I'm a Sucker

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  • Interview with Jim Rogers, Part II: China as World’s Best Long-Term Profit Play
    The Chinese have a 50% savings rate. Their stock market is small compared to the real economy. The population is educated and adaptable. I wouldn't bet against them at this point.

    The difference between the Chinese and the Russians is their business sense. Have you been to China lately. Every neigborhood looks like a China town. There are more small shops / business owners than sands on the beach.
    Aug 23 04:33 am |Rating: 0 0 |Link to Comment |View article
  • Who Benefits When the Fed Floods the System with Liquidity?
    The FED steals from the poor and gives it to the rich. There's no use saving money. The name of the game is to borrow as much as you can and invest in someting that yields more than the borrowed cost. If you bet wrong, claim bankruptcy wait a few years and try again.
    Jun 05 00:28 am |Rating: 0 0 |Link to Comment |View article
  • Commodities Prices: Speculation Exposed
    How can they drive the price up without taking delivery? At expiration time wouldn't there be a massive sell off thus driving the price down?

    The FED is inflating at an incredible rate to save the banks. If you give everyone a million bucks, how much would it cost to buy a car? This is essentially the problem. The money supply is growing like a weed.
    May 22 00:42 am |Rating: 0 0 |Link to Comment |View article
  • The Credit Crunch Is Far From Over
    The bottom is in. Someone should create a website documenting how wrong these pundits are. There's no bottom until you have real rate of return that beats inflation.
    Apr 18 02:14 am |Rating: 0 0 |Link to Comment |View article
  • A Little Financial Knowledge Is a Dangerous Thing
    Only idiots will turn their money over to idiots. Never take financial advice from someone who has a job.
    Apr 18 02:01 am |Rating: 0 0 |Link to Comment |View article
  • Chance This Is The Bottom? Zero.
    Curious Cat, the Democrats will tax and spend but the Republicans will cut taxes and spend. The difference is inflation and not supply side economics. Poor and middle class people don’t know how to invest effectively so they get killed by the hidden tax called inflation. Rich people know how to invest and can minimize their risks. Inflation takes money from the bottom half and gives it to the upper class. Deflation is the complete opposite. If we had sound money policy people could raise their standard of living by putting money underneath their mattresses. Human ingenuity makes products cheaper. Instead, people’s standard of living is going down due to inflation. It takes two incomes to raise a family. I’m talking about real inflation and not the core that excludes energy and food. What a joke!

    www.comedycentral.com/...

    Watch 4:30 seconds into the clip. Greenspan is a thief!!!!
    Apr 06 04:21 am |Rating: 0 0 |Link to Comment |View article

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