Search results

When the depositors are certainly calling in THEIR loans, the bank has to scramble for cash or else it becomes insolvent, regardless if it still has AAA mortgages on its books. So a bank will try to call in any loan it can, try to get any money back as soon as possible, ruining businesses sure...

It doesn't look good for Dubai...

They own the dollar however. If the dollar collapses, then no one will buy treasuries and then :eek:

Someone has to pay for the debt sooner or later, it will be paid by us, although enjoyed by past generations.

How many middle class americans have substantial capital gain taxes and estate taxes? It mostly affect the very rich who own a lot of assets.

It depends on who you are. From a market point of view? It could affect the market negatively. From a political point of view however, it would mean that the terrible Fed would be kicked down a notch from the embarrassment, and that's certainly a good development.

And wasn't congress and the senate during those years controlled by Republicans? You can't simply blame Clinton. Or what about the 1980s "bubble", fueled by M&A and junk bonds? The bubble that just recently popped by all accounts started with Reagan. Every politician is implicated in this...

You think I haven't seen this video? This is what I was referring to, when no matter how much we learned about the crisis someone had to come back and blame politicians. Better than blaming politicians, but blaming Democrats! Man, the Democrats and Republicans are like Coke and Pepsi. Anyone...

So after all this time we go back to blaming the politicians? Yeah, really good analysis. Politicians just take money from whomever is handing it and do as they're told, blaming the politician is like blaming the PR spokesman of the company for what's happened. The power lies to those who...

But don't forget he LET the financial crisis get out of hand in the first place! He was frequently criticized as being too lax during his early time at the Fed and the Fed is a regulator of bank holding companies and he didn't do squat to prevent them from taking on too much risk! I mean...

A bunch of bankers. I recognize JP Morgan on the $2 bill and Paul Warburg on the $50 bill. This Larue guy seems to be a really crazy self-serving prophet however..

Here comes the world government! Listen to what the solution is, international body with the power to reform monetary system! First you delay local country-level regulations and reform, and then you say the ONLY way to get reform is to do it at the international level. The policy is very...

Nice, here in Canada Sprott is a pretty big deal, they're really good. Of course they also have similar viewpoints on commodities, gold etc

I live in Canada and I really don't understand why we are having a housing boom across the nation. House prices are either at the same level they were before the crisis or in some markets, above. There is clearly something wrong with that when you think the unemployment rate is much higher and...

You guys are too funny.. :p

How are derivatives values calculated? I'm talking about interest rate swaps, credit default swaps etc I mean, what value do they have, their future cash flows? I guess it's not the end of the world if bank A has 500 trillion of CDS on bank B while bank B has 500 trillion of CDS on bank A...

Only with the help of the government! :D

There is something really fishy that Haiti is all of a sudden dying of thirst and hunger, I think people are realizing that. There is too much focus being put on charity but the problem is much bigger. Haiti has to import food even though it is extremely fertile, its local agriculture has been...

There is some advantage to first mover advantage and from developing specific knowledge of that new technology (every new technology must be perfected). As for copying someone else for free, that's exactly what Wall Street does, and the ensuing innovation is what keeps margins from falling once...

I'm sure a health care VIDEO that's marketed at the masses is the epitomy of intelligence. Funny you talk about reading the health plan and serve us a video. Uh, reading means word and stuff, it means a pdf link or something, not a youtube viral hit. (the dumber the youtube video, the more...