steve203’s Activity

Yesterday

NL

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steve203 replied to the Macro Economic Trends and Risks board. 10:24 PM

Re: Coal mine and power plants

Not so fast. The SC did not strike down the rule. The SC said the EPA didn't follow the correct rule making procedure.

Delay may be as good as dead. Regime change at 1600 in, what, 17 months and the rules could be revoked [more]

NL

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steve203 replied to the Macro Economic Trends and Risks board. 9:13 PM

Re: Greek drama fooling the audience

And the banks spend billions of dollars on Lobbyists to make sure that law is never introduced nor passed nor signed into law.

Actually, I think a "truth in lending" law was passed a number of years ago requiring that [more]

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steve203 replied to the Macro Economic Trends and Risks board. 8:55 PM

Re: Now it's Puerto Rico

Puerto Rico has relied on debt to try to grow the economy,

That has worked so well for the US for most of the last 35 years, right? We can have wars and arms races and tax cuts forever, right?

This is a non-issue. Recall how [more]

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steve203 replied to the Macro Economic Trends and Risks board. 5:23 PM

Re: OT - “anti-vaxxer” Doc found dead

To many others, however, he was a crackpot: a man who, despite his medical license, ignored science and championed dangerous, discredited and occasionally deadly treatments.

Quackery is rampant in the US. Years ago it was Dr Art Ulene [more]

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steve203 replied to the Macro Economic Trends and Risks board. 4:47 PM

Re: TREND:Healthcare

It would be a can of worms though if medicare began not paying for futile care. And that action ain't conducive to re election either.

I can hear the renewed screams about "death panels" already. Funny how we don't hear the [more]

Sun Jun 28

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steve203 replied to the Macro Economic Trends and Risks board. 11:50 PM

Re: Fainting ladies, markets and votes...

I, personally, think the Greek citizens will vote to capitulate to European demands after they get a week's taste of bank holidays, market closures and fainting old ladies at ATMs. At that point, surely the markets will rejoice.

Or, [more]

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steve203 replied to the Macro Economic Trends and Risks board. 11:39 PM

Re: Control Panel: Will Greek crisis spread?

The severity depends upon if Spain, et al, eventually decide to follow Greece's lead and how rapidly they follow.

Hence, the incentive to make the impact on Greece as severe as possible, to scare the daylights out of the rest of the [more]

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steve203 replied to the Macro Economic Trends and Risks board. 11:36 PM

Re: Greek drama fooling the audience

How much in billions of Euros is a weak Euro worth to German industry? How many billion Euros to French Industry?

Again, it's a matter of who is calling the shots, manufacturing, or the financial industry. Manufacturing would benefit [more]

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steve203 replied to the Macro Economic Trends and Risks board. 5:14 PM

Re: Greek drama fooling the audience

Something to chew on:

June 17, 2015

EU attempts a coup d’état by stealth in Greece

The hypothesis, made explicit, is that the EC-ECB-IMF...is therefore not prepared to provide enough support (in the form of debt
[more]

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steve203 replied to the Macro Economic Trends and Risks board. 5:02 PM

Re: Greek drama fooling the audience

IMO all these are the best possible preparations to have Greece declare bankruptcy and start negotiating a haircut of Greek debt,

The feasibility of that plan depends on who has the most power. Remember when the US government bailed [more]

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steve203 replied to the Macro Economic Trends and Risks board. 3:07 PM

Re: Poll: Economic Illiterates

...yes citizens, voters, civic cultures are, collectively, economically illiterate

Citizens do the same thing as Jamie Dimon. They vote for whoever promises tax cuts. They vote for whoever promises more government handouts. They vote [more]

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steve203 replied to the Macro Economic Trends and Risks board. 10:56 AM

Re: Poll: Economic Illiterates

I didn't vote for any of the offered choices, because I figure none of the above are "illiterate". They all know exactly what they are doing: doing whatever is profitable in the short term, and taking a calculated risk that the government [more]

Sat Jun 27

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steve203 replied to the Macro Economic Trends and Risks board. 11:00 PM

Re: hybrid cars a fad?

Just ask Steve, he'll give you a diatribe wrapped in a screed tied up in a tirade about Michigan's roads and taxes. ;-)

Since you brought it up...here's the latest no pain for anyone shell game from Lansing.

“Would you [more]

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steve203 replied to the Macro Economic Trends and Risks board. 1:28 AM

Re: Grexit Thread #13 or so...

A terrifyingly real possibility, especially as Putin could easily play the role the USA played with the 1967 "colonels".'

I'm thinking the western powers would do it, because the western lenders want the money. The US and [more]

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steve203 replied to the Macro Economic Trends and Risks board. 12:02 AM

Re: Grexit Thread #13 or so...

Don't overlook the possibility of a rerun of 1967. Repressive dictatorships can do things that democracies can't.

Steve

Fri Jun 26

NL

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steve203 replied to the Macro Economic Trends and Risks board. 10:59 PM

Re: Is India the Next China?

Clearly the bureaucracy and corruption issues

As I recall from Jeff's extensive travels in India, the judgement was "no". The corruption will prevent them ever pulling them selves up.

Steve

NL

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steve203 posted to the Macro Economic Trends and Risks board. 10:17 PM

OT FCA by the numbers

FCA's Jeep delay highlights challenges to a potential merger

FCA's Chrysler brand sold 26 percent of its vehicles using subprime financing. The industry average is 12.7 percent sales to subprime borrowers. FCA's Jeep and Ram brands are
[more]

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steve203 posted to the Macro Economic Trends and Risks board. 5:09 PM

OT after 9 years of flight tests...

...the F-35 can take off like Harriers did routinely 30 years ago.

F-35 Fighter Jet Nails Olympic-Worthy 'Ski Jump' Takeoff

[more]

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steve203 replied to the Macro Economic Trends and Risks board. 4:22 PM

Re: World's Next Great Manufacturer

Do I have to keep reminding you that the only Communist left in China is the Cuban ambassador?

From your link:

Many of the residents of Thomasville, Alabama will be glad to have jobs, but it will also become yet another [more]

NL

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steve203 replied to the It Is What It Is board. 4:10 PM

Re: CAUTION!!

...between the lawsuits, finger pointing, and absolutely predictable inability to pinpoint and establish accountability for the true cause of the accidents,

How they'll get a computer to master what people can't in 40 years of [more]

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Big funky green star, 20000 posts Top Recommended Fools Old School Fool
Board Posts 35570
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Recs to Posts Ratio (last 30 days) 33.40
Threads Started 5523
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Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: some opinions (6/2/1998)
Percentage of Posts Rec'd 58.69 %
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