Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (959)	9/29/2005 2:35:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 217619

TJ, I love a good panic too. But this is a ridiculously slow-motion panic. Can't we get on with it, blow up derivatives, panic the creditors, force-sell low equity mortgages, crunch house prices, devalue shares sold in lieu of houses, terminate the bulls, halve the bears, and enjoy TeoTwawki. A slow motion panic doesn't feel like a panic and the key element of inability to clear markets is missing. We need a cascading collapse for that to happen and to really have a TeoTwawki. Even if GM shuts ALL their SUV lines and goes out of business altogether, it wouldn't be that big a deal. It used to be true that what was good for GM was good for the USA, but Google pranced ahead of GM in a couple of years in value. GM is an industrial revolution has-been. It's a micro part of the USA economy, unlike the good old days when oil/autos ruled the landscape. Already, people are accustomed to no Twin Towers. The WAT is a jaded effort. Enron is long gone. Globalstar now in rebirth mode. Amazon and the whole Biotelecosmictechdot.com implosion stocks are well cleared out and rebuilt into going concerns with actual income and even profits. Children born in Y2K are starting school. It seems that any crash is going to happen after Uncle Al KBE has moved on and Bernanke is having a go at keeping the whole menagerie running happily. But October is always a fun time in the markets. It would be a fitting send-off for our great and estimable idol to manage the TeoTwawki process, at least into the first crunch stage, though he won't have time to get right through the process. He might yet be in charge during the crunch. Mqurice