That is uncalled for. I always appreciate the articles and ideas that Gillie posts, and Billion posts helpful articles as well. So stop trying to drive them away. Yours is not the only opinion.
well said, lbnl. I visited Monaco and was struck by the quality of life the people have due to the country's particular situation, reliance on gambling and tourism. They all get free medical care and reportedly it is good. The country is small but nice. Taking a view of one tiny country using its natural advantages to boost the quality of life of its residents is something that can be used here. We have the ability to issue bonds, due to our natural resource, our political system and status as reserve currency.. So why should this not translate to infrastructure improvements that yield return on the investment of debt, and taking this idea of issuing debt for productive return to US citizens even further, investing debt in research and funding for drug technology could be licensed out to improve qol and to make a return on the debt invested. As you've already explained the simple idea that US debt at a national level is something best reduced to 0 is not a complete, nor elegant understanding of the complexities and the opportunities. I am sure that issuing bonds for wasteful government spending programs which do nothing to advance the cause are what Mr. S is referring to as not useful.
Schnider. I do not agree. We are in a country which has the capacity to issue bonds to finance long term projects and some would argue that being the world's reserve currency we do have the responsibility to issue enough debt to satisfy the world's demand for investment. If US bonds are not available people will look to other investments, which might not be as stable. There are a lot of reasons why the US economy is not like a household checking account but the myth that the same principles apply continues to live on.
There are some travel credit cards that translate the currency very efficiently. Chase has one, No atm is necessary those transactions and no currency is necessary either. Do you need the security of old fashioned paper money?
I have one of those notorious British engineered cars that three lights on the dashboard come on together, signifying nothing. The auto experts call this phenomenon "los tres amigos" and none of them have gotten to the bottom of the mystery to date.
I don't think Gillie would leave because of dem=o. An empty wagon makes a lot of noise.
I don't like the threats to have layoffs if the Fed doesn't "do something". This morning Sheila Bair joined in with the crowd calling for higher rates. Banks in general have been doing OK. Then there are other people who think the economy needs to improve more.
it might have been deleted, so just put what you recall. I will ask Mr. S the same thing if he pops in.
Double secret id's put people in odd situations. BJ--CJ for instance.
when folks don't know which personality they are at any given moment, I'm sure calling an insult forum a financial forum makes perfect sense.
Calling Mr. S. Would you do us the public service of reconstructing to the best of your recollection the deleted post that exposed the double life of someone/ I don't think folk(s) recognize the gig is up.
I am going to keep a list of the feuding topics. There is the general feuding, the political feuding, the feuding about the most despicable person on the board, the Hawaii meet up feuding, and the many faces of Sybil feuding. So far.