Default by the US government is no longer unthinkable
- Thread starter lrm21
- Start date
To understand the REALLY super-big picture, Halford Mackinder was of course right about the Heartland - as acknowledge by any sane military, geopolitical and macroeconomic strategist would confirm - also the Neocon defense of their strategies.
Those who control the world resources - commodities - ultimately controls the world.
With the emergence of more resources through the more advanced capabilities and technology - the big picture has shifted - because there are mainly democracies in the world, and therefore growth and strengthening economies happened to accumulate around the world. That also meant new flows and systems of resources, and these have now started to shift very strongly from earlier patterns. The Internet is also just an explosion of equity-creation and commoditization of just about anything you can imagine.
This is futurology - getting the bigger picture and trend.
http://en.wikipedia.org/wiki/Futurology
In this bigger picture - trust and integrity needs to be strong for the expansion to become sustainable, which also means a fight between corruption of systems through bias against strengthening trust integrity to support the democracy and egalitarian nature of evolution itself. As we know - it IS a mixed economy and the socioeconomics play an important role. Laissez-faire free markets WORK for financial systems - as long as CORRUPTION and its cancerous growth is kept a bay.
Those who control the world resources - commodities - ultimately controls the world.
With the emergence of more resources through the more advanced capabilities and technology - the big picture has shifted - because there are mainly democracies in the world, and therefore growth and strengthening economies happened to accumulate around the world. That also meant new flows and systems of resources, and these have now started to shift very strongly from earlier patterns. The Internet is also just an explosion of equity-creation and commoditization of just about anything you can imagine.
This is futurology - getting the bigger picture and trend.
http://en.wikipedia.org/wiki/Futurology
In this bigger picture - trust and integrity needs to be strong for the expansion to become sustainable, which also means a fight between corruption of systems through bias against strengthening trust integrity to support the democracy and egalitarian nature of evolution itself. As we know - it IS a mixed economy and the socioeconomics play an important role. Laissez-faire free markets WORK for financial systems - as long as CORRUPTION and its cancerous growth is kept a bay.
To understand the major trend in the EURUSD - it is the failure of trust in the USD economy and society.
The criticism of the whole political campaigning structure in the US is a sign of this.
I think the EURUSD will become much stronger - because the perceptions of TRUST with the more egalitarian democratic processes for the EUR are stronger, their populations support the policies and they are much more transparent than the encumbered USD counterpart - and ultimately this spills over from socioeconomics into financial and monetary systems. The failure of trust of growth through super-sizing consumption is really fuelling this meltdown.
The very idea of super-sized consumption - alongside or inside corruption - is dead... and in the same "era":
just like the dotcom bubble was technological and economic exuberance, the Neocons rose from socioeconomic "exuberance".
The criticism of the whole political campaigning structure in the US is a sign of this.
I think the EURUSD will become much stronger - because the perceptions of TRUST with the more egalitarian democratic processes for the EUR are stronger, their populations support the policies and they are much more transparent than the encumbered USD counterpart - and ultimately this spills over from socioeconomics into financial and monetary systems. The failure of trust of growth through super-sizing consumption is really fuelling this meltdown.
The very idea of super-sized consumption - alongside or inside corruption - is dead... and in the same "era":
just like the dotcom bubble was technological and economic exuberance, the Neocons rose from socioeconomic "exuberance".
If you've been having problems making money in Forex, now's your chance. Hop on the love train!
I went long EUR base around 1.20 ... and then shifted slightly to "swing basing" and scalp trading currencies. But ever since the 1.36 - 1.20 tracedown I have been long EUR base - i.e my account in EUR - and not doing scalping any more... I was busy, but I am looking into starting to do larger timeframe trades. I get those much better than scalps, anyway - although that also means there will be periods of obscurity/uncertainty within the timeframe I am operating on that will not suited for trading. It will be conservative risk-taking though - with plenty of time to consider, adapt and react to impulses and signals - and that is nice when doing the thinking yourself - and not letting the computer do the "thinking". Makes for Xanax/Valium free days and nights too...
Dow dipped to 10997.05. If we break the 52-week low of 10,403.80 this week, SHTF...
Well it looks like the government isnt going to let all the people that they are bailing out give themselves bonuses this year (or so i read) So heck...theres a few 100 billion that just paid for itself!