Forum: Business, Finance, and Investing
11-30-2007, 10:19 PM
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Replies: 9
Views: 154
Re: How dodgy is the Citibank-Abu Dhabi deal?
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The FRB is up to their eyeballs in a huge scandal that includes Citigroup, Chase, HSBC, Bank of America, and many more major banks, plus, all the federal banking regulators, Federal...
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Forum: Politics
11-29-2007, 11:56 PM
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Replies: 65
Views: 1,141
Re: The differences between 1929 and Today
Is it me or did you say in one post that there was contraction of the money supply underway due to the credit crunch and then refute your own arguement by stating it wasn't the case and asserting its...
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Forum: Politics
11-29-2007, 11:54 PM
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Replies: 65
Views: 1,141
Re: The differences between 1929 and Today
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so you're saying we're gonna have a 1933 style german depression instead of a 1933 US style?
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Germany in 1933 was not the world's richest nation, nor did it have the...
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Forum: Politics
11-29-2007, 02:02 PM
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Replies: 65
Views: 1,141
Re: The differences between 1929 and Today
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We aren't going to have a contraction of the moeny supply because Bernanke is going to print dollars like crazy and destroy the currency. Hyperfinlationary recession or deflationary...
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Forum: Politics
11-29-2007, 01:57 PM
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Replies: 65
Views: 1,141
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Forum: Politics
11-29-2007, 01:56 PM
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Replies: 65
Views: 1,141
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Forum: Politics
11-29-2007, 01:56 PM
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Replies: 65
Views: 1,141
Re: The differences between 1929 and Today
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contraction was a symptom of the weakness in the economy that existed in reality
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Correct me if I'm wrong, but I thought the position of the Austrians was that the...
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Forum: Politics
11-29-2007, 12:05 PM
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Replies: 65
Views: 1,141
Re: The differences between 1929 and Today
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There was alot, perhaps unprecedented, mal-investment in housing.
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Yes. The effect the rest of the economy (which is about to awash with investment as dollars come...
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Forum: Politics
11-29-2007, 12:00 PM
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Replies: 65
Views: 1,141
Re: The differences between 1929 and Today
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the Fed has provided more short term liquidity because some normally credit worthy borrowers are having trouble finding funds to borrow short term. That's basically a credit crunch.
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Forum: Business, Finance, and Investing
11-29-2007, 09:37 AM
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Replies: 52
Views: 617
Re: Anyone Else At The Panic Point On The Dollar?
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Yes but you can argue that this system is the reason why the American standard of living must decline. All things being equal, there is no reason why an hours work by a person in America...
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Forum: Politics
11-29-2007, 09:20 AM
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Replies: 9
Views: 170
Cost of living and its effect on immigration
Questions - Will the market do what government and lack of political will have failed to do? Will the falling of the US dollar and the rise in the price of energy diminish incentive for immigration...
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Forum: Politics
11-29-2007, 09:15 AM
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Replies: 65
Views: 1,141
The differences between 1929 and Today
All the chicken-little-OMFG-The-Sky-Is-Falling-We're-Already-In-The-Next-Great-Depression talk has be bothered to the point that I did a little review about the Great Depression.
Namely, I had an...
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Forum: Business, Finance, and Investing
11-27-2007, 09:53 PM
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Replies: 52
Views: 617
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Forum: Politics
11-25-2007, 10:42 PM
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Replies: 65
Views: 496
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Forum: The Lounge: Discussion+Review
11-17-2007, 02:39 PM
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Replies: 52
Views: 608
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Forum: Politics
11-16-2007, 03:40 PM
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Replies: 141
Views: 1,089
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Forum: The Lounge: Discussion+Review
11-15-2007, 01:11 AM
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Replies: 30
Views: 156
Re: The Economy, Lounge Style
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find this wanting. You assume that the boom represents capital misallocation, but I don't see proof for that. The very point of the market is experimentation, which is hugely wasteful,...
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Forum: Politics
11-13-2007, 12:17 PM
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Replies: 37
Views: 352
Re: could US collapse like the USSR did ?
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I wouldn't go so far as to say the FED is part of some conspiracy but they certainly are not afraid to knowingly flirt with danger and support political objectives at the expense of...
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Forum: Politics
11-13-2007, 11:32 AM
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Replies: 37
Views: 352
Re: could US collapse like the USSR did ?
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I'm not so certain about the FED. They just cut rates twice (printing more money) with the $ at longtime lows. They are feeding the devaluation of the currency instead of actally...
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Forum: Politics
11-12-2007, 12:04 PM
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Replies: 37
Views: 352
Re: could US collapse like the USSR did ?
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No way, countries don't just go and collapse. USSR collapsed because it was run by an extremely unnatural and inefficient regime, and was rotted out from the inside out. The...
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Forum: Politics
11-09-2007, 04:35 PM
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Replies: 65
Views: 233
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Forum: Politics
11-09-2007, 04:30 PM
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Replies: 9
Views: 69
Lions For Lambs
Gentlemen (and I use that word loosely),
I went to the movies this afternoon specifically to write a review of this picture. I have chosen politics for it because I feel compelled to color the...
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Forum: Politics
11-09-2007, 10:53 AM
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Replies: 40
Views: 169
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Forum: Politics
11-08-2007, 10:51 AM
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Replies: 40
Views: 375
Re: USA can thank China....
Is anyone suprised? (http://news.yahoo.com/s/afp/20071108/bs_afp/forexeurope_071108112729)
I mean, really. We've been running the money changer scam on the world for four decades. Is it suprising...
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Forum: Politics
11-07-2007, 03:44 AM
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Replies: 53
Views: 393
Re: Did the US Nuke Syria?
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What I meant by REALLY speculating, was that there is no reason to believe that little black spot on the map is a crater, either from a bomb or otherwise, and you guys are really just...
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