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  1. K

    More Evidence Great Depression II Is Here: 30mm Unemployed in U.S. (19% of workforce)

    While there are certainly poor people in America, most of the "poor" people are not poor at all. Compare poor Americans with poor Africans, Latin Americans, etc. etc. Poor people in America are obese whereas poor people in other countries are starving. Hardly a qualified definition for a...
  2. K

    Carry Trade again?

    Noob Forex question: How is an individual forex trader paid on a carry? Daily debit to the account? How does the specifics of this work?
  3. K

    $73,000 for a 1 night stay in hospital because of a snake bite

    Your example is completely unreasonable, but the concept is quite true. The hospitals have to charge an amount that is at least somewhat comparable to other places (you can't charge $1,000,000,000 for a snake bite for example). If you live in an area with few or one hospital within...
  4. K

    $73,000 for a 1 night stay in hospital because of a snake bite

    The increase in taxes doesn't even come close to the amount of money you pay for healthcare. Check out some of the other healthcare threads for this discussion.
  5. K

    More Evidence Great Depression II Is Here: 30mm Unemployed in U.S. (19% of workforce)

    I've heard people ask you this question but have never read a response from you so I will ask again: What exactly are you personally doing to prepare for "the reality that is unfolding"?
  6. K

    More Evidence Great Depression II Is Here: 30mm Unemployed in U.S. (19% of workforce)

    I sincerely hope you don't put any actual money down on this wager...market bets or otherwise. China has continued to grow its economy through this whole mess... China will absolutely be the #1 economy in a matter of years, betting against it will cause you to go broke.
  7. K

    More Evidence Great Depression II Is Here: 30mm Unemployed in U.S. (19% of workforce)

    This is laughable. I can't believe some people actually believe it will get this bad. Think of other economies around the world that have declined/collapsed (think Russia). Times get tough but by no means does it become a third world country... The very idea that some bears think the USA...
  8. K

    GM + Ebay is brilliant

    Japs know nothing about making trucks. This is one area where the American companies should continue to control.
  9. K

    A test to see if you are an atheist or not.

    This is the reason there will ALWAYS be believers. Unlike myself, some people are willing to believe in something they are TOLD is true. Without the ability to prove that god does not exist (because we don't "see god" until we die), there will always be believers.
  10. K

    $73,000 for a 1 night stay in hospital because of a snake bite

    The reason this doesn't work for healthcare is because most of the time you don't have the option as to which hospital to go to. You get bit by a venomous snake, you rush to the nearest hospital ASAP, not the one with the best cost/benefit.
  11. K

    Nouriel Roubini warns China could cause commodity price slide

    Wouldn't suprise me one bit. Pump it higher, short, then slam it to move price lower = easy way to profit. They're all the same...
  12. K

    The Unemployment Numbers Are Made Up

    Very good point. The numbers aren't perfect, but it's the best we have to go on. As long as they are comparable between periods, that's all that matters.
  13. K

    $73,000 for a 1 night stay in hospital because of a snake bite

    LOL. In any other country you would have got the same treatment for a tiny fraction of the cost.
  14. K

    Uncle Sam wants a $2 Trillion increase on his credit card.

    Indeed. If the limit gets extended, why bother having a limit?
  15. K

    I'm Starting A Manure Business

    How can you say earnings expectations were "set low" enough so that they report beats? Consensus estimates are just that...consensus. As stated in my previous post, how does one get all of the analysts, company's etc. etc. to collaborate and artificially lower estimates? The unemployment...
  16. K

    I'm Starting A Manure Business

    So all of the Wall Street analysts, market pundints, and company CEO's/CFO's etc. all collaborated to make estimates artificially low in order to make things look good? I don't think so. In reality, those estimates were so low because everyone thought the economy would be worse off than actual...
  17. K

    I'm Starting A Manure Business

    Permabears....will they ever learn? 1. Even if you look at U6 data it shows improvement. Calculate the unemployment rate any way you want (consistently over the past year) and you will see that the trend is positive. 2. P/E's mean absolutely nothing in this market because nobody knows...
  18. K

    too much good news is actually bad!

    Nope! That's because the economy has IMPROVED since three months ago. Hence the continued rally, hence the better jobs numbers, hence stabilization in home prices, etc. etc.
  19. K

    stock_trad3r was right

    No, you don't. But the rate at which he is posting now that he's registered suggests that he doesn't like to just sit there and read posts, he likes to comment. Just suspicious because stock_trad3r spontaneously started posting today, at the same time that this guy pipes up praising the guy.
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