I'm Very Paranoid About the Potential Depression, Please Help Me.

[WileOut]

this has nothing to do with a cycle my friend
nothing at all

we bounced back from the depression bc we started regulating markets, bc we had a great and visionary leader in fdr, and we made mad cash off of wwIi

we arent close to the same position now
we have no leadership in the world,. nobody needs to listen to us anymore
this country is owned by russia and china

Justin just called it a cycle as well. Do you disagree with the almighty Justin?

You are the only poster on this board who really has no clue whatsoever and will argue with a wall just to argue.

It damn sure is a down cycle in our overall economy you freakin looney toon.

[ryanXL977]

i dont care what two random toolboxes on a random betting forum think
its not a cycle
you are parroting garbage you dont even understand

[CHRISSANGEL]

Hey Ryan... Did I say Catepillar was going to save the economy.
I was hoping you could draw the connection, but I guess I'll spell it out.
Yes, we are in a horrible domestic economy. However, a good majority of these companies (based in the United States) are being forced to outsource for material and supplies in regards to international growth. AK Steel, Nucor, ATI will all be needed for construction. Power plants will be built in China using Shaw Group and Foster Wheeler. United Technologies is based in the US, but recieves over 75% of its stated revenue from outside The States.

All you need to know is that other countries do have money and they need our companies to make their own economies grow.

What the real problem is all these financial institutions are holding bad mortgage notes. Once that problem gets sorted out, people will stop panicing.

So don't worry, pal.

[RageWizard]

i dont care what two random toolboxes on a random betting forum think
its not a cycle
you are parroting garbage you dont even understand

Dude the market is adjusting. It is at a support level right now , and if it breaks that level, then look for 8500, which is right about the amount it needs to be at. Just because the market was way inflated in the last couple of years doesn't mean that the stocks were worth the lofty price that they were getting.

[ryanXL977]

its much bigger than that
yes i know what you are saying, we dont produce nearly enough goods to offset the debt
not even close
the war masked the slide, but it was inevitable

[WileOut]

i dont care what two random toolboxes on a random betting forum think
its not a cycle
you are parroting garbage you dont even understand

I have a Bachelors degree in Finance with a 3.26 GPA from an AACSB accredited business school in a major state university. I know what the fuk I'm talking about when it comes to economics and finance.

We are constantly in a cycle. There are different factors that go into whether our economy is cycling up or cycling down. But to say we are not in a cycle is like saying a pro football game doesn't have 4 quarters.

It just makes you look like a retard.

[ryanXL977]

yes, bc you have a 3.26 in finance means absolutely nothing

all you are doing is spitting out shit you learned, you dont even know what it all means

you cant tell me what is happening or why
this is not a cycle, this hasnt happened in almost 100 years
thats not a cyle genius

[TeamPlayer]

I think you are both correct. It's indeed part of a cycle, yet the fact remains that the U.S. government (mainly Bush and Greenspan) could have alleviated the severity of it by intervening against the Banks greed 2 years ago. But they wanted more money to pay for more wars, expand the empire and win elections so common sense did NOT prevail

[ryanXL977]

this is beyond a cycle
we are talking trillions of dollars in transferred wealth and buysouts

buy, those gop are great with the economy
and wars too

[compaqDikk]

- cancel USC 50 yard line season ticket package which was held in your fam for 70 years

-dump girlfriend(high maintenace and gold digger since she sees the % u hit against the #)

-move to montana or boise, cheaper cost of living
-call godaddy.com and cancel url dimesDave.com

good luck

[RageWizard]

Bottom line is stop listening to people and jus look at the charts. This is a cycle even though it doesn't seem that way. Go short and make money like the Kennedy's did back in the depression, then when the charts indicate it, you switch around and go long. It will settle out and go back up, you just have to block out what people say and do the homework to make money.

[WileOut]

ryan the OP started this thread talking about a possible depression which has to do with the economy. The economy goes through cycles. That is a fact. It cycles up and then it cycles down with the different components of the economy moving around semi-independently. All we can go by is history. Never in American history have we not recovered from any kind of depression or recession.

Oh there's rage wizard another guy who calls it a cycle. Ryan, go read a book.

[ryanXL977]

its not a cycle unless you want to call it a 100 year cycle

please, let me know the last time the govt spend hundreds of billions to bail out banks and insurance firms

let me know , go ahead
waiting

[RageWizard]

its not a cycle unless you want to call it a 100 year cycle

please, let me know the last time the govt spend hundreds of billions to bail out banks and insurance firms

let me know , go ahead
waiting

Never, but that doesn't matter.

[tacomax]

i dont care what two random toolboxes on a random betting forum think
its not a cycle
you are parroting garbage you dont even understand

Here's something to read on the business cycle. To clarify, the business cycle isn't something you ride to the shops on.

http://en.wikipedia.org/wiki/Business_cycle

[ryanXL977]

why does it not matter
this is a huge ****ing deal
a huge deal

[RageWizard]

The market is a big ponzi scheme where they sell stories on a daily basis. Now the market has changed from a capitalist system to a socialist system, big deal, the same storys will be told and the same bets can be made. No difference.

[picantel]

Every great civilization considered #1 has fallen in the past and it did not matter how big or how powerful. It is not a matter if the US will fall some day but when.

[Fishhead]

USC--I'm not going to help you by stating this.....but I agree with what your saying.

Ive seriously thought about leaving the country...perhaps Ireland or at least Canada.

As stated, I would make sure you have at least a couple guns and some ample ammo, canned food, and good supply of water if possible.

I think housing is headed down much further......it might be wise to get a few grand invested in gold/silver.

[ryanXL977]

the money is being created out of thin air, this is pretty obvious, nobody debates this
if you add capital to a market, it drops the value of our dollar, by a lot
this is a huge deal

i didnt say you cant hedge somehow, but its a big deal for this country
thats what happens when bush runs things, he has done it his whole life, every company he ever ran

the only guy who couldnt find oil in west texas in the 80s

[ryanXL977]

i highly doubt this is the first time a war has been started so people would not notice the country being robbed

we are bankrupt
and everyone with a brain saw it comin

[Fishhead]

There is no way anyone with a semi-rational mind could possibly vote for McCain.

[ryanXL977]

and yet bush won 2x
and reagan 2x

[Fishhead]

Again, just make sure you are armed and with lots of ammo.

I may move back to Iowa just to load up a basement with tons of guns and ammo......(at least $20,000 worth).

[MonkeyF0cker]

The bailouts are actually impeding the cycle. Small businesses who successfully took on manageable risk should be allowed to fill the void left by a failed corporation that was essentially able to take a high risk shot at the American public. Not only did they directly contribute to bankrupting millions of Americans and send their mortgages into default, but they are then held to absolutely zero liability for such carelessness and are then bailed out by the very taxpayers that they took a shot against. It's absolutely mind-blowing that there is not more upheaval over this situation. This is an extremely poor precedent and if it continues to be accepted, our economy and the financial welfare of America in the present and the future is in serious jeopardy.

[tacomax]

ryanXL977 - how long have you worked as an economist?

[ryanXL977]

not as long as you or bush, but long enough

[Fishhead]

The bailouts are actually impeding the cycle. Small businesses who successfully took on manageable risk should be allowed to fill the void left by a failed corporation that was essentially able to take a high risk shot at the American public. Not only did they directly contribute to bankrupting millions of Americans and send their mortgages into default, but they are then held to absolutely zero liability for such carelessness and are then bailed out by the very taxpayers that they took a shot against. It's absolutely mind-blowing that there is not more upheaval over this situation. This is an extremely poor precedent and if it continues to be accepted, our economy and the financial welfare of America in the present and the future is in serious jeopardy.

BINGO......

People laugh at me when I say we may NEVER see 14,000 in the DOW again.

[donjuan]

this has nothing to do with a cycle my friend
nothing at all

we bounced back from the depression bc we started regulating markets, bc we had a great and visionary leader in fdr

Hmmm....

[RageWizard]

BINGO......

People laugh at me when I say we may NEVER see 14,000 in the DOW again.

But we will see 8500, so sell, sell, sell.

[Fishhead]

Hmmm....