Search results

.................................................... Lack of options ....is a reason.... Prices horizontal ? The question being "how long ".... And actually the low interest rate trap....is key in valuations....and thus banks' books.... ie the norm for LT debt 2% for 10 years...

ie Argentina..... 2002 buy apt. < $100k 2007 sell apt > $100k At some price it works.... China buys a RR....ie Buffett....ie 49%/51%.... Inbev buys BUD ....the more problems the more drinking...? Even busted economies move beer....and cheap food.... And use...

............................................................................. perhaps they have to take radical steps just to return to some recognizable "somewhat temporary" seemingly norm(s).... THIS is the illusion.... You are spot on....how can it be any other way ...

................................................ Correct.....how can they not know this ? Review the wiki countrys' tax rates.... Review the Pelosi Health program per capita take.... Note the coming tax increases..... Note the inability to change tax structure that would...

............................................................. Yes and No.... What would happen if China nor Japan could no longer buy US debt ? This is the question....

......................................... Good stuff.... Perhaps this should be called the "Volcker Blip".... Wonder what would have happened to the US by now if it were Bernanke instead of Volcker ?

......................................................................... Exactly.... When the currencies are relatively strong.....then time to buy US dollar assets on the cheap.... When the currencies are weak....then time to sell trinkets in mass.... The cycle continues and never...

............................................................ Exactly.....and will take out all the stops to continue to sell their trinkets....ie keep their currencies down.... ie Would Americans object if China devalued their currency by 50%......nope....they "WMT" would love it...

..................................................................... Valid point..... The confusion lies within the "growth" required to sustain what is being expended....living beyond one's means.... This has become a built in US assumption.... Obviously the answers lie in...

.................................................................. Correct.....but is interesting that the foreign politicos are getting nervous about it.... Perhaps the bigger surprise is going to be the day that China and Japan have internal problems such that they actually have to sell...

http://www.bloomberg.com/apps/news?pid=20601087&sid=a_4PcxlBMzzc&pos=5 A weakened dollar re-industrializes the US while negating industrialization in foreign countries....? More than one way to skin a cat ?

1000% Correct.....in the short run....as mentioned in the video.... The short term part he was plus....the long term ....not good.... Because the short rates are so low....he moved from a steepner to the cap strategy.... So actually the trade is not over..... The play is all about...

As Robertson suggests in the above commentary and 30 min video.... The wild card is whether or not it will be the choice of China and/or Japan to continue to buy US debt....because of their own internal problems.... What if economic conditions in China/Japan warranted the selling of US...

http://www.marketfolly.com/2009/09/julian-robertson-shifts-from-curve.html

.................................... It is not going to be THEIR choice.... It is going to be somebody else's choice... THOSE that have the $.... It does not matter what one needs.....it is what the loaner will accept....

Personal opinion.... > 10% The battle of the fiats ......"is on"..... When....nobody knows....nobody.... Nobody knew when Carter was Pres.... and Volcker took the wheel..... Volcker would be an interesting person to pose this question....

This is easy.... Look at where he gets his milk.... PIMPS WHORES “In fact, you couldn’t have had the assisted takeovers you had,” said Gramm, now a vice chairman at the investment bank division of UBS AG, Switzerland’s biggest bank by assets. “More institutions would have...

http://www.ft.com/cms/s/0/ad299408-cdd9-11de-95e7-00144feabdc0.html?nclick_check=1

Actually this is quite shocking..... Personally I would like to thank the Townsends and Putnam for having the balls to complete what they set out to do....thereby enabling the trader to post between the bid ask on their own pc....via ARCA....RealTick.... Hats off to the Townsends and...

Agreed as in A Greed