Comments on: Japanese Canaries in a US Economic Coal Mine http://dailyreckoning.com/japanese-canaries-in-a-us-economic-coal-mine/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 03:39:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: LaRRRRy http://dailyreckoning.com/japanese-canaries-in-a-us-economic-coal-mine/#comment-42872 LaRRRRy Fri, 04 Dec 2009 19:49:31 +0000 http://dailyreckoning.com/?p=20836#comment-42872 Talk about rambling... Talk about rambling…

]]> By: Dean Mitchell http://dailyreckoning.com/japanese-canaries-in-a-us-economic-coal-mine/#comment-42865 Dean Mitchell Fri, 04 Dec 2009 19:21:31 +0000 http://dailyreckoning.com/?p=20836#comment-42865 Chuck, i think you're rambling and you have no idea. Firstly, Usa today is nothing like Japan was because Japanese households are net savers NOT net debtors like Us households. Japan corporate balance sheets generally are not leveraged up to the eyeball like Us companies. Secondly, the point of the article about European countries debt was that the top 7 Eurozone economies were carrying total debts of more than $50trillion. Compared with the size of their combined gdp relative to the us, then that debt is worth talking about. Finally, whenever you talk about your borrow the dollar and buy yield trade, i can't help but think you're just one of the herd. A lot clients could get burnt with a sharp turnaround on that strategy. And i don't think they'll like it when you're writing dissing the fed and treasury for their free money policy. That's exactly what is fueling your dollar carry trade. Don't for one minute think that China are not guilty of manipulation. Without us buying their goods what would their unemployment be? And how many jobs has china stolen from other developing countries with floating exchange rates. You've forgotten econ101. In any economic transaction both parties are accountable. Chuck, i think you’re rambling and you have no idea. Firstly, Usa today is nothing like Japan was because Japanese households are net savers NOT net debtors like Us households. Japan corporate balance sheets generally are not leveraged up to the eyeball like Us companies. Secondly, the point of the article about European countries debt was that the top 7 Eurozone economies were carrying total debts of more than $50trillion. Compared with the size of their combined gdp relative to the us, then that debt is worth talking about. Finally, whenever you talk about your borrow the dollar and buy yield trade, i can’t help but think you’re just one of the herd. A lot clients could get burnt with a sharp turnaround on that strategy. And i don’t think they’ll like it when you’re writing dissing the fed and treasury for their free money policy. That’s exactly what is fueling your dollar carry trade. Don’t for one minute think that China are not guilty of manipulation. Without us buying their goods what would their unemployment be? And how many jobs has china stolen from other developing countries with floating exchange rates. You’ve forgotten econ101. In any economic transaction both parties are accountable.

]]> By: Brian http://dailyreckoning.com/japanese-canaries-in-a-us-economic-coal-mine/#comment-42833 Brian Fri, 04 Dec 2009 16:13:30 +0000 http://dailyreckoning.com/?p=20836#comment-42833 Looks like you underestimated the governments ability to torture the unemployment numbers. Somehow they managed to get the figure down to 10%. Amazing how unemployed people not receiving benefits are not counted as unemployed. Looks like you underestimated the governments ability to torture the unemployment numbers. Somehow they managed to get the figure down to 10%.

Amazing how unemployed people not receiving benefits are not counted as unemployed.

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