tag:blogger.com,1999:blog-20377909.post6609873417879579933..comments2024-02-26T08:05:58.174-08:00Comments on ECONOMICROT: Economic News and Market DownturnRandyhttp://www.blogger.com/profile/09221346085089343469noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-20377909.post-16207803235872813402008-01-20T20:34:00.000-08:002008-01-20T20:34:00.000-08:00If the world GDP is 50 trillion and the total of d...If the world GDP is 50 trillion and the total of derrivatives is about 700 trillion, just how long do investors think it can go without a correction/equalisation?<BR/><BR/>Japan can't seem to get out of their slump even with oil prices reasonable. What makes the US think that they can slide out of this problem when oil exports drop off a cliff at the end of 2010?<BR/><BR/>NASA has said the obvious; that weather is going to get increasingly violent. What is the plan when violent weather takes out more crops, oil platforms, and coastal cities?<BR/>We've all been cursed in that we live in interesting times.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-56451359904872853482008-01-06T05:16:00.000-08:002008-01-06T05:16:00.000-08:00Thanks for posting Peter. He really gets me think...Thanks for posting Peter. He really gets me thinking.<BR/><BR/>If Peter is a weak salesman that makes me want to give his firm my savings all the more.Thomas Coolberthhttps://www.blogger.com/profile/18006353689817752538noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-525197717747902412008-01-05T08:45:00.000-08:002008-01-05T08:45:00.000-08:00Who's not much of a salesman (Peter Schiff or Anon...Who's not much of a salesman (Peter Schiff or Anon 1:36)?<BR/><BR/>Peter Schiff usually does a Great Job with his message; see link <BR/><A HREF="http://www.europac.net/video.asp" REL="nofollow">Peter Shiff Videos</A>Randyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-24042726564528653012008-01-04T18:56:00.000-08:002008-01-04T18:56:00.000-08:00He's not much of a salesman.He's not much of a salesman.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-40050807626492545022008-01-04T14:41:00.000-08:002008-01-04T14:41:00.000-08:00Anon 12:53, I couldn't have said it any better mys...Anon 12:53, I couldn't have said it any better myself. This "Free-Market Economy" we live in, is so blatently manipulated it's enough to make a person nauseous.<BR/><BR/>Anon 1:36, I certainly hope it doesn't come to this, but better judgement tells me it's quite possible.<BR/><BR/>BTW: I couldn't stop laughing after reading your closing line:<BR/>"do like my wife did on her wedding night--act like you're having fun"Randyhttps://www.blogger.com/profile/09221346085089343469noreply@blogger.comtag:blogger.com,1999:blog-20377909.post-84341782263750985552008-01-04T13:36:00.000-08:002008-01-04T13:36:00.000-08:00The market is a side-bar, opening act for a three ...The market is a side-bar, opening act for a three part tragedy. The money flowing into the market is, to a significant degree, from foreigners looking for a place to park some cash. <BR/><BR/>The tragedy, as it plays out will be the total collapse/implosionof the banking system. <BR/><BR/>Forget about greed. Get to know your neighbors! Stock up on food, water and ammunition. Prepare to ride out the tide of civil unrest. <BR/><BR/>Work with your neighbors. Prepare. <BR/><BR/>And do like my wife did on her wedding night--act like you're having fun.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20377909.post-90322921447351821382008-01-04T12:53:00.000-08:002008-01-04T12:53:00.000-08:00The stock market is a big player in all this bad n...The stock market is a big player in all this bad news. It is so overpriced it's a shame. No wonder we are paying so much more at the grocery, gas stations, and any other goods and services we may need or desire. When the stock market is so overpriced, naturally the companies and businesses that are involved have to either cut payrolls or up the price of their goods and services to pay the dividends to stock holders. Like the old saying goes There's no free lunch. So what needs to happen? Let the chickens come home to roost. Quit trying to bail out banks and wall street for their greed and stupidity. If stock holders want to sell then they should sell. All this lying and deception should stop. The Feds should quit giving our tax dollars to the tune of Billions of dollars to wall street and the banks to create a false sense of security to keep wall street in a buying mood. <BR/>Let the correction take care of itself.Anonymousnoreply@blogger.com