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


To: Cogito Ergo Sum who wrote (90722)5/29/2012 12:11:28 PM
From: dvdw©  Read Replies (1) | Respond to of 218273
 
Why would you expect less, than bickering amongst your selves?

Canada is not a homogeneous population, its a semi melting pot with a ton of oligarchic malfeasance locked in.

Diverse Populations as constrained by boundaries need degrees of freedom more than anything else.

Canadians are at once strongly independent, while being mostly, bought and paid for. Thats a dichotomy that sets the tone for the cultural dialog. The fierce independence is expressed by disconnect from government policy, its manifested by 1,000,000s of small acts of subversion against predator government.



To: Cogito Ergo Sum who wrote (90722)5/29/2012 12:59:09 PM
From: the navigator  Read Replies (3) | Respond to of 218273
 
Uruguay on list.. not only possibility.. Argentina definitely NOT on the list :O)

have you looked at equador?



To: Cogito Ergo Sum who wrote (90722)5/30/2012 1:40:29 AM
From: TobagoJack1 Recommendation  Read Replies (3) | Respond to of 218273
 
re the black swan

just in in-tray

sfgate.com

Taleb Says Euro Breakup 'Not a Big Deal' as U.S. Still ScariestMay 30 (Bloomberg) -- Nassim Taleb, author of "The Black Swan," said he favors investing in Europe over the U.S. even with the possible breakup of the single European currency in part because of the euro area's superior deficit situation.

Europe's lack of a centralized government is another reason it's preferable to invest in the region, said Taleb, a professor of risk engineering at New York University whose 2007 best- selling book argued that history is littered with rare events that can't be predicted by trends.

A breakup of the euro "is not a big deal," Taleb said yesterday at an event in Montreal hosted by the Alternative Investment Management Association. "When they break it up, there will be a lot of fun currencies. This is why I am not afraid of Europe, or investing in Europe. I'm afraid of the United States."

The budget deficit as a proportion of gross domestic product in the U.S. amounted to 8.2 percent at the end of 2011, government figures show. That's twice the 4.1 percent ratio for euro-region countries, according to data compiled by Bloomberg.

"Of course Europe has its problems, but it's in much better shape than the United States," Taleb said. He voiced similar concerns about U.S. prospects at a conference in Tokyo in September.

Yields on two-year Treasury notes were little changed at 0.285 percent at 9:19 p.m. New York time yesterday, while yields on five-year notes dropped more than one basis point to 0.761 percent.

Interest Rates

Rising interest rates would make things worse for the U.S., said Taleb, a principal at hedge fund Universa Investments LP who also serves as an adviser to the International Monetary Fund.

"We have zero interest rates," Taleb said. "If interest rates go up in the United States, you can imagine what the deficit would be. Europe is like someone who is ill but is conscious of it. In the United States we are ill, but we don't know it. We don't talk about it."

Europe's lack of a centralized government works in its favor, he said.

"The best thing Europe ever did is managing to have members bickering with each other, so you don't have the big government," Taleb said. "Centralized government doesn't work. In Europe they tried to have a powerful Brussels, but what happens when you have a powerful Brussels? You have lobbies hijacking Brussels."

--Editors: Josh Friedman, Andreea Papuc

To contact the reporter on this story: Frederic Tomesco in Montreal at tomesco@bloomberg.net