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  1. R

    Is China actually bankrupt?

    You still here? Are you back from under your rock to be humiliated some more? Because just a few short minutes could pull out a great number of threads where you made a fool of yourself. Let's focus on the discussion instead of this troll.
  2. R

    Sweeping financial legislation proposed

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aIYoey051ty4&pos=1 The problem that I have is that it's all integrated into the Fed, who will only enforce what will benefit its Wall Street board members.
  3. R

    Social Security to start cashing Uncle Sam's IOUs

    It's all coming home to roost. I wonder if China and Japan are happy with the additional Social Security borrowings :p
  4. R

    True Beauty?

    This clip is years old. Worse, Dove, the humanitarian brand that created this video, is now marketing Dove for Men! Yeah, because Dove wants to help Men's self-esteem. It's all about money.
  5. R

    The worldwide war on baby girls

    Only the most broke men will find themselves bride-less...
  6. R

    Should minimum wage be lowered?

    Well you have to take into account the standard of living. Back in 1949, no one, no matter how rich, would have been able to purchase a Dell laptop. As technology improves, each dollar can buy more, but that doesn't mater someone necessarily happier. The huge debts that people have today...
  7. R

    From CEO to pizza delivery driver

    The stock market may not be a zero sum game, but short term trading like those of hedge funds is. For the stock market to be positive sum, you need to bring in the inventors and new companies. Simply merging companies, restructuring them and trading derivatives creates no prosperity. And...
  8. R

    If you apply to 759 jobs and get 0 is it you or the jobmarket?

    Lemmings have been proved to not commit mass suicide. Disney made a movie about them long ago that showed that but it turned out it was all staged. If humans die, then so do consumers, which decreases the overall workers to produce stuff etc It's not a solution. But the topic is a very...
  9. R

    Best Jobs in America

    I have a feeling that whomever creates those charts wants the price of those professions to come down. It's like holding a huge banner saying "Hey look, enter this field!!". So within this context, day traders don't fit the scheme.
  10. R

    Jim Rogers: "I'm long the Euro."

    I thought he was the worst trader ever! Liar
  11. R

    China to Nullify Financing Guarantees by Local Governments

    My understanding is no. That's because your futures contracts are held at the CME for example. Your counterparty is the CME.
  12. R

    China to Nullify Financing Guarantees by Local Governments

    Do you have a link? I'd like to read it. Considering that the article says there are $3.5 trillion in funds borrowed to pay for local governments, this means that this current way of financing has been going on for a long time. It's quite possible the central government has tried to put a...
  13. R

    If you apply to 759 jobs and get 0 is it you or the jobmarket?

    Employers are using the recession as an excuse to drop wages yet again. I understand your point and I would probably take a lower position and then prove myself, but employers are offering people with college education (and huge debts) Wal Mart-like jobs. That only leads to eternal servitude...
  14. R

    China to Nullify Financing Guarantees by Local Governments

    Wow, it's good to be the king! So first the government provides guarantees to facilitate loans to get the economy going. Then they cancel the guarantees once it sees huge losses in the future. All the fools who took out the loans thinking their downside was backstopped by the government...
  15. R

    15 Facts About China That Will Blow Your Mind

    That's true actually... I did sort of incorporate that analysis in my previous post but you hit it on the head. With the US government spending, it's hard to actually generate VALUE and thus pay the interest. So what ends up happening is taxes increases to pay the bankers. Basically the...
  16. R

    15 Facts About China That Will Blow Your Mind

    I don't understand what the implications are. The implications are that China can prop up its economy with government stimulus whenever it wants. While the US must always give control to the bankers for everything the government tries to do. Hence the US has small government controlled...
  17. R

    Is this legal?

    Labour union laws in the US are very weak, I wouldn't be surprised if it was illegal but was not enforced.
  18. R

    Faked Gold Bars With Bank Origin Found At W.C.Heraeus Gold Foundry

    This is very troubling, but like a previous thread here, I guess it does happen. It's now time to track down the smelter who made this gold, then things will start getting interesting. And on a sidenote, does anyone believe Fort Knox holds any more gold anymore?
  19. R

    Sarbanes Oxley Software=backdoor fraud

    Heh, fascinating. The problem with frauds is that they're not sustainable, why would the government support them? Are the fraudsters in charge?
  20. R

    Bernanke delivers blunt warning on U.S. debt

    That comes to 7% annual inflation! Guess the Fed numbers are wrong...
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