Search results

  1. B

    Ready for a Nastier Downturn?: Recession Is Over; Depression Has Just Begun

    Continued From Above Commence the fake recovery So where are we, then? We have left the fake recovery and are entering a new era of growth that could last as long as three or four years or could peter out very quickly in a double dip recession. By now, you have seen my post on the fake...
  2. B

    Ready for a Nastier Downturn?: Recession Is Over; Depression Has Just Begun

    The government can't possibly keep propping up the economy while unemployment surges to potentially last seen levels rivaling the 1930s. As to his other main point - I've been saying it for months: All the money printed by Treasury is being sucked up and vaporized by banks and financial...
  3. B

    I'm calling it - The Top Is In

    All asiaprop does is service Goldman Sachs. I think he's their latte boy. I wonder if he dispenses oral pleasures to the Goldman boys?
  4. B

    Sorry doom and gloomers. The real estate market is hot in California.

    Your substantive posts bring so much information to the table. Aren't you in fucking Canada, by the way?
  5. B

    Sorry doom and gloomers. The real estate market is hot in California.

    When you go back to the prices paid in 2005 through 2007, and find that the prices are remotely approaching 50% to 70% of what they were then, I'll buy into your apparent definition of "hot."
  6. B

    Sorry doom and gloomers. The real estate market is hot in California.

    I guess if you have selective interpretation it is. I'm the first one to concede that the market has rebounded to a degree in prime locations (i.e. on or near the ocean; Hollywood Hills). But for every market in Cali that's rebounded, 3 or 4 are stuck in the mud or declining. IN FACT...
  7. B

    If the U.S. Gov't Was Serious about "A Strong Dollar," Simple Solution: Raise Rates

    Raise rates just like the central bank of Australia did today; they Aussie Dollar rallied hard and sharply. And the Australian central bank indicated more to come... Let's see what the real intentions of the U.S. fiscal policy makers are. More 0% loans to banks and financial...
  8. B

    Paralysis in the Debt Markets Is Deepening the Credit Drought

    Paralysis in the Debt Markets Is Deepening the Credit Drought http://www.nytimes.com/2009/10/07/business/economy/07shadow.html?_r=1&adxnnl=1&hpw=&adxnnlx=1254884472-H5BTDm7elB6ToOl4MYo04A By JENNY ANDERSON Published: October 6, 2009 A year after Washington rescued the big names...
  9. B

    Fed Reserve Bank of Kansas City Pres: "Fed should raise interest rates"

    If implemented, this would cut gold and commodities to their knees. Just one move, as long as the threat of follow through existed, would decimate longs. Other than his views on recovery and avoiding the double dipper, which I disagree with, I like Koenig's comments...
  10. B

    Columbia Professor Jeffrey Sachs Rails against Ex-Fed Chief Greenspan

    Jeffrey Sachs Rails against Ex-Fed Chief Greenspan * October 6, 2009, 3:44 PM ET http://blogs.wsj.com/worldbusinessforum/2009/10/06/jeffrey-sachs-rails-against-ex-fed-chief-greenspan/ By Kelly Evans Jeffrey Sachs, a prolific economist, author and professor at Columbia...
  11. B

    Day Trading board game LOL :)

    I heard there is a regular version, and there's also a Goldman Sach version, where government officials tip you of on every policy move years in advance.
  12. B

    Fed Needs Goldilocks for Roach Motel Check-Out

    Fed Needs Goldilocks for Roach Motel Check-Out http://www.bloomberg.com/apps/news?pid=20601039&sid=aWFh73J.vsZg Commentary by Caroline Baum Oct. 5 (Bloomberg) -- If only the moderator had called on me, I might have gotten an answer to my questions and left with more confidence in the...
  13. B

    Video aptly showing why Banks are 'zombies' (propped up by lax regulation)

    <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/q_NOVHvd6Wk&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/q_NOVHvd6Wk&hl=en&fs=1&"...
  14. B

    Gulf states, China, Russia, France and Japan to end conducting oil deals in USD

    Gulf In Talks on Replacing US$ For Oil: Report By REUTERS Published: October 5, 2009 http://www.nytimes.com/reuters/2009/10/05/business/business-us-oil-dollar.html?_r=1 Filed at 9:40 p.m. ET SYDNEY (Reuters) - Britain's The Independent newspaper on Tuesday reported that Gulf...
  15. B

    Gulf states, China, Russia, France and Japan to end conducting oil deals in USD

    Leading article: The end of the dollar spells the rise of a new order This radical proposal is a reflection of a changing economic world Tuesday, 6 October 2009...
  16. B

    •MGM's CityCenter to Cut Prices 30% at Closing for Las Vegas Luxury Condos

    This is pure desperation to keep those who can bail from doing so. Will it be enough should be th eonly question. http://www.bloomberg.com/apps/news?pid=20601087&sid=a8Pt_NymMTu4 CityCenter Announces Price Cuts of 30% at Closing Share | Email | Print | A A A By Heather Burke Oct...
  17. B

    Whalen, Whitney, Roubini: "Real" Economy Is Dying: Q4 "Going to Be Bloodbath"

    http://finance.yahoo.com/tech-ticker/article/348944/The-%22Real%22-Economy-Is-Dying-Q4-%22Going-to-Be-a-Bloodbath%22-Whalen-Says?tickers=XLF,SKF,FAS,FAZ,MS,GS,HCBK&sec=topStories&pos=9&asset=&ccode= The "Real" Economy Is Dying: Q4 "Going to Be a Bloodbath," Whalen Says Posted Oct 05, 2009...
  18. B

    •Stiglitz Says Markets Are `Irrationally Exuberant' About Economic Recovery

    http://www.bloomberg.com/apps/news?pid=20601068&sid=a_ZdUBXgQfTM Stiglitz Says Markets ‘Irrationally Exuberant’ (Update1) Share | Email | Print | A A A By Jeremy Torobin Oct. 5 (Bloomberg) -- Nobel Prize-winning economist Joseph Stiglitz said unemployment is going to keep rising...
  19. B

    Three Government Reports Point to Fiscal Doomsday

    Meddling in the stockmarket, in hopes of creating and keeping "reflation," will only add to the sharpness of the declines once they inevitably set in. They can't prop it up forever, and every tick upwards resulting from meddling will be met with equal if not greater velocity on the way down.
  20. B

    Three Government Reports Point to Fiscal Doomsday

    Three Government Reports Point to Fiscal Doomsday by Martin D. Weiss, Ph.D. 10-05-09 When our leaders have no awareness of the disastrous consequences of their actions, they can claim ignorance and take no action. Or when our leaders have no hard evidence as to what might happen in the...
Back
Top