Posted on 08/23/2009 5:47:56 AM PDT by FromLori
Video at site
Global stock markets could crash in October as the much hoped-for economic recovery fails to materialize, Enzio von Pfeil, CEO of EconomicClock.com, told CNBC. Anko Beldsnijder from MainFirst Bank disagreed.
(Excerpt) Read more at cnbc.com ...
Sure 82 banks have been bankrupted this year, Medicaid is broke, Medicare is broke, Social Security is broke, the Post Office continues to bleed money, the Porkulus bill was a fraud payoff to DemonRat operatives i.e., unions, dem controlled states etc. and was financed with printed money, the Deficit has ballooned to 10 Trillion, China owns most the USA and may foreclose any moment, Obama owes car dealers a billion bucks and can't pay off, he wants to add 47 million illegal aliens and lazy bastards to a gov't run healthcare program designed to secure Dem control forever and put as many elderly to death as he can while putting our children into debt for the next 500 years!
Why would you say such a thing?
I’ve often suspected that cold is the mother of western civilization and maybe higher IQ’s too. .......
Cold winters w snow are the toughest. Plant sources for food die off. If you don’t prepare you die, your tribe dies
The challenge to survive is what increases brain size and intellect in my book at least. Surviving a desert climate can be difficult (you can starve) and same for dry seasons (you can starve) in the tropics. I would love to see how this shapes peoples brains
But It is too politically charged for university scientists to investigate
They already did. It's called "stimulus", and its a bowel burger au jus!
The “current recovery” doesn’t exist in the first place. Car sales may be up but that is because of the fools rushing out to get “free” money, in the long run it can only make the situation worse. Housing sales are up because of the “free” money, this will help nothing, in the long run it wil make things worse. Unemployment is supposed to have dropped while at the same time many more people lost their jobs and the total number of employed people took a large drop. Give me a break, please! If John McCain were in office would we be hearing anything about a recovery? This is pure propaganda of the worst sort.
Thanks for the link..........
I don’t have a problem with the shorter term instruments. It’s the timing gimmicks that need to be reined in.
I am especially hostile to the deal where brokers use other people’s money to make timing transactions then keep the money they made.
I guess he'll be a billionare in November then, since he seems to know for certain what is happening with the market, so he should be able to mortgage the farm on put options.
It's not always October. For instance it's currently August!
\DRUM-SYMBOL CRASH
Truth: I haven't a clue...
Your welcome check this out
http://www.economicpolicyjournal.com/2009/08/clueless-wall-street-journal.html
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