Oh, Great, Dr. Doom Is Downcast

Discussion in 'Current Events' started by rayboyusmc, Mar 3, 2009.

  1. rayboyusmc
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    rayboyusmc Senior Member

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    No one really understands the economy here and how it is intertwined with the global economy. Lot of theories, no reality.

    If a butterfly farts in Japan does a day trader panic in New York?

    http://finance.yahoo.com/tech-ticker/article/197164/Even-%27Dr.-Doom%27-Is-Scared-Economy-Much-Worse-Than-Roubini-Predicted?tickers=^dji,^gspc,QQQQ,DIA,SPY
     
  2. WillowTree
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    WillowTree Diamond Member

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    falling falling falling falling
     
  3. Sinatra
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    Sinatra Senior Member

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    And yet watch Mr. Buffet scoop up hundreds of millions of dollars worth of discounted shares of various corporations following his announcement.

    The old man is a sly one...
     
  4. auditor0007
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    auditor0007 Gold Member

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    Those with cash in severely depressed times become extremely wealthy. Just wait until real estate has bottomed out, then watch who starts buying it all up.
     
  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Unless the government printed up trillions of new dollars for additional future spending thus driving the value of said dollar in the tank.
     

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