President Obama!
- Thread starter passerby
- Start date
Re: Obamanation here today
That was the markets way of telling middle class morons what was coming. Obviously you didn't get the hint.
That was the markets way of telling middle class morons what was coming. Obviously you didn't get the hint.
Lue C Fur
Evil member
1989
Well-Known Member
Re: Obamanation here today
Technically, we hit that bottom again today. Historically double bottoms are always a bad sign. We will probably consolidate at these levels and continue to go lower.
Technically, we hit that bottom again today. Historically double bottoms are always a bad sign. We will probably consolidate at these levels and continue to go lower.
moreluck
golden ticket member
Re: Obamanation here today
What !! You said the economy was just fine, thanks to Brack !!
What !! You said the economy was just fine, thanks to Brack !!
1989
Well-Known Member
Re: Obamanation here today
Hindsight is always 20/20...We'll have to wait til then. I hate to see it go lower, but lower prices = opportunity.
Hindsight is always 20/20...We'll have to wait til then. I hate to see it go lower, but lower prices = opportunity.
klein
Für Meno :)
Re: Obamanation here today
It's just an adjustment. The Dow gained 70% in the last year.
Way too fast . Profit taking now.
Yes, Greece and Europe problems gave it the kick down.
But, come the 2nd quarter earnings we shall see a rebound.
I think we hit the low today... got great resistance, and bounced back after being 300 down.
Not worried , yet. Besides, I have everything invested in US dollars, and these past 2 weeks, the cdn dollar dropped 7%, my mutual funds 10%..... so, only out 3%.
No big deal.
It's just an adjustment. The Dow gained 70% in the last year.
Way too fast . Profit taking now.
Yes, Greece and Europe problems gave it the kick down.
But, come the 2nd quarter earnings we shall see a rebound.
I think we hit the low today... got great resistance, and bounced back after being 300 down.
Not worried , yet. Besides, I have everything invested in US dollars, and these past 2 weeks, the cdn dollar dropped 7%, my mutual funds 10%..... so, only out 3%.
No big deal.
Re: Obamanation here today
Every time the market goes down I am making money in the future.
Every time the market goes down I am making money in the future.
klein
Für Meno :)
Re: Obamanation here today
So, bring on the Vat Tax, to stop that madness, and Upstate would be thankful, too.
He might get a parking spot at the mall, again !
So, bring on the Vat Tax, to stop that madness, and Upstate would be thankful, too.
He might get a parking spot at the mall, again !
Re: Obamanation here today
Don't worry, we can just declare bankruptcy and not pay China, just like a lot of companies do.
Don't worry, we can just declare bankruptcy and not pay China, just like a lot of companies do.
Lue C Fur
Evil member
Re: Obamanation here today
A Keynesian Paradox
The threat of a double-dip recession is real, but it should not be cause for more government “stimulus,” deficit-spending, bailouts, and low-interest monetary easing. The primary reason for the current market downturn is unacceptably high levels of sovereign debt and spending in Europe, the U.S., Japan, and elsewhere.
This poses a Keynesian paradox, defying Keynes’ essential proposition that in a recession, governments must engage in deficit-spending in the absence of private investment. Only, when the economic downturn began in 2007, that’s exactly what Western economies did. Now, they’re going broke, creating more dislocation in the markets — which the deficit-spending was supposed to cure.
Hence the paradox. The deficit-spending promised to bring the economy around, but instead it put too much pressure on government balance sheets, and now the global economy is suffering badly as a result.
A Keynesian Paradox
The threat of a double-dip recession is real, but it should not be cause for more government “stimulus,” deficit-spending, bailouts, and low-interest monetary easing. The primary reason for the current market downturn is unacceptably high levels of sovereign debt and spending in Europe, the U.S., Japan, and elsewhere.
This poses a Keynesian paradox, defying Keynes’ essential proposition that in a recession, governments must engage in deficit-spending in the absence of private investment. Only, when the economic downturn began in 2007, that’s exactly what Western economies did. Now, they’re going broke, creating more dislocation in the markets — which the deficit-spending was supposed to cure.
Hence the paradox. The deficit-spending promised to bring the economy around, but instead it put too much pressure on government balance sheets, and now the global economy is suffering badly as a result.
klein
Für Meno :)
Re: Obamanation here today
Maybe you might listen to "socialist liberal Canada" next time ?
Our PM said this last year in July :
Maybe you might listen to "socialist liberal Canada" next time ?
Our PM said this last year in July :
Lue C Fur
Evil member
Re: Obamanation here today
Hey I found Klein singing "Oh Cananda" and he is all "Likored" up:
http://www.youtube.com/watch?v=OIyYfgi3_j4
Hey I found Klein singing "Oh Cananda" and he is all "Likored" up:
http://www.youtube.com/watch?v=OIyYfgi3_j4
UpstateNYUPSer(Ret)
Well-Known Member
Re: Obamanation here today
Actuall Upstate would love the Fair Tax.
So, bring on the Vat Tax, to stop that madness, and Upstate would be thankful, too.
He might get a parking spot at the mall, again !
Actuall Upstate would love the Fair Tax.
Re: Obamanation here today
Hey look lucy your brown nosed friend is here to defend you.... What a couple.
Hey look lucy your brown nosed friend is here to defend you.... What a couple.
klein
Für Meno :)
Re: Obamanation here today
Upstate, due to uncertainty in the world markets... and commodaties sinking, like oil, gold, steel, etc.
If you still can buy CDN at par, go get some ! only 94cents per dollar now (6% savings for you).
Upstate, due to uncertainty in the world markets... and commodaties sinking, like oil, gold, steel, etc.
If you still can buy CDN at par, go get some ! only 94cents per dollar now (6% savings for you).
UpstateNYUPSer(Ret)
Well-Known Member
Re: Obamanation here today
If you are unable to interact with the adults perhaps you should stick to facebook or Twitter.
If you are unable to interact with the adults perhaps you should stick to facebook or Twitter.
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