Generational theory, international history and current events
https://www.gdxforum.com/forum/
"Enjoy and experience life as you live, relish the moment, all goes to dust, if you partially understand so much the better, accept what is, most do not" ---vincecate wrote:That you want to live.John wrote:What assumptions are you making that lead you to this conclusion?vincecate wrote: If you believe missiles will be headed toward where you are now, then the rational thing to do is move.
No, the real news is that even as Europe was facing near certain disintegration, it still was unwilling to make the compromises necessary to move away from a pseudo-union, one which is neither a federation where joint bond issuance is possible and where members are ratably responsible for each other, nor where the countries are willing to cede sovereignty to the most stable and viable entity in order to spread risk.
BlackRock Inc. (BLK)’s Chief Executive Officer Laurence D. Fink said the U.S. housing market is “structurally more unsound” today than before the financial crisis because it depends more on government-backed mortgage companies such as Fannie Mae and Freddie Mac.
“We’re more dependent on Fannie and Freddie than we were before the crisis,” Fink said today at a conference held by the Investment Company Institute in Washington, noting that he was one of the first Freddie Mac bond traders on Wall Street.
John you might find this video interesting regarding how the S&L problem was handled ( indictments and prison time ) vs. the current banking issues -- no indictments --- different generations.John wrote:I heard a commentator make an interesting comparison today.
America's "far right" is opposed to government debt and printing
money.
Europe's "far right" is opposed to austerity and favors more debt
and printing money.
John
No matter your stripe the entire banking system rests on a statistical probability. This denies the statistical possibility of payment. Basically people are unable to see the natural law VS. kantian utiliarianism in the internal Austrian arguments of "the conscious reflection on our moral beliefs with the aim of improving, extending or refining those beliefs in some way.Higgenbotham wrote:Getting back to the more mundane, the regular stock market is closed today but the futures are open and the S&P 500 futures made a new record high this morning. I tried to short last week on the proposed May 21 turn date and lost some money. I am trying again now on the equivalent of the 1906 S&P 500 resonance level, which is about where the index would have topped out this morning in line with the futures. The resonance levels are calculated by adding 378 to the past key levels of this bull market. For example, the April 2012 high of 1422 was arrived at by adding two 378 point increments to the March 2009 low of 666. This level is from the January 2010 high of 1150. The previous level of 1853 was 378 points over the September 2012 high of 1475.
September 4, 2013.CNN's John King reports that Democrats are privately calling President Obama "detached," "flat footed," and "incompetent.""
Since then we have the Obamacare software failure and now the VA scandal.Economist Eliot Janeway (1913-1993) is credited with saying, "When the president is in trouble, the stock market is in trouble."
That's a bad omen because "clearly the president is in trouble," said Jeffrey Saut, chief investment strategist at Raymond James.
"Those troubles began with the Benghazi scandal, escalated with the (Department of Justice) spying on news reporter James Rosen, followed by the IRS scandal, and now we have Syria," Saut said in his morning note to clients Wednesday. "In fact, we are even alienating two of our steadfast allies, Saudi Arabia and Israel, whose silence on our Syrian strategy has been deafening."