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  1. M

    Even with inflation in 1970. It only took 1 worker

    indexer, sandy... and pilotboy had some very good posts in here. It's a shame that ET is full of so many libertrollians that it is almost impossible to have a sane conversation about anything. If you would like to know more about why and how middle and working class wages have been...
  2. M

    Socialised health care in Canada poll

    "Mav88 02-18-09 05:06 PM It was metioned earlier that preemies are simply left to die in Europe and Canada." wtf are you talking about? Canada and Europe don't let pre-mature babies just die. where did you hear that?
  3. M

    Socialised health care in Canada poll

    I'm Canadian. I've had nothing but good experiences with healthcare, as in when I need something, like specialists, x-rays, and operation etc. it's easy and quick (just present my healthcard) and I've never has a problem. In general I don't have to think about healthcare because the taxes I...
  4. M

    Any good place left in the USA?

    "what do you mean people in Miami are abnormal?" This is coming from secondhand experience, but I've also heard from multiple people that Miami area is full of weirdos... kind of like the type of people you see on California reality TV. Housewives all doped up on pills on their fifth plastic...
  5. M

    Foremost, best forecaster ever...

    that quote is fake mods should delete this post
  6. M

    Canadian Politics - Beware America you never want to be socialists

    what was Harper thinking, trying to ram through a bill that would take away the public campaign finance system, and ramming it through with the budget like an earmark or something? regardless of who you support, it just seemed like a really terrible move.. what were they thinking??
  7. M

    Keynsian economics is dead

    anaconda, we all know what fractional reserve banking is. I'm quite familiar with the positions of Ron Paul, Hayek, Rothbard, Mises etc. sound money and all that. You sound like a child who has just found out that there is no Santa and can't figure out why everyone else isn't as upset as you...
  8. M

    Keynsian economics is dead

    Krugman has posted up an excellent explanation of the current liquidity trap, and an explanation of how stimulus works under these conditions. it also includes an absolutely brutal takedown of Amity Schlaes http://www.princeton.edu/~pkrugman/nominal_wage.pdf even if you are...
  9. M

    Keynsian economics is dead

    "Here is a question for the keynesians. If the government made a 'fiscal package' producing $1T worth of golf carts would this be 'good' for the economy?The industrial production and the employment this would generate it would surely make the economic numbers look better, but would this help the...
  10. M

    Keynsian economics is dead

    just to clarify a bit more, the Keynesian solution is not to "bury people in debt again", at least not private debt. The Keynesian solution is to jumpstart business through government borrowing and government employment. Rather than targeting credit through the banking system, it targets...
  11. M

    Keynsian economics is dead

    I think that people here have a somewhat backwards understanding of Keynes. The only thing that has died recently is Friedman's monetarism which, despite what some of the self-styled libertarians may assume, calls for the extreme expansion of the money supply right now (Friedman thought...
  12. M

    Nouriel Roubini: "bear market sucker's rally", China in serious trouble

    Nouriel Roubini has a new post up today focussing on the troubles in China. re: his bear market sucker's rally call I have to agree. The outlook is terrible, and the unprecedentedly bad news keeps rolling in. When the bear case is based on constantly deteriorating fundamentals, and the bull...
  13. M

    London, UK is not cool anymore - I'm leaving

    to return to the original post, I have a friend in London who just reported the exact same thing to me, and is planning on returning to North America. He called London in 2008 "a simmering cauldron of anger and despair". Apparently the mood there has gotten downright nasty in the last few months
  14. M

    Transaction Tax idea still not dead

    um yeah... some real comical geniuses on here
  15. M

    the bottom signal..........Buffett blows up

    my first thought on this was: there's a very good chance that buffet (age 78) will be dead by the time the payout is to be made. clever strategy. I'm willing to write 10 billion in european style puts on the S&P 500 at a strike price of 2500. Any takers? oh yeah, one thing - they can...
  16. M

    Transaction Tax idea still not dead

    actually, it's not that bad of an idea and probably wouldn't have much of an effect on most of the people on this message board. lots of countries including the UK already have transaction taxes, and if the US were to institute one, it would probably be less than 10 basis points here's a...
  17. M

    The crash and ME

    http://www.youtube.com/watch?v=x8TzUXwwLcU
  18. M

    Recession-Plagued Nation Demands New Bubble To Invest In

    Recession-Plagued Nation Demands New Bubble To Invest In WASHINGTON—A panel of top business leaders testified before Congress about the worsening recession Monday, demanding the government provide Americans with a new irresponsible and largely illusory economic bubble in which to invest...
  19. M

    Beginners forum

    Hi, I'm a lurker here, learning about trading. I think it would be helpful to have a beginners forum for beginners/ paper traders to discuss things, and so that the main trading forum isn't so filled up with people that don't seem to be that experienced. If there was a forum for people who...
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