Collapse of the American Empire: Swift, Silent, Certain

Discussion in 'Economics' started by WallStWhizKid, Mar 10, 2010.


  1. More info for you, chief .....


    Widely accepted concepts re:Money .... unit of account, store of value, medium of exchange.

    Then came BEAR in 2000 - during Oct 2007 - March 2009 he confirmed, then carved in stone the following defn.,

    MONEY is an IDEA backed by CONFIDENCE.
     
    #31     Mar 11, 2010

  2. I think we have a winner! It's history , folks.

    Many of us young'uns don't know, cant recall the ghastly shit from previous generations, yet, it's all there in black and white.

    U.S did cause the "Gulf of Tonkin" incident, cia bloody said so.

    Does it make any difference? Heck no, it's......just biz, same as now.
     
    #32     Mar 11, 2010

  3. Price action as seen in the Dow Jones is the sole arbiter. Presidents et al take their orders unconsciously from Price Action, so did Easy Al and so does Ben.

    EMPIRE America topped in Jan 2000. We're finished.

    Non-chart huge BEARmarket swing to negative karma CLUE came in at start of Iraq invasion with CNN-TV announcement

    "We've accomplished air superiority" ....

    akin to Mike Tyson hammering a 2-yr. old kid and then bragging about it.

    3 countries totally fucked up and more yet to come .... and the errant slaughter of the poor AND women and children, oh my, staggering bad karma that can send any sane respectable man to his knees in agony.

    Force is a much lower, assinine, hovine, bovine component of POWER than leadership/strength thru' compassion, benevolence, empathy and kindness. America has lost the latter in spades and is now just an irate junkyard bully.

    -----------------------------------

    swing your mind back to the +ve ..... :)

    http://www.youtube.com/watch?v=oZUp1gUQLyg&feature=related
     
    #33     Mar 11, 2010
  4. EPrado

    EPrado

    It's hilarious when people like you cry wolf. Nothing happens and you cry louder.

    Planes.........tanks. You are entertaining even though you are spewing complete bullshit.


    Think about it for a second.....you live in TEXAS. Outside of strip clubs and high school football there isn't much more to offer. The good thing is with The Mexican drug lords basically taking over the country right next door those planes and tanks might come in handy. You'd better work on your spanish.
     
    #34     Mar 11, 2010
  5. I suspected that you had no clue about what you post about. This post confirms that suspicion.
     
    #35     Mar 11, 2010
  6. http://en.wikipedia.org/wiki/Economy_of_Texas

    No, you are spewing complete bullshit.

    Please read, or at least glance over, that whole page.

    C'mon, I shouldn't be able to embarrass you with a simple Wikipedia page.

    Texas had the second largest workforce in the United States, with almost 11 million civilian workers.

    Much economic activity in Texas is regional. For example, the timber industry is important in East Texas's economy but a non-factor elsewhere. Houston, the state's largest urban economic enclave stands at the center of the petrochemical, biomedical research trades, shipping, and aerospace (particularly NASA). Dallas/Fort Worth houses the state's predominant defense manufacturing interests and the expansive information technology labor market. West Texas and the panhandle is dominated by ranching and the petroleum industry.[citation needed] Austin's economy is dominated by the State Government, Educational Institutions, and the booming IT Industry.

    Texas's growth can be attributed to the availability of jobs, the low cost of housing, the lack of a personal state income tax, the quality of higher education, low taxation and limited regulation of business, a central geographic location, a limited government, favorable weather, and plentiful supplies of oil and natural gas. There are currently 35 billionaires residing in Texas today. Dallas has 27 billionaires, the most of any city in Texas.[citation needed]

    Texas has the highest number of Fortune 500 company headquarters in the United States, fifty-eight.[4] This has been attributed to both the growth in population in Texas and the rise of oil prices in 2005.

    In 2008, for the seventh year in a row, Texas led the United States in export revenues. Texas exports for 2008 totaled $192.2 billion.[5] In 2002, the Port of Houston was 6th among the top sea ports in the world in terms of total cargo volume;[6] Air Cargo World rated Dallas-Fort Worth International Airport as "the best air cargo airport in the world".[7] The ship channel at the Port of Houston—the largest in the U.S. in international commerce and the sixth-largest port in the world.[8]

    Texas is a productive agricultural state with the most farms both in number and acreage in the United States. It is known for its fertile land and abundant supply of fresh water.[13] Texas leads the nation in number of cattle, which usually exceed 16 million head.

    Lyndon B. Johnson Space Center, the center of the National Aeronautics and Space Administration, is in Houston. It is a leading hub for the Aeronautics industry. The National Space and Biomedical Research Institute is headquartered in Houston.

    Texas (specifically Dallas and Houston) has a large number of defense contractors which creates sizable employment for the state.

    The Austin area is often nicknamed "Silicon Hills". Dell's headquarters is located in the city's suburb, Round Rock. Dallas is the birthplace of the integrated circuit. The North Dallas area is called the "Telecom Corridor"[citation needed] for the area's high concentration of Information Technology companies such as Texas Instruments and EDS. In addition, Harris County-based Compaq,[20] was once the world's largest computer companies.[citation needed] After Compaq's merger with Hewlett-Packard, the new owner currently employs more employees in the Houston area, than anywhere else in the world.

    The known petroleum deposits of Texas are about 8 billion barrels (1.3×109 m3), which makes up approximately one-third of the known U. S. supply. Texas has 4.6 billion barrels (730,000,000 m3) of proven crude oil reserves.[21]

    Texas is a global leader in the energy industry and Houston is the energy capital of the world. Since 2003, Texas state officials have created various initiatives like the Texas Enterprise Fund and the Texas Emerging Technology Fund to develop the economy of Texas. Texas is a leader in alternative energy sources, producing the most wind power of any state,[22] as well as small solar powered efforts and the experimental installation of wave-powered generators. Texas also is home to many of the world's largest oilfield services firms including Haliburton, Schlumberger and Dresser. The state has a number of pipeline operators, such as El Paso and Dynegy, along with diversified energy firms such as TXU and Reliant Energy.

    The Texas Medical Center, located in southwest Houston, is the largest medical center in the world.[24][25] It is home to The University of Texas Health Science Center which trains medical students and residents and includes The University of Texas M.D. Anderson Cancer Center, a global leader of cancer research and treatment[26]. The medical complex also hosts a private medical college, The Baylor College of Medicine.[27].





    Agriculture, oil / energy, fresh water, medicine, military, technology, shipping....etc, etc, etc.

    But no. Complete bullshit. You're right.
     
    #36     Mar 11, 2010
  7. Lol. Eprado......you sound like a mexicant. Research what is going on, then you can take your head outa your ass. The only correct thing you said was drug trade. But that extends all all over the country.

    I bet your happy unemployment benefits were extended today. That way you can keep paying ur internet bill.

    I hope most think like.you, that way the influx of pikers to Teaxs will be low. I hear California is looking for guys like you.
     
    #37     Mar 11, 2010
  8. olias

    olias

    I wonder if you're familiar with Howard Zinn. I think you'd enjoy listening to him on Youtube and whatnot. He's a great thinker and I have a lot of respect for him. He passed away earlier this year.
     
    #38     Mar 11, 2010
  9. EPrado

    EPrado

    Congrats on the fresh water.
     
    #39     Mar 11, 2010
  10. EPrado

    EPrado


    Nope. No unemployment for me. Never had to go that route. I'm still trading and having a blast. Unlike you I didn't fail at trading and leave the biz with my tail between my legs. It's too bad you couldn't hack it. But then again, you came to the Biz in the late 90's when any person with a pulse rate could type in any 4 letters and make money. It wasn't shocking to see guys like you get booted out of the trading world when it actually got tough and you had to think.

    Funny hearing you call someone a piker. Coming from the guy who used to walk around the office lying his ass off about having 6 figure days trading huge size. I guess you counted the two zeros after the decimal point in your "Six Figure" day. Usually the 300 share traders like yourself made the most noise.

    But now you are a big guy in the PE world making loads of money. Righto. Usually the ones who won't shut up about their job and claim to make a fortune are full of shit. Most likely you fall into that category.

    But keep up your insane posts about guns, gold and the end of the world. We need crackpots like you around for entertainment. You are a pair of clown shoes.....lol.
     
    #40     Mar 11, 2010