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

To: TobagoJack who wrote (98910)	3/1/2013 10:47:33 AM
From: elmatador	Read Replies (1) \| Respond to of 218197

even though incomes slumped by the most in 20 years, indicating Americans were weathering a rise of the payroll taxes by dipping into their savings. US incomes suffer biggest fall in 20 years By Anjli Raval in New York US consumer spending ticked up in January even though incomes slumped by the most in 20 years, indicating Americans were weathering a rise in payroll taxes by dipping into their savings. Household purchases – which make up about two-thirds of the US economy – edged 0.2 per cent higher last month, in line with expectations, following a 0.1 per cent rise in December, the commerce department said. This sent the savings rate down to 2.4 per cent in January, the lowest level since November 2007, from 6.4 per cent the month prior. Incomes dropped 3.6 per cent – the biggest fall since January 1993 – after a 2.6 per cent jump in December. Economists said the drop in incomes was largely a reversal of the early dividend payments made at the end of 2012 by companies to beat the 2 percentage point increase in payroll taxes. “The unwind of the dividend and bonus boost to income in December and the expiration of the payroll tax cut eroded income,” said Millan Mulraine, strategist at TD Securities. Disposable income, or after-tax income, fell 4 per cent after adjusting for inflation, the biggest fall since monthly records began in 1959. A slowly improving labour and housing market have supported consumer spending gains in recent months, but economists said higher taxes and rising petrol prices may encourage more Americans to cut back on their outlays. “It is far too soon to argue the economy has dodged the payroll tax bullet; typically, cash flow shocks – usually gas

To: TobagoJack who wrote (98910)	3/3/2013 12:19:09 AM
From: Snowshoe	3 Recommendations Read Replies (3) \| Respond to of 218197

>>The theory has merit only if prof chen can explain the Japanese<< Thanks. The language structure theory piqued my curiosity, but I don't have the background to evaluate it. Meanwhile, here's a topic I'm a bit more familiar with. Scandinavians like to think they invented skiing, but others now suggest it was developed in the Altai Mountains along the border of western Mongolia and China. There are still some nomads in this remote region making and using an ancient and traditional type of ski. If I ever visit China, this place would be interesting to see... China - Birthplace of Skiing reccoprofessionals.wordpress.com