Lol no offense against you SB. I think the ability to comment on new articles is a great idea. At least you offer comments that have thought behind them. I just didn't get leaving a comment about an article being rubbish. In my mind that's rubbish. ...

JPMorgan Admits the Obvious: We Were Reckless

Because the people don't demand it. If someone was to rob you and said "give me all your money," and you said "no," wouldn't it be simple if the robber was like "oh ok, maybe next time" and walks off? Sometimes you have to beat the robber to prevent ...

Washington becomes the biggest risk to the U.S. economy

Lol ok a guy who only posts comments in news posts because he doesn't have anything else to offer. Called EURUSD to hit 1.37, and it's getting pretty close. 3 days ago said AUDUSD would hit .9635. Oh, look it did. Not to .965. Projected dollar to ...

JPMorgan Admits the Obvious: We Were Reckless

So, basically, you clicked on it anyway to leave an equally rubbish comment? lol

JPMorgan Admits the Obvious: We Were Reckless

I believe there is a typo: were is are

JPMorgan Admits the Obvious: We Were Reckless

YAY! All is well!

House passes measure raising debt ceiling, ending government shutdown

Should we sweat $17 trillion deficit? That's $59k of debt per citizen, over $148k per taxpayer.SWEEEET

Don't sweat a U.S. credit downgrade

I believe as long as they can borrow it doesn't matter. It's already $.60 per dollar spent is foreign funds. Roughly 2 billion in interest paid to debtors every quarter. I believe that the US is the only country in the world that can simply just ...

Senate Leaders Reach Agreement to End Fiscal Impasse

I think it will happen in China sooner than later. But even if it's a decade... It's funny to read some comments that basically indicate as long as it doesn't happen now all is well... for now. So, if the US implodes in five, ten or 15 years is that ...

Senate Leaders Reach Agreement to End Fiscal Impasse

Yay! We agree to borrow more money!

We Have a Deal: Harry Reid And Mitch McConnell Announce Agreement To Raise Debt Ceiling

At that point they won't have an option in the matter.

Senate Leaders Reach Agreement to End Fiscal Impasse

Really? They don't default by borrowing money. The well will tap out. We can be nonchalant this time like the many times before, but I hope you're not in the country when it happens. When obligations are $20-25 trillion, how willing will China and ...

Senate Leaders Reach Agreement to End Fiscal Impasse

The market doesn't care, should we? I mean, I do because it's feckin up my children's children; but, we live in a world were you can put a bandaid on a festering boo boo and it's better. The wound becomes gangrenous and then say "wait, how did that ...

Senate Leaders Reach Agreement to End Fiscal Impasse

Yea you're right lol. But the market think its in the bag. Maybe so. 7h and 57 mins. I think what I was trying to point out was the velocity. There is a clear inflection point on 10/9, but until then it was a stair step down. The market has almost ...

Senate Leaders Reach Agreement to End Fiscal Impasse

You know what I find funny? The S&P and dollar gain on Congress finally doing their jobs. Really nothing has changed. A month ago when this deadline wasn't an issue the S&P wasn't at these highs. Now for some reason it's worthy for 20 pt rallies on ...

Senate Leaders Reach Agreement to End Fiscal Impasse

Hence the title "A Fitch Downgrade Wouldn't Matter"

A Fitch Downgrade Wouldn't Matter