Against which they've borrowed $30k on a home equity line of credit. Consumer debt is massive. Most Americans are one paycheck away from financial ruin. Twenty percent of the population has no health insurance. Modern health care has made it likely to live to an age where your quality of life is nill and you are going to need to live in a nursing home, but nobody can afford to pay for it and the government won't kick in until all of your assets are GONE. Individuals can't file bankruptcy, but corporations still can write off hundreds of millions. Why is it irresponsible for individuals to file bankruptcy but when corporations do it, that's just to help them get on their feet again? This really is a strange society we live in. Chuck
J, I agree, but with any profession, you need theory and training before practical application. If one had attended BMW training then the chances of a successful rebuild would be much higher. The same with trading. The Ever Educating VIPER
I have to agree...I have been surprised (amazed, even astonished) by certain traders who I would not think will make it. We have people with us for years that are soooo consistent and highly profitable that it seems uncanny....but if you were to run into some of them in a social setting, you might not think they were capable of carrying on a conversation, LOL. Goes both ways, many who "should" be naturals, just don't ever seem to "get it". (Not sure if you were referencing me or not, but if so, thanks, if not "never mind", LOL). Don
Did allowing women to vote, state by state in the U.S., cause a demonstrable rise in inflation? I never wrote that. That was your argument with somebody else. You have to go back post by post to find out why I said what I said.
You just agree with RM and mention some irrational anecdote about the Swiss. But nevermind, I somehow doubt you have much of an intellectual ability to form a coherent argument in the first place.
Yes Don B. I was referring to you I have a humble request, could the suffrage guys take their discussion to the political area of the boards. It is hard for an old geezer like me to follow the original thread like this. The Ever Respectful VIPER
businesses fail too because the market will only accomodate x number of pizza shops on one square block. the best ones will survive, and the others will drop out. the stock market is much more dynamic than that, and able to take an increasing number of traders and investors.
However, it doesn't just "take" them; it churns them. Hence the seemingly endless supply of failures.
THAT is another sexist comment...YOU DON'T KNOW THE FIRST THING ABOUT WOMEN... The first thing you need to know about women is you CAN NOT generalize about women. edit...sorry it was spell check that came up with retardant...but I did think it was funny