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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 | Link to Comment The Shootist
The Shootist's picture

He's the deformed shield traitor from 300.

Sat, 01/04/2014 - 20:52 | Link to Comment max2205
max2205's picture

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

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

Alan Greenspan is fiine!!

Sat, 01/04/2014 - 21:04 | Link to Comment nmewn
nmewn's picture

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

Sat, 01/04/2014 - 22:13 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment akak
akak's picture

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

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

"I'm from MFGlobal. Trust me."

Sun, 01/05/2014 - 00:56 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment SAT 800
SAT 800's picture

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

Sun, 01/05/2014 - 01:29 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment monoloco
monoloco's picture

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

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

probly clog yer terlot too

Sat, 01/04/2014 - 23:41 | Link to Comment 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 | Link to Comment 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 | Link to Comment ArkansasAngie
ArkansasAngie's picture

If I gave a rats arse

Sat, 01/04/2014 - 20:47 | Link to Comment 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 | Link to Comment the0ther
the0ther's picture

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

Sat, 01/04/2014 - 20:59 | Link to Comment 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 | Link to Comment 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 | Link to Comment NoDebt
NoDebt's picture

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

Sat, 01/04/2014 - 21:52 | Link to Comment RaceToTheBottom
RaceToTheBottom's picture

Even worse, he plays tennis.

He probably wears those head sized eyeglasses

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

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

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

Mr Magoo eyeglasses and Jack the Ripper shorts

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

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

Sat, 01/04/2014 - 23:20 | Link to Comment 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 | Link to Comment akak
akak's picture

And he doesn't look a day over 102!

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

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

Sat, 01/04/2014 - 21:03 | Link to Comment fijisailor
fijisailor's picture

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

Sat, 01/04/2014 - 21:05 | Link to Comment NoDebt
NoDebt's picture

You overpaid.

Sat, 01/04/2014 - 21:07 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment PT
PT's picture

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

Sat, 01/04/2014 - 21:41 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment yrbmegr
yrbmegr's picture

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

Sat, 01/04/2014 - 21:05 | Link to Comment 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 | Link to Comment 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 | Link to Comment PT
PT's picture

Bingo.

Sun, 01/05/2014 - 15:03 | Link to Comment 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 | Link to Comment Johnny Cocknballs
Johnny Cocknballs's picture

I hope you aren't a neurosurgeon...

; 0)

Sun, 01/05/2014 - 02:45 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 10mm
10mm's picture

Fuck You you peppa nose mutha fucka.

Sat, 01/04/2014 - 21:22 | Link to Comment 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 | Link to Comment starman
starman's picture

BUUUUUUUUUUUUUUUUUUyAAAAAAAAAAAAAAAAAAA

Sat, 01/04/2014 - 21:30 | Link to Comment 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 | Link to Comment 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 | Link to Comment williambanzai7
williambanzai7's picture

You CAN judge a book my its cover.

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

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

Sun, 01/05/2014 - 03:12 | Link to Comment 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 | Link to Comment buzzsaw99
buzzsaw99's picture

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

Sat, 01/04/2014 - 21:49 | Link to Comment pupdog1
pupdog1's picture

It could be worse.

At least I'm not Andria.

Or Mrs. Boohaah.

Eewwwwwwwwww.

Sat, 01/04/2014 - 22:02 | Link to Comment bugs_
bugs_'s picture

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

Sat, 01/04/2014 - 22:12 | Link to Comment syntaxterror
syntaxterror's picture

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

Sat, 01/04/2014 - 22:19 | Link to Comment 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 | Link to Comment Skateboarder
Skateboarder's picture

Barnes & Noble. I used to be a member.

Sat, 01/04/2014 - 22:21 | Link to Comment 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 | Link to Comment 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 | Link to Comment kridkrid
kridkrid's picture

That's actually a fantastic idea.

Sun, 01/05/2014 - 14:34 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment stinkhammer
stinkhammer's picture

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

Sun, 01/05/2014 - 15:31 | Link to Comment akak
akak's picture

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

But yeah, probably.

Sat, 01/04/2014 - 23:30 | Link to Comment 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 | Link to Comment KickIce
KickIce's picture

The bastards will probably use this to justify more QE.

Sun, 01/05/2014 - 00:21 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Peter Pan
Peter Pan's picture

When Greenspan turned 5 his parents ran away from home.

Sun, 01/05/2014 - 07:45 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment negative rates
negative rates's picture

You better just stick to your day job.

Sun, 01/05/2014 - 08:41 | Link to Comment 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 | Link to Comment negative rates
negative rates's picture

What is the greatest nation?

Scroll down for answer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Imagination!

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

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

Sun, 01/05/2014 - 08:40 | Link to Comment 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 | Link to Comment Peter Pan
Peter Pan's picture

If fantasy includes bullshit....I agree.

Sun, 01/05/2014 - 09:54 | Link to Comment RealityCheque
RealityCheque's picture

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

Wipe on!!

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

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

Sun, 01/05/2014 - 10:57 | Link to Comment 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 | Link to Comment QQQBall
QQQBall's picture

no one could have known

Sun, 01/05/2014 - 12:12 | Link to Comment Papasmurf
Papasmurf's picture

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

Sun, 01/05/2014 - 12:54 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Darkside
Darkside's picture

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

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