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  1. T

    I am f$%^%$g sick of Populism!!!

    I know this stuff about the CRA will just keep getting repeated & repeated with no factual evidence to back it up, and so this is like spitting into the wind; however, just because I'm tired & and don't really care how hopeless introducing facts to folks who care only about myths is, I present...
  2. T

    It's Begin: China Needs U.S. Guarantees for Treasury Bond Holdings, Yu Says

    Comes with a very big cost. If you're implying that's what the Chinese are after, maybe in the long term. Right now, it's the last thing they want.
  3. T

    It's Begin: China Needs U.S. Guarantees for Treasury Bond Holdings, Yu Says

    Trash the dollar against what? The pound? Forget it. The yen? Come on. The euro? You must be kidding. Really, in the currency game, it's all relative. They're all trash anyway.
  4. T

    Our understanding of monetary system is wrong?

    Actually, truehawk described a complex urban economy quite well, and your musing leads you to the same place. In a big industrial city, most of the business transacted is between businesses. The retail end that actually contacts the consumer is quite small, in comparison. For instance, Mayor...
  5. T

    Could this be the beginning of the end of Fractional Reserve Lending??? A major .....

    Precisely. No one will take you seriously, of course. But the whole reason money market funds became so popular is that they offered higher yields for what most people perceived as only slightly higher, if that, risk than a bank deposit at an FDIC insured bank. Now that money markets have...
  6. T

    Flaming Wreckage of Property Values Since Zell Sold Equity Office Prop To Blackstone

    Remember that very fondly. Got out of Equity Office at a price that wound up being slightly higher than the final price Blackstone paid. It was a beautiful thing.
  7. T

    Free Market Economic Ideas "have been tested, and they have failed."

    You're thinking is so muddled it truly defies comprehension. Banks have always engaged in "fractional reserve lending". All of them. It's what a bank does. It's their business. It is compatible with free markets. I don't know why you would think that the presence of banking automatically...
  8. T

    Free Market Economic Ideas "have been tested, and they have failed."

    In that case, since the beginning of the Republic. Read some history. Someplace other than online, that is.
  9. T

    Free Market Economic Ideas "have been tested, and they have failed."

    Fractional reserve lending has been around since the 1400's, at least. Where you people get your econ ideas is beyond my comprehension.
  10. T

    How bad will the recession get???

    Doomsaying is always fun; it makes the doom & gloomer feel superior, for one thing. But there's a reason periodic crises hit the US or the UK first and hardest: they're also the most dynamic economies on the planet, where citizens can start companies with minimal hassle. The most...
  11. T

    Strategy

    I use RSI. Forget the complicated nonsense that gets written about it, and use it in its simplest application: over 50 means the thing being measured is rising in the timeframe chosen, under 50 means it's declining. The other rule is just as simple and stupid: if you're using MA's, the MA...
  12. T

    Does volume figure into your trading?

    Volume does work in the way the OP says, but it doesn't work as well as following price. So, it's possible to use volume. It's even possible to use volume as your only indicator. It just won't work as well as price.
  13. T

    A reminder to all you imbeciles that didn't want ANY govt intervention

    No specific refutation. Just a lot of name calling. That may work with two year olds and their intellectual equivalents, such as yourself, but it cuts no ice with me. In other words, you never read it and you have no fuckin' clue what you're talking about. You're a disgrace to all three of...
  14. T

    A reminder to all you imbeciles that didn't want ANY govt intervention

    I have no idea why you're quoting that section, as it has precisely nothing to do with what I was talking about. Care to explain?
  15. T

    A reminder to all you imbeciles that didn't want ANY govt intervention

    Others have awarded other posts, but I'll just nominate this one for stupidest post I've seen yet. I don't think, in fact from the content of your post, I know, you haven't actually read the Constitution. Allow me to quote the relevant part to your incoherent screed as regards the UN: This...
  16. T

    Prosecutors: Madoff was ready to send out $173M

    I see. English isn't your native tongue then.
  17. T

    Prosecutors: Madoff was ready to send out $173M

    Please translate that back to English from French.
  18. T

    Prosecutors: Madoff was ready to send out $173M

    And this relates to your comment...how?
  19. T

    Prosecutors: Madoff was ready to send out $173M

    Dumb...and dumber. I swear this place provides truly endless entertainment sometimes.
  20. T

    The bear market rally is now done - Monday starts another downtrend - see attached

    I noticed yesterday b4 this got moved down here that the OP was awfully quiet. Probably had to dump those smelly shorts in the hamper...
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