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Jim CRamer : Europe to Collapse in 48 Hours – or Never

 
Anonymous Coward
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05/19/2010 05:41 PM
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Jim CRamer : Europe to Collapse in 48 Hours – or Never
This man is seriously dumb and dangerous, im surprsied people still take his advice on cnbc.


If we don’t see total capitulation in Europe over the next two days, Cramer said during Wednesday's Stop Trading!, investors may have to admit that the Continent is “merely” suffering a downturn. Because the repercussions from the expectations of a collapse, which have fed the negativity in the American markets and driven down stocks, can’t continue for much longer without it actually happening.

Cramer said Europe’s debt woes have sunk price-to-earnings multiples here in the States, but to such levels that could only be justified by a Lehman Brothers-type event. If we don’t get that event, then American investors are going to have to readjust to a Europe that’s merely bad, one where austerity reigns, business slows and the euro continues to decline. As of yet, though, nothing he has seen justifies that “dramatic” drop in PE ratios, which means that stocks just might snap back.

"Something bad has to happen soon," Cramer said. "Or else [the US] market’s going to go higher."

[link to www.cnbc.com]


I just had to post this, because how absurd he sounds

[link to www.cnbc.com]
Anonymous Coward (OP)
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05/19/2010 05:43 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
April 15
Bearish barricades were nothing more than canards, fabrications that don’t hold up against the facts of this market. Bad news for the euro and Greece is good news for US. Get in at a better price than you should be able to, on the Dow 12,000 freeway

April 26
It because of Greece the market is going higher

May 7
Don't buy any stocks until DOW 9000. The Dow’s decline was the natural result of Europe’s debt troubles and the riots in Greece. Investors should wait for the decline before they buy anything again

May 10
European debt contagion no longer a risk, his call to halt most stock buying until Dow 9,000 is off. That’s the new reality, Buy stocks now, the crisis is done, this is the real deal, just focus on how oversold stocks are right now

May 12
Pay reductions and job cuts for civil service employees will result in a jump-start in spending in the stronger European Union

May 19
If we don’t see total capitulation in Europe over the next two days, the US market’s going to go higher.


what a tool

someone posted his pile of shit in the comments haha
Mujahid

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Germany
05/19/2010 05:43 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
the answer is never.

buttpennywise
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05/19/2010 05:44 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
bsmeter2
Andromeda

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05/19/2010 05:47 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
IMO he's overreacting to the market plunge today.

The whole swoon today, was rigged by the investment banks because they pull that to intimidate governments whenever someone threatens to regulate their high-stakes gambling.

Germany imposed an unexpected ban on naked short selling of bonds, and this whole fake market dive happened today.

It's getting very predictable, how financiers today manipulate the fears of politicians.

IMO Jim Cramer is just responding to this unjustified market dive today.

(But the market was/is oversold. So I agree with him that if it doesn't recover soon, it'll be because there's something really bad brewing.)
redpill2010

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05/19/2010 05:48 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
If there wasn't something bad brewing, Germany wouldn't have pulled that shit to begin with.
Anonymous Coward (OP)
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05/19/2010 05:51 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
this guy lost alot of people money during the 2008 crash. Yet people still call into his show

RA RA RA!!
Dash Riprock

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05/19/2010 05:52 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
If there wasn't something bad brewing, Germany wouldn't have pulled that shit to begin with.
 Quoting: redpill2010


No doubt. But Frau Ironpants had to make such a move for political reasons...There are many ways to sidestep this ban, and she knows it. Political theater.
Dash Riprock

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05/19/2010 05:53 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
this guy lost alot of people money during the 2008 crash. Yet people still call into his show

RA RA RA!!
 Quoting: Anonymous Coward 975245


If you've never seen him, look up Don Harrold on utube...he has been factually ripping Cramer apart for years...
Anonymous Coward
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05/19/2010 05:55 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
Cramer's act has gotten real old. CNBC should suicide him tonight.

It is now time to buy one commodity. Lead. Ammo. Boolits.

Do it tomorrow because one of these day this summer you will wake up and it will be too late.
Anonymous Coward
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05/19/2010 05:56 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
HE IS A SHILL !!
whatever
Anonymous Coward
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05/19/2010 05:57 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.
Anonymous Coward
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05/19/2010 05:59 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.
 Quoting: Anonymous Coward 975027



You're an idiot.
Dash Riprock

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05/19/2010 05:59 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.
 Quoting: Anonymous Coward 975027


That says it all...
redpill2010

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05/19/2010 06:00 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.
 Quoting: Anonymous Coward 975027


Trust him to do something as myopic and stupid as bailout the stinking corpse of Europe from underneath it's stinking load of bad debt? I trust he'd do it too, and he'll only succeed in bringing us down with you.

Europe's half-century experiment with centralized planning is imploding into a shit storm and people pretend it's just a recession.
Anonymous Coward
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05/19/2010 06:00 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
A BLACK SWAN CAN COME ANYTIME .....AND IT WILL !!
0-36 MONTHS !!
hiding
Anonymous Coward
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05/19/2010 06:01 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.



You're an idiot.
 Quoting: Anonymous Coward 732706


What would be your answer?
Anonymous Coward
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05/19/2010 06:02 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
isnt jim cramer the guy who wore various clown suits, and then said 'buy buy buy' while all the banks were failing back a year ago ?
Anonymous Coward
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05/19/2010 06:02 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.



You're an idiot.


What would be your answer?
 Quoting: Anonymous Coward 975027



Your country is a part of the 'P.I.G.S'. Bail yourself out, or leave the eurozone. Quite simple.
Anonymous Coward
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05/19/2010 06:04 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.


That says it all...
 Quoting: Dash Riprock


Considering the US cause this catastrophe, considering it hides behind the term 'global economic crisis' instead of what is, an American economic crisis, id call it a fair statement.

If you dont want to bail Europe out, tuff shit, criminals in the USA fucked the worlds economy.
Anonymous Coward
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05/19/2010 06:06 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.


Trust him to do something as myopic and stupid as bailout the stinking corpse of Europe from underneath it's stinking load of bad debt? I trust he'd do it too, and he'll only succeed in bringing us down with you.

Europe's half-century experiment with centralized planning is imploding into a shit storm and people pretend it's just a recession.
 Quoting: redpill2010


The stinking corpse is the globalized world. Launch another war and your country will go bankrupt too like California . You can´t cut a limb(Europe) without consequences for the whole body.
Anonymous Coward
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05/19/2010 06:07 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
Considering the US cause this catastrophe, considering it hides behind the term 'global economic crisis' instead of what is, an American economic crisis, id call it a fair statement.

If you dont want to bail Europe out, tuff shit, criminals in the USA fucked the worlds economy.
 Quoting: Anonymous Coward 975348



You don't know what you're talking about. The signs of unsustainable debt levels were known for a long time now, and the Eurozone did nothing about it.

I hate it when people refuse to take responsibility for their own idiocy.
awthrawthr

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05/19/2010 06:07 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
Cramer is the one who declared it was a fat finger that caused the sudden 1,000 point drop in the DOW. He said it without a scintilla of evidence...because there is none.

Better to blame a figment of his imagination rather than the real culprits, the pirates of Wall Street. They are the elephants in the middle of the room that people like Cramer wants to wish away.

Last Edited by AwthrAwthr on 05/19/2010 06:08 PM
Got pain? Free relief. [link to lowerpain.org]
redpill2010

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05/19/2010 06:08 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The stinking corpse is the globalized world. Launch another war and your country will go bankrupt too like California . You can´t cut a limb(Europe) without consequences for the whole body.
 Quoting: Anonymous Coward 975027


I wish they would all go bankrupt but they won't. They'll keep piling us with debt like pack mules and ride us straight to hell instead.
Dash Riprock

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05/19/2010 06:08 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.


That says it all...


Considering the US cause this catastrophe, considering it hides behind the term 'global economic crisis' instead of what is, an American economic crisis, id call it a fair statement.

If you dont want to bail Europe out, tuff shit, criminals in the USA fucked the worlds economy.
 Quoting: Anonymous Coward 975348


Yes, the US forced the rest of the world to live a socialist utopia far, far outside it's means...

The banking elite are European...
Anonymous Coward
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05/19/2010 06:08 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.



You're an idiot.


What would be your answer?



Your country is a part of the 'P.I.G.S'. Bail yourself out, or leave the eurozone. Quite simple.
 Quoting: Anonymous Coward 732706


[link to www.spiegel.de]
Anonymous Coward
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05/19/2010 06:09 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.
 Quoting: Anonymous Coward 975027

shill
Anonymous Coward
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05/19/2010 06:12 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.

shill
 Quoting: Anonymous Coward 967665

whatever
Anonymous Coward
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05/19/2010 06:12 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.

shill
 Quoting: Anonymous Coward 967665

whatever
Anonymous Coward
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05/19/2010 06:16 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
This man is seriously dumb and dangerous, im surprsied people still take his advice on cnbc.


I just had to post this, because how absurd he sounds

[link to www.cnbc.com]
 Quoting: Anonymous Coward 975245

Agreed.
The fact that people watch this imbecile day after day proves just how profoundly stupid and ignorant people are. Jim Cramer is completely full-of-shit and completely controlled, but because he is on television the mindless sheep watch and worship him.
Anonymous Coward
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05/19/2010 06:16 PM
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Re: Jim CRamer : Europe to Collapse in 48 Hours – or Never
The U.S. must bailout Europe if that happens. We trust Obama more than you do americans.
 Quoting: Anonymous Coward 975027


Yep. Old habits. WWI, WWII, etc. We're here for you!