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  1. C

    In the year 2020...

    Cute. I was a little more inspired if anything by this: https://www.youtube.com/watch?v=8z3R8Kodagk
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    In the year 2020...

    It's funny you mention spime. I used to be a big fan of Sterling's work. Smart dude.
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    In the year 2020...

    The richest man in the world is now a high school dropout. Changes that occurred in 2013 with the passage of the JOBS act; continued loss of confidence in public stock markets through corruption and accounting fraud; and, an ease of rules on how one can invest retirement accounts in the...
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    In the year 2020...

    I agree. LMAO when I read his post. But I think like my post while it was somewhat tongue-in-cheek, there's a part of me that thinks it could be totally on the mark. Is it worthwhile to entertain these ideas even if it just fuels your imagination and doesn't lead to immediate monetization - how...
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    In the year 2020...

    Btw...from today's NY Post: http://www.nypost.com/p/news/international/faces_more_hiding_help_plain_sight_85g4x4Hg2ymAKnhyJ5tFuN
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    In the year 2020...

    There's so much INTELLECTUAL LAZINESS on this board now. I don't blame most people. I think it's an accurate reflection of contemporary society in America these days. I'm so sick of it though. ET, Stocktwits, most blogs just focused on what the next 5 minute bar will look like for a stock...
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    In the year 2020...

    Many companies no longer need to release quarterly earnings reports. Traders are now able to analyze a company's earnings in real time. They have attached algorithms to google earth live to map and analyze shoppers traffic going in and out of retail locations. These algorithms also have...
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    US ponzi scheme - growth problems

    I think we're already 18 months into your worldview and it's definitely going inflation first as benny wanted - the stock market has risen 70% oil is up over 100% etc. If asia pulls, and i don't think they will for a while unless the ponzi gets MUCH worse - then i think we'll actually see...
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    US ponzi scheme - growth problems

    cdntrader in another thread linked to this on wiki which was a great short read, which i think can really shed some light on how things may possibly progress for us in some ways: http://en.wikipedia.org/wiki/1998_Russian_financial_crisis although the russian crisis was obviously different...
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    US ponzi scheme - growth problems

    The system is so messed up. i'm trying to prepare for what's coming next. i'm thinking i'm not going to buy any stocks until the market is at least 50% lower than it is, with the exception of maybe some short etf's. Which again got me to thinking. ETFs?? another fucking scam. another...
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    the ponzi index

    I think we should now basically rename the s&p index the ponzi index if possible. let's at least be truthful since we're already broke. Reading obama's new initiative to now possibly temporarily ban foreclosures and bernanke's recent testimony basically seal the deal - for me at least. We...
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    Obama May Ban All Foreclosures Without Review by Loan-Modification Program

    This is pretty hilarious. I'd really like you to include tim geithner to this list too, please :D
  13. C

    US ponzi scheme - growth problems

    Yea seriously, this bloom box business is not going to save us from our problems. stop spamming this nonsense.
  14. C

    US ponzi scheme - growth problems

    It's interesting how much backlash this comment caused. It's something I've also thought of myself. I have to agree with others here that it would not have at all the same positive effects that it had during the great depression. However, that still doesn't rule out that this might be the...
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    US ponzi scheme - growth problems

    actually enjoyed this post a lot and agree with most of your points. i'm with you that none of this should be too personally depressing in general - and i wouldnt be even if we went into a period of deflation/slow growth or even depression. i am just completely bearish on the economy in the US...
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    US ponzi scheme - growth problems

    I wish it were that easy and hope we can have that kind of innovation - i just don't see it materializing for a while. i see too many fat lazy idiots in this country glued to TV and now internet (which for all the talk about increasing productivity makes me wonder if it really hasn't...
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    US ponzi scheme - growth problems

    created another thread because there can't be enough discussion on this in my opinion. anybody who follows US economic headline numbers (which are already probably inflated to look better than they are) knows the situation. it's totally dire. ditto for banks' balance sheets - they've gotten...
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    how much is it possible to size up? what next?

    exactly. what's this nonsense about sizing up?? haha. don't worry about it in something like the ES, you won't have any impact. you can trade a few thousand without moving it much at all at any point during the day. you think if you sell a 500 or even a few thousand lots the market is gonna...
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    United States a Giant Ponzi Scheme?

    Exactly, trump and the US are essentially conducting the same ponzi. As in OP's point, it's america though which can continue the charade much longer than trump. Hell, it took 20 years and a nasty bear market to catch madoff. The next real recession is going to probably be the mother of them...
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    Matt Taibi again

    I should add that the part that infuriates me the most isn't even the general morality issues behind how much they've screwed over their own clients and the american public in general. It's the fact that there is a question that many of the alleged sources of profits they've made over the last...
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