The term tradable is necessary for people to understand how economies actually work Investors see something evil in the way of policy and its effects and say, well, I see how I can make money in this instance. The shorthand for this is "tradable." It stinks, but money can be made.
These situations arise for the simple reason policy makers are picking winners and losers. people like Jim Rogers are supposed to complement the policy makers and become a loser, transfering their wealth to the designated winner. they don't but they are too small to worry about.
China is supposed to be a loser as well. They refuse, in fact they play it like Rogers. In response our country libels China in response to the Chinese not making USA policy successful in harming China and helping USA welfare queens.
"Artificial money?" We don't even have words for asset-less backed tallies of debt, but that is to which he refers. Rogers is rich because he understands words matter, definitions matter, and he does not accept the word "money" when people disguise debt with it.
Feel free to forward this by email to three of your friends.
Why are you buying US dollars now? Are you betting on the US economic recovery?The US dollar is partially gaining strength because there is turmoil in the markets; people are worried about the Middle East, Russia, and when people are worried, they quickly resort to the US dollar to make payments. The US dollar is not safe haven anymore, but people don't understand that. As long as there is turmoil in the world, the dollar will go higher and higher, and this will hurt many countries and economies. And my plan is when the dollar goes higher and higher, I will sell the dollars. Having said that, currently I am long on dollars.
These situations arise for the simple reason policy makers are picking winners and losers. people like Jim Rogers are supposed to complement the policy makers and become a loser, transfering their wealth to the designated winner. they don't but they are too small to worry about.
China is supposed to be a loser as well. They refuse, in fact they play it like Rogers. In response our country libels China in response to the Chinese not making USA policy successful in harming China and helping USA welfare queens.
Some of the emerging economies, including India, are showing signs of recovery. Is it sustainable?Well, that has been true for most part of the world because vast amount of money has been pumped into Japan, America, Europe, and the UK. Whether the recovery will last or not I don't know. But these are all artificial money which has been pumped in to rest of the world.
"Artificial money?" We don't even have words for asset-less backed tallies of debt, but that is to which he refers. Rogers is rich because he understands words matter, definitions matter, and he does not accept the word "money" when people disguise debt with it.
Feel free to forward this by email to three of your friends.
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