tag:blogger.com,1999:blog-7875069982976812251.post5450755067294957715..comments2023-10-17T04:51:08.765-10:00Comments on KauaiEclectic: Musings: What's the Truth?Joan Conrowhttp://www.blogger.com/profile/00172330100788007499noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7875069982976812251.post-86141324162775266952009-10-30T08:11:35.023-10:002009-10-30T08:11:35.023-10:00"Past performance is no guarantee of future r..."Past performance is no guarantee of future results".<br /><br />I like my motto regarding the market better:<br /><br />"If you can't afford to lose, you can't afford to play."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7875069982976812251.post-81788964683851211062009-10-30T08:00:49.798-10:002009-10-30T08:00:49.798-10:00It's true. The stock and bond markets as predi...It's true. The stock and bond markets as predictors of future economic values routinely outperform the prognostications of economists.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7875069982976812251.post-54089590884093289562009-10-29T22:37:29.733-10:002009-10-29T22:37:29.733-10:00Economists should be believed only as far as they ...Economists should be believed only as far as they base their "predictions" on past patterns of the data. Economists, by discipline, do not make predictions because in their complex formulae, they institute the "X" factor, which is the subjective nature of the consumers themselves. The best predictor, unfortunately, is still the day traders on Wall St.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7875069982976812251.post-77976419118570840932009-10-29T13:11:05.951-10:002009-10-29T13:11:05.951-10:00"the debt service that Island hotels are faci..."the debt service that Island hotels are facing. The nationwide average, he said, is $6,000 to $10,000 per room, while in Hawaii, it's $25,000 per room."<br /><br />-- wow. now that is relevant local info. wonder what it is in US tourist destinations, like vegas or FL. that 25k seems like a really grim number<br /><br /><br />"the largest military spending bill of its kind"<br /><br />-- could be much better explained. we've spent a good bit more relative to gdp in wartime in the past. but current pain is now hid from the public -- not many deaths, no higher taxes, no rationing..its misleading<br /><br />you can only have guns AND butter for so long<br /><br /><br />dwpsAnonymousnoreply@blogger.com