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Too many nukes, won't happen.

yes, the spending, not tax policies, was idiotic (tax revenue actually increased to a new record each year). obama however, wants to grow government even MORE. I don't like either, but it will be obama, who will spend so much it will make Bush look like a penny pincher. enclosed link...

then IMO, it will be Iceland vs Argentina. Everyone else will be OK in the long run. A bit of pain to clean out the shit, but not collapsed economies.

The entire G7 is screwed, as are many emerging countries dependent on them. Virtually all economists believe a global recession is inevitable. New Zealand already in recession, Australia tanking fast, etc. If commodities stay low, Brazil may grow about 3% per year. China going to drop to maybe...

No way in hell are we having a war with China. First of all, it wouldn't solve anything. Secondly, China is not very aggressive outside its borders. Although it is heavily militarized. Finally, I don't believe two heavily nuclear supplied countries will ever go to war. Look how how aggro the...

problem is, he is going to raise taxes on those that create the jobs. Most small business employing over a few people make above 250k. Also, raising cap gains will actually bring in less tax revenue, and drive billions in capital funding overseas. it makes no economic sense. BTW, I'm not...

no, at that point China collapses. Contrary to public opinion, china is dependent on the US for a big % of their exports. Exports are everything to them, and they need 10% growth to keep the populace employed. This is why they will happily do anything they can to keep the US consumer afloat.

1st we need sales of existing homes to pick up. we have one month of that. Then we need inventories to come down substantially. this will take a long time. THEN prices will stabilize. I bet its 2010, then flat for years.

no shit. almost everyone is wrong, and no one cares what others think. Just trade and go with the flow. Making predictions on public forums, other than I'm bullish or bearish, is silly. mostly its done by people that don't make much trading. The good guys just stay quiet about this stuff...

its funny how everyone agrees with the guy now, but thought he was a nutcase a year ago. I got grilled here on ET several times supporting the guy back then. Amazing how the human mind works.

no one can call tops and bottoms consistently. people who want to profit off of doing so constantly call them, and then repeatedly mention the one time they were right. same thing with trading contest winners. You only hear about the one time 500% gain, not the 10 accounts blown up!

It was EXTREMELY obvious! I've been telling you for about a year that this is the worst global economic situation I've seen in 21 years in the biz, as well as being a trained economist. You ignored everything just like Kudlow. Your econ analysis is awful. The GDP drop is yet to come. It...

He did it see it coming and everyone thought he was a nut. I have supported his views for ages here on ET, and been reamed for it.

yep, same prob here.

problems here also.

not getting any daily data here, just intraday.

Until that post, I thought you were a very intelligent individual. That was soooo anti Yank and lame it defines definition. Jay

Guys , lets blame the econ, and who is responsible, That is my world who is responsible. Fun God one though. 100% logic now.

good answer.

Well, I believe you just enjoy arguing, which I know Gring does as well. I am too old, so please ntell me who wins. Cheers bros. Jay