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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: humble1 who wrote (8683)8/13/2012 10:35:49 AM
From: zman69  Respond to of 41454
 
AMEN!

Couldn't have said it better myself. Great minds think alike ;)



To: humble1 who wrote (8683)8/13/2012 10:58:51 AM
From: cmg  Read Replies (1) | Respond to of 41454
 
no mistake, debate is healthy unless you can not process it.

In my opinion we are in a private deleveraging cycle and nothing can stop it. Demographics continue to favor deleveraging and the wheels go round and round that is why I don't think any amount of public spending will work and raises the risk of higher inflation if the governement spends Trillions on a job programs like they did in the 30s. A Works program and I'm not sure for what because if the do something like the wpa it seems to me that, that would just take $$$ from private to public. I'd like to see the the long term liabilities tackled, ie: public pensions, and healthcare, plus the crazy way public employee's can have a full pension after 10 years in some states, ie: Detroit, Wayne County MI. It's easy for the elected leaders to continue to vote for more and more pensions when they don't come due for 40 years which makes the private sector slaves to the public. Mish had an interesting article today : globaleconomicanalysis.blogspot.com. Glad I found the board, like the civil dialogue, and we are all here to make money.

cmg



To: humble1 who wrote (8683)8/14/2012 9:53:51 AM
From: robert b furman  Read Replies (1) | Respond to of 41454
 
HI H1,

Excellent points.

Deflation is a sign that globalization has destroyed most of the US private unions as well.

Cheap energy will give US industry a competitive edge that will allow a cushion for somewhat higher wage scales and no transportaion costs from global sources.

This will be slow and helpful as a long term tailwind.

The most misunderstood mega trend is how universally the internet has exposed the efficient provider of all goods and services.

The internet is the greatest equalizer of pricing goods and services in the history of man - yet it is not fully understood to be that by a vast majority.

I personally have seen this morph into the greatest impact in the used vehicle business.

Bob