Peter Antico Charlton I will debate publicly your entire finance committee solo on camera and let the members decide. I would also debate the entire financial team at SAG AFTRA respectfully and I suggest you ask them what they think about my expertise in fundamental macro-economics. You say you minored in econ. Respectfully you demonstrate little understanding of economics based upon your posts that lack any basis to support your position. To be clear I wasnt born with a silver spoon in my mouth. It takes large amounts of capital to earn large amounts of capital (increased leverage). If a smaller investor makes the same percentage on his money as the large investor he is equally as astute however his return is smaller as he invested less. If you are an expert in real estate it doesnt mean you would own half of Los Angeles. Real estate is not my passion however I have much experience in buying and selling it. I am a successful investor and started when I was in my early twentys. I fell on my face a few times learning and got back up and never made the same mistake twice. I also studied macro-econ and continue to do so on a daily basis. You say I am a walking insult machine when you initiated with your insults. There are, as you say, many studies in economics and years to prove mathematical theories. I excel in Global macro-economics on the fundamental side. I study the velocity of capital along with geopolitical shifts that affect the global financial system and the impact thereof on the markets. With the current competitive currency devaluation and the feds money printing agenda the place to be is hard assets. The EU bailed out its banking system with borrowed money. Thats an accident waiting to happen. Our debt compounds negatively and if interest rates rise the interest on the servicing of that debt will sink our economy. We pay approximately 40 billion per month to service our debt not to mention 100 trillion leveraged in derivatives. Between Goldman and JP Morgan they have over 100 trillion dollars in selling interest rate swaps to artificially keep the rates low. If the markets were free the rates would rise and our markets would blow up. They are trying to keep the markets orderly however like a coiled spring sooner or later something has to give. The emerging markets are getting wise to America;s weak dollar policy as we export our inflation to China. China then unloads our dollars and is buying hard assets in Africa, gold, silver mines, oil, commodities, etc. Smart move. If we keep this money printing policy our foreign trading partners will take more action to protect themselves as they realize we are paying them back with dollars worth less and less in purchasing power. If you really want to have an educated economic conversation Charlton. I would be happy to do so in person. This union debate here is useless and views are skewed based upon your political beliefs. Not many open minds. Yelling at each other is egoism and we would be better served in working for the common good of all. That I am committed to.
Posted on: Sun, 31 Aug 2014 05:23:02 +0000
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