Posted on 12/13/2006 1:44:39 AM PST by bruinbirdman
And as our economy continues to grow much faster than yours and as our annual deficit continues to shrink, we'll look even better. So what's your unemployment rate?
back to those saving - you are saying if I had the right stocks and my portfolio grew by 30% in 2006 and I sold those stocks - that would not be in the savings statistic ?
Yes. And the capital gains taxes you paid would be subtracted from the savings rate.
Yeah right - feeding us.
60 years of our military protecting you from the Russians.
Oh wait - one more question - you're in good old american stocks ... wich ones ?
I like the financial sector. And you can't lose with Altria.
has become one of the slowest growing economies in the euro zone. A quick turnaround is not in the offing in the foreseeable future; however, stronger growth this year has improved employment considerably. Growth in 2001-03 fell short of 1%, rising to 1.7% in 2004, falling back to 0.9% in 2005, and increasing to 2.2% in 2006.
That's some nice growth you've had this decade. LOL!
>>Yeah right - feeding us.
60 years of our military protecting you from the Russians. <<
So you where not feeding us - but protecting us.
And what if I said it was the other way 'round ?
Certainly I know it was a good thing to have you guys here - but that wasn't an act of selflessness.
I mean it would have been our turf that you would have defended the american way of life on - or not ?
Our rate of unemployment is realy high (about 10% - but falling a bit) - but that should drop further in the near future. Denmark nearly cut theirs by 50% - that should be possible here, too.
Debts are a far worse problem.
Btw:
Altria and JP Morgan are great - didn't even think of s&p stocks though because I fear the negative dollar effect.
Got RBS instead and no brand marketer at all...
What do you think of this commodities hype ? Is it really a plus in security to have physical gold. Or do I just ad weight to my socks drawer ?
Besides protecting you, we had to make sure you didn't do anything stupid.
didn't even think of s&p stocks though because I fear the negative dollar effect.
Negative dollar effect? Please explain.
Got RBS instead and no brand marketer at all...
I owned a bank that RBS bought a few years ago. I may buy some RBS.
What do you think of this commodities hype ? Is it really a plus in security to have physical gold.
I love to taunt goldbugs. They tend to have poor math skills and a poor grasp of economics. Especially the idiots who buy gold on margin.
yeah - but the germans after 49 were certainly unable to disturb french ladies in paris again. The stupid thing we could have done would have been to surrender to the red army - rather then surrendering to yours.
Eur. to dollar ex. ratio - I guess it will decrease a bit since the fed res. cannot increase prime interest any furhter and since I have to earn my bread in euros - I'd loose.
Goldbugs and doomsayers are wrong ? I mean - all wrong ? The poor chineese e.g. can buy nothing for their dollars you owe them... no harbour facilities, no partnership in united technologies ;-)
So they buy commodity contracts all around the world. Even if they slow down because they surprisingly cannot sustain 10% growth over 10 years - these contracts are made and the ore and oil and gas is gone to china for that prices.
So these things will get rare. Gold is always rare since it's a beloved currency for people owning some lira, rupie or trouserbutton and would like to add some security.
Security on the other hand is - as long as nothing happens - just a feeling. Doesn't gold feel safe somehow ? I mean noone can surprise you in one thing - it's rare - it doesn't decay and it's thoroughly accepted to be precious. Something you cannot always say about dinar, rupie or trouserbutton - and if helicopter berny does it wrong - the greenback.
Regards,
U.
So I supposed your 12% unemployment rate is preferred to our situation?
Private savings is NOT zero - that number doesn't include equity in homes or 401k retirement accounts.
Yes.
The poor chineese e.g. can buy nothing for their dollars you owe them... no harbour facilities, no partnership in united technologies ;-)
You're right, we only exported $1 trillion worth of stuff last year. Nothing good to buy from us.
Doesn't gold feel safe somehow ?
Sure. If you bought gold in 1980 at $850 it took you until............wait, you still haven't gotten your money back. I feel safer already. Don't forget the 27 years worth of gold interest and gold dividends you collected. Oh, wait, it doesn't pay those either. You've convinced me. LOL!
I mean noone can surprise you in one thing - it's rare - it doesn't decay
Except for the price.
got me wrong here - they cannot really invest in your economy -that's what I meant. Certainly they can smoke marlboro eat toblerone and whoppers and get drunk on coke... but can they cannot invest these dollars in american core business. I mean noone can surprise you in one thing - it's rare - it doesn't decay. Except for the price. Well gold isn't an investment to build your pension on - it's an anchor against inflation and an insurance for cold times.
10% !
12% was last year
as I said we didn't grow in worthless paper but in euro ;-)
Then they're stupid to send us all those goods for useless dollars.
but can they cannot invest these dollars in american core business.
I guess you missed when they bought Lenovo?
Well gold isn't an investment to build your pension on - it's an anchor against inflation and an insurance for cold times.
I prefer stocks with growing earnings and dividends.
How long before that silly currency collapses?
The Chinese Economy is a house of cards that can crumble at any time.
Their $1 trillion in reserves might plug the holes in their banking system.
China's government is certainly just as capabale at reacting in such a bone-headed way.
Up to now it works out - but if they were not concerned - why would bernanke pay them a visit to explain how he's planning to keep the greenback flying - and why would they announce a change in their monetary strategy - to buy more $ based corporate bonds and less $ statesbonds ?
Lenovo ? Has always been chineese, or not ? They were kindly allowed to buy IBM's Laptop business in 05 for $600 million cash and about the same in stocks. 600 Million against a (european) billion of paper in a safe - that's 6 to 10 000 or 600 ppm of the problem they have. This IS nothing
Dunno - it's just become the most common cash to use in this world. Doesn't look like it's not in fashion.
Why would stocks I own be hard to find?
They were kindly allowed to buy IBM's Laptop business in 05 for $600 million cash and about the same in stocks.
Yes they were.
This IS nothing
You said they can't invest in US economy. I just showed they did. Sorry you were wrong. Don't invade anybody, please :^)
now your taking the piss...
...and besides I showd that you were wrong (or as you put it right to 600 ppm)
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