And why should i do the work to dig up the ways government entice direct investments? We are just having a discussion, i am not trying to convince you of anything. In the end, none of what we say will be acted upon by the American public. The will choose in their own best interest and do not have to take into consideration my view or yours. This is pure price competition taken to it's logical conclusions.
I think that's the end of the discussion. at least for me.
It only derails further from here.
See you at next interesting topic.
the problems are not solved yet US rallied 2% last night
Asia rallied today
so the big question now is
1) is the crush coming or not?
2) if coming what level to buy?
"Luck is when preparation meets opportunity." We do not know if the crash is coming and what it would look like. What can we do? We can only think carefully about what we might want to buy if the price crash comes. We cannot control the market, we can only control ourselves.
I followed the discussion in this thread intensively, and it seems like the US Republican Party and Democratic Party debate in Capitol Hill is replay right here in this forum. As much as I tried to follow the discussion, I must admit that I can only comprehend less than 50% of what was said. One thing is certain, both sides have their own position and view and not able to meet in the middle. If it is so difficult to come to a consensus here, what’s more in the real situation in US congress?
Oh, btw, I don’t think there is any other forum that have such knowledgeable people discussing topics with such zest. There are some heated moments, but it is understandable.
I learnt a lot, thank you.
fire = passion!
I do not think the crash will come in the form of the US government default, but I do not claim to know the future either.
I try to be consistent in the way I invest, both in good times and bad times. Which is, to invest in a good business at a sensible price and hold for the long term. And only sell when I can replace one investment with an obviously better option (which in some case, could be cash).
3 days left to debt ceiling, US investors getting unhappy and nervous
i don't think US will default; unlike Russia. If US default i think they lose much more than gain. This is man-on-street's opinion.
The debt ceiling issue falls within the scope of fiscal policy rather than monetary policy no?
Therefore, it does not impact man-in-the-street... immediately right?
Unlike monetary policies.. which you and I can feel immediately like the car loan rules by MAS.
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