Greenspan: US Borrowing Is Vulnerable to Rate Spike - News and Current Events | futures io social day trading
futures io futures trading


Greenspan: US Borrowing Is Vulnerable to Rate Spike
Updated: Views / Replies:718 / 2
Created: by Quick Summary Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Greenspan: US Borrowing Is Vulnerable to Rate Spike

  #1 (permalink)
Quick Summary
Greenspan: US Borrowing Is Vulnerable to Rate Spike

Perceptions that the US has a large capacity to borrow are misleading and the government could have to pay higher interest rates to finance a growing deficit, Alan Greenspan said in an opinion piece.

More on CNBC...

Reply to share your thoughts on this current event.

 
  #2 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus Futures
Favorite Futures: 6E
 
TheWizard's Avatar
 
Posts: 1,711 since Jun 2009
Thanks: 509 given, 4,072 received

We can't borrow our way out of debt any more than we can dig our way out of a hole by digging deeper. We've been trying that for far too long. The 'trickle down' theory doesn't work either. Grandma was right. Buy only what you need (not what you want). Save. Pay cash. It worked for her & Grandpa and they were never in need of anything. Paid cash for both the houses they lived in. He was a meter reader for Columbia Gas company & she was a home-maker with 2 kids at home. Never financed anything. The government could learn a lesson from Grandma.

After all, it's what you learn AFTER you know it all, that counts!
Reply With Quote
 
  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received



TheWizard View Post
We can't borrow our way out of debt any more than we can dig our way out of a hole by digging deeper. We've been trying that for far too long. The 'trickle down' theory doesn't work either. Grandma was right. Buy only what you need (not what you want). Save. Pay cash. It worked for her & Grandpa and they were never in need of anything. Paid cash for both the houses they lived in. He was a meter reader for Columbia Gas company & she was a home-maker with 2 kids at home. Never financed anything. The government could learn a lesson from Grandma.

I agree. And I think a lot of American's are waking up to this recently, with the hard times people realize all the extra spending they've been doing and are cutting back.

But, the problem is, trying to right the ship in the middle of this hurricane... is not easy. To keep up the sea metaphors, if you turn the ship straight into the oncoming wave it might make things pass faster. That is what they are doing with printing money. But the waves keep coming and coming. Someone needs to take note we're going to run out of gas, and even though it's a lot harder, we should turn the ship around and let the waves carry us to safety (this would represent building an economy on strong fundamentals, not printed money, in my now ever growing sea analogy).

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote

Reply



futures io > > > > Greenspan: US Borrowing Is Vulnerable to Rate Spike

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Bear Market Starting, Stocks Vulnerable: Marc Faber Quick Summary News and Current Events 0 August 2nd, 2011 07:30 AM
What is Greenspan suggesting? rtrade Off-Topic 12 July 9th, 2011 03:17 PM
Fed's Massive Stimulus Had Little Impact: Greenspan Quick Summary News and Current Events 0 June 30th, 2011 08:30 PM
Look Ahead: Rate Spike Breaks The Holiday Week Doldrums Quick Summary News and Current Events 0 December 28th, 2010 10:50 PM
Greenspan: High US Deficits Could Spark Bond Crisis Quick Summary News and Current Events 0 November 14th, 2010 07:40 PM


All times are GMT -4. The time now is 11:07 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.06 seconds with 19 queries on phoenix via your IP 54.226.113.250