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bsrsharma.
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April 12, 2007 at 4:34 PM #8831April 13, 2007 at 7:16 AM #50015
LookoutBelow
ParticipantProf. Roubini is a clear thinking man and pretty much shot down that "cheerleader" from Columbia U…..Roubini used facts, hard data and graphic charts…..The idiot Columbia Prof. used "optimism" to support his silliness…..
What bothers me is the way these asshole "cheerleader's" can tell outright, bald face LIES with a straight face….truly megalomaniacs coupled with pathalogical lying….kinda like politicians
But the "sheeple" who are on the wrong end of an ARM will use the Columbia Professor's "optimism" as ammo for their continued Cognitive Dissonance……..They will see what they want to see, never minding the facts.
Reality has a cruel way of dealing with these kinds of sleep walkers.
April 13, 2007 at 9:17 AM #50023greekfire
ParticipantChristopher Mayer came across more like a realtor than an objective economist. What do you think his first argument was? Time on the market has decreased over the last 4 or 5 months. As soon as I heard that I knew this guy was full of it. The man teaches economics at an esteemed university, he goes on national TV to debate against an internationally respected economist, and the first argument that he presents is about “time on the market”. Un-frickin-believable.
Mayer’s whole deal was that the negative housing metrics we are seeing today aren’t “nearly” as bad as they were in the late 80s. In fact, he said that there isn’t a single indicator today that is as bad as it was in the late 80s. He also mentions that it is not correct to compare current or potential decreases in today’s market as they are coming off an unprecedented bubble. This should be of comfort to home owners who are seeing their values drop on a daily basis. It’s gonna fall much farther than it ever has, but it least the drop is not as fast as it was in the late 80s!
August 3, 2008 at 5:51 PM #251380bsrsharma
ParticipantYes, That’s $2 Trillion of Debt-Related Losses
LIKE THE EXHORTATIONS OF JEREMIAH TO THE NATION OF Israel before the first temple’s destruction, the warnings of economist Nouriel Roubini fell on deaf ears. For the past two years Roubini, a professor at New York University, has cautioned about a huge housing bubble whose bursting would lead to a 20% drop in home prices; a collapse in subprime mortgages; a severe banking crisis and credit crunch; the near-failure of Fannie Mae and Freddie Mac, and a U.S. recession of a magnitude not seen since the Great Depression. So far, this latter-day prophet of doom has been on the mark, …
This video is the real straight talk express
http://online.barrons.com/public/page/8_0007.html?bctid=1705721308&autoStart=yes&mod=ba_videoAugust 3, 2008 at 5:51 PM #251539ParticipantYes, That’s $2 Trillion of Debt-Related Losses
LIKE THE EXHORTATIONS OF JEREMIAH TO THE NATION OF Israel before the first temple’s destruction, the warnings of economist Nouriel Roubini fell on deaf ears. For the past two years Roubini, a professor at New York University, has cautioned about a huge housing bubble whose bursting would lead to a 20% drop in home prices; a collapse in subprime mortgages; a severe banking crisis and credit crunch; the near-failure of Fannie Mae and Freddie Mac, and a U.S. recession of a magnitude not seen since the Great Depression. So far, this latter-day prophet of doom has been on the mark, …
This video is the real straight talk express
http://online.barrons.com/public/page/8_0007.html?bctid=1705721308&autoStart=yes&mod=ba_videoAugust 3, 2008 at 5:51 PM #251548ParticipantYes, That’s $2 Trillion of Debt-Related Losses
LIKE THE EXHORTATIONS OF JEREMIAH TO THE NATION OF Israel before the first temple’s destruction, the warnings of economist Nouriel Roubini fell on deaf ears. For the past two years Roubini, a professor at New York University, has cautioned about a huge housing bubble whose bursting would lead to a 20% drop in home prices; a collapse in subprime mortgages; a severe banking crisis and credit crunch; the near-failure of Fannie Mae and Freddie Mac, and a U.S. recession of a magnitude not seen since the Great Depression. So far, this latter-day prophet of doom has been on the mark, …
This video is the real straight talk express
http://online.barrons.com/public/page/8_0007.html?bctid=1705721308&autoStart=yes&mod=ba_videoAugust 3, 2008 at 5:51 PM #251606ParticipantYes, That’s $2 Trillion of Debt-Related Losses
LIKE THE EXHORTATIONS OF JEREMIAH TO THE NATION OF Israel before the first temple’s destruction, the warnings of economist Nouriel Roubini fell on deaf ears. For the past two years Roubini, a professor at New York University, has cautioned about a huge housing bubble whose bursting would lead to a 20% drop in home prices; a collapse in subprime mortgages; a severe banking crisis and credit crunch; the near-failure of Fannie Mae and Freddie Mac, and a U.S. recession of a magnitude not seen since the Great Depression. So far, this latter-day prophet of doom has been on the mark, …
This video is the real straight talk express
http://online.barrons.com/public/page/8_0007.html?bctid=1705721308&autoStart=yes&mod=ba_videoAugust 3, 2008 at 5:51 PM #251613ParticipantYes, That’s $2 Trillion of Debt-Related Losses
LIKE THE EXHORTATIONS OF JEREMIAH TO THE NATION OF Israel before the first temple’s destruction, the warnings of economist Nouriel Roubini fell on deaf ears. For the past two years Roubini, a professor at New York University, has cautioned about a huge housing bubble whose bursting would lead to a 20% drop in home prices; a collapse in subprime mortgages; a severe banking crisis and credit crunch; the near-failure of Fannie Mae and Freddie Mac, and a U.S. recession of a magnitude not seen since the Great Depression. So far, this latter-day prophet of doom has been on the mark, …
This video is the real straight talk express
http://online.barrons.com/public/page/8_0007.html?bctid=1705721308&autoStart=yes&mod=ba_video -
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