Doomsday is Coming

[emg]

Will be updated every 3 months. Next debt clocks update January 2014. Until then, Merry Christmas and Happy New Year

 

[toolazy]

so if global public debt is 51,....................

who is the lender ?

reserve banks ?

 

[R. Raskolnikov]

Good one, LOL

Quote from emg:

I have my forecast S&P 500 bottom between 450 - 550 before spring 2011

 

[ipenchev]

Do you guys think that debt is the biggest problem ?

 

[Trader.Fighter]

Quote from emg:

I have my forecast S&P 500 bottom between 450 - 550 before spring 2011

I suggest a higher education

 

[sellindexvol66]

Quote from Trader.Fighter:

I suggest a higher education

Quite funny and most certainly true!

 

[Money Trust]

I've been listening to all of these doomsayers for almost a year now and nothing even close to what they've been predicted has happened. The interesting thing to note is that all or most of the doomsayers are usually those that are trying to sell gold.

 

[zdreg]

Quote from STC Capital:

I've been listening to all of these doomsayers for almost a year now and nothing even close to what they've been predicted has happened. The interesting thing to note is that all or most of the doomsayers are usually those that are trying to sell gold.

"one year" your time horizon is ridiculously short.

" most of the doomsayers are usually those that are trying to sell gold. '
you mean sell gold as an investment?

 

[Money Trust]

Quote from zdreg:

"one year" your time horizon is ridiculously short.

" most of the doomsayers are usually those that are trying to sell gold. '
you mean sell gold as an investment?

But we're gonna act like those same people haven't been singing that song BEFORE I began listening to them, right?

 

[piezoe]

OK guys, I'm going way out on a limb here and predicting a market bottom sometime in late 2008 or early 2009. The S&P should bottom out around 666. Oh, and EMG, it might be time for a giant burrito!