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eh, fed propping it up with secret QE?

it doesn't take a lot of sense to figure 474 b is not going to quite cut it, besides its in the fed's interest to minimize the figure on the books, so u can be sure whatever tricks possible to reduce the number is already used, no banks will lend u 1 mil over 360 days and state in their books as...

my guess is if there is a complete audit, the amount is much larger

what is 50% priced in due to the 50% that believe there will be QE and vice versa?

the thing about obama is that he's taken on more than he can chew, he's quite the b.s. guy but b.s. doesn't help to be able to run a country, also having really messed up he has to go blaming everyone else but not himself, not to mentioned all the questionable characters he has on his side, with...

i saw this tv interview the other day from a senior VP or P of moody's that claims the US downgrade is an eventuality, in fact he even went as far as saying their calculations of the US debt was like 211 T way above the 14.3 T, but they still keeping the top ratings for the US without...

given the inflation felt by people on top of the high unemployment, any more QEs may really ignite chaos

good one, a scummy character at best

whether gold look good or ugly as a jewellry really depends on who is wearing it

for each restructure greece will have to concede something, by the 10th times likely the whole of greece be owned by the banks and greeks will have nothing to show for, the smart thing to do would be to default, at least they will still own the country, either case they will still have to start...

guess the only criteria to become a politician is be less than incompetent

This is a case of having one lion is better than a 100 sheeps, simply put they didnt have good people in charge of the police

no short selling, but printing to infinity is allowed, to rig the game to long side, if they want to set a level playing field then they should ban printing, little wonder all the players are leaving, which is why u see the economy being crap but the markets seem to hold because it doesn't...

If its a 10 y old killer on a rampage, u still think so?

What i dont understand is this people r blatantly setting fire and attacking people so why dont the police shoot them dead before they harm or even kill others. One word to describe: useless

if there is no biz conducive environment everything from stability to infrastructure to legal, without which buffet cannot conduct his biz, u ask where he gets that 3 m benefit thats what he pays for

goldstandard, that is one hell of a deduction, tks for writing

that is a very good point, taking out the middle man (Fed), when you don't have to pay the middle man, its cheaper for everyone

u all forgot indirect tax, makes all other taxes look unnecessary

it be interesting to see how long this imbalance can persist, poor gov't, poor masses, rich banks and corps, rich few, cost cutting aimed at the poor sector, free money and tax breaks for the rich sector