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

To: TobagoJack who wrote (76499)	7/17/2011 11:50:40 PM
From: carranza2	Respond to of 218132

Ramsey, who made his first fortune with QCOM, wrote brilliantly. Amazing how many former Q-heads one runs into, MQ, Su, me, though I was not as early to the party as those two and therefore did not profit as handsomely. The snowball analogy is utterly correct. I figure the debt ceiling has been discovered as a cute political football for the unstatesmanlike partisans so we will hear about it a lot more in years to come. What a tawdry spectacle. Su's numbers are correct, and I agree that short sales will be effective in clearing the deck somewhat. Simply a recognition that a mortgage truly gives de facto if not de jure ownership to a bank. If seen that way, a short sale is merely a way of marking to market.

To: TobagoJack who wrote (76499)	7/18/2011 6:03:59 PM
From: vegetarian	Read Replies (1) \| Respond to of 218132

Considering that the economy is centrally engineered, a good engineering guess is that the sovereign nations will avoid what they are afraid off and overdrive in the other direction. That is, US is afraid of depression (since they have experienced it before) and will get hyperinflation while attempting to avoid depression and vice-versa for Europe. Hopefully the citizens of each geo are prepared likewise. In a perverse sense a US citizen who is say 10% invested in gold/PM would be better served with a hyper inflation of 10x (1000%) since their net worth would be maintained with 10% PM allocation assuming the assets prices scale linearly with the magnitude, getting only a 50% inflation is worse with only 10% allocation to such insurance because then you end up losing ~35% instead of 50% of net worth, that is, the insurance magnitude is not adequate to provide full protection, the person is better off with a 1000% inflation where their 10% asset allocation will keep them above water.