Announcement

Collapse
No announcement yet.

Double Dip Recession or not?

Collapse
X
Collapse
 
  • Page of 5
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 2 3 4 5 template Next
  • #31
    Originally posted by Broncojohnny View Post
    It did in the sense that we could borrow for less for a while.

    In 2003 we borrow $28 million at 3.8% interest only for five years on some properties in New Jersey. That was the best rate we have ever managed to get. We are about to beat that record.
    Man that is a awesome rate.

    China needs to create over 1 million jobs a month. A slight slow down will kill them, a big one will slaughter them.

    Comment

    • #32
      Originally posted by dblack1 View Post
      Man that is a awesome rate.

      China needs to create over 1 million jobs a month. A slight slow down will kill them, a big one will slaughter them.
      China's situation is getting worse by the day, their inflation and wage growth is the best thing we could ask for when it comes to getting manufacturing back to the US. It will happen eventually.
      Originally posted by racrguy
      What's your beef with NPR, because their listeners are typically more informed than others?
      Originally posted by racrguy
      Voting is a constitutional right, overthrowing the government isn't.

      Comment

      • #33
        Originally posted by Broncojohnny View Post
        China's situation is getting worse by the day, their inflation and wage growth is the best thing we could ask for when it comes to getting manufacturing back to the US. It will happen eventually.
        You say that, but how? They are willing to make and sell a ball cap that retails for $25 here for under $1 (09 pricing).

        I don't see how textiles, plastic molding, or any other form of light manufacturing could ever come back to this country. The population increase they have over time will only further lower/depress wages.

        Comment

        • #34
          Originally posted by dblack1 View Post
          You say that, but how? They are willing to make and sell a ball cap that retails for $25 here for under $1 (09 pricing).

          I don't see how textiles, plastic molding, or any other form of light manufacturing could ever come back to this country. The population increase they have over time will only further lower/depress wages.
          It won't be long before we see the biggest induction of middle class that the world has ever seen. These fuckers want the American Dream for themselves too. Unfortunately, since the average household income is roughly $2200, they're going to have to do one of two things (if not both).

          Demand higher wages

          Go balls deep in personal debt

          BTW, China is about to see a housing bubble worse than what we had. Talk about a roller coaster ride without a swing back up!

          Comment

          • #35
            cant believe this forum isnt bullish! gonna go place short positions on my entire portfolio now.

            Comment

            • #36
              Originally posted by QIK46 View Post
              cant believe this forum isnt bullish!
              Lmao!!
              Originally posted by davbrucas
              I want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.

              Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?

              You and slow99 should date. You both have passive aggressiveness down pat.

              Comment

              • #37
                The most real to life lesson I learned about the economy didn't come from my college econ classes but came from my dad.

                He use to say the definition of recession is when your neighbor losses his job....Depression is when you lose yours.

                Comment

                • #38
                  What's the FED going to do? What's gov't going to do?

                  The economy is in a slow recovery, but the gov't may crush it entirely if we let it.
                  US Politics in three words - Divide and Conquer

                  Comment

                  • #39
                    Fuck.

                    <--- not gonna start a Fed discussion on here
                    <--- not gonna start a Fed discussion on here
                    <--- not gonna start a Fed discussion on here...
                    Originally posted by davbrucas
                    I want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.

                    Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?

                    You and slow99 should date. You both have passive aggressiveness down pat.

                    Comment

                    • #40
                      Originally posted by slow99 View Post
                      Fuck.

                      <--- not gonna start a Fed discussion on here
                      <--- not gonna start a Fed discussion on here
                      <--- not gonna start a Fed discussion on here...
                      Why not? They basically threw in the towel and said there is nothing that can save this crap when they froze rates this low for 2 years, right?

                      Doesn't that take a lot of the guessing out of the game? Remember when you had to see what was going on to find out what the Fed was doing with rates?

                      Comment

                      • #41
                        Originally posted by Denny View Post
                        Why not? They basically threw in the towel and said there is nothing that can save this crap when they froze rates this low for 2 years, right?

                        Doesn't that take a lot of the guessing out of the game? Remember when you had to see what was going on to find out what the Fed was doing with rates?
                        The way I look at it is that they don't see things improving enough in two years to need to raise rates. Of course, they could just go back on their word if things did improve. I don't think anyone would be upset, lol.
                        Originally posted by racrguy
                        What's your beef with NPR, because their listeners are typically more informed than others?
                        Originally posted by racrguy
                        Voting is a constitutional right, overthrowing the government isn't.

                        Comment

                        • #42
                          M and A Monday hopefully you guys didn't sit on the sidelines

                          Comment

                          • #43
                            Originally posted by QIK46 View Post
                            M and A Monday hopefully you guys didn't sit on the sidelines
                            Shit, the blood was in the streets last Monday! Never waste a good crisis...
                            Originally posted by racrguy
                            What's your beef with NPR, because their listeners are typically more informed than others?
                            Originally posted by racrguy
                            Voting is a constitutional right, overthrowing the government isn't.

                            Comment

                            • #44
                              Buffett's 2Q report came out today, he bought Wells Fargo, Mastercard and Dollar General in the 2Q. He is also building a secret position in a company that has yet to be revealed.

                              I bought Wells Fargo and was convinced that Family Dollar was the better stock, although I don't own it or Dollar General and haven't researched either to any great degree. I'm interested to see what this secret position is, I'm wondering if it is a major bank that is selling at 40% of book value.
                              Originally posted by racrguy
                              What's your beef with NPR, because their listeners are typically more informed than others?
                              Originally posted by racrguy
                              Voting is a constitutional right, overthrowing the government isn't.

                              Comment

                              • #45
                                i dont know if I would buy into financials right now, I am back to just sitting on apple right now

                                Comment

                                Previous 1 2 3 4 5 template Next
                                Working...
                                X