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I heard that there are almost no prospects for chemical engineers. Bad degree to have.

Well I don't. The problem in the US for the last 20 years was that wealth was shipped out the country, and all we got was cheap interest rates as a result. Any trade gap narrowing is good for this economy.

Structure commodities like mortgages? Commodities for speculation? What do they do, buy iron and store it in your basement until you expect the price to be higher? Haha, dumbest trade yet. Did they ever hear of the futures markets! The whole chinese population should start trading futures...

Lol. Yep. Stimulus money don't hit that fast, it's all bank loans and relaxed standards. But their economy is still in good shape, I would think. I mean we had 25 years of a bubble economy from the 1980s! It's not over.

Remind me to throw up. Good thing I like my raw meat red.. If you want to save even more money, don't eat meat! I eat vegetables like peas.

Thank you for your input, but you must tell me how real estate DOUBLING in 6 months isn't debt fueled speculation but conservative economic development. Did that economy around that area double? And to think that most people use cash to buy houses, nonsense! One, if everyone uses cash, I can...

His hedge fund went from 4 billion to 1.5 billion. His investors lost 60%. Life's good with other people's money. :p

The unions will own the other 28 percent :D To be fair, all of these percentages will decrease as the new GM will have an IPO. Slowly, all 3 groups will divest in the next few years. It's just that they brought the most sacrifices, so they will end up recovering part of the costs in the IPO.

Yeah, they definitively benifitted from some good old sleigh of hands. Is it already business as usual for those surviving banks?

Some good comments already from my american neighbors, here's another : Regulation in Canada is split! The Bank of Canada (the central bank) does not have regulatory powers over the banking system, unlike the Fed which has huge powers, or rather responsibilities over the banking system...

What I don't get is how he called the subprime crisis in 2005, at 19 years old, when house prices were still going up! Meh, a bit jealous. And to own 80 stocks and achieve such incredible returns? Come on. At least admit he had a different strategy before, you don't own 80 stocks when you...

Same thing happened in the great depression, farming was done by americans, mexicans were chased away..

Hell yeah! It's called deterrence. These criminals in suits are pansies, kill their family and they'll think twice. What would be wrong would be to have Madoff steal billions for decades, then he gives it back, and he's let go. Sure, let me steal from banks then..

Absolutely, congrats on getting it this far. An audit of a "government" institution, how quaint really. It's ridiculous not to want transparency and reduce the power of the bank-owned fed. But it must first pass the house and then, the senate!

And lack of human rights! Easy to order people around. China's secret to getting out of the slump was a huge stimulus spending and encouraging banks to lend. They are using their own money finally instead of relying on foreign financing.

It's not that difficult to prevent it from happening. Really really hungry people caused the french revolution and killed almost everyone who was either a noble or a clergy(equally corrupt). Governments are toppled all across the world, every decade there is one, with democracy brought in, or...

It's not a mystery, it's short covering.

So much for the buyout of Rio Tinto being a "business deal" :p . I guess the business deal includes asking your friends in government to impose trade sanctions. I'm proud of the Aussies, they should actually make a profit on THEIR resources.

Hey maybe, but if your goal is to be financially independent, your goal is to be financially independent. She can go with you, and have fun every day once you guys retire. Or she can go with that "career man" that spends every dollar he has, or saves just enough to retire to 65.

http://www.youtube.com/watch?v=Ab4m7WzxXOk edit : Fucking Viacom