Home › Forums › Financial Markets/Economics › The “Real” Economy Is Dying: Q4 “Going to Be a Bloodbath”
- This topic has 75 replies, 11 voices, and was last updated 15 years, 4 months ago by
Anonymous.
-
AuthorPosts
-
October 6, 2009 at 11:58 AM #16452October 6, 2009 at 12:00 PM #464613
Arraya
ParticipantPropping up housing prices is expensive. The banks are going to need another infusion of cash.
October 6, 2009 at 12:00 PM #464799Arraya
ParticipantPropping up housing prices is expensive. The banks are going to need another infusion of cash.
October 6, 2009 at 12:00 PM #465217Arraya
ParticipantPropping up housing prices is expensive. The banks are going to need another infusion of cash.
October 6, 2009 at 12:00 PM #465423Arraya
ParticipantPropping up housing prices is expensive. The banks are going to need another infusion of cash.
October 6, 2009 at 12:00 PM #465146Arraya
ParticipantPropping up housing prices is expensive. The banks are going to need another infusion of cash.
October 6, 2009 at 4:31 PM #465384dbapig
ParticipantThis morning I was at a starbucks picking up my coffee. I know I know, I’ve cut back but today I felt like it. While there, I saw these sales type people assembling for a meeting at the starbucks.
Anyhow, one of them was a lady who mentioned to another that someone she knew was giving up on 10 (?) properties and walking away. That guy was going to work as an employee at an engineering firm after walking away from a dozen or so residential/commercial properties. Start Fresh. She said he had no kids but a really good wife.
I didn’t know whether to feel mad or bad for the guy.
October 6, 2009 at 4:31 PM #465456dbapig
ParticipantThis morning I was at a starbucks picking up my coffee. I know I know, I’ve cut back but today I felt like it. While there, I saw these sales type people assembling for a meeting at the starbucks.
Anyhow, one of them was a lady who mentioned to another that someone she knew was giving up on 10 (?) properties and walking away. That guy was going to work as an employee at an engineering firm after walking away from a dozen or so residential/commercial properties. Start Fresh. She said he had no kids but a really good wife.
I didn’t know whether to feel mad or bad for the guy.
October 6, 2009 at 4:31 PM #465038dbapig
ParticipantThis morning I was at a starbucks picking up my coffee. I know I know, I’ve cut back but today I felt like it. While there, I saw these sales type people assembling for a meeting at the starbucks.
Anyhow, one of them was a lady who mentioned to another that someone she knew was giving up on 10 (?) properties and walking away. That guy was going to work as an employee at an engineering firm after walking away from a dozen or so residential/commercial properties. Start Fresh. She said he had no kids but a really good wife.
I didn’t know whether to feel mad or bad for the guy.
October 6, 2009 at 4:31 PM #465665dbapig
ParticipantThis morning I was at a starbucks picking up my coffee. I know I know, I’ve cut back but today I felt like it. While there, I saw these sales type people assembling for a meeting at the starbucks.
Anyhow, one of them was a lady who mentioned to another that someone she knew was giving up on 10 (?) properties and walking away. That guy was going to work as an employee at an engineering firm after walking away from a dozen or so residential/commercial properties. Start Fresh. She said he had no kids but a really good wife.
I didn’t know whether to feel mad or bad for the guy.
October 6, 2009 at 4:31 PM #464851dbapig
ParticipantThis morning I was at a starbucks picking up my coffee. I know I know, I’ve cut back but today I felt like it. While there, I saw these sales type people assembling for a meeting at the starbucks.
Anyhow, one of them was a lady who mentioned to another that someone she knew was giving up on 10 (?) properties and walking away. That guy was going to work as an employee at an engineering firm after walking away from a dozen or so residential/commercial properties. Start Fresh. She said he had no kids but a really good wife.
I didn’t know whether to feel mad or bad for the guy.
October 6, 2009 at 5:47 PM #464909Chris Scoreboard Johnston
ParticipantI heard him on a radio talk show a couple of weeks ago, and he was also mentioning that of the 8500 or so banks that are out there, 2500 are insolvent right now. He is not someone with a political agenda he is just an analyst. I hope he is wrong about that, but what a number. He also said about 2000 are in very good shape, and the rest somewhere in between these two conditions.
He did predict very difficult times ahead due to this and mentioned this was more than what the government can handle in his opinion. It might be in the archives of Mo Ansari’s Market Wrap on 1000 AM. I think I have those numbers right, but I might be off slightly with them.
I think if you go to Compak which is Ansari’s managment company he said his shows are archived there for listening.
October 6, 2009 at 5:47 PM #465444Chris Scoreboard Johnston
ParticipantI heard him on a radio talk show a couple of weeks ago, and he was also mentioning that of the 8500 or so banks that are out there, 2500 are insolvent right now. He is not someone with a political agenda he is just an analyst. I hope he is wrong about that, but what a number. He also said about 2000 are in very good shape, and the rest somewhere in between these two conditions.
He did predict very difficult times ahead due to this and mentioned this was more than what the government can handle in his opinion. It might be in the archives of Mo Ansari’s Market Wrap on 1000 AM. I think I have those numbers right, but I might be off slightly with them.
I think if you go to Compak which is Ansari’s managment company he said his shows are archived there for listening.
October 6, 2009 at 5:47 PM #465096Chris Scoreboard Johnston
ParticipantI heard him on a radio talk show a couple of weeks ago, and he was also mentioning that of the 8500 or so banks that are out there, 2500 are insolvent right now. He is not someone with a political agenda he is just an analyst. I hope he is wrong about that, but what a number. He also said about 2000 are in very good shape, and the rest somewhere in between these two conditions.
He did predict very difficult times ahead due to this and mentioned this was more than what the government can handle in his opinion. It might be in the archives of Mo Ansari’s Market Wrap on 1000 AM. I think I have those numbers right, but I might be off slightly with them.
I think if you go to Compak which is Ansari’s managment company he said his shows are archived there for listening.
October 6, 2009 at 5:47 PM #465515Chris Scoreboard Johnston
ParticipantI heard him on a radio talk show a couple of weeks ago, and he was also mentioning that of the 8500 or so banks that are out there, 2500 are insolvent right now. He is not someone with a political agenda he is just an analyst. I hope he is wrong about that, but what a number. He also said about 2000 are in very good shape, and the rest somewhere in between these two conditions.
He did predict very difficult times ahead due to this and mentioned this was more than what the government can handle in his opinion. It might be in the archives of Mo Ansari’s Market Wrap on 1000 AM. I think I have those numbers right, but I might be off slightly with them.
I think if you go to Compak which is Ansari’s managment company he said his shows are archived there for listening.
-
AuthorPosts
- You must be logged in to reply to this topic.