| Author |
Message |
 Topic: Treasury to buy bank stocks |
ColossalContrarian
Replies: 11
Views: 361
|
 Forum: Economics & Finance Posted: Fri Oct 10, 2008 10:18 pm Subject: Re: Treasury to buy bank stocks |
| Does this mean the people who started this mess will get even more money? |
| Topic: Deflation It Is |
ColossalContrarian
Replies: 20
Views: 1052
|
Forum: Economics & Finance Posted: Fri Oct 10, 2008 3:59 pm Subject: Re: Deflation It Is |
| ALRITE, I will reluctently, admit this looks like deflation. But just wait, me and all the other inflation believers will get our day in the sun. After you deflationist are done laughing it up you bet ... |
| Topic: Crashing? |
ColossalContrarian
Replies: 58
Views: 3424
|
Forum: Economics & Finance Posted: Thu Oct 09, 2008 6:16 pm Subject: Re: Crashing? |
The only thing is this doesn't seem to have anything
to do with peak oil. The guys at housingbubbleblog have
been predicting this for years just like people on this
site and they aren't peak oiler ... |
| Topic: Dow 7000? |
ColossalContrarian
Replies: 22
Views: 1128
|
Forum: Economics & Finance Posted: Thu Oct 09, 2008 4:14 pm Subject: Re: Dow 7000? |
Look at this chart. http://stockcharts.com/charts/historical/djia1900.html
People actually thought that this kind of BS growth was sustainable. Just goes to show you, that people REALLY are stupi ... |
| Topic: $2 Trillion Lost in Pension Funds |
ColossalContrarian
Replies: 60
Views: 1943
|
Forum: Economics & Finance Posted: Tue Oct 07, 2008 10:01 pm Subject: Re: $2 Trillion Lost in Pension Funds |
On the plus side, some stocks are currently very cheap.
Investors have been throwing out the baby with the bathwater and smart investors are going to get rich off of this.
I'm going to wait a ... |
| Topic: The Fed's Deflationary Playbook |
ColossalContrarian
Replies: 7
Views: 295
|
Forum: Economics & Finance Posted: Tue Oct 07, 2008 7:03 pm Subject: Re: The Fed's Deflationary Playbook |
Personally I believe that we can't have deflation because of the huge supply of dollars outstanding....
If there are so many available dollars why are banks hording dollars?
What this means ... |
| Topic: $2 Trillion Lost in Pension Funds |
ColossalContrarian
Replies: 60
Views: 1943
|
Forum: Economics & Finance Posted: Tue Oct 07, 2008 2:27 pm Subject: Re: $1 Trillion Lost in Pension Funds |
The Government and the Economists learned thier lesson in the great depression and its associated deflation. They will not allow deflation this time around.
If $2 Trillion disappears out of the sy ... |
| Topic: Oh The Irony |
ColossalContrarian
Replies: 24
Views: 1286
|
Forum: Current Events Posted: Tue Oct 07, 2008 1:17 pm Subject: Re: Oh The Irony |
Let it be known that I think the cheap oil we are seeing now is quite possibly the WORST thing that could happen to a finite resource in its silver years.
I agree completely and as Simons would s ... |
| Topic: Why clear off your debt? |
ColossalContrarian
Replies: 63
Views: 1786
|
Forum: Economics & Finance Posted: Tue Oct 07, 2008 1:03 pm Subject: Re: Why clear off your debt? |
| Unlike borrowing from a friend, when you borrowed from the bank, it didn't lend you anything that belonged to the bank, and it didn't lend you anything that belonged to any of it's depositors. So the ... |
| Topic: It's BUNKER time !!! |
ColossalContrarian
Replies: 186
Views: 14402
|
Forum: Economics & Finance Posted: Tue Oct 07, 2008 11:05 am Subject: Re: It's BUNKER time !!! |
dang - and i thought the "leave no banker behind" bailout was working this morning...
dow in the red again.
fed to buy more shlT sandwiches...
all is good.
The fed keeps buying crap sandwi ... |
| Topic: The 2008 PO.com Oil Price Challenge Oct 7 |
ColossalContrarian
Replies: 238
Views: 23466
|
Forum: Economics & Finance Posted: Tue Oct 07, 2008 6:50 am Subject: Re: The 2008 PO.com Oil Price Challenge Sept 30 |
This will be an exciting fourth quarter football fans!
Oh wait this isn’t football… |
| Topic: Villains of Wall Street |
ColossalContrarian
Replies: 25
Views: 1192
|
Forum: Economics & Finance Posted: Mon Oct 06, 2008 7:12 pm Subject: Re: Villains of Wall Street |
| [url=http://www.cbsnews.com/stories/2008/10/05/60minutes/main4502454.shtml]CBS - A Look At Wall Street's Shadow Market |
| Topic: It's BUNKER time !!! |
ColossalContrarian
Replies: 186
Views: 14402
|
Forum: Economics & Finance Posted: Mon Oct 06, 2008 6:45 am Subject: Re: It's BUNKER time !!! |
I disagree about the gold part, Rocc.
A $25 gain is still a relatively small percent gain.
Overall, gold has underreacted, fantastically, to the unfolding epic events. That could change, but so ... |
| Topic: Are FICO scores becoming irrelevant? |
ColossalContrarian
Replies: 31
Views: 2102
|
Forum: Economics & Finance Posted: Sun Oct 05, 2008 9:31 am Subject: Re: Are FICO scores becoming irrelevant? |
| Maybe we should be paying for things in advance (like rent and utilities, waiting to purchases goods until we have the money) but if anyone here believes the FICO score or credit in general is going t ... |
| Topic: Peter Schiff 10-1-08 |
ColossalContrarian
Replies: 47
Views: 2157
|
Forum: Economics & Finance Posted: Sun Oct 05, 2008 9:07 am Subject: Re: Peter Schiff 10-1-08 |
Oh man, I saw this one with Schiff and Laffer from 2006.
Incredible. Laffer is such a fool.
He wanted to bet Petter a penny that there wouldn't be a recession. |
| |
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