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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (81902)7/23/2008 1:06:58 AM
From: Sr K  Respond to of 116555
 
>>Altman, the creator of the Z-score mathematical formula <<

He's, periodically, promoting his Z-score.

GIGO.

Because it only uses numbers from the balance sheet and income statement, and it ignores notes and other factors.

You don't get precision from imprecision.



To: koan who wrote (81902)7/23/2008 7:21:14 AM
From: elmatador  Read Replies (1) | Respond to of 116555
 
There are two oligarchies in the US: Financial and Industrial. Both have worked one against the other to control and profits.

In all countries is like that: competing oligarchies compete for profits.

In our case here, in Brazil, the oligarchies are industry and rural agribusiness-based oligarchy. They've been competing for about a century.

When the US was at Brazil's stage, the nascent industrial oligarchy fought and wiped out the rural based agricultural oligarchy in the Civil War.

The financial oligarchy raised and has been competing (and winning) against the industrial oligarchy. Thus no chance for F GM to survive, now that financial oligarchy has taken the reins, climbed the saddle and is riding the US. Message 24783199



To: koan who wrote (81902)7/23/2008 7:22:45 AM
From: elmatador  Respond to of 116555
 
This is our oligarchies competing.
Message 24752637



To: koan who wrote (81902)7/23/2008 7:25:00 AM
From: elmatador  Respond to of 116555
 
Give you another example: Iranian oligarchy getting rich while people talk about nukes and theocracy.

Message 23458497



To: koan who wrote (81902)7/23/2008 11:41:45 AM
From: elmatador  Respond to of 116555
 
US industry is alive and well: abroad

"GM asks HQ authorization to invest another USD1billion."
Message 24783748

Caterpillar boosted by emerging markets
Message 24783859