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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (41751)10/23/2008 8:19:52 PM
From: Box-By-The-Riviera™  Respond to of 218083
 
i know they are a beloved read in some circles.. but sorry.. that snoozed me to no end. they've snoozed me for the last year at least.

these guys need to get out more, get drunk, spend a nite in the tank and get with the program.

frankly... their controlled mind thought is totally out of place.

you can tell them i said that LOL.

and you know what i mean.



To: TobagoJack who wrote (41751)10/23/2008 9:23:08 PM
From: prosperous1 Recommendation  Read Replies (1) | Respond to of 218083
 
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.



To: TobagoJack who wrote (41751)10/24/2008 1:43:33 AM
From: elmatador  Respond to of 218083
 
One generation passing the baton to another. One set of circumstances died out. Another is replacing. Another day is dawning.

This is tectonics plate shift. Some turbulence is to be expected.
In is this time two things habe always hapened.

The man with brain raised and stood up.
The violent man raised and stood up.
Boht supported by the high level moolah

Thus resulting in old money sruvival to fight another day, which will create new moolah and so it always have gone.



To: TobagoJack who wrote (41751)10/24/2008 3:35:26 AM
From: Haim R. Branisteanu3 Recommendations  Read Replies (3) | Respond to of 218083
 
do not believe this one, even one bit

>>> It also reflects the dramatic decline in the US current account deficit that is coming as American consumers turn from spenders to savers.<<<

The US is so much in debt that nothing except a substantial devaluation of the USD v everything else including savings will enable to pay of debts

Unemployment will rise to 9 or 10% by summer due to the high USD and world wide recession - US debt is over 10 trillion plus 3 to 4 trillion in mortgages of Fanny and Freddy totaling 110% to 115% of GDP not in recession add to that other bailouts etc, and even a 50% reduction on trade deficit - how in heaven will the US pay down the debt in the foreseeable future at present USD levels and diminished exports

ALL this USD rally is complete hysteria IMHO and hurts the US economy very badly



To: TobagoJack who wrote (41751)10/24/2008 6:42:29 AM
From: Rolla Coasta  Read Replies (1) | Respond to of 218083
 
TJ, I am surprised how fast Hang Seng crash into 12,000 territory. Maybe even lower ... The crowd for rioting seems to get larger and larger to favor real estate ruin.



To: TobagoJack who wrote (41751)10/24/2008 3:40:27 PM
From: prosperous  Read Replies (1) | Respond to of 218083
 
The addict wants more morphine; looks like a depression, walks like a depression, quacks like a depressions; will squeal like a depression; WTF its is a f&$*&(! depression, but don't tell anyone :-). If this ZIRP did not work for Japan and even lately for us why do we think it will work in future? or do we just need to show some busy mindless action? The admin should be ready to take ultimate Egg on their face when this fails.

On Monday, Bernanke pushed Congress to consider a new stimulus plan to spur the economy.

"Everyone at the Fed has pretty much told you they're going to cut," said Rich Yamarone, director of economic research at Argus Research. "They're in a kitchen sink mode right now. Rate cuts, fiscal stimulus, bailouts - they're throwing everything they can at this right now."
biz.yahoo.com