“Everyone now believes the economy can be manipulated, guided, and directed towards any outcome the central (bank) planners want!” “…we have a no-fault economy!” Bill Bonner, Daily Reckoning, 6-13-2005
Instant easy credit for just about anyone???
Quote:
“Economists at the International Monetary Fund -- which to its credit has been warning about our housing bubble for some time -- have estimated that its collapse could have as much as twice the negative impact on the U.S. economy as did the stock market crash in 2000-2002.” businessweek.com
I got slaughtered in 2000 ... I'm trying to insulate myself from the next round ???
Quote:
“To get out of the recession, he (Greenspan) had to rely on, stay mum about, and even encourage a housing bubble. Now, that very bubble may be the thing that destroys the recovery he has sought to create.” Benjamin Wallace Wells, Editor of Washington Monthly
Sounds like historic low interest rates for ... what ... a decade ???
Quote:
The article goes on to demonstrate how Schwab is driven still to help the middle class increase their wealth. So was Schwab recommending gold & resource stocks when gold first moved from $255 an ounce to over $350 an ounce & the first gold fortunes were made a couple of years ago? No, as I said these guys just don’t get it & never will because their arrogance blinds them to the real trends that are shaping our world today.
_________________ If ...'If's' and 'But's' ... were Candy and Nuts ... we would all be happy and fat !
“Everyone now believes the economy can be manipulated, guided, and directed towards any outcome the central (bank) planners want!” “…we have a no-fault economy!” Bill Bonner, Daily Reckoning, 6-13-2005
Instant easy credit for just about anyone???
Quote:
“Economists at the International Monetary Fund -- which to its credit has been warning about our housing bubble for some time -- have estimated that its collapse could have as much as twice the negative impact on the U.S. economy as did the stock market crash in 2000-2002.” businessweek.com
I got slaughtered in 2000 ... I'm trying to insulate myself from the next round ???
Quote:
“To get out of the recession, he (Greenspan) had to rely on, stay mum about, and even encourage a housing bubble. Now, that very bubble may be the thing that destroys the recovery he has sought to create.” Benjamin Wallace Wells, Editor of Washington Monthly
Sounds like historic low interest rates for ... what ... a decade ???
Quote:
The article goes on to demonstrate how Schwab is driven still to help the middle class increase their wealth. So was Schwab recommending gold & resource stocks when gold first moved from $255 an ounce to over $350 an ounce & the first gold fortunes were made a couple of years ago? No, as I said these guys just don’t get it & never will because their arrogance blinds them to the real trends that are shaping our world today.
You have your own view of what's going on RiverRat, and you post links n stuff that support your view.
Posted: Tue Jun 21, 2005 8:57 am Post subject: Re: Real estate, gold and reminiscing
spot5050 wrote:
RiverRat wrote:
Quote:
“Economists at the International Monetary Fund -- which to its credit has been warning about our housing bubble for some time -- have estimated that its collapse could have as much as twice the negative impact on the U.S. economy as did the stock market crash in 2000-2002.” businessweek.com
You have your own view of what's going on RiverRat, and you post links n stuff that support your view.
Now ... I don't have a crystal ball ... but there is a potential for some ugly times ahead. _________________ If ...'If's' and 'But's' ... were Candy and Nuts ... we would all be happy and fat !
Posted: Fri Jun 24, 2005 8:17 am Post subject: Re: Real estate, gold and reminiscing
spot5050 wrote:
Riverrat, try having an original thought. Posting links is soo last season.
Anyone can cut and paste links.
Are you drunk or something ?
95% of this freakin’ website is cut and paste crap - and even less is an ‘original thought’.
I can tell you this … If someone on this site by chance had an ‘original thought’, I’m pretty sure it wouldn’t be wasted here.
The overwhelming vast majority of the posts on this site are simply parroting already published material. Some spin and speculation is added for good measure.
That’s hardly ‘original’ _________________ If ...'If's' and 'But's' ... were Candy and Nuts ... we would all be happy and fat !
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