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    US June Trade Deficit Widens to $49.9 billion

    And did the great depression II happen in the 70's, 80's, 90's, and 00's? There's your answer. Because trade protectionism is going to be the new wave of the future just like it was during the 30's. Oh but things will be "different" this time....right?:D
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    US June Trade Deficit Widens to $49.9 billion

    Ok..let's fix this...China's trade is dependent on trade imbalances with other countries. How long is that gravy train going to last? Not very much longer. :)
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    Trader Vic:Hyperinflation is definitely coming

    You mean a gold bug, with an agenda, thumping hyperinflation, just as gold is cratering? Who would have thunk it? :D This isn't 1975. This is more like 1933. Financial/credit crisis pretty much guarantee throw the possibility of hyperinflation out the window. We are going to need GDP at like...
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    The Middle Class in America Is Radically Shrinking. Here Are the Stats to Prove it

    Just imagine that you find a niche for a new business. All it requires is a rubberband and a quarter. No skills needed...only your time and your relatively small resources. Guess what will happen to your "monopoly"? ...it will be duplicated by the first "idiot" to come along...and fast...
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    The Middle Class in America Is Radically Shrinking. Here Are the Stats to Prove it

    I actually have a much simpler answer why this is happening. Technology has driven society so far forward that in order to be a productive and useful asset in society (in other words, have a good job), you also need to be above average in intelligence and skills. The days of needing millions of...
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    Jobs refuses to apologize for major Apple Security flaw

    Also...let's think about something else here...Microsoft has been target number 1 for hackers...wouldn't one expect that as a result of this, Microsoft also now has massive amounts of experience in dealing with security flaws? Whereas cutesy Apple which has never really been a target has...
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    Now job seekers has to pay appication and background check fees

    Read the article people. They aren't paying to apply...they're paying for their background check after they've already been offered a job.
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    Final Round Hedge Fund Interview Question

    Or you could do a pairs trade here. Who are their potential competitors? Amazon definitely comes to mind. Amazon is streaming digital movies along with so many other areas they are experiencing growth. How about a Netflix short and an Amazon long? Or long Amazon with NFLX puts, or sell NFLX...
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    How much is that degree really worth?

    Exactly...there is so much more returned from going to college than what people just see at face value.
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    How much is that degree really worth?

    Exactly... I did a co-op when I was in college. I went from working as a cashier in a store to writing software for Intel and literally quadrupled my salary overnight when I started that co-op. After 6 months at my co-op, my entire college education was already returned in value as opposed to...
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    How much is that degree really worth?

    I understand that definitely. But when the title of a thread is "how much is that degree really worth", it is obviously a loaded question. I would hope that any fool would be able to differentiate between a degree that gives you an invaluable skill vs. some fly by night art degree. There's...
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    How much is that degree really worth?

    I'm waiting for the first Nuclear Scientist or Accountant to get a job in those fields without a degree. Oh wait...that's right, you can't become a CPA without having a degree in most states. oops...my mistake, those facts don't belong here...resume the degree bashing...
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    BP Video showing Relief Well Effort

    Montara was leaking 2,000 barrels a day as opposed to this leak which is leaking at least 30,000 to 40,000 barrels a day and even more likely it is leaking far more than that. Apples to oranges. This leak is 15-20 times worse. Ixtoc was leaking 20,000 -30,000 barrels a day. It doesn't matter if...
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    BP Video showing Relief Well Effort

    Read up on Ixtoc...the chances that they'll hit the bulls eye with the first relief well is very slim. BP wasn't even going to drill 2 relief wells but they were basically told they had better. 900 more feet would be the miracle scenario. And even still, like I said, it could still be months...
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    BP Video showing Relief Well Effort

    They may be close to the DEPTH of the current blown out well, but they have to dig much farther to tap the well thousands of feet below where the current well is blown to be sure to knock it out of commission. Then after they finally tap the relief well, it will still take a few more months to...
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    BP is gone. Under 5 in 12 months

    Do you have any understanding of what owning a stock is? It means you are an owner in the company. If your company fucks up by destroying the environment, than those costs are coming out of your pocket. You buy stocks at your own god damn risk. You analyze not only the company, but the people...
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    BP is gone. Under 5 in 12 months

    Again...there was plenty of opportunity to get out of this stock with a mild loss such as I did. You've validated my point. When it became obvious how deficiently run this company was, proven by their inability to even come close to accurately measuring the flow when observers at universities...
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    BP is gone. Under 5 in 12 months

    What a bunch of croc. Any shareholder with half a brain would have dumped this stock as soon as it was obvious that BP was lieing about how much oil was leaking. I was a shareholder and the instant I found out that the estimates of how much oil was leaking was well over 5 times what BP claimed...
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    BP live video doesn't look good

    The pressure in the well is too much. The engineers are purposely letting the extra pressure vent because they can't suck the oil up to the tankers as fast as it's coming out. It's been like this since they put the cap on. Which is exactly one of the reasons I think this well blew up in the...
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    The Laffer Curve, employment and the Myth about Taxes

    ahh..the myth of Reagan and his taxes. I suggest you equally research how much government spending went up under Reagan. It wasn't lower taxes that stimulated the economy...it was out of control government spending under Reagan.
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