so quiet.
so quiet.
is your sleep cycle all whack again?Sorry, I was in the shower. But I'm back now.
I have a feeling I will be awake at least until maintenance.
is your sleep cycle all whack again?
Oh yeah. I'm on the 12pm-4am awake cycle now.
Sounds like pretty sweet prep for summer.
Have you figured out if you are doing your vacation yet?
hah yea i agree; gunners are douchebags. Don't think drizz is a douche at all 🙂 I say s/he's a gunner in a chidingly joking way. Few people on 2014ers are actual gunners. Most are (as dingy pointed out) nerds. Actually we are geeks. Nerds are nerdy - geeks are actually smart and get stuff done and are awesome.
same, i think people just exaggerate. Ive heard of only one true gunner from someone i volunteered with. This guy and his friends left on some vacation like 2 weeks before finals, when they got back, this girl (gunner) who was their friend at the time volunteered to teach them all the information. She actually ended up teaching them all the wrong info and they all failed, the teacher even wrote like wtf on their paper and asked them if they read the right book...lol.I still have not met a true gunner. Some intense students (study all day ect) yes, but malicious no.
You are so wrong.![]()
Phone call with the dean today.![]()
Also, my chest and back hurt so good this morning. Plyometrics today. My brother suggested that I not eat within 2 hours of doing the workout or I'd probably throw up. Joy.
Also, my chest and back hurt so good this morning. Plyometrics today. My brother suggested that I not eat within 2 hours of doing the workout or I'd probably throw up. Joy.
It took the Dow Jones Industrial Average 62 long, grinding years to close above 582.69 for the first time. On Thursday, the Dow plunged by 582.69 points in less than 420 seconds.
The market's terrifying drop was more than a technical trading glitch. It was a warning that the U.S. economy is playing a dangerous game. After all the massive bailouts, the federal debt is exploding.
Overall U.S. government debt now stands at 92.6% of projected 2010 gross domestic product, according to the International Monetary Fund.
Christophe Vorlett![]()
The U.S. now has a heavier debt burden than several of the overleveraged countries that have been branded with the scornful nickname "the PIIGS." Portugal's debt, according to the IMF, is 85.9% of its GDP; Ireland's, 78.8%; Italy, 118.6%; Greece, 124.1%; Spain, 66.9%. Perhaps there should be a new acronym, with the U.S. added to Portugal, Ireland, Italy, Greece and Spain: "PIG IS U.S."
But joining this club is no joke. Economists Carmen Reinhart and Kenneth Rogoff, authors of "This Time Is Different: Eight Centuries of Financial Folly," have shown that a rise in government debt above 90% is associated with a decline in economic growth of roughly one percentage point per year.
Yes, in recent months, there's been a lot of bullish talk about how the American balance sheet has been cleaned up. Total consumer debts, according to the Federal Reserve, have dropped by $160 billion since the third quarter of 2008, while total business debt is down by more than $150 billion. And banks and other financial institutions owe $1.4 trillion less than they did in late 2008.
Those debts haven't disappeared. They have merely been shifted onto the books of the federal governmentin what may be the highest-stakes shell game ever. On Sept. 30, 2008, total U.S. public debt stood at $5.8 trillion. By the end of 2009, it had surpassed $7.8 trillion. So far this year, it has swollen by an additional 8%; total U.S. public debt outstanding now exceeds $8.4 trillion.
There's no sign of a slowdown in debt growth. "These processes are not linear," warns Prof. Reinhart. "You can increase debt for a while and nothing happens. Then you hit the wall, andbang!what seem to be minor shocks that the markets would shrug off in other circumstances suddenly become big." The results can unfold in a cascade of what Prof. Reinhart has called "the deadly Ds": downturns, deficits, more debt, downgrades, even default.
The U.S. has advantages many of the PIIGS lack. Our economy is far more diversified, and the Treasury finances much of its debt domestically, making us less vulnerable to the whims of foreign investors.
But, adds Prof. Reinhart, "we cannot take for granted that these things happen only in places like Greece but can't happen here. If you flood the markets with more and more debt, its value is going to go down. We are silly to fool ourselves into believing otherwise."
And, of course, just as companies with too much debt are more vulnerable to any outside shock, so are countries. In 1989, the great investor Sir John Templeton told me something that has rung in my ears ever since, this week more than ever: "Those who spend too much will eventually be owned by those who are thrifty."
What, then, should you do to protect yourself? Because of the debt buildup, the risks of an economic slowdown and a recurrence of inflation down the road are very real. But in my view, the obvious toolsgold and other commodities, emerging-markets stocks, inflation-protected bondsare already so popular that they are likely overpriced.
If you are aggressive, you might start looking at European stocks. The MSCI EMU index, which tracks major companies in the "euro zone," has lost an annual average of 19% over the past three years. Major companies like Nestlé, Philips and Unilever are getting cheaper by the day, especially compared with their U.S. peers. There's no rush; you shouldn't imagine you can buy at the exact bottom.
If you just want to fortify your portfolio, wait for an economic slowdown, when the people who have been barging into gold and commodities, emerging markets and inflation-protected bonds will come stampeding back out of them. Then you can buy at lower prices that will afford you some real protection. For most investors, at least for the time being, the best thing to do is wring your hands while sitting on them.
http://online.wsj.com/article/SB10001424052748704292004575230601932486166.html
double yawnYawn
double yawn
That's just scary Yoda.
morning y'all!!!
all y'all have me thinking of getting a protein shake for lunch -- I wasn't paying attention when I packed my lunch this morning and put in carrots, an orange, and peanuts. Combine that with the cereal I had for breffast (out of eggs 🙁 ), and my day is at 62% carbs 🙂eek🙂, 29% fat, and 9% protein....I usually have those protein and carb numbers switched....
totally going to have a sugar crash around 1pm.....oops
Sadly true.News Corp. makes money when you're scared. It's science.
sounds like someone's got a case of the Mondays!*hits head on desk*
Huh? *drools* I'm just finishing up those TPS Reports.
Slow moving Monday so far.
You usually eat 62% protein and 9% carbs!?!
sounds like someone's got a case of the Mondays!
I usually go 50% protein, 30% fat, and 20% carbs. I have PCOS, which oftentimes leads to insulin resistance and diabetes in women. I try to keep it to 100 carbs or fewer per day.
I gotchu 😎Every time I lol at my desk, I can't help but think someone in the office must realize I'm not working... But it was worth it. Thanks Bender 😀
So after a week of doing nothing, I am officially bored as hell. I'm torn between really wanting the summer to go by quickly, and really wanting to be bored forever...
Blue, have you been doing nothing? Didn't you graduate early? How do you entertain yourself?
I've traveled a little in Asia and have a little part-time job and a volunteering thing, but other than that pretty much wasting my life.
Just playing video games, watching movies, working out at the gym, eating food, sleeping, and being super bored.
yeah i'm looking for volunteering things but it's hard when (1) i'm only here until august 12th, and (2) i'm not available from june 17-july 6th. i need to get better at being slovenly.
yeah i'm looking for volunteering things but it's hard when (1) i'm only here until august 12th, and (2) i'm not available from june 17-july 6th. i need to get better at being slovenly.