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.

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.

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.

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.

I Can't See Major Market Reversal Before Dow Reaches 10,000

Its shocking how someone can obviously not have read an article and then comment. I have no problem with it, I'll even do it, but at least I'll admit I just don't like the author.

The article is not stating that all is well. Its stating that a drop from 14500 to 6500 that goes back up to 8500 is still a aggragate drop of 6000 points!!! and perhaps some people have forgotten that.

I'm not sure when people started looking at the stock market as a point in time mechanism. Its laughable.

For what its worth I think anyone who makes predictions on where the stock market or markets in general are going are picking at straws in the wind. Up or down, no one can know for sure...but why some people are rooting for huge moves down really confuses me.

On May 12 03:39 PM altaman wrote:

> The tune:
>
> "The sun'll come out Tomorrow
> Bet your bottom dollar
> That tomorrow There'll be sun!"
>
> The author's reality: "Disclosure: No Positions"
>
> My conclusion: "I do not appreciate convictionless pumpers!"

Markets Headed Down, But Not Only Because of Swine Flu

This author is pretty much wrong in most of his article:

1.The market is down a blip as some people have pointed out. This doesn't at all match up with his blah, blah, blah about the media causing/not causing movements.
1a.Was anyone around last summer as oil barreled upwards daily on threats of Nigerian rebels or Mid East turmoil. That WAS SPECULATION AND MEDIA. Spare me that the "real" professionals really saw fundamentals behind that rise and fall. That episode more than any recently shows the whole group of pundits as frauds.
2.Why don't you read the Bespoke article about the flu of 1918...up to 100 million people died and there was a small downward blip in stocks quickly to be erased as WWI ended.
3.Sell in May and Go Away. Enough said. Waste of an article.

Could this guy be right that stocks are going to go down...sure...but it has nothing to do with anything in this article, most of which has been proven wrong.

1918 Spanish Flu and the Market

Also...its funny how a site full of supposed financial and economic internet experts immediately turns into a site full of Swine Flu and medical experts...
You guys are a hoot...how you aren't all personally wealthy beyond everyone's wildest dreams is beyond me. You're the cream of the crop, don't you ever forget that while you're miserable and fearful of tomorrow.

1918 Spanish Flu and the Market

What are all the unemployment whiners going to do in about 10 years when we don't have enough workers in the US to fill jobs. Remeber that baby boom? The population rate of growth in the US has been falling...This will all work itself out...Social security will start to become underfunded in about 40 years, cooinciding with an economy strapped for workers. People will work longer and social security age will rise.
Odd how the run up in oil prices worsened the recession leading to rock bottom oil prices.
Odd how we'll have an ice age before "global warming" causes any of the catastrophes the "fear mongers" claim.
Odd how in 1918 we didn't have 1/1000th of the medical ability we do now but lets act like 100 million people will die after a flu strain that is killing less people than the "common" flu does per day already.

Fear, its the new Oxygen.

John McLaughlin: More Clueless Economic Banter

Peter never EVER explains how his magical economy works.

He says you can't buy what you don't produce? You have to save more than you spend.

Actually. You should spend what you have. In a perfect world we'd all know how long we would live and ration accordingly. Weird, that's not the case.

Japan or China saving at a 30% clip isn't some great thing as Peter would have you believe, just like US savings at a negative % is just as assanine.

Why don't we add some accountability and not ALLOW people to get into debt, and encourage spending what you can afford. Promoting blind saving is a recipe for the same disaster we are seeing now.

The other point Peter seems to feel will magically go away is the fact THIS DAMAGE has ALREADY BEEN DONE. His policies enacted right now would ensure a 10-15 year SUPER DEPRESSION. I'll take the kicking of the can down the road instead. The world will go to war and/or forgive much of the debt in the world long before Peter's Depression would be over.

Sucker's Rally Approaching an End

The crib notes of this article:

Blah, Blah, Blah and Blah, how can the market not go down. So in conclusion 100%, without a doubt, the market will go down.

Why are you writing a blog and not betting on Sports?

Global Meltdown, Part III

All of you people need to stop talking about one day moves in the market.

Also I have no problem with people's opinions one way or another, but if you think the world is ending as this author proclaims, why not just leave it and leave the rest of us here, we'll be just fine.

I find it hard to believe that in the history of mankind THIS is the greatest crisis. Seems more to me that with the internet everyone now thinks they are experts in all things and have a vehicle to express those views.

Economists of all sorts should be scared if a world as this author describes comes to pass, they will be first up on the block and that's not going to matter if you follow Schiff or Krugman or whoever.

Who are crime groups going to get money from if the economy fears? Actually crime groups need the economy just like Governments do. Military or Dictatorship is much more likely than this guys call. There is no proof of extreme crime in the 30s(or more extreme than any other time period).

Also what a goofy smile on this author for a guy calling for the end of the world. Oh yea, he's just a guy shorting stocks and trying to must support so his yields rise.


On Mar 31 06:19 PM Roger Knights wrote:

> CTB wrote: "I have made a note of your prediction and filed it away.
> Can I presume that today's activity is an anomaly?"
>
> What anomaly? The Dow fell off a cliff (down 100 points) at the close.
> What's an 87-point bounce-back after a 275 point drop the day before?

Economy Tanking as Politicians Look the Wrong Way

Why don't you just hope some magic comes and makes everything better.
The same people who say 50% of the economy is worthless say to just invent something to make the economy more efficient and higher wages and "real" growth will commence.
Talk abou politicians who lie.
I guess the good thing is you're trying to lay out steps for progress unlike the people who really just want the world to cease from spinning on its axis.

Marc Faber: 'It Will All End in Disaster'

Isn't blindly relying on the ideas and writings of people even 20 years ago a terrible way to navigate through the current world? I mean its like a battle to see who can link something happening to today as far back in time as possible with the biggest household name events(Japan's Lost Decade, WWII, Depression, Fall of Rome). Can't wait for Hollywood to start the movie series.

Austrian Economics says:
-Make stuff people really need and sell it.
-If you don't make stuff people really need you are bad and make the economy bad
-The economy is going to suck anyway there are far more people in the world than it would take to make the stuff people need by like a 10:1 margin
-Bells and Whistles like car air conditioning, online banking, new health procedures are all economy negatives. They are bad and unnecessary.
-Human sufferring is fine, expected and applauded as obvious side effects of the economy.

Who the hell is to decide what "stuff" people really need. Are you the same people that claim the health care mess can be solved if people stop drinking, smoking and eating fast food? Why not step into reality and offer some solutions.