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


To: Steve Lokness who wrote (111766)5/18/2010 12:55:37 PM
From: ajtj997 Recommendations  Read Replies (2) | Respond to of 116555
 
You are not getting what free markets are about.

Let me use an example from the grocery store.

Ramen Noodles cost about $0.10 per package. Chuck roast runs about $2.50/lb. Ribeye Steak runs about $10.00/lb.

A US worker with a high school degree is the grocery equivalent of Ramen Noodles in this global economy. A US worker with a bachelors degree is the grocery equivalent of chuck roast. A US worker with an advanced degree in a high demand industry is Ribeye Steak.

Basically some people posting here want the market to pay $0.50 for Ramen Noodles and $5.00 for Chuck Roast. Well, at that price most of the Ramen Noodles will sit on the shelf well past their expiration date. The same for the Chuck Roast.

The New York Strip will sell at market all day long.

It's about adapting to reality, not sitting on your hands and hoping things don't ever change.



To: Steve Lokness who wrote (111766)5/18/2010 5:03:49 PM
From: roguedolphin5 Recommendations  Read Replies (1) | Respond to of 116555
 
<<"I don't believe in conspiracy theories and have ABSOLUTELY nothing in common with "rogue".">>

Well Steve I don't "believe in conspiracy theories" either. I believe in digging for the truth and doing a bit more critical and thorough investigation than the average run-of-the-mill-clueless-brain-washed American sheep being led to the slaughter.

IF it's true(???) that you ("have ABSOLUTELY nothing in common with "rogue")....

...then I truly feel you really must be one clueless and ignorant individual.



To: Steve Lokness who wrote (111766)5/18/2010 5:27:37 PM
From: benwood2 Recommendations  Read Replies (1) | Respond to of 116555
 
Steve, do you believe in the gov't's "official" conspiracy theory about 9-11, or one of the many competing conspiracy theories about 9-11?

con·spir·a·cy (kn-spîr-s)
n. pl. con·spir·a·cies
1. An agreement to perform together an illegal, wrongful, or subversive act.