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no one is getting out of here alive....except the folks who own the hard stuff.....gold and silver.
And a goodly amount of lead, brass and steel in the right configurations. The hard stuff.
No end in sight.
That article you linked to from "Rich Dad, Poor Dad is God aweful and the chart is outdated and misused. 10 minutes of my life I can never get back...
In my opinion Roubini is a morose clown.
Please STOP giving this talent-less self-promoter the time of day.
Yes, 10 minutes of my life I shall never get back... thanks alot.
don't forget the alcohol...the hard stuff.
You want your lead to be the soft stuff, generally...
Um, killing the stock market no longer guarantees money flowing into bonds. Looks like retail is done with both. Plainly stated, they need the money to pay monthly food and energy bills.
Housing Market.. Is there a stock symbol for that?
FNM and FRE......... or maybe it is SOL.
Yes, you will find it here:
Seems to be $
As fed money flows to crooks.
Home builders continue to rise as business keeps tanking.
DOA KIA AFU
we haven't even finished dipping once, IMHO
Yeah, "Double Dip" presumes a "Recovery" that none of us were able to see whiz by. Well, none of us except for HarryWanger, who somehow managed to hitch a ride --- so he says.
I think the only real "Double Dip" is those who keep calling for one. The rest of us can clearly see this ongoing and deepening depression for what it truly is.
not sure what recovery was harder to see, the RE Recovery or the Summer of Recovery
"accelerating" being the key word ;)
What a crock.
Roubini just shelled out $5.5 million for a condo and took out a $3 million mortgage so he has a fancy place to take his hookers over the weekend.
Obviously, he's touting more "doom and gloom" just to rake in more speaking engagement fees.
WOW, real women with real fees
I would junk the photo but I like Ruby and his taste in women far more than I dislike robutt's poor tact
They should only take gold and silver for services.
"Hard assets", ya know.
the one on the left has calculator eyes. She can see the size of your wallet from anywhere
Why is that? Because she is pretty and the only reason she would pay attention to someone like you is if you tried to buy her affection?
Pathetic judgements. Well done Nouriel. On multiple fronts.
I see no inconsistency here. There's no reason why doom and hotties cannot mix. What the fuck is wrong with you?
I'm down wit tha sickness. Party like Dr Strangelove!
"Doctor, you mentioned the ration of ten women to each man. Now, wouldn't that necessitate the abandonment of the so called monogamous sexual relationship, I mean, as far as men were concerned?" "Regrettably, yes. But it is, you know, a sacrifice required for the future of the human race. I hasten to add that since each man will be required to do prodigious... service along these lines, the women will have to be selected for their sexual characteristics which will have to be of a highly stimulating nature" - General Buck Turgidson & Dr Strangelove
Robo's problem is that his entire notion of wisdom is a 12 month chart of something that has already happened, or pictures of breats. Well, that is the short answer, anyway.
i'll take a dozen breasts.
When it all really goes to hell, who doesn't want to wind up in a bunker somewhere with a couple of happy kittens giving you a tongue bath?
You're only getting a tongue bath as long as they're getting Kitten Chow or Fancy Feast. If not, you're looking at cat scratch fever.
I don't know how far Count Chocula's "gloom and doom" actually extends --- he is still insisting that gold reaching $1500 is "impossible". Not unlikely, not far-fetched, but actually "impossible". I have a feeling that the "impossible" is going to overtake Count Chocula's reality before very long.
I agree with his gold prediction and his taste in women.
Perhaps he has the $1,500 price correlated somehow with the price of crude around $100; at which point, some might figure, demand would begin to break down. I find his stance on $1,500 puzzling.
And he did it with an adjustable rate mortgage with a 5 year reset?!?! So I wonder if he knows that the New & Improved Fanniefreddiestein is going to be setup to hand out sweetheart deals for the politically connected?
Welcome to Bizarro World.
No, he's just putting your money where his mouth is. He spelled it out in plain english.
1) Buy now, housing rcovers, sell before the reset, make bank.
2) Buy now, prices freefall, turn in the keys and walk away.
Even if #2 occurs, he had a sweet pad to live in for a couple of years. I Fester.
Oh, that's what he meant be 'double-dip'.
That was Great!
How much were th e hookers?
...looks like money well spent....
Robo, if you're so bullish on the markets and housing, then buy, baby, buy! The Fed capitulated on housing last week when the report by their two analysts came out admitting they had made a mistake by supporting the TBTF banks. $4 trillion in loan mods two years ago would have set a floor on the housing market and things would be so much rosier...unfortunately the banksters couldn't profit from that idea so they figured out how to move $20 trillion or so all over the place so this would be a record year for bonuses. When the guvmnt starts cutting social welfare and entitlement programs, don't say I didn't warn you when the people who got fucked start using bankers for target practice, French Revolution style.
Nah , me thinks he is preparing for a currency collapse......
and may I add, he has excellent taste.
right on ROBO -- he is a one trick pony who kept hidden his financial and business relationship with Larry Summers all through the crisis
"Mr. Broken Clock" Roubini. When will this guy realize his 5 minutes of fame are up?
As soon as you stop talking about him.
Who cares about Roubini, economists, or the economy? What do we need that stuff for? Ben Bernank prints money, criminal syndicate Wall Street bankers sell their STBX notes for Bernanke bananas, they use them to buy the Roach Motel [SPY], and that is that. This is all we need now.
Get up to speed, man. The economy does not matter, and neither do economists. Please, fix your gaze upon fictional forward earnings expectations set by criminal syndicate Wall Street bankers so that you can buy the Roach Motel more quietly.
...as IYR and it's components finish up another fine day massively outperforming the broader market and continue it's march upward after hours.
They'll do the same shit with this as they did with the financials. They'll shove your shorts and puts right back in-yo-face. They couldn't give a shit less how blatant it is. The bazooka will be inserted into your rump and fired.
A strange game. The only way to win is not to play.
I have a house I use once a week to go bowling. Maybe I should join a bowling league near my current place and sell or rent that house.
Economic double-dip not far behind
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