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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (53098)2/8/2006 2:00:20 PM
From: GST  Read Replies (2) | Respond to of 110194
 
<I see a clueless person that can not see the consequences of negative US savings, and global wage arbitrage>

I see the world for what it is -- a place where there are talented people distributed around the globe and people in every country looking for a fast buck. Today, the number of talented people is growing fastest outside the US, while the number of fast-back artists in the US is reaching a crescendo. I would put my money on the talented people around the world to outperform us unless something changes to redirect us. As for now, we make a living in the world from our brains -- and that is why it is decisively important to take better care of the ones we have and to develop more and better brains. That is what our trading partners are doing -- although to the 19th century economist among us it may seem like a simple matter of "wage arbitrage".



To: mishedlo who wrote (53098)2/8/2006 2:12:15 PM
From: John Vosilla  Respond to of 110194
 
"Seriously you belong somewhere in the Bush administration"

Funny.. I think at least he has the wishful thinking of how the world should be with American in the lead. I wish Bush had some vision outside of wars, runaway spending and tax cuts. GWB left a legacy in Texas with the highest property tax burden in the country. Go figure all this coming from a Republican.



To: mishedlo who wrote (53098)2/8/2006 2:17:06 PM
From: shades  Respond to of 110194
 
You live in some sort of weird time-warp that allows you to hold a multitude of contradictory ideas in your head and believe all of them at the same time.

Doublethink means the power of holding two contradictory beliefs in one's mind simultaneously, and accepting both of them.
George ORWELL

We of the sinking middle class may sink without further struggles into the working class where we belong, and probably when we get there it will not be so dreadful as we feared, for, after all, we have nothing to lose.
George ORWELL