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- gat commented Feb 26, 2015
Keynes was wrong. He was all over the place for one thing, his disciples warped what he leaned to beyond what he said, and government learned to use it to their advantage.
Is This The Most Important Chart For The Future Of The World's Reserve Currency?
- gat commented Feb 26, 2015
My prediction is a knee jerk drop, another kneejerk recovery and increase, then going nowhere. In any case the FED should not increase rates because it exaberates the debt problems. There are other means to constrain credit and money supply and ...
When the Fed finally raises rates, stocks will go nowhere
- gat commented Feb 23, 2015
Rather than raising overall rates, which increases payments on government debt, specific areas should be targeted to keep inflation low. For instance housing construction is at a good level around 5.0 million. Certainly no need for stimulus and if ...
Fed's Lacker says it may already be too late to raise rates
- gat commented Feb 19, 2015
The US has dropped a couple more notches down the list of most free nations. BHO has not cared about public opinion nor any laws and is not about to start. But now the House and Senate are not his - at least officially. BHO has little problem with ...
Germany rejects Greek extension proposal, govt official says
- gat commented Feb 17, 2015
Well it certainly won't be Argentina. There is the grey of Obama deciding to pay to kiss the Greek butt by bailing them out. The n he can go on family vacation there with his camera on a selfie stick. Putin will demand substantial returns on his ...
Here's what happens if Greece is forced out of the euro
- gat commented Feb 17, 2015
Greeks have had Germans kissing their butt for years now while being completely unrealistic. With Russia they will be the ones kissing butt but won't realize it for a while in their delirium. Greece is more communist than Russia. After/if they take ...
Here's what happens if Greece is forced out of the euro
- gat commented Jan 29, 2015
The other nations do better budgeting with far lower GDP / person. That is glaring evidence of failure by Greeks. They have been socialist at best and communist often. they have had the predictable bloated government with over bearing regulation and ...
Greece Wants a Debt Break. What About Its Poorer Neighbors?
- gat commented Jan 14, 2015
One trade went off at the magic goal of $150 before backing right back off a few dollars.
Oil above $100? Never again, says Saudi Prince Alwaleed
- gat commented Jan 13, 2015
Exodus: Are your numbers for fracking or traditional drilling? Have seen $32 for traditional and $50 to 60 for fracking. Also wasn't GM near ready to produce a hydrogen cell car before the ever so experienced and qualified government car tsar put it ...
Oil above $100? Never again, says Saudi Prince Alwaleed
- gat commented Jan 13, 2015
“If supply stays where it is, and demand remains weak..." does not really say anything so this is a non story. We still import 40% of our use and fracking has a breakeven point of $60 / barrel for some so of course it will go back up. Only question ...
Oil above $100? Never again, says Saudi Prince Alwaleed
- gat commented Jan 8, 2015
HELP!!! My $100 of groceries only cost $99.80. If I just did not buy groceries for another quarter I might have saved another 20 cents. Keep having low deflation rates and eventually things like hospitals, pharmaceuticals, and colleges will be ...
Europe's Worst-Case Economic Scenario Has Arrived And There May Be No Way Out
- gat commented Jan 7, 2015
Yes, 21v7 gets it. Deflation is not a big bogeyman - unless it goes over 5% annually imo. Meanwhile if interest rates are increased the People would pay more interest on government debt spiraling that even more out of control than it has been since ...
When will interest rates rise?
- gat commented Jan 4, 2015
Have already said the national currencies are fiat insomiawawa. I'll take the full faith and credit of a government, tarnished as is, over a guy named Fred somewhere. There are some cities that have Peoria or whatever dollars too. those are ...
Mt. Gox Bitcoin losses likely 99% fraud
- gat commented Jan 3, 2015
Because they poof sprung from nothing with nothing to back them except the ummm... full faith and credit of some guy living wherever. Because the original sellers took your dollars that do have value and the only way you get real money back is to ...
Mt. Gox Bitcoin losses likely 99% fraud
- gat commented Jan 2, 2015
BTC were imaginary with no value from the start. It was all a bubble being sold to suckers. Does have me wondering how the other exchanges are doing so maybe I'll check sometime.
Mt. Gox Bitcoin losses likely 99% fraud
- gat commented Dec 23, 2014
Deflation of up to 3% would not collapse purchasing and imo would be preferable to inflation over 1%.
Ready for $20 Oil?
- gat commented Dec 22, 2014
Sure, you can have an election as long as you vote for my guy. lol Who is more delusional - the present PM, the MP's, or the people? They should turn this in a play. Just not sure if it works better as a comedy or a tragedy.
Greek PM offers early elections in return for support for candidate
- gat commented Dec 17, 2014
Russia has consistently and willingly chosen dictatorial government ever since overthrowing the decedents of Genghis Khan who had controlled Rus for nearly 3 centuries.
Russian fin min says it’s ready to sell USD 7bln worth of FX
- gat commented Dec 17, 2014
"A bored, belligerent, and megalomaniacal dictator..." How does this story go from Russia to talking about BHO?
Oil's Crashing And Russia's Imploding, So It's Time To Start Asking What Will Happen Next...