- Search Forex Factory
- Borg commented Jan 23, 2016
The authors of this article remind me of how children growing up ask them selves where do babies come from, where does money come from, why do some people have more money. The authors probably figured out the answer to the first question. But they ...
Could a Few Billionaires Close the World's Poverty Gap?
- Borg commented Jan 19, 2016
Government interference in the economy by fixing prices only hurts the economy. Government fixing of wages above the market price means those people not worth that wage will not be employed and businesses that cannot absorb the increased labor costs ...
Airport workers plan disruptions in nine U.S. cities on MLK Day
- Borg commented Dec 29, 2015
A simple example of how increased GDP because of banks meddling in the economy is bad is the 2008 financial crisis. The over expansion of credit caused the housing bubble which increased the GDP because of all the new demand for homes and increased ...
What Causes a Country's Standard of Living to Rise?
- Borg commented Dec 29, 2015
The article's title "What Causes a Country's Standard of Living to Rise?" is completely wrong. It should be titled "How Central Bankers Trick the Public in to Thinking Their Standard of Living Is Increasing Using the GDP" Since the "Gross domestic ...
What Causes a Country's Standard of Living to Rise?
- Borg commented Dec 14, 2015
Yellen loves us, she loves us not, Yellen loves us, she loves us not... Big Question ? Easy Answer: Janet Yellen is not going to ruin Christmas and raise interest rates this time. Better to leave interest rates alone and be thought a fool than to ...
Is Raising The Federal Funds Rate A Done Deal?
- Borg commented Dec 11, 2015
My cat is highly focused, but he's a terrible trader. Last time he got on my keyboard he made me lose 30 pips before I found out and closed the trade.
Common excuses made by traders and why they are so dangerous
- Borg commented Dec 11, 2015
Did everybody get that: "Australia is suffering from an income recession." so "Reducing the output gap and unemployment through consumption therefore requires significant further depreciation so that import substitution stabilizes the external ...
Time To Enter AUD/USD Short - Deutsche Bank
- Borg commented Nov 29, 2015
More great Forex news we can use. The EURO is sure to turn around and head straight up for the next few weeks because of this. All the best to Nicolas Sarkozy and Mary-Kate Olsen on this happy occasion. I hope their marriage lasts longer than most ...
Mary-Kate Olsen marries longtime investment banker boyfriend Olivier Sarkozy
- Borg commented Nov 25, 2015
Whoppee. The US is too unequal. Hey Moran Stanley if you like equality so much go to North Korea. Under communism every one is equal. What hypocrisy. I wonder if every one at Moran Stanley gets equal pay. Who commissions these reports any ways ? And ...
The U.S. Is the Most Unequal Developed Economy Outside Southern Europe
- Borg commented Nov 22, 2015
Sounds like good trading advice, going the opposite way every one expects. I just find it difficult to do in real life. For example ff shows right now that 55% of traders are long EURUSD and 45% are short. So when is it over even close to 100% ...
The Euro-Dollar's Most Important 24 Hours This Year
- Borg commented Nov 22, 2015
The over inflated egos of these clowns knows no bounds. Here's a great quote in the article: ""Hopefully it won't affect (the international growth outlook) very much because hopefully we will do our job in fighting back," he added." Wow - Fighting ...
Dudley says Fed should 'soon' be ready to raise rates
- Borg commented Jun 19, 2015
Hello michaelpelly: You are 100% correct, which is the point I was making about Greece's mistake of choosing for their leader Alexis Tsipras a communist. He is leader of the Syriza party, the Coalition of the Radical Left. See my posts 38, 39, 45, ...
Tsipras Slams "Criminal" IMF In Defiant Speech
- Borg commented Jun 18, 2015
Hello dionyssus: You make an excellent point and thanks for the book recommendation. Mao Zedong aka Mao Tse-tung Chinese communism differed from Russia’s communism. In fact I recall Mao at some point accusing the Russians of not being true ...
Tsipras Slams "Criminal" IMF In Defiant Speech
- Borg commented Jun 17, 2015
Hello dionyssus: Thank you for your thoughtful response. In my reply to Ojiego above you will see why I call Varoufakis and company communists. My main point is that because of their radical left political views (communism), they have no free market ...
Tsipras Slams "Criminal" IMF In Defiant Speech
- Borg commented Jun 17, 2015
Hello Ojiego: Thank you for your thoughtful response. You said "If you call people names because they do not share your views, that tells a lot about your mental state." When I said "Yanis Varoufakis and company are communists." it actually reflects ...
Tsipras Slams "Criminal" IMF In Defiant Speech
- Borg commented Jun 17, 2015
Hello dionyssus: Yanis Varoufakis and company are communists. The communists are the last people on earth the Greeks should have turned to, to fix their economy. Communist economist is an oxymoron. As long as the Greeks believe a communist economy ...
Tsipras Slams "Criminal" IMF In Defiant Speech
- Borg commented Jun 17, 2015
Hello Ojiego: With respect I watched the video and heard nothing but the artful mixing of truth and lies by the communist Yanis Varoufakis. He speaks of "sinister transfer of debts" and seeks only to obfuscate the issue which is the Greeks borrowed ...
Tsipras Slams "Criminal" IMF In Defiant Speech
- Borg commented Jun 12, 2015
Nobody including China and Russia are going to loan Greece a dime unless they institute some major structural reforms to their economy. Which is exactly what their current lenders are demanding. Why would China or Russia take a second mortgage on ...
German Govt Discusses Debt Haircut for Greece: Bild
- Borg commented May 24, 2015
Hello gat: You say “Mises in particular, but seems he agrees with me preferring the bankers/ Fed to the government” Mises prefers neither when it comes to money. You say “the dollar being a commodity.” The US dollar is fiat money, most of which ...
How to end boom and bust: make cash illegal
- Borg commented May 21, 2015
Hello Gat: You say “There is nothing magic about gold other than the historical mystique.” Actually there is more to gold as money than mystique or magic. Gold has been used as the basis for money for thousands of years for some very rational not ...
How to end boom and bust: make cash illegal