits" don't actually require any...

wait until you see the largest spending regime in the history of the World. he will make Bush look like a penny pincher. He is easily the furthest left candidate to be nominated much less win (according to the National Review). i don't like Mccain or the republicans either, but mark my words...

Easily, the amount of data on the net supporting this is overwhelming. I should have kept my previous charts, etc on this data. Its Sunday am now, and I'm too lazy at the moment. I'll post a bunch of stuff for you tomorrow when I'm bored mid trading day. I am an economist BTW. Just don't work...

hungary and ukraine will get IMF help. not sure what could happen with afghanistan. S. korea should hang on longer than the others i bet. the entire globe is going to have to cut back on spending until this mess clears. Even China, with their trillions in reserves, are scaling back, and...

One big problem with comparing Cap gains tax rates of the 80's with today is that globally, cap gains tax rates have dropped significantly in general. Raising rates here WILL result in capital flight. The amount is unknown. Also, it is generally accepted by most economists (not all), that...

Bingo!

Assuming the bailout doesn't work, we are looking at a potential deflation problem regardless of the spending. That is why I just use my charts. For a longer term view, I use long term charts. I'm an economist by training, but I am not sure how this is all going to really work out, nor is...