Comments on: Economic/Market Highlights….12/15… http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/ Sun, 27 May 2012 12:54:00 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: WIldChild http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094420 WIldChild Wed, 17 Dec 2008 06:22:25 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094420 you might want to test the reply to this comment feature while you're at it you might want to test the reply to this comment feature while you’re at it

]]> By: justsomeone http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094407 justsomeone Wed, 17 Dec 2008 06:15:33 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094407 test test

]]> By: justsomeone http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094397 justsomeone Wed, 17 Dec 2008 06:08:19 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094397 A continued spiraling down in values (devaluation)is a depression. The Great Depression technically lasted from 1929 to 1934 but actually for a lot of practical purposes it drug on until after WWII. That's almost 20 years, some sources say until 1954. There's really no precedent for what's going on now. Things have never been so interconnected & we have no history of what happens when massive deforestation is combined with wild patterns of mass migration, etc. Ron Paul & his Mises economic theories conclude the FED itself creates bubbles, & many times it does seem that way. While riding a bubble upward & jumping off right before it bursts can be very profitable I'm not sure the rush is worth the inevitable economic pain that ensues. Bubbles are a lot like ponzi schemes. The FED loves to partner with social engineers, currency values are constantly being manipulated, supply & demand models are constantly being muddled. There's just no way to get a clear picture. Gold mining & the DBI both up ticked a bit recently, but it's too soon to tell what that means...no uptick in DBI means, in part, not much grain is moving, means people may starve, riots, etc. Erratic weather patterns & droughts necessitate the movement of grain & other food stuffs & so far they're not moving enough. An upswing in gold usually signals fear in the currency markets. If gold mining stocks & GLD really rally way above the DJI hang onto your hats, the ride downward could get wild. I can't wait to hear Sarkozy's economic proposals & I'm in countdown mode waiting to see how long it takes Barney Frank to try & tax net worth, rather than just income. China, with its new majority young male population will likely have little patience with high unemployment & a lot of devaluation. As for the planned massive infrastructure projects: I find it hard to imagine laid off bankers, brokers, real estate agents, etc laying brick or pouring asphalt. So if we're looking for happy indicators, sorry I don't see any. A continued spiraling down in values (devaluation)is a depression. The Great Depression technically lasted from 1929 to 1934 but actually for a lot of practical purposes it drug on until after WWII. That’s almost 20 years, some sources say until 1954. There’s really no precedent for what’s going on now. Things have never been so interconnected & we have no history of what happens when massive deforestation is combined with wild patterns of mass migration, etc. Ron Paul & his Mises economic theories conclude the FED itself creates bubbles, & many times it does seem that way. While riding a bubble upward & jumping off right before it bursts can be very profitable I’m not sure the rush is worth the inevitable economic pain that ensues. Bubbles are a lot like ponzi schemes. The FED loves to partner with social engineers, currency values are constantly being manipulated, supply & demand models are constantly being muddled. There’s just no way to get a clear picture. Gold mining & the DBI both up ticked a bit recently, but it’s too soon to tell what that means…no uptick in DBI means, in part, not much grain is moving, means people may starve, riots, etc. Erratic weather patterns & droughts necessitate the movement of grain & other food stuffs & so far they’re not moving enough. An upswing in gold usually signals fear in the currency markets. If gold mining stocks & GLD really rally way above the DJI hang onto your hats, the ride downward could get wild. I can’t wait to hear Sarkozy’s economic proposals & I’m in countdown mode waiting to see how long it takes Barney Frank to try & tax net worth, rather than just income. China, with its new majority young male population will likely have little patience with high unemployment & a lot of devaluation. As for the planned massive infrastructure projects: I find it hard to imagine laid off bankers, brokers, real estate agents, etc laying brick or pouring asphalt. So if we’re looking for happy indicators, sorry I don’t see any.

]]> By: Hot Librarian http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094364 Hot Librarian Wed, 17 Dec 2008 05:17:11 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094364 The interest rate in USa have ben shockingly & disarmingly low . Money is worth more than that. Somewhere sometime ago much of this wealth was earnt the hard way . As a contrast the official interest rates in Australia was between 6 - 8.5% since 2000. They were put high to stop the economy overheating as it had 12 + years of growth-one of the stars of the OECD. But a mid level house in a mid level suburb in Sydney will cost 450,000. If we default on the mortgage the bank sells it & the difference must still be repaid. Recently there have been some drastic contractions & deferred major schemes but so far not too bad. We did nothing wrong economically -we have little govt debt but we will get the backwash although it is expected that Australia will do better than most.So far we are about 15th on the world economy scale & we hope to rise one point per year during this recession. So feel free to ask any questions -esp Lark -as one of the world out there! For example our National health is 1.5% of income & extra private insurance (I know I just paid ) is $188 per month for a family. One thing is for SURE -American financial & business is no longer an export. age in FTAs.(BTW these were generally to the US advantage. We have one & incidentally Rahm Emanual voted against it! The interest rate in USa have ben shockingly & disarmingly low . Money is worth more than that. Somewhere sometime ago much of this wealth was earnt the hard way .

As a contrast the official interest rates in Australia was between 6 – 8.5% since 2000. They were put high to stop the economy overheating as it had 12 + years of growth-one of the stars of the OECD.

But a mid level house in a mid level suburb in Sydney will cost 450,000. If we default on the mortgage the bank sells it & the difference must still be repaid.

Recently there have been some drastic contractions & deferred major schemes but so far not too bad.

We did nothing wrong economically -we have little govt debt but we will get the backwash although it is expected that Australia will do better than most.So far we are about 15th on the world economy scale & we hope to rise one point per year during this recession.

So feel free to ask any questions -esp Lark -as one of the world out there!

For example our National health is 1.5% of income & extra private insurance (I know I just paid ) is $188 per month for a family.

One thing is for SURE -American financial & business is no longer an export. age in FTAs.(BTW these were generally to the US advantage.

We have one & incidentally Rahm Emanual voted against it!

]]> By: LD http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094287 LD Wed, 17 Dec 2008 03:23:22 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094287 I think it would be irresponsible of me to advocate a general positon on a comodity like gold. If a person already has a fairly diverse portfolio with limited debt then perhaps buying gold is a prudent way to further diversify nad add some inflation protection. I would make the play more on the actual commodity, than through gold mining stocks. I am fairly certain that you can purchase an ETF thaat tracks gold. For the overwhelming majority of people though I would think about paying down debt first, then adding some diversity within your current holdings. To the extent that you are concerned about inflation, another good move is to buy Treasury Inflation Protection Securities (TIPS). I think it would be irresponsible of me to advocate a general positon on a comodity like gold. If a person already has a fairly diverse portfolio with limited debt then perhaps buying gold is a prudent way to further diversify nad add some inflation protection. I would make the play more on the actual commodity, than through gold mining stocks. I am fairly certain that you can purchase an ETF thaat tracks gold.

For the overwhelming majority of people though I would think about paying down debt first, then adding some diversity within your current holdings.

To the extent that you are concerned about inflation, another good move is to buy Treasury Inflation Protection Securities (TIPS).

]]> By: Lizzy http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094279 Lizzy Wed, 17 Dec 2008 03:15:20 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094279 The facts and analysis of the post were great and there were some very good comments. At this time I am trying to develop strategies for hard times. When I was young my church advised having a two year suply of food staples on hand; I never paid much atention to the idea but I think I will start stockpiling. The facts and analysis of the post were great and there were some very good comments. At this time I am trying to develop strategies for hard times. When I was young my church advised having a two year suply of food staples on hand; I never paid much atention to the idea but I think I will start stockpiling.

]]> By: Lizzy http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094265 Lizzy Wed, 17 Dec 2008 03:04:11 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094265 LD, do you advocate owning some gold when the economy is so bad and if so how much? LD, do you advocate owning some gold when the economy is so bad and if so how much?

]]> By: LD http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094223 LD Wed, 17 Dec 2008 01:47:27 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094223 Thanks, Linda....I agree with a lot of what you are saying. Thanks for sharing. Thanks, Linda….I agree with a lot of what you are saying. Thanks for sharing.

]]> By: Linda C. http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1094094 Linda C. Tue, 16 Dec 2008 23:48:35 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1094094 Pushing the interest rates to near zero is not going to help and will probably hurt. It did not work in Japan. The banks aren't lending so it matters not what the interest rate is when it comes to that. The stock market rallied for a day o n the news. However, actually getting that money from the bank is another story. The banks are sitting on their capital to cover the losses they see coming down the pike. They are not going to lend it out and leave themselves exposed. Madoff made off with a healthy share of bank money btw that is beyond the write downs they were already expecting.what The unfortunate fallout from lower interest rates is the devaluation of the dollar, this will push oil prices back up and make OPEC happy, but we will get screwed royally. The economic model of the Wiemar Republic should have the same results now as it did then. I often wonder what the relationship is between our bailout and sovereign wealth funds whose money is from oil. It seem the only ones who benefits from the lower interest rate and the weaker dollar are the oil companies and commodity exchangers. Higher commodities will result in higher food prices and unrest especially in poorer countries. The problem with the New Deal is that it was enacted too late. Unemployment was already about 20 percent when any of those programs were initiated. The prior thinking was letting the market correct itself, but that didn't work either in terms of suffering and poverty. WWII started the heavy industry going again, but consumer spending was limited due to rationing. Has anyone else noticed that with this long war we have, that heavy industrial output has not risen? Or has it and I just missed it. Pushing the interest rates to near zero is not going to help and will probably hurt. It did not work in Japan. The banks aren’t lending so it matters not what the interest rate is when it comes to that. The stock market rallied for a day o n the news. However, actually getting that money from the bank is another story. The banks are sitting on their capital to cover the losses they see coming down the pike. They are not going to lend it out and leave themselves exposed. Madoff made off with a healthy share of bank money btw that is beyond the write downs they were already expecting.what The unfortunate fallout from lower interest rates is the devaluation of the dollar, this will push oil prices back up and make OPEC happy, but we will get screwed royally. The economic model of the Wiemar Republic should have the same results now as it did then.

I often wonder what the relationship is between our bailout and sovereign wealth funds whose money is from oil. It seem the only ones who benefits from the lower interest rate and the weaker dollar are the oil companies and commodity exchangers. Higher commodities will result in higher food prices and unrest especially in poorer countries.

The problem with the New Deal is that it was enacted too late. Unemployment was already about 20 percent when any of those programs were initiated. The prior thinking was letting the market correct itself, but that didn’t work either in terms of suffering and poverty. WWII started the heavy industry going again, but consumer spending was limited due to rationing. Has anyone else noticed that with this long war we have, that heavy industrial output has not risen? Or has it and I just missed it.

]]> By: LD http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1093974 LD Tue, 16 Dec 2008 20:57:32 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1093974 Provide customers good products at fair prices...sounds like capitalism. Novel concept. Perhaps more outfits should pick up the model. Provide customers good products at fair prices…sounds like capitalism. Novel concept. Perhaps more outfits should pick up the model.

]]> By: rolling_thunder http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1093953 rolling_thunder Tue, 16 Dec 2008 19:32:44 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1093953 But most positions are not trainee unless otherwise stated. That's the point. They hire you to perform right away with no training. Bullshitting and saying yes I can do that when you can't is disaster. You can't last on the job and you make a fool of yourself. But most positions are not trainee unless otherwise stated. That’s the point. They hire you to perform right away with no training. Bullshitting and saying yes I can do that when you can’t is disaster. You can’t last on the job and you make a fool of yourself.

]]> By: lark http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1093948 lark Tue, 16 Dec 2008 19:22:00 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1093948 I applaud your statistical info posting on WalMart but do not share your confidence just entirely. I have had my fights with WalMart and yes I have had good efforts rewarded. But WalMart lately have devised ways to hold back customers who care to complain. Although my very last effort has a success, at least up to my knowledge today. No, WalMart stores now are robots. Robots working on auto pilot. Not that there is anything wrong with that, except no one knows anything in there. That is there is not one employee that will give you an answer to a consumer question. And General Managers are now unavailable - totally. You can get an assistant manager but they would more often than not advise you that they have no 'saying' power. And by the way, the Dept of Agriculture of my state will not deal with WalMart. They don't know how to. But yes, WalMart for the most part is a good citizen and a great American success. And yes your idea seems a good one. Maybe. But is outside their business model. I applaud your statistical info posting on WalMart but do not share your confidence just entirely.

I have had my fights with WalMart and yes I have had good efforts rewarded. But WalMart lately have devised ways to hold back customers who care to complain. Although my very last effort has a success, at least up to my knowledge today.

No, WalMart stores now are robots. Robots working on auto pilot. Not that there is anything wrong with that, except no one knows anything in there. That is there is not one employee that will give you an answer to a consumer question. And General Managers are now unavailable – totally. You can get an assistant manager but they would more often than not advise you that they have no ‘saying’ power.

And by the way, the Dept of Agriculture of my state will not deal with WalMart. They don’t know how to.

But yes, WalMart for the most part is a good citizen and a great American success. And yes your idea seems a good one. Maybe. But is outside their business model.

]]> By: William L. Donlon http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1093939 William L. Donlon Tue, 16 Dec 2008 19:02:02 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1093939 Larry: Do you get the feeling you've seen this movie before? Curly Larry & Moe push their Lamborghini into the Blacksmith shop to get it fixed. The blacksmith tells them they need a specialist so they push it over to the Veterinarian. Obama is tapping Economists that are living in the Age of Magellan. One of the problems that landed us in this situation is the Fed kept interest rates to low to long. Look at these statistics on Wal Mart that is not in Washington looking for a "Bailout" and are not on Obama's speed dial. At Wal-Mart, Americans spend $36,000,000 every hour of every day. This works out to $20,928 each minute. Wal-Mart will sell more from January 1st to March 17th than Target sells all year. Wal-Mart is bigger than Home Depot + Kroger + Target+ Sears + Costco & K-Mart combined. Wal-Mart employs 1.6 million people and is the largest private employer. Most don't speak English. Wal-Mart is the largest company in the history of the world. Wal-Mart now sells more food than Kroger & Safeway combined, and keep in mind that they did this in 15 years. During this same period, 31 grocery chains sought bankruptcy (e.g. Winn-Dixie). Wal-Mart now sells more food than any other store in the world. Wal-Mart has approximately 3,900 stores in the USA of which 1,906 are Super Centers. This is 1,000 more stores than they had 5 years ago. This year, 72 billion different purchasing experiences will happen in Wal-Mart stores. This is eleven (11) times the population of the earth. 90% of all Americans live within 15 miles of a Wal-Mart. So, let Wal-Mart bail out Wall Street . . . . . No! Compared to the Big Three Auto People the Wal Mart people know their Shit. They should at least be consulted by the Obama Team as they start to tackle this problem. Maybe Obama should look there for the experts to fill his cabinet. Barack, you have got your head out of the Daily Kos and start reading No Quarter. Stay in touch, give Larry or me a call. Larry:

Do you get the feeling you’ve seen this movie before?

Curly Larry & Moe push their Lamborghini into the Blacksmith shop to get it fixed.

The blacksmith tells them they need a specialist so they push it over to the Veterinarian.

Obama is tapping Economists that are living in the Age of Magellan.

One of the problems that landed us in this situation is the Fed kept interest rates to low to long.

Look at these statistics on Wal Mart that is not in Washington looking for a “Bailout” and are not on Obama’s speed dial.

At Wal-Mart, Americans spend $36,000,000 every hour of every day.

This works out to $20,928 each minute.

Wal-Mart will sell more from January 1st to March 17th than Target sells all year.

Wal-Mart is bigger than Home Depot + Kroger + Target+ Sears + Costco & K-Mart combined.

Wal-Mart employs 1.6 million people and is the largest private employer. Most don’t speak English.

Wal-Mart is the largest company in the history of the world.

Wal-Mart now sells more food than Kroger & Safeway combined, and keep in mind that they did
this in 15 years.

During this same period, 31 grocery chains sought bankruptcy (e.g. Winn-Dixie).

Wal-Mart now sells more food than any other store in the world.

Wal-Mart has approximately 3,900 stores in the USA of which 1,906 are Super Centers.

This is 1,000 more stores than they had 5 years ago.

This year, 72 billion different purchasing experiences will happen in Wal-Mart stores.

This is eleven (11) times the population of the earth.

90% of all Americans live within 15 miles of a Wal-Mart.

So, let Wal-Mart bail out Wall Street . . . . .

No!

Compared to the Big Three Auto People the Wal Mart people know their Shit.

They should at least be consulted by the Obama Team as they start to tackle this problem.

Maybe Obama should look there for the experts to fill his cabinet.

Barack, you have got your head out of the Daily Kos and start reading No Quarter. Stay in touch, give Larry or me a call.

]]> By: lark http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1093931 lark Tue, 16 Dec 2008 18:49:51 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1093931 I am glad that you relate the Obama election with Resume pushing. I agree with you 100 pc and admire you for this post. You can see it because you have lived it. Most people want to believe that Resume pushing is necessary and the way to keep going. They prefer to believe what is 'just words.' Corporations simply need to know that people are smart and they can learn to do anything if you allow them a few days and a few access dollars to get trained - even at home if they want to. What works is 'MOTIVATION.' Obama is at the top of Resume pushing a disaster. You are right. Obama's motivation is adulation. I am glad that you relate the Obama election with Resume pushing. I agree with you 100 pc and admire you for this post. You can see it because you have lived it. Most people want to believe that Resume pushing is necessary and the way to keep going. They prefer to believe what is ‘just words.’

Corporations simply need to know that people are smart and they can learn to do anything if you allow them a few days and a few access dollars to get trained – even at home if they want to. What works is ‘MOTIVATION.’

Obama is at the top of Resume pushing a disaster. You are right. Obama’s motivation is adulation.

]]> By: rolling_thunder http://www.noquarterusa.net/blog/8755/economicmarket-highlights1215/#comment-1093929 rolling_thunder Tue, 16 Dec 2008 18:48:12 +0000 http://www.noquarterusa.net/blog/?p=8755#comment-1093929 Hillary won the primary and would have beat Mac. Hillary is my president. FU all ignorant OBOTs-liars. Bite the Barky. He sucks. Yes, see my disgust. It's based on how far down BarrySoetoro will take this country monetarily. Liars never succeed in the end. They will get their karma. Barky said he wasn't qualified but ran anyway. Then he stole the election with help from his usual 'third party' operatives. Money is only a means. The means is to be spiritually fit and to keep body and soul together. The ultimate goal for all alive is to love. Or at least that's what life is meant for. NOW put the real winner in the white house. Stop this Baracky nonsense NOW! Hillary is the winner. Payback's gonna be a betch. If Hillary was not cheated out of her win at roll call and the RNC meeting, this would NOT be blowing apart in our faces. We deserve better! Hillay is competent. Baracky Barry Soetoro is not. Proceeed thugs.. Karma is coming to get you! As Bob Dylan says, you either work for the Devil or for GOoD. Looks like we know who BarrySoetoro works for.. He's the emissary of the Devil and there is no denying it! Hillary won the primary and would have beat Mac. Hillary is my president. FU all ignorant OBOTs-liars. Bite the Barky. He sucks. Yes, see my disgust. It’s based on how far down BarrySoetoro will take this country monetarily. Liars never succeed in the end. They will get their karma. Barky said he wasn’t qualified but ran anyway. Then he stole the election with help from his usual ‘third party’ operatives.
Money is only a means. The means is to be spiritually fit and to keep body and soul together. The ultimate goal for all alive is to love. Or at least that’s what life is meant for. NOW put the real winner in the white house. Stop this Baracky nonsense NOW!
Hillary is the winner. Payback’s gonna be a betch. If Hillary was not cheated out of her win at roll call and the RNC meeting, this would NOT be blowing apart in our faces. We deserve better! Hillay is competent. Baracky Barry Soetoro is not. Proceeed thugs.. Karma is coming to get you! As Bob Dylan says, you either work for the Devil or for GOoD. Looks like we know who BarrySoetoro works for..
He’s the emissary of the Devil and there is no denying it!

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