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Zero growth, bitchez!
Misunderaffirmativepositiveaffirmation you skanks.
I told you so....
Lost money A-team continues to stress bottom picking as a solid strategy
I'm calling a -15% GDP before this is all over with in coming years, based on the trajectory we're on/slope of decrease. Sad.
Once we move from the "bumpy plateau" to the backside of oil production it will be negative (-) 9% the first year.
How do you compare GDP numbers if the dollar is abandoned and we have to start up (or try to) a whole new currency?
This isn't a cycle. It's a secular change.
the new measure of GDP will be Bernanke Bucks, available in handy billion sizes.
Chart gold in Yen...that will still be around when the U.S. implodes.
Inventory smackdown confirmed. Like that's a surprise...??
It is one of those days where we say stuff like, "Ima grab me a cold one and some popcorn........"
and watch the show.... Thank goodness I stocked up that outside the window cooler with a fresh six pack.
Hopium always disappoints after the initial rush.
LOL at the drudge report.
It seems like someone is forced to liquidate shorts. Feels like August 2007 all over again, maybe the rumors of QUANT explosion are true ... : (((
I smell some profits in the air... and pain.. and profits.. and more pain.
As my former first world country slides into third world living standards and authoritarian government, probably not a good time for ITYS...
The "timmy g and fresh benny b" gig might just work! If we can get living standards on par with mehico, than the low paying service sector jobs will raise living standards!
I finally get it, now I can trade with confidence!
well, there goes the old axiom that bad news comes in threes.
i think we are now in double digits.
Gold stocks are going ape shit.
The stampede to gold is astonishing. Any idea who is behind it? I mean, other than "everybody". China? China and Russia? Hmmm.....
China is sitting on ton's of gold.
Goldman is squeezing the living puss out of JPM and HSBC. Clear as poop on the sidewalk.
Amongst other "things" like the world might as well be coming to an end.
Check out (AUU) $2.14... gold miner. If only I did not sell so fast. I'll be jumping back in after this mini-crash brings us to s&p 850-900 then its time to get back in, gulp, i hope ...
Well if they reported the true unemployment (18-20%) maybe this would not shock joe six-pack...
viagra didnt work for me either bernie and watering down the drinks didnt help and now they are all leaving the party, whaaaaa..
One tool in the fight against deflation is disinformation; if you don't have to admit to it, it never happened.
So it's projected as 1% today, to be revised down to 0% when no one is looking, to print as (2%) when the day actually arrives, to actually be (5%) on the street.
It's probably been in the red for the last few months already, but nobody will admit it. It never happened.
Right Cougar. like a comment from yesterday...
This revision B.S.
it's like the guy inferring to the new date in casual conversation that he's got the whole 9".
Then as last call is announced and crunch time gets closer he backs off those specs and begins referring to himself as rather as well-endowed. Certainly better than average at least.
But when the bedroom door finally opens and the final revision is made, someone won't be happy. But he won't care, when that's done, he's outta there.
Hahaha, don't forget that it also helps greatly when your entire system of accounting for things like GDP is god-awfully convoluted that they could claim that GDP "was flat on B#," and no one would blink anymore.
According to shadowstats.com, the entire durable goods series was massively re-benchmarked a month or so ago. Would have given future numbers an upward bias.
Nothing to worry about. I'm sure that the government will soon be buying lots of bombers, and that's all the economy needs to expand.
Really. Got news boys. CorpGov is flat broke. Gates is running around shutting down major military commands to try to gin up enough dough to support the attack on Iran. They's broke. I bet you we're going to see CorpGov failing to make payments in the next six months. Like...no paycheck for you this month soldier. Whatcha gonna do about it - you're butt is in a foxhole in Afghanistan?
That scares me because I joined the military for that purpose. If the govt defaults on my check guess what I ain't fighting and I'm gonna start a mutiny. Generals don't hold the guns, the privates do.
Either I get my food and shelter or it'll be hard to control my behavior short of jail.
My prediction a couple of years back was that the US would be so broke that troops overseas would be stranded and unable to get home by any means other than their families stepping in and arranging transportation. It happened to the Soviets.
Oh, that's not even an accident when it happens.
You actually don't want hardened troops returning home to chaos and disfunction. They might get -- you know -- ideas or something. They might take sides. They might try to make some quick cash by hiring out as mercs or heavies in the mob.
The Romans invented the idea of stranding your soldiers in the hinterlands. Let the barbarians marry and reculturate them, if they want to. Back home, we got our own troubles.
Smoke lots of weed.
Keep your head down.
Don't voulnteer for nuting.
Carry as much ammo already in magazines as you can
When in doubt shoot everything that isn't wearing olive drab.
Steal a frag and save it for any prick lifer that tries to get you killed.
File for PTSD comp as soon as you get out.
Vietnam grunt class of '65 173rd Airborne (welcome to the club, new meat)
Can anyone say margin squeeze? Higher cost for commodities, lower price in the store as the consumer is broke. Earnings to tumble, share prices follow, more panic, the cycle can't be stopped. Time to ride this cyclical bear market down like a bitch in heat. Hoorah!!!!
EUR/JPY starts upward leg. You might guess what this means...RALLY TIME !!!
But the dow is over 10K
That was a great year.
Let's all party like it's 1999!
Yippee! We're saved! Shew! I thought all that bad talk on CNBC might be true for a minuee. Hand me the remote baby, Oprah is coming on....
DOW about to go green, lol
That's because all of this news has already been priced into the market. Now is the time to buy, esepecially those durable-good making companies!
And to think I said that with a straight face. Maybe I can have a job with CNBC?
It's not a "Double Dip". It's the second leg down in the Depression. By definition, the recession never ended according to NBER's guidelines. That's a very telling stat. Since we never recovered the pre-recession GDP peak, it's really a second cascading leg down in a crumbling economy.
Gold is aiming at records. On top of more imminent money printing, there's global currency instability in the air.
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