World economy talk

[tidus1203]

Jim Cramer was also calling a BUY on Bear Stearns before its collapsed and had a fire sale of its assets to JP Morgan! Cheap na daw!

[ame="http://www.youtube.com/watch?v=gUkbdjetlY8"]YouTube- Jim Cramer: "Bear Stearns is Fine!" Tues, 3/11/08[/ame]

[safeorigin]

ahhhh... "Economists"... :rofl:

ah well, there are also some neo-con clowns circling the carcasses a.k.a. glenn beck nowadays

[Monseratto]

Is Peter Schiff's dire warning of a goverment debt crises coming true?

[tidus1203]

Well the government's budget deficit is racking and counting... Rumor is the Obama administration is planning another stimulus since mukang the economy has runned out of gas and all those previous stimulus has failed to dent the unemployment numbers a very sensitive election issue...

[uls]

so far there's still no US govt debt crisis

the USG is still able to borrow money at very low rates

thanks to the wealth-destroying stock market, money has been driven into treasuries

Schiff's prediction of $5,000 gold, dollar collapse hasnt happened yet

--

expect Obama to come up with some drastic actions before Novermber

[uls]

USD/JPY

[tidus1203]

USD/CHF below 1.01... Malapit nanaman mag parity... Its always fun to compared the CAD and CHF in relation to the USD. When things are good the CAD will be higher than the CHF but when things are bad the CHF will be higher than the CAD...

[uls]

[uls]

EUR/CHF

[uls]

NYMEX crude

[tidus1203]

Grabe talaga range ng oil its very tight! $70 to around $82 at best...

[uls]

Global Competitiveness Index 2010-2011

http://www.weforum.org/documents/GCR...20rankings.pdf

US falls from 2nd to 4th

Philippines rises to 85 from 87

[tidus1203]

[ame="http://www.youtube.com/watch?v=DywOKrqddkk"]YouTube - Hyper Inflation from Zimbabwe[/ame]

Kid is brilliant! Knows a lot more than your average adult...

Two thumbs up KID!

[uls]

10 yr yield


USD/JPY


US 10 yr note and JPY are both safe havens

so they move in the same direction

but it seems the correlation is broken

the 10 yr yield has been rising (lower yield = strong demand)

but the yen is still strengthening (strong demand)

[uls]

YouTube - Hyper Inflation from Zimbabwe

Kid is brilliant! Knows a lot more than your average adult...

Two thumbs up KID!

baka anak ni Peter Schiff

hehe

[safeorigin]

schools should be teaching the relationship of interest rates and bonds at 3rd grade

[tidus1203]

baka anak ni Peter Schiff

hehe

Hehehe the Monopoly money is probably worth more

Or grand son ni Ron Paul...

[Negus]

On-going DPJ leadership elections right now here in Japan,

Ozawa promising 2 trillion yen (24 billion dollar) stimulus in one package focusing on active pump-priming steps to create jobs.

While the current PM Naoto Kan promising half of that (releasing the funds bit by bit) and slashing public works to eliminate waste. actually daming highways and flyovers dito that leads to nowhere, dams where there shouldn't be. Product of the previous bubble economy, walang mapaglagyan ng pera.

Consumption tax increase is also huge deal too right now.

There's also low morale and nationalism amongst the Japanese. I've even heard a few old timers saying "Japan is over" while commuting by train.

I've never thought of these when I was fresh out of college.... ignorance is bliss.

ngayon, parang lagi akong hinahabol.

[tidus1203]

I agree with the old people. Japan is over! Wala ng economic impact makukuha sa bansa na yan. Its a comatose economy. The demographics is not helping it... Of course after the size of the bubble in the late 80's, this was an obvious result!

China is avoiding that!

[Negus]

I agree with the old people. Japan is over! Wala ng economic impact makukuha sa bansa na yan. Its a comatose economy. The demographics is not helping it... Of course after the size of the bubble in the late 80's, this was an obvious result!

China is avoiding that!

The trend amongst the old timers here is they are moving money to Brazil and other developing countries.

Me, I'm seriously thinking of moving to Shanghai or Melbourne while young and adaptable (got a few relatives there). The problem is I'm a first-born and I am expected to stay, which sucks (although there are economic rewards).