I think this is the beginnings of an economy based on perpetual growth and fossil fuel energy running headlong into geological energy constraints. Basically I see an undulatory downward path for the rest of my life. From here out, I think any rallies in our economic condition are going to be met with spiking commodity prices that knock us right back down.
Posted: Fri Oct 10, 2008 2:29 pm Post subject: Re: US Markets Friday, 10-10-2008
emersonbiggins wrote:
How many shares of U.S. Steel did Mr. Whitney buy again? And he paid WHAT for them!?
Not as many and damn sure not as much as Paulson bought today! _________________ Nothing is more dangerous than a man with nothing left to lose but has everything left to gain.
Posted: Fri Oct 10, 2008 2:44 pm Post subject: Re: US Markets Friday, 10-10-2008
i was watching the markets when they first opened at work and there's no way you can convince me that that brutal plummet just reversed itself on its own, that it was just a bounce. and now this crap at the end? yeah right!
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