After crying in a filthy alley for two hours, “The Fly,” thanks to his rancid portfolio of bedeviled inverse ETF’s, packed his bags and went to Romania, yet again.
There is nothing left for me to do in America. The recession is over and the bull market is back.
Like losing at a racetrack, “The Fly” lost countless millions in “bets gone wrong,” as the banking sector healed itself overnight and dumb people started buying 2nd and 3rd homes again.
All of a sudden, the dollar is King and the yen is its bitch again. As for the euro: never heard of it.
If you are worried about the strong dollar hurting exports, you are just a worry wart. Our corporations will quickly adjust and shift manufacturing away from the “expensive” factories in China to small “cheap” villages in Africa.
Finally, the whole paradigm has shifted, whereas commodities were once stable investments; they are now subprime banks. And, as you know by looking at [[SKF]] , banks are now farms, where money is grown, harvested then sent to China.Comments »