天下纵横

随笔而已。不必当真。
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ThomasJefferson,FoundingFathers,GovernmentandYourWealthThetopicseemsdisassociated.Inreality,itisnot.Thevisionoffoundingfathers,thegovernmentpolicyandyourwealtharetightlyassociatedifyoucaretoexplore.MostoverseaChinesecametoUSwithoutanyexposureofUShistory.I’doftenwonderhowwouldtheypasscitizenexamwithoutanybasicunderstandingofgovernmentsandtheprinciplesofthiscountry.Yet,overseaChinesecarriedtheCommu...[阅读全文]
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Thebearshadlongforeseethedollar'sdeclineeversinceIragwar.Thesideeffectsisthesocalledpetrodollarisdiminishingitsroleastheworldreservecurrencystatus.
Yousee,petrodollarisatransitionalagreementtoprolongthedeterioratingempirefinancialstatusafterthebreakupofbrettonwoods.Eversincethen,thedollarhasbeenthroughupsanddownsinageneraldownwardtrend.
Asoilrisesfromnowonto2015foritsalltimehigh.Thesoverig...[阅读全文]
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PBS的老节目.可以看见30多年前的中国.
艾萨克.史特恩很了不起,是吗?马友友和艾查克.佩漫(Itzak.Perlman)都是他发掘出来的.善为人师,谆谆诱导.技巧又是炉火纯青.大概除了David.Oistrahk,艾萨克.史特恩算顶级大师了.记得当年一票难求,托了很多人都没搞到.真是遗憾呐.
中国的这种大批量从小就开始的专长训练,真会令老外心悸吧.一万人中只要出一个较好的,再从好的一万人中出一[阅读全文]
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Wehavequiteoftenhearpeoplearguethestatesofeconomyandinflationanddeflation.Nooneiswillingtoyieldandbelieveshisargumentiscorrect.
Inreality,bothsidesarecorrect.How,youmightask?
Sohereishow:
IfyouareusingUSDasthemeasureofthevalue,wehavepriceinflation.
Ifyouareusinggoldasthemeasureofthevalue,wehavepricedeflation,andterribleone.
Peoplewillsay,ofcourse,youareagoldbug.Butsorry,Iamnot....[阅读全文]
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(2010-10-14 14:51:17)
Soastheforeclosurecrisisisunfolding,onehastoaskwhatisnexttosavethebanks.IknowtheTBTFbankswillbesaved,withthepricesofhyperinflation.SoQE2,beingcookedbyFederalreservebank,haslongaimedattheforeclosurecrisis.Thebankersknewthiscrisis,FRBknewthiscrisis,governmentknewthiscrisislongtimeago.Theyonlywishedtocoveritupfrompubliceye.
Thesolution,theonlyoneinpolicymaker'seye,istoliquidatetheliabilitiesbanks...[阅读全文]
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(2010-06-09 19:28:51)
Banksareborntomakemoneyonthelending.Itisintheirblood.Itistheirbusiness.Themoretheylend,themoretheymake.PureandSimple.
Soinsubprimecrisis,.theylenttoomuch,forwhattheylentisnttheirdeposit,itwassoldtothemortgagebondmarket.
Banksfollowstheprinciple,thatthedepositorsarenottheirdebtor,theyaresuckers.Banksgettheirdeposittolendoutfortheprofit,theyalsousethattospeculate.Youraretheirs,theirsaretheir...[阅读全文]
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(2010-05-22 00:49:08)
每当我听到这首歌时,就会想起我父亲在我小时后介绍给我听的时光.那时多好.
ByBanjaminoGigli
还是这首有意大利的风味,不象歌剧的演唱.
当然不能忘了Pavarotti.
ByMarioLanza
ByMivaCanta
COMEBACKTOSORRENTO
(TornaASurriento)
Guardailmarecom´ebello!
Spiratantosentimento.
Comeiltuosoaveaccento,
Chemedestofasognar.
Senticomeillevesalle,
Daigiardiniodord&acu...[阅读全文]
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(2010-05-21 23:55:35)
BySisselKyrkjebo
BySisselKyrkjeboandPlacidoDomingo
Byunknownbutseemslikethemostbeautifulversion
ByU2andPavarotti
ListentowhatBonosings....Warisalwaysthechoiceofthechosenwhowillnothavetofight!
ByDoloresO'RiordanandPavarotti
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(2010-05-20 16:32:27)
Theshorttermbullmarketfinallyreacheditspeak.Itisresumingitsdowntrend.Wemaystillhaverisesinstockmarket,theyearendmightstillseesmallplus,butIamnownotconvincedthatEurocrisiswillbecontained.Wecanverywellseemarketcrashthattrigsthecircuitbreaker,howevergovernmentwantstosetit.
Wehaveglobaldebtimplosion.Itworkslikethis:
IamaBankAandyouareacountryB.NowBcannotpaybacktheA,Bdefaults.ForAitmeansthatitl...[阅读全文]
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(2010-01-24 20:36:37)
Themarkethasexperiencedseveraldaydownturn.SomeWallStreetexpertsareclaimingthemajordownturnisinhand.Istheclaimtrue?Probablynot.Withincreasedliquidityinjectiontothemarket,throughPPTat600billionorso,FEDisunlikelytoallowmajormarketcrash.
Mybeliefismarketwillseeanother15%dropandendofyearwithslightplus,providedifeurosovereighdebtdefaultswillbecontained.Butthisistheblipsinthelongtermbearmarket.
N...[阅读全文]
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