Politics and Religion

bear market rally week or have we put in a bottom?
NeedleDicktheBugFucker 22 Reviews 3878 reads
posted

sure does'nt feel like a bottom.

ratio is at 135 percent. US government public sector debt + fannie mae+ Freddie mac debt (20 trillion dollars )vs US  GDP of 14.8 trillion dollars. This indebtness is too large and is too long to mean anything in the short-term i.e. one week intervals. This indebtness will result in asset values collapsing, economic activity contracting, more business closures and higher unemployment rates. With higher unemployment raTES and further economic uncertainity do you really think we have hit bottom?

Combine the US indebtness along with the EURos i.e. P.I.G.S. and the forecast is not pleasant. Japan has problems too with debt. We in a great deleveraging and we have the most incompetent political leaders to deal with the dilemna. The economy will be so bad next year, even Sarah Palin can beat Pres. Obama.

I'm developing my financial roadmap and it does not include the stock market. Too risky for me. I do not even see US treasury bonds as a safe haven. See what Apple, Cisco are doing, they are saving money and reducing costs. That is what I am doing. I know properties I love to buy, but I will wait when the owners need to sell. Most people are hanging by thread. Bad news for some, good news for me. Ill let Priapus, inicky and willywonka keep on drinking the kool-aid.

St. Croix1357 reads

For the uninformed, that's PAC-10 talk. Shit, PAC-12 next month. I think mr.notrouble was looking for a yes or no answer, not some apocalyptic answer.

Mr.notrouble, want to know if this is a bottom? Call Queenbee69me. Schedule an appt NOW. Have her sit on your face. If it's the bottom you're looking for, then go all in (lol). Let me know if that bottom is worth it.

Honestly, I have no fucking clue if this is the bottom. Shit, the Dow dropped from 14,200 to 6500 in 2008/09. This is nothing. Last week was a day traders heaven.

in an Apocalypse one can find opportunities. There is great delveraging occurring and well I do not think we have it bottom. Now again, is the bottom referring to the stock market I say no, we haven't. Will commodity prices hit bottom. Though I am not expert in agricultural economics I do think prices will go up. I predicted a dire warning for the stock market, but it won't be the end of the world. You just have to know the road ahead. Look on the bright side. There will be bargains. I'm kinda looking foward to the coming year.





-- Modified on 8/14/2011 10:28:02 PM

I think she's got a fine bottom. Hey, anytime a chick is gonna threaten to fuck me to death, I'm signin up!

I think we rallies will be short lived. Big $ wants to get out at higher levels so it'll get pushed up. I think the run up was QE driven plus aticipation of growth. With all the downward revisons of GDP it'll have the oposite effect.

Can I hear an amen re:08-09? All i trade is QQQ and when it triple topped and sold down hard it was deja vu all over again.

And this time, it's not just Willy talking. I've been saying for a while now, that our problem is too much supply and not enough demand. And it looks like somebody agrees with me.

This mess will not be solved until we raise taxes on producers and raise worker's wages.

St. Croix1302 reads

I don't like his name. I don't like the way he looks. I don't like the way he talks. Somebody should ship his stupid ass back to Iran. He said the DOW was going to 3000 back in early 2009. That's what I love about economists. All they have to do is get 1 in 100 right to be fucking famous.

Guess what willy. You go get Roubini, Krugman (that little pussy), Baker, Schiff, and I'll get my 4 economists. Then all we will have is a  Mexican standoff, which means I get to kick your ass (lol) after 5 shots of Hornitos Tequila.




-- Modified on 8/14/2011 7:44:15 PM

Saint, I think it'll come as a surprise to anyone that you've declared Peter Schiff a progressive economist.

Why would you want to kick my ass? I'm such a nice guy! :) Put down the tequila. How about I bring you some of my homebrew blueberry liquor, and we sing the Mexican hat dance instead? :)

St. Croix1467 reads

I know he is not a Progressive economist. So throw his stupid ass out. I really really really despise Krugman and Roubini. I can actually tolerate Baker.

I ain't drinking no moonshine. Granted you may not live in the backwoods of West Virginia and play the banjo, but I have a feeling your shit is laced with something. No thanks, I'll stick to Tequila, but thanks for the offer (lol)

The last batch of blueberry liquor I made tasted like fucking candy. It's really easy to make. Crush some organic blueberries, throw in a whole clove or two, pour in some liquor of your choice (vodka seems to work best, but a light rum works well too), a little lemon zest, and mix it in with a simple syrup, close that shit up nice and tight in a mason jar, and let it sit in your coat closet for about a year, and you've got something golden. I just got done bottling 2 gallons of white grape/peach wine (all organic, no sulfides) and will be making some blackberry tomorrow night. :) I don't believe in lacing anything. Not even my brownies. It makes them taste like bong water, lol.

I actually have to agree with you here. Krugman does annoy me from time to time, but Baker is the man, as far as I'm concerned.


-- Modified on 8/15/2011 12:02:25 AM

In fact, you are a "nice guy" who believes shopkeepers are oppressers, all businessmen are fascist thieves and all workers have the right to vandalize the businesses that provide their salaries.  So go dance your Mexican hat dance somewhere else.  Nobody needs to kick your ass; reality has already been doing that.

I think the key disconnect with willy and the other residents of wonkaland is their inability to differentiate between the economic value of a dollar earned vs a dollar given.

it shows when you hear them say that unemplyement checks are the best stimulus program out there.

how in the fuck do you overcome that?

because because they all say one hand you have this on the other hand you have this, What I waNT is an one armed economist." paraphase oc course.

I tell you one thing I'm sure glad I have not listened to these so called economists on TV. I be poor and in debt. Krugman, now him and Bernake piss me off.

And since when did you become a stock market maven?  You're all caught up in your own underwear trading mythical stocks on this board.  Besides, your solution is pathetic.  We need to confiscate all private assets and pay workers to do nothing.  It will be a paradise for all.  Just like in the USSR.  The workers motto there was, "They pretend to pay us, and we pretend to work."  Just like Willy!

I knew it would only be a matter of time before you were completely fed up with Willy's shit. lmao

Is this a talking point?  I know you're smarter than this.  It's not capitalism that is failing, it's the "tinkering" with free enterprise by politicians all using their legislative power to provide exceptions and handouts to their preceived constituents that is failing.  Get rid of government intervention that plays the good ole boy syndrom and you'll restore the economic engine.

is the future.  Thanks Mr. Berra

Posted By: mr.notrouble
sure does'nt feel like a bottom.  

Register Now!