So some stocks are climbing and some areas are looking up,
BUT the candidates debate was less than it should have been.
ONCE MORE I offer that the USA NEEDS another option on our ballots, one that states we have no confidence in any candidates, and so we say NONE of the Above get our vote. Not simply a refusal to support, but a definite rejection. And if the no-confidence gets the most votes then the parties have to find other candidates. Certainly this would be a huge embarrassment for the parties, and that is good, because our country deserves a better choice than the lesser of the evils.
I had thought that the recession of 2008 was primarily instigated by the sale of derivative stocks, based on the lie that they would produce a high dividend rate, while instead they became worth far less than their purchase price. Perhaps that is an over-simplification, but certainly poor quality mortgages were bundled and sold as derivatives And certainly the value of those derivatives collapsed.
And just as certainly a whole banking system was very willing to sell that which they knew had very little value.
Amazingly enough, those "tightening of financial conditions" seem to have been caused by the actions of the banks that then needed to rescue everybody from them. And just as amazingly that enriched those very same banks.
First of all, I REALLY appreciate this article being in a text format, so that some portions can be examined and pondered as they are reached.
Then there is the question of just exactly WHO benefits from the constant inflation,, since it seems reasonable that it is being done for the benefit of some party, given the damage it does to everybody else. What I see is that the constant inflation is done to reduce the value of the assets held by those who owe the assets. And that sounds like a description of the banking system on the federal level.
I do hear tales of how the supply of money must constantly increase to keep the economy growing, and then I wonder why we need to have it constantly growing except for the benefit of that 1%.
THAT does not sound like a part of the populace that I would choose to make a sacrifice to enrich.
Very few articles start off with a "buy" recommendation, so this is unique. And it seems like the founders have located a potentially valuable nitch. If it is legal it should be very profitable, if not it should be able to afford the bribes to stay out of trouble.
Certainly an interesting bit of news. Plant based meat substitute is an interesting concept, the question is can it make it economically. Really, it needs to be cost competitive to gain any acceptance among the majority of folks who consider cost when shopping. Once past the novelty a product will need to offer some benefit to do well. At that point management skill is no longer enough, nor will great marketing save the poor product..
About the president: The virus affects some far more than others, and those in less wonderful financial conditions often fare far worse. Likewise those who receive less than the maximum possible medical attention. So the statement that it was not so bad is totally a fool's bleating, and about the dumbest possible utterance that could be made.
Meanwhile, life in the rest of the world continues while nature and unrest work on their next challenge.
Interesting news. Patience is rewarded, and the stocks have started climbing again. New interest in the sector because of a new month? Possibly, or else some other explanation.
I point out that an examination of the graphs of stock prices over the past many years reveals very few smoothly ascending curves. This new area will probably not be any different.
Of course the recovery in the UK will be slow. That is usually how it is recovering from an affliction that could have been fatal. And for quite a few businesses it was fatal,or soon will be..
Then the UK is also in the midst of exiting from the common market agreement, which I do not understand the reasoning for, nor do I understand the anticipated benefit of returning to "the days of yore." But the benefits must be apparent to some folks, it seems.
So there will certainly be some sort of recovery for the businesses that survive, and new opportunities for the ones replacing those that failed.
But will the quality of life be better than before? THAT part is totally unknown. The rich will get richer, as always, but for the rest???????
An interesting article, although also depressing. And here is an interesting follow on to the claim that technology will save everything. The caution is that could only work if folks have the money left to spennd on the technology, after they buy things like food. And more and more of the technology creations are expensive toys of marginal use. Smart houses with automated everything, all linked to the universally hacked internet of hackers. so you can turn on the AC from your smart phone and then some hacker in carjackistan can switch on your heat and set it to 88.When money gets to be hard to come by that technology will suddenly not be so very important. The computer driven cars will never save us because the software will never be debugged enough.
The huge technology boom will only be a dream in the minds of the promoters..
Certainly there wouild be some amount of recovery, but the total market will be smaller by the number of folks who have died. And the damaged businesses will take a long time to recover.
An interesting insight here. And while it is a bit late to say it, closing all of the borders at a much earlier time might have given the world a much different short term outcome. Amazingly enough, if it is stopped soon enough, the spread of a disease can be slowed to the point that it could be controlled.
But that was not done, and the warnings were squelched, and now we have the results.
So indeed tourism is suffering and probably will continue to suffer, unless some brilliant means is found to travel without constant exposure to strangers.
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No Debate
So some stocks are climbing and some areas are looking up,
BUT the candidates debate was less than it should have been.
ONCE MORE I offer that the USA NEEDS another option on our ballots, one that states we have no confidence in any candidates, and so we say NONE of the Above get our vote. Not simply a refusal to support, but a definite rejection. And if the no-confidence gets the most votes then the parties have to find other candidates. Certainly this would be a huge embarrassment for the parties, and that is good, because our country deserves a better choice than the lesser of the evils.
The Pandemic Recession And Central Banks
I had thought that the recession of 2008 was primarily instigated by the sale of derivative stocks, based on the lie that they would produce a high dividend rate, while instead they became worth far less than their purchase price. Perhaps that is an over-simplification, but certainly poor quality mortgages were bundled and sold as derivatives And certainly the value of those derivatives collapsed.
And just as certainly a whole banking system was very willing to sell that which they knew had very little value.
Amazingly enough, those "tightening of financial conditions" seem to have been caused by the actions of the banks that then needed to rescue everybody from them. And just as amazingly that enriched those very same banks.
The Perils Of Inflation
First of all, I REALLY appreciate this article being in a text format, so that some portions can be examined and pondered as they are reached.
Then there is the question of just exactly WHO benefits from the constant inflation,, since it seems reasonable that it is being done for the benefit of some party, given the damage it does to everybody else. What I see is that the constant inflation is done to reduce the value of the assets held by those who owe the assets. And that sounds like a description of the banking system on the federal level.
I do hear tales of how the supply of money must constantly increase to keep the economy growing, and then I wonder why we need to have it constantly growing except for the benefit of that 1%.
THAT does not sound like a part of the populace that I would choose to make a sacrifice to enrich.
American Resources Corporation Unveils Rare Earth Element Wholly Owned Subsidiary, American Rare Earth LLC
Very few articles start off with a "buy" recommendation, so this is unique. And it seems like the founders have located a potentially valuable nitch. If it is legal it should be very profitable, if not it should be able to afford the bribes to stay out of trouble.
So this will be one to watch in the future.
Piper Boosts Beyond Meat Target To $178 After Surveying 9,825 Teens
Certainly an interesting bit of news. Plant based meat substitute is an interesting concept, the question is can it make it economically. Really, it needs to be cost competitive to gain any acceptance among the majority of folks who consider cost when shopping. Once past the novelty a product will need to offer some benefit to do well. At that point management skill is no longer enough, nor will great marketing save the poor product..
Market Briefing For Tuesday, Oct. 6
About the president: The virus affects some far more than others, and those in less wonderful financial conditions often fare far worse. Likewise those who receive less than the maximum possible medical attention. So the statement that it was not so bad is totally a fool's bleating, and about the dumbest possible utterance that could be made.
Meanwhile, life in the rest of the world continues while nature and unrest work on their next challenge.
Cannabis Central: Monday Was A Good Day For Pot Stocks - Finally
Interesting news. Patience is rewarded, and the stocks have started climbing again. New interest in the sector because of a new month? Possibly, or else some other explanation.
I point out that an examination of the graphs of stock prices over the past many years reveals very few smoothly ascending curves. This new area will probably not be any different.
In The Age Of COVID-19, The UK Will Remain A Top Investment Destination
Of course the recovery in the UK will be slow. That is usually how it is recovering from an affliction that could have been fatal. And for quite a few businesses it was fatal,or soon will be..
Then the UK is also in the midst of exiting from the common market agreement, which I do not understand the reasoning for, nor do I understand the anticipated benefit of returning to "the days of yore." But the benefits must be apparent to some folks, it seems.
So there will certainly be some sort of recovery for the businesses that survive, and new opportunities for the ones replacing those that failed.
But will the quality of life be better than before? THAT part is totally unknown. The rich will get richer, as always, but for the rest???????
TalkMarkets Tuesday Talk: Gold In A House Of Cards
An interesting article, although also depressing. And here is an interesting follow on to the claim that technology will save everything. The caution is that could only work if folks have the money left to spennd on the technology, after they buy things like food. And more and more of the technology creations are expensive toys of marginal use. Smart houses with automated everything, all linked to the universally hacked internet of hackers. so you can turn on the AC from your smart phone and then some hacker in carjackistan can switch on your heat and set it to 88.When money gets to be hard to come by that technology will suddenly not be so very important. The computer driven cars will never save us because the software will never be debugged enough.
The huge technology boom will only be a dream in the minds of the promoters..
Certainly there wouild be some amount of recovery, but the total market will be smaller by the number of folks who have died. And the damaged businesses will take a long time to recover.
Mapping COVID-19's Crushing Impact On International Tourism
An interesting insight here. And while it is a bit late to say it, closing all of the borders at a much earlier time might have given the world a much different short term outcome. Amazingly enough, if it is stopped soon enough, the spread of a disease can be slowed to the point that it could be controlled.
But that was not done, and the warnings were squelched, and now we have the results.
So indeed tourism is suffering and probably will continue to suffer, unless some brilliant means is found to travel without constant exposure to strangers.