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Biderman Sees Post-Facebook Euphoria Rally Fading Quickly To Dysphoria

Tyler Durden's picture





 

Supply and Demand are what drive share prices in the stock market and Chrales Biderman of TrimTabs takes to task the plethora of complicating factors that are run in front of our eyes day after day on why we should be buying stocks. While he is short-term bullish, expecting a 2-3% jolt to stocks on post-Facebook IPO euphoria (as selling positions to fund the IPO allocation will fade), he remains medium-term bearish with an eye for being short stocks and long gold. His discussion of Stock Trading 101 is noteworthy and fits somewhat with our incessant annoyance at the money-on-the-sidelines ignorance that remains among so-called professionals who seem to remain ignorant of the closed-loop nature of buyers and sellers in the financial markets - leaving the important driver of market movements not earnings or macro-data explicitly but the buybacks (or lack thereof) of corporations (and money flow). An interesting alternate perspective.

 

 


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Wed, 05/16/2012 - 23:07 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Buy why would private banks and MSM try to convince people to part with their money?

Wed, 05/16/2012 - 23:15 | Link to Comment SilverTree
Wed, 05/16/2012 - 23:30 | Link to Comment Oh regional Indian
Oh regional Indian's picture

To justify the tag (hah), someone calculated the "Price" per FB user, it was some hilarious figure.

I can imagine all those phantom accounts clicking many many adz. It's going to be quite somethign to watch and see how long they can keep this charade going.

I mean, c'mon GROPEON just declared a profitable quarter. What are you going to do/say about that, eh? Eh?

If Gropeon and Linkedin Can, surely, surely FB can too.

Internet 2.0. Yeah!

ori

world

Wed, 05/16/2012 - 23:40 | Link to Comment CharlieSDT
CharlieSDT's picture

I can't wait to buy puts on this garbage valuation.  On a long enough timeline Facebook is a piece of shit investment.

 

www.singledudetravel.com

Thu, 05/17/2012 - 00:24 | Link to Comment iDealMeat
iDealMeat's picture

I think we're

Thu, 05/17/2012 - 00:31 | Link to Comment CharlieSDT
CharlieSDT's picture

Last year Facebook had $3.8 billion in revenue, not profit, just revenue. We don’t know how profitable Facebook is because it’s a private company. Let’s say Facebook’s executive team is absolutely stellar and they have even better margins than Google with 27.5% (Google achieved 25.7% profit margin in 2011). That would mean they earned $1.045 billion in profit which would imply a P/E ratio of 95.7 and a return of only a little over 1% on your investment.  That's a pretty bad investment which does not begin to keep pace with inflation.

 

But of course on Friday, there will be a mass IPO hysteria and all sorts of retards will bid the stock up to ridiculous levels, and yes, Facebook will reach and probably exceed that 100 billion valuation. Then I will wait impatiently for a week or two for people to write some puts. On a long enough timeline, I guarantee you, Facebook is a losing investment and I can’t wait to take the other side of that bet.

 

http://www.singledudetravel.com/2012/05/why-facebook-isnt-worth-100-bill...

Thu, 05/17/2012 - 01:54 | Link to Comment Fish Gone Bad
Fish Gone Bad's picture

Facebook actually frightens me. 

Thu, 05/17/2012 - 02:02 | Link to Comment Oh regional Indian
Oh regional Indian's picture

From the larger perspective, Facebook is Frightening. More than Goog too because here it's ALL personal.

ori

Thu, 05/17/2012 - 03:31 | Link to Comment Sudden Debt
Sudden Debt's picture

It actually is. They need the revenue and all they have is all your personal data. Ethics will crumble.

Thu, 05/17/2012 - 04:01 | Link to Comment GenXer
GenXer's picture

+100

Thu, 05/17/2012 - 04:40 | Link to Comment Element
Element's picture

This song sums it up:

Joe Jackson - Jack you're dead!

http://www.youtube.com/watch?feature=player_detailpage&v=x6GbmrYud58

Thu, 05/17/2012 - 08:14 | Link to Comment jerry_theking_lawler
jerry_theking_lawler's picture

FB IPO is not meant to make sense or make money (well not for investors).....it is meant to be another means to support the .gov...this time of California. The huge IPO will bring in much needed revenues to Cali.

Fri, 05/18/2012 - 00:08 | Link to Comment JackT
JackT's picture

Facebook Failing is a threat to National Security.

Thu, 05/17/2012 - 07:32 | Link to Comment AmCockerSpaniel
AmCockerSpaniel's picture

Gender dysphoria can be treated by buying FaceBook shares;  Is that what you are saying?

Wed, 05/16/2012 - 23:47 | Link to Comment pleseus
pleseus's picture

Facebook is a fad that will fade.

Thu, 05/17/2012 - 00:33 | Link to Comment palmereldritch
palmereldritch's picture

 Fadebook?

Thu, 05/17/2012 - 05:14 | Link to Comment franzpick
franzpick's picture

PhaseBook.

Thu, 05/17/2012 - 05:52 | Link to Comment LongSoupLine
LongSoupLine's picture

Putsbook

Thu, 05/17/2012 - 14:49 | Link to Comment Sokhmate
Sokhmate's picture

Fecebook

Thu, 05/17/2012 - 00:09 | Link to Comment Blammo
Blammo's picture

Buy Zuckheads company on the fucking dip

 

Wed, 05/16/2012 - 23:41 | Link to Comment SilverTree
SilverTree's picture

"Where there is smoke, there is FIRE!"

Thu, 05/17/2012 - 00:35 | Link to Comment palmereldritch
palmereldritch's picture

Karma's an MF bitch

Thu, 05/17/2012 - 02:37 | Link to Comment xtop23
xtop23's picture

There's more where that came from. I think we are far from seeing how deep this rabbit hole is.

Wed, 05/16/2012 - 23:28 | Link to Comment phungus_mungus
phungus_mungus's picture

How the fuck is facebook worth $125 Billion?

Are these idiots smoking crack or just trying to fuelth e next tech bubble? 

God please, sombody stop the world I wanna get off now... 

 

Thu, 05/17/2012 - 00:24 | Link to Comment candyman
candyman's picture

you will make your millon buying puts

Thu, 05/17/2012 - 04:12 | Link to Comment Unique Snowflake
Unique Snowflake's picture

“The junk merchant doesn't sell his product to the consumer, he sells the consumer to his product. He does not improve and simplify his merchandise. He degrades and simplifies the client.”

The visionary William Burroughs.

Thu, 05/17/2012 - 09:52 | Link to Comment BorisSDT
Wed, 05/16/2012 - 23:10 | Link to Comment dwdollar
dwdollar's picture

My wife saw someone get a 9k cash advance to buy this shit. This is going to be a massacre for retail smucks.

Wed, 05/16/2012 - 23:09 | Link to Comment Banksters
Banksters's picture

Facebook sucks.  People who pretend to have 394003 friends are full tilt retards.    

 

When people realize that they spent 50 percent of their leisure time jackin it to porn and facebook, they'll probably need more psych meds.

Wed, 05/16/2012 - 23:11 | Link to Comment spooncutter
spooncutter's picture

i foresee a facebook/youporn merger

Wed, 05/16/2012 - 23:17 | Link to Comment vast-dom
vast-dom's picture

you meant: grouporn not to be confused with groupon, yet another vapor-co¿

Wed, 05/16/2012 - 23:18 | Link to Comment Solarman
Solarman's picture

Faceporn?

Wed, 05/16/2012 - 23:44 | Link to Comment PersonalRespons...
PersonalResponsibility's picture

Youpalm.

Wed, 05/16/2012 - 23:10 | Link to Comment Manthong
Manthong's picture

A number of us called it a while ago.. the IPO and follow-up has a chance of being “Iconic” in a not so good way.

Thu, 05/17/2012 - 01:45 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Iconic to Ironic in three easy steps?

ori

Wed, 05/16/2012 - 23:12 | Link to Comment Trimmed Hedge
Trimmed Hedge's picture

So, FB = Strong Buy..??

Wed, 05/16/2012 - 23:15 | Link to Comment dwdollar
dwdollar's picture

Where the fuck is the growth going to come from? It's already used by anyone who WANTS to use it. Everybody else hates the fucking thing. There ain't a person with a connection to the internet who hasn't heard of it. If they haven't been able to capitalize on advertising by now, going public isn't going to help.

Wed, 05/16/2012 - 23:46 | Link to Comment PersonalRespons...
PersonalResponsibility's picture

So simple

So true

Thu, 05/17/2012 - 08:41 | Link to Comment PivotalTrades
PivotalTrades's picture

Now you know why insiders are selling!

Wed, 05/16/2012 - 23:13 | Link to Comment world_debt_slave
world_debt_slave's picture

I've been there an back, what else is thier to say?

Wed, 05/16/2012 - 23:15 | Link to Comment wretch
wretch's picture

Biderman in his jammies already?

Wed, 05/16/2012 - 23:17 | Link to Comment Atomizer
Atomizer's picture

Too funny. Just creating my post on this subject.. Nice job Tyler.

 

Biderman’s Daily Edge 5/16/2012: Why Stocks Could Rally but Only for Short Term 

Global systemic crisis / Second half of 2012 – Convergence of four explosive factors: Banks-Stock Exchanges-Pensions-Debts 

I’m giving my FB stock purchase 3-5 days.  Using Ghostery & Abine blocks me from the stupidity of their goal. When the stock bag holders beg for more revenues, Fuckface will sell private data to violate their customer privacy agreement. Poof goes the weasel.

 

Enjoy the ride..

Thu, 05/17/2012 - 01:59 | Link to Comment Fish Gone Bad
Fish Gone Bad's picture

Fuckface will sell private data to violate their customer privacy agreement.

Actually the goverment already has a way into the back end.  All those privacy concerns went out the window a long time ago.

Wed, 05/16/2012 - 23:17 | Link to Comment chump666
chump666's picture

and it remains to be seen if the Fed can plug the liquidity hole if a China meltdown is on, and it looks like it's on:

0223 GMT [Dow Jones] "We are watching very closely if the bumpy landing is turning into a hard one," Societe Generale says,

Wed, 05/16/2012 - 23:18 | Link to Comment Dr. Gonzo
Dr. Gonzo's picture

I have yet to log on to that stupid ass website. I laugh my ass off at the losers who actually talk about what they posted on facebook as if it was actually funny and interesting or relevent.

Wed, 05/16/2012 - 23:31 | Link to Comment Joe The Plumber
Joe The Plumber's picture

Facebook gets me laid

You can find old high school girlfriends and fuck them. It is worth it just for that alone. I got to fuck my first high school girlfriend for the first time. Waited 34 years for that. Working on my second high school girlfriend. She is married but i dont care

Wed, 05/16/2012 - 23:35 | Link to Comment Yohimbo
Yohimbo's picture

thats how a real asshole rolls

Wed, 05/16/2012 - 23:40 | Link to Comment Joe The Plumber
Joe The Plumber's picture

Hehe. If you quit giving it to your wife cuz you lost ur sex drive yes indeed an asshole like me is gonna come along and give her the attention and compliments and affection she deserves.

I am surprised how often it is the guy who loses interest in sex. Just dont be surprised by the consequences

Wed, 05/16/2012 - 23:47 | Link to Comment Yohimbo
Yohimbo's picture

Heh, bitches looking for random dick, facebook and morally bankrupt plumbing jigalos

yep this country is going to last another 1000 years.

 

Thu, 05/17/2012 - 04:21 | Link to Comment Unique Snowflake
Unique Snowflake's picture

17 years of school plus waiting 34 years makes for 'giving it to' a wrinkly old haggis. (no offence to any sexy 51yo women here) He can have them.

Oh,...and one more thing....Facebook IPO....rofl.

Thu, 05/17/2012 - 05:44 | Link to Comment tocointhephrase
tocointhephrase's picture

Fucking gross, to old prunes going for it, yuck!

Thu, 05/17/2012 - 03:20 | Link to Comment xtop23
xtop23's picture

Removed post because I realized I didn't give even half of a shit.

Bang away man.

 

 

Thu, 05/17/2012 - 06:00 | Link to Comment Inthemix96
Inthemix96's picture

Your some boy you joe eh?

Just on the off chance your not taking the piss, your on a website posting anonomous bullshit you fuck up.

Fuck me, he thinks hes on fucking facebook the stupid cunt.

Wed, 05/16/2012 - 23:21 | Link to Comment Alexandros
Alexandros's picture

The end of the world is near.

The ten plagues of Pharaoh “have been brought upon” the USA.

http://eamb-ydrohoos.blogspot.com/2010/02/ten-plagues-of-pharaoh.html

------

In order to abandon the USA, though, they have to solve another problem. They have to ensure the safety of Israel, something the USA had been doing until then. So, since they return to Europe, they have to “burden” it with the safety of Israel. They have to start planning carefully towards that end, so that Europe “invites” Israel to its “court”.

Authored by Panagiotis Traianou

Wed, 05/16/2012 - 23:21 | Link to Comment jarboejl
jarboejl's picture

Biderman is correct, but he's also buying FB. He says, "yes, they haven't figured out a way to monetize the iPhone, but they will." Oh, well, so long as that's settled.

He said this on Monday here:

http://www.youtube.com/watch?v=H9Twxv1V50s&feature=g-user-u

Wed, 05/16/2012 - 23:21 | Link to Comment Hulk
Hulk's picture

He must have read the zh comment yesterday that his shirt was shit...

Wed, 05/16/2012 - 23:24 | Link to Comment q99x2
q99x2's picture

FB put. I'd like to cancel short positions for a few days but am too lazy. It requires me to click about 6 times and type a little. Why would anyone buy FB in the next couple of days when they can buy it for less at the end of next week?

Wed, 05/16/2012 - 23:58 | Link to Comment PersonalRespons...
PersonalResponsibility's picture

Because, either you know what is going on or you don't.  This IPO might be a good sign as to what percentage of muppets are left in the general investing population.

 

Thu, 05/17/2012 - 02:03 | Link to Comment Fish Gone Bad
Fish Gone Bad's picture

The stock will move up due to laddering of trades.  Matt Tiabi wrote about this.

Wed, 05/16/2012 - 23:27 | Link to Comment Atomizer
Atomizer's picture

BTW, the only reason I’m going to buy this piece of shit stock..In case you missed!

Biderman’s Daily Edge 5/14/2012: Stocks & Gold Should Rally Post Facebook IPO

Wed, 05/16/2012 - 23:29 | Link to Comment The Real Fake E...
The Real Fake Economy's picture

you guys are speaking like there's any logic to the markets anymore.  it no longer makes sense - everything you were taught in finance class or about finance no longer applies.  

the american economy and retail investors are looking at this IPO like the thing that saves the american economy - can't wait til it blows up in everyone's faces.  

Thu, 05/17/2012 - 00:14 | Link to Comment DeadFred
DeadFred's picture

His thesis is that new money will go into this IPO so the whole market will go up. He's not saying why he thinks that money will be new and there are many scenarios where it might cause harm instead. Say you have 100K in your account, and because of the uncertainty you've gone to 20% cash. You want to buy 10K of FB so are you going to drop your cash position to 10K while Europe is dying? I wouldn't, I'd sell off 10K of some other stock, (a stock that's in an index which will drop). He's assuming the cash for the IPO was sold in the last few days prepping for the sale making 30K cash. Maybe he's got data to back it up but it's not how I would work it, not in this market.

Who knows maybe the Nasdaq algos will attack it like they did the BATS IPO. That would be a riot.

 

Wed, 05/16/2012 - 23:37 | Link to Comment Yohimbo
Yohimbo's picture

Facefuck IPO is the last mega blow out top for stupidity, afterwards the real pain begins.

Zuckerturd and JPM are finally releasing this turd to the frothing muppets eagerly waiting to hold the bag while the 

bedwetter Zuckerturd chuckles at the goyim all the way back to the gold vault under the synagogue.

Wed, 05/16/2012 - 23:49 | Link to Comment catch edge ghost
catch edge ghost's picture

I read somewhere the FDIC extended warranty on more than one trillion dollars is set to run out at the end of this year.  Where will that money go? Will it wait 'til the last second to go there? 

Short end of the curve much? 
Carry on.

Wed, 05/16/2012 - 23:50 | Link to Comment Youri Carma
Thu, 05/17/2012 - 07:56 | Link to Comment Morrotzo
Morrotzo's picture

It isn't just GM. Ford isn't advertising on it anymore, either.

 

See, when people are talking to friends and occasionally looking at a photo gallery of some hot piece of ass they aren't thinking "Hmm, I should click on that ad and buy a F-150 pickup truck." They are thinking some combo of "Oh, so that is where the party is" and "Nice tits!"

 

I have no idea how to really monetize Facebook beyond it being some glorified AdSense scheme. What is CIA-Book up to in "value" now, 110 billion?

They don't make anything nor do they sell anything yet they are"valued" at 110 billion. Holy fucking mackerel!

Wed, 05/16/2012 - 23:52 | Link to Comment MayerRothschild
MayerRothschild's picture

ZUCK: yea so if you ever need info about anyone at harvard
ZUCK: just ask
ZUCK: i have over 4000 emails, pictures, addresses, sns
FRIEND: what!? how’d you manage that one?
ZUCK: people just submitted it
ZUCK: i don’t know why
ZUCK: they “trust me”
ZUCK: dumb fucks

http://articles.businessinsider.com/2010-09-13/tech/30033368_1_ims-mark-zuckerberg-facebook-ceo#ixzz1v5zN9swN
Thu, 05/17/2012 - 00:35 | Link to Comment dwdollar
dwdollar's picture

It's easy to claim you're "mature" and "a good guy now" after you've made a billion and can live the rest of your life worrying about jack shit. Never mind how you got there and who you fucked in the process.

Thu, 05/17/2012 - 01:31 | Link to Comment MayerRothschild
MayerRothschild's picture

Too true...

Thu, 05/17/2012 - 00:09 | Link to Comment adr
adr's picture

Facebook revenue is valued at less than $1.25 per user, considering around 80% of Facebook users say they have never once spent a dime on the site, the actual revenue generated from users is almost nothing. Stupid Zynga games contributed nearly all of Facebook's user generated revenue. The rest came from ads that nobody ever cares to look at.

.001% of ads are clicked through on Facebook. The company has no real business model outside selling personal information. Facebook was created to monetize personal information people wouldn't give up willingly though other means. Fuckerberg "created" the platform so people would think they were sharing private info with friends, all while selling that info off to anyone who wants it. Most sheeple don't even know Facebook data isn't private at all. Anyone willing to pay for it can find out that there is a 22 year old girl in a town that likes x and even get her phone number and address. Sure Fuckerberg says he doesn't sell them your name, but do they really need it with every other bit of info they get.

What is sad is come Friday a whole crop of new billionaires and millionaires will be minted, based on nothing but the power of the Ponzi scheme. Retail investors will part with their cash and transfer it to the likes of Fuckerberg, just because they think; DUH FACEBOOK IS HUGE, EVERYONE IS ON IT.

You ask them, Yeah have you ever bought anything on Facebook? They always answer, no. Then you put the question out there, How can a company that doesn't produce anything of value be worth over $100 billion.

I pray Fuckerberg dies in a horrible accident celebrating his billion dollar birthday. At least that would give some satisfaction to everyone watching this trainwreck of a country.

Thu, 05/17/2012 - 05:54 | Link to Comment Inthemix96
Inthemix96's picture

Adr,

If I could have wrote what you wrote better I would have given it a shot. But since I can't have a plus one on me, spot on mate.

Thu, 05/17/2012 - 00:26 | Link to Comment SAME AS IT EVER WAS
SAME AS IT EVER WAS's picture

.

Thu, 05/17/2012 - 00:23 | Link to Comment SAME AS IT EVER WAS
SAME AS IT EVER WAS's picture

Facebook is short term, long term bullshit!
As far as price goes, how's MySpace doing these days?

Thu, 05/17/2012 - 00:57 | Link to Comment boeing747
boeing747's picture

If Facebook brought down Libya and half Syria, maybe it worths every penney of $100B in someone's eyes.

Thu, 05/17/2012 - 01:03 | Link to Comment chump666
chump666's picture

short squeeze is on, good for a few days.

Thu, 05/17/2012 - 01:12 | Link to Comment michael_engineer
michael_engineer's picture

Look at the Hubbert curve (http://www.theoildrum.com/node/7062)to see where Microsoft, Intel, Cisco, etc went public. There was still growth left in economies and reasonable debt burdens and forward looking investments were stronger as a result. Now we stand close to the downslope of that curve with huge debt loads. Does forward looking investment look anywhere near as promising?

Thu, 05/17/2012 - 01:10 | Link to Comment Memphis10
Memphis10's picture

Can't save the world, Just gotta kick up your feet and hope to buy some put's on this one. :/ Haven't heard this type of stock appetite since BAC was at 11.00... Oh wait. 'It'll come back". :(

Thu, 05/17/2012 - 01:39 | Link to Comment Clowns to the l...
Clowns to the left_ jokers to the right's picture

About a small pizza place's experience with FB advertising:

http://www.npr.org/blogs/money/2012/05/16/152736597/pizza-delicious-boug...

To sum it up, they spent about $240 on ads targeting 30,000 people, their ad showed up around 700,000 times. The result? They gained about 240 new FB fans and not one bit of new business. One person saw the ad and donated $10 to support their business.

We've all seen this show before, we all know how it ends, the only question is how many commercials we have to sit through until the credits roll.

Thu, 05/17/2012 - 02:12 | Link to Comment Fish Gone Bad
Fish Gone Bad's picture

Google has destroyed at least one business that I know (now knew) of.  The guy bought ads targeting people looking for silk screens.  People clicked the ads but did not buy, or did not buy enough to make him profitable.  The bill came due and the guy went bankrupt.

There is a way to advertise that will work.  Those who haven't figured it out might want to take the phrase, "No country for old men" to heart.

 

Thu, 05/17/2012 - 01:52 | Link to Comment Plumplechook
Plumplechook's picture

One word for those about to invest in Facebook:  MySpace

My 14 year old son and 12 year old daughter and their friends already consider it un-cool and are using other social media - and sometimes even meeting up in person(!).

Trust me - in three years time we will look back on this passing fad with the same mix of embarrassment and nostalgia we now have for Furbies and wife swapping. 

Thu, 05/17/2012 - 04:30 | Link to Comment Unique Snowflake
Unique Snowflake's picture

In person??? No fucking way!! ;-)

In Australia, the police are charging parents with 'allowing a child to be in public unaccompanied'. A bloke let his 9yo kid run in to a mall to pick up take away while he waited in the car. A suburban mall, not large, not in downtown Detroit......BAM! Down to the station with you fella. That's a crime in this country.

Thu, 05/17/2012 - 01:53 | Link to Comment Timmay
Timmay's picture

IF they could turn "likes" or activity into a type of currency that could be exchanged for goods, they might be on to something. Maybe so many "likes" gets you x number of shares of facebook and those shares could be held or exchanged for goods?

Maybe the more you use facebook then you could be awarded "Credits" and those credits would be redeemed with the producer meaning that "marketing" expenses are only paid at the time of sale through the redemption of the credits. Obviously Facebook is going to know what you like since you are going to tell it, it may be the most efficient way to market to people. It will be like a single hook versus a net. Producers pay no costs until time of sale and the cost is the discount on the good or service.

Facebook charges a fee when the credits are redeemed.

Hell, you could probably program the site to create a link anytime a product or store or service name is mentioned in a post with the ability to redeem the credit with a click right on the spot.

Oh, and once you reach a certain number of "clicks" on the links and so much product is sold, then it is "pay to play" to keep the party rolling just like Google.

Thu, 05/17/2012 - 02:03 | Link to Comment orangegeek
orangegeek's picture

All this continuing upside and growth to come.

 

Lots of talk and video, but little or no comment from the perspective of a chart.

 

http://bullandbearmash.com/chart/nasdaq100-daily-16-2012/

 

From the perspective of Elliott Wave, this is long term bearish.

Thu, 05/17/2012 - 02:22 | Link to Comment ebworthen
ebworthen's picture

Tom over at MySpace says to go "all-in" on this Facebook IPO.

"Can't fail" he says.

Thu, 05/17/2012 - 06:53 | Link to Comment ThirdWorldDude
ThirdWorldDude's picture

As long as there's sheep, there'll be sweaters.

Thu, 05/17/2012 - 02:53 | Link to Comment Nachdenken
Nachdenken's picture

The Facebok Bubble. 

At these valuations, once users pull back from having been "sold" what is left of value is the programme platform  and search machine listings. Infinite is here priced in, as in so much else.  Infinite demand for this social network concept.

Whjen the bubble bursts, the longs will correct with the Dow and all correlated trades and  exchanges.

Thu, 05/17/2012 - 03:04 | Link to Comment Olympia
Olympia's picture

When Barack Obama announced the US (2010) national budget for this year, we experienced unprecedented feelings. Never before had an imperialistic power moved them to pity. This is unthought-of. This year’s deficit is estimated to be $1.6 trillion and its foreign debt has gotten completely out of hand. It hits numbers that only mathematicians and astrophysicists knew existed few decades ago. There is no space for these numbers in the electronic boards so it is driven to add new elements on them.

 It all started with the big crisis of 1929. The American economy reached a deadlock because of its social "pathogenesis"; a deadlock that led it to economic crisis in a different - faster- pace than the rest of the industrial forces of that time. Important decisions had to be made - mostly social - and the Whites didn't like that, especially the Whites' rulers, the Anglo-Saxons.

 

www.eamb-ydrohoos.blogspot.com/2010/02/ten-plagues-of-pharaoh.html

Authored by Panagiotis Traianou

Thu, 05/17/2012 - 06:35 | Link to Comment Paul Thomason
Paul Thomason's picture

Is this guy actually conscious? Looks near death.

Thu, 05/17/2012 - 07:05 | Link to Comment Super Macro
Super Macro's picture

$100billion of complete FLUFF. Typical American in your face, give me a DOLLAR right now for doing F *** ALL. How many times we see this is quite exciting to watch. Facebook investment is even bigger than a Bernie Madoff investment. Good luck and see you all at $1 a share !

Thu, 05/17/2012 - 08:09 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

mut funds hedges and pension funds will pile in - they have been given the green light..PPT will be buying to make it so..memo from ben to the friends of ben.

Thu, 05/17/2012 - 08:18 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

fb is one more vehicle to ship FRN's into the economy via PPT buy support..those pension funds are looking enemic so ben prints and yada yada yada..facebook is a tool can you go along as well..

Thu, 05/17/2012 - 09:37 | Link to Comment unununium
unununium's picture

Biderman, Biderman.  Does whatever a Bider can.

Do NOT follow this link or you will be banned from the site!