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- Hutch commented Apr 20, 2019
As stated in my previous post just above please show some respect for Karl Marx!
- Hutch commented Apr 20, 2019
As you know I'm a fan of Karl Marx so lease show him some respect. After all he was never against the banks except for their usury interest rates. He was never against the rich because they provided employment to the people. On the other hand, as ...
- Hutch commented Apr 20, 2019
Wealth redistribution is what you call theft by the gov through taxation. 5% of the tax collected is distributed to the poor people who really need it and 15-20% is used on programs like the NHS. The remaining is wasted by the gov on crap.
- Hutch commented Apr 20, 2019
Romania being an ally to Germany from 5 July 1940 onward, mother Russia kept the gold as war reparation. Too bad so sad.
- Hutch commented Apr 19, 2019
CFTC likes to issue revisions to the regulations it previously issued and sometimes a revision to a revision. One thing is sure though, CFTC rules/revisions are sometimes detrimental to traders although it will always say that it is for their own ...
- Hutch commented Apr 19, 2019
Now it's 1.2998 so down to 1.2975 is only 28 pips so nothing to cry about.
- Hutch commented Apr 19, 2019
Nice title "Earnings and data could be proof that US slowdown fears were overblown". But it could have well been "Earnings and data could be proof that US slowdown fears were justified". Only time will tell the truth.
- Hutch commented Apr 19, 2019
Agree 100% bitcoins are crap!
- Hutch commented Apr 19, 2019
This isn't the greatest news ever with all rates between 10 to 40 years bonds below 1%. I wonder who buys these.
- Hutch commented Apr 19, 2019
I honestly don't think that FDR and his administration knew exactly what the effect of spending lavishly to restart the economy would be. The analysis of today doesn't change anything.
- Hutch commented Apr 19, 2019
It's obvious not only for China but for the economies of the world because of the numerous trade wars started by the USA.
- Hutch commented Apr 19, 2019
Holiday note = Not much happened!
- Hutch commented Apr 19, 2019
Greece should ask for reparations not only from Germany but also from its European allies Austria, Italy, Albania, Bulgaria, Finland, Hungary and Romania.
- Hutch commented Apr 19, 2019
Building permits is a leading indicators of the number of housing units that will be built later. Given that the number of building permits is going down this doesn't bode well for this most important sector of the economy.
- Hutch commented Apr 19, 2019
Obviously politicians need to work harder for the 1% so that one day they can own the whole island
- Hutch commented Apr 19, 2019
Common Tudor you are too harsh on the well intentioned UK politicians. Politicians need to take care of the 1% so that they will be offered well paying jobs doing nothing when their term in office ends.
- Hutch commented Apr 19, 2019
Yes Greece is a better credit risk than the US. This because Greece is now paying its debt by producing budget surpluses. To the contrary, the US has been increasing its debt every year since 1970 and the current administration has no intention of ...
- Hutch commented Apr 19, 2019
Small fries compared to the $68 billion Ponzi scheme of Bernie Madoff.
- Hutch commented Apr 19, 2019
Woohoo 0.7 percent increase in the CPI on a yearly basis last February. Japan's goal of a 2% inflation will not be met in this business cycle especially since other advanced economies, notably in the EU, suffer from the same economic disease.
- Hutch commented Apr 19, 2019
The modern monetary theory based on the Fed buying the federal US debt is not a critical issue since the Fed always acted that way and will continue acting that way. On the other hand the US defaulting on its treasury debt is the scariest critical ...