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  1. peilthetraveler

    China caught in "dollar trap"

    Global union? Yeah...because unions worked so well for the employees of GM.
  2. peilthetraveler

    article: Millionnaires Go Missing

    If the middle class are strong, then i guess they dont need the riches tax money. Lets put the shoe on the other foot college trader. Now lets look at your income. You probably work part time at walmart for $8.50 per hour 25 hours per week which comes to 10k per year. 60% of the world...
  3. peilthetraveler

    Obama nominates a racist

    I dont think Obama or this new judge understands that you cant use empathy on the bench because then you will end up judging on your bias's. For instance, if you are for gay marriage, then you are going to empathize with the gays and most likely wont even consider the feelings of people who...
  4. peilthetraveler

    Want to see your life flash before your eyes?

    Enjoy. <embed src="http://www.tangle.com/flash/swf/flvplayer.swf" FlashVars="viewkey=d6778e2bf2be7156f3c9" wmode="transparent" quality="high" width="330" height="270" name="tangle" align="middle" allowScriptAccess="always" type="application/x-shockwave-flash"...
  5. peilthetraveler

    All speculation is over for now, the biggest speculators (banks) are broke!

    So where did the trillion dollars of Tarp money go?
  6. peilthetraveler

    "Permanent job loss" fallacy. There is no permanent job loss!

    Ok...so by that reasoning it is impossible for GDP to drop. I mean there is no way it can drop here or anywhere in the world, because if people stop spending money on one thing, they will spend it on another. (I think you just painted yourself into a corner) =D But now im starting to...
  7. peilthetraveler

    "Permanent job loss" fallacy. There is no permanent job loss!

    Ok...so basically what your saying is that after a few YEARS people will have more disposable income. You say long term, but cars dont last forever and people dont keep them more than a few years anyway, so you can really say those people will have disposable income once their car payments are...
  8. peilthetraveler

    China caught in "dollar trap"

    For any of you that dont think the dollar could ever collapse, here is a news report that tells you just how fragile our dollar is right now. <object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/xxjVi8DYLuA&hl=en&fs=1"></param><param name="allowFullScreen"...
  9. peilthetraveler

    "Permanent job loss" fallacy. There is no permanent job loss!

    A) Please explain to me how if i work less, i can get the same amount of goods because last time i checked, if i worked less, i got paid less and prices didnt really come down because the stores saw that i was working less. or B) I still dont see how people are saving money if they get a...
  10. peilthetraveler

    Why is it scarier to spend money when you have it, then when you dont?

    Wow...thats really interesting. Those millionaires sound exactly like me...only difference is i dont have a million yet, let alone millions. But that gives me hope that maybe since im thinking like them, I might have 10 million dollars one day. I just hope its not cause of hyperinflation! I...
  11. peilthetraveler

    "Permanent job loss" fallacy. There is no permanent job loss!

    Nice try...you almost threw that one by me. First lets shoot hole number 1 thru your first statement. "They will want to give it to the 5% unemployed..." Yeah, i see so many people today saying "lets give more money to welfare recipients" But ok...lets say we live in a very loving country...
  12. peilthetraveler

    Why is it scarier to spend money when you have it, then when you dont?

    This is what i notice...broke people love to spend money and put everything on their credit cards. By broke i mean people living paycheck to paycheck. Now I have 10s of thousands just in my savings, and im scared to make any luxury purchase over 300 dollars. I mean i really have to think...
  13. peilthetraveler

    All speculation is over for now, the biggest speculators (banks) are broke!

    What are you talking about? Banks dont have money? Thats all banks do have! If a bank doesnt have money, its not a bank anymore. Banks have money, and they WILL dump their american dollars soon. Before this year is over, you will see the dollar crash. Banks dont have money....thats like...
  14. peilthetraveler

    U.S. Gov just spent 190 million on swine flu vaccine

    Drug maker Sanofi-Aventis just got an order to sell 190 million dollars worth of swine flu vaccine to the US gov. Now, i dont know whether this vaccine works or not, but since we've only had like 2 deaths in the country from it, its a pretty good chance that we really would never know. For...
  15. peilthetraveler

    I'm doing a study

    I can answer that...there are 6 basic human needs... 1.Love or connection 2.Comfort or Certainty 3.Variety or Uncertainty 4.Significance 5.Growth 6.Contribution When someone has a certain need they need met, they will enjoy something that meets that need. When they feel like that...
  16. peilthetraveler

    I'm doing a study

    People that have great intelligence, problem solvers, but are generally too focused on 1 thing.
  17. peilthetraveler

    I'm doing a study

    Entertainment for the poor and uneducated.
  18. peilthetraveler

    "Permanent job loss" fallacy. There is no permanent job loss!

    Lets see if I can prick a hole in that theory. Ok so 5% suddenly become unemployed. That means these 5% are no longer spending money. So its safe to reason that whatever business's these 5% spent their money on, will no longer be getting that money, so that means that those business's lose 5%...
  19. peilthetraveler

    Per capita debt burden according to CIA world factbook

    Money always travels to where the people that look rich are. For instance...Who would you rather do business with? The guy that owns a ferrari who has a $300k loan that he still owes on it(and has no way of paying it back), or the guy that fully outright owns his 1974 pinto.
  20. peilthetraveler

    The World Economy is an Island

    Just another reason why I think the dollar is about to crash soon. <object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/IlWpGm9POwQ&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...
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