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I'm sorry Guys, but your country is going into deep shit, Buy Indian Government Bonds instead, great rate 6.75% :))
Right, because India is the picture of progress.
Is that Poor Sarcasm I detect, Mrs Robinson?
poor in that I gave it as much effort as it deserved... getting off a plane anywhere in India immediately brings to mind the term "third world". We have problems here of course, but at least the homeless are sheltered. Bond yields do not a nice country make.
I've never understood India. It's just too complex. Laugh if you will - but even greater men than me capitulated trying to understand the culture of this nation. I would never dare to judge the people of India as you did. They've done astonishing things in the past - just think of the great philosophers, personalities they had and the great buildings and art. But there is a thing about India that frightens me - it's Pakistan. The future of Pakistan doesn't look good.
And if you ask me about the United States - I would never do the mistake to underestimate their capabilities. Yes, they will suffer - like we Europeans will - but they've shown in the past that they are able to overcome the difficulties, to take the heat and come back. It will take a while, certainly. But it would be unwise to think that the United States are finished for a long time. They also have very creative people - although I am from Europe, I won't join that trend to bash the United States.
way to say nothing.
Today, economic conditions are not stable. The adults don't have any jobs, so they are going for anyone that will hire them.
j1 visa workers
No, just reality...
India has what, exactly?
No offense, but "value/wealth" has only really, and will be more so in the future, about PHYSICAL RESOURCES.
Again, India has what, exactly?
If the US defaults it still has physical resources at or near the tops of most categories. Yeah, meaningless when you're consumption levels are astronomical, but as the Great Unwind continues the consumption will drop (read "physical resources will last longer").
NOTE: The only sane thing that India is doing is loading up on gold (but the vaults will empty as it needs to import required resources).
Thanks for playing!
India has what the us once had, Demand, LOL
india is a place where the poor cut off their limbs to more effectively beg for food. and 6+% yield on indian bonds is a negative return >> http://www.tradingeconomics.com/india/inflation-cpi
With over a billion, stinky indians crawling over each other like sewer rats india is poised to destroy ALL their resources within the next 20 years and lead the world in dumps per square mile. But not fret, dumps and disasters are bullish. Just look at japan!
Can I still sell my liver in China and get an iPad?
As an impressed visitor from India once said to his american host: "I want to live in a country where the poor people are fat". When you got that over there, call us back.
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2/3 of the worlds monazite reserves...think Thorium fuel cycle.
"Again, India has what, exactly?"
All those jobs, production facilities, call centers, R&D labs, and healthcare sector jobs, (and all of Morgan Stanley Mutual Funds jobs, BTW) that the American multinationals have relocated there.
Debt from any country is becoming a sucker bet.
Buy Silver Bullion instead. It's more pleasing to the eyes.
So your trade is short gold and long Indian Government bonds?
WTF! We cannot junk people on Tyler Mohammed's new web site? FAIL. The junking was the best part.
You can still junk but it's attached to your name now.
Why buy any countries debt? Are bonds for gentlemen or suckers? Waste of money when I can exchange fiat for physical silver.
Dear unskilled brats of America, you don't need jobs in the same way that people with kids to feed do.
People without jobs shouldn't have kids to feed. You've had your chance, and you failed life. To the death panel!
Embrace The State. We're all socialists now! Barack Hussein Obama, mmm mmm mmm!
Socialist? Hardly!! Fascist is a lot more like it, though the current fascism is a far more evil variant than Nazi fascism.
Nazi = National Socialist. Further, communism and fascism are merely two sides of the socialist coin. Regardless, however one wishes to define such things, it's all Statism leading down the path to totalitarianism. Bad for business. ALL the red bastards need to be locked up or deported.
You are about as ignorant of history as it gets. Shoot that moon!
Are you suggesting the Nazi party wasn't the National Socialist party? I mean, I have to doubt that because it would truly be the height of ironic stupidity, but for someone who adopted the name of a perverse sexual act, I can't be too sure.
Picking on his sexual predilections doesn't advance your argument.
That said, stop confusing him with the facts.
I suppose that gives snowballs chance in hell a completely new meaning.
You know there are many things that are called snowball...in finance, computer science, Warren Buffet, and even Trotsky, but I can see how peddling your trade as a fluffer has biased you towards your chosen interpretation.
Enjoy those "tips", suckah.
You have got a bit of stupid on your chin there Comrade Conrad.
So if they're laid off because of say...a bankster-induced financial crisis...they should sacrifice their chidren to the gods?
Well, if victim mentality is the order of the day, there's no hope. It's not that the person wasn't skilled/valuable enough to be retained. It's not that the person didn't have the ambition/drive to become more skilled/valuable. It's not that 2-3 years on the dole wasn't long enough to accomplish something. No, it's the evil bankers and the man holding that person down. That dope really rotted the boomers's brains.
Well they are soon to being going through hopium withdrawals bitchez!
Since we're talking about ADULTS WITH TEEN JOBS (you know...the article) then I'd say they are doing "something", not what they'd like, I'm sure, but not the dole either.
Now go hit that crackpipe again, Amy.
Pray tell, where might one become more skilled/valuable w/o incurring $50-200k of student loan debt?
Any public library.
Especially since those unskilled brats are still living at home, the "kids" they are having to feed. Soon, to be joined with gramma and gramps..... Of course, Mom and Dad will be losing the house soon on McD's wages. Then they will sell the kids into slavery and send the elders out to sea on the ice floes. Seriously, last time I saw adults taking kids jobs, we were in the middle of a bad recession. I remember as a young thing out of engineering college, not being able to get a job because seasoned pros were taking entry level jobs at entry level pay.
Ever stop to think that maybe the reason some of these kids are looking for jobs is because their family is going through tough financial times and need the extra money?
Too simple. People aren't used to seeing that. Competition is a bitch.
News for the kids: you'd better toughen up, because your parents are going to be sticking it to you for the rest of their lives.
It's not enough that we've saddled you with unpayable debts to support our ignorance and laziness. Now, we shall take the jobs to ensure your enslavement to the monster state we have created. Enjoy it while it lasts slaves.
And remember, talking bad about the boomers is wrong, mmmkay.
Hey conrad fuck off, I am boomer and I had no input on how this went down the last 30 years.
Just another victim of "The Man", right? Smoke another one hippie.
dude....WTF? how old are you? 12? 18? 29? you sure didn;t learn much in our public education system or college or post-grad or even here on ZH. Read much? YOU FUCKN' DOUCHE. The only "boomers" to blame are the ones in DC and on Wall Skreet. Get a life
cosmictrainwreck is apropos(a sordid hippie whose mind got bent too far on the brown acid). Until you learn how to spell and punctuate with the tiniest modicum of respectability, you will not address me in any other manner than Sir, and you will refrain from questioning the educational levels of others.
All boomers are to blame. They kept wanting more more more on the backs of their children. They sold this country straight into the shitter for false promises. Every single one of them is guilty. Now, if you're not too busy blowing one of those wrinkly old hoses(I suspect you are the other half of snowball's team), please kindly fuck off.
you are clearly entitled to your twisted, xenophobic, unenlightend, over-simplified, moronic and myopic opinion
Wish I knew how to +1 on the new site. They wanted it all and want their kids to pay for it. They sat around pushing papers their whole life and never learned any real skills despite knowing that their jobs would be replaced by computers that most of them were too lazy to learn how to use. They never saved anything for retirement despite decades of warnings that SS would not be enough to retire on. A whole generation of people that dont produce much of anything except more paper to push around. I love my parents but my dad is over 60 and never even learned how to change a tire.
Those of boomers that aren't like the above know that most of their peers are to blame, and are probably more disgusted by it than I am. Those that take offense probably fall into the above category.
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