I moved to Sing in early '98 just after the Asian currency debacle. Had several interviews with major banks who said they would hire me in a...
OK, several points here. To answer the thread you tried to answer from thriftybob, US bonds and the dollar have value based on what the rest of...
Don't know about offices, but Mall space is certainly going to drop in price. I see boarded up store locations in malls all over the place in...
Many years down the road you may be correct. But China is VERY dependent on their export engine in the near term. They absolutely need the...
As in jack them up? No, absolutely not. Deflation and contraction are the real risks now. Interest rates will remain low, and spending will...
I rarely post shit like you do. Just for the hell of it, I took a look at your last 20 posts. They were all political gems like this one: What...
I agree with some aspects of this post such as the decrease in standard of living in debtor nations such as the US. But back to your original...
How does a Yuan appreciation help the Chinese population if none of them have jobs? Their economy is overwhelmingly based on cheap exports. The...
Are you on drugs? China is an export dependent economy. Guess who buys craploads of their stuff? As shown by this global meltdown, it is...
Iceman, FUCK YOU! It means I have several degrees in the field and know what I am talking about, unlike some of your ridiculous "trading"...
yes i get it, maybe you should read my post again. i stated that massive spending (fiscal stimulus) may prevent Obama from enacting his social...
I can see the FDR comparison, but not Lincoln. We are in no way even remotely divided as a nation as back then. In fact, we are not divided at...
Wrong. China is indeed helping to prop the dollar, but not because they hold so many of them. China needs the dollar to remain tenable so...
The global economy will heal itself within two years imo. Growth will be slow after that, but it will be growth. This will happen regardless of...
This has a high degree of possibility imo. Its what I am looking for actually. We are going to spend like there is no tomorrow to avoid...
I believe the opposite. Obama will enter office during a major shit storm so that no matter what he does, things should be better in 4 years. In...
really? My cousin in Oregon just bought a huge F-150, brand new, for what was probably 65% of the total cost a year ago. They ARE giving away...
I believe no one is answering you because you phrased the Q as the dollar becoming worthless. No way the rest of World will let that happen as it...
The only person who used such words is the guy complaining. weird.
this was a question about a dollar collapse, not a devaluation. i could easily see it come off, but no way will it be allowed to collapse. this...
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