Thisabouthastobeabearmarketthoughaseveryingredientinhistoryisliningupforabigone.YoucanseethecreditsqueezedrivingtheyenupaseventheEuroisweakagainstit.Theworldneedscreditandthereisn'tany.
ThereisonethingaboutElliottwave.Themovesinthemarketsdon'thavetomakesensewiththenews.WhyonGodsgreenearthwouldthestockmarketsaroundtheworldmakenewhighswhenitwasprettycleartothoseinsidethefinancialstherewasacredit...[
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whywouldyouwanttoinvestinanythingaboutcommoditiesotherthanmaybegold.Thecommercialsareinthisbusiness.Whatwouldyoudowith50,000bushelsofwheatotherthanpaystorageonit?Thesameevenforcopperandasfarasthatgoes,yougettoofarintosilver,italsopilesuptoquiteaweight.Theworldgetstheideathatinvestmentandspeculationarethesame.
Idobelievetherearewealthypeoplethatdoinvestincommodities.But,theyhavehistoryontheirsi...[
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RecessionwithoutRomance RecessionwithoutRomance
Eventhesmartcontrariansareconfusedbyourpredicament
PaulB.Farrell,oneofmyfavoriteeconomicswritersatMarketWatch,published17reasonsAmericaneedsarecessiontodaytomakethecase,"Yes,Americaneedsarecession.BernankeandPaulsonwon'tadmitit.Andinvestorshatethem.We'realltrappedinoutdated1990swishfulthinkingabouta"neweconomy"and"perpetualgro...[
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Thegreatdepressionof2008–themotherofalldepressions ArticlebyPascalMolliere Saturday17thNovember2007,01:46 2008issettobethedarkesteveryearinfinancialhistoryaccordingtoGoldmanSachs–anewreportclaims.
TheTimesreportsthatthecreditcrunchissoseriousthatitmayforcetheUSbankingsystemtocutlendingbyasmuchas$4,000billion,promptinga“substantialrecession”intheUS....[
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中国历史留给中国十四大"中国特色"哲龙博客
第一个中国特色,(排斥外地人):
中国的地方语言和外国话差不多,外地人根本听不懂,再加上巨大的民族差别,习俗差别,信仰差别,本地人产生强烈的地方意识情绪和排斥外地人是必然的事情。
第二个中国特色,(内部争斗拼杀不懂友好关爱):
中国历史就是窝里斗的历史,春秋无义战,战国七国并列,秦汉大[
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专访章诒和:被强制遗忘的四大禁区,我就是“怨妇”
发布者thchen在07-11-1909:17
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亚洲周刊江迅/反右运动、三年大饥荒、十年文化革命、八九六四枪声,合在一起,是被强制性遗忘的四大禁区。仅仅建立文革博物馆是不够的,应建四大博物馆,这才是正视当代历史的科学态度。了解和反思[
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theonethingthatgetstheseguysisinterestraterisk.Notmanypeoplethatput20%downonahomeeverlosethepropertyanduntiltheentireportfoliogoesunderwater,thesurfacelooksprettygood.Theymightbethefronton$4trillion,buttheyholdthepaperonsomethinglike20millionhomes.Theycouldendupowning20millionhomes.
Theinsurersareinamoreperilousposition.IthinkthebailoutwouldbetherealongtimebeforeithittheGSE's.Houstonwehaveapro...[
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Areweinthemidstofatrainwreckorjustahiccup?Thelikelylossesoutofsubprimewillandhastakendownsomeinstitutions,buttheyaren'tenoughtofliptheworldupsidedown.Thereisthephysicalcollateral,notpapercollateralbehindtheseloans.Therealestatecrunch,mostlikelyincommercialaswellasresidentialisanothermatter.Itmightbeonlyamodestpercentageoftheeconomy,butitisapercentagethatineconomicsisamultipliedpercentage,meaningit...[
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thereismorethanapossibilityofamajorbearmarketinmostassets.Oilmaynotfallbelow$70,buttherestoftheeconomyshouldbeinaneightyearcycledownbecauseof:
1.Creditbubblepopped;
2.RealEstatebubblepopped;
3.Consumerspendinghaslostitsfueldueto1&2;
4.Oilwillremainexpensiveandtaxconsumersmore;
4.Businesswillhavetocutback;
5.TheUSDwillnotbouncebacktoover100;
6.Asiancountrieswillnotke...[
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InmyopiniontheREbrokeristhelowestformoflifeonthisplanet.Iftheytoldahomebuyerto"buythehouseregradlessofwhatloanyouhavetogetbecauseitcanonlygoupinprice",whatdidtheyhavetolose?Theywouldgettheircommissionregardlessofwhathappenedtothebuyer.
Thesecondchiefculpritisthebuyerthemselves.They"knew"thatpropertyvaluescouldnotgodown,sowhynotbuyallthattheycould?Afterall,ifyourincomeis$20,000/yearandyouwereab...[
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