Jump to content



Photo

ARE YOU SEEING WHAT I’M SEEING?


  • Please log in to reply
41 replies to this topic

#11 Gary Smith

Gary Smith

    Member

  • Traders-Talk User
  • 887 posts

Posted 17 September 2012 - 11:33 AM

Interesting

http://www.washingtonsblog.com/



>>>>Sometimes I wonder if I’m just seeing the world through my pessimistic lens, skewing my point of view.<<<<<

Bingo! Plus if you keeps reading some of his blog it appears he definitely has a political agenda. I guess I see the world through my optimistic lens, skewing my point of view and like the blogger it is based on where I live.

I live in a small Mayberry-type town of 13,000 where farming is a primary industry with some scattered factories, primarily auto related. Everything is humming here. The farmers have never had it so good. The factory workers are working five days a week, 12 hours a day. Some of the factories have to get temps to fill in because they can't find enough workers. My lady friend's daughter-in-law is a finance manager at one of the auto dealerships and both new and used vehicles are selling like hotcakes. A new call center came to town recently and actively recruiting new employees.
If I drive 100 miles north to Louisville or 100 miles south to Nashville the interstate is clogged with cars and commercial vehicles. So much so that there is always road construction from widening the interstate. We have had major construction the past few years building new high schools and middle schools. Just the other day I drove around the town square (you know the type, with the statute of the Confederate soldier) and have never seen it so vibrant and full of people and cars.

Edit: If I lived a 125 miles or so due east I might have a different viewpoint as the coal field communities are in depression mode.

Edited by Gary Smith, 17 September 2012 - 11:40 AM.


#12 CRUISENAL

CRUISENAL

    Member

  • Traders-Talk User
  • 1,135 posts

Posted 17 September 2012 - 12:08 PM

LOL! Maybe they are extreamly OVERVALUED!



Take a trip to Asia... Hong Kong, Shanghai.

$1 Million will buy you an outhouse, that's about all. :lol:

So it's about RELATIVE value,

Faber travels around the World, go see what you get for the price - you won't believe it.

You will swear your property is undervalued.

Land is the hardest most fixed asset of all... Gold they dig out of the ground and it's passed around...

:D



#13 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 17 September 2012 - 12:21 PM

Only way you gonna know is to take that trip ! :D Warning though, when you step off the plane from Shanghai, you might realize exactly who lives in the Third World country now... B)

Edited by SemiBizz, 17 September 2012 - 12:22 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#14 CRUISENAL

CRUISENAL

    Member

  • Traders-Talk User
  • 1,135 posts

Posted 17 September 2012 - 12:32 PM

I need to go to that Chinese city where no one lives to get a job. http://seekingalpha....-s-ghost-cities

Imagine if Chicago was built somewhere else and nobody lived there! How would our government justify that!

But I know what your saying. I just really wonder how it is out in the countryside in China. Do they have it great!




Only way you gonna know is to take that trip !

:D

Warning though, when you step off the plane from Shanghai, you might realize exactly who lives in the Third World country now...

B)



#15 CRUISENAL

CRUISENAL

    Member

  • Traders-Talk User
  • 1,135 posts

Posted 17 September 2012 - 12:34 PM

I thought I also remember hearing about the SMOG during the Olympics being so bad.


Only way you gonna know is to take that trip !

:D

Warning though, when you step off the plane from Shanghai, you might realize exactly who lives in the Third World country now...

B)



#16 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 17 September 2012 - 12:49 PM

And I remember Toxicly Smogged L.A. in the 60s and 70s, when we were launching Men to the Moon...

It will take time to clean it up, they are working on it.


I thought I also remember hearing about the SMOG during the Olympics being so bad.


Only way you gonna know is to take that trip !

:D

Warning though, when you step off the plane from Shanghai, you might realize exactly who lives in the Third World country now...

B)



Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#17 Getting-Smarter

Getting-Smarter

    Member

  • Traders-Talk User
  • 272 posts

Posted 17 September 2012 - 12:53 PM

I was all over China about a year before the olympics. Personally, there was nothing there that would make we want to live there. I have traveled many places and it was a fascinating trip, but the only one I dont have a true desire to return to.

Again, fascinating and very cool in many ways politcally, socially, and history wise.

And I remember Toxicly Smogged L.A. in the 60s and 70s, when we were launching Men to the Moon...

It will take time to clean it up, they are working on it.


I thought I also remember hearing about the SMOG during the Olympics being so bad.


Only way you gonna know is to take that trip !

:D

Warning though, when you step off the plane from Shanghai, you might realize exactly who lives in the Third World country now...

B)




#18 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 9,527 posts

Posted 17 September 2012 - 06:36 PM

There are some countries I would never want to live in, that includes the two most populous nations of China & India where 1/3 of world's humanity lives. The crowds, air pollution, water shortages would drive me nuts. Another set of countries I would never want to live in is Islamic countries because I would be the wrong religion there. I prefer smaller population countries with moderate climates. Coastal Spain & South of France are very nice. If money was no object, I would buy a 2 bed room flat for $2.5 million in Monte-Carlo or city of Nice. The French riviera is exquisite if you are very rich. For people with moderate finances, good old USA is a great place. I am in Seattle now and looking to buy a winter condo in Florida.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#19 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 17 September 2012 - 09:16 PM

Optimism and pessimism are forced state of minds. When you tune your mind for a particular bias, you tend to see the world through that lens, whether it's the reality or not. A realist would see the world as it is, and judge it based on it's merits. Someone who reads ZeroHedge.com with his morning cup of coffee and believes everything there, would only end up seeing the world as a disaster. The same goes with the guy who is walking on a thin sheet of ice in spring and feeling good and optimistic. Be a realist !

Edited by NAV, 17 September 2012 - 09:19 PM.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#20 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 17 September 2012 - 09:26 PM

Warning though, when you step off the plane from Shanghai, you might realize exactly who lives in the Third World country now...


China is so great that nobody wants to live there. Faber lives in Thailand. Jim Rogers lives in Singapore. U.S is so bad that everyone wants to live there. Yogi Berra would love this. :D

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV