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There cannot be a recession now.
- Thread starter HedgefundTrader2
- Start date
Quote from veritas007:
How could you possible know if there is a recession. Many economists think the chance of recession is greater than 50%, but somehow you believe there is a zero percent chance. Where did you get your phd in economics? Either you are the smartest person in the world or don't know what you are talking about. It's obvious you are long the market and trying to blame someone for your loss. Don't blame the market. It does what it does. No one really cares if you are long the market. The market isn't trying to screw you.
I don't need to wait for a piece of paper to come out six months from now to tell me that recession began in late '07. I look and see it. I look at the job market and see it. I look at credit defaults and see it. I look at the market and see it. I look at guidance and see it. You wait for that piece of paper and start shorting six months from now.
Quote from day7793:
Why is it a joke? That is lot of money more than the budget of small countries around the world. You guys sicken me with your depressed outlook !
There are no silver bullets, be grateful what your Gummint does.
What have you done to make things better?
Absolutely nothing. I would just let the market adjust itself. Put an extra $800 or less for family of four making 25k to 40k does not do much.
I bet this is same as the Bush tax cut on the poor. If order to get the small tax cut, you have to approve getting rid of estate tax.
Previous rate cuts have done nothing to contain the crisis.Quote from thecalip:
Absolutely nothing. I would just let the market adjust itself. Put an extra $800 or less for family of four making 25k to 40k does not do much.
I bet this is same as the Bush tax cut on the poor. If order to get the small tax cut, you have to approve getting rid of estate tax.
Is helicopter going to cut rates to 1% again ? That might stop the crisis for now... but you'll have an even bigger shit ball in a few years. Eventually you gotta bite the bullet.
Does this mean US economy will never go into recession ? Ever ?
Because fed will always cut rate, and President will always inject some $150 Billion dollars Tax Relief Stimulus Package ?
Anybody here played video games? First Person Shooters ?
You get hurt, your health is low, you hit a button and call out: "Patch me up Doc"... Magically, another soldier runs over: "Let me see, let me see". You get patched up as good as new. And then start shooting at the enemy again as if nothing has happened.
Because fed will always cut rate, and President will always inject some $150 Billion dollars Tax Relief Stimulus Package ?
Anybody here played video games? First Person Shooters ?
You get hurt, your health is low, you hit a button and call out: "Patch me up Doc"... Magically, another soldier runs over: "Let me see, let me see". You get patched up as good as new. And then start shooting at the enemy again as if nothing has happened.
Tax rebates: All sides agree that tax rebate checks â up to $500 for individuals and more for married couples and people with children â would be in any final stimulus measure. The White House was pushing for even higher rebates. The rebates are likely to be limited to individuals with incomes less than $85,000 and couples earning $110,000 or less. Democrats want to extend the rebates to people who work but make too little to have to pay income taxes.
Quote from S2007S:
Tax rebates: All sides agree that tax rebate checks â up to $500 for individuals and more for married couples and people with children â would be in any final stimulus measure. The White House was pushing for even higher rebates. The rebates are likely to be limited to individuals with incomes less than $85,000 and couples earning $110,000 or less. Democrats want to extend the rebates to people who work but make too little to have to pay income taxes.
Step lighter on the gas pedal, you could save at least $500/year or more.
Ahhhhhh youâre all being silly. Take the blinders off this is all part of the master plan laid out by Skull and Bones and brought to you by your local Masonic Lodge.
Donât you get it? Lower the interest rates, get rid of M3, ramp up the monetary base, devalue the dollar, throw the economy into a tailspin, collapse the dollar, default on the debt, introduce the Amero!
Welcome to the North American Union.
The process has already been tested and proven in Argentina.
How do you think they went from the Peso to the Argentino?
Read this: http://en.wikipedia.org/wiki/Argentine_economic_crisis_(1999-2002)
Wash, rinse, repeat. Viva la Nación Nuevo!
Iâm so glad Iâm fluent in Spanish.
Just,
MY2 ¢¢
Donât you get it? Lower the interest rates, get rid of M3, ramp up the monetary base, devalue the dollar, throw the economy into a tailspin, collapse the dollar, default on the debt, introduce the Amero!
Welcome to the North American Union.
The process has already been tested and proven in Argentina.
How do you think they went from the Peso to the Argentino?
Read this: http://en.wikipedia.org/wiki/Argentine_economic_crisis_(1999-2002)
Wash, rinse, repeat. Viva la Nación Nuevo!
Iâm so glad Iâm fluent in Spanish.
Just,
MY2 ¢¢