It must be awful being a young man in
China these days for the brutal
fact is there are fewer and fewer
young women available to more
and more young men
DG
PS not everything going well in China. I feel a little happy here.

He that can't endure the bad, will not live to see the good
Jewish Proverb

"Why not complain, it's one of the few things you can do in today's world that costs you nothing?"….Last night, Faye and I figured our taxes, and I feel as though I've been working for nothing. The blasted city, country, state and federal government take most of it, and I feel like a slave working for somebody else rather than working for myself.

But then I think, the party's over, and now we've got to pay for it. If only I was the Fed and I could print my way out of my taxes. It's a mad, mad world, and we made it that way. There's only one thesis that serves to show us what's going on. It's the eternal truth -- "FOLLOW the MONEY." Everything in economics boils down to a FLOW OF FUNDS, which is another way of saying, "follow the money."
RRussell

PS the same idea is here,
"The challenge of economics and to journalism is to remind us that motives are less important than actions. People lie about their motives. Look at what they do, not what they say."
Russ Roberts
I guess that is why momentum works so well.,

"Our panel of savvy Wall Street strategists expect stocks to rise 10% next year as an economic expansion takes hold."
Ah well, the wish is often father to the thought. RR
　
PS I liked this link (apparentely its a real life situation with a crew of a movie. The boy is autist, the father is dancing)


http://videos.sapo.ao/D2wOYoIG8j7dgzUHWORR

Funny, I thought we depended on the stock market to tell us what lies ahead. But I guess times have changed. Now Wall Street's "experts" forecast next year's economy, and they tell us that the stock market will advance as it gets in line with their economic forecasts…….. Wait a moment, the "experts" envision an "economic expansion" ahead, and therefore the stock market will rise as it gets in step with the expectations of the experts?

That which has always been accepted by everyone, everywhere, is almost certain to be false. Paul Valery
French critic & poet (1871 - 1945)

All you need in this life is ignorance and confidence; then success is sure.

Mark Twain, Letter to Mrs Foote, Dec. 2, 1887 US humorist, novelist, short story author, & wit (1835 - 1910)

There is nothing more demoralizing than a small but adequate income.
Edmund Wilson
US critic (1895 - 1972)

Nothing succeeds like the appearance of success.
Christopher Lasch

Businesses are producing same GDP as in 2007 with 7.5m fewer workers. That cannot last…" (Economist)

Average 3,3% real GDP growth is needed just to keep the unemployment rate stable. At 2,0% real growth, the jobless rate rises over 1% per year.
Gary Shilling

PS Tomorrow i am going to London to visit HF for the rest of the week. The weather is frezzing but no rain.

Ask, and it shall be given you; Seek, and ye shall find; Knock, and it shall be opened unto you.
Bible, New Testament, Matthew 7:7