US heading towards epic depression - Page 3

On October 15 2008 23:07 Zorglub wrote: Show nested quote + On October 15 2008 22:52 casinocasino wrote: Where the place to invest? Guns and canned food

+gold and a cabin in the woods you can hide out in

ENOUGH

OF

THESE

FUCKING

THREADS


: seriously every 3 days we don't need a new 'end of the world' thread...

f&f's excessive securitization inflates home prices. f&f teefs billions operating as basically the biggest jew in the universe and the market applauds and buys it up to hojillion. f&f basically poses as a government entity, enjoys favor in the form of cheaper money, assumes 0 exposure, sits on a pile of money, and doles it out so that banks don't need to keep a couple extra 100 million on hand for mortgages; in return they go X below the overnight rate and keep a fraction of the acquired vig before passing on a portion (but still greater than treasury) onto the bondholders - with no guarantee of payment, just a promise. people buy the bonds because it feels good to help people buy homes and to make a little money. f&f controls the mortgage, not the equity. they have their cash and the mortgages and manipulate both and as long as the vig is coming in, they can arbitrage at will to maximize return.

time passes and f&f finds itself under competitive pressure after having been exposed as massive jews who cherrypick the mortgages of beverly hills couples and trust fund babies. in order to be competitive, they securitize mountains of subprime and attempt to stealth it into their instruments. the market responds differently, AAA rating notwithstanding. more time passes. families with an income of 36k somehow default on their 350k ARM mortgages, bundled as part of "FNM promise2pay happyfunbond! #42." with negative income and plummeting volume and, well, negative everything, f&f proves unable to keep their promises. nobody can do shit about it though so they sit on a mountain of cash, idle. the market realizes that the market cap for a company doing nothing and losing money and with no reasonable prospect for growth or return in the forseeable future should be fuckall and the market collectively decides to do something: kill f&f and allow the vacuum to be filled.

agreed, but in the last line you are not refering to the bailout are you?

kinda hard to fill 1.7tril, i could do it with sperm in 2 weeks if i tried really hard imo

filling the void is not ideal imo, you take FF take the fall so they sell their actions and assets at their right price and let the market settle in its own natural way instead of injecting 1.7trillions in future inflation causing a huge ass moral hazard that FF where well aware off since the government owned a big part of them. However that was never going to happen, why would they take the loss when every citizen can cover up their losses?

On October 15 2008 22:52 casinocasino wrote: Where the place to invest?

Come January I'm going to bomb a shitload of money into MGM stock. It's at an all time low and casinos are getting crushed. And because people are degenerates they will definitely bounce back and that stock will go through the roof.

just a little downturn that's all, right? i'm just sitting back watching this all unravel and laughing at all the people who say this is a panic, mass hysteria, slight recession, market correction, FOX news propaganda, etc. most people on the internet forums think they know so much and are right 100% of the time and they wouldn't see a depression coming even if it smacked them in the face. even then they'd deny it. i'm sure it was like this in the 30s too. gotta love the egos especially those healthy american egos. USA USA USA USA!!!

On October 16 2008 12:12 jkpickett wrote: just a little downturn that's all, right? i'm just sitting back watching this all unravel and laughing at all the people who say this is a panic, mass hysteria, slight recession, market correction, FOX news propaganda, etc. most people on the internet forums think they know so much and are right 100% of the time and they wouldn't see a depression coming even if it smacked them in the face. even then they'd deny it. i'm sure it was like this in the 30s too. gotta love the egos especially those healthy american egos. USA USA USA USA!!!

Ah yes, the paranoid "EVERYTHING IS PROPAGANDA" dude.

Explain this to me. Ive discussed the current Economic situation with my Econ Professors(you know, the dudes with PhDs) and none of them think there will be a depression. Sure, there might and probably will be a market-correcting recession because of all the over-valued assets(unless the govt buys them of course, but that's another thread). Not one of them thinks there will be a depression and these are guys that spend their entire day reading, playing, and researching the markets and economy in general.

So here's my question, what do you think you know? That's fine if you want to sit in your chair and cross your arms and say things like "i told you so" like an idiot before anything happens, but you cant just make statements like "im sure it was like this in the 30s". Really, you're sure? How about some proof, because just saying that shows how little you know about the previous depression. The first big downturn was like 4 or 5 DAYS before the epic crash. Our economy cant even be compared to the one of 1929 feasibly.

On October 16 2008 12:12 jkpickett wrote: just a little downturn that's all, right? i'm just sitting back watching this all unravel and laughing at all the people who say this is a panic, mass hysteria, slight recession, market correction, FOX news propaganda, etc. most people on the internet forums think they know so much and are right 100% of the time and they wouldn't see a depression coming even if it smacked them in the face. even then they'd deny it. i'm sure it was like this in the 30s too. gotta love the egos especially those healthy american egos. USA USA USA USA!!!

i remember saying that there would be a huge ass depression in late summer im very proud of such a sick prediction, lots of luck involved tho

zzz if u guys are so confident at predicting depressions and can put ur $ where ur mouth is, u could easily make millions...

i think the world is not going to end... noone's panickin or shit, no clue where u get all this. usa still care more about celebrities and other entertainment crap than stock market

On October 16 2008 16:14 JYang wrote: zzz if u guys are so confident at predicting depressions and can put ur $ where ur mouth is, u could easily make millions... i think the world is not going to end... noone's panickin or shit, no clue where u get all this. usa still care more about celebrities and other entertainment crap than stock market

dep is getting 61 million for the new pirates movie **** this im becoming an actor

gg guys