Is this guy right or wrong?

Discussion in 'Stock Market' started by Neubarth, Aug 10, 2009.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    http://www.youtube.com/v/eVicwzE-u3A&rel

    I have tried to link to a flash player link on YouTube.

    If he is wrong, please explain. I am still in learning mode trying to understand all of the stuff that these people are saying. At times, I get so damned confused with all the pro and con people out there.
     
    Last edited: Aug 10, 2009
  2. Terry
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    Terry Shut the $%$ Up!

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    [ame]http://www.youtube.com/watch?v=eVicwzE-u3A[/ame]
     
  3. Terry
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    Terry Shut the $%$ Up!

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    Last edited: Aug 10, 2009
  4. Terry
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    Terry Shut the $%$ Up!

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    I think you used a 3rd party link for youtube like google or something right? Notice the rel at the end isn't on my link? IT's best to open the vid on Youtubes webpage and copy URL link there, then paste here.
     
  5. Neubarth
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    Neubarth At the Ballpark July 30th

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    Thank you young lady, I did not know how that was done. I am learning new things every day. Yahoo!
     
  6. publicprotector
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    publicprotector Member

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    Sad to say but he is correct, the real picture is being hidden its that bad but its going to get a whole lot worse very soon.
     
  7. Toro
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    Toro Diamond Member

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    Odds are, things are going to get better, not worse.

    The economy is stabilizing and there is massive liquidity in the system and stimulus on its way.
     
  8. Paulie
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    Paulie Platinum Member

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    For these reasons, I expect to see a "recovery".

    Whether or not it turns out to be fruitful in the long run remains to be seen.

    I think history tells us what the obvious outcome will be. Yet another asset bubble.
     
  9. AllieBaba
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    AllieBaba BANNED

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    Got some evidence of that, rocketman?
     
  10. Paulie
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    Paulie Platinum Member

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    Evidence of massive liquidity in the system:

    St. Louis Fed: Series: BASE, St. Louis Adjusted Monetary Base

    [​IMG]

    And as for the stimulus, that of course needs no evidence provided, we all know about that bill.

    Whether or not things get "better" is still in question. The massive liquidity is almost certainly going to lead to another bubble, because that's what history shows will happen when you create too much money. An asset bubble will lead to some kind of boom period, because lots of people are making a ton of money again. But when that bubble pops, it's just going to be the same bullshit all over again. Probably even worse this time if all that newly created money finds its way into the market.
     

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