Think stocks can’t rise 40% in 2012? Think again

My comments to this fruit cake Michael A. Gayed financial commentator: Original article on Marketwatch. I remember reading your article about how people can cope with +$100 oil quite easily. How wrong you where. I stated that it will cause a recession and here it comes. To your current article, least path of resistance at the moment is down, due to so many reasons. Only more QE will change things but unfortunately that in itself is now self defeating and destructive to the wider economy, reflating assets removes disposable income. USA and many G7 countries thrive on disposable income. No QE now is good for the wider economy but not for stocks in the short term.

Response to: Draghi calls on EU leaders for ‘brave leap’

I find several things laughable about this whole situation. 1. It's expected hard working Germany should agree to funding Greece's hairdressers who retired @50 etc., through bonds or interim solution. 2. Debt is going UP yet they need growth via I guess more debt. Maybe I'm not savvy, I thought debt on debt was bad, I perhaps should of been brought up irresponsibly and could understand this better. I know it good to leverage debt stimulating inflation, however it gives to one and takes from another, which in turn just becomes a quick less effective sugar rush over time. Until you become Japped out. 3. Spains so called collapsing real estate market, where's that then. I don't see particularly cheap property, I see the dreggs of property selling for way more than it should and Ok apartments still £70k+, not something I'd call cheap. Tell us another it keeps me amused......

Response to Mervin Kings Insights on BOE Economic Management

Response to BOE BBC Lecture: King admits failing to ‘shout’ about risk I'm afraid this response isn't good enough. Considering laymen could see the risks with 100-110% mortgages I fail to see why the BOE did not see this as a risk. Never should more than 90% be loaned FULL STOP, otherwise it fosters perceived legalised ponzi schemes. We also had ridiculous American president backed policies to give out mortgages to people who could not afford them. Perception for this was global agreement to foster inflation in property for politicians to capitalise on through property flipping. Such is the corruption riddled in society through bonus culture in top to bottom of organisations (PPI and more(free temporary loans for banks / fixing he books), I fail to see how the BOE or anyone can fix this. You all seem to be in on the show, so the public awaits for the next perceived shafting of the tax payers. I also believe inflation control was and still is abysmal.

UPDATE: After my comments the BOE bows to pressure for probes.

My Note to Boris Johnson

My dear Boris, go back to Transylvania and feed off the people their. The people here have been attacking banks because of THE greatest financial mess in modern history was delivered from in part from London banks. Where CEO's disregarded risk manager warnings, chased large bonuses via illegal mortgage backed securities (authorised by Bush & co to lend to people who could not afford them (yes that was a USA govenrment rule)) banks would of known this! In addition we have Gorden Golden Balls Brown who through a cocktail party arranged for LLoyds TSB to buy the bankrupt Halifax shafting all the shareholders. Not forgetting British tax payers have been shafted with the banks debt indirectly in so many different ways. Your clearly hob-knobbing with the bankers because that's mainly what you do in London, I wouldn't be mistaken for thinking that's why your the Mayor. I think it would be beneficial for Government to control this disparity in thoughts against the wider public as this mess is what's created, in part, the break away movement in Scotland, they want out. In fact maybe London should just be a country all by itself and take all the debt it created.....somewhat like a bad bank, isolated in your own debt cocoon. You can then decalre yourselves bankrupt and have a Iceland / Zimbabwe economy contained to just London. I just come up with that idea.....I kinda like it! I sugest you discuss the idea at your next mayors meeting, it can save the rest of the country from the greed idiots you seem to lookup to.

IMF Rigging the System?

IMF & ECB in fact all central banks are making a mockery of fiat currencies and ultimately the people will start to distrust the value of money in the medium term and assets linked to fiat currencies. At then end of the day the IMF hasn't got a job unless it just sloshes money into anything dead or alive, even if it's senseless. This global fiasco could in this modern day of global connectivity bring an end to a failed capitalist system, with no thanks given to the past politicians and central banks who've constructed the failure of the system. Greece must themselves declare default due to inability to implement the changes, this is being prepared for. It's only America, UK & IMF who want to keep this monster going, everybody else is just under perceived pressure. In business you don't reward failure (apart from banks), the people globally are becoming hissed (as seen below) at this idiocracy, end it now, take the pain (short term), followed by the better longer term gain (as realised by the Germans), not sure whether the German common sense can last....I hope it does. It just shows how they've recovered with greater morals from WWII than America or the UK have in this modern day! I'm British and starting to think I should be a German....How's that happend Mr Bush / Blair / Brown? I feel I live in a world of idiots, why... Central banks should give us 2% growth...not 3%...not 4%.... not 1%..... "2%" AVERAGE! For those in banks who find numbers difficult....to get 2% it may mean 1% one year, 3% the next, 2%..1.8%..2.2%..get it. Then we don't get capital system failures....or it's perceived to be rigged to steal etc. The people as seen through world demonstrations, comments....blogs...are becoming more impatient. Growth must come from a catalyst which is NOT QE. Demand growth will be weak unless commodities fall in price!

Volker Rule can Save Us

Regulators are assesing bankers please. I say: The Volker rule is pure basic common sense, delivering superior safety and significant benefits = stable progressive economy. Any bank trying to get around in any way will be severly fround upon by the public. It's possible that the public may avoid placing savings in banks that are perceived to speculate going forward, the banks walk on a tightrope with this. Any banks embracing the rules may find their capital rations improving significantly giving the said bank significant ability to improve profits via common sense lending. If only the bankers where half the man of Volker we would be in a better state today. What a man and a proud history he's carved out fo himself, people look at Greenspan & current Co and see outright monetary stupidity. When people read the economic history books I know which person I'd prefer to be.....Well done Paul Volker and Obama for being true to delivering down to earth, sensible and honest rules of the road! Most of the planet wants this apart from the minority greedy leeches which we know as #ankers.

Capitalism Is Failing

The Greek situation is like a Walrus fight and a disgrace to 21st century civilization. With outrageous central banks, unrightous politicians (I'm not just talking about the current ones) and weak fiscal global policies are delivering a scene which I hoped we would never see again after early 2000's. But as we've been duped time and time again by all over this past decade, it's no wonder Greek people themselves are rioting along with Arab nations and England, how can a public be so misled by all...was someone yet again thinking of their own pockets to ride a soverign debt / credit wave. It appears the majority of the globe (sheep of society) is being misled by politicians, the Fed and central banks. They're all out of control....it is only the people that can stop this and over time stop this they will. We need a better world run by the people for the people and not the way it is run now. Out with money and in with a skills based society, so we can better manage the planet, it's resources and it's people, capitalism is failing to deliver.