Most engineers would *love* to be treated as 'second class citizens'. In corporate America, right now, they're treated as subhuman trash, only to...
So basically, all the young people who bought houses this past decade, are f*cked. Not only did they graduate into the worst possible job...
I remember the late 1980s/early-mid 1990s with the collapse of the Soviet Union, the entire economies of the ex-USSR had to be re-geared around...
The banks and the real estate industry has no problem over-stimulating the housing market. The banks had no problem over-stimulating the tech...
Is it possible that the last 'hurrah' for banks will be all of them simultaneously going long relatively long-dated energy and commodity futures?...
So the US default won't be a default, in dollars per se, but rather, will be a default in goods and services. Its kind of like lending your...
Why would commodities crash? If anything, 18% on the short-end of the curve would cause a massive sell-off in the medium-long ends of the curve,...
Shoot the bankers and jail the 'economists' who supported the expansion of 'consumer spending' and 'consumer credit'. Abolish unsecured...
One thing I noticed -- all of the 'retail', and even industrial outfits in Canada that formerly had significant real estate holdings -- have been...
There are still lots of engineers who never recovered after the tech sector collapsed back in 2001. Almost the entire entire graduating classes...
I knew the hotel industry was f*cked when I stayed a few months last year in the SFBay area, at a Hilton, for $35/night. The same hotel room,...
spades, the young people want to work -- but they insist on working for a wage that will actually pay the bills. Why should they work for some...
Where the h*ll will China get USD$ to fund the US budget deficit then if these surpluses are dropping (meaning, less USD$ available for Chinese...
"rich man" doing that = trend just getting started. Poor taxicab driver bragging how he's going to strike it rich by hoarding metals = signal...
It would certainly be a different risk/reward equation. Dealing with a bank that's not insured might be a better idea these days, actually,...
You mean, they weren't doing this when they took losses on their balances? Why didn't the IRS get on the CC issuers' asses sooner?
Growth will only start happening again when newspapers' classified ads are chock full of advertisements, "Wanted: Manufacturing Electrical Design...
Mostly phony. Here's an example: let's say we get together over coffee sometime, and give each other mortgages on our own houses. I'll let...
Unemployment has been easily that high for 'producers' for the past decade. You know, factory workers, engineers, etc. The people who should be...
Fix the economy...and the health care problem fixes itself. There's one thing for certain -- Americans are going to have to do a lot more...
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