Comments on: Retail Sales in June 2009

By: Bruce N Tennessee

Bruce N Tennessee — Fri, 10 Jul 2009 15:29:05 +0000

It is ok, onlooker…I just wrote Uncle a very big check for a disagreement about deduction for 2007 and 2008..ranting is allowed..

By: Onlooker from Troy

Onlooker from Troy — Fri, 10 Jul 2009 15:25:19 +0000

Sorry, the rant just slipped out.

By: Onlooker from Troy

Onlooker from Troy — Fri, 10 Jul 2009 15:22:00 +0000

Go figure. The perpetual shopping machine finally broke down. A lot of us out here have been shaking our heads for years wondering what was keeping it all up. Even those who weren’t necessarily using debt to finance it all had completely lost their minds. Some are still there, but many others have awakened from their reverie to wonder why they fell into it, as they survey their huge walk-in closets, garages, and storage units full of tons of crap they don’t need.

By: Bruce N Tennessee

Bruce N Tennessee — Fri, 10 Jul 2009 14:30:55 +0000

I will probably invest in Brazil and India…sorry I’ve been in the OR last few hours..

By: batmando

batmando — Fri, 10 Jul 2009 13:47:15 +0000

@ BnT
“I think the value of the dollar as a world currency…. will be gone in two years.…”
Assuming this will cause you to change your asset allocation model; what defensive posture will you be adopting?

By: cvienne

cvienne — Fri, 10 Jul 2009 13:02:08 +0000

@airtrader

“If one assumes “green shoots”should point upwards, then what do we call all those columns below the x-axis?”

—

I’d call them “blue roots”…& unfortunately they are searching deeper and deeper for water…

By: Bruce N Tennessee

Bruce N Tennessee — Fri, 10 Jul 2009 11:57:51 +0000

Another long day today, but I have been thinking about the time line of our problems and have changed my mind. I don’t think that by this excessive government spending we are postponing this for our children and grandchildren any longer. The consequences of our national debt will be upon us in 24 months or less. I think the value of the dollar as a world currency, which 6 months ago I’d have pooh-poohed as “not gonna happpen” will be gone in two years. Yes, 24 months is my “Cramer”…

….Put it in your book…interesting times..

By: Bruce in Tn

Bruce in Tn — Fri, 10 Jul 2009 11:19:57 +0000

Perhaps that is why exports from China were down so much…they weren’t sending as many t-shirts to Wal-Mart.

…Noted too the falls in PPI in Europe this am….interesting times…

By: aitrader

aitrader — Fri, 10 Jul 2009 11:09:08 +0000

If one assumes “green shoots”should point upwards, then what do we call all those columns below the x-axis? Fertilizer?