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  1. R

    here is why India can't catch up China... and why China can't catch up US

    Interesting articles (at least to me): http://sun-bin.blogspot.com/2005/08/china-vs-india-and-muslim-world.html http://sun-bin.blogspot.com/2008/06/world-gdp-per-labor-capita.html Eventually what really counts is an open system within which everyone can be given the same opportunity and...
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    The New Soviet Union - Surprise, Surprise...

    BTW, to be fair to the Russians, personally I think that USSR was a big player than US in defeating Nazi Germany. The eartern front claimed much more lives and drew much more resources frm Nazi Germany than the western front. Even though even if Hitler didn't lose the war in the eastern...
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    The New Soviet Union - Surprise, Surprise...

    Actually I am not so sure whether this is true. I once read a book about Hitler and Stalin. It said that Stalin was very uneasy about his identity. He had done lots of things to prove that he is more Russian than the native Russians. One of the things he did was to be particularly harsh to...
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    The New Soviet Union - Surprise, Surprise...

    Actually this is far from true, the last dynasty of China is Qing and their ancestors came from Manchu area. A huge portion of it was taken by Russia. Lenin once signed a treaty promising to give it back to China but Latin later broke the promise. The land area is about 5 times that of...
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    The New Soviet Union - Surprise, Surprise...

    US household net worth is very high at $59T. Federal debt is ~$9.5T so US citizens can afford. http://www.economistblog.com/2007/12/06/us-household-net-worth-at-record-high-of-59t/ China household net worth is <$3T but the government has ~$13T. So US household is wealthy but the...
  6. R

    Why do the Shanghai and the Hang Seng continue to bleed?

    Another big reason is that last yr's earnings were inflated due to the listed companies' huge profits from their investment in the stock market. So worse stock performance results in worse earnings and then even worse stock performance.
  7. R

    Why do the Shanghai and the Hang Seng continue to bleed?

    Here is the real reason.... Most of the shares in China market are not floated, but the government has decided to float more of them to make the stock market really more market-oriented. In 2008, 135B shares will become floated (RMB2-3T). Here is a table showing how many shares become...
  8. R

    The truth about oil, gold, trading, the market, the olympics and the big dump

    The Bird Nest costs $300-400M. I remember that the latest Batman and Spiderman cost similiar amt to produce. Can we tell for sure that it is not a better investment than the movies??? The Beijing Olympic openning ceremony is a huge success. There is news frm London saying that they feel...
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    US debt breakdown

    US liability is big but to me they are just borrowing from other countries to make even more money... this is a good thing to US. Here is a report showing net worth of different countries in the world. US is simply the most wealthy country in the world (~44T, around 1/3 of WW total wealth).
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    US debt breakdown

    http://mwhodges.home.att.net/nat-debt/debt-nat.htm Do you think the calculation is reliable? A few things come to my mind: i) Out of the ~$10T public debt, 50% are held by the US government itself (to fund Security accounts or other things), only ~25% are held by foreign government (the...
  11. R

    any website showing PE of major stock markets??

    http://www.crestmontresearch.com/content/market.htm All the charts.... These are the best charts I hv ever seen...
  12. R

    any website showing PE of major stock markets??

    This one shows real return.
  13. R

    any website showing PE of major stock markets??

    http://socialize.morningstar.com/NewSocialize/forums/thread/2521914.aspx not exactly want I was looking for but the chart is really interesting.
  14. R

    any website showing PE of major stock markets??

    Can someone suggest a website where I can find the PE of all major stock markets in the world??? It is best if the info is in chart form. Of course the charts/figures need to be updated periodically to stay accurate. thx.
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    Who is best trader? WHY? What strategy do you guess they use or used?

    Just find this article... He seems to rely on the fundamentals and be remarkably accurate. It is so hard to understand why he can be so accurate as natural gas market is so wild. John Arnold tells it like it is...
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    China stocks to take off again on 08.08.08?

    Export is 40% of GDP. The problem is that the figure "export" here is a gross figure. Actual net GDP contribution is much less. When the economists estimate the net GDP contribution, they hv already included below things: - worker income - company earnings - tax to government So the...
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    China stocks to take off again on 08.08.08?

    Most ppl here may not be able to read the Chinese but the table on left hand side shows the 10 top exports... 9 of them are machinery/electronic goods. The table on the right shows the top imports (1st: crude oil @$9.4B, 2nd: CPU/MCU @$5.8B, LCD panel @3.5B, etc)...
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    China stocks to take off again on 08.08.08?

    import/export by trading partners http://gbcode.hktdc.com/gb/info.hktdc.com/report/indprof/indprof_080103.htm some explanation on the import/export http://www.eiahk.com/cenartic_426.html Machineries/Electronics account for much a higher share than shoe/shirt/furniture. China will...
  19. R

    China stocks to take off again on 08.08.08?

    China is not an export-driven economy as most ppl think. Of course so many things are made in China but it doesn't mean that the GDP contribution is big. Here is an arrticle from Economist explaining the case: http://www.economist.com/finance/displaystory.cfm?story_id=10429271
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    Confessions of a risk manager

    Spoilsports In their eyes, we were not earning money for the bank. Worse, we had the power to say no and therefore prevent business from being done. Traders saw us as obstructive and a hindrance to their ability to earn higher bonuses. They did not take kindly to this. Sometimes the...
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