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Interesting Article on the Economy

We're...

fucked!
8
57%
in good shape!
3
21%
completely unaware of the fact that the costs of the war in Iraq aren't being counted in the Federal budget!
3
21%
neepo-conspertatives!
0
No votes
ijiots trying to thwart free-trade!
0
No votes
 
Total votes : 14


Interesting Article on the Economy

Postby Brig » Mar 6, 2006 @ 8:15am

Truth is a possession.
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Postby Andy » Mar 6, 2006 @ 8:34am

It's a good thing the neocons are for small government.

Who'd have thought that indefinitely funding ballooning expenses with increasing debt was a bad idea? Everyone? Oh yeah. Well, of course, apart from those of us banking on a rapture. I.e., the fuck wits in charge of this country. And the fuckier-fuck wits that voted for them.

This Christian Republicanism reminds me of that saying: "Imagine how stupid the average person is, now realize half the world is more stupid than that". Except, with them it's more like: "Imagine how stupid the president is, now realize half of the American voter base is more stupid than that!"
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Postby sponge » Mar 6, 2006 @ 8:20pm

holy internets batman.
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Postby Bluetrane » Mar 7, 2006 @ 12:56am

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Postby Caesar » Mar 7, 2006 @ 3:16am

Organic Superlube? Oh, it's great stuff, great stuff. You really have to keep an eye on it, though--it'll try and slide away from you the first chance it gets.
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Postby Andy » Mar 7, 2006 @ 6:38am



So fucked.

This debt is starting to get people worried. The short and long-term t-bill yield curves have already inverted this year (which is basically the market predicting a recession).

Then there is the housing market bubble. Home-building has by-and-large been the economic stimulus that pulled us out of the last recession. It's leveling off. But now there's a ton of people sitting on homes they can barely afford. What's going to happen when the rates on those adjustable mortgage rates go up and/or the economy heads south (even a little bit)? Market supply of houses goes up => prices of houses goes down => people's house mortgages worth substantially more than their house's value => massive loan defaults.

Remind anyone of pre-crash/crashing Japan?
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Postby sandmann » Mar 8, 2006 @ 12:03am

The fates lead him who will;
Him who won't, they drag.

Seneca
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Postby Brig » Mar 10, 2006 @ 4:30am

I was looking at a time horizon of about a quarter century.

I figured it was assumed that the national real estate market will flatten out and perhaps experience the first drops in nominal prices in decades. Lower prices for homes means less new construction--construction which has helped our economy over the past few years. It's very evident that the advantage is moving from the seller to the buyer. It's already the case in the $1 million+ market, and this will only start to trickle down over the coming months.

I'm worn out.

More coffee, please.
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Postby sandmann » Mar 11, 2006 @ 5:06am

Basically, I agree with you. I've recently taken up investing in the stock market, and for a while I've been looking for a good growth stock in which to put my money. I've since abandoned that search and am now looking only for value. I'm pretty much convinced we're gonna come on some leaner times, though I don't see a recession coming within the year.

I've bought some Microsoft and some Seagate, and I'm thinking of getting some Kohl's.
The fates lead him who will;
Him who won't, they drag.

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Postby James S » Mar 11, 2006 @ 4:17pm

Check out Banc of America, too.
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Postby RICoder » Mar 15, 2006 @ 1:50am

<iframe src="http://gamercard.xbox.com/RICoder.card" scrolling="no" frameBorder="0" height="140" width="204">RICoder</iframe>
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Postby RICoder » Mar 15, 2006 @ 2:02am

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Postby Brig » Mar 21, 2006 @ 7:07am

Truth is a possession.
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