galrads: My 243 win is 20 years old but I doubt I've put 100 rounds through it. I ran out of ground hogs on farms wher I had permissions to hunt. ont tell your beloved Feinstein that I reload my own ammo, please.
don't worry,Lautenberg thinks he has the "Cure for that! He is as bad as Finestone!
These are Perilous Times-Jim Rogers By Greg Hunter’s USAWatchdog.com Legendary investor Jim Rogers is worried about unprecedented money printing around the globe. Rogers says, “We have never had every government debasing their currency at the same time. . . . This is the first time in recorded history where you have most of them doing it all together. These are perilous times . . . one way or another, this is going to end badly.” Rogers owns gold and thinks last week’s gold sell-off was a good thing. Rogers says, “This is normal. This is not unusual. I welcome it. I expect gold to go much, much, much higher over the next decade, but it will not and cannot until it starts having normal corrections.” How high will gold go? Rogers says, “If the U.S dollar becomes confetti, any number you want to make up. They’re printing U.S. dollars fast enough to turn them into confetti. Who knows how high gold will go as long as we have a mad man running the central bank.”
Actually the US is doing reasonably well when compared to the Eurozone. Steel production is a basic building block of a country's or region's economy.
"Impact of Economic Growth and Steel Demand on European Steelmakers The International Monetary Fund decreased its growth projections for the eurozone to a negative growth rate, and a decrease of .3 percent. The IMF projected that Germany, the eurozone's strongest economy would grow .6% this year, and that France would grow at a .1 percent rate.
The European Union countries saw a 9.3 percent decline in steel demand last year, as the euro crisis weighed heavily on economic activities throughout the region. Steel demand in Europe is expected to shrink a further .5 percent this year."
"Impact of Economic Growth and Steel Demand on U.S. Steelmakers The International Monetary Fund revised its growth projections for the U.S. economy, and indicated that America's economy will grow 1.9 percent this year.
The World Steel Association indicated that U.S. demand for steel increased 8.4 percent in 2012. This was primarily due to demand from the automotive and energy sectors and an increasingly resilient construction recovery. The demand for steel in the U.S. is expected to increase 2.7 percent this year to 99.3 million tons, and increase 2.9 percent to 100 million tons next year."
ooby_dooby: Actually the US is doing reasonably well when compared to the Eurozone. Steel production is a basic building block of a country's or region's economy.
"Impact of Economic Growth and Steel Demand on European Steelmakers The International Monetary Fund decreased its growth projections for the eurozone to a negative growth rate, and a decrease of .3 percent. The IMF projected that Germany, the eurozone's strongest economy would grow .6% this year, and that France would grow at a .1 percent rate.
The European Union countries saw a 9.3 percent decline in steel demand last year, as the euro crisis weighed heavily on economic activities throughout the region. Steel demand in Europe is expected to shrink a further .5 percent this year."
"Impact of Economic Growth and Steel Demand on U.S. Steelmakers The International Monetary Fund revised its growth projections for the U.S. economy, and indicated that America's economy will grow 1.9 percent this year.
The World Steel Association indicated that U.S. demand for steel increased 8.4 percent in 2012. This was primarily due to demand from the automotive and energy sectors and an increasingly resilient construction recovery. The demand for steel in the U.S. is expected to increase 2.7 percent this year to 99.3 million tons, and increase 2.9 percent to 100 million tons next year."
No doubt the steel demand is mildly encouraging, also the demographic situation in the US is much better than in Europe, never questioned the fact that the country has some built-in tenacity. But it is sinking nevertheless, maybe not completely, but by the time it stabilizes the rules of the game will be entirely different.
ooby_dooby: No that wasn't me, I have an image to maintain.
Hahaha ok Obama at least said bush was a good man. Obama looked more than a little stunned to hear the praised heaped on Bush for his work and achievements (especially those in Africa) by Clinton and Carter.
Now there are some real knowledgeable people here, so what is Your personal predictions in earnest, the likely scenario and time-wise. Also was about to forget, $US staying as the main currency?
galrads: ...... Obama looked more than a little stunned to hear the praise heaped on Bush for his work and achievements (especially those in Africa) by Clinton and Carter.
That information was missing from the teleprompter.
So really, when and if the production capacities everywhere are optimized for internal demands does that spell end to ForTrade. ? How will the basic everyday industries be affected like food ? Should we expect to see some birth rates declining( maybe awesome for this planet, not so for social entitlement programs)?
I give the US another couple of years of pretending that everything is OK then there are going to be cuts. Cuts that are going to REALLY hurt the economy. Your GDP will fall as the cuts start to bite, that will trigger further, harder cuts to try to and make up for the drop in GDP and that will mean recession. I suggest you buy Yuan because when the cuts start to bite the dollar is going to drop like a stone, making imports more expensive and further hurting deficit reduction.
Wall Street's Best Minds | FRIDAY, APRIL 26, 2013 Our global economy, reckless in its use of all resources and natural systems, shows many of the indicators of potential failure that brought down so many civilizations before ours. By sheer luck, though, ours has two features that might just save our bacon: declining fertility rates and progress in alternative energy.
Markets Regulation UniCredit to shun US derivatives trading Regulators in Europe and Asia have also expressed concerns about the new US rules on who can clear trades in the huge $640bn over-the-counter derivatives market.
Derivatives reform in America Swapping bad ideas A big battle is unfolding over an even bigger market THE numbers are almost too large to comprehend. The value of one form of derivative traded in America, known as a “swaps contract”, in which counterparties agree to exchange cash flows from two financial products, exceeds $400 trillion.
UK SUPERVISOR WARNS DERIVATIVES CLEARERS OF TOUGH FEE POLICING LONDON (Reuters) - Britain's new regulator for market operators warned clearers of tougher policing of fees to stamp out cut-throat competition that risks undermining financial stability.
World leaders agreed during the financial crisis to reshape the opaque $640 trillion off-exchange derivatives market for interest rate, credit default and other swaps by requiring many of the contracts traded between banks to be cleared by a third party that has a default fund to cover losses.
The last two predictions seem to be based on realistic expectations, not a nice picture........Actually even more dramatic than my personal predictions.
The last two predictions seem to be based on realistic expectations, not a nice picture........Actually even more dramatic than my personal predictions.
The last two predictions seem to be based on realistic expectations, not a nice picture........Actually even more dramatic than my personal predictions.
So what happens to the US military machine, bases, MEast presence, presence elsewhere. And by the way I surmise that Your predictions gentlemen for the other players like Russia, China and others at least in the long run are not much rosier.......
So the implied consensus is that the US is pretty much done playing the financial hub and the word policeman, no how multi-polar will the emerging world be in Your opinion? And what happens to some very important client states of this nation?
everything in the whole universe, likewise our planet, and right down to personal life experiences, arise in interdependence upon other aspects forming what could later be said to have formed an absolute truth.
At an individual level outcome is directly related to our motivation, likewise collective motivations and activities of collective body speech and mind activities shape the final outcome.
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He is as bad as Finestone!
look in the righthand column.