My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I adhere to the philosophy of trend following.
Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets me apart from other traders is that I am not only concerned about the return on investment but how much risk I will have to tolerate to achieve my goals.
If you are interested investing with Andrew Abraham via my managed accounts please come to Abrahamcta.com.
The Mother of All Bailouts For Our Economic Crisis
Maybe it is me but will all these huge numbers…a billion dollars here…a trillion dollars there.. my head was starting to hurt. I do not think I am alone with these worries… except for an ostrich with it’s head in the sand. I would believe that most people would agree they have a hard time comprehending the actual numbers involved. As always the curious one and always researching I wanted to really see if I was over reacting to these huge sums of money being placed around and the current economic crisis. I needed some way to put this into proper historical perspective. There have been numerous bail outs (bail out) throughout histories various economic crisis. Now the lender of last resorts seems to be the IMF.The financial crisis or Economic Crisis whichever you want to use is of epic proportion. The current cost of the bail out now exceeds $4.6165 trillion dollars. Put it simply this financial crisis or Economic Crisis (bail out) is now the largest expenditure EVER In American history.
Jim Bianco of Bianco Research crunched the inflation adjusted numbers. The bailout has cost more than all of these big budget government expenditures ג€“ combined: More interesting, was the speed at which the money was (printed) spent.
ג€¢ Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion
ג€¢ Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion
ג€¢ Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion
ג€¢ S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion
ג€¢ Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion
ג€¢ The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)
ג€¢ Invasion of Iraq: Cost: $551b, Inflation Adjusted Cost: $597 billion
ג€¢ Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion
ג€¢ NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion
TOTAL: $3.92 trillion
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data courtesy of Bianco Research
Any way you add it up…or calculate it, we are talking about should even get an Ostrich upset. How can Inflation not be on the Horizon?
What do you think?
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