Just kidding. However, for those of you who has investment in stock market, thinking about what to do with your money, the INFLATION is comming!!! The global depression is comming. The market drop this week is just the beginning of the whole problem. Fed try to keep the market afloat by pumping more money into market. This will cause the interest rate to go up. However, Fed keep the prime rate flat to encourage investment. This is like stoping a flood by building a bigger dam. The corp scandles from 2-3 ago are just a leak. The subprime morgage is just a small crack. Pretty soon, I can only get a CD that is same rate as inflation. Ladies and Gentalmen, all we can do now a day is to enjoy our good time while playing badminton. So, play on and enjoy a nice weekend. PS, I am board at work and I don't want to do anything this afternoon.
yes and china, japan, south korea and EU are her sugar daddies. One day, every other countres would own a piece of her
She? and yes, luckily so, confidence is important...Though I must say I better refrain from talking polictics, I'd embarass myself
Just means stronger domestic markets here, so from a European point of view, its getting more of America per euro we spend, and strengthening our own economy by encouraging investment. who wants to invest in a market that hit an all time low against the euro friday before last ( when i checked it was trading at 1 dollar to 2 sterling !!!) With the huge growth in china and with EU going from strength to strength , america is quickly losing ground and will have to start working hard for its wealth again. seems to go in cycles doesnt it? if i was investing, id buy up all i could in chinese lime ( not the fruit ) stocks, or raw materials( sand etc ) and maybe dabble in india or russia for some high risk long term stuff. sadly, im still in college and have no money
The dam is starting to burst and the technicians are pumping more concrete into the cracks. Master SH, do you forsee a global recession? I hope we don't see the D word and then the S word. The events of late 1929 and 1930s comes to mind again. quote=silentheart;631049]Just kidding. However, for those of you who has investment in stock market, thinking about what to do with your money, the INFLATION is comming!!! The global depression is comming. The market drop this week is just the beginning of the whole problem. Fed try to keep the market afloat by pumping more money into market. This will cause the interest rate to go up. However, Fed keep the prime rate flat to encourage investment. This is like stoping a flood by building a bigger dam. The corp scandles from 2-3 ago are just a leak. The subprime morgage is just a small crack. Pretty soon, I can only get a CD that is same rate as inflation. Ladies and Gentalmen, all we can do now a day is to enjoy our good time while playing badminton. So, play on and enjoy a nice weekend. PS, I am board at work and I don't want to do anything this afternoon.[/quote]
For economics experts out there, will we see a soft landing as a result of government intervention? P.S. In 1997, the new SAR government of HK was criticized for its invention policy by the West. I find the West (US especially) hypocritical.
The Dow Jone is too high. It can take a 15% hit and still consider high. The reason for DJ to hit the record high is because there are too much money (on the paper) Bush gov only slow down or delay the recession. In a way, I wish Al Gore won the election the first time. The Dem will be the one to take the full blame for 911 and the recession and the recession will be shorter. However, no one can prove that pov now.Also there is a big issue that no one has bring it up yet. The foreign debt US is carrying. If US goes into recession. Tax revenue decrease. US gov have to print more money to pay the foreign bond holder while taking in less money. this will bring in inflation pressure while gov keep the prime rate down. The in-balance is starting now. This is just the beginning...
Here is some thing I predicted 2 years ago. http://www.badmintoncentral.com/forums/showthread.php?t=26083&highlight=recession&page=4 Maybe it was a lucky guess.
Yeah, they're just waitin.. ..for the Dems to win the election, next yr, and take over the White House and perhaps "save" America?!?!....
mojo, ur have a clear head This is a US sub prime problem but other unrelated markets are jumping ship as well like lemmings This is the time to buy, not sell, especially commodities. The total subprime problem is 150 billion$ and mostly held by american and EU countries or about 150 $/citizen. The average US house price in the US had dropped 2% so far, whoppee It is only a temporary cash crunch where hedge funds have to sell GOOD stocks to raise cash. Their loss is your gain if u buy good stocks now. It is a rare instance where smart retail investors can 'steal' from the rich pros. It can't be a recession, businesses around the world and the US are too robust...
clear head is no good without some hard currency to invest with. A friend was discussing with me the other day, that its only a matter of time until the US government drives taxes through the roof and strangles the economy. right now , the US owe a couple of billion dollars to world banks etc, but nobody really has the balls to push hard for this money to be returned, or to curb the lending, because the US has so many vested interests in other countries, and v versa, that if they were to put pressure on the US it would damage them selfs too. Give it 10-20 years until other countries are strong enough to operate economically without america, and then the US will be abandoned and owe a hell of a lot of money . Its an interesting theory and i can see it as a possibility. Hard to say how badly it will affect you guys over there. on an tangent, anybody here actually invest in anything ever, or are we all talk ?
July new home sales and durables orders rise By Mark Felsenthal 2 hours, 1 minute ago WASHINGTON (Reuters) - Sales of new single-family U.S. homes unexpectedly rose in July and new orders for durable goods posted strong gains that underlined the economy's strength just before a credit crisis socked financial markets. New home sales rose 2.8 percent to an 870,000 annual pace last month, reversing two months of declines, and inventories eased, a Commerce Department report showed on Friday. Analysts were expecting new home sales to dip to an 820,000 sales pace. Home sales in June were revised to an annual rate of 846,000 from the previously reported 834,000 rate. "It's unexpectedly firm. So combined with durable goods data, this suggests that the economy was fairly sturdy heading into the market disruption in August," said Pierre Ellis, senior global economist at Decision Economics in New York. ------- subprime mess should cut into new home sales but didnt
if u had some dough, u would of make some more dough Fed first rate cut, boom, stock market in happy days again