Home › Forums › Financial Markets/Economics › Does anyone else become depressed from reading Mish’s Blog or any other decent economy blog?
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CricketOnTheHearth.
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November 24, 2009 at 9:42 AM #486913November 24, 2009 at 1:17 PM #486174
DWCAP
ParticipantI was far more depressed back in 2006-2007 reading the buisness section of the paper than I am now reading Mish or piggington or whatever ‘bear’ blog you prefer. Back then I kept thinking, “I dont get it, could everything all my economic’s teachers in college taught me be totally wrong???” and “How the hell am I the only one who isnt making a million dollars a year? Everyone seems to have so frakin much money. How do they do it??”
Now I read the news and while not happy news, it atleast confirms that I didnt waste those years in college and that the professors were not lying to me. Plus it serves as a nice bullwark against those ‘happy’ articles in the buisness section.
November 24, 2009 at 1:17 PM #486341ParticipantI was far more depressed back in 2006-2007 reading the buisness section of the paper than I am now reading Mish or piggington or whatever ‘bear’ blog you prefer. Back then I kept thinking, “I dont get it, could everything all my economic’s teachers in college taught me be totally wrong???” and “How the hell am I the only one who isnt making a million dollars a year? Everyone seems to have so frakin much money. How do they do it??”
Now I read the news and while not happy news, it atleast confirms that I didnt waste those years in college and that the professors were not lying to me. Plus it serves as a nice bullwark against those ‘happy’ articles in the buisness section.
November 24, 2009 at 1:17 PM #486715ParticipantI was far more depressed back in 2006-2007 reading the buisness section of the paper than I am now reading Mish or piggington or whatever ‘bear’ blog you prefer. Back then I kept thinking, “I dont get it, could everything all my economic’s teachers in college taught me be totally wrong???” and “How the hell am I the only one who isnt making a million dollars a year? Everyone seems to have so frakin much money. How do they do it??”
Now I read the news and while not happy news, it atleast confirms that I didnt waste those years in college and that the professors were not lying to me. Plus it serves as a nice bullwark against those ‘happy’ articles in the buisness section.
November 24, 2009 at 1:17 PM #486801ParticipantI was far more depressed back in 2006-2007 reading the buisness section of the paper than I am now reading Mish or piggington or whatever ‘bear’ blog you prefer. Back then I kept thinking, “I dont get it, could everything all my economic’s teachers in college taught me be totally wrong???” and “How the hell am I the only one who isnt making a million dollars a year? Everyone seems to have so frakin much money. How do they do it??”
Now I read the news and while not happy news, it atleast confirms that I didnt waste those years in college and that the professors were not lying to me. Plus it serves as a nice bullwark against those ‘happy’ articles in the buisness section.
November 24, 2009 at 1:17 PM #487033ParticipantI was far more depressed back in 2006-2007 reading the buisness section of the paper than I am now reading Mish or piggington or whatever ‘bear’ blog you prefer. Back then I kept thinking, “I dont get it, could everything all my economic’s teachers in college taught me be totally wrong???” and “How the hell am I the only one who isnt making a million dollars a year? Everyone seems to have so frakin much money. How do they do it??”
Now I read the news and while not happy news, it atleast confirms that I didnt waste those years in college and that the professors were not lying to me. Plus it serves as a nice bullwark against those ‘happy’ articles in the buisness section.
November 24, 2009 at 1:30 PM #486189CDMA ENG
ParticipantFunny I had the same reaction. I thought… hey I am making good money and I can’t live the lifestyle everyone else has…
Then I started reading and found out about the miracle of credit!
The lights went on…
CE
November 24, 2009 at 1:30 PM #486356ParticipantFunny I had the same reaction. I thought… hey I am making good money and I can’t live the lifestyle everyone else has…
Then I started reading and found out about the miracle of credit!
The lights went on…
CE
November 24, 2009 at 1:30 PM #486729ParticipantFunny I had the same reaction. I thought… hey I am making good money and I can’t live the lifestyle everyone else has…
Then I started reading and found out about the miracle of credit!
The lights went on…
CE
November 24, 2009 at 1:30 PM #486816ParticipantFunny I had the same reaction. I thought… hey I am making good money and I can’t live the lifestyle everyone else has…
Then I started reading and found out about the miracle of credit!
The lights went on…
CE
November 24, 2009 at 1:30 PM #487048ParticipantFunny I had the same reaction. I thought… hey I am making good money and I can’t live the lifestyle everyone else has…
Then I started reading and found out about the miracle of credit!
The lights went on…
CE
November 24, 2009 at 1:39 PM #486194Eugene
Participant[quote=Zeitgeist]”The United States is not only not saving nuts, it’s eating the ones left over from the last winter.”
New York Times: U.S. Racing Toward Debt ‘Shock’
“A page one, top-of-the-fold New York Times report Monday warns that U.S. debt is rising so fast that the federal government is careening toward a ‘payment shock’ in the not-too-distant future.”
“The Times lead headline read: ‘Federal Government Faces Balloon in Debt Payments: At $700 Billion a Year, Cost Will Top Budgets for 2 Wars, Education, Energy.’”
“The Times headline appears eerie just as the Senate moves to push forward on a radical healthcare reform — with CBO estimates for a final bill costing nearly $1 trillion dollars over the next year.”[/quote]
Meanwhile, Bill Gross of Pimco has increased his fund’s holdings of US-government-related debt from 48 percent in September to 63 percent now.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aN78quNzqd5Y&pos=5
But hey, what does one of the most successful bond investors in history know?
November 24, 2009 at 1:39 PM #486361Participant[quote=Zeitgeist]”The United States is not only not saving nuts, it’s eating the ones left over from the last winter.”
New York Times: U.S. Racing Toward Debt ‘Shock’
“A page one, top-of-the-fold New York Times report Monday warns that U.S. debt is rising so fast that the federal government is careening toward a ‘payment shock’ in the not-too-distant future.”
“The Times lead headline read: ‘Federal Government Faces Balloon in Debt Payments: At $700 Billion a Year, Cost Will Top Budgets for 2 Wars, Education, Energy.’”
“The Times headline appears eerie just as the Senate moves to push forward on a radical healthcare reform — with CBO estimates for a final bill costing nearly $1 trillion dollars over the next year.”[/quote]
Meanwhile, Bill Gross of Pimco has increased his fund’s holdings of US-government-related debt from 48 percent in September to 63 percent now.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aN78quNzqd5Y&pos=5
But hey, what does one of the most successful bond investors in history know?
November 24, 2009 at 1:39 PM #486734Participant[quote=Zeitgeist]”The United States is not only not saving nuts, it’s eating the ones left over from the last winter.”
New York Times: U.S. Racing Toward Debt ‘Shock’
“A page one, top-of-the-fold New York Times report Monday warns that U.S. debt is rising so fast that the federal government is careening toward a ‘payment shock’ in the not-too-distant future.”
“The Times lead headline read: ‘Federal Government Faces Balloon in Debt Payments: At $700 Billion a Year, Cost Will Top Budgets for 2 Wars, Education, Energy.’”
“The Times headline appears eerie just as the Senate moves to push forward on a radical healthcare reform — with CBO estimates for a final bill costing nearly $1 trillion dollars over the next year.”[/quote]
Meanwhile, Bill Gross of Pimco has increased his fund’s holdings of US-government-related debt from 48 percent in September to 63 percent now.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aN78quNzqd5Y&pos=5
But hey, what does one of the most successful bond investors in history know?
November 24, 2009 at 1:39 PM #486821Participant[quote=Zeitgeist]”The United States is not only not saving nuts, it’s eating the ones left over from the last winter.”
New York Times: U.S. Racing Toward Debt ‘Shock’
“A page one, top-of-the-fold New York Times report Monday warns that U.S. debt is rising so fast that the federal government is careening toward a ‘payment shock’ in the not-too-distant future.”
“The Times lead headline read: ‘Federal Government Faces Balloon in Debt Payments: At $700 Billion a Year, Cost Will Top Budgets for 2 Wars, Education, Energy.’”
“The Times headline appears eerie just as the Senate moves to push forward on a radical healthcare reform — with CBO estimates for a final bill costing nearly $1 trillion dollars over the next year.”[/quote]
Meanwhile, Bill Gross of Pimco has increased his fund’s holdings of US-government-related debt from 48 percent in September to 63 percent now.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aN78quNzqd5Y&pos=5
But hey, what does one of the most successful bond investors in history know?
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