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  1. J

    How to "fix" the U.S. economy

    Could not agree more. I call it corporatism.
  2. J

    This really is starting to feel like 1932

    I fear you are Right I hope you are Wrong.
  3. J

    Fed Economist: Bloggers are Stupid

    No I dont wonder much about it. I just wait for it. :D
  4. J

    Fed Economist: Bloggers are Stupid

    First she is a woman, maybe she has her period. Second she is no economist since she is Keynesian. Third, I dont have time for her.
  5. J

    Krugman: The Third Depression

    Not quite so. Remember demand and supply also depend on elasticities. in the case of oil both demand and supply are very inelastic in other words not sensitive to change in price in the short run. Regarding the 145 oil price you need to take in consideration the impact the fictitious finance...
  6. J

    Is there life after debt?? Great article.

    http://www.economist.com/node/16426084?story_id=16426084
  7. J

    Help on Social Market Economy

    This weekend I will be discussing with friends the German socio-economic ideology of Social Market Economy. For only those of you familiar with this economic system I would appreciate your comments and opinions. Despite having many members of my family from Germany I would like your...
  8. J

    This crisis means the end of bullsh*t college and university degrees?

    I have a BS in Economics, MBA in Finance and now pursuing my MSA to be a CPA. My wife is a RN working on her Masters to be a nurse practitioner. We will teach our kids to do the same. This recession no matter how long is temporary, hard for everyone, harder for the majority.
  9. J

    Rethinking the universality of Economics.

    For a very long time Economists from all “schools” have been trying and theorizing economics under “the one universal prescription”. Imagine you go to the doctor and every time you have a problem you are faced with the same answer, same prescription and same doctrine. All...
  10. J

    Student Loans are a Terrible Idea

    That's nonsense. The cost of education= Universities rising their tuition like crazy+international students+US students. Easy money has nothing to do with cost.
  11. J

    Another day, another record high in gold.

    The real price is a term used in economics to estimate the market price of a good or service based only on its industry supply and demand....other things being the same. In this case gold is being use as shield for financiers, traders, investors and many others who seek protection of their...
  12. J

    China Signals End to Yuan’s Two-Year Peg to Dollar

    Very predictable. They need to do so because their currency has appreciated in real terms vs the euro. The eurozone is their 2nd biggest market and has overpriced itself by the fall in the Euro.
  13. J

    Another day, another record high in gold.

    There is no doubt that gold shields against inflation. But I fear there is also a little bubble here. Anything unsustainable overpriced is a bubble. No matter how important the asset is. Still I wish I had money to invest back in 2003 when I knew gold was going up. Like many...
  14. J

    Student Loans are a Terrible Idea

    As a student I did cash money I needed both for school and personal matters. However, that does not make the whole student loan system terrible, nor it is a bubble. No matter what you do you will always have to pay your student loans. It is virtually impossible to default on them and you...
  15. J

    Is Capitalism Doomed? How to Fix It?

    Corporatism is the main enemy of capitalism. After decades of mergers and mergers, loose monetary policy, inflation, reckless government spending we are left with multiple cross industries oligopolies. In order to save capitalism we need to break up monopolies and establish a sound...
  16. J

    Defending student loans and the American education system.

    I agree with you but my point is not based on "that it is not as bad as in 3rd world communist dictatorship". I wanted to also give my personal testimony and how I feel regarding student debt and professional opportunity in the USA which I think is awesome. And yeah miami is a shithole
  17. J

    Defending student loans and the American education system.

    You and only yourself have revealed your level of ignorance and mediocrity. Yet I am impressed you are so right about the issue on patriotism. I must say I agree with you 100%.
  18. J

    Defending student loans and the American education system.

    I dont mean to be disrespectful but I dont believe you. Even when all this depression here in Miami, if you were a CPA and MBA you have a job TOMORROW.
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