Thats right, TB. Its no big deal that the market is back where it was 9 years ago. It doesn't matter that the ~8k trough was 6 years ago. Its no big deal that the Dollar is at relative lows not seen in my lifetime. Its no big deal that the Fed is doing the fractional reserve banking system equivalent of 'printing money' to try to paper over the financial crisis. Its no big deal that we are nationalizing loss and privatizing wealth. Its no big deal that the middle class is in a ten-year decline. Its no big deal.
And if we break that 8k trough, will we be in trouble then? Will we be in trouble at 4k?
Or do we need to be starving to death and migrating to refugee camps before its a problem?
No, I suspect we'll be doomed on Jan 9 2009. And not a minute before then.
Yeti
Current Events » in reply to re: Really.
Chicken quibble clucks again
The whole thread (78 posts)
- Good article on exactly why John McCain is completely unfit to be Commander-in-Chief of the USA
- Unbelievable.
- The USA is doomed and about to overrun by barbarians??
- Yep.
- "freefall property values"?
- Laugh it up...
- You don't need to lecture me...
- Very aware.
- My, aren't we cheerful?
- You must live on another planet TB.
- Nope. Same one you do.
- Anyway, what do you plan to DO about it?
- Economy bad?
- Nope. Same one you do.
- Half empty mode.
- You must live on another planet TB.
- You don't need to lecture me...
- Laugh it up...
- "Surely the progressive left can't wait.."
- "freefall property values"?
- Yep.
- re: Unbelievable.
- The USA is doomed and about to overrun by barbarians??
- "The world still looks the same, and history ain't changed"
- re: history ain't changed
- The communist China
- Superb article. The analysis is right on. (n/t)
- Unbelievable.
