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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (71261)	4/21/2009 7:51:46 PM
From: Maurice Winn	6 Recommendations Respond to of 74559

While TJ cringes at the financial relativity theory onslaught on his little collection of Aztec totems, and defends the idea that a bigger totalitarian is a better totalitarian in Tibet, Mq the Marvelous is going shopping yet again for piles of SKF and heaps of FAZ. Heading for $2 billion now!! Zim the Amazing would be green with envy. The Tibetan conquerors don't even pretend to have any ideology other than might is right and winner takes all, and the peasants can die if they don't like it. They insist that 1.3 billion people are like-minded clones with themselves as the repository of glory while the desperate in the hutongs can burn their dung and eat what little they can get their hands on; "Let them eat dung". At least the pleasant and personable Dalai Lama has a "hurt not a fly" Buddhist theology if not an acceptable temporal political ideology. The murderous bosses of Beijing have a different philosophy which does not bear scrutiny. TJ foolishly thinks "Tibet is settled in the only sensible way and the settlement is forever". He ignores that forever is a very long time and that a vote in Tibet might still not be in favour of the Beijing Bandits. He obviously doesn't understand social context and geopolitical upheaval, self-determination, or the Christian culture of the individual versus the state in which the state in the form of the Roman Empire won Round 1 and nailed their nemesis to the cross, only to have the Catholic church established right there in far greater glory and splendour in St Peter's basilica than the Romans achieved in their attempts at global hegemony. TJ shall watch and brief and learn some valuable and biblical lessons. Mqurice

To: carranza2 who wrote (71261)	4/22/2009 1:29:54 PM
From: Maurice Winn	2 Recommendations Respond to of 74559

Only 1% global economic output decline? What!?!! Rumour has it we are in huge economic turmoil and recession or depression. <Geithner cited the International Monetary Fund's new economic forecast Wednesday that projected global economic output will fall 1.3 percent this year, the first decline in more than six decades. > 1% or 2% is nothing. 20% would be resting on the oars. 1% is not even a decent holiday. Heck, I have cut back petrol, wine, air travel, hotel accommodation much more than that. Others are obviously not doing their share of cutting back spending to help the planet get rid of debt. They have cut my interest payments so much that I don't even get the crumbs from a Happy Meal. Interest on my US$ at ASB Bank is currently 0%. Yes, zero! That means that borrowers and the bank are enjoying huge price reductions and profits from my savings and the burden of consumption reduction has fallen disproportionately on the savers of the world. Enough!! I am going to go shopping and borrowers can borrow their money from somebody who is willing to lend at 0%. Robert Mugabe will be willing to print some more so that people can borrow it. The USA is doing some "quantitative easing" aka printing too. Seriously, 1% is not much of a GDP cut, even allowing for the small increase in global population. The economic problem seems more of a financial gerry-mandering issue and opportunity to transfer money from savers and taxpayers to friends in high places. Mqurice

To: carranza2 who wrote (71261)	5/4/2009 6:49:50 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 74559

Wow, FAZ has fizzled. It looks as though "Sell in May and go away" is a nice saying but not a sure bet. A bit like "If the glove don't fit, you must acquit". It rhymes, sounds good, but doesn't necessarily have any relationship with reality. Financial relativity theory is as relentless and far reaching as gravity, so it might just be that Big Ben's plans come to fruition. The doomsters want hyperinflationary explosion into disaster, or deflationary implosion into black hole catastrophe. Unfortunately for them, there is no law of the cosmos or financial relativity theory that says either outcome is inevitable. A happy, balanced journey into the future with continuing synergy by 6 billion people is looking increasingly likely. We are now three years into the market clearing process and while Chrysler and others are lined up for the chopping block, the process is orderly enough with buyers ready to take on the parts and put things back on track with redeployed people who were producing things such as SUVs, luxury cocktails in exotic holiday locales, expensive jewelry and early retirements to multiple extravagant houses. The bust and collapse had better hurry up and happen or it'll be too late. So far, prices are more sensible and I can get work done easily. I am hoping for more serious price decreases - all sorts of people think they are worth $200 an hour [to start] in NZ. That's ridiculous. I think they are worth $20 an hour. Mqurice