dchobo

Upside GDP Surprise: Misleading

wow, my mouse scroller works.

The Coming Economic Collapse, Part 2

you are mixing up debt and deficit.

On Jun 08 08:16 AM Persevere wrote:

> Based upon a conversation I had with a current U.S. Congressman in
> 2003, your deficit numbers are way off! In 2003, The Congressman
> and I were were discussing the fact the U.S. Government requires
> us to use GAAP "accrual basis" accounting, yet the Government uses
> "cash basis" accounting. He told me that, if the truth be known,
> the actual Government debt is over 54 trillion dollars. Keep in
> mind, he told me that in 2003. You can imagine what it is currently,
> or maybe with your expertise, you can calculate it based upon a
> 54 Trillion deficit in 2003.

Searching for the Bottom: Are We There Yet?

when people stop asking whether it's the bottom or not, it will be the bottom.

Cramer's Stop Trading! Dow Doomsday Scenario (3/6/09)

so should we take cramer as a contrarian indicator? or is he just a random babbler?