Comments on: Great Depression Rallies

By: Great Depression Rallies - VicktorCapitalist

Great Depression Rallies - VicktorCapitalist — Wed, 29 Apr 2009 14:37:43 +0000

[...] the Big Picture. Re-posting the chart below (click here for larger [...]

By: CyHastings

CyHastings — Tue, 28 Apr 2009 02:29:08 +0000

WWPD

What Would Paul Do??

WTF is Paul Volcker??

He’s no superhero but at least he is honest….he would bring on the needed pain faster….

If this bailout madness continues this nation, and the world, will suffer enormously for it.

I can’t even begin to articulate my disappointment in the Obama administration on the only issue that truly matters right now, which is bringing down these sociopath Wall Street fraudsters Once and For Fucking All.

He’s dropping the ball completely thus far. I thought he had it in him. So far I was wrong.

By: FromLori

FromLori — Tue, 28 Apr 2009 01:06:43 +0000

China ROLF MAO…

They are concerned with our spending and the bailouts so they have doubled their Gold. They have good reason to worry they are having problems of their own their bubble will burst and Painfully…

One more bubble, please.

After the bubbles in technology, housing, and commodities, we saw the mother of all bubbles: the one in global liquidity. The world economy seemed to require bubbles for its continued functioning.

I get the distinct feeling that investors’ prayers are now being answered: There’s a new bubble now – or an old one is being re-inflated, depending on your perspective even as I type th

http://bluelori.blogspot.com/2009/04/rofl-mao.html

By: moneyneversleepsblog

moneyneversleepsblog — Mon, 27 Apr 2009 22:46:44 +0000

@hopeImwrong

I agree, the optimists are in short supply which is actually the ONLY real encouraging sign out there. All you can hope for now is the positive black swan theory (see here: http://moneyneversleepsblog.blogspot.com/2009/04/positive-side-of-black-swan.html)

I assume the same level of fear and negative outlook existed in the 30′s and things did work out (eventually). The worst thing about being negative about the market and the economy is that it still really sucks even if you are dead on…

The rallies in this bear market have got NOTHING on the depression rallies…

By: hopeImwrong

hopeImwrong — Mon, 27 Apr 2009 20:40:15 +0000

Need more optimists on these boards. I’m getting so pessimistic about the future of the US, I tell myself it just can’t be that bad. I look at the facts, I look at the data, and I just get scared. In my world 1+1=2. I’ve seen reality deviate from this long enough for me to question the math, but it always has come back to 1+1=2 in the end. Even if, on the way to equaling two, it get get far out of whack. I no longer question the math. I just hope I’m wrong.

By: willid3

willid3 — Mon, 27 Apr 2009 20:27:54 +0000

and i saw a really good explanation for why the B’s administration did what they did last year. one of the big disasters in the GD was the collapse of the banks. well it seems like 4 – 5 banks have about 75+% of the market. so if one of them crashes the repeat of that bank collapse from the GD happens instantly

By: willid3

willid3 — Mon, 27 Apr 2009 20:24:51 +0000

for all of the gripes about the Federal government’s debt, it pales in comparison to what you and I and the business community owe. and add local government to that and you can see that rest of us owe many times more than what it owes. and their are so many reasons for the GD. among them trying to get back on the gold standard, the fraud that wall street perpetrated on every one else (and each other), the over leveraging by wall street (it almost sounds like wall street was the source of the problem doesn’t it? maybe so).
and what do we have today? hm, wall street over did that leverage thing again, and probably did that fraud thing too (only it was legal this time!! sort of). and they added a new thing. those global weapons of mass destruction, aka CDS. so we aren’t exactly repeating it. but then we are just at the beginning. we are still waiting on that Pecaro redo. and we can hope we can get one too. the down side to it is, we aren’t in as good a shape as we were. we are (and can’t be) energy self sufficient, and we aren’t the worlds goods supplier.
while HH may not have been the root cause (some thing still being debated, and probably will be for the next 100 years, unless are mess replaces it), the biggest problem he had was using a hammer when a pile drive was needed. (or taking a kitchen knife to battle with those with tanks)
the other have of the GD problem is that the public quit taking part in the economy, in part because they were really gloomy. while i suspect that whats behind O’s push, the problem is the public owes top much to get back into the economy again. and they keep watching jobs disappear and thats not helping

By: hopeImwrong

hopeImwrong — Mon, 27 Apr 2009 20:23:28 +0000

@Franklin 2:11

Botswana. Hmmmmm. Do they have internet? Are they owned by bankers yet, or is there still hope? Botswana. That’s the ticket. Thanks.

Actually, I think I prefer Chile (lower debt as a % of GDP).

By: leftback

leftback — Mon, 27 Apr 2009 20:13:27 +0000

@DL:

GS = Government Securities.
You wanna make a trade? We make it – with TARP money.

I bet TPTB are really p***ed off now that we are on to them.
Since MSM is now reading the blogs for ideas, that means pretty soon everyone will be wise to the con.
I don’t think this charade can go on for much longer. One more bailout and it really will be pitchforks.

By: DL

DL — Mon, 27 Apr 2009 20:03:23 +0000

leftback @ 3:18

Funny. But a lot of truth also.