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    code error?

    can anyone tell me why this macro might not be working? Trying to use it to consolidate data from multiple workbooks to a single master worksheet. Option Explicit '32-bit API declarations Declare Function SHGetPathFromIDList Lib "shell32.dll" _ Alias "SHGetPathFromIDListA"...
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    Market control

    To give you a bit better idea of the trends. More recent numbers show the following. Porportion of US equity held by households in private accounts: 1950 = 90.2% 1970 = 78.5% 1990 = 56.4% 2000 = 39% 2002 = 41.2% Pension funds and mutual funds hold the bulk of the remaining at...
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    Market control

    Recent numbers are a little hard to come by, because most data comes from university research which is generally aimed at historical hypotheses. Anyhow, in 2000, individual investors held about 40% of US equities privately. About 52% of that was owned by those categorized as "wealthy"...
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    •Housing Suffering Relapse Confronts Bernanke With Credit Still a Conundrum

    I'm in UT. Our taxes are 1% of 1/2 of the assessed value of the home. IT is a stupid way to do it. I don't know why they don't just say 0.5% of the value.
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    •Housing Suffering Relapse Confronts Bernanke With Credit Still a Conundrum

    You're out of your mind if you think that you live in a low property taxed state. $1,000/month in taxes and insurance will get you into a 15,000s.f. ultra-luxury home on 5 acres of property in my state. If that is your situation, then paying $1,000/month wouldn't seem ridiculous to you.
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    •Housing Suffering Relapse Confronts Bernanke With Credit Still a Conundrum

    I get what you're saying, and your argument is valid in that the term "affordable housing" has become a catch phrase with a completely different meaning than the simplest concept of housing which is affordable. My problem is that I hear people blame low rates as a cause of our current...
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    •Housing Suffering Relapse Confronts Bernanke With Credit Still a Conundrum

    Not necessarily a correct statement. "Low interest rates do not lower the purchase price of a home." That is a true statement. Lower interest rates do make the home more affordable. At least that is true of a single transaction. Of course, over the long term, low rates simply cause an...
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    Portfolio Margin Broker Comparison

    I was with ThinkorSwim for a long time. Then I switched to Tradestation. Now I am switching to IB. The problem with ToS was two fold. First that the charts and data only refreshed every 1 second. That was killing me. Then, they didn't get up and running very quickly on the futures...
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    Why did the US send so much work overseas?

    That is an interesting perspective. Law of diminishing returns I guess. I'm still trying to figure out if there is something to this $4T number. Seems odd to me that for the previous 100 years, the debt and GDP seemed to have little correlation. If I go back 100 years, the picture gets a...
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    Rising Debt May Cause Sun to Set on U.S. Economy: Chart of Day

    I'm trying to figure our where he is getting the $52trillion debt number from. ???? {edit} Oh, he is adding in all consumer debt, corporate debt, and private debt. Also all financial sector debt. I see.
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    Rising Debt May Cause Sun to Set on U.S. Economy: Chart of Day

    Our interest payment on our debt is about 3% of current GDP.
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    Why did the US send so much work overseas?

    Ask and you shall receive. Attached is a graph comparing GDP to Public Debt since 1969. Both have been adjusted to 2008 dollars. I realize that I'm gonna catch a ton of flack for this graph, because there are so many out there who are claiming that the debt is simply exploding. I don't...
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    Why did the US send so much work overseas?

    You're right. Point well taken. Median income for males here was only $32,000 and for families it was $39K. Average family size here is 3.5. I live in Utah. The house I referred to cost $190K and is very typical of homes built in the late 60's early 70's. Ranch style. There are tons of...
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    Why did the US send so much work overseas?

    Yes, but it depends on where you live. If you choose to live where housing is expensive, then no. Where I live, $35K a year will get you a 4 bdrm, 3bath home, 2 cars, health care, and food on the table. How do I know, because two of my siblings and a few of my friends are in that exact...
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    Why did the US send so much work overseas?

    The answer lies in the definition of middle class. Americans are in a race to become upper class, and will send more workers into the market to achieve it. Real individual incomes are increasing over time as I've demonstrated above. But that isn't enough for us. As a population we want to be...
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    Why did the US send so much work overseas?

    You're right, the numbers were presented in response to a ridiculous article that tried to blame Bush policies for lower household incomes. I felt I should provide the real numbers since I'm a bit bored right now. The nail in the coffin for that article are the stats for the number of...
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    Why did the US send so much work overseas?

    Only a bit more research shows that there was a pretty significant shift in work force demographics from the Clinton terms to the Bush terms. The proportion of single workers (never married) rose by 7% under Bush. The proportion of Married workers in which the spouse was present fell by 3%...
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    Why did the US send so much work overseas?

    No, you've mixed up median and mean. Median is the point at which 50% of the people are above it and the other 50% are below it. The mean is where everyone comes out to be a millionaire.
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