On Wed, 1 Apr 2020 14:30:43 -0400, "Mr. Luddite"
wrote:

On 4/1/2020 1:01 PM, wrote:
On Wed, 1 Apr 2020 07:38:29 -0400, "Mr. Luddite"
wrote:

On 4/1/2020 7:26 AM, John wrote:
On Tue, 31 Mar 2020 23:47:11 -0400, wrote:

On Tue, 31 Mar 2020 20:56:35 -0400, John wrote:
And you predicted all this a month ago?

I'm sorry. 2 weeks and 4 days ago


On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote:

Adorable Deplorable wrote:
On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote:

Adorable Deplorable Wrote in message:
On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free!
A 50% loss would result in the need to make a 100% gain to break
even, if you bought back the same stock at what you sold it for.
If the stock declined another 50% you could buy twice the amount
you sold but you'd still need a 100% gain to break
even.

If the stock rose 50% after you sold it would cost you 25% more to
buy it back. If the stock regained its original value it would
cost you twice as much as you sold it for, to buy it
back.

Numbers dont lie.
I suppose that means to hang on to it?
--

Freedom Isn't Free!

And buy more!

snip stock thing

If they are really serious that we are going to hit stop on the
economic engine until they declare the virus is contained, the economy
might not start when we hit go.
The debt bomb we are all dreading may have gone off by then and we
will be in worse shape than 2008-9 with the central banks failing not
just AIG and Lehman.
I understand that is probably not going to happen but it isn't as
unrealistic as some of the predictions I am hearing about this virus.

Another dire prediction? When, and if, this is all over, you will undoubtedly
win the prize for the most dire predictions!


Greg, just a thought:

China is America's biggest creditor by far.
Is China going to call the note?

And even if they did, what if the USA just said, "**** you"?

Is China going to turn it over to a collection agency? :-)




Actually China has backed away from US paper and they are not the
biggest holder, Japan is.

I think may have changed back to China again. it's neck and neck.
Both were very close to each other last fall (August of 2019).

Japan held 1.12 trillion
China held 1.11 trillion

source:

https://www.scmp.com/business/companies/article/3023034/japan-overtakes-china-biggest-creditor-us-japans-june-treasuries

According to this chart though, (fiscal 2018) China and Japan pale by
comparison when one looks at the whole creditor list:

#1 - US Individuals and Institutions at 38.8%
#2 - US Social Security Trust Fund at 13%
#3 - US Federal Reserve at 12.5%
#4 - China and Hong Kong at 5.7%
#5 - Japan at 5.4%
#6 - US Civil Servant Retirement Fund at 4.3%
#7 - US Military Retirement Fund at 3.5%
#8 - Belgium, Ireland and Luxembourg at 3.2%
#9 - Brazil at 1.5%
#10 - United Kingdom at 1.3%

#11 - All other Foreign Nations at 12%

Link:

https://blog.independent.org/2019/09/03/who-are-the-u-s-governments-biggest-creditors/

2, 3, 6 & 7 is just a bookkeeping trick, the US government calling a
debt an asset.
When you owned your business, could you spend a million bucks, put an
IOU in your safe for a million and tell the bank you had a million in
reserves, then write more checks on it saying you were paying yourself
an unrealistic interest?