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Alan Greenspan Rocked By 50% Deflation In Three Months

Tyler Durden's picture




 

For a man who spent his entire career, over half a century, generating ~2% inflation leading to the great middle-class wealth transfer known as the "great moderation", and of course the great financial crisis, personally experiencing 40% deflation in under three months must be the supremest of ironies.

 

Oh wait, 40% two weeks ago. Make that 50% deflation as of today... or as the Princeton economics department would say, an annualized deflation rate of #Ref!

 

And in other news, one wonders how long before the brand new book of that other financial humorist gets the Joseph A Bank "buy 1 get 3 free " treatment.

 

Out of curiosity, just how does one get rich carefully by losing 95% in Bear Stearns a week ahead of its insolvency?

 

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Sat, 01/04/2014 - 20:47 | 4300653 The Shootist
The Shootist's picture

He's the deformed shield traitor from 300.

Sat, 01/04/2014 - 20:52 | 4300663 max2205
max2205's picture

I just wiped my ass with page 69... It felt great!

Sat, 01/04/2014 - 20:56 | 4300668 Soul Glow
Soul Glow's picture

Alan Greenspan is fiine!!

Sat, 01/04/2014 - 21:04 | 4300695 nmewn
nmewn's picture

"I've talked to my people. He's fine!"

Sat, 01/04/2014 - 22:13 | 4300838 nope-1004
nope-1004's picture

F'n Greenspan.  Ya.... I'll buy that book.  I've got nothing better to do than read something full of lies - at half price.  F'n prick.

The thing won't sell even at 100% off, because the public KNOWS that their money printing and QE policies were banker-buddy bailouts and US debt monetization, with zero help to J6P.

Now stepup to the mic and lie some more about the real benificiaries of your asinine policies, Mr. Yellen.

The pigmen need to face the crowds.  Don't worry, I'll be there..... 

Sat, 01/04/2014 - 22:47 | 4300897 LetThemEatRand
LetThemEatRand's picture

I hereby pledge that if I see anyone in an airport, restaurant, or other public place reading GreenRand's fucking book, I will publicly berate said individual even if it means shaming or threat of wool violence from nearby sheep.   Fuck you Greenspan and the fucking Ayn Rand horse you rode in on.  At least your buddy Rand could sell books you fucking traitor to America.  And at least your former co-author Rand had the decency to admit that her books were Fiction.

Sat, 01/04/2014 - 23:14 | 4300971 TheLooza
TheLooza's picture

seriously a lesson for those who want to name their book something uncatchy. call that shit hookers and blow, sit back and watch the money come in.

Sat, 01/04/2014 - 23:40 | 4301007 LetThemEatRand
LetThemEatRand's picture

Or just couch your bullshit message in interesting characters and create a simplistic narrative that appeals to sheep.

Sat, 01/04/2014 - 23:51 | 4301023 akak
akak's picture

Or use a hyperbolically alarmist title, maybe something like "Economy in the Balance".

Sun, 01/05/2014 - 00:16 | 4301070 Never One Roach
Never One Roach's picture

"I'm from MFGlobal. Trust me."

Sun, 01/05/2014 - 00:56 | 4301118 Keyser
Keyser's picture

And the old stand by, "I'm from the government and I'm here to help!" 

 

Sun, 01/05/2014 - 01:55 | 4301191 Manthong
Manthong's picture

Inevitable: those books will be in the dollar stores selling for a buck, which means they wholesaled for half that.

Sun, 01/05/2014 - 02:25 | 4301215 markmotive
markmotive's picture

I remember when Greenspan was treated like a god. "The Maestro", he was called. He could do no wrong and people ate up the moral hazard he created.

It is rumored that he was NOT happy when this documentary on money and banking was released.

http://www.planbeconomics.com/2013/03/documentary-money-banking-and-fede...

Sun, 01/05/2014 - 04:46 | 4301297 dogbreath
dogbreath's picture

I read the autobiography of the Shah of Iran way back,  and then the Manuel Noriega's,  and then the FBI guy who handled Ruby ridge and Waco.     They all had this quality of sanitizing history.  I am guessing this will be worse.

Sun, 01/05/2014 - 08:21 | 4301375 negative rates
negative rates's picture

If our gvt isn't getting scared by now of a serious potential crisis, then they are more a sleep at the wheel and in denial about it than ever before, crisis bitches.

Sun, 01/05/2014 - 11:08 | 4301557 SAT 800
SAT 800's picture

Wait; how about, "Global Warming Now !"; I bet we could sell that?

Sun, 01/05/2014 - 01:29 | 4301156 A Nanny Moose
A Nanny Moose's picture

/sigh. We've been over this Rand/Greenspank guilt by association horseshit argument before. FFS, Don't make me repeat myself. Greedspank is not Rand, Rand is not Greenspank goddammit.

Finkle is however, Einhorn.

Sat, 01/04/2014 - 23:13 | 4300968 Greenskeeper_Carl
Greenskeeper_Carl's picture

"because the public knows" . negative. the public is fucking clueless. ask 'the public' about QE, ZIRP, TARP, etc. I will punch myself in the face if 1 in 10 of the public knows what 1 out of 3 means. im glad his book isnt selling, but it is not because the public is becoming wise to their ways. nothing could be further from the truth

Sat, 01/04/2014 - 23:58 | 4301036 nope-1004
nope-1004's picture

In your context, those that know nothing will also then not know who the fuck Greenspan even is.  But for those that know who he is, and presumably those that would know would be the ones to look at the book before purchasing, they will judge him for the mess he has made.

But yes, as far as the general public, they are clueless and can't even read properly.

 

Sun, 01/05/2014 - 02:55 | 4301237 Skateboarder
Skateboarder's picture

I can guarantee that most, if not all, of my peers (mid to late 20s) don't know who Greenspan is. But then again, I think that notion applies to all age groups.

Sat, 01/04/2014 - 21:03 | 4300672 Leonardo Fibonacci2
Leonardo Fibonacci2's picture

As for me it don't matter, Greenspan or Cramer, they are both FUCKERS.  These two are both douchebags

Sat, 01/04/2014 - 21:14 | 4300710 Cacete de Ouro
Cacete de Ouro's picture

Cramer has no idea how bad his book sales are (to use his own words)...he has no idea, HE HAS NO IDEA how bad it is out there..NO IDEA....

Ed: that's quite enough Cramer for one night....

This Cramer 'no idea' clip never ceases to amuse me: http://youtu.be/SWksEJQEYVU

Sat, 01/04/2014 - 21:28 | 4300739 Crash Overide
Crash Overide's picture

Seriously this fucking guy is amazing, Cramer is easily the smartest of the retarded.

 

Sun, 01/05/2014 - 01:20 | 4301151 monoloco
monoloco's picture

I disagree, that slick glossy paper just kind of smears things around.

Sun, 01/05/2014 - 13:58 | 4301898 U4 eee aaa
U4 eee aaa's picture

probly clog yer terlot too

Sat, 01/04/2014 - 23:41 | 4301009 BillyTheBlade
BillyTheBlade's picture

See! See! Deflation really is the threat! Thank you 2% inflationary target that will save us!

Sun, 01/05/2014 - 11:07 | 4301551 SAT 800
SAT 800's picture

Reading is one of my major activities,and normally, I'm willing to read the personal thoughts of people on both sides of an issue; but I wouoldn't want to get close enough to anything Greenslime wrote to read it; afraid I might get some on me. I realize he's just an over-educated moron, but he ACTS like an agent of the devil.

Sat, 01/04/2014 - 20:47 | 4300654 ArkansasAngie
ArkansasAngie's picture

If I gave a rats arse

Sat, 01/04/2014 - 20:47 | 4300656 ebworthen
ebworthen's picture

The title for Greenspan's book should have been:  "The Crap and the Apothecary"

Jim Cramer's book title should have been:  "Gut Fleeced Carefully"

Sat, 01/04/2014 - 20:54 | 4300665 the0ther
the0ther's picture

Man if only the dudes breathing would deflate by 50%…

Sat, 01/04/2014 - 20:59 | 4300671 I am Jobe
I am Jobe's picture

Hope he dies broke and his woman is sold to the Al queda 

Sat, 01/04/2014 - 20:59 | 4300678 Leonardo Fibonacci2
Leonardo Fibonacci2's picture

Greenspan is 42 years older than his wife.  The fucker is an old vampire

Sat, 01/04/2014 - 21:07 | 4300694 NoDebt
NoDebt's picture

If they have kids, I'm sure he drinks their blood every night.

Sat, 01/04/2014 - 21:52 | 4300787 RaceToTheBottom
RaceToTheBottom's picture

Even worse, he plays tennis.

He probably wears those head sized eyeglasses

Sun, 01/05/2014 - 04:41 | 4301293 secured_party-c...
secured_party-creditor's picture

.....and those Jack Tripper shorts....

Sun, 01/05/2014 - 14:02 | 4301901 U4 eee aaa
U4 eee aaa's picture

Mr Magoo eyeglasses and Jack the Ripper shorts

Sat, 01/04/2014 - 21:44 | 4300770 Ralph Spoilsport
Ralph Spoilsport's picture

Andrea Mitchell ain't no spring chicken either at 66.

Sat, 01/04/2014 - 23:20 | 4300982 Promethus
Promethus's picture

Wait. If Andrea Mitchell is 66 and Alan is 42 years older than his wife (3 posts up) that would make him 108. Now I have to go Google.

Sun, 01/05/2014 - 02:50 | 4301236 akak
akak's picture

And he doesn't look a day over 102!

Sun, 01/05/2014 - 07:56 | 4301366 TheFourthStooge-ing
TheFourthStooge-ing's picture

Made me laugh. Even Greenspan's liver spots have liver spots.

Sat, 01/04/2014 - 21:03 | 4300683 fijisailor
fijisailor's picture

Hey I found that book in goodwill for .99 cents.

Sat, 01/04/2014 - 21:05 | 4300687 NoDebt
NoDebt's picture

You overpaid.

Sat, 01/04/2014 - 21:07 | 4300702 Leonardo Fibonacci2
Leonardo Fibonacci2's picture

I agree with you NoDebt, they should pay us to read the books of Greenspan and Cramer.  Alot of trash is written to the sheeple.

Sat, 01/04/2014 - 21:20 | 4300723 TheFourthStooge-ing
TheFourthStooge-ing's picture

The only way to determine the fair value of Greenspan's book is by determining its BTU content.

Sat, 01/04/2014 - 21:38 | 4300756 cynicalskeptic
cynicalskeptic's picture

or its page count (divided by two)  compared to the cost of a comparably sized roll of bargain brand toilet paper

Sun, 01/05/2014 - 01:36 | 4301172 PT
PT's picture

I'd still prefer the toilet paper.  Jack of all Trades, Master of None ...

Sat, 01/04/2014 - 21:41 | 4300763 Ralph Spoilsport
Ralph Spoilsport's picture

I bet his book would disappoint at the raw combustion level also. If you had a nice fire going, adding this book would put the fire out in short order.

Sun, 01/05/2014 - 14:08 | 4301904 U4 eee aaa
U4 eee aaa's picture

Although, if your house was on fire and you threw a bunch of these books on it, the fire would only increase in intensity. Like all other Fed by products, these books have unique physics that tend to mess you over no matter what you try to do with them

Sat, 01/04/2014 - 21:05 | 4300685 NoDebt
NoDebt's picture

50% off.... like the value of a dollar under his Fed Chairmanship.  How's it feel on the receiving end, Alan?

Sat, 01/04/2014 - 23:33 | 4300992 yrbmegr
yrbmegr's picture

I guess he printed too many...um...books.  Give me a moment to chuckle.

Sat, 01/04/2014 - 21:05 | 4300689 Parrotile
Parrotile's picture

Wonder how much Advance Payment Mr Greenspan had for that book, and wonder whether the Publishers are angling to have it made "Compulsory Reading" on any Economics / MBA Courses?

The "Essential Textbooks" scam is one hell of a way to ensure a very comfortable "revenue stream", especially if your Course Requirement includes proof of purchase (i.e. new, latest edition receipts).

As an Undergraduate the only "New" textbook I bought was Albert Lehninger's Biochemistry, simply because it was the best in the field. Everything else (General Medicine, Surgery, Pharmacology, Physiology, Microbiology, Immunology, etc.) were "good secondhand" copies.

Sat, 01/04/2014 - 21:35 | 4300752 cynicalskeptic
cynicalskeptic's picture

I wonder if this is a variation of the politician book scam.  Some politician writes a book and most of the copies are bought up by some organization or organizations wanting to buy influence.  Those organizations GIVE the book away or stick them in a closet but the politician has in the mean time seen a large number of book sales (and $$$ to him)  - which is NOT the same as political 'contributions' which are regulated or - God forbid - outright bribes- which afe illegal.   It's like having a corporation buy that land back home you inherited from your uncle - for 400 times the appraised value - but a lot less blatant.

It'd be interesting to find out how many copies were bought by Goldman Sachs, Citicorp, JP Morgan, etc.   

Sun, 01/05/2014 - 01:39 | 4301177 PT
PT's picture

Bingo.

Sun, 01/05/2014 - 15:03 | 4302033 Notarocketscientist
Notarocketscientist's picture

Why bother when all you have to do is funnel cash to politicians via lobbyists --- and your bribery is completely legal.

Sat, 01/04/2014 - 22:16 | 4300852 Johnny Cocknballs
Johnny Cocknballs's picture

I hope you aren't a neurosurgeon...

; 0)

Sun, 01/05/2014 - 02:45 | 4301231 Parrotile
Parrotile's picture

No, Physician not Surgeon (though I think I might have a copy of the Reader's Digest Guide to DIY Neurosurgery in the attic - ;-] )

Sun, 01/05/2014 - 09:47 | 4301419 Omen IV
Omen IV's picture

What you speak to is one form of the scam - all of which can be summarized as "deferred compensation" for work performed on the "job".

this guy greenspan looked the other way when he had every Metric known and unknown to Man at his disposal with coercive mandates to get any data and he said he didnt know the Banks were committing Fraud - he made a mistake he said? Impossible!

Look Clinton is now worth $115 million and never was in a private business in his career - his honorariums for speaking are "deferred compensation" for work on the job: the WTO Treaty, cancellation of Glass-Steagall Act and the commodities and derivatives acts of 98 & 99' all of which allowed the CDO scam to occur and for the middle class to lose their jobs - $115 million for the trade against the banks and private equity making ....trillions!

same can be said for congress with lobbyist positions post election for insertions in coun tless pieces of legislation  - see guys like Dowd (CT) / Jon Kyl (AZ)

there is no solution to the scams - none  - 

Sat, 01/04/2014 - 21:06 | 4300692 Musashi Miyamoto
Musashi Miyamoto's picture

“ I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant” ? Alan Greenspan

Yet he wonders why people stopped reading.

Sat, 01/04/2014 - 21:14 | 4300709 NIHILIST CIPHER
NIHILIST CIPHER's picture

If anyone ever puts a book out there translating "fed speak" into regular english, gauranteed best seller. Hell they don't even understand the shit they spew.

Sat, 01/04/2014 - 21:43 | 4300760 Musashi Miyamoto
Musashi Miyamoto's picture

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said. - Alan Greenspan

Sat, 01/04/2014 - 22:48 | 4300926 Zero Point
Zero Point's picture

Just like anything that evil fuck Soros would write.

Do we really expect anything truthful (clear) from these people?

If they wrote the truth, it'd be an open confession to felony crimes on a massive scale.

They only put this shit out because it's expected of them I reckon.

 

Sat, 01/04/2014 - 21:14 | 4300711 stant
stant's picture

yellens will be 50 shades of hay ie out the back end of a horse of that name

Sat, 01/04/2014 - 21:13 | 4300714 10mm
10mm's picture

Fuck You you peppa nose mutha fucka.

Sat, 01/04/2014 - 21:22 | 4300728 Fix It Again Timmy
Fix It Again Timmy's picture

The book is sooo bad that it makes paper dollars look like a solid investment....

Sat, 01/04/2014 - 21:29 | 4300735 starman
starman's picture

BUUUUUUUUUUUUUUUUUUyAAAAAAAAAAAAAAAAAAA

Sat, 01/04/2014 - 21:30 | 4300737 pitz
pitz's picture

If only Greenspan and Cramer had joined SUKI (tm) while membership was actually affordable for old men.  Poor them.  They would not have suffered deflation.  SUKI (tm), The New World Religion (tm) -- major international religion.

Sat, 01/04/2014 - 21:37 | 4300754 Ralph Spoilsport
Ralph Spoilsport's picture

There were two copies of Greenspan's book in the "free" bin at the Quarryville, PA library today. They were there last week too.

Sat, 01/04/2014 - 21:41 | 4300757 williambanzai7
williambanzai7's picture

You CAN judge a book my its cover.

Sat, 01/04/2014 - 21:52 | 4300786 Ralph Spoilsport
Ralph Spoilsport's picture

One review is titled "Delusional ramblings of a senile banker"!

Sun, 01/05/2014 - 03:12 | 4301245 akak
akak's picture

"Stimulating!" says the American Prune Growers Association.

"It'll really move you", according to noted proctologist Harry Rectum.

"So engrossing, I was tempted to throw it through a window!" -- Paul Krugman, PhD

"A fascinating descent into the bowels of central banking" says the Junior Maestro League of New York City.

"All I ever needed to know about being the chairman of the Fed, I could have learned in this book (or in kindergarten)"  -- Benjamin Shalom Bernanke

Sat, 01/04/2014 - 21:47 | 4300768 buzzsaw99
buzzsaw99's picture

Even the maggots are tired of Greedscum's schtick. Just die already.

Sat, 01/04/2014 - 21:49 | 4300783 pupdog1
pupdog1's picture

It could be worse.

At least I'm not Andria.

Or Mrs. Boohaah.

Eewwwwwwwwww.

Sat, 01/04/2014 - 22:02 | 4300809 bugs_
bugs_'s picture

when he says carefully he means to be careful with your insider info

Sat, 01/04/2014 - 22:12 | 4300845 syntaxterror
syntaxterror's picture

Piece of shit was MUCH better at CTRL+PRINTing money.

Sat, 01/04/2014 - 22:19 | 4300854 Pseudonymous
Pseudonymous's picture

It also says "Members save an extra 10%" on both books. Members of what? Is it the club, the tribe, or something else?

Or do those groups get other discounts?

What happens if the "zero lower bound" is reached?

Who holds the rights to print more of the books?

What's their policy regarding review scores? Will they implement nominal review score targeting?

Which one do they view as a more relevant metric: stock of books or monthly flow?

What about fees at libraries for borrowing the books? Will we see negative fees?

Shouldn't potential readers have some reassurance and guidance about the future prices and/or discount rates for such books?

Sat, 01/04/2014 - 22:27 | 4300875 Skateboarder
Skateboarder's picture

Barnes & Noble. I used to be a member.

Sat, 01/04/2014 - 22:21 | 4300857 Caviar Emptor
Caviar Emptor's picture

Greenspan's "Goldilocks" was in reality the earliest phase of nascent Biflation. A situation where inflation stoked by monetary mega expansion was balanced with relentless wage deflation, off shoring of jobs, and capital concentration by the mega rich. The Maestro engineered the destructive force eating away at the economy

Sat, 01/04/2014 - 22:26 | 4300878 Johnny Cocknballs
Johnny Cocknballs's picture

The reviews(via android kindle app) for Greenghoul's most recent exercise in economic onanism are pretty interesting.

'Interesting' in that I had this sense of a complete lack of surprise that several used the phrase "not worth reading."

P.S. I think ZH should have "Krugman Week" once a year - a kind of Shark Week for economics bloggers.... a concerted effort to expose that dangerous charlatan for what he is: a....um... dangerous charlatan.

He is also a fucking Cylon.

 

 

Sat, 01/04/2014 - 22:38 | 4300898 kridkrid
kridkrid's picture

That's actually a fantastic idea.

Sun, 01/05/2014 - 14:34 | 4301953 U4 eee aaa
U4 eee aaa's picture

I don't think he's worth wasting a week on. This site does too much important work. Maybe a weekend

Sat, 01/04/2014 - 22:47 | 4300914 Element
Element's picture

Shouldn't that waste of a forest be in bargain-bins already?

Maybe they'll burn them to keep warm tomorrow ... along with the AGW paperback forest.

Sat, 01/04/2014 - 22:46 | 4300917 PeaBird
PeaBird's picture

Greenspan's publishers won't be able to give this sh!t away for free.

Humans don't always 'add value' to the raw materials we use to produce things with. Often times, we do the opposite, and 'destroy value' to the raw materials, by producing things that are useless or undesirable. Just look at what Soviet era Russia & the eastern block European countries, manufactured...remember the Trabant?: http://content.time.com/time/specials/2007/article/0,28804,1658545_1658533_1658030,00.html

It is obvious that Mr. Greenspan's book falls into this category of value destruction...because the book is worth less than the trees used to create its paper pages. In other words, Mr. Greenspans thoughts pollute the pages so much, as to make the entire book undesirable.

Sun, 01/05/2014 - 10:24 | 4301463 Hey Assholes
Hey Assholes's picture

“Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.”

Ludwig von Mises

Sun, 01/05/2014 - 14:45 | 4301983 U4 eee aaa
U4 eee aaa's picture

LOL! I was seeing some old East German commercials the other day ( I like to look at that old stuff to see where we are heading) featuring the Trabant and the Wartburg (not so subtle tribute to Warburg?). Even in East Germany the marketers make the car out to be something it is not

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

Sat, 01/04/2014 - 23:16 | 4300978 stinkhammer
stinkhammer's picture

you think andrea let alan the geezer stick it in her butt?

Sun, 01/05/2014 - 15:31 | 4302101 akak
akak's picture

Reptiles have a cloaca, not a separate anus and urethra.

But yeah, probably.

Sat, 01/04/2014 - 23:30 | 4300988 Promethus
Promethus's picture

I remember when the Maestro was on the cover of Time as a member of the Trio Team to Save the World - Rubin and Summers being the other saviors. The only thing that has deflated more than Alan's book is the reputation of this trio. This is good deflation like the late 19th century.

Sat, 01/04/2014 - 23:48 | 4301022 KickIce
KickIce's picture

The bastards will probably use this to justify more QE.

Sun, 01/05/2014 - 00:21 | 4301075 el Gallinazo
el Gallinazo's picture

Do the pages flush better than the Zimbabwe trillion dollar note, or do they clog up your plumbing?

Sun, 01/05/2014 - 01:47 | 4301184 Rising Sun
Rising Sun's picture

Most financial media is fucking useless.

 

Finanical media for the most part provides no tradeable/ invest-able information.

 

And when the do, they're often wrong - financial media is targeted to the masses and the masses are often targeted as bag holders at market tops.

 

As far as these dogshit books go, save your money - there's no magic formula - investing/trading is a learned skill that takes practice.

 

You don't learn how to play football watching old Vince Lombardi movies.

Sun, 01/05/2014 - 01:50 | 4301187 Seer
Seer's picture

"or as the Princeton economics department would say, an annualized deflation rate of #Ref!"

Just had to drop in to comment on the fact that this made me laugh pretty hard.

Sun, 01/05/2014 - 05:38 | 4301323 Notarocketscientist
Notarocketscientist's picture

I saw it packaged with a free Air Supply CD for 2.99 in Walmart

Sun, 01/05/2014 - 07:31 | 4301354 Fix It Again Timmy
Fix It Again Timmy's picture

My Walmart has it packaged with Milli Vanilli CD's and will PAY you $10 to get this shit outta da store....

Sun, 01/05/2014 - 08:02 | 4301356 Peter Pan
Peter Pan's picture

Where are the Nazis and their book burning when you need them? This would be the one case where it is justified.

Sun, 01/05/2014 - 07:40 | 4301358 Peter Pan
Peter Pan's picture

It is said that when Greenspan was born, that they threw out the baby and kept the afterbirth.

Sun, 01/05/2014 - 07:44 | 4301360 Peter Pan
Peter Pan's picture

When Greenspan turned 5 his parents ran away from home.

Sun, 01/05/2014 - 07:45 | 4301361 Peter Pan
Peter Pan's picture

His parents used to hang sausages around his neck to make the dog play with him.

Sun, 01/05/2014 - 14:51 | 4301995 U4 eee aaa
U4 eee aaa's picture

Didn't work......but the rats played with him and that was a very important development in his future career path

Sun, 01/05/2014 - 08:15 | 4301372 Peter Pan
Peter Pan's picture

By the way check out his rating on Amazon. It's not even 2.5 stars.

Sun, 01/05/2014 - 08:14 | 4301373 Peter Pan
Peter Pan's picture

You will learn more and be happier by reading in between the lines of his new book.

If you can't see anything there ....you have succeeded.

Sun, 01/05/2014 - 08:22 | 4301376 negative rates
negative rates's picture

You better just stick to your day job.

Sun, 01/05/2014 - 08:41 | 4301390 Peter Pan
Peter Pan's picture

Who are the two greatest Jewish prophets?

 

Scroll down for answer.....

\

 

 

 

 

Gross profit and net profit.

Sun, 01/05/2014 - 08:57 | 4301403 negative rates
negative rates's picture

What is the greatest nation?

Scroll down for answer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Imagination!

Sun, 01/05/2014 - 09:50 | 4301425 Peter Pan
Peter Pan's picture

I hope you haven't lost your day job as well. LOL.

Sun, 01/05/2014 - 08:40 | 4301386 thunderchief
thunderchief's picture

His book title is so 12 year old boy scout.  Shows you where his mind is going.

How about something more fantasy driven, like the contents.

Treasury Island?

Sun, 01/05/2014 - 08:43 | 4301394 Peter Pan
Peter Pan's picture

If fantasy includes bullshit....I agree.

Sun, 01/05/2014 - 09:54 | 4301431 RealityCheque
RealityCheque's picture

Weight for weight, that's cheaper than toilet paper.

Wipe on!!

Sun, 01/05/2014 - 10:39 | 4301478 Max Cynical
Max Cynical's picture

Amazon Best Sellers Rank: #44,533 in Kindle Store

Sun, 01/05/2014 - 10:57 | 4301527 no more banksters
no more banksters's picture

"At the beginning of last decade, when the towers of the World Trade Center collapsed during 9/11 attacks, the market suffered the biggest drop in history. Two weeks later, the “Enron” scandal revealed, and quickly became clear, that this was just the tip of the iceberg of a massive fraud from the corporations. Since the early 90s, many major companies were presenting fake profits, hiding their debts, with the help of the largest accounting firms. The paradox is that in the mid 90s, Greenspan had already realized that something was wrong with the economy, but ultimately convinced himself that computers were increasing the productivity in novel ways, too new to be detected in the data."

http://failedevolution.blogspot.gr/2012/07/the-illusion-of-self-regulati...

Sun, 01/05/2014 - 11:25 | 4301601 QQQBall
QQQBall's picture

no one could have known

Sun, 01/05/2014 - 12:12 | 4301685 Papasmurf
Papasmurf's picture

This is one instance where printing didn't work for Alan.

Sun, 01/05/2014 - 12:54 | 4301778 The Invisible Foot
The Invisible Foot's picture

Ahh, com-on OP, stop picking on the shriveled up nut sack and let him play with his animal spirits.

Sun, 01/05/2014 - 13:23 | 4301833 I Write Code
I Write Code's picture

Is this the one with the Dragon and a magic ring?

Sun, 01/05/2014 - 17:37 | 4302459 Spungo
Spungo's picture

Cramer's a really smart guy, but he's not very good at explaining what he's doing, how long, what the risks are, etc. He makes thousands of trades per month. He'll buy something, hold it for a day, then sell it, but he doesn't tell anyone when he is selling. He also didn't stress how risky it is to invest in a company that may or may not go bankrupt, depending on what the government does. Cramer bet on Bear Stearns and lost. Warren Buffet bet on other financial institutions and the government bailed him out, making tremendous profits. We say Cramer is an idiot while Buffet is brilliant even though they're doing the same high risk gambling.

Mon, 01/06/2014 - 17:13 | 4305513 Darkside
Darkside's picture

It will be in the $1 stores in no time.

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