DV 2011 Winners from EUROPE ONLY

[Jeffy14]

yes they will ''borrow'' from SS .AND FEDERAL RESERVE (I.E... PRINT MONEY..ONE TRILLION IN THE NEXT 5 YEARS ) they can not print any more bonds because Chinese are on our backs and they do not want to see their own stack of bonds loosing value so its all around tightening the belt ......WITH PRINTING PRESS WORKING OVER TIME .. WHEN THEY CAN'T PRINT BONDS THEY PRINT MONEY ...ITS THAT SIMPLE ...

Anyways all this is in the papers here almost every day so you really have to step down from your ''high horse'' my friend and stop beign a smart alex ..if you work in finances and you planing on coming over TO WORK we are F..D.. and maybe its time to leave this country for good if there is more boneheads like you coming over ...maybe you can call prez and tell him he can borrow cheap ??... LOL and presto .. the crisis is gone and everyone is happy and smiling and you get a Nobel prize???

one more thing ..I'm sorry to tell you that but this country is TIRED OF FINANCIAL ''WIZZARDS'' SUCH AS YOUSELF WHO THINK THEY ARE SMARTEST IN THE WORLD ...money is gone here FOR VERY LONG TIME

and for the end just one piece of advice , WHEN /IF you come over here keep low profile with your comment about how US can borrow on a cheap from everyone because someone might take you far seriously and whack you right there on the spot ...feelings about what you saying are running too high here and you can expect some pretty bad reactions from people who are JUST ANGRY ON SUCH TRASH TALK ..with all due respect to your ''knowledge'' you are obviously still cleaning your mothers milk around your mouth

OKyou are right about one thing. I should be more respectful. On the condition that you try to listen to me. I'm gonna try to be polite so that you can understand. However, I'm sorry to tell you that you are confusing too many things.

1) the chinese government lends money to the US almost everyday. Just check the internet please. You dont know how the bond market works. Countries and institutional investors borrow money from the US all the time. Have you heard about the Greek problem? The Greek government could not pay back its debt and Europeans coutries had to bail them out. You see how Europeans (which are supposed to be wealthy and stabble) are in troubles. The US does not have this kind of problems. Even the Greek (which are in a very very bad situation) borrow money on the market, at a much much higher rate of course, I think at one point they paid 20% on a 10 years bonds (I'm not sure, it's approximate, you could check). So the Greeks were paying higher rates than you when you want to borrow to buy a house/car. This influenced the entiere Euro zone and makes rates in Europe higher.
Read the article I posted. The US is "printing bonds" (as you said) all the time, this quarter it will print for 387 billions and countries like CHina, will buy them (thus lending to the US). The US pays one of the lowest rates in the world. Just check it. I exlpainned it to you. The US situation may not be good, it's still better than most Europeans rich countries. As a matter of fact, the US pays so little interest rates when it borrows that it justs issued a bond with negative interest rates. In other words, investors are paying the US to borrow money from it (while it should be the opposite, that is the US should pay to borrow). I agree with you that it does not make much sense, but this is how bad the world situation is.
http://citywire.co.uk/global/first-negative-rate-us-bond-issue-reveals-debt-market-fears/a443983
People are buying those. Because AGAIN, the US is a safe government and people trust it more than any other. As an exemple: If you lend money to the Chinese, you dont know if one day they will decide not to pay you back... It's not a very democratic country as you know it. Also, third wold countries often dont pay back their debts, like Argentine. Even Russia( in the 90s) and Dubai (a few months ago) did not pay back partly or on time, which is bad (dont trust me? google it). The US never did this as it has a strong government and still a strong economy and government (stronger than the rest of the world), even if growing very slowly at the moment. The unemployement is around 10% in the US and so what ? In France it's the same, and in Spain it's 20%. Again, when talking you should compare to the rest of the world.
The US has a lot of debt, I agree with you. But almost all developped countries do right now. The US has a debt equivalent to something like 90%/80% of its GDP. But countries like Japan have much higher, debt, around 200% of GDP. Europeans countries have debt level comparable to the US and often higher with a worst economic situation. So you see that the US situation is not so bad compared to others, that's whay they can borrow so easily.

2) The other part that you call "printing money" (figurative name) is called quantitative easing and is used by the Federal Reserve by reducing interest rates. So it increases the money supply (prints money) in the economy. The US uses both (bonds and printing money)... as do all countries in the world. Again, read the artcile. The US issues bonds all the time and it will continue for many years. How can you have a budget deficit otherwise ? because it borrows money. The money is not just "printed". I dunno where you got those ideas about economics and printing money but it's wrong.

Please, thoroughly check everything I said. It's a lot of information and not easy concepts. But if you take the time and put good fatih to it, you will see that I'm not bullshitting you and that you missunderstood many things.

Do you have any other questions? Something is not clear?
I hope you will make the effort to listen to me
I backed all my statements with articles that you dont even consider reading.
In the article it says this:
"Two-year notes are forecast to yield 0.4 percent in the fourth quarter and first quarter of 2011, according to the survey. The 10-year note is forecast to yield 2.4 percent"
Which means that the US borrows at 0.4% over 2years and 2.4% over 10 years. Using google you can look up other countries and you will see that not many countries borrow this cheap
Brazil for example, which is a very fast growing country with good propects, borrows around 12% for 10years.

 

[kolja]

OKyou are right about one thing. I should be more respectful. On the condition that you try to listen to me. I'm gonna try to be polite so that you can understand. However, I'm sorry to tell you that you are confusing too many things.

1) the chinese government lends money to the US almost everyday. Just check the internet please. You dont know how the bond market works. Countries and institutional investors borrow money from the US all the time. Have you heard about the Greek problem? The Greek government could not pay back its debt and Europeans coutries had to bail them out. You see how Europeans (which are supposed to be wealthy and stabble) are in troubles. The US does not have this kind of problems. Even the Greek (which are in a very very bad situation) borrow money on the market, at a much much higher rate of course, I think at one point they paid 20% on a 10 years bonds (I'm not sure, it's approximate, you could check). So the Greeks were paying higher rates than you when you want to borrow to buy a house/car. This influenced the entiere Euro zone and makes rates in Europe higher.
Read the article I posted. The US is "printing bonds" (as you said) all the time, this quarter it will print for 387 billions and countries like CHina, will buy them (thus lending to the US). The US pays one of the lowest rates in the world. Just check it. I exlpainned it to you. The US situation may not be good, it's still better than most Europeans rich countries. As a matter of fact, the US pays so little interest rates when it borrows that it justs issued a bond with negative interest rates. In other words, investors are paying the US to borrow money from it (while it should be the opposite, that is the US should pay to borrow). I agree with you that it does not make much sense, but this is how bad the world situation is.
http://citywire.co.uk/global/first-negative-rate-us-bond-issue-reveals-debt-market-fears/a443983
People are buying those. Because AGAIN, the US is a safe government and people trust it more than any other. As an exemple: If you lend money to the Chinese, you dont know if one day they will decide not to pay you back... It's not a very democratic country as you know it. Also, third wold countries often dont pay back their debts, like Argentine. Even Russia( in the 90s) and Dubai (a few months ago) did not pay back partly or on time, which is bad (dont trust me? google it). The US never did this as it has a strong government and still a strong economy and government (stronger than the rest of the world), even if growing very slowly at the moment. The unemployement is around 10% in the US and so what ? In France it's the same, and in Spain it's 20%. Again, when talking you should compare to the rest of the world.
The US has a lot of debt, I agree with you. But almost all developped countries do right now. The US has a debt equivalent to something like 90%/80% of its GDP. But countries like Japan have much higher, debt, around 200% of GDP. Europeans countries have debt level comparable to the US and often higher with a worst economic situation. So you see that the US situation is not so bad compared to others, that's whay they can borrow so easily.

2) The other part that you call "printing money" (figurative name) is called quantitative easing and is used by the Federal Reserve by reducing interest rates. So it increases the money supply (prints money) in the economy. The US uses both (bonds and printing money)... as do all countries in the world. Again, read the artcile. The US issues bonds all the time and it will continue for many years. How can you have a budget deficit otherwise ? because it borrows money. The money is not just "printed". I dunno where you got those ideas about economics and printing money but it's wrong.

Please, thoroughly check everything I said. It's a lot of information and not easy concepts. But if you take the time and put good fatih to it, you will see that I'm not bullshitting you and that you missunderstood many things.

Do you have any other questions? Something is not clear?
I hope you will make the effort to listen to me
I backed all my statements with articles that you dont even consider reading.
In the article it says this:
"Two-year notes are forecast to yield 0.4 percent in the fourth quarter and first quarter of 2011, according to the survey. The 10-year note is forecast to yield 2.4 percent"
Which means that the US borrows at 0.4% over 2years and 2.4% over 10 years. Using google you can look up other countries and you will see that not many countries borrow this cheap
Brazil for example, which is a very fast growing country with good propects, borrows around 12% for 10years.


[/QUOTE




i have to agree with praha and anzac..if the USA can borrow money to sustain growth then why there is a crisis ?? why there is a jobs cuting in public sectors and spendnigs all around usa ? why cuts when they can borrow for less and why they print money like crazy ??? next week they gonna be announcing new wave of money printing ,if its all good what you say and we are so well off compared with countries which are still having a growth despite the crisis we for sure should not be in crisis at all then !?
i think what you say is good in theory but theory is gone and we have something which is called reality and thats what everyone on this tread is saying ,we don't see the benefits of all that because that statistics and info you keep pushing is simply obsolete and has no meaning at all nor has any influence on people like us (recent immigrants who trying to survive in ''land of opportunity").the fact is that there is no money to borrow so we can get out of this mess for very long time .is as simple as that

 

[Jeffy14]

i have to agree with praha and anzac..if the USA can borrow money to sustain growth then why there is a crisis ?? why there is a jobs cuting in public sectors and spendnigs all around usa ? why cuts when they can borrow for less and why they print money like crazy ??? next week they gonna be announcing new wave of money printing ,if its all good what you say and we are so well off compared with countries which are still having a growth despite the crisis we for sure should not be in crisis at all then !?
i think what you say is good in theory but theory is gone and we have something which is called reality and thats what everyone on this tread is saying ,we don't see the benefits of all that because that statistics and info you keep pushing is simply obsolete and has no meaning at all nor has any influence on people like us (recent immigrants who trying to survive in ''land of opportunity").the fact is that there is no money to borrow so we can get out of this mess for very long time .is as simple as that

Im Just gonna answer one question from your post:
"i have to agree with praha and anzac..if the USA can borrow money to sustain growth then why there is a crisis ??"
When you borrow money to spend it does it make you richer ? No.
When you borrow money to start a company does it make you necessarily rich? No, your company has to make money. Do all companies make money? No and many many fail.
So when the US borrows money what should it do with it? Give it to the people through aids? thats what it does (only a little). But once this money is money is gone? what next ? give more ? until what point? The US has already a HUGE DEBT.
So what else can it do ? Help companies that are struggling? Yes it does it with GM, banks etc... But what if those companies are still doing poorly because people dont wan to buy cars? Give more money ? to increase even more the debt? Who is gonna pay back all this ? You, your children ?
The more money you borrow, the higher the interest rate you will have to pay.... It's common sense omg. Do you use your brain sometimes?
So what if after spending all this money people still dont want to buy stuff because they dont feel good about their future. That's exactly what happened with this crisis. The government borrowed HUGE amounts of money to stimulate growth. So far did it make your situation better? I dont think so.
So you see that's not that easy.....
Also, let's assume growth picks up again. Throwing that much money in the economy will cause 'inflation". Which means prices will increase. If there is a lot of money in the economy, then Demand increase and you stimulate growth, but at one point, prices may actually explode and you can have inflation that runs around 20% or even higher...
DO you want to pay your big mac 20% higher years after years ?
So you see spending on nothing is not "productive". Throwing money is not a solution. Otherwise it would have fixed the problem....

THis is reality... I posted articles for you to get smarter. Go read a newspaper, take a book.
Im not here to teach you how economics works. I could if you were talking to me normally but you are implying that I'm a moron and that I know nothing. But I gave you articles, real proof etc... when you talk , you dont give any , you just brace air
Be smart for once in your life. I answered your question about the crisis before. So take the time to read the other posts. I'm telling you one thing.
Im not giving any statistics.... it's real numbers omg.
I'm out wasting my time here
Bye

 

[kolja]

THis is reality... I posted articles for you to get smarter. Go read a newspaper, take a book.
Im not here to teach you how economics works. I could if you were talking to me normally but you are implying that I'm a moron and that I know nothing. But I gave you articles, real proof etc... when you talk , you dont give any , you just brace air
Be smart for once in your life. I answered your question about the crisis before. So take the time to read the other posts. I'm telling you one thing. If you dont change you attitude, no banks wont ever lend you money.
Im not giving any statistics.... it's real numbers omg. The problem is that you cant even grasp 1% what I'm talking about. Did you ever go to school? You should make a stop in a school, they teach great things (and statistics if you want). You will "try to survive" all your life with your attitude.
Kojla seriously you are so stupid i'm not surprised you are poor lol.
Good luck with your life.

all that you said matters nothing ,who cares about china ?? Chinese borrow the money to US so the US can buy its products ,BIG DEAL EH??
US printing bonds so there is more US bonds then total money
(dollars)in circulation ..US wants Chinese to buy even more stupid bonds but Chinese politely told theM to f..k off
then Obama threaten Chinese he will take action if they don't deflate their currency ..Chinese said OK but then we will come over to cash US GOVT BONDS ..so Obama backed off ..its all a game of FINANCIAL HOUSE OF CARDS !!!!....AND I DON'T GIVE A DAMN ABOUT IT !!!

I can go on on and on and on for days ...as someone said WE ARE TIRED OF PEOPLE LIKE YOU ..PLEASE DO NOT COME HERE IN THE USA TO WRECK EVEN MORE HAVOC WITH YOUR PATROINIZING WORDS AND YOUR ''BOOKS AND GOOGLE FACTS ''TRYING TO PROVE THAT YOU ARE VERY SMART AND ''KNOW ECONOMICS AND BEEN TO SCHOOL'' KIND OF CRAP..PEOPLE LIKE YOU WITH YOUR STATISTICS AND LIES AND YOUR GAMBLING ATTITUDE FULL OF CRAPY TALK SUCH AS '' EVER BEEN TO SCHOOL KIND OF S..T''.. ARE VERMIN ..
EVERYTHING YOU KNOW AS ''ECONOMIST '' AND ''FLOOR TRADER'' (MAYBE FLOOR CLEANER YOU MEANT I DON'T KNOW EXACTLY) ITS JUST PURE GARBAGE AND PROVEN DISASTER
YOUR WAY OF THINKING (OR SHOULD I SAY STUPIDITY )DESTROYED THIS COUNTRY ALREADY SO I REALLY DON'T NEED YOU TO TELL ME THAT I'M POOR BECAUSE I DON'T ACCEPT YOUR BULLSHIT ...ANYMORE ..SO TAKE A HIKE AND BOTHER SOMEONE ELSE OR EVEN BETER STAY WHERE YOU ARE AND DON'T COME OVER TO THE USA ..PLEASE!!???

 

[Jeffy14]

kolja you are so funny man
It's not deflate, it's inflate their currency
Then, part of your Obama thing and selling the US govt Bonds is true. But you miss a BIG part. The chinese did accept to raise the value of their money (just a little bit). Just check the news.
Next, it's only trash talking between USA and China, thats all. Europeans do the same. But they still buy each others bonds
Last, China is not the only country buying US bonds. The entire world does it....

 

[win dv]

This thread is becoming like comedy....please guys, stop this back and forth trashing each other....our intellect are on different levels. No one should be called 'stupid' because of this. Relaying your opinions/thoughts in it's simplicity is best so that they are easy to understand....

 

[Jeffy14]

This thread is becoming like comedy....please guys, stop this back and forth trashing each other....our intellect are are different levels. No one should be called 'stupid' because of this. Relaying your opinions/thoughts in it's simplicity is best so that they are easy to understand....

I agree. That's the best comments that has been made in the last 2 pages and I think I'm gonna stop here
Thx!!
Kolja I'm sorry for what I said.

 

[win dv]

No problem Jeffy, you know who you are as a person, so mere words from others cannot change this!!!

 

[PRAHA]

No problem Jeffy, you know who you are as a person, so mere words from others cannot change this!!!

yes ,amen to that
bunch of people from Wall Street used to repeat for decades that they are the smartest and quoted all kinds of statistics patting each others on their backs saying that we mere mortals do not understand high finaces and how the money market works in the 21 century quoting all kinds of statistics and different ''floor ''traders appearing on the TV news and newspappers saying things that nobody understood and hedge funds managers got promoted into celebrities over night for their ''knowledge '' of how to turn cents into dollars ..
but then guess what .. everything went down the toilet and it was us ''uneducated stupid people without school '' who had to bail them out by forking out money from our 401ks and directly from our savings and businesses ..so this smart people such as yourself only mascared and bullsh...d us in order to steal and pillage everything they can
.so yes we are on the different level but not of intelegence but rather human scale ..with you guys still in the trees picking bananas and making animal noises

 

[PRAHA]

This thread is becoming like comedy....please guys, stop this back and forth trashing each other....our intellect are on different levels. No one should be called 'stupid' because of this. Relaying your opinions/thoughts in it's simplicity is best so that they are easy to understand....

''wise'' words considering they are coming from a forum clown
you better work on your English mate it might come in handy one day
if you think this kind of comments exchange is a joke then don't read it ,nobody is twisting your arm

 

[PRAHA]

??????????

 

[anzac]

over

 

[win dv]

Praha, are going through mid-life crisis or something? You need to work on your Grammar and learn how to spell. My English may not be perfect like many, many Forumers but I have accomplished so much in life and is at peace. I can tell that you are here to belittle and trash people. Change your attitude, humble yourself and maybe your 'situation' may get better. I have nothing more to say to you.

 

[win dv]

Praha, some of your comments make sense and some are just so rediculous and childish. Again, you are calling people "stupid" who are you? You don't know me and perhaps a lot of the other Forumers. You said "steal and pillage everything they can" Are you describing yourself. so if i were you, I would stop while I am ahead. What is wrong with picking bananas and making animal noises? I would rather do these things than to be in your stressful situation. Are you prejudice?. Be careful with your attitude and what you say as they will come back to you like a BOOMERANG!!!

yes ,amen to that
bunch of people from Wall Street used to repeat for decades that they are the smartest and quoted all kinds of statistics patting each others on their backs saying that we mere mortals do not understand high finaces and how the money market works in the 21 century quoting all kinds of statistics and different ''floor ''traders appearing on the TV news and newspappers saying things that nobody understood and hedge funds managers got promoted into celebrities over night for their ''knowledge '' of how to turn cents into dollars ..
but then guess what .. everything went down the toilet and it was us ''uneducated stupid people without school '' who had to bail them out by forking out money from our 401ks and directly from our savings and businesses ..so this smart people such as yourself only mascared and bullsh...d us in order to steal and pillage everything they can
.so yes we are on the different level but not of intelegence but rather human scale ..with you guys still in the trees picking bananas and making animal noises

 

[win dv]

Praha, whats with the question marks? Have you ran out of things to say? Are you done arguing and trashing people? I know what you are tying to do ( i.e. discourage people on this forum). You NEED TO LEARN HOW TO READ ENGLISH AND IMPROVE YOUR COMPREHENSION SKILLS. These are the reasons why you couldn't understand what Jeffy14 and others were trying to explain to you in simple terms. Do you think that writing a long epistle makes you an intelligent person? Do your research first and then try to explain your findings in simple terms. However, i wish you much success and all the best. Have a wonderful life.

??????????

 

[Jeffy14]

yes ,amen to that
bunch of people from Wall Street used to repeat for decades that they are the smartest and quoted all kinds of statistics patting each others on their backs saying that we mere mortals do not understand high finaces and how the money market works in the 21 century quoting all kinds of statistics and different ''floor ''traders appearing on the TV news and newspappers saying things that nobody understood and hedge funds managers got promoted into celebrities over night for their ''knowledge '' of how to turn cents into dollars ..
but then guess what .. everything went down the toilet and it was us ''uneducated stupid people without school '' who had to bail them out by forking out money from our 401ks and directly from our savings and businesses ..so this smart people such as yourself only mascared and bullsh...d us in order to steal and pillage everything they can
.so yes we are on the different level but not of intelegence but rather human scale ..with you guys still in the trees picking bananas and making animal noises

Why do you look for conflict ? I said I stopped being an idiot but you continue insulting me and looking for troubles....
I'm sorry as Win DV said, you must be going through a mid life crisis or something...but dont take it on other people.
THx

 

[Jeffy14]

Praha, whats with the question marks? Have you ran out of things to say? Are you done arguing and trashing people? I know what you are tying to do ( i.e. discourage people on this forum). You NEED TO LEARN HOW TO READ ENGLISH AND IMPROVE YOUR COMPREHENSION SKILLS. These are the reasons why you couldn't understand what Jeffy14 and others were trying to explain to you in simple terms. Do you think that writing a long epistle makes you an intelligent person? Do your research first and then try to explain your findings in simple terms. However, i wish you much success and all the best. Have a wonderful life.

Well said
Let's make peace now plz Praha.

 

[kolja]

.....you say USA can borrow from CHINA with low interest and yet CHINA has to pay top interest on any loans it would get from CHINA itself ??? LOL !!
(that's just one OF THE MANY very ''smart'' things you said in your comments here )


uh really ??? wow you are very smart guy .. I envy your wife (for getting married for such genius and your children for having such smart father )
and company where you gonna work in the future ..

with this I also check out from this subject

 

[PRAHA]

ok ..on the lighter note I would like to know

why 1 kilogram of oranges in FLORIDA costs 4 DOLLARS AND IN MY''OLD ''COUNTRY IN CONTINENTAL EASTERN EUROPE ITS ONLY 1 DOLLAR per KILOGRAM ..they grow oranges in FLORIDA right ??? .. in EE we don't have farms of oranges because of the climate -we import them from FLORIDA !!??

ALSO .. WHY IN THE USA WE PAY FOR INCOMING CALLS ON OUR MOBILE PHONES ???


more to come ...

 

[sista_mai]

We pay for incoming calls on cell phones in the US and Canada because the person who's calling don't have to pay extra fees (just like a landline)
In other countries, the person calling on a mobile got to pay extra fees..
Just a different system, that's all...