[barnaby33]

Economists have correctly predicted 9 of the last 5 recessions. Thats some good odds Chris. In America we have a culture of belief in expertise, the more arcane the subject the more we need experts. Since most people, myself included have only a fraction of an inkling of how our economy works, we tend to defer to experts; at least those that share our bias.

Americans need experts so badly that they don’t even bother to check most of the time the actual qualifications of said experts. There are a lot of experts out there, many masquerading as economists.

I want that extra 10% IQ, at least I think I do.
Josh

[barnaby33]

Economists have correctly predicted 9 of the last 5 recessions. Thats some good odds Chris. In America we have a culture of belief in expertise, the more arcane the subject the more we need experts. Since most people, myself included have only a fraction of an inkling of how our economy works, we tend to defer to experts; at least those that share our bias.

Americans need experts so badly that they don’t even bother to check most of the time the actual qualifications of said experts. There are a lot of experts out there, many masquerading as economists.

I want that extra 10% IQ, at least I think I do.
Josh

[barnaby33]

Economists have correctly predicted 9 of the last 5 recessions. Thats some good odds Chris. In America we have a culture of belief in expertise, the more arcane the subject the more we need experts. Since most people, myself included have only a fraction of an inkling of how our economy works, we tend to defer to experts; at least those that share our bias.

Americans need experts so badly that they don’t even bother to check most of the time the actual qualifications of said experts. There are a lot of experts out there, many masquerading as economists.

I want that extra 10% IQ, at least I think I do.
Josh

[barnaby33]

Wasn’t the last rally, “the last chance?” The one before that perhaps? I’ve lost more money in the last week on puts than I’d care to admit, but I’ll make it all back. Whoever (banks IB and otherwise) has been hiding the sausage is going to have to disclose fairly soon.

Id even venture to guess that the fear caused by interest rate freezes on mortgages will smoke out a few giant holes on balance sheets in the next few weeks.

Either way its not the last rally. There are lots of organizations in govt and entertainment that have the ability to move the markets greatly over very short periods of time. Hell all you have to do is float a rumor that Buffet is going to buy something, thats good for a pop. Then the alcohol wears off and people realize, holy sh!t, we’re in debt! Thats when the next round of fun begins.

Josh

[barnaby33]

Wasn’t the last rally, “the last chance?” The one before that perhaps? I’ve lost more money in the last week on puts than I’d care to admit, but I’ll make it all back. Whoever (banks IB and otherwise) has been hiding the sausage is going to have to disclose fairly soon.

Id even venture to guess that the fear caused by interest rate freezes on mortgages will smoke out a few giant holes on balance sheets in the next few weeks.

Either way its not the last rally. There are lots of organizations in govt and entertainment that have the ability to move the markets greatly over very short periods of time. Hell all you have to do is float a rumor that Buffet is going to buy something, thats good for a pop. Then the alcohol wears off and people realize, holy sh!t, we’re in debt! Thats when the next round of fun begins.

Josh

[barnaby33]

Wasn’t the last rally, “the last chance?” The one before that perhaps? I’ve lost more money in the last week on puts than I’d care to admit, but I’ll make it all back. Whoever (banks IB and otherwise) has been hiding the sausage is going to have to disclose fairly soon.

Id even venture to guess that the fear caused by interest rate freezes on mortgages will smoke out a few giant holes on balance sheets in the next few weeks.

Either way its not the last rally. There are lots of organizations in govt and entertainment that have the ability to move the markets greatly over very short periods of time. Hell all you have to do is float a rumor that Buffet is going to buy something, thats good for a pop. Then the alcohol wears off and people realize, holy sh!t, we’re in debt! Thats when the next round of fun begins.

Josh

[barnaby33]

Wasn’t the last rally, “the last chance?” The one before that perhaps? I’ve lost more money in the last week on puts than I’d care to admit, but I’ll make it all back. Whoever (banks IB and otherwise) has been hiding the sausage is going to have to disclose fairly soon.

Id even venture to guess that the fear caused by interest rate freezes on mortgages will smoke out a few giant holes on balance sheets in the next few weeks.

Either way its not the last rally. There are lots of organizations in govt and entertainment that have the ability to move the markets greatly over very short periods of time. Hell all you have to do is float a rumor that Buffet is going to buy something, thats good for a pop. Then the alcohol wears off and people realize, holy sh!t, we’re in debt! Thats when the next round of fun begins.

Josh

[barnaby33]

Wasn’t the last rally, “the last chance?” The one before that perhaps? I’ve lost more money in the last week on puts than I’d care to admit, but I’ll make it all back. Whoever (banks IB and otherwise) has been hiding the sausage is going to have to disclose fairly soon.

Id even venture to guess that the fear caused by interest rate freezes on mortgages will smoke out a few giant holes on balance sheets in the next few weeks.

Either way its not the last rally. There are lots of organizations in govt and entertainment that have the ability to move the markets greatly over very short periods of time. Hell all you have to do is float a rumor that Buffet is going to buy something, thats good for a pop. Then the alcohol wears off and people realize, holy sh!t, we’re in debt! Thats when the next round of fun begins.

Josh

[barnaby33]

With inflation running at 8%, I’m not sure 4% is a good return. Maybe there is something else in your calculus?

Josh

[barnaby33]

With inflation running at 8%, I’m not sure 4% is a good return. Maybe there is something else in your calculus?

Josh

[barnaby33]

With inflation running at 8%, I’m not sure 4% is a good return. Maybe there is something else in your calculus?

Josh

[barnaby33]

With inflation running at 8%, I’m not sure 4% is a good return. Maybe there is something else in your calculus?

Josh

[barnaby33]

With inflation running at 8%, I’m not sure 4% is a good return. Maybe there is something else in your calculus?

Josh

[barnaby33]

When things gets tough or when things don’t go our way, we get divorced. How is that any different than walking from a mortgage loan?

Its different in two ways:

• Walking from the mortgage is less painful
• You walk from the mortgage, run from the marriage

Josh

[barnaby33]

When things gets tough or when things don’t go our way, we get divorced. How is that any different than walking from a mortgage loan?

Its different in two ways:

• Walking from the mortgage is less painful
• You walk from the mortgage, run from the marriage

Josh

[Author]

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