How Tze 浩知

2 news concerns me today: A new, more powerful Fed emerges in crisis Central bank is increasingly aggressive in attempting to stabilize economy Retirement account losses near $2 trillion Financial crisis forcing workers to delay their golden years One of my fren put a message on his msn: 9 to 5, work until 95 ? Some extracts from A new, more powerful Fed emerges in crisis : Dusting off Depression-era emergency powers, the Federal Reserve is extending its reach over the economy as never before, pushing the limits of its authority, if not exceeding them. Now the nation's central bank is even becoming a source of loans for companies other than banks. Radical steps by the Fed under chairman Ben Bernanke — all in the name of seeking to halt the panic sweeping financial markets — are turning it into a financial colossus. They're also putting the government deeper in debt and taxpayers further at risk if the various moves fail. Some extract from Retirement account losses near $2 tril...

发现中国的书籍多了 。。。。

Can the bailout work? Fat chance At best, Congress voted to approve a quick fix that's bound to fail in the long run. The recent volatility on Wall Street is virtually unprecedented and is likely to remain so until every trader dies of heart failure or the banking system is recapitalized with pixie dust, whichever comes first. But don't blame Wall Street vacillation for the jumpiness. It should be seen in the context of a decisive, coordinated effort by governments worldwide to manipulate stock markets higher by every means possible without regard to such niceties as fundamentals, the rights of shareholders or the laws of financial gravity. ....... Virtually every respected authority in the world of real capital believes the bailout bill approved by lawmakers won't solve our banks' problems. Yet the nation's political leadership pressed to pass it with the breezy confidence of the captain of the Titanic. ...... the financial bankruptcies we've seen in the past s...

“If you are selling a product that really doesn’t provide much value (even, though, you make some nice profit selling it) then you are NOT making someone’s life better. And, ultimately, your business will lose you just don’t realize it yet. If you are selling some program or money making system that doesn’t really work or only 1 out of 1,000 people (if they’re lucky) make money with it then you are NOT making someone’s life better. If you are sending out emails to your list that are mainly just promotions for other products then you are NOT making someone’s life better. If you’re too focused on making YOUR life better with the money you will make from your business, the odds are good that you aren’t making people’s lives better with what you do. And the ironic part is, this will keep you from making a lot of money. Your business must be built around truly making people’s lives better or you are, ultimately, doomed to fail online. Write that down. NOW.” - John Reese

You'll never win the game if you don't know the rules of the game you are playing / being played. How the Fractional Reserve Banking "Money Multiplier" Works Under a 5% "Fractional Reserve" requirement, most banks can loan out twenty times the amount of their actual capitalisation . This amounts to money that is not theirs. For argument's sake, let's just say that you go to your bank with a $5,000 deposit. All the rest of your money has gone out in taxes, and you want to buy a $105,000 house. The bank asks you for the property title (mortgage) and your personal guarantee to secure the deal. The bank uses these instruments and your $5,000 deposit as security in order to borrow the extra $100,000 either from the central bank or offshore bankers. The bank pays the old house owner $105,000, which consists of $100,000 borrowed by the bank (see below), and the $5,000 you deposited with the bank. You move into your new house. Over the course of the next yea...

金鱼缸是用来养金鱼的。 如果要养一支鲨鱼，用金鱼缸是不可能的： 怎么进去 ？ 鲨鱼的体积与活动度，只有大海才容纳得下。

This interesting story, told by Leonard Merrick, is written in simple, beautiful English. I hope you would like it. Two strangers meet in a café. Outside, a hurdy-gurdy is playing an old-time popular song. A tear trickles down the face of one of the two strangers. "What's the trouble? Sad memories?" "Yes." "Do you mind telling me about it?" "Not at all . . . Many years ago I met a beautiful young lady at this very same café. And on that occasion, we heard this very same song . . . I fell in love with the lady . . . And now, whenever I hear this song, my heart is oppressed with sorrow, and the tears come to my eyes." "Poor fellow, so she jilted you." "No, my friend, she married me."