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You still think RECESSION is coming?
- Thread starter HedgefundTrader2
- Start date
Quote from gnome:
What can be done about it? Short of a Second Revolution to throw all of our criminally greedy politicians out of office, probably nothing. Smartest thing would be to pull a "Jimmy Rogers".... cash in your chips and get the Hell out of America!!
where do you go though.
Europe is just the same in terms of high taxes and spending. All the developing countries, do you want to go there and deal with the beaurocracy and corruption?
America, albeit all the problems, is still the best country in the world.
JFK believed in keynesian economic theory which is a complete crock of shitQuote from day7793:
JOHN F. KENNEDY was a great man. He knew what kind of self entitled doofus and rejects inhabit his country. That is why he rallied and appealed to them in his historical speech.
You are one of them, who taketh all away and give nothing. On top of that you finger point and blame others for your misery. Grow up or stay at the bottom ladder like most.
day77 i would like you to read this.
bgp
http://in.reuters.com/article/busin...7620080126?pageNumber=1&virtualBrandChannel=0
bgp
http://in.reuters.com/article/busin...7620080126?pageNumber=1&virtualBrandChannel=0
The Fed chairman wouldn't be cutting rates and advocating "fiscal stimulus" if the economy was growing. IMO, he might be cutting rates if it was slowing, but I don't think he'd come out and advocate more "borrow and spend" unless it was in an out and out decline.
Quote from pma:
Tell me what other country our size of 300 million people, stuffs free money in its Citizens pockets? Your country has done a lot for you, its time you do something for it.
Your kidding,right? I pay taxes,so how is this "free" money? It was mine to begin with! [/B][/QUOTE]
False sense of entitlement.
Our country is full of douche bags like these.
NOT YOUR MONEY. Its US treasury's money, you do not have a right to it unless Congress authorises it.
Quote from thriftybob:
The Fed chairman wouldn't be cutting rates and advocating "fiscal stimulus" if the economy was growing. IMO, he might be cutting rates if it was slowing, but I don't think he'd come out and advocate more "borrow and spend" unless it was in an out and out decline.
You blame the Feds for doing the right things I assume?
So you can sleep easy, knowing you still have a job and a roof over your head.
Quote from blackjack007:
1. housing prices are declining
2. tens of thousands of real estate and construction jobs have been lost, plus many more in banking
3. job cuts announced almost daily by some company
4. most companies are reducing 2008 earnings estimates not raising them
5. very weak holiday retail sales
6. rising national unemployment
7. 75 bp cut (first time since 1991)
8. emergency $150B spending measure sent to congress in record time
suuuuuuuuuuure we're not in recession.
when was the last time you saw all these things and the economy was all fine and dandy?
i swear some people are so stupid. it's like some of you are 21 years old and just got your f**king GED.
Sell everything and get out of America. Go to Sudan and Darfur and start grazing with the bullocks....
I have had it with this depressed outlook and negative sentiment on this forum. Bunch of whoosies..
Quote from day7793:
Sell everything and get out of America. Go to Sudan and Darfur and start grazing with the bullocks....
I have had it with this depressed outlook and negative sentiment on this forum. Bunch of whoosies..
Only time will show what an absolute brainless thinker you are. We can argue all we want here. You can tell the ones like me, who believe we are already in recession (willl be verified in late april), how wrong we are. But the history will not be kind to you, and neither will your portfolio.