SOOO CLOSE TO DOW 13000..On the verge of an EPIC WIN

I'll admit, this thread of yours has been pretty entertaining. Your optimism reminds me of that tee shirt years ago with the mouse flipping off the hawk. Good stuff. All except for the childish vulgarity, but then you're a teen.

That said, I want to share with you how broken the system is. It is going to crash, though not from a shortage of blind enthusiasm such as yours. It's just a fact.

Money can only be 'printed' when it has collateral behind it. And, the central banks of the world are running out of collateral...quickly. U.K. finance officials admitted last week that they have gone broke...meaning, they have reached a point where there is nothing left to back up their debt. So, from here, they either chop the living standard of their citizens by 50-70%, or they begin borrowing money that they will never be able to pay back, and their credit rating (worthiness) goes into the tank, with the eventuality of a sovereign 'selective' default (see Greece). "Well, that's the U.K. We're America! Look at the Dow! Boom times are here again!" I'm sorry, but it can and it will. Our banks are linked arm in arm with theirs via the CDS market, and when they go down, we will go down. And...soon.

What worries me is that folks like you cannot seem to grasp the disconnect between equity markets and the real economy. Markets are driven chiefly by emotion and subjective valuation. However, the economic potential of a country is governed by the ratio of it's debt to assets, and even in the good ole' U.S.A., this ratio is currently headed into the stratosphere. Our economy (and way of life) will soon collapse not because of fatalism or 'doom' mongering, but because the brightest minds in finance have proved unable to reign in their egos, and elected officials no longer have the nuts to make unpopular decisions. Then again, the citizens of the world want nothing more these days than 24 hr. fun and stimulation, and any notion of hard times cannot be (and won't be) tolerated. They'll riot at the slightest mention of suffering. We've all gotten soft, and it's always someone's fault...just not ours. Remember, nobody had to buy a sub-prime house.

Lastly, regarding the Fed, some believe that it can perpetuate this cycle indefinately by continuing to pour money into circulation. And, so long as they keep their books private (their right as a private entity), it can indeed go on for long while. However, those dollars (as the reserve currency) are circulated worldwide, so as this sovereign debt crisis continues to spread, the velocity of exchange will increase to cover losses, and those dollars will flood the markets. So, yes, your stock prices will continue to increase (think 15,000+), but purchasing power will collapse (30-40% devaluation). That will leave us with well-capitalized companies who will then quickly burn through the capital to cover falling productivity, as joe public will not be able to afford that new $30,000 car that was only $20,000 two years earlier. This, the product of out-of-control non-collateralized credit expansion.

Aplogies for the length here, but as I said, Zazz(?), your post has been a fun read, but none of us will be laughing in when the house goes bust.

CEEEEEEELEEEEBRATE GOOD TIMES COMEON!!!!!!!

Hookers, and booze for everyone. It's party time I'm personally waiting on my few K check from the gubbment anytime now. World peace is already being achieved, never in the history of man has there ever, in the history of ever been this big of an economic boom. All crisis's averted.

:crashfail01:

I'll admit, this thread of yours has been pretty entertaining. Your optimism reminds me of that tee shirt years ago with the mouse flipping off the hawk. Good stuff. All except for the childish vulgarity, but then you're a teen.

That said, I want to share with you how broken the system is. It is going to crash, though not from a shortage of blind enthusiasm such as yours. It's just a fact.

Money can only be 'printed' when it has collateral behind it. And, the central banks of the world are running out of collateral...quickly. U.K. finance officials admitted last week that they have gone broke...meaning, they have reached a point where there is nothing left to back up their debt. So, from here, they either chop the living standard of their citizens by 50-70%, or they begin borrowing money that they will never be able to pay back, and their credit rating (worthiness) goes into the tank, with the eventuality of a sovereign 'selective' default (see Greece). "Well, that's the U.K. We're America! Look at the Dow! Boom times are here again!" I'm sorry, but it can and it will. Our banks are linked arm in arm with theirs via the CDS market, and when they go down, we will go down. And...soon.

What worries me is that folks like you cannot seem to grasp the disconnect between equity markets and the real economy. Markets are driven chiefly by emotion and subjective valuation. However, the economic potential of a country is governed by the ratio of it's debt to assets, and even in the good ole' U.S.A., this ratio is currently headed into the stratosphere. Our economy (and way of life) will soon collapse not because of fatalism or 'doom' mongering, but because the brightest minds in finance have proved unable to reign in their egos, and elected officials no longer have the nuts to make unpopular decisions. Then again, the citizens of the world want nothing more these days than 24 hr. fun and stimulation, and any notion of hard times cannot be (and won't be) tolerated. They'll riot at the slightest mention of suffering. We've all gotten soft, and it's always someone's fault...just not ours. Remember, nobody had to buy a sub-prime house.

Lastly, regarding the Fed, some believe that it can perpetuate this cycle indefinately by continuing to pour money into circulation. And, so long as they keep their books private (their right as a private entity), it can indeed go on for long while. However, those dollars (as the reserve currency) are circulated worldwide, so as this sovereign debt crisis continues to spread, the velocity of exchange will increase to cover losses, and those dollars will flood the markets. So, yes, your stock prices will continue to increase (think 15,000+), but purchasing power will collapse (30-40% devaluation). That will leave us with well-capitalized companies who will then quickly burn through the capital to cover falling productivity, as joe public will not be able to afford that new $30,000 car that was only $20,000 two years earlier. This, the product of out-of-control non-collateralized credit expansion.

Aplogies for the length here, but as I said, Zazz(?), your post has been a fun read, but none of us will be laughing in when the house goes bust.

I'll admit, this thread of yours has been pretty entertaining. Your optimism reminds me of that tee shirt years ago with the mouse flipping off the hawk. Good stuff. All except for the childish vulgarity, but then you're a teen.

That said, I want to share with you how broken the system is. It is going to crash, though not from a shortage of blind enthusiasm such as yours. It's just a fact.

Money can only be 'printed' when it has collateral behind it. And, the central banks of the world are running out of collateral...quickly. U.K. finance officials admitted last week that they have gone broke...meaning, they have reached a point where there is nothing left to back up their debt. So, from here, they either chop the living standard of their citizens by 50-70%, or they begin borrowing money that they will never be able to pay back, and their credit rating (worthiness) goes into the tank, with the eventuality of a sovereign 'selective' default (see Greece). "Well, that's the U.K. We're America! Look at the Dow! Boom times are here again!" I'm sorry, but it can and it will. Our banks are linked arm in arm with theirs via the CDS market, and when they go down, we will go down. And...soon.

What worries me is that folks like you cannot seem to grasp the disconnect between equity markets and the real economy. Markets are driven chiefly by emotion and subjective valuation. However, the economic potential of a country is governed by the ratio of it's debt to assets, and even in the good ole' U.S.A., this ratio is currently headed into the stratosphere. Our economy (and way of life) will soon collapse not because of fatalism or 'doom' mongering, but because the brightest minds in finance have proved unable to reign in their egos, and elected officials no longer have the nuts to make unpopular decisions. Then again, the citizens of the world want nothing more these days than 24 hr. fun and stimulation, and any notion of hard times cannot be (and won't be) tolerated. They'll riot at the slightest mention of suffering. We've all gotten soft, and it's always someone's fault...just not ours. Remember, nobody had to buy a sub-prime house.

Lastly, regarding the Fed, some believe that it can perpetuate this cycle indefinately by continuing to pour money into circulation. And, so long as they keep their books private (their right as a private entity), it can indeed go on for long while. However, those dollars (as the reserve currency) are circulated worldwide, so as this sovereign debt crisis continues to spread, the velocity of exchange will increase to cover losses, and those dollars will flood the markets. So, yes, your stock prices will continue to increase (think 15,000+), but purchasing power will collapse (30-40% devaluation). That will leave us with well-capitalized companies who will then quickly burn through the capital to cover falling productivity, as joe public will not be able to afford that new $30,000 car that was only $20,000 two years earlier. This, the product of out-of-control non-collateralized credit expansion.

Aplogies for the length here, but as I said, Zazz(?), your post has been a fun read, but none of us will be laughing in when the house goes bust.

I'll admit, this thread of yours has been pretty entertaining. Your optimism reminds me of that tee shirt years ago with the mouse flipping off the hawk. Good stuff. All except for the childish vulgarity, but then you're a teen.

That said, I want to share with you how broken the system is. It is going to crash, though not from a shortage of blind enthusiasm such as yours. It's just a fact.

Money can only be 'printed' when it has collateral behind it. And, the central banks of the world are running out of collateral...quickly. U.K. finance officials admitted last week that they have gone broke...meaning, they have reached a point where there is nothing left to back up their debt. So, from here, they either chop the living standard of their citizens by 50-70%, or they begin borrowing money that they will never be able to pay back, and their credit rating (worthiness) goes into the tank, with the eventuality of a sovereign 'selective' default (see Greece). "Well, that's the U.K. We're America! Look at the Dow! Boom times are here again!" I'm sorry, but it can and it will. Our banks are linked arm in arm with theirs via the CDS market, and when they go down, we will go down. And...soon.

What worries me is that folks like you cannot seem to grasp the disconnect between equity markets and the real economy. Markets are driven chiefly by emotion and subjective valuation. However, the economic potential of a country is governed by the ratio of it's debt to assets, and even in the good ole' U.S.A., this ratio is currently headed into the stratosphere. Our economy (and way of life) will soon collapse not because of fatalism or 'doom' mongering, but because the brightest minds in finance have proved unable to reign in their egos, and elected officials no longer have the nuts to make unpopular decisions. Then again, the citizens of the world want nothing more these days than 24 hr. fun and stimulation, and any notion of hard times cannot be (and won't be) tolerated. They'll riot at the slightest mention of suffering. We've all gotten soft, and it's always someone's fault...just not ours. Remember, nobody had to buy a sub-prime house.

Lastly, regarding the Fed, some believe that it can perpetuate this cycle indefinately by continuing to pour money into circulation. And, so long as they keep their books private (their right as a private entity), it can indeed go on for long while. However, those dollars (as the reserve currency) are circulated worldwide, so as this sovereign debt crisis continues to spread, the velocity of exchange will increase to cover losses, and those dollars will flood the markets. So, yes, your stock prices will continue to increase (think 15,000+), but purchasing power will collapse (30-40% devaluation). That will leave us with well-capitalized companies who will then quickly burn through the capital to cover falling productivity, as joe public will not be able to afford that new $30,000 car that was only $20,000 two years earlier. This, the product of out-of-control non-collateralized credit expansion.

Aplogies for the length here, but as I said, Zazz(?), your post has been a fun read, but none of us will be laughing in when the house goes bust.

:crashfail01:

Not a bad post by any means.

I agree on the people going soft. They are and will reap a bitter harvest. Theirnculture of entitlement is to blame.

However, thats not representative of all Americans. There are some of us that are not intimidated by those who wish to bring us down.

I for one will fight to keep America great. And if that means the crashtards and Cromagnons on this board throwing stupid insults and fail....so be it!!!

You guys just fed a troll for 21 pages.

How has volume been? Oh,only down 70%...everything is fine.Nothing to see here but Federal Reserve notes losing value.

Take a company worth 1 million.Devalue the currency it is priced in by 10%.The company would be worth 1.1 million.The value of the company did not change,but the stock is worth 10% more.

That is all that is happening.It is a simple devaluation of the Federal Reserve note.

ps.Silver is up 34% since January 1,2012 due to INFLATION and demand for something they can not print out of nothing.

Precious metals will continue to rise as will all commodities(oil ect)while they print us into oblivion.

Good luck with your EPIC WIN rofl.

Anywhere we can vote to make Zazz a moderator of this forum? I'm very serious because he is the only one that makes perfect sense on here and not to mention with his advice my 401K is looking like i might retire early.

Anywhere we can vote to make Zazz a moderator of this forum? I'm very serious because he is the only one that makes perfect sense on here and not to mention with his advice my 401K is looking like i might retire early.

Watching the giggidy stocktards cracks me up.

The DOW hit 13000 today, again, and maintained a close over that.

And?




TeCh®

You and the rest of us here know that's complete bullshit. I will make my prediction here and now, concerning your "401K" - continue riding the "high life" of the stock market, as it's a false reality. Your whole perception of the system is ridiculous.

And, to much delight, I can guarantee you that "Zazz" will not have a warm reception to a vote for being moderator. That's just the problem, nobody would vote for him. That's the most laughable thing I've heard on this FAIL-THREAD yet!




TeCh®

Anywhere we can vote to make Zazz a moderator of this forum? I'm very serious because he is the only one that makes perfect sense on here and not to mention with his advice my 401K is looking like i might retire early.

You guys just fed a troll for 21 pages.

Looks like someone is a little sore at losing here!!

Here you go buddy, some Kleenex for you..

Does your wife try to cheer you up at night after you tell her everything is going to "crash"?

LMAO...

This is why I am not bitter from your banter - I am not a crashtard. I'm actually none of the things you have failed at driveling off like a child. Actually, truth be told, it's comforting to know that your prideful and ignorant posts only serve as confirmation to what we've all been telling you.

No matter how you try to slice it, "Zazz", the facts are what they are. And, in light of those facts, it oftentimes is quite difficult for a person living in denial, such as yourself, to accept the true reality.

I, for one (and few), am quite astute at deflecting your general and abundant foolishness to tell you that you're being a child. And, interestingly, your childishness only magnifies in the light of that hard truth.

This thread has much to offer you. There are many here with great insight to the true and real fundamentals that are right before your eyes - true and real insight that you refuse to accept and/or hear. It truly has nothing to do with the "DOW" hitting a 13000 mark.

In all reality, that is why this thread has most assuredly failed, and quite miserably at that.


TeCh®

And how about this..oh crashtard with no life?

GM to pay record bonuses to WORKERS

[link to www.msnbc.msn.com]

You Fail. Miserably.

NO DOOM, NO CRASH

How did you like my post on GM?

Some crash there huh?