Forum Replies Created
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AuthorPosts
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kewp
Participant[quote=barnaby33]
I didn’t think it through enough because my main point was really about the weird strengthening of the US dollar which is perverse considering how our economy is behaving.[/quote]More and more I’m beginning to think Peter Schiff had it all backwards.
The ‘bubble’ was in oil, gold, emerging markets and foreign currencies. America had the strongest fundamentals all along; it was the rest of the world that was full of hot air.
Edit: Holy crud, I just realized our trade deficit about equals the amount of hard currency we export. I guess paper dollars are our #1 export!
As long as they stay strong we should do just fine.
Participant[quote=barnaby33]
I didn’t think it through enough because my main point was really about the weird strengthening of the US dollar which is perverse considering how our economy is behaving.[/quote]More and more I’m beginning to think Peter Schiff had it all backwards.
The ‘bubble’ was in oil, gold, emerging markets and foreign currencies. America had the strongest fundamentals all along; it was the rest of the world that was full of hot air.
Edit: Holy crud, I just realized our trade deficit about equals the amount of hard currency we export. I guess paper dollars are our #1 export!
As long as they stay strong we should do just fine.
Participant[quote=barnaby33]
I didn’t think it through enough because my main point was really about the weird strengthening of the US dollar which is perverse considering how our economy is behaving.[/quote]More and more I’m beginning to think Peter Schiff had it all backwards.
The ‘bubble’ was in oil, gold, emerging markets and foreign currencies. America had the strongest fundamentals all along; it was the rest of the world that was full of hot air.
Edit: Holy crud, I just realized our trade deficit about equals the amount of hard currency we export. I guess paper dollars are our #1 export!
As long as they stay strong we should do just fine.
Participant[quote=barnaby33]
I didn’t think it through enough because my main point was really about the weird strengthening of the US dollar which is perverse considering how our economy is behaving.[/quote]More and more I’m beginning to think Peter Schiff had it all backwards.
The ‘bubble’ was in oil, gold, emerging markets and foreign currencies. America had the strongest fundamentals all along; it was the rest of the world that was full of hot air.
Edit: Holy crud, I just realized our trade deficit about equals the amount of hard currency we export. I guess paper dollars are our #1 export!
As long as they stay strong we should do just fine.
Participant[quote=patientrenter]
Amen, kewp.[/quote]Speaking of financial innovation, we really need a product that pays off if CDS’s default!
A credit default swap default swap maybe?
Participant[quote=patientrenter]
Amen, kewp.[/quote]Speaking of financial innovation, we really need a product that pays off if CDS’s default!
A credit default swap default swap maybe?
Participant[quote=patientrenter]
Amen, kewp.[/quote]Speaking of financial innovation, we really need a product that pays off if CDS’s default!
A credit default swap default swap maybe?
Participant[quote=patientrenter]
Amen, kewp.[/quote]Speaking of financial innovation, we really need a product that pays off if CDS’s default!
A credit default swap default swap maybe?
Participant[quote=patientrenter]
Amen, kewp.[/quote]Speaking of financial innovation, we really need a product that pays off if CDS’s default!
A credit default swap default swap maybe?
Participant[quote=stansd]
Financial innovation has risks, these risks are becoming much more well understood. Regulations that will have huge long term negative consequences are being proposed precisely at the moment when they are least necessary.Stan[/quote]
Actually, I just changed my mind regarding CDS’s.
As long as there is no bailout and the counter-parties that underwrote swaps they can’t afford to pay off are allowed to default on them, I’m fine with the situation. Let the hedgies eat their bogus contracts; hope they like them!
Just no more bailing out bankrupt businesses.
Participant[quote=stansd]
Financial innovation has risks, these risks are becoming much more well understood. Regulations that will have huge long term negative consequences are being proposed precisely at the moment when they are least necessary.Stan[/quote]
Actually, I just changed my mind regarding CDS’s.
As long as there is no bailout and the counter-parties that underwrote swaps they can’t afford to pay off are allowed to default on them, I’m fine with the situation. Let the hedgies eat their bogus contracts; hope they like them!
Just no more bailing out bankrupt businesses.
Participant[quote=stansd]
Financial innovation has risks, these risks are becoming much more well understood. Regulations that will have huge long term negative consequences are being proposed precisely at the moment when they are least necessary.Stan[/quote]
Actually, I just changed my mind regarding CDS’s.
As long as there is no bailout and the counter-parties that underwrote swaps they can’t afford to pay off are allowed to default on them, I’m fine with the situation. Let the hedgies eat their bogus contracts; hope they like them!
Just no more bailing out bankrupt businesses.
Participant[quote=stansd]
Financial innovation has risks, these risks are becoming much more well understood. Regulations that will have huge long term negative consequences are being proposed precisely at the moment when they are least necessary.Stan[/quote]
Actually, I just changed my mind regarding CDS’s.
As long as there is no bailout and the counter-parties that underwrote swaps they can’t afford to pay off are allowed to default on them, I’m fine with the situation. Let the hedgies eat their bogus contracts; hope they like them!
Just no more bailing out bankrupt businesses.
Participant[quote=stansd]
Financial innovation has risks, these risks are becoming much more well understood. Regulations that will have huge long term negative consequences are being proposed precisely at the moment when they are least necessary.Stan[/quote]
Actually, I just changed my mind regarding CDS’s.
As long as there is no bailout and the counter-parties that underwrote swaps they can’t afford to pay off are allowed to default on them, I’m fine with the situation. Let the hedgies eat their bogus contracts; hope they like them!
Just no more bailing out bankrupt businesses.
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