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peterb
ParticipantYeah, we’re totally screwed. Short the market and stay cash as long as possible. One good outcome from this will be that outrageously great deals that will be available in the trough.
peterb
ParticipantYeah, we’re totally screwed. Short the market and stay cash as long as possible. One good outcome from this will be that outrageously great deals that will be available in the trough.
peterb
ParticipantYeah, we’re totally screwed. Short the market and stay cash as long as possible. One good outcome from this will be that outrageously great deals that will be available in the trough.
peterb
ParticipantStrong demand and limited supply is looking good for the area to sustain prices. So, unemployment will be it’s downfall, should it happen.
peterb
ParticipantStrong demand and limited supply is looking good for the area to sustain prices. So, unemployment will be it’s downfall, should it happen.
peterb
ParticipantStrong demand and limited supply is looking good for the area to sustain prices. So, unemployment will be it’s downfall, should it happen.
peterb
ParticipantStrong demand and limited supply is looking good for the area to sustain prices. So, unemployment will be it’s downfall, should it happen.
peterb
ParticipantStrong demand and limited supply is looking good for the area to sustain prices. So, unemployment will be it’s downfall, should it happen.
peterb
ParticipantSee how powerfull the gold standard is? It made FDR have to be a facist in order to screw with the system. It still didnt really help. WPA didnt save America, WWII did. Talk to anyone alive at the time. And FDR was known to try any crazy idea that an economist would suggest.
peterb
ParticipantSee how powerfull the gold standard is? It made FDR have to be a facist in order to screw with the system. It still didnt really help. WPA didnt save America, WWII did. Talk to anyone alive at the time. And FDR was known to try any crazy idea that an economist would suggest.
peterb
ParticipantSee how powerfull the gold standard is? It made FDR have to be a facist in order to screw with the system. It still didnt really help. WPA didnt save America, WWII did. Talk to anyone alive at the time. And FDR was known to try any crazy idea that an economist would suggest.
peterb
ParticipantSee how powerfull the gold standard is? It made FDR have to be a facist in order to screw with the system. It still didnt really help. WPA didnt save America, WWII did. Talk to anyone alive at the time. And FDR was known to try any crazy idea that an economist would suggest.
peterb
ParticipantSee how powerfull the gold standard is? It made FDR have to be a facist in order to screw with the system. It still didnt really help. WPA didnt save America, WWII did. Talk to anyone alive at the time. And FDR was known to try any crazy idea that an economist would suggest.
peterb
ParticipantSome things worth considering:
1)The Japanse have a much stronger economy from a fundemental perspective…they produce many things the world buys.
2)Inflation has been huge since 2002. So if you took that into consideration, the DOW is probably way down with a lot more to go. P/E of 10 to 12 AFTER adusting for the crap earnings were about to see!
3)Unemployment, as measured by the BLS, is highly inaccurate. I would guesstimate that it’s about 10% in CA right now.
4)The NASD topped in 2001 at about 5200, and in 2001 US$. Do the math on that one!
I think we’ll be lucky to see an “L” shape play out.
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