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No one knows but Big Ben and the language of the last meeting said that more stimulus was likely unless if the economy got significantly better. That was a major change from the previous minutes that said they were ready to act if they had to and would if things were to deteriorate further. No more deterioration is n...more
The one good thing about inflation is that it favors those that have debt over those that have assets. If the value of all dollars are cut in half it will hurt those with the most dollars the most. Half of nothing is nothing so the poor will still have nothing. Those that have a mortgage that is close to 100% LTV wi...more
It is the death of real news. Online does not work and does not generate enough profits ro substantiate real journalists but print no longer works because the new generation gets everything online and they have shorter attention spans so they don't care about details, just the headlines. Without accurate and detailed...more
My wife once said that she did not like drinking diet coke because of the as-par- ta-may and I had to bust up laughing. She made it sound like a roman warrior! Maybe it rides in the trojan horse (the can) and then invades you once it is inside you.
Helicopter Ben just needs a couple more bad reports to justify QE3 at the end of June. We might have those reports by Friday with GDP revised down and unemployment up.
Wow! So many throwing stones and probably living in glass houses. There is a lot of pressure to look a certain way and that has been a part of many cultures for many thousands of years. It is not new. Women are no more "fake" now than they were before, there is just better methods for altering appearnace but they a...more
Not used to seeing motivational stuff on this page. This message was perfect for me today. Been in a rut because I have been inside the box too long and need to look at things in a new light. Thanks.
This "recovery" has not had the job growth of other recoveries. That is because in this recovery many of the would-be jobs have been taken by machines.
You either make machines, own and use machines in your business, operate a machine, or have been replaced by a machine (or eventually will be).
Whenever we can use a machine to do something a person used to do did we do it (receptionist, Blockbuster employee, store cashier, sports writers, manufacturing, person...more
5/17/2012
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