2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.98

+1.3%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (41751)	10/23/2008 9:23:08 PM
From: prosperous	1 Recommendation Read Replies (1) of 218103

Man the more I see financial porn in media more appalled I get by how gov is getting it all wrong; -the perceived problem is wrong -the perceived magnitude of the problem is wrong -the proposed solutions are wrong -targeted areas are wrong They are just trying to treat symptoms instead of roots of the problems and proposing solutions after solutions which have been instrumental in causing the problems. They are still worried about housing and trying to help homeowners in foreclosures by refinancing etc ignoring the tsunami of layoffs and hedge fund blow offs that are happening. If people lose their jobs it does not matter at what rates they finance; if the dollar starts getting toasted those who have a job will barely survive (it does not help exports with worldwide recession, the other countries will be more inward looking than buy from US). My suspicion is that the govt, running like a chicken with head cut off, will give that unneeded nudge to the economy into depression. I think the stock markets and homes are toasted and there is not much they can do to salvage it at this point, we will see new lows in not too distant future. At this time, while the jobs are still there, the govt should try to avoid the Tsunami with policy changes: -First admit we are in recession (everyone sees that, the govt sees that and they are using anti-depressionary measures) and work to minimize damage -corporations need to say F*&^ yo to will street lower their forecasts for next year and take hit on the stock so they can operate without fear of wall street pressure for earnings and do the right things, their stocks will be toast no matter what -Govt should provide incentives to corps to bring back jobs into US or create new ones. When other nations realize the economic soup they are in they will do selfish things as well -Individual need to reduce their stock market exposure and stay the course advice that will likely get them 80% down, that liquidity may come in handy if layoffs happen, also learn to ignore pimps touting stocks and advice on CNBC We will see a lot of pain in the stock/housing in next few months and the period will be a "a$$ handing over ceremony" for a lot of investors/participants.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next