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Italy is in bad shape as well. 115% debt to GDP. http://www.economicshelp.org/blog/economics/list-of-national-debt-by-country/

Have you built a bomb shelter in your backyard yet? It must be tough living every day as if the world is going to come crashing down on you at any minute.

And so they should be. How else can you compile these statistics? Should they put a limit on how much you need to make per year to be considered employed? A person working full time at McDonalds only makes say $25,000/year. That isn't very much money; I don't think they should be included as...

Not all that suprising. The USA has been increasing its protectionism since the first bailout package with their "buy American" clause. Canada was only recently exempted on this after months of lobbying. Does anyone else find it hilarious that China is complaining about another country...

I like the comment above about Tiger being lucky on all of his majors. If you're saying Buffet is just lucky, you're basically saying nobody can make outsized returns on investments. Which means you should buy the index and stop visiting ET.

Nobody stands a chance against the Canadian skiers on our home turf! Nice picture though :)

"Levels" are irrelevant. As conditions change, so do expectations. It is perfectly logical for someone to be a bull @ DOW 12,000 as it was rising but then switch to bear @ DOW 12,000 as it was falling.

None that I am aware of. But who knows?

I was very impressed with his bottom call in March which was almost exact to the very day. But then he turned bearish in the summer of 2009 which was obviously way too early.

+1 :D

Let's think about this logically. Do you really think your broker is out to get you when you're trading 1 lot (I'm willing to bet that most of the people complaining about a scame are actually trading mini's)? They are dealing with millions and millions of dollars each day. Who gives a fuck...

Speaking of the "where is the......" crowd, I haven't heard too much about the supposed commercial real estate collapse lately...

Miranda Kerr.....hottest girl in the world... Keep up the good work PA, you've been lighting it up lately in this thread!

I disagree. There will always be a need for people to invent new robots, build robots, maintain robots, etc. etc. etc. There is no possible way people can become obsolete. You are watching too many sci-fi films. Think about what someone 100 years ago was probably thinking. If you told...

:D Exactly. The ones claiming it's a scam need an excuse as to why they lost a wad of cash.

Where is the option for yes because I don't care about American taxpayers and would like to continue making money being long?

Nope. Temporary excess of labor. Once baby boomers retire many jobs will be opened up.

Oh no! I guess this means we're headed for 80% unemployment!:eek: Productivity gains make products cheaper. Cheaper products increases demand as more people can afford them. There have been productivity gains throughout the entire history of world... The economy evolves and people find...

Then he shouldn't give trading advice.

How will they afford the gold? Once they "dump" the dollar, it's value will be a fraction of what it is right now.