Posted on 06/15/2009 8:48:16 AM PDT by SeekAndFind
I am not going to be a fool and invest my money in the market. There is no way we can have a better economy under socialism, trillions of dollars in wasted money, incoming massive tax cuts, and inflation.
to rosy an article.
Inflation has not hit yet, and it will. That will change everything.
No matter how bad anyone says it will be, it will be a ZILLION TIMES WORSE!!!!!!1!11!!!1!
I see 108% unemployment, and the complete destruction of all matter and energy in the universe.
Then, come the Laser-Wearing Radioactive Robot Cowboy Zombies wot wear JETPACKS.
And then things get tough.
You’ll only wish you were IN the market at this bottom....IF....the tide turns to Conservatives in 2010....and turns BIGTIME!
What massive tax cuts? Or did you mean "hikes?"
Golly, he’s so optimistic.
But wait... let’s see what an actual member of the NBER Business Cycle Dating Committee has to say on the subject:
Oh. Looks like June 2009 might not yet be the turning point.
My mistake, I meant tax increases :)
Hahaha this guy should work for the government, he doesn’t have a clue.
I was about to say, you didn’t but into the Obummerhetoric didja???
“I now think this rally will get to 1060 around July 10.”
BS. Squared.
You’re just being an alarmist.
Yep, especially since if the selling we’re seeing this morning carries through, we’re going to retrace quite a bit of this rally.
The market action through all of last week is typical of the end of large moves - very sloppy intra-day moves that end up resulting in almost no change in the closing values of the market.
“UBER-100000%-KILLERRABBIT-DEPRESSION!!!!!!11!!!!”
LOL... always have to watch out for thos killer rabbits!
Pie in the sky nonsense. 70% of our GDP is consumer spending, which was largely propped up by people living beyond their means. People were spending ‘equity’ from their inflated home values that they no longer have. Now that the bubble has burst, they are left only with the debt they incurred during the boom.
That state of affairs cannot and will not return. People don’t have the capacity to spend that kind of money, thus consumption will not return to its previous levels.
It would be far better if the ‘experts’ would just deal with reality instead of trying to game everyone into thinking that everything is alright. Jive talk isn’t going to change this situation.
“UBER-100000%-KILLERRABBIT-DEPRESSION!!!!!!11!!!!”
LOL... always have to watch out for those killer rabbits!
Ain't them the ones that shoots killer bees out there mouths when they smile?
... also have to watch out for those killer double-posts!
The Recession is over
Good. I thought it would be over around June 2010, but I guess a year earlier is better...lol. Yes I really wish it was over.
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