[The-Shoveler]

I think Greece and the others will play the game for as long as they possibly can, draining as much as they possibly can out of the U.S.A. and any other Euro countries in an effort to avoid going back to the pre-euro days (really they never had it so good in most cases).
They will not be able to balance trade IMO. That’s just a fool’s fantasy.

They need to be able to inflate (devalue their currency) (actually so do we, but we are trying to pretend we don’t have too much debt to service, it’s laughable really but it hurts too much when I do that).

[The-Shoveler]

“Everybody wants foreign bailouts.”

Greece chooses the left-wing Syriza party (which vows to ditch the euro zone) or opts for the conservative New Democracy party (which vows to renegotiate from within the euro zone system).
(Though official polls are allowed between now and Sunday, Business Insider was reporting Thursday morning that Greek markets were rallying on word of a lead for New Democracy. Obviously that could change at any moment.)
Jon Najarian of optionMONSTER.com says it makes sense for the Greeks to opt for New Democracy. “If you’re Greek you want something that kicks the can down the road,” he reasons.
“Everybody wants foreign bailouts.”

[The-Shoveler]

[quote=flu][quote=The-Shoveler]Looks like the ECB is not buying up the Spanish and Italian bonds,

Me thinks there is a game of chicken afoot to see if the U.S. federal reserve will step in and buy up the bonds.
ECB is not ECB enough (my speculation)
Or more practically they are coming around to the realization that the quicker they abandon the euro Idea the better off they will be, as there is no good way to make it work IMO.[/quote]

no worries.[/quote]

Here it comes, get ready to grab your ankles.

Activity across Europe today looks like it is softening up the Euro area for the Euro’s official demise. Italy’s borrowing costs are being drawn north by Spain’s, which today exceeded the psychologically important 7% barrier. But perhaps more importantly Angela Merkel has begun to show signs of wear and tear. Today she warned the political world that Germany probably can’t take much more and tried to turn the spotlight on the USA.

[The-Shoveler]

Looks like the ECB is not buying up the Spanish and Italian bonds,

Me thinks there is a game of chicken afoot to see if the U.S. federal reserve will step in and buy up the bonds.
ECB is not ECB enough (my speculation)
Or more practically they are coming around to the realization that the quicker they abandon the euro Idea the better off they will be, as there is no good way to make it work IMO.

[The-Shoveler]

But just because,

SD is way over rated.

I hear they have better quality homes in Phoenix and Austin is all the rage these days, maybe try those areas.

[The-Shoveler]

To be honest, I would take the pension.
My buddy is retiring this year from a desk Job at DWP, going to be bringing in close to 120K pension.
He is 55.

[The-Shoveler]

Google coming out with $150.00 7″ tablet (that’s the rumor anyway)
Not sure if that is good for QCOM or not.
samsung will probably answer with their version as well.
I think Apple better have something really bitchin ready for release.
not planning to spend 5-600 dollars for an ipad myself.

Hoping to maybe get one free with service, maybe in a year or so,

[The-Shoveler]

Always thinking of the future or remembering the past we are, never focused on what we are doing in the present.

Anyway I think that is what Yoda said in Star wars

[The-Shoveler]

[quote=flu][quote=paramount][quote=svelte]Those guys are whack!

Lunatic fringe…[/quote]

Your point(s) are well taken, but does that really mean they are lunatics on a technicality?

BTW, flu – if you don’t mind. Are you still in the market? I moved to the sidelines just before the latest euro crisis, and now I think I should get back in.

Sure, the latest bailouts are phony in a sense (just printed money) – but who cares in the short run.[/quote]

I got back (some) last week and the week before, about 30% of what I took out…

But I also took out a few shares in VXX just in case. Not sure which way it will go.[/quote]

I am not even sure they figured out who was going to pony up the 125 or so billion for Spanish banks yet.
Well as long as they can keep ponying up money with no Austerity (Frugality) strings attached, I think they can keep the whole think afloat (Well they can make it look like its floating anyway).

[The-Shoveler]

In places where land is expensive I would think you would see two types of housing being built.
Condos and McMansions,
You need cheap land to build small single family homes and make a profit IMO.

[The-Shoveler]

Austerity (Frugality) and hair shirts
Two things that go out of style fairly fast when the economy seems to improve.

[The-Shoveler]

When I was a kid we would go to Grandpa’s farm in the summers.
They had what I considered free range chicken’s which I think had to be witness to several beheadings, but they still hung around (I guess home is where the coop is).

But this probably explains why I am a beer and assorted nuts guy, no chickens are harmed in their production as far as I know.

[The-Shoveler]

Confused as usual I am.
A)How can the big multinationals make more earnings when the rest of the world is slowing down say I?

B)Most of the growth was coming from emerging markets the last few years so if these are slowing down ?

C)Really The problems in Europe are all resolved ? (apparently it was easier to fix Europe than the USA it was).

D)Really how many more Iphones/ipads can they sell ? (apparently a lot more than me thinks).

E)If I had one device to connect to the world, it would be a Laptop (much cheaper than an ipad these days can’t be much profit in them).

To be honest I should be happy everything seems to be improving despite my apparently faulty reasoning’s.
Not been this confused since 2003 have I.
Maybe logic there is.

[The-Shoveler]

Here we are with the chicken/egg thing again,
Need wage inflation to make debt service possible.
Need Jobs to get wage inflation.

Short of making minimum wage 20 dollars an hour, or the Gov. just sending everyone checks once a month I have no clue.

[The-Shoveler]

Wow, Flipper Bank indeed, 41% or about 110K in 4-5 months, not bad, wonder what the fix-up costs were.

Getting back to markets on Fire, MM has nothing on Sao Paulo Brazil (23% rise in prices), of course Brazil has high inflation 5-7% in the last year so that accounts for some of this.

Canada still going up as well, about 7% last year.

Seems it’s just US.

[Author]

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