http://www.youtube.com/watch?feature=player_embedded&v=H8BGK97IKgg
Sobering.
I would imagine as other countries that do extremely cheap manufacturing continue to grow they will have their own work force issues because the standard of living will increase.
It’s like the US was pre labor laws/pre unions
All of which drove up average income and wiped out manufacturing being profitable.
Of course they will, they are basically America Jr. and will eventually cycle through as we did. But stimulus and funny money injections aren’t sound solutions to our issues, they produce inflation instead of growth. Nature dictates ebb & flow, we are trying to beat the laws of nature and it’s not working very well is it? 8/
PS…I’m busy at work today and too occupied to look up the youtube tags for embedding. What tag is it for this site again?
its just video with the brackets
Thanks. Seems like every forum has a different tag for utube. LOL
This is what I have been preaching since ubrf days but who cares I am just a stupid old man.
Maybe once this country totally collapses people will figure it out… no, not even then.
---------- Post added at 01:22 PM ---------- Previous post was at 01:19 PM ----------
I wish it were that simple but is not. Just a couple facts; US corporations pay the highest tax in the world. China gives away land and factories while I pay a huge mortgage and property taxes. I could give about 100 others but…
Our kingpin dealer is the Fed and Americans as addicts need their fix. The fix is constant cheap, easy lending of course. The powers that be want us hooked for control purposes…it’s so logical yet painful to admit that it repels the mind of most. If you want a booming economy you ensure your middle class is thriving as they are the lifeblood of our economy. You also must foster diverse and vast business opportunities, especially those that produce goods. They could offer a 0% corporate tax for those supporting the American middle class but that wouldn’t benefit the politicians or their pals that fund them of course.
“The outstanding problem of the American people today is the spirit of unrest upon the part of the masses who find the struggle for existence becoming harder and harder BECAUSE THE MOST COMPETENT BRAINS OF THE COUNTRY are engaged in the highly competitive ATTEMPT TO ACCUMULATE WEALTH AND TO CONTROL THE WEALTH-PRODUCING MACHINERY OF THE NATION.”
“There is considerable reason to believe that those of us who profit by the sale of war supplies actually encourage this warfare among other nations.”
-Napoleon Hill (written in the late 1920’s just prior to the great depression and not far off from WWII)
So in the future, possibly the near future it would seem we will almost certainly be at a fork in the road. The odds are high there will be a depression of some direction, whether inflationary or deflationary I do not know. I don’t know WHEN and I do realize I’m likely to catch flack for this post. But I also know those that fail to study and learn from history are doomed to repeat the mistakes of the past.
http://www.tradersbase.com/2012/05/09/silver-sinking-treasure-screaming-buy/
Bonds and commodities are showing some signs that deflation is considering a 2nd tour of duty. Election year + Deflation kicking in = more QE?
Hopefully a few more of these tech companies with no way to generate revenue go public and pop the tech bubble :-p
Facebook shares anyone?
IPO delayed by 5 minutes. I expect glitches and quote problems because I think the volume is going to get wild. Seen it before on other hyped stocks…TICK TOCK.
I still wouldn’t touch FB with a 10’ pole. Might have upside, might not, many other investments that i believe have limited risk have near as good of a potential. However who knows FB with the amount of resources it now has could acquisition(we can call it the CISCO model) all the way to the top and be the next $500+ stock. People keep ranting about their $ per user being low and that users will go down etc… well that is a prime reason to go public. This move gives them the means to really take the FB brand into many new aspects of the tech market through acquisitions and development utilizing an established brand. That said im still not buying it but don’t necessarily thnk others shouldn’t.
On other fronts I think that we will soon have an incredible buying opportunity across the board. Current adminstration will act on QE3 before it gets too far lower and I think this creates a buying opportunity many had wished they were in on around the december timeframe. Can’t tell you I believe it is sustainable but a decent trading opportunity perhaps. I will be moving cash back to market steadily over the next 2-4 months then selling off around feb to buy another rental property. Shopping now but nothing great out there so id rather set this up and try to take 5-10% earnings in a few months first.
oh hey FB 32.42 -1.61 (-4.73%)
$30.98 was the low of the morning.
watch vid
Analysts are known for fleecing retailers. This actually makes me consider buying sooner than later. LOL
Dint watch the vid but based on the article… I cant say im surprised shit like this is already happening with FB. Zuckerberg is too arrogant and non-compliant of person to play nice with the SEC. I can guarantee you this is not the last time we will be hearing about Facebook involved with misleading/incomplete forecasts. Part of it is the nature of Facebooks business and the other is the King Douche himself.
And as it does, the SEC should also revisit the practice that allows underwriter analysts to develop estimates that are used to market IPOs to institutional clients but are not shared with the public. In Europe, research analysts publish full reports on companies BEFORE they go public.
Absolutely incredible to me how this can be.
MUPPET BAIT!!!.. GATE?
In other news oil prices
