CJJ

Why Another Stock Market Collapse Could Be Imminent

Who knew America had some many experts in Finance, Economics, Politics, Health Care, etc...All these seers of the future...

Hahaha, keep commenting....

A thousand years in the future the history books are going to just ridicule this era for all the senseless drivel of internet posting and blogs...

"The media is the protector of democracy"...
BS.."the media, blogging, internet commenting is the mechanism to spread mindless chatter and opinion."

Its all happening.

Why Another Stock Market Collapse Could Be Imminent

What a bunch of noise...You guys have a seat at the gambling table. A bunch of you complain that the games rigged, except you keep putting your chips in.

Listening to gamblers bitch and moan is fruitless...

Hey Mr. Graham, if we come back on November 1st 2009 and stocks haven't crashed will you never publish something again? Put some skin in the game jack.

Jobless Recovery: Not a Workable Solution

Also, a declining dollar will make American businesses and American workers more competitive and lead to increased employment. Thanks for being Captain Obvious on the term Jobless Recovery being an oxymoron, although I agree with Duude, the recovery will actually just kind of be flat growth for awhile, until the dollar does fall further to a point where unemployment will in turn fall.

Dave's Top 10 Reasons This Recession Will Last Forever

Can I get a show of hands of the middle age white men commentors?
Unemployed middle age white men?
Middle aged white men with guns?
Middle aged white men who believe in the PPT?

With that % no doubt over 90% of the Seeking Alpha commentors...I'll just say to you, stop complaining, you've lived a better life than 99.99% of the people ever to walk this Earth. Get over yourselves.

When Will The Economy Recover? These Three Key Areas Will Tell You

Wait, so the economy will go from 66% consumer spending to what? Is the historical average of 60% okay for you?
So the economy is going to move from consuming things to producing them or at least doing those two things in a balanced manner. Ah yes, the fallacy that the US doesn't produce anything and some fallacy that all of a sudden prosperity will come from not consuming anything and producing a bunch of stuff that in actuality you don't want people to actually consume because that's bad. Really say your thoughts out loud and I'll check back in about 3 years from now and see if you've emerged from the illogical circular reference.

How about we just produce Gold. Oh yea, we already have most of it. So there we go. Easy end to the crisis. Kill all currencies, everyone will go to gold and the US is back on top.

On May 28 11:15 PM Alan Young wrote:

> "consumer spending accounts for 2/3 of economic growth" is HISTORY.
> Over-spending got us into this mess; it's not going to get us out.
> The next economy is going to have to make producing things at least
> as important as consuming them.
>
> But, yeah, it's better when people have jobs.

Be Prepared for S&P to Hit 350 by June 2010

Ex-freaking-actly...

How can people say we have too many businesses tailored to the consumer(YES, many of those small businesses) and that the economy will collapse if some of the fluff goes out of business.

Its the same bad argument Larry made about less credit to people. Guess what, while in the short term Joe Idiot who has no real money to buy a car but does so on credit is good for the economy, in the long run its bad when he defaults and then the car company goes out of business.
Its the same thing the other way. If you close down credit to Joe Idiot, in the short term it may be bad he doesn't buy a car, but in the long term it better because he doesn't default. The idea that is John Moneybucks who can afford things is going to be also affected if his credit gets cut is stupid. John Moneybucks will either A)use cash or B)be in a good enough position to get the credit. or C)a combination of A&B
Its called rightsizing. Happens in every recession.

You can't have it both ways Ryan and Larry. Sorry.


On May 28 11:55 AM mr freddo wrote:

> As a former small business owner, I would have to agree with the
> author that shutting off credit will kill many of these businesses
> that are the engines of employment in our economy.
>
> But it won't bring down the economy. The weaker businesses will close
> and the stronger businesses will pick up the slack. Consolidation
> will occur which will raise overall productivity.
>
> In boom times, small businesses proliferate and overcapacity becomes
> a problem. Well run businesses have to compete with poorly run businesses
> that don't understand how to cost their products or services and
> often undercut the market price to get business, driving profits
> down for everyone.
>
> Well run, conservatively financed small businesses will survive and
> prosper.

The Bond Market Strikes Back at the Fed

Morons. The only thing any of you said of value is that growing your own food is a good talent.
Fight the US, go ahead, no one is stepping in your way. I just didn't see you complaining all the days you've enjoyed living in this country. Just don't bit** and moan when you get rolled over betting against it. Shorting will work sometimes, it was great in the last year and it might be great some times in the future, just make sure you take your profits.

My advice to all of you is to print out a map of all the great countries around the world(obviously you feel the US does not meet that criteria, but make sure the human rights devoid China is on your list, it will be that big blobby looking one) and shoot a dart at the map. Then go out and put some tomatoe seeds in your pocket get a plane ticket and MOVE THE F OUT.

Will New Credit Card Regulation Lengthen the Recession?

Please refrain from all the bit**ing and moaning about credit cards and credit scores. People act like other people actually care about their sob stories...Be happy you are out of debt.

The articles idea that this is a good thing at the wrong time. There's a reason the Constitution hasn't been updated more than a few times in 300+ years...there is a reason there are bubbles and will continue to be so. People don't make tough choices when things are good. You don't stop playing blackjack when you are on a roll.
That also doesn't mean you don't do the right thing just because its a little later than you should have.

You don't stick to stupidity just because you've been sticking to it for a long time.

Green Shoots Turning Red Hot

I have a great new idea. All we need is gold. Forget everything else. We'll sleep in beds of gold with gold pillows. We'll eat Green Gold and gold for breakfast. We'll go on the golden internet superhighway.

Unless they are going to figure out a way to split gold into sand granule sized slivers, you will be dead before gold replaces paper money. Sorry, it may be a nice part of a balanced portfolio, but you're wasting your time thinking it is as "golden" as you think.


On May 28 08:50 PM doubleguns wrote:

> www.investmenttools.co...
>
>
> A quick trip to this website tells a different story.
>
> BDI is off 73% from its highs and this quote says it all.
>
> 4/8/09 Worldwide shipping rates set to tumble 74%
> “We expect industry fundamentals [for bulk carriers] to deteriorate
> further as demand continues to remain weak and the large order book
> begins to be delivered,” wrote Nomura’s Andrew Lee in a note to clients.
> On container shipping, the outlook is similarly miserable: “International
> routes are loss-making and are likely to remain so,” he said.
>
> Gold however is only off 5%.
>
> What do ya think?

Roubini the Revisionist

ECONOMICS IS NOT SCIENCE. It is guesswork. Everything just about in Economics has people who believe differently. Much like politics.
You don't have scientists in two camps on Newtons Laws of Motion. That is accepted, it is a law. That is science. You see scientists split on things like Global Warming because Global Warming is not science. It is opinion and guesswork.
People peddling future predictions 100% are morons. They are all over Seeking Alpha and all over the internets these days. Many people are making a ton of money on the financial crisis. A "lost decade" would be a financial windfall for them like no other.
And all the slaves to money that are wasting their time on this are eating it up.
One thing that is for sure is that internet message boards are never going to lead to economic growth and that you can take to the bank.

Fall in U.S. Credit Costs Is Most Significant Economic Development

Wasn't the world supposed to be over by now? Just checking, thought it was.

Pequot Capital Closes: Expect Downward Pressure on Top Holdings

Oh No, Sell your McDonalds, NOT.

Jeremy Grantham on the Market's Outlook

What is hilarious is all the time being wasted talking and analyzing and predicting the future...As things become more uncertain and harder to predict people get more entrenched into sides on how things will end up...All the while completely forgetting that things new inventions will crop up, the unexpected will occur and while some people will end up being "right" it probably won't be for the reasons they proclaimed.

In terms of "money"...people, especially on these boards, are nothing more than slaves to it. Not saying that as necessarily a bad thing, but there really are more important things than to waste such smarts(proclaimed or real) on such a stupid problem.

If Humankind does continue long enough the eventual outcome will be a "moneyless"(both paper and gold) world...And I won't go Paco E(whateverhislastnameis) and tell you when...We'll all be long dead by then.

6 Reasons Not to Sound the All-Clear Signal for the Economy

How about risks due to:
A."Journalism and Fact" being replaced with "Opinion, Editorial and Blogging". Nothing against this blogger or bloggers in general, but Blogs are not pieces of journalism. They are editorials and opinions. They should be used to supplement or question ideas not replace facts.

B.The internet age. More of the above. All agendas have an internet cheerleader. Lamenting on the internet is becoming more important and influential than actual activity in the real world.

C.Spread of FEAR. More of the above. Peak Oil, Peak Water, Global Warming, WMD's, Swine Flu, War, Terrorism, Pirates, Religion, etc, etc. You can read daily about what new "thing" is going to destroy humanity.

D.Lack of accountability on an individual level. The individual citizen is sure full of a lot of excuses. A lot of their gripes are nothing new although they will sure as heck tell you it is with their posts on the internet.

---Just an aside to the Constitution comments---These are stale and never actually back up anything---The lack of update to the Constitution over the years is the biggest problem with it. Face it, it was written in the 1700s. Its kind of like having an industry, lets call it Newspapers and then something called the internet is invented and the Newspaper industry doesn't update its business model and it goes out of business.

4 Reasons Not to Assume the Worst Is Over

Inflation would raise stock prices and would inflate away debts. It would also lead to high interest rates which as long as it is not runaway inflation would let Savers maintain fairly static amounts of wealth.
The idea that buying a house or hard assets is exactly the same argument of why stock prices would rise. Basically the price of everything would rise.

This whole stagflation would actually be growth returning to sustainable levels. People who say the growth was never sustainable at least need to stop painting the growth rate returning to sustainable levels(which to get there has to first fall) as a negative.

You can't both be doom and gloom on the current state of the economy and then suggest solutions and also cause your solution doom and gloom. If that's the case you and your solution are stupid.