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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (21598)8/25/2007 5:06:44 AM
From: TobagoJack  Read Replies (3) | Respond to of 217906
 
THEY cannot save the GS and JPM and etc without trying to help the hedge funds, imo;

They are one and the same, together with SLESUSAPFI (Super Leveraged Enhance Structured USA Prime Fund I), otherwise known as USA.

The hedge funds, critical to a financial economy that values consumption over savings, speculation over investment, war over peace, debt over equity, have replaced GM, F, GE, etc that were critical to an operating economy that now only operates to build houses and heat pools.

The hedge funds are, in the aggregate and collectively, a single previlaged and elite community sharing common interest and share the same mission - and an ugly mission it is.

The financial economy is not Enron, and so Enron bail out was never tried, thankfully. Further, Enron was not bailed out because it was just an over valued fraud hidden in an otherwise empty shell that had cracked open. There will be casualties this round, Enrons 1, 2, 3, 4, 5, etc.

As Enron cannot be bailed out, ultimately the financial economy also cannot be bailed out, together with its 11,000 hedge fund citizens; but not for lack of trying.

The simple truth remains:
(i) USA central banker definitely believes helicopters loaded with printed paper can stop the cold mathematical logic of debt-ly imploding speculation

(ii) USA administration solidly believes deficits do not matter

(iii) USA representatives of the people (Congress) does not even know what a deficit is

(iv) USA prime time financial TV entertainment show passionately pleaded for bail out of "my people" who drive BMWs and eat 10,000 dollars pizzas must be bailed out

(v) USA el supremo debt fund manager just asked all spendthrifts whose homes are not worth the income they paid for to be bailed out

But, other than all of the above, everything is OK.

I expect history to repeat exactly, for all practical purposes, like financial survival;

The schedule truly does not matter, because we must still do what we ought to do, and we just get more time or less time to do it, on the one hand, and on the other, because longer delayed, longer the dark interregnum, and worse the splash, and more worthwhile the self-protection measures we take, as long as they are the right measures.

... any ideas?

Try gold, for 10%.

And if enough folks believe that, and enough will, the prophesy becomes a self-fulfilling one, right reason or wrong logic, hardly matters.

Chugs, TJ



To: energyplay who wrote (21598)8/25/2007 12:17:40 PM
From: elmatador  Respond to of 217906
 
Brazil must ignore US say Nobel Prize winner: Brazil would not have to be worried about the growth of the United States in next the five years, according to professor of economy politics of the University of Columbia (U.S.A.) and Prize Nobel of economy of the passed year, Edmund Phelps.

In lecture given in this thursday (23) in 3º International Congress of Derivatives and Financial Market, in S. Paulo, Brazil, Phelps said that it does not have historical evidences of that the growth in one has part of the world necessarily means the expansion of other economies, as believe some specialists.

" It is a fallacy to say that a high tide raises all boats". It cited the growth of the productivity in the United States of 1920 the 1941 and of the Europe of 1955 the 1980, adding that in these periods he did not have expansions in other economies of the globe. " Therefore, the Brazilians would not have to be worried about the growth of the United States in next five years" , he suggested, adding to be aware that his opinion seems a heresy and can sound as a contraindication.

" It is clearly that the development of the United States would lead to a faster growth of the exportations in Brazil" , he pondered. This advance, however, leads to other factors not so beneficial, as the increase of the taxes of interests in the world, that must be followed by other countries, as Brazil. This, according to it, would discourage the competition of companies of the country.

(This is a machine translation with ELMAT fine tuning)



To: energyplay who wrote (21598)8/25/2007 10:39:45 PM
From: elmatador  Respond to of 217906
 
Greed arrived at the masts. Today people get bonus to perform. Before you worked because that was your job and you would perform because that is what was expected from a professional. Perhaps because people some 40 years ago had work ethics.

I noted 2000, at Siemens in their wireless business; (in the projects where I used to pole-climb) they no longer have those 40 to 55 engineers running the business. There was this young boy circa 30 with spiky hair. Actually a nice a fellow. I discovered he came from Procter and gamble!! I though what the hell a guy doing this job is good for? He understands perhaps about selling nappies for babies of toilet paper!

It dawns on me now that the industry needs some unethical people. The people there were too ethical for the good of the business.

Today Siemens is in the pages of the newspapers due to greed and accounts that were used to siphon money to buy projects everywhere. Its CEO sacked, former CEO and Chairman of the board gone too. The business? Was sold out to Nokia and they created a joint venture