Comments for GibranNicholas.com http://gibrannicholas.com Dialogues with Myself... Fri, 12 Mar 2010 05:59:08 +0000 http://wordpress.com/ hourly 1 Comment on How Much Debt is Too Much? by Shawn Swaney http://gibrannicholas.com/2009/02/11/how-much-debt-is-too-much/#comment-36 Shawn Swaney Fri, 12 Mar 2010 05:59:08 +0000 http://gibrannicholas.com/?p=167#comment-36 Another good post. I posted a plug for your blog at mine. Anyway, I am sure most people forget the points you are discussing. Another good post. I posted a plug for your blog at mine. Anyway, I am sure most people forget the points you are discussing.

]]> Comment on More on Government Debts, Deficits, and Debt Ratios… by Gibran http://gibrannicholas.com/2009/02/12/more-on-government-debts-deficits-and-debt-ratios/#comment-35 Gibran Sun, 01 Nov 2009 23:04:07 +0000 http://gibrannicholas.com/?p=185#comment-35 Hi Wayne! Thanks for your comment - the US Government has the authority to nationalize all the wealth of the United States. In other words, the US Government owns the entire US. Who owns the US Government? We, the people of the United States. It's kind of mind bending because we are not used to thinking of things in those terms; but it is the truth. Our private rights of ownership as citizens of the US would not exist if the United States government did not exist to protect those rights. Now, is it likely that the US would nationalize all the private wealth in our country? Absolutely not. Just as it is unlikely that the US would impose a 100% tax on GDP, it is equally unlikely that the US would impose 100% tax on the private wealth of American companies and individuals. As a sovereign nation, the US has the right to do these things. As a sovereign nation that is run by elected officials, the US is unlikely to do these things. That is why economists gauge the solvency of a sovereign nation like the US in term of debt-to-gdp ratios and measurements like the ones I used in my post. Hi Wayne! Thanks for your comment – the US Government has the authority to nationalize all the wealth of the United States. In other words, the US Government owns the entire US. Who owns the US Government? We, the people of the United States. It’s kind of mind bending because we are not used to thinking of things in those terms; but it is the truth. Our private rights of ownership as citizens of the US would not exist if the United States government did not exist to protect those rights. Now, is it likely that the US would nationalize all the private wealth in our country? Absolutely not. Just as it is unlikely that the US would impose a 100% tax on GDP, it is equally unlikely that the US would impose 100% tax on the private wealth of American companies and individuals. As a sovereign nation, the US has the right to do these things. As a sovereign nation that is run by elected officials, the US is unlikely to do these things. That is why economists gauge the solvency of a sovereign nation like the US in term of debt-to-gdp ratios and measurements like the ones I used in my post.

]]> Comment on More on Government Debts, Deficits, and Debt Ratios… by Wayne Moore http://gibrannicholas.com/2009/02/12/more-on-government-debts-deficits-and-debt-ratios/#comment-34 Wayne Moore Wed, 28 Oct 2009 13:03:20 +0000 http://gibrannicholas.com/?p=185#comment-34 the US country may have $72.6 T, but the US Government does not. Unless of course, the US Government nationalizes the welath of all US households and businesses. What is the loan-to-value ratio for the US government? the US country may have $72.6 T, but the US Government does not. Unless of course, the US Government nationalizes the welath of all US households and businesses. What is the loan-to-value ratio for the US government?

]]> Comment on How Miserable Are You? by Edgar DeJesus http://gibrannicholas.com/2009/03/02/how-miserable-are-you/#comment-27 Edgar DeJesus Mon, 23 Mar 2009 23:56:40 +0000 http://gibrannicholas.com/?p=206#comment-27 Hi Gibran, Perpective is so vitally important, I was recently listening to a conference call on Mortgage Coach and one of the things that was mentioned was, when is this recession going to be over and the fast response by the speaker was when you decide it's over. In 1981 Todd Duncan wore a button that said rumor has it we're in a recession, I'm not participating. This is the type of attitude and belief that everyone needs to have, as we can see Todd is still around 28 years later after going through probably 4 up's and downs in our industry. Thank you for your comittment to sharing the right perspective. Hi Gibran,

Perpective is so vitally important, I was recently listening to a conference call on Mortgage Coach and one of the things that was mentioned was, when is this recession going to be over and the fast response by the speaker was when you decide it’s over. In 1981 Todd Duncan wore a button that said
rumor has it we’re in a recession, I’m not participating.
This is the type of attitude and belief that everyone needs to have, as we can see Todd is still around 28 years later after going through probably 4 up’s and downs in our industry.

Thank you for your comittment to sharing the right perspective.

]]> Comment on How Miserable Are You? by Maria Anderson http://gibrannicholas.com/2009/03/02/how-miserable-are-you/#comment-16 Maria Anderson Thu, 05 Mar 2009 04:42:17 +0000 http://gibrannicholas.com/?p=206#comment-16 Thank you Gibran, you are so right on! I am electing not to participate by listening to all this negative news...the media just loves this. They are fueling the frenzy. I am going to share your chart those whom can benefit and will listen. This too shall pass. Thank you Gibran, you are so right on! I am electing not to participate by listening to all this negative news…the media just loves this. They are fueling the frenzy. I am going to share your chart those whom can benefit and will listen. This too shall pass.

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