Dow hits 10,000

Discussion in 'Economy' started by Chris, Oct 14, 2009.

  1. Chris
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    Chris Gold Member

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  2. Elutherian
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    Elutherian BadMother****er

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    You mean after inflation there's a boom? Who would have predicted that!? But this time there certainly won't be a bust...
     
  3. Maple
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    Maple Senior Member

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    Get ready for the sell off, there is no such thing as a jobless recovery, when people don't have jobs, they don't buy anything but the absolute necessity's, therefore companies and business's don't show the profits, down, down goes the market. Down, down is the value of our dollar. If I were in the market now, I would think seriously about starting to short sell it.

    " A lie gets halfway around the world before the truth has a chance to get it's pants on." Winston Churchill.
     
  4. theHawk
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    theHawk Registered Conservative

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    Yea, 16% real unimployment and we're out of the recession!

    Its like the clueless Michigan Governor bragging about creating 11,000 "green" jobs in 2020 after losing over 700,000 jobs.
     
  5. manu1959
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    manu1959 Left Coast Isolationist

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    you know i remember hiring and back during the boom days......i also rememebr working on job sites with very unqualified people.....

    those people should have remained unemployed and now they are....

    i would say that about 5% of the unemployed need to be absorbed back in and all will be well.....

    my company is at the tipping point of starting to rehire....i would expect it to satrt in the first quarter of 10.....

    i think everyone will continue to hold tight through the holidays.....

    and the market is climbing in advance of that push.....
     
  6. JakeStarkey
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    JakeStarkey Diamond Member Supporting Member

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    Jobs are the last economic indicator to recover; that's why they are called a market lagger.

    Maple is called a 'market maple', because his logic turns all syrupy and runny, just don't make no sense a'tall. Ayup.
     
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  7. Chris
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    Chris Gold Member

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    I am so busy I can barely keep up.

    God bless this recovery.
     
  8. Elutherian
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    Elutherian BadMother****er

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    Ain't gonna be no recover when the dollar collapses. You can only live in the delusion that paper is money, credit is prosperity, and spending without productions or savings is economically feasible for so long before it all comes crashing down.

    We're all about to be up shit creek without a paddle... except for all the smart mother fuckers who bought some gold and silver.
     
  9. rayboyusmc
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    rayboyusmc Senior Member

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    Blame it on Obama. Damn it, he's unscrewing the the Bush economic boom.:razz:
     
  10. Xenophon
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    Xenophon Gone and forgotten

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    Great!

    Cancel the remaining stimulous since we are all good now, what a savings!
     

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