(Please excuse any small typos, my 'e' key works about 75% of the time and is dropping)
SO, America's dollar? up
America's credit rating? AA++
well, that's better than most of their inhabitants.
It's in a bit of trouble to say the least. Dow Jones took another hug hit today as did most of the major indexes. It's a great time to short some stocks if you know what you'r doing!
I recently took out some money to start trading on the stock market. well, what I thought was the stock market. You see I have always had a liking of silver and the difference between that and gold is the largest it's been ever. SO what I got into was a futures market that allows you to trade 200:1 ratio with your dollar. so essentially you buy 200x more than the amount you're putting down. I (like the ignorant fool I was) put all my money in the market. I was up at the start (... up $1000 in two minutes?...) It didn't feel like real money. SO i kept it in, went up to make some delicious peanutbutter on toast, came down to see i had roughly 600$ left. I assumed what I owned I would keep, so I knew all of these commodities would rebound after a small drop, and they did... but not before thy sized my assets as I had no remaining cash to back them. (I'm not sure exactly how they can do this) but long story shot, I got kind of screwed. But I'm glad this happened, because to truly understand that fire's hot, you have to get burned by it. Knowledge only becomes wisdom with experience in my opinion.
Today (As I'm writing it) marks the fourth day of London riots. A lot of rioting and looting. A whole lot of energy and violence aimed at nothing... so senseless. You can see what has happened up to now at: http://www.telegraph.co.uk/news/uknews/law-and-order/8689355/London-riots-all-incidents-mapped-in-London-and-around-the-UK.html
Libyan Civil War
You don't really hear much about Libya in the news anymore, since that whole 'people fighting for their freedom' month has passed, and we're back onto newer events. I'd like to give you some perspective on how the country's doing.
Well, it seems that the people are generally rallying behind the rebels and the government is holding on by sheer military control. As you can see from the picture to the left the government controls the central part of the country (mostly desert) as will as a small area around the capital with ongoing fighting for control of Tripoli. Uhh yeah, so looking pretty good for the rebels right now. Hopefully Gadaffi doesn't make a deal with North Korea.