[Marxism] Overproduction - underconsumption

Marv Gandall marvgandall at videotron.ca
Wed Oct 14 09:42:00 MDT 2009


I don't give investment advice either, but, um, maybe lighten up on those 
Treasuries.

----- Original Message ----- 
From: "S. Artesian" <sartesian at earthlink.net>
To: "Marv Gandall" <marvgandall at videotron.ca>
Sent: Wednesday, October 14, 2009 11:12 AM
Subject: Re: [Marxism] Overproduction - underconsumption


>I never give investment advice. Remember, the markets are fundamentally
> irrational.
>
> My advice to myself , which I did follow as a matter of fact, was to get 
> out
> of stocks in 2000, and then get out of everything in 2007 except US 
> Treasury
> instruments.  The reasoning behind both those decisions?
> Overproduction/rate of profit [which on careful analysis become the same
> thing]. And that, comrade, is why I was able to retire from the railroad
> early.
>
> ----- Original Message ----- 
> From: "Marv Gandall" <marvgandall at videotron.ca>
> To: "David Schanoes" <sartesian at earthlink.net>
> Sent: Wednesday, October 14, 2009 10:46 AM
> Subject: Re: [Marxism] Overproduction - underconsumption
>
>
>> Artesian writes:
>>
>> ...so I wouldn't
>>> rush out and buy shares in Baosteel based on the WSA article, know what 
>>> I
>>> mean?
>> ==================================
>> Jeez, Artesian, anyone following your investment advice would have been
>> short China and long the US market since 2000, and we know where they'd 
>> be
>> now - where you would be if you followed your own forecasts: looking for 
>> a
>> job as a Walmart greeter or back on the railroad. :)
>
>
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