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 Strategies & Market Trends | The Financial Collapse of 2001 and Beyond


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To: bart13 who wrote (87571)2/28/2012 2:02:23 PM
From: ggersh
1 Recommendation   of 109155
 
That takes work and a bit of logic,
BTW he didn't CC me the memo either! -vbg-

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To: Haim R. Branisteanu who wrote (87570)2/28/2012 2:15:54 PM
From: bacchus_ii
   of 109155
 
I think Greece is just a little more advanced in the generally worldwide deterioration of moral behavior promulgate by Hollywood, politic, finance-oligarch....starting at the begining of 1900's. Sorry, my English writing is too poor to say more.

Re:"The problems with Greece are the Greeks themselves. No one can step in and do it for Greece, get rid of the "blood suckers" that do nothing and just skim money from every financial move a citizen must do in his daily life.

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To: ggersh who wrote (87561)2/28/2012 3:10:50 PM
From: elmatador
1 Recommendation   of 109155
 
By people you mean ? Any people with brains within the society. If that inflation was bad, meaning if there were no oligarchs earning money with inflation, it had been uprooted at the onset.

But Brazilian hyperinflation was a tax on the poor. Simple transfer of money from poor to government and from poor to the rich.

Anyone in Euro and the US had better watch out... There are people who love inflation.

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To: elmatador who wrote (87574)2/28/2012 3:14:11 PM
From: Paxb2u
   of 109155
 
Yes---and one is our FED---Peace

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To: Paxb2u who wrote (87575)2/28/2012 3:16:22 PM
From: elmatador
1 Recommendation   of 109155
 
Pax, once inflation kicks in interest groups try to stop any way to tame it: The number-one reason Gustavo Franco gave for ultimate success (of the plan to end inflation) was a unique period where none of the political forces of the country were able to intervene in the process to promote the special interests that the state had become committed to supporting in the preceding decades.

President Fernando Collor de Mello was impeached in December 1992 and replaced by his vice president, Itamar Franco. “Franco was not interested in economics and signed anything the ministers would bring him. This was unbelievable, but it depoliticized the process.” Congress was also sidelined by a major scandal in December 1994 in which 26 members of congress and three state governors were implicated in diverting millions in federal funds into their own accounts. “This kept them out of the discussion. This gave us a window of opportunity where the politicians did not interfere.”

econ.puc-rio.br

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To: elmatador who wrote (87576)2/28/2012 3:28:40 PM
From: Paxb2u
   of 109155
 
That was a great out come. I'm afraid here, in order to get the politicos out of the process, we'd have to start all over again.---Peace

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To: elmatador who wrote (87574)2/28/2012 3:42:11 PM
From: ggersh
   of 109155
 
It always ends up as the transfer mechanism.
Inflation through markets helps the have's.


But Brazilian hyperinflation was a tax on the poor. Simple transfer of money from poor to government and from poor to the rich.

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To: average joe who wrote (87566)2/28/2012 5:17:27 PM
From: Maurice Winn
1 Recommendation   of 109155
 
Like carving moais out of the rock on Easter Island, digging gold out of the dirt in the Yukon is a good way to consume the spare young males of otherwise little value.

Perhaps gold has got a good function after all - keeps lots of young males off the streets.

Mqurice

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To: carranza2 who wrote (87568)2/28/2012 5:24:49 PM
From: Maurice Winn
1 Recommendation   of 109155
 
Quite right C2. Not only did I not dispose of it during the last big correction, I bought a dirty great load of the stuff [in the form of GLD]. <

Gold is volatile, but persistence and a steely will to not dispose of it during corrections will serve everyone well.
>

It was a lot of fun to buy so much gold and I hope to do it again some day. Since so many people want so much of it, I'm planning on selling them tons of the stuff too.

Gold is a bit above the 31 Dec 2012 sooth already. With the Dow heading for the 16,000 level, gold on hold will be the order of the day.

Mqurice

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To: Maurice Winn who wrote (87579)2/28/2012 5:41:05 PM
From: average joe
1 Recommendation   of 109155
 
It keeps all kinds of loafers and ne'er do wells actively engaged in pursuing a fantasy. However to qualify that I do know a few people who have become wealthy beyond their wildest imaginings doing this and similar treasure hunting.

youtube.com

The most interesting fact about the Yukon is more money went there looking for gold than was ever extracted from the cold creeks of Dawson City.

Robert Service more than made up for the bad balance sheet with his poetry.

Good-Bye, Little Cabin

O dear little cabin, I’ve loved you so long,
And now I must bid you good-bye!
I’ve filled you with laughter, I’ve thrilled you with song,
And sometimes I’ve wished I could cry.
Your walls they have witnessed a weariful fight,
And rung to a won Waterloo:
But oh, in my triumph I’m dreary to-night —
Good-bye, little cabin, to you!

Your roof is bewhiskered, your floor is a-slant,
Your walls seem to sag and to swing;
I’m trying to find just your faults, but I can’t —
You poor, tired, heart-broken old thing!
I’ve seen when you’ve been the best friend that I had,
Your light like a gem on the snow;
You’re sort of a part of me — Gee! but I’m sad;
I hate, little cabin, to go.

Below your cracked window red raspberries climb;
A hornet’s nest hangs from a beam;
Your rafters are scribbled with adage and rhyme,
And dimmed with tobacco and dream.
“Each day has its laugh”, and “Don’t worry, just work”,.
Such mottoes reproachfully shine.
Old calendars dangle — what memories lurk
About you, dear cabin of mine!

I hear the world-call and the clang of the fight;
I hear the hoarse cry of my kind;
Yet well do I know, as I quit you to-night,
It’s Youth that I’m leaving behind.
And often I’ll think of you, empty and black,
Moose antlers nailed over your door:
Oh, if I should perish my ghost will come back
To dwell in you, cabin, once more!

How cold, still and lonely, how weary you seem!
A last wistful look and I’ll go.
Oh, will you remember the lad with his dream!
The lad that you comforted so.
The shadows enfold you, it’s drawing to-night;
The evening star needles the sky:
And huh! but it’s stinging and stabbing my sight —
God bless you, old cabin, good-bye!

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