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The US government will destroy the dollar because they just don't care anymore. They will inflate and hyper inflate using the crisis as reasoning to do so. One day soon people will realize that the banks are very well capitalized, with monopoly money. The prior crisis will be over but a new...

A VAT would go against Obama campaign promises of no taxing the middle class to pay for healthcare.

Don't get me started on John Edwards. At least his political career is over so we won't be seeing his smiling narcissistic SOB face on tv anymore.

The 90s was a tech fueled productivity boom. There was a tremendous demand and supply for technological goods and services, reaching ever higher equilibrium points. Towards the end of the decade a speculative bubble formed in tech stocks. It popped just as demand for tech was peaking causing a...

If foreign governments were to stop buying US government debt... Yields on US treasuries would skyrocket. Fixed rates mortgages linked to LIBOR would become unpayable for most. Economic growth would be negative or non existent. High inflation is very bad for growth in general...

This market is too interesting. Every day it is a battle between salvation and damnation.

You give the example that a richer person has a propensity to consume 1 paying £100 in taxes. Also that a poorer person has a propensity to consume 0.7 paying £70 in tax. You argue that if you increase taxes on the richer person, and decrease taxes on the poorer person aggregate demand will...

So you think gold is overvalued? The active ingredient in prescription boner drugs a couple times the cost of gold. The real bubble might be in boner drug prices.

I think we could be coming to the very bizarre situation in which the economy is terrible but stock prices are high. Stocks could stay elevated due to inflation fears, along with buyers willing to pay a premium for stocks anticipating a recovery. How long this can continue is anybody's...

The current "end the fed" movement may be bordering a cult like mania. However the consensus of continuing with the fed's centrally planned economic policies is collective insanity.

I need advanced charting software that can create custom graphs. For example divide the Dow by the price of gold and create a graph. Something that can chart 2 different stocks in relation to each other. Anybody know the most efficient way to do this?

"After 60 years of working day and night I gradually acquired a deep understanding of the movements of the rice market." -Homma Munehisa famous 18th century japanese rice trader. Its never easy. It wasn't easy then it isn't now. Just keep working.

Yea he can keep making these 100k trades until there is no more equity to do it with. Proper risk management is lacking from neke's strategy. What the point of making big $ one week if you give it back next week?

You main costs will be the spread. The spread on ES contracts is enormous.

The guys right, to some extent. If you have a business that has higher return of assets than after tax borrowing costs you should borrow more. That is assuming you believe you will be able to maintain that return on assets. Households do not operate like businesses. An increase in household...

With a name like that is got to be a good break out stock. :) Buy indiscriminately until it hits $50.

Are you trying the nothing is forever argument on me? :) Seriously though there are much more stable forms of banking than the current US system. The problem isn't the fractional reserve per say, it is the current implementation of it. The current system has a mathematical tendency towards...

-45 That could've been an expensive lesson on why not to counter trend impulse trade the euro futures after hours.

Fractional reserve banking itself is flawed. The world doesn't realize this yet. It doesn't matter the country. Here's why: Even if banks only made loans to credit worthy people the system will still collapse. This is because of a key factor: interest. Banks take on deposits and must pay out...