Now I plead with you, brethren, by the name of our Lord Jesus Christ, that you all speak the same thing, and that there be no divisions among you, but that you be perfectly joined together in the same mind and in the same judgment. (1 Corinthians 1:10 NKJV)
Lately, I have been attacked in various [...]
By John Tamny RealClearMarkets When the U.S. Senate blocked Congress's attempt to save the U.S. carmakers earlier this month, White House spokeswoman Dana...
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Today's Tuesday's Question asks, What Are Your Irrational Fears? How many of you can relate to the elephant in this image? I read once that fear is, "False Evidence Appearing Real," so I repeat the phrase in my mind when I'm frightened.However, that would be a bad idea if a bear extended his paw to meet my acquaintance...or lions, tigers, and wild wolf dogs were running towards me.In those cases
Since I relocated to London, I have been further away from the Hong Kong market which I was based in. Because of time difference and relatively little coverage of Asian markets in the news here, today is the first time I really look at the stocks prices in Hong Kong. To me big shocked, valuations look incredible cheap.I forecasted at the height of Hang Seng Index (about 30,000) that Ha
THE CORE IDEA GOVERNING THE PAST 120 YEARS IS SELFISHNESS AND CONSUMERISM. BANKS, CORPORATES AND THE GOVERNMENT'S TREATMENT OF US IS PREMISED UPON THE IDEA THAT WE ARE STUPID, AND THAT OUR IRRATIONAL SELVES MUST BE TRAINED UNTIL WE BECOME...
Much to the chagrin of economists and financial theorists human beings generally don’t behave as though they have computers in their heads, ie we don’t always do what’s most likely to maximize our utility (well-being). Rather, our actions are naturally idiosyncratic. The relatively new study of behavioral economics seeks to understand and describe our innate [...]
Although I had planned on writing a second part on "Overcoming Fear," I experienced something tonight, which made me want to want about anger. A friend and I had a small falling out. He recommended a handyman to do work for us; the guy asked for his money the day before he was to complete the job, we gave it to him, and he didn't return.
Two days ago on the telephone, when I told my friend
Hello everyone. I have an announcement to make. Is this mic on? Ok, here we go, my name is Tee aka Diva’s Thoughts and I have irrational fears. Yes, I know you think I am this wonderful, together person, (*snicker*) but I, my friends, have a couple of very irrational fears I must confess.First, growing up, as a child M*A*S*H* was a popular TV show and it would come on at around 11:30 pm. (Shout
The digital, virtual I-Ching stones told him this morning that the lava lake beside the mountain was rumbling, that he was struggling with an obstacle that he could easily walk around, and that his biggest battle was within himself. This is basically what I told him last night, sitting on the edge of the bed, having come up to apologize because I was pissed because he's been so unhappy (and not d
No body can argue that we are definitely in a unique financial market. Look at yesterday's stocks. Down 358 points and oil overnight has gone above $141. Gold is above $900 per ounce, and consumers are paying $4+ at the pump. It leaves many investors wondering...what should I do? Here are some suggestions.1) Investor more $'s. Invest more you say? Why? With our markets making volitale moves and la
In a recent issue of the journal Psychotherapy and Psychosomatics British psychiatrist David Healy attacked the prescribing habits of psychiatrists whom, he claims, are strongly influenced by pharmaceutical propaganda In an editorial commenting on a paper by Harvard investigators on the psychology of risk and prescriptions of psychotropic drugs, Healy denounces a real crisis in psychiatry at prese
Man is an irrational animal - said Russell. How correct he was ! Look at the stock markets. Dont they exhibit irrational behaviour.?
Secondary markets taken in isolation and as a closed system is basically a zero sum game. That is, if you buy ten stocks, you make profit in five and loss in five and [...]
Thank you to the 4 people who have commented on this post thus far. This is a quote from Dr. Jason Lisle. If the argument doesn’t make sense to the reader then I really suggest going to the link provided at the bottom of the post.
“The materialistic atheist can’t have laws of [...]
Thank you to the 4 people who have commented on this post thus far. This is a quote from Dr. Jason Lisle. If the argument doesn’t make sense to the reader then I really suggest going to the link provided at the bottom of the post.
“The materialistic atheist can’t have laws of [...]
Fear: Behind the mild-mannered facade, Barack Obama is intent on “enslaving the white race.”
Fight The GOP Smears — GOTO: FightTheSmears.com — Support
Barack Obama @ BarackObama.com
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Warnings about a possible connection between heavy cell phone use and malignant brain tumors are nothing new. They have re-surfaced so many times over the years that they have achieved urban legend status. With Senator Ted Kennedy’s recent brain cancer diagnosis, those scare stories are attracting fresh attention.
There is no credible scientific evidence linking cell [...]
I think that under the current market conditions pretty much only intra-day trading (without keeping positions overnight) can generate you some consistent money. The alternative to trading would be to stay in cash and wait. The seemingly illogical phase continues, with the markets being manupulated big time by the governments, government agencies and agents, and big institutional players. Once
Your Customers Are "Predictably Irrational"The central argument of a new best-seller can help you present your products or services in the most appealing light Link - Fri, 09 May 2008 07:58:00 GMT - Feed (1 subs) Sent using SendMeRss.com. Visit here to unsubscribe from "2-business" via X2 in Google. Recommended Feeds/Actions Subscribe DealMeRSS.com - Great Deals Delivered Every Day
“The SUV craze was a bubble and now it is bursting,” George Hoffer, an economics professor at Virginia Commonwealth University, told the Boston Globe. “It’s an irrational vehicle. It’ll never come back.”
coming soon InshaAllah May God show us all the straight path, Ameen! The Miracle of the Holy Quran Science Islam One of the Miracles of the Quran explained by a white former Christian, Yusuf Estes (Pharaoh’s [from the time of Prophet Moses (peace be upon him)] corpse found?) …
Ed Bott, a blogger from Zdnet says:
A few weeks ago, Microsoft announced it was cutting the price of retail, shrink-wrapped copies of Windows Vista. The new suggested price for an upgrade edition of Windows Vista Ultimate is $219, down from $299. The cost of an upgrade edition of Vista Home Premium drops to $129 from [...]
Ed Bott, a blogger from Zdnet says:
A few weeks ago, Microsoft announced it was cutting the price of retail, shrink-wrapped copies of Windows Vista. The new suggested price for an upgrade edition of Windows Vista Ultimate is $219, down from $299. The cost of an upgrade edition of Vista Home Premium drops to $129 from [...]
Vietnamese products’ trade marks are still unpopular on the world market due to their low quality, poor design and high transport and customs costs.
In the current economic situation, how to boost exports and reduce the trade deficit is seen as one of key measures to curb inflation and ensure a sustainable economic growth.
Thai Doan Tuu, Deputy Head of the Trade and Services Department under
Readers Question: Is there an economic term for the phenomenon of ignoring (or turning a blind eye to) future risk, assuming that the current situation will prevail? I refer to the situation we currently see of both borrowers and lenders who are being caught by interest rate rises, having seemingly assumed that interest rates would stay low.
An assumption of classical economics is that
" ... Lacan refashioned Freudian psychiatry, and suggested that the unconscious was structured like a language, thereby giving a key role to semiotics and dissolving the usual boundaries between the rational and irrational. Though without foundation, the view supported many aspects of Postmodernism, and is therefore attractive to those fighting repression in western society. [ ... ] Jacques Lacan (1901-81) tried to give Freud a contemporary intellectual significance, extricating his thought from the gloss of later commentators, and extending it in ways suggested but not achieved by Freud himself. The unconscious was not Freud's great contribution to European thought, but his discovery that the unconscious had a structure. That structure, continued Lacan, is a discourse t
Not too sure if any of you have heard of the little flash game called “Door Game” but I will tell you about it anyway. This game is causing a massive stir on the internet as we speak at the moment and this is why you should know about it.
The object of the game is [...]
Predictably Irrational: The Hidden Forces That Shape Our Decisions
By Dan Ariely
List Price: $25.95
When it comes to making decisions in our lives, we think we're in control. We think we're making smart, rational choices. But are we?
In a series of illuminating, often surprising experiments, MIT behavioral economist Dan Ariely refutes the common assumption that we behave in fundamentally rational ways. Blending everyday experience with groundbreaking research, Ariely explains how expectations, emotions, social norms, and other invisible, seemingly illogical forces skew our reasoning abilities.
Not only do we make astonishingly simple mistakes every day, but we make the same types of mistakes, Ariely discovers. We consistently overpay, underestimate, and procrastinate. We
by Ben SteinThis is going to be a bit controversial. Bear in mind that I often make mistakes and could be wrong about some of this, but it's all food for thought.Irrational PessimismFirst of all, markets are made up of human beings, and human beings can be irrational. They can be irrational on the upside, they can be irrational on the downside.We saw "irrational exuberance" in the late 1990s, and it led to a crash. I believe we're now seeing highly irrational pessimism in the markets, especially the credit markets. The gloom comes from the bad results that banks and other lenders got when they loaned money on mortgage obligations in the form of collateralized mortgage obligations. These instruments were never meant to be as safe as AAA bonds, but they were thought to be much safer than the
I heard from Friends of the Earth, a huge environmental organization, who one would think would favor the Lieberman-Warner Climate Security Act of 2007 being advanced by Senate Democrats. It would impose a cap-and-trade program to force reductions of so-called greenhouse gas emissions.
From Brother JeffI don't even know where to start, but I'm very upset. I lost an excellent doctor (physician's assistant PA-C) and someone I considered a friend today.I have been seeing (name omitted) for a long time and was established with her, but until my recent major bipolar issues, the issue of religion never really came up. I'm seeing a social worker there too (name omitted), and I've been
Mortgage Loan Losses Pose Risk of Systemic Shockby Bloomberg - 11/13/07 snips:There's a greater than 50 percent probability that the financial system "will come to a grinding halt'' because of losses from mortgages, Gregory Peters, head of credit strategy at Morgan Stanley, said. The world's biggest banks and securities firms have written down at least $45 billion in the value of assets linked to subprime mortgages for the third quarter after borrowers with poor credit histories failed to keep up with payments. Structured investment vehicles have defaulted on debt, forcing lenders including Legg Mason Inc. and SunTrust Banks Inc. to prop up their money-market funds to cushion them from possible losses. "You have the SIVs, you have the conduits, you have the money-market funds, you have future losses still in the dealer's balance sheet in the banks," Peters said in an interview in New York. "That's all toppling at once." The risk of systemic shock from the current subprime meltd
The topic below was originally posted in my blog, the Intrepid Liberal Journal as well as The Peace Tree, the Independent Bloggers Alliance and Worldwide Sawdust.People across the political spectrum routinely question the senses, intelligence and values of their fellow voters. A decade ago conservatives chafed, as President Bill Clinton remained popular in spite of the Monica Lewinsky scandal. In recent years liberals like myself seethed while Republicans maintained one-party dominance in spite of their incompetence and criminal policies. They’re also citizens who challenge the wisdom of any voter who supports the two-party duopoly.Bryan Caplan, an economist at George Mason University and co-editor of EconLog challenges the rationality of voters with his book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (Princeton University Press). Caplan, a libertarian, contends that democracies fail because of voters themselves rather than favorite scapegoats such as specia
A headnote: This author is a busy person and is not often available and randomly reappears.
For some time now, I have had a good christian friend, born-again even, and we get along well. Anyway, like any born-again, he tries to convert me whenever he spends time alone with me (which is very rare in my life arrangement).
So, I thought I would catalog the clash of proselytizer and atheist.
It started out simply enough, he had no idea I was an atheist, and we didn’t really spend much time on things like that. A very light friendship. Then, we got into a fight after a class because we had been disagreeing about the subject matter (it was a participation class, everyone was involved). The subject? Theology. No surprise then.
Now, you would think that would be the end of the friendship, but we’re both reasonable people, and we continued to converse. From time to time, he’d try to convert me. It started out with rational arguments (oddly enough, this born-again believes in
I stumbled upon this news while checking my mails and am sharing the news with you all.This shows how irrational people like MK can be.Have a look.I intend to write an article about this issue soon.Please check back for updates on the RamSethu issue.Here's the articleLike the post?Why don't you leave a comment?
Irvine Mortgage - As most of my local neighbors here in Southern California are well aware, the Irvine housing market has been completely out of control over the past several years. As a simple reminder of how crazy things have gotten over the years, the Irvine Housing Blog gives the stats on a house nobody would like to call home on the market here in Irvine at an exorbitant price.
Irvine Mortgage - As most of my local neighbors here in Southern California are well aware, the Irvine housing market has been completely out of control over the past several years. As a simple reminder of how crazy things have gotten over the years, the Irvine Housing Blog gives the stats on a house nobody would like to call home on the market here in Irvine at an exorbitant price.
I have struggled for years in late summer with my fear of Yellow Jackets. I hate them. Yesterday as Matt, Cam and I walked down the sidewalk we had a Yellow Jacket chase us, I try so hard not to overreact or pass this fear onto my kids but I just cannot help myself.
General rule of thumb when being faced with a Yellow Jacket is to avoid swatting at them and to try to move away. The Yellow Jacket
According to Chuck Colson, writing a guest column for Christian Post, Dawkins, Harris, and Hitchens represent "a new breed of atheist" which Colson refers to as "the anti-theist." Yep, this is yet another article condemning the atheist revival. Colson focuses primarily on Hitchens, but you'll find little more than recycled arguments that don't work here any better than they did the first 30 times you heard them.Colson claims that the contemporary atheist movement is quite different from anything we've seen previously. Why? Because today's atheists "don’t want to just deny the existence of God, they want to wipe religion off the map."Colson's evidence to support this bold assertion? He takes a few of Hitchens' sentences out of context and then draws unwarranted interpretations of them which are not at all evident in Hitchens' book. Never mind what Hitchens actually says - just take Colson's word for it that his bizarre interpretations are supported.Colson says that Hitchens wr
Last time I wrote about pesticides and how we are worried to death about 0.01% of the pesticides that we ingest (the synthetic ones) instead of the 99% which seem to be as bad if not worse. Another area which I think is often associated with irrational fear is nuclear power. The word "nuclear" seems to elicit a knee-jerk kind of reaction in many people. Take for instance Nuclear Magnetic Resonance imaging (NMR for short), a very powerful and quite safe diagnostic method. People were very reluctant to use this method, seemingly only because it had "Nuclear" in the name. In part because of this fear they have now changed the name to Magnetic Resonace Imaging (MRI for short), and the technology has been a major boost to diagnostics as well as to research.The following arguments are to a large extent a reflection on Richard Muller's (see picture below) paper with the title "The witch of Yucca Mountain". I can warmly recommend the article but if you want the same information in video forma
About three months ago I wrote a post on natural foods and the highly exaggerated danger associated with pesticides. I cited research done by Bruce Ames (see picture), Professor of biochemistry and molecular biology at UC Berkeley. In this very interesting interview, Bruce Ames gives his view on organic foods. In the following excerpt from this interview Ames explains that the reason why he is against spending more resources on natural foods is not that it contains more carcinogens but rather that the production and in consequence also the products is more expensive. More expensive fruits and vegetables means less consumption which will result in more cancers:Ames: Yes. I'm much more interested in preventing cancer. Then we have to get out to the public what's important. If you tell them about trivia all the time, they get completely confused, and it's counterproductive. I just think all this business of organic food is nonsense basically. We should be eating more fruits and vegeta
Black(stone) Friday! Oh Oh, Credit Markets Come Home To Roost!by Market Ticker - 6/22/07 snips:...And better - why do you flush $3.2 billion down the toilet if you're Bear Stearns? There is only one reason to do that - you're afraid of the explosion that will result if you don't do it - that is, the blast will be even bigger in its impact on your bottom line. CNBC is also reporting that Cantor Fitzgerald is getting bids as low as ten cents on the dollar for some of the CDOs they're trying to sell! That's a ninety percent haircut! There are a lot of liars out here on the street right now, and sooner or later, they're going to have to fess up. If the real loss was 50%, that's horrendous. It also tells you a lot about the exposure on the street to this issue and points out the fact that there is absolutely no way that this will be, or can be, contained. It simply doesn't matter whether people want it to be or not - there is some $2-3 trillion in losses out there that are being hid
Author:Julia HannaHow "sleepy" or "awake" are you when it comes to your stock portfolio? If you're like most people, you probably don't spend a great deal of time monitoring your investments. So when another company uses stock to acquire a firm in which you hold a stake, what do you do with the new shares you suddenly own of a company that you never intended to buy in the first place? Logic suggests that you would be likely to sell those shares. But research by Associate Professor Malcolm Baker, Professor Joshua Coval, and Harvard University professor Jeremy C. Stein shows that 80 percent of individual investors and 30 percent of institutional investors appear to be more inertial than logical. They take the default option, passively accepting the shares offered as consideration in stock mergers and acquisitions. In "Corporate Financing Decisions When Investors Take the Path of Least Resistance," a paper forthcoming in the Journal of Financial Economics, the authors argue that th
Okay, so I’m supposed to dispute my irrational thoughts. The books say it, the therapist says it…. I’m sure it’s said more than that. I don’t do it as much as I should. But today I have to. I’m heavily into PMS mode, though the Zoloft and the Agnus Castus are keeping it bearable, still I can feel it. 28 days is tomorrow, so hopefully in a couple of days my emotional stability will be better.
But right now, we just left Sammy in a new home. Hopefully it will work out. Not sure yet. This is a trial. Maybe we shouldn’t do trials but I’m not sure yet and we did really like the family. Their other dog might be a problem.
Anyway, back to this anxiety crap.
I don’t have my book on me so I’m going from memory here.
What is the situation that caused the anxiety?
Leaving Sammy in a home, talking to the people, feeling like an idiot, and having my brain go stupid and not introducing them right (my fault).
Is there any rational suppo
So here I am again in Nevada in that pub in that casino. Today, I even hiked a number of blocks through cold rain to get here just so I could write a blog post. I have no idea what I'm going to write, but this is just another way your Sci Fi Catholic is out to serve you.I have little to say partly because everything is in transition. I am planning an essay on Harry Potter, but am unsure if I'll have it ready before or after the new volume comes out. I'm going to review The Restorer, but I've not yet finished it. And sooner or later, someday, I'll write about The Hero with a Thousand Faces and Glasshouse.For today, I intend to alter the sidebar yet again so there will be a list of most important posts, but I haven't gotten to it yet and am unsure if I'll get to it tonight before I run out of battery power.For today, I suggest hopping over to John C. Wright's Journal where the esteemed and very funny sf author has an interesting post on Hirsi Ali, an atheist woman, formerly Musli
Irrational Exuberance, by Yale economist Robert J. Shiller, details historical indicators of stock market bubbles. The following is a list of these indicators.
1. High consumer confidence. (from sources such as the Consumer Confidence Index and the Michigan Consumer Sentiment Index) For example, both indexes peak during the 2000 bubble.
2. High PE ratios.
When the market reaches PE ratio
I bookmarked a post at Debunking Christianity awhile back so that I would remember to comment on it. Amazing how time flies and I am only just now getting around to it. The post in question grabbed my attention from the title, "Christians Are Not Stupid or Irrational." Blogger Lee Randolph indicated that he wrote the post to show that the common claim that atheists view Christians as stupid and/or irrational is false.In fairness to Mr. Randolph, his initial statement contains something of a disclaimer: "This is easily shown to be false, at least for the members of DC." What I mean by containing a disclaimer is that Randolph implicitly acknowledges that some atheists may view Christians as stupid and/or irrational but that members of his blog team do not. Fair enough.IntelligenceAre there intelligent Christians out there? Absolutely. Setting aside the reality that there is no consensus on what intelligence means and how (or if) it can be measured, any reasonably accepted way of assessin
Being a student of history I have read many times of severe climactic changes in Earths history. The dinosaurs were wiped out by a climate change. The frozen Potomac during the Revolutionary War was due to the "little ice age" that lasted about 500 years and it just ended in the 19th century. Climate change is completely normal and to be expected. Currently the sun is the major factor in climate change and yes it has up and down cycles of activity. In the past asteroids and volcanoes have been major factors. But human nature being what it is the chicken littles like Algore and company are almost always guaranteed an audience. I don't think the Algores of the world believe or care about the ozone layer or global warming. To them it is nothing more than a tactic they are finding more and more successful in controlling their fellow man. "Saving the rain forest" wasn't big enough of an ideal to give them the total control of American industry that they really wan
You can read about two more scientists who doubt the global warming hoax here .
We keep hearing that the debate is over, that scientists have a consensus, and that we are destroying the planet. Nevermind that more and more scientists are coming out against the global warming hoax, or even that if you have a consensus in science than you don’t have a proven scientific fact, you are responsible for destroying the planet. You must change your lifestyle to save the planet.
From the article:
I think the proof in the pudding, based on what (media and governments) are saying, (is) we’re about three quarters of the way (to disaster) with the doubling of CO2 in the atmosphere,” said Patterson. “The world should be heating up like crazy by now, and it’s not. The temperatures match very closely with the solar cycles.”
Patterson said much of the up-to-date research indicates that “changes in the brightness of the sun” are almost certainly the prim
Bioshock (Irrational Games) Published by:2K Games Developed by:Irrational Games Genre: First-Person Action RPG Number of Players: 1 Release Date: US: Spring 2007 Also Available On: PC Summary: Spoiler: This image has been resized. Click this bar to view the full image. The original image is sized 740x213. BioShock is a revolution in the shooter genre that will forever change the expectations for the FPS. Going beyond "run and gun corridors," "monster-closet AIs" and static worlds, BioShock creates a living, unique and unpredictable FPS experience. BioShock is the Shooter 2.0. After your plane crashes into icy uncharted waters, you discover a rusted bathysphere and descend into Rapture, a city hidden beneath the sea. Constructed as an idealistic society for a hand picked group of scientists, artists and industrialists, the idealism is no more. Now the city is littered with corpses, while wildly powerful guardians roam the co
Markets operate under the assumption that key players act rationally in most circumstances. Their premise is such that market stability is based on people acting to a set of according rules. Much...
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Written in the year 2000, after the technology crash of 1999 but before 09/11/01 and the recession of 2002 that followed, "Irrational Exuberance" by Robert J. Shiller was a timely, almost prophetic warning of the events to come. Investors who took Robert Shillers advice would have diversified their portfolios away from mutual funds and stock into safer investments such as goverment bonds and T-bills, and would have sustained substantially less losses during the difficult times that followed. They would also have missed out entirely on the recent market gains, an event not predicted by Shiller.Shiller argues that the rise in stock market prices since 1988 cannot be justified by the economic growth the United States has experienced. He exposes the disparity between corporate profits and stock market growth, and reveals similarities between investor psychology in 2000 and investor psychology before the famous crashes of 1929 and 1987. Shiller developed many of the indicatores that he uses
I received a call today from a potential new client. We chatted about his project, about the logistics of the project, and we even began to go through numbers, which I would not have brought up. But, it is always welcome to begin the money talk sooner than later. I worked backward from what his all inclusive budget figure was, categorizing each cost, and ending up with one sum for the construction (not a lot), which I felt was fairly close to what a labor estimate might be, given what he told me of his project. Of course, that is all subject to change when I see the home, but nonetheless, it's a good start, and I had just done a similar project. He told me that another kitchen design firm quoted him 3 times the amount, in terms of labor, that I estimated to be reasonable, with that firm also not having seen his home, and double the all inclusive budget overall. So, reasonable question, why the wide difference? Of course, I have no idea what all was included in the other &q
From International Herald Tribune
To say that Chinese love to gamble would be a gross cultural generalization. Then again, one could be excused for assuming as much, considering how the world's gambling industry is going after China's bettors.
From Las Vegas to Macao and Monte Carlo to Sydney, gambling magnates are luring more Chinese their way. Gambling, you see, is illegal in mainland China. Then again, who needs baccarat tables and roulette wheels when you have China's stock market?
China's equity exchanges have long had more in common with casinos than markets. Investors were reminded of that on Jan. 31 when China's stocks tumbled the most in at least 21 months after a lawmaker said shares were overvalued. The comments by Cheng Siwei, vice chairman of the National People's Congress, fueled speculation the government will act to limit investment.
Speaking in Dubai, Cheng said only 30 percent of companies listed on the Shanghai Stock Exchange "are good to invest in by Western
From International Herald Tribune
To say that Chinese love to gamble would be a gross cultural generalization. Then again, one could be excused for assuming as much, considering how the world's gambling industry is going after China's bettors.
From Las Vegas to Macao and Monte Carlo to Sydney, gambling magnates are luring more Chinese their way. Gambling, you see, is illegal in mainland China. Then again, who needs baccarat tables and roulette wheels when you have China's stock market?
China's equity exchanges have long had more in common with casinos than markets. Investors were reminded of that on Jan. 31 when China's stocks tumbled the most in at least 21 months after a lawmaker said shares were overvalued. The comments by Cheng Siwei, vice chairman of the National People's Congress, fueled speculation the government will act to limit investment.
Speaking in Dubai, Cheng said only 30 percent of companies listed on the Shanghai Stock Exchange "are good to invest in by Western
From The Market OracleRecently voiced concerns from the Chinese government that their surging domestic stock market was crossing into bubble territory helped to set off last week's sharp decline, including a single day plunge of 6.5% (the equivalent of more than 800 points on the Dow Jones.) While a bubble may indeed be forming in Chinese stocks, my guess is that there is room for a lot more air before it finally pops.In fact, the recent warnings in China are reminiscent of Alan Greenspan's infamous "irrational exuberance†speech in December of 1996. As history has shown, the Chairman was correct (perhaps for the only time in his tenure), but Greenspan failed to comprehend just how much irrationality the markets would bear before they finally gave in. In fact, after nearly four more years of unprecedented market exuberance, Greenspan himself took the "new era†bait hook, line and sinker. Surprisingly, he became one of the market's greatest cheerleaders. My guess is that befo
Erinnert sich jemand an The Lost ? Wohl die Wenigsten. The Lost war ein ehrgeiziges Spieleprojekt von Irrational Games, das eingestampft wurde als Take Two, eh ich meine 2K, die ganze Bande eingekauft hat. FXLabs haben die ganzen Quellcodes, Grafik und RumTata's eingesackt und ein reines PC Spiel für den ...
Ed Bott, a blogger from Zdnet says:
A few weeks ago, Microsoft announced it was cutting the price of retail, shrink-wrapped copies of Windows Vista. The new suggested price for an upgrade edition of Windows Vista Ultimate is $219, down from $299. The cost of an upgrade edition of Vista Home ...
