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CNBC Stars On The Onion

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Wed, 08/19/2009 - 02:20 | Link to Comment Anonymous
Wed, 08/19/2009 - 02:28 | Link to Comment Ducky
Ducky's picture

yeah that was great. too true.

cnbc is a symptom of a larger problem though. not the cause that they get the rap for.

too many morons in suits that underperform. said morons don't want long term underperformance to become common knowledge. morons and too big to fails unite! all others be screwed! (we just did what gs said)

Wed, 08/19/2009 - 02:37 | Link to Comment Miles Kendig
Miles Kendig's picture

The best comedy is premised upon the acts of stupidity the audience sees before it.

Wed, 08/19/2009 - 02:46 | Link to Comment Comrade de Chaos
Comrade de Chaos's picture

China fell, another 4 %. If I were buying into the green shoot parade, I would be rather worried. 

Wed, 08/19/2009 - 02:51 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

im doing my happy dance and i will treat myself with hookers and blow tonight; my shorts are ROCKIN

Wed, 08/19/2009 - 03:04 | Link to Comment Anonymous
Wed, 08/19/2009 - 03:05 | Link to Comment Apocalypse Now
Apocalypse Now's picture

What did you short, general Shanghai index?

Wed, 08/19/2009 - 03:11 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

top financials, oil, some developers and industrial and financial sub-index on HSI, didnt play Shanghai so much, but HK. made some nice profits the past three days.

Wed, 08/19/2009 - 04:47 | Link to Comment Anonymous
Wed, 08/19/2009 - 04:49 | Link to Comment Milton
Milton's picture

Cheeks, do you think this vid is accurate?

http://www.youtube.com/watch?v=ektMQGbW3wk

thanks for your opinion.

Wed, 08/19/2009 - 06:49 | Link to Comment Cheeky Bastard
Cheeky Bastard's picture

yes buddy, very true; they have built infrastructure  based on two tings a) needed mirage fo growth b) over-stretched ( and i mean like light years overstretched ) belief that the world will economically grow for ever. There is a mass exodus of Chinese workers back to the country from metropolitan areas and that WILL hurt, and hurt bad CRE, RE sector and the overall economy. Basically they can afford themselves to play this game because the political system is as it is; but they can not afford to buy endless amount of US debt just to keep themselves from not imploding; also the yuan peg allows them to be creative and to have a currency advantage, although if the crisis does not end in the next 5 yrs ( and i dont see how it could looking at Alt-A and Opt-Arm defaults in '10 and '11) they will need to float the yuan, then, all bets are off. Excellent vid, thanks for that.

Wed, 08/19/2009 - 07:41 | Link to Comment Sqworl
Sqworl's picture

Cocktails and time released Cialis on CB tonight!!!  blow courtesy of USD...;-)

Wed, 08/19/2009 - 10:56 | Link to Comment Milton
Milton's picture

Thanks for your insight. My friend is an architect in Manhattan and there's absolutely nothing going on so he's opened an office in Shanghai. I dunno......

Wed, 08/19/2009 - 03:07 | Link to Comment Anonymous
Wed, 08/19/2009 - 04:31 | Link to Comment Optimystic
Optimystic's picture

Guess that leaves out WallstreetPro2.........shit, he'd been a good one too.

Wed, 08/19/2009 - 06:44 | Link to Comment rigger mortice
rigger mortice's picture

now that would be cool........

Wed, 08/19/2009 - 05:03 | Link to Comment Anonymous
Wed, 08/19/2009 - 08:42 | Link to Comment Anonymous
Thu, 08/20/2009 - 11:35 | Link to Comment Anonymous
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