Pivotfarm's blog

A discussion of the numbers, markets and taper!

The Buffets and the Gates of the US will be shedding a few tears this week as the United States and Switzerland have reached an agreement that brings the status of the latter as a tax haven for Americans (or will they?).

What's really Important?

Fingers have two things which are common to them all over the world, wherever we come from. They are all different, which at least is one thing in common. Then they are prone to being fat and clumsy whether that be from New York to Hong Kong; especially in the financial world.

Slavery was meant to have vanished from the face of the Earth, or at least from our modern societies years ago. But, it hasn’t. We all know that.

There’s too much of a sameness about Japan and the USA today. The Land of the Rising Sun and good old Uncle Sam have been copying each other far too much and now it seems as if they are railroading on the same train to the Land of Debt.

It’s a big mistake. Maybe some might say that the Fed altogether is a mistake itself. But, it’s made some big, ugly mistakes that don’t bare thinking about and yet there’s no understanding why they took those decisions.

French President François Hollande jumped straight in declaring in more Sarkozy-style fashion than ex-President Sarkozy himself that he would attack Syria. That was even before the UN investigators had been shot at by some unidentified people.

If Syria is invaded by the West, then we should be getting ready for a hike in the price of Brent that some say may reach a much as $150 since it will escalate into a regional problem and affect supplies coming out of Iraq.

The Border Security, Economic Opportunity, and Immigration Modernization Act. It’s a mammoth of a reform bill and runs 844 pages (plus 350 pages of annexes). A needed overhaul of the 1986 law, but it will have its downsides too.

Syrian President Bachar al-Assad has warned President Obama not to take military action against his country since: “Failure awaits the United States as in all previous wars it has unleashed, starting with Vietnam and up to the present day”.

A study carried out recently by Nature Climate Change took a look at and analyzed past and present floods in the world and was able to predict the future floods that will take place concerning 136 cities.

What the Falafel? There are times when you wish you could just dig a big hole and throw yourself into it and let someone else fill it in with shovel-loads of muck.

After the banks, after the city of Detroit it will be the USA that will be going bankrupt and filing for Chapter 11 bankruptcy. If only that were possible! But unfortunately it won’t be.

The flood myth is common in many cultures and civilizations around the world, in the belief that some greater deity will destroy the Earth for the wrong-doing that has been done and a new order will be created.