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"The question is....Is the USA economy back on track or booming?" No. T

Bill; You need to ask that Q of someone smarter than I. Most US commentators prefer the 12-18mths of muddle through. But what do they know. If you really want to be scared, on financialsense.com they speak of The Perfect Storm, a take off from the movie and of the Greater Depression. But...

I doubt the US economy could withstand rate rises of more than 50 basis points. They need to sell 1.4bndollars daily to balance the books. This is where the pressure to raise comes from. To make their currency more attractive to world investors. Official US Gov debt is 5% of GDP. That's...

inflation/deflation Hi Peter: I trawl US chat sites and newsletters and they are concerned about the same thing. True thier's is the worst performing currency but the Chinese Renmimbi is pegged to the dollar so imports from there are still dirt cheep. (Wallmart imports many billions from...

I'm starting to feel for LB. It aint easy to put forward a cautious view. Acey, I have assumed that you have your affairs in good order. You do not need any advice from me and I was not attempting to give any. I was however trying to bring another view to the table that has not been canvassed...

ABCD I stand corrected. I did not think there would be gents from that war still active in the market. He is doing well. And thinking about it there would still be some Korean vets investing so it was a careless statement. Thommo

Happy birthday for tomorrow. I mean that sincerely. No, not in my twenties. If I were and with 20/20 hindsight it would be easy. I'm about to retire in a few yrs and with no claim to fame or education I am trying hard to find an extra 100g or two before then. Managed it in 03. Will see what...

Bill you started your post "Sorry about the sounding like I was preaching bit" and promptly started to tell me where I'm wrong. Preaching? I've never asked this on any forum before but how old are you and do you have a family dependant on you? The reason I ask is that most "families" would...

I guess that at my age I resent being preached to. One size does not fit all. All of life is about risk management; we see different risks. I've seen too many smarties go bust and take down honest tradesmen with them. Should I go on? It is clear that the "cream" of posters here are way...

Bill...... Read the threads. 50% (ok, a guess) are indeed out buying everything they can get with 100%LVR. One poster with less than 100K net worth (assume $0 cash injection) is indignant that he can't borrow 800k. Personally I think think any investment leveraged over 80% is risky. As for...

I haven't been here long and have read little of LB's work, but I'm surprised that you dismiss his price drop scenerio so quickly. There are many writers very concerned about the future. One even talks of "The Greater Depression" coming while most talk of credit defaults. The banking systems...

Denizens The crappy little dictionary I have on my desk merely describes it as "inhabitants" which is reasonable in the context I used it but it has a slightly more sinister connectation usually, as in "Denizens of the deep". Maybe these guys are a little sinister too! LOL Thommo

Hi Bill L from Bill T The denizens on the stockmarket site I frequent have been selling their houses and renting for at least 18mths. They almost sucked me in too, but I have such a good tenant...... Thommo