Comments on: Cursing the Loss of Purchasing Power

By: justin

justin — Wed, 16 Apr 2008 07:33:17 +0000

Mireille,

Where is it going? Into thin air, why? because that is where it came from. It is called fiat money. Mind you, just because it never really existed in the first place, doesn't mean your creditor won't want it back.

By: Unpopular Truth

Unpopular Truth — Wed, 16 Apr 2008 01:28:08 +0000

Mireille, if the US collapses the world goes with it. It's as simple as that. If you want to know why outsiders would keep the US system running, look no further than self preservation. Who do you think buys all the stuff that China makes?
Ruin your customers, ruin your business.

By: Ross

Ross — Tue, 15 Apr 2008 23:34:01 +0000

supporting the inflation line, is the fed's wobbly collateral & balance sheet starting to weigh on UST's? With swap spreads up, equities up, and bonds south, the market seems to be saying that equities other than the financials, despite the near term earnings outlook, are in fact the last chance of a safe haven.

By: Mireille

Mireille — Tue, 15 Apr 2008 13:39:12 +0000

you know it becomes really clear every day how this corrupt US regime has, is, and fosters, stealing from the whole world, not just Americans. Whoever gets this money they syphoned off from everyone ( by the way, I wonder still why China at such an early juncture fused capital into Wall Street investment banks, what part of the plan is this fulfilling? or are they not so bright?), what will they do with it? what if they died tomorrow? where is it going?

By: Pete

Pete — Tue, 15 Apr 2008 13:09:30 +0000

Oh-no Mogambo! Where's the crazy acronyms? I miss them.

As for US stocks not being sold off, in the face of earnings downgrades...I don't think anyone should underestimate the ability of investors to hope that they will go back up again. Hey, all they have to do is hold on to them for a while and the market will pick up...right? Ha. Besides, no-one likes to sell in the red, it's like admitting defeat.
-begin sarcasm-
And Americans never get defeated, they are the world leaders in everything that could possibly exist.
-end sarcasm-

In the cycle of investor emotions that occurs when bubbles burst, we are not even close to the panic, capitulation or desperation stages yet (although I bet Bear Stearns staff are a bit ahead on this one).

By: mike

mike — Tue, 15 Apr 2008 13:07:54 +0000

...all these nervous nellie investors...opening and closing the oven door to check on the progress of their over-leveraged souffle....good luck with that........antedote for interest rates too low for too long?....just set the price of oil too high ...for longer.....it's called " turning up the heat".....

By: nic meredith

nic meredith — Tue, 15 Apr 2008 08:27:13 +0000

But who buys the stocks for the PPT........ then who owns those stocks........and is this also a private share heist or nationalisation by the Glorious Peoples Republic of U.S.A........???