US heading towards epic depression

Cut down on the 10k dollar watch budget. Things are gonna get rough.

--- Nuked ---

On October 06 2008 12:15 devon06atX wrote: fucking hilarious you talk about an 'epic depression' when i guarantee you'll still be living in a warm house, not going hungry, with a stable connection to the internet and a car in the driveway.

not everyone will tho.

nobody makes the exaggerated reactionary panic threads quite like Maynard.

On October 06 2008 12:22 Feiticeira wrote: nobody makes the exaggerated reactionary panic threads quite like Maynard.

Everyone's buddy Ron Paul said we could see a USSR level collapse in the US.

maynard is right there with finance.yahoo.com "MARKET MELTDOWN" in 25pt. font is their way of saying it, but i don't think that it's significantly different

on another note, maynard is thought to have more economics credentials than his critics as the famous "maynard" maneuver from starcraft was one of the most important economic breakthroughs that the world's greatest rts has ever know. also it is commonly regarded as fact that maynard! produced more scvs on average than any player before iloveoov

If you all start going "zomg depression save monies don't spend" then it'll be a self justifying prophecy. As long as the media keeps a unified stance on this it doesn't actually matter what they say.

more scvs than NTT? cant be

of course "mass-hysteria caused due to lack of understanding + reliance on mass media" has a huge effect.

However, there is something called fundamentals and they certainly point to a depression that very may well be epic.

Starting with the fannie/freddie bailouts and certainly with the AIG bailout, the severity of this crisis is clearly evident and those who blame it on just hysteria lack a fundamental understanding of what is going on.

oh i thought they were the same person. ugh my ancient starcraft trivia is deteriorating

On October 06 2008 12:37 KwarK wrote: If you all start going "zomg depression save monies don't spend" then it'll be a self justifying prophecy. As long as the media keeps a unified stance on this it doesn't actually matter what they say.

This... usually I love dumb people because well, they are dumb and it's easy to exploit them for instance on the poker table but this is other side of the coin... people always follow the masses and the masses ain't doing right now...

Although TenBagger is also quite right, not all has to do with people not thinking and following the crowd alone but I'm trying to keep my head straight and not follow into the crowd and shit, always stay positive, right ??

On October 06 2008 12:33 failsafe wrote: on another note, maynard is thought to have more economics credentials than his critics as the famous "maynard" maneuver from starcraft was one of the most important economic breakthroughs that the world's greatest rts has ever know. also it is commonly regarded as fact that maynard! produced more scvs on average than any player before iloveoov

ROFL!! Gold gold gold!!!

On October 06 2008 12:33 failsafe wrote: maynard is right there with finance.yahoo.com "MARKET MELTDOWN" in 25pt. font is their way of saying it, but i don't think that it's significantly different on another note, maynard is thought to have more economics credentials than his critics as the famous "maynard" maneuver from starcraft was one of the most important economic breakthroughs that the world's greatest rts has ever know. also it is commonly regarded as fact that maynard! produced more scvs on average than any player before iloveoov

Thank you. Someone recognizes that I'm very qualified to speak on this subject.

oh wow this is just like tlnet.
everyone is a self-proclaimed financial guru.
Rebel on kids, rebel on. Down with the media!

On October 06 2008 12:50 tloapc wrote:

ROFL

Let me hold you in my arms Maynard, i'll be Jack and you can be Rose !

my trading account went up 55% today, while im in school

needless to say im on 100% short positions.

i dont think this is a meltdown, the whole market is overvalued (in comparison to the GDP) by so much in the first place

its called a correction

On October 06 2008 13:06 Maynard! wrote: Show nested quote + On October 06 2008 12:33 failsafe wrote: maynard is right there with finance.yahoo.com "MARKET MELTDOWN" in 25pt. font is their way of saying it, but i don't think that it's significantly different on another note, maynard is thought to have more economics credentials than his critics as the famous "maynard" maneuver from starcraft was one of the most important economic breakthroughs that the world's greatest rts has ever know. also it is commonly regarded as fact that maynard! produced more scvs on average than any player before iloveoov Thank you. Someone recognizes that I'm very qualified to speak on this subject.

I recognize that you suck at putting topics in the right forum