What happened to all of the doom and gloom economic threads?

[rosco rathbone]

I think these cogent remarks will prove prophetic:

I was looking at yields today and you cannot help noticing that bond markets are become more attracted to government debt each day. So much for the arguments we have been hearing ad nauseum over the last few years that governments were about to feel the cold hand of the markets who would punish them by dumping their debt unless they imposed harsh austerity. The problem is that the attraction of government debt does not signify that markets are rewarding governments for their fiscal austerity efforts. In fact, it is exactly the opposite. The markets are realising that austerity is now undermining economic growth and the claims by politicians and economists that we would enjoy a “fiscal contraction expansion” if only the government got off the backs of the private sector are now being revealed as lies. The world economy is tanking. Day by day the evidence mounts. The safest place to be when the economy heads south is in cash or government bonds.

http://bilbo.economicoutlook.net/blog/?p=15542#more-15542

 

[Frisco_Slug_Esq]

What fucking austerity?



-430...

 

[Frisco_Slug_Esq]

-445




At least I bought gold way back when, before U_D began making fun of people who buy gold.

 

[Frisco_Slug_Esq]

10 minutes to go, up and down around -500...


__________________
Barry 2012 Says: "FORE! More years!"
http://pajamasmedia.com/tatler/files/2011/04/obama-wide-grin80.jpg

http://thegatewaypundit.com/wp-content/uploads/2011/08/obama-bus.gif

 

[unregistered]

 

[Frisco_Slug_Esq]

I remember someone telling us how the markets were going to surge upwards as soon as Obama won that debate...




I wonder who the fuck that could have been...

Let me check...

 

[Frisco_Slug_Esq]

-512...


Now, he's Bush III for sure...




11,383...

Of course, it's the fault of THE TEA PARTY!!!

 

[Frisco_Slug_Esq]

Democrats cave again to THE TEA PARTY; pass FAA bill...

 

[unregistered]

 

[mercury14]

What happened to "the Dow isn't a good indicator of the economy?". Turns out it's only a good indicator when it's going down and the Dems are in power, eh?

*watches the righties rejoice when America does poorly*

 

[koalabear]

What happened to "the Dow isn't a good indicator of the economy?". Turns out it's only a good indicator when it's going down and the Dems are in power, eh?

*watches the righties rejoice when America does poorly*

Watches the MORON when he has to eat his own words. How's your stock doing, MORON.

 

[mercury14]

Wall street is just loving that debt deal put through by the Republican House aren't they?

This is what they were saying on Bloomburg. The deal contracts government spending, which means a lot less demand in the private sector.

Republicans bitched to high heaven when Obama talked about letting private jet subsidies expire ("Obama hates industry!"), meanwhile they pass a huge cut in defense which will be fifty times more painful to the aerospace industry. Hypocrites.

 

[koalabear]

This is what they were saying on Bloomburg. The deal contracts government spending, which means a lot less demand in the private sector.

Republicans bitched to high heaven when Obama talked about letting private jet subsidies expire ("Obama hates industry!"), meanwhile they pass a huge cut in defense which will be fifty times more painful to the aerospace industry. Hypocrites.

Hey MORON, that bill originated in the demo senate. God bless Harry Reid.

 

[NeverEndingMe]

What happened to "the Dow isn't a good indicator of the economy?". Turns out it's only a good indicator when it's going down and the Dems are in power, eh?

*watches the righties rejoice when America does poorly*

the only ones that want America to suffer are YOU, UD, and the thugs like you. the rest of us are hard working American's that want people to work

get off your lazy ass, put down that camel & Budweiser and get busy

 

[mercury14]

Watches the MORON when he has to eat his own words. How's your stock doing, MORON.

Since tuesday? Not good. Since the Dow was 7000? Hugely better. I only play around with about 10% of my assets. The other 90% I'm accumulating for retirement so like anyone who's stashing money in their 401k, it's beneficial for prices to drop.

 

[NeverEndingMe]

This is what they were saying on Bloomburg. The deal contracts government spending, which means a lot less demand in the private sector.

Republicans bitched to high heaven when Obama talked about letting private jet subsidies expire ("Obama hates industry!"), meanwhile they pass a huge cut in defense which will be fifty times more painful to the aerospace industry. Hypocrites.

if you have kids, may God help them

hopefully your seed is like your mind, confused and jaded and unable to find the home

 

[unregistered]

 

[koalabear]

Hoarding cash makes bank uncomfortable

http://money.msn.com/stock-broker-g...e47ae55-0d5d-4e86-978e-b950b8fcaca4&GT1=33031

 

[NeverEndingMe]

What they are seeing is business as usual, translation: Obama as usual has no plan for the future conducive to business.

I blame that on Bush

 

[mercury14]

What they are seeing is business as usual, translation: Obama as usual has no plan for the future conducive to business.

How come that's not what's being said in actual business news? What they are saying is that cuts in government spending around the world are going to hurt demand. Oops, looks like the public sector does create wealth after all...

 

[Beco]

I blame that on Bush

Bush is long gone friend...........this one is on Ooooooooobama

 

[koalabear]

How come that's not what's being said in actual business news? What they are saying is that cuts in government spending around the world are going to hurt demand. Oops, looks like the public sector does create wealth after all...

Link, MORON.

 

[NeverEndingMe]

Bush is long gone friend...........this one is on Ooooooooobama

we all know that obama is hard at work trying to figure out a way to blame this on Bush

 

[Ulaven_Demorte]

Since tuesday? Not good. Since the Dow was 7000? Hugely better. I only play around with about 10% of my assets. The other 90% I'm accumulating for retirement so like anyone who's stashing money in their 401k, it's beneficial for prices to drop.

When the market plummeted to around 7K I increased the amount I put into my 401k. When all of the dipshits who shall remain nameless D) were dumping stock at a loss I was buying and made a killing on the way back up.

 

[Beco]

When the market plummeted to around 7K I increased the amount I put into my 401k. When all of the dipshits who shall remain nameless D) were dumping stock at a loss I was buying and made a killing on the way back up.

You may get the chance to do it all over again......