- Search Metals Mine
- krisware commented Oct 7, 2011
FED should be more worried about debt and then jobs, but having jobs that won't give any output would be another shot into ground ... they are like broken records ... let's try another QE, maybe helps and so on and so on ... then another problem ...
Fed's Fisher worried about jobs, not inflation
- krisware commented Oct 6, 2011
Yeah, right ... show me states that are in good position to help? ... there are none ... Finland already told that they are going to see negative growth for some time ... Germany is stagnant ... France is falling .... UK is gone for good ... only ...
EU’s Barroso: We are proposing coordinated action by member states to recapitalise banks
- krisware commented Oct 4, 2011
Looking at Weekly/Monthly charts, I can see that EURO is falling and first support is near 1.29 and if broken then there is no support till long channel lows below 1.18 ... falling angle is similar to previous falls ... so we might see EURO below ...
How Much Lower for EURO?
- krisware commented Oct 3, 2011
Merkel said that we are not going to help Greece in 2010 and EURO fell to 1.18 ... no this ... is it just for pushing EURO down? ... another speculation? ... anyway this kind of moves are not going to help for long ... anyway I think that before ...
Germany 'won't give more to EU bail-out fund'
- krisware commented Oct 1, 2011
Nice ... look at Nikkei chart and You'll see what is coming and going to happen with DOW .... they look the same, but time is shifted ... Nikkei growth ended 1990 ... and before that it was exponential (like Dow till 2000) ... now we may say that ...
World is heading for 'Great Stagnation', says Goldman
- krisware commented Sep 30, 2011
I'v seen all of those videos ... money is printed as debt ...You got it right ... one man works and we pay 1 dollar ... ten men work .... we need 10 ... but this is how money gets it's value (few hundred years ago rich used slaves to get work done ...
Will China Help Save Europe?
- krisware commented Sep 30, 2011
Jobless rate would fall faster if we would accept lower salary, but otherwise ... keep hoping ... maybe there is god out there who would erase Your debt
Italy's Jobless Rate Falls In August
- krisware commented Sep 30, 2011
Yes, it is 0-sum, but Yes, it is growing like the energy we make ... but still ... if energy is 0-sum ... so the system is 0-sum ... If we need more energy ... it leads to poverty ... if we produce/collect/drill etc. more energy ... we get richer ...
Will China Help Save Europe?
- krisware commented Sep 30, 2011
whatever ... I wanted to say ... people get poorer because we are using more energy then we produce ... one more thing the world is now getting much poorer ... economy is contracting .... almost 0 growth and high inflation here and there show us ...
Will China Help Save Europe?
- krisware commented Sep 30, 2011
Yes, I agree, but I'v added an example how taking works with my fish example above ... I wanted to show ... that if You are not giving then You are taking ... people get poorer if You are taking more, but giving less back ... everything has it's ...
Will China Help Save Europe?
- krisware commented Sep 30, 2011
Yes, but growth comes from the work we do ... this is energy, too ... if we catch a fish ... we'll get energy for living ... if we buy the fish ... we buy energy .... if we catch 1000 fish then we could say, we are rich ... still fish is the energy ...
Will China Help Save Europe?
- krisware commented Sep 30, 2011
Answer is OIL ... without it we would not drive cars and no PCs
.... wealth = OIL (or other cheap source) = growth .... there is no productivity and innovation without energy ... even food is energy ... if we run out of food then the wealt is ...Will China Help Save Europe?
- krisware commented Sep 30, 2011
That's why economy is going to get grilled, because too many think like You ...
Will China Help Save Europe?
- krisware commented Sep 30, 2011
Sorry, then You are Dreaming and living in illusion (there is law in physics about energy) like most people do ... wealth is not generated (wealth is "energy" that was given to us or converted from some kind of source like oil,sun etc. but while we ...
Will China Help Save Europe?
- krisware commented Sep 30, 2011
Yes, but nuber is 4 billion not "one" (population: China ~1,4 billion + India 1.21 billion, Africa 1 billion etc.)... if 2/3 of the world wants to climb out of poverty ... this means 1/3 of ther world moves towards povetry ... as we all know, the ...
Will China Help Save Europe?
- krisware commented Sep 30, 2011
"because after Denial comes Anger, and only long after does Acceptance finally arrive." ... not in human world ... after Denial comes War, because as history shows, only wars are used for "global coordinated debt restructuring" ... Acceptance and ...
BCG Says 'There May Be Only Painful Ways Out Of The Crisis'
- krisware commented Sep 29, 2011
If Europe defaults, then U.S. is next and then China follows after as largest creditor for USA and Europe
Will China Help Save Europe?
- krisware commented Sep 29, 2011
Yeah right ... EURO is gone by 2015
German parliament backs more power for Euro-zone rescue mechanism with large majority
- krisware commented Sep 28, 2011
I think that most investors are stupid or something ... and they think that money grows on trees and "money makes money" .. but as we all can see ... money is printed as debt and in current system money makes debt not more money ..... most "money ...
Germany slams 'stupid' US plans to boost EU rescue fund