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More HARDCORE facts for ZERO economic doom...

 
Anonymous Coward
User ID: 13537007
United States
04/10/2012 11:00 PM
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Re: More HARDCORE facts for ZERO economic doom...
My biggest concern is the USD losing its reserve currency status. Can someone comment about that?
 Quoting: JoeJett


It means whoever drops the dollar no longer has any faith in it. The dollar is not a sound investment to gamble the value of your currency on.
 Quoting: Anonymous Coward 13713521


The loss in USD reserve status has already begun... it is a process... in play now. This currency is TOAST... just a matter of how long before enough realize it... by July 31, 2012 anyone?
 Quoting: TheTruthWorker


6 dollar gas by end of year....
Anonymous Coward (OP)
User ID: 5926374
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04/10/2012 11:02 PM
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Re: More HARDCORE facts for ZERO economic doom...
My guess would be there is a strong correlation between being an economic doomtard and:

1. Being lazy and jobless.
2. Having a low I.Q.
3. Living in mom's basement.

You economic doomtards really sound mentally "confused".

Not too late to get help.
 Quoting: Anonymous Coward 14148461


Total fail. I am a crashtard, and...

1) I am a hard working entrepreneur employing dozens of virtual employees, conducting millions in transactions, making millions over past decade, busting my creative ass to keep things up in this economy to protect my clients, staff and family. I choose to work 10-14 hours a day, 5.5 days a week, but unfortunately I am on this stupid message board for at least half that time :)

2) I do not know my IQ, I never attended college but have become an nationally recognized expert in my niche industry and am highly paid for my specialty info and advice.

3) I bought one of the biggest, nicest, most expensive homes in my small community, but at the top of the market in 2006. Call me stupid, but still enjoy it. It was big enough (6,600 sf) to move my mother-in-law into the walkout, mountain view, pool side basement level.
 Quoting: TheTruthWorker


Congratulations on your success! Great to hear it!

Glad to hear you've made your millions!!

You're not begrudging others now are you to do the same?

All this doom talk is a ploy for "them" to scoop up all the money out there. I don't believe Celente or any of these shilltards, they are in bed with precious metal dealers etc.

I just want my fair share too buddy!!
 Quoting: Zazztacular WIN


Hey Zazzfails, put your money where your mouth is.
If Dow isn't 15K plus by Labor Day, you rename yourself Zazzfailshard, and you never post anything on GLP that's not about 9/11 or spirituality ever again. You never reply to anything but stuff about 9/11 and spirituality ever again.

Deal? And this time, when you lose, you keep your word Zazzfails. Because last time you didn't.

Also, everything you pointed out is proof of inflation pretty much. The Dollar of 2012 is worth about 3 1912 cents. If you go by numbers adjusted to inflation, the dow would be less than 1000 at the moment. And you know it.

Also, that fair share you're looking to get, you don't need to call your check for shilling a fair share, technically you're getting paid to mislead your fellow countrymen. I wouldn't call that fair.
 Quoting: Anonymous Coward 12244660


Tell you what..if you're not happy with what I post, don't read it.

How's them apples?

:fuckoff:
TheTruthWorker

User ID: 10183810
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04/10/2012 11:04 PM
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Re: More HARDCORE facts for ZERO economic doom...
My guess would be there is a strong correlation between being an economic doomtard and:

1. Being lazy and jobless.
2. Having a low I.Q.
3. Living in mom's basement.

You economic doomtards really sound mentally "confused".

Not too late to get help.
 Quoting: Anonymous Coward 14148461


Total fail. I am a crashtard, and...

1) I am a hard working entrepreneur employing dozens of virtual employees, conducting millions in transactions, making millions over past decade, busting my creative ass to keep things up in this economy to protect my clients, staff and family. I choose to work 10-14 hours a day, 5.5 days a week, but unfortunately I am on this stupid message board for at least half that time :)

2) I do not know my IQ, I never attended college but have become an nationally recognized expert in my niche industry and am highly paid for my specialty info and advice.

3) I bought one of the biggest, nicest, most expensive homes in my small community, but at the top of the market in 2006. Call me stupid, but still enjoy it. It was big enough (6,600 sf) to move my mother-in-law into the walkout, mountain view, pool side basement level.
 Quoting: TheTruthWorker


Congratulations on your success! Great to hear it!

Glad to hear you've made your millions!!

You're not begrudging others now are you to do the same?

All this doom talk is a ploy for "them" to scoop up all the money out there. I don't believe Celente or any of these shilltards, they are in bed with precious metal dealers etc.

I just want my fair share too buddy!!
 Quoting: Zazztacular WIN


I now sense what's behind your stance with the markets, Zazz.

This is for you any anyone wanting to get richer, become richer or just make enough money independently so you don't have to be a slave to a job... from someone who has gone through the wringer:

1) Make money by providing value to the marketplace. Solve problems, improve lives and focus on contribution. The more you give the more you get back. Operate in a vacuum. Deliver more than what is expected, and the difference comes back multiplied.

2) Do not speculate to make money. Take only well calculated risks that put the odds in your favor. Gambling is for the high, the excitement and the rush. This is for entertainment, not for risking money you do not want to lose.

3) All the public markets are speculative. You have a psychological disadvantage while going head to head with the pros who systematically and consistently make profits from your losses through fees, charges, commissions, margins, spreads and insider trading.

(A higher percent of "gold rush town" merchants made big fortunes selling supplies and claims than the actual "success seeking" prospectors who took the risk on whether they hit a gold vein or not.)

4) After you own the best vehicles, homes, toys and more... and are in a position to vacation and buy whatever you want, you discover it is not all about money. It is about what money cannot buy. And that includes getting your time back.

(Lose a dollar and you can get it back. Waste 5 mins and you can never get it back... so I guess this forum is costing me a fortune)

It is great to be rich, but do it through helping others, not just yourself.

After I was able to leave my first successful business I took a full year off to trade the markets for my own benefit. I also learned poker skills years later, and won seats into the main event in the WSOP three years in a row... BUT... making money without contributing to the lives of others is UNFULFILLING.

Make a difference. Even if it is small. For example, secretly pay for someone's lunch ticket, for a kind soul who looks like they could use it. See the riches in that.
Anonymous Coward
User ID: 13129187
United States
04/10/2012 11:06 PM
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Re: More HARDCORE facts for ZERO economic doom...
From my buddy at Seeking Alpha:

Source Link:

[link to seekingalpha.com]

Just a few highlights of the so called "doom" in America today..Keep believing it and FAILING

-Apple surged from $70 on March 2009 to $560 making it the most valuable company in the world with a market cap of $550 billion

-Baidu surged from $15 to $140 making it one of the most valuable brands in China

-Priceline went from $80 to $657

-Chipotle went from $40 to $407

-Las Vegas Sands was a penny stock in 2009; it's up 3000 percent

-Twitter, valued at a whopping $30 billion, has overtaken traditional news media.

-2011 exports at $1.3 trillion, surpassing 2008 highs

-Gold, silver, misc. grains, oil, and gas prices have more than doubled

-Groupon, Linkedin, and Yelp went public and have a combined market cap of $20 billion. On March 2009 these companies were worth just a fraction of this value.

-Facebook is expected to be valued $150 billion or more after the first trading day of its highly anticipated IPO, a 15 fold increase from its $10 billion valuation in March 2009. Facebook will have a pre-trading valuation of $75-100 billion, but there will be a huge pop due the hype as was the case with Yelp and Linkedin.

-Since March 2009 thousands of millionaires and billionaires have been minted thanks to the web 2.0 boom, which unlike the first internet boom has much higher valuations and profits.

- The S&P 500 has doubled in price and earnings since March 2009, which is why the PE ratio is still only 13 even after this nosebleed rally. This is the greatest three-year increase in price and earnings in the history of the index.
 Quoting: Zazztacular WIN


TL;DR. I stopped after "Apple surged..." in the first bullet point. All of you that have subdued yourselves into thinking that the AAPL won't devalue 40% to 50% is a fool. Don't even get me started on Groupon, their business model is doomed to fail.

[link to market-ticker.org]

Wake up GLP, and stop listening to this drivel...
Anonymous Coward (OP)
User ID: 5926374
United States
04/10/2012 11:08 PM
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Re: More HARDCORE facts for ZERO economic doom...
My guess would be there is a strong correlation between being an economic doomtard and:

1. Being lazy and jobless.
2. Having a low I.Q.
3. Living in mom's basement.

You economic doomtards really sound mentally "confused".

Not too late to get help.
 Quoting: Anonymous Coward 14148461


Total fail. I am a crashtard, and...

1) I am a hard working entrepreneur employing dozens of virtual employees, conducting millions in transactions, making millions over past decade, busting my creative ass to keep things up in this economy to protect my clients, staff and family. I choose to work 10-14 hours a day, 5.5 days a week, but unfortunately I am on this stupid message board for at least half that time :)

2) I do not know my IQ, I never attended college but have become an nationally recognized expert in my niche industry and am highly paid for my specialty info and advice.

3) I bought one of the biggest, nicest, most expensive homes in my small community, but at the top of the market in 2006. Call me stupid, but still enjoy it. It was big enough (6,600 sf) to move my mother-in-law into the walkout, mountain view, pool side basement level.
 Quoting: TheTruthWorker


Congratulations on your success! Great to hear it!

Glad to hear you've made your millions!!

You're not begrudging others now are you to do the same?

All this doom talk is a ploy for "them" to scoop up all the money out there. I don't believe Celente or any of these shilltards, they are in bed with precious metal dealers etc.

I just want my fair share too buddy!!
 Quoting: Zazztacular WIN


I now sense what's behind your stance with the markets, Zazz.

This is for you any anyone wanting to get richer, become richer or just make enough money independently so you don't have to be a slave to a job... from someone who has gone through the wringer:

1) Make money by providing value to the marketplace. Solve problems, improve lives and focus on contribution. The more you give the more you get back. Operate in a vacuum. Deliver more than what is expected, and the difference comes back multiplied.

2) Do not speculate to make money. Take only well calculated risks that put the odds in your favor. Gambling is for the high, the excitement and the rush. This is for entertainment, not for risking money you do not want to lose.

3) All the public markets are speculative. You have a psychological disadvantage while going head to head with the pros who systematically and consistently make profits from your losses through fees, charges, commissions, margins, spreads and insider trading.

(A higher percent of "gold rush town" merchants made big fortunes selling supplies and claims than the actual "success seeking" prospectors who took the risk on whether they hit a gold vein or not.)

4) After you own the best vehicles, homes, toys and more... and are in a position to vacation and buy whatever you want, you discover it is not all about money. It is about what money cannot buy. And that includes getting your time back.

(Lose a dollar and you can get it back. Waste 5 mins and you can never get it back... so I guess this forum is costing me a fortune)

It is great to be rich, but do it through helping others, not just yourself.

After I was able to leave my first successful business I took a full year off to trade the markets for my own benefit. I also learned poker skills years later, and won seats into the main event in the WSOP three years in a row... BUT... making money without contributing to the lives of others is UNFULFILLING.

Make a difference. Even if it is small. For example, secretly pay for someone's lunch ticket, for a kind soul who looks like they could use it. See the riches in that.
 Quoting: TheTruthWorker


Ok, I can dig that. But not everyone is smart enough to find the big problems to make the big money!!
Anonymous Coward
User ID: 11685520
United States
04/10/2012 11:09 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
Anonymous Coward
User ID: 14087602
United States
04/10/2012 11:14 PM
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Re: More HARDCORE facts for ZERO economic doom...
So genius, where's the doom??

Months and YEARS of predictions of doom

With 100% FAIL
 Quoting: Zazztacular WIN


Name one civilization that hasn't failed.

Name one that hasn't become completely dependent on every other.
Anonymous Coward
User ID: 14087602
United States
04/10/2012 11:14 PM
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Re: More HARDCORE facts for ZERO economic doom...
Name one *nation* that hasn't become completely dependent.
Anonymous Coward
User ID: 12244660
United States
04/10/2012 11:15 PM
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Re: More HARDCORE facts for ZERO economic doom...
...


Total fail. I am a crashtard, and...

1) I am a hard working entrepreneur employing dozens of virtual employees, conducting millions in transactions, making millions over past decade, busting my creative ass to keep things up in this economy to protect my clients, staff and family. I choose to work 10-14 hours a day, 5.5 days a week, but unfortunately I am on this stupid message board for at least half that time :)

2) I do not know my IQ, I never attended college but have become an nationally recognized expert in my niche industry and am highly paid for my specialty info and advice.

3) I bought one of the biggest, nicest, most expensive homes in my small community, but at the top of the market in 2006. Call me stupid, but still enjoy it. It was big enough (6,600 sf) to move my mother-in-law into the walkout, mountain view, pool side basement level.
 Quoting: TheTruthWorker


Congratulations on your success! Great to hear it!

Glad to hear you've made your millions!!

You're not begrudging others now are you to do the same?

All this doom talk is a ploy for "them" to scoop up all the money out there. I don't believe Celente or any of these shilltards, they are in bed with precious metal dealers etc.

I just want my fair share too buddy!!
 Quoting: Zazztacular WIN


Hey Zazzfails, put your money where your mouth is.
If Dow isn't 15K plus by Labor Day, you rename yourself Zazzfailshard, and you never post anything on GLP that's not about 9/11 or spirituality ever again. You never reply to anything but stuff about 9/11 and spirituality ever again.

Deal? And this time, when you lose, you keep your word Zazzfails. Because last time you didn't.

Also, everything you pointed out is proof of inflation pretty much. The Dollar of 2012 is worth about 3 1912 cents. If you go by numbers adjusted to inflation, the dow would be less than 1000 at the moment. And you know it.

Also, that fair share you're looking to get, you don't need to call your check for shilling a fair share, technically you're getting paid to mislead your fellow countrymen. I wouldn't call that fair.
 Quoting: Anonymous Coward 12244660


Tell you what..if you're not happy with what I post, don't read it.

How's them apples?

:fuckoff:
 Quoting: Zazztacular WIN


So what you're saying is "I know I'm a shill and I won't take that bet, because if I lose again I'll just have to call everyone Tards and begin failing to predict something else about economics"

Zazzfails fails.
Anonymous Coward
User ID: 13129187
United States
04/10/2012 11:15 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


Don't worry, economic collapse is coming. Just wait till the Spain situation gets going. Jamie Dimon et. al. see the writing on the wall and are front running the collapse already. JP Morgan just dumped their position in student loans, what does that tell you?
Anonymous Coward (OP)
User ID: 5926374
United States
04/10/2012 11:16 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


I have lost a job, back in December 2009..

So you are a massive retard failure

Eat it shill

tard
Anonymous Coward
User ID: 11685520
United States
04/10/2012 11:17 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


Don't worry, economic collapse is coming. Just wait till the Spain situation gets going. Jamie Dimon et. al. see the writing on the wall and are front running the collapse already. JP Morgan just dumped their position in student loans, what does that tell you?
 Quoting: Anonymous Coward 13129187


Are you being sarcastic?
Anonymous Coward
User ID: 14148461
United States
04/10/2012 11:18 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


Thank you. You just proved my point:

My guess would be there is a strong correlation between being an economic doomtard and:

1. Being lazy and jobless.
2. Having a low I.Q.
3. Living in mom's basement.


You economic doomtards really sound mentally "confused".

Not too late to get help.
Anonymous Coward (OP)
User ID: 5926374
United States
04/10/2012 11:19 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


Don't worry, economic collapse is coming. Just wait till the Spain situation gets going. Jamie Dimon et. al. see the writing on the wall and are front running the collapse already. JP Morgan just dumped their position in student loans, what does that tell you?
 Quoting: Anonymous Coward 13129187


Spain situation...is that like the Greece situation?

Unfortunately that didn't translate into mad max doom huh?
Anonymous Coward
User ID: 11685520
United States
04/10/2012 11:20 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


I have lost a job, back in December 2009..

So you are a massive retard failure

Eat it shill

tard
 Quoting: Zazztacular WIN


Says the guy with a ridiculous avatar. I want you to go outside and tell those people that were laid off or can't find work what you just said here. Go on you know everything regarding the economy. You must be some magical being that understand everyone's problems. Please tell me, is it possible for everyone in the world to have a job?
Anonymous Coward
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04/10/2012 11:20 PM
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Re: More HARDCORE facts for ZERO economic doom...
#####CRASHTARDS AND JEALOUS LOSERS DEFEATED#####
 Quoting: Zazztacular WIN


you just don't get it. The elites want the western financial system to collapse so they can bring in a far worse tyranical finanical system. such as digital chips stuck up your butt. Mark of the beast.

The elites set up the collapse on purpose. It will come. And it will come soon. Their cover up will be war or a plague so you numbnuts don't know who to blame.
Anonymous Coward
User ID: 13129187
United States
04/10/2012 11:22 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


Don't worry, economic collapse is coming. Just wait till the Spain situation gets going. Jamie Dimon et. al. see the writing on the wall and are front running the collapse already. JP Morgan just dumped their position in student loans, what does that tell you?
 Quoting: Anonymous Coward 13129187


Are you being sarcastic?
 Quoting: Anonymous Coward 11685520


Not in the slightest.

JPMorgan Chase & Co. (JPM) (JPM), the largest U.S. bank, will stop providing private student loans to people who aren’t customers of the company beginning July 1.

[link to www.businessweek.com]

Not only they, they have started buying hard commodities hand over fist, again, what does that tell you?
Mkguyver

User ID: 12534289
United States
04/10/2012 11:23 PM

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Re: More HARDCORE facts for ZERO economic doom...
The US economy is the Greece economy X's a 100k.

May god save the republic.
AmericanJedi

User ID: 1503533
United States
04/10/2012 11:25 PM
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Re: More HARDCORE facts for ZERO economic doom...
From my buddy at Seeking Alpha:

Source Link:

[link to seekingalpha.com]

Just a few highlights of the so called "doom" in America today..Keep believing it and FAILING

-Apple surged from $70 on March 2009 to $560 making it the most valuable company in the world with a market cap of $550 billion

-Baidu surged from $15 to $140 making it one of the most valuable brands in China

-Priceline went from $80 to $657

-Chipotle went from $40 to $407

-Las Vegas Sands was a penny stock in 2009; it's up 3000 percent

-Twitter, valued at a whopping $30 billion, has overtaken traditional news media.

-2011 exports at $1.3 trillion, surpassing 2008 highs

-Gold, silver, misc. grains, oil, and gas prices have more than doubled

-Groupon, Linkedin, and Yelp went public and have a combined market cap of $20 billion. On March 2009 these companies were worth just a fraction of this value.

-Facebook is expected to be valued $150 billion or more after the first trading day of its highly anticipated IPO, a 15 fold increase from its $10 billion valuation in March 2009. Facebook will have a pre-trading valuation of $75-100 billion, but there will be a huge pop due the hype as was the case with Yelp and Linkedin.

-Since March 2009 thousands of millionaires and billionaires have been minted thanks to the web 2.0 boom, which unlike the first internet boom has much higher valuations and profits.

- The S&P 500 has doubled in price and earnings since March 2009, which is why the PE ratio is still only 13 even after this nosebleed rally. This is the greatest three-year increase in price and earnings in the history of the index.
 Quoting: Zazztacular WIN


Social networks and shitty food that's all you got? Great investment advice.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
User ID: 12244660
United States
04/10/2012 11:25 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


Don't worry, economic collapse is coming. Just wait till the Spain situation gets going. Jamie Dimon et. al. see the writing on the wall and are front running the collapse already. JP Morgan just dumped their position in student loans, what does that tell you?
 Quoting: Anonymous Coward 13129187


Spain situation...is that like the Greece situation?

Unfortunately that didn't translate into mad max doom huh?
 Quoting: Zazztacular WIN


I wouldn't talk about Greece much Zazzfails. They did end up defaulting, but then the banks cried so hard that the ISDA reversed the decision. That's still a technical default. One that made you lose your original bet with me. Zazzfails fails.
Anonymous Coward
User ID: 13129187
United States
04/10/2012 11:28 PM
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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


Don't worry, economic collapse is coming. Just wait till the Spain situation gets going. Jamie Dimon et. al. see the writing on the wall and are front running the collapse already. JP Morgan just dumped their position in student loans, what does that tell you?
 Quoting: Anonymous Coward 13129187


Spain situation...is that like the Greece situation?

Unfortunately that didn't translate into mad max doom huh?
 Quoting: Zazztacular WIN


LOL! I said nothing about a "Mad Max" situation by any stretch of the imagination, but doom for sure. Spain's economic "obligations" are ten times worse than Greece's. When it comes time to collect the ECB (read Germany) will not have the political will for another LTRO a.k.a. Euro-style Bernanke QE.

I hope you've shorted accordingly...
TheTruthWorker

User ID: 10183810
United States
04/10/2012 11:36 PM
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Re: More HARDCORE facts for ZERO economic doom...
...


Total fail. I am a crashtard, and...

1) I am a hard working entrepreneur employing dozens of virtual employees, conducting millions in transactions, making millions over past decade, busting my creative ass to keep things up in this economy to protect my clients, staff and family. I choose to work 10-14 hours a day, 5.5 days a week, but unfortunately I am on this stupid message board for at least half that time :)

2) I do not know my IQ, I never attended college but have become an nationally recognized expert in my niche industry and am highly paid for my specialty info and advice.

3) I bought one of the biggest, nicest, most expensive homes in my small community, but at the top of the market in 2006. Call me stupid, but still enjoy it. It was big enough (6,600 sf) to move my mother-in-law into the walkout, mountain view, pool side basement level.
 Quoting: TheTruthWorker


Congratulations on your success! Great to hear it!

Glad to hear you've made your millions!!

You're not begrudging others now are you to do the same?

All this doom talk is a ploy for "them" to scoop up all the money out there. I don't believe Celente or any of these shilltards, they are in bed with precious metal dealers etc.

I just want my fair share too buddy!!
 Quoting: Zazztacular WIN


I now sense what's behind your stance with the markets, Zazz.

This is for you any anyone wanting to get richer, become richer or just make enough money independently so you don't have to be a slave to a job... from someone who has gone through the wringer:

1) Make money by providing value to the marketplace. Solve problems, improve lives and focus on contribution. The more you give the more you get back. Operate in a vacuum. Deliver more than what is expected, and the difference comes back multiplied.

2) Do not speculate to make money. Take only well calculated risks that put the odds in your favor. Gambling is for the high, the excitement and the rush. This is for entertainment, not for risking money you do not want to lose.

3) All the public markets are speculative. You have a psychological disadvantage while going head to head with the pros who systematically and consistently make profits from your losses through fees, charges, commissions, margins, spreads and insider trading.

(A higher percent of "gold rush town" merchants made big fortunes selling supplies and claims than the actual "success seeking" prospectors who took the risk on whether they hit a gold vein or not.)

4) After you own the best vehicles, homes, toys and more... and are in a position to vacation and buy whatever you want, you discover it is not all about money. It is about what money cannot buy. And that includes getting your time back.

(Lose a dollar and you can get it back. Waste 5 mins and you can never get it back... so I guess this forum is costing me a fortune)

It is great to be rich, but do it through helping others, not just yourself.

After I was able to leave my first successful business I took a full year off to trade the markets for my own benefit. I also learned poker skills years later, and won seats into the main event in the WSOP three years in a row... BUT... making money without contributing to the lives of others is UNFULFILLING.

Make a difference. Even if it is small. For example, secretly pay for someone's lunch ticket, for a kind soul who looks like they could use it. See the riches in that.
 Quoting: TheTruthWorker


Ok, I can dig that. But not everyone is smart enough to find the big problems to make the big money!!
 Quoting: Zazztacular WIN


You only have to make enough money to met your personal requirements. If you have a bunch of things that are important and take money then you need more. Want less and you need less. It is your choice.

Couple days ago I heard a talk about making more money -- doing what you like most -- doing what you are good at -- doing what people will pay for. It was framed as finding work verses looking for a job. No one wants a job, but we all need some satisfying work.

Now the author, when mentioned, might turn some folks off, but Zazz, this author thinks the Dow might hit 16,000 before doom... so there.

Regardless of the messenger, this is really good advice:

Wujo: How To Find Work, Rethinking The Process [April 8, 2012]
[link to www.youtube.com]

From my experience, your spending will always meet or exceed your income, so as you make more you still spend it all... so then you must buy things that can hold their value.
Anonymous Coward
User ID: 1311324
United States
04/10/2012 11:42 PM
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Re: More HARDCORE facts for ZERO economic doom...
...


Congratulations on your success! Great to hear it!

Glad to hear you've made your millions!!

You're not begrudging others now are you to do the same?

All this doom talk is a ploy for "them" to scoop up all the money out there. I don't believe Celente or any of these shilltards, they are in bed with precious metal dealers etc.

I just want my fair share too buddy!!
 Quoting: Zazztacular WIN


I now sense what's behind your stance with the markets, Zazz.

This is for you any anyone wanting to get richer, become richer or just make enough money independently so you don't have to be a slave to a job... from someone who has gone through the wringer:

1) Make money by providing value to the marketplace. Solve problems, improve lives and focus on contribution. The more you give the more you get back. Operate in a vacuum. Deliver more than what is expected, and the difference comes back multiplied.

2) Do not speculate to make money. Take only well calculated risks that put the odds in your favor. Gambling is for the high, the excitement and the rush. This is for entertainment, not for risking money you do not want to lose.

3) All the public markets are speculative. You have a psychological disadvantage while going head to head with the pros who systematically and consistently make profits from your losses through fees, charges, commissions, margins, spreads and insider trading.

(A higher percent of "gold rush town" merchants made big fortunes selling supplies and claims than the actual "success seeking" prospectors who took the risk on whether they hit a gold vein or not.)

4) After you own the best vehicles, homes, toys and more... and are in a position to vacation and buy whatever you want, you discover it is not all about money. It is about what money cannot buy. And that includes getting your time back.

(Lose a dollar and you can get it back. Waste 5 mins and you can never get it back... so I guess this forum is costing me a fortune)

It is great to be rich, but do it through helping others, not just yourself.

After I was able to leave my first successful business I took a full year off to trade the markets for my own benefit. I also learned poker skills years later, and won seats into the main event in the WSOP three years in a row... BUT... making money without contributing to the lives of others is UNFULFILLING.

Make a difference. Even if it is small. For example, secretly pay for someone's lunch ticket, for a kind soul who looks like they could use it. See the riches in that.
 Quoting: TheTruthWorker


Ok, I can dig that. But not everyone is smart enough to find the big problems to make the big money!!
 Quoting: Zazztacular WIN


You only have to make enough money to met your personal requirements. If you have a bunch of things that are important and take money then you need more. Want less and you need less. It is your choice.

Couple days ago I heard a talk about making more money -- doing what you like most -- doing what you are good at -- doing what people will pay for. It was framed as finding work verses looking for a job. No one wants a job, but we all need some satisfying work.

Now the author, when mentioned, might turn some folks off, but Zazz, this author thinks the Dow might hit 16,000 before doom... so there.

Regardless of the messenger, this is really good advice:

Wujo: How To Find Work, Rethinking The Process [April 8, 2012]
[link to www.youtube.com]

From my experience, your spending will always meet or exceed your income, so as you make more you still spend it all... so then you must buy things that can hold their value.
 Quoting: TheTruthWorker


or instead of buying things that hold value, buy infrastructure to CREATE value and things that create value. it's quite obvious that none of the stimulus packages or any sort of legislation is meant to help the economy.

we could have used money to open new factories, repair/upgrade infrastructure, tons of options to create VALUE. this was not done.

wujo guy is pretty spot on, i saw that video the other day as well.
Ex-Goldman
User ID: 14109498
United States
04/10/2012 11:47 PM
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Re: More HARDCORE facts for ZERO economic doom...
If the Fed enters into QE3, that is an admission that the US Economy is weak.

To enter into QE3 Banks must put more Debt( Bank Assets ) on deposit at the Fed, by putting this debt on deposit at the Fed, the Banks are not selling it to privet investors.

This shows weak demand for US privet Bank debt, investors don't want it. It also inflates the currency. The more "Reserves" Banks have on deposit at the Fed, the higher inflation will be.

In QE the Fed Monetizes future interest payments on these "Reserves", this is also inflationary, as this is new currency, interest payment( Bank Profits ) that have not yet been made.

Monetizing future interests is only half of QE, for the other half the Federal Government must issue more Debt than it was otherwise going too.

If the budget deficit was to be $1.7 Trillion and the Fed wants to enter $300 Billion in QE3, then the Federal Deficit must equal $2 Trillion instead of $1.7.

By issuing this extra $300 Billion and spending it into the Economy this allows more money for the general public to compete for, they have increased the Quantity of Money, that's why they call it QE.

QE is a sign that privet Banks are not making enough new loans to privet borrowers and Privet investors are not buying these loans as securities on Wall Street.

All new money comes from Bank loans, if the Volume of Money is low, pushing deflation, the Fed has little choice but to enter into QE.

So we can see, QE3, is an absolute indicator of negative privet sector loan growth. Here in the real world we call that Rescission, or we would if the Fed was not Buying this Debt from the privet Banks and monetizing future profits with help from Government Debt based spending.

We call that Socialism, not free or fair market growth. Don't be fooled, sooner or latter:

A: Privet sector Bank Loans and Securities pick up the slack.

B: The Fed must continue QE and Government Debt Spending until Hyperinflation forces the poor to revolt.

C: Banks Can't make enough new loans to keep any more reserves for the Fed to Monetize, and deflation spreads like wild fire.
Anonymous Coward
User ID: 11132818
United States
04/10/2012 11:47 PM
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Re: More HARDCORE facts for ZERO economic doom...
More proof...

[link to www.cnbc.com]
 Quoting: Zazztacular WIN


From your own link.......

"Despite the disappointing jobs report for March, it’s very difficult to make a realistic case that the economy is falling off a cliff, or that some kind of double-dip recession is on the way."
[link to www.cnbc.com]


OK.....then try this "realistic case" on for size CNBC and OP tard... hi

51% of our own debt is purchased by The Fed.


No....no doom there right???


:failtruck:
 Quoting: Burt Gummer


So genius, where's the doom??

Months and YEARS of predictions of doom

With 100% FAIL
 Quoting: Zazztacular WIN


Idiot, the 'fail' is that if you saved your honestly earned and saved money, it lost significant value over time, the 'fail' is that you have to give your money to the chosen financial managers who will steal it one way or another, corrupt the system and even if you happen to win somehow, you still lose. because a country that has it's money inflated continually by a cabal of conspirators is not self sufficient, and are controlled by outsiders with a place they can go, when they crash the system, that you cant, where they will be safe with their loot, and you have nowt
Anonymous Coward (OP)
User ID: 5926374
United States
04/10/2012 11:50 PM
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Re: More HARDCORE facts for ZERO economic doom...
...


Congratulations on your success! Great to hear it!

Glad to hear you've made your millions!!

You're not begrudging others now are you to do the same?

All this doom talk is a ploy for "them" to scoop up all the money out there. I don't believe Celente or any of these shilltards, they are in bed with precious metal dealers etc.

I just want my fair share too buddy!!
 Quoting: Zazztacular WIN


I now sense what's behind your stance with the markets, Zazz.

This is for you any anyone wanting to get richer, become richer or just make enough money independently so you don't have to be a slave to a job... from someone who has gone through the wringer:

1) Make money by providing value to the marketplace. Solve problems, improve lives and focus on contribution. The more you give the more you get back. Operate in a vacuum. Deliver more than what is expected, and the difference comes back multiplied.

2) Do not speculate to make money. Take only well calculated risks that put the odds in your favor. Gambling is for the high, the excitement and the rush. This is for entertainment, not for risking money you do not want to lose.

3) All the public markets are speculative. You have a psychological disadvantage while going head to head with the pros who systematically and consistently make profits from your losses through fees, charges, commissions, margins, spreads and insider trading.

(A higher percent of "gold rush town" merchants made big fortunes selling supplies and claims than the actual "success seeking" prospectors who took the risk on whether they hit a gold vein or not.)

4) After you own the best vehicles, homes, toys and more... and are in a position to vacation and buy whatever you want, you discover it is not all about money. It is about what money cannot buy. And that includes getting your time back.

(Lose a dollar and you can get it back. Waste 5 mins and you can never get it back... so I guess this forum is costing me a fortune)

It is great to be rich, but do it through helping others, not just yourself.

After I was able to leave my first successful business I took a full year off to trade the markets for my own benefit. I also learned poker skills years later, and won seats into the main event in the WSOP three years in a row... BUT... making money without contributing to the lives of others is UNFULFILLING.

Make a difference. Even if it is small. For example, secretly pay for someone's lunch ticket, for a kind soul who looks like they could use it. See the riches in that.
 Quoting: TheTruthWorker


Ok, I can dig that. But not everyone is smart enough to find the big problems to make the big money!!
 Quoting: Zazztacular WIN


You only have to make enough money to met your personal requirements. If you have a bunch of things that are important and take money then you need more. Want less and you need less. It is your choice.

Couple days ago I heard a talk about making more money -- doing what you like most -- doing what you are good at -- doing what people will pay for. It was framed as finding work verses looking for a job. No one wants a job, but we all need some satisfying work.

Now the author, when mentioned, might turn some folks off, but Zazz, this author thinks the Dow might hit 16,000 before doom... so there.

Regardless of the messenger, this is really good advice:

Wujo: How To Find Work, Rethinking The Process [April 8, 2012]
[link to www.youtube.com]

From my experience, your spending will always meet or exceed your income, so as you make more you still spend it all... so then you must buy things that can hold their value.
 Quoting: TheTruthWorker


I'll check it out...peace out bro
TheTruthWorker

User ID: 10183810
United States
04/10/2012 11:53 PM
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Re: More HARDCORE facts for ZERO economic doom...
More proof...

[link to www.cnbc.com]
 Quoting: Zazztacular WIN


From your own link.......

"Despite the disappointing jobs report for March, it’s very difficult to make a realistic case that the economy is falling off a cliff, or that some kind of double-dip recession is on the way."
[link to www.cnbc.com]


OK.....then try this "realistic case" on for size CNBC and OP tard... hi

51% of our own debt is purchased by The Fed.


No....no doom there right???


failtruck
 Quoting: Burt Gummer


So genius, where's the doom??

Months and YEARS of predictions of doom

With 100% FAIL
 Quoting: Zazztacular WIN


Idiot, the 'fail' is that if you saved your honestly earned and saved money, it lost significant value over time, the 'fail' is that you have to give your money to the chosen financial managers who will steal it one way or another, corrupt the system and even if you happen to win somehow, you still lose. because a country that has it's money inflated continually by a cabal of conspirators is not self sufficient, and are controlled by outsiders with a place they can go, when they crash the system, that you cant, where they will be safe with their loot, and you have nowt
 Quoting: Anonymous Coward 11132818


Where's the doom?

It is called carnage.
Anonymous Coward
User ID: 13129187
United States
04/10/2012 11:55 PM
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Re: More HARDCORE facts for ZERO economic doom...
...


I now sense what's behind your stance with the markets, Zazz.

This is for you any anyone wanting to get richer, become richer or just make enough money independently so you don't have to be a slave to a job... from someone who has gone through the wringer:

1) Make money by providing value to the marketplace. Solve problems, improve lives and focus on contribution. The more you give the more you get back. Operate in a vacuum. Deliver more than what is expected, and the difference comes back multiplied.

2) Do not speculate to make money. Take only well calculated risks that put the odds in your favor. Gambling is for the high, the excitement and the rush. This is for entertainment, not for risking money you do not want to lose.

3) All the public markets are speculative. You have a psychological disadvantage while going head to head with the pros who systematically and consistently make profits from your losses through fees, charges, commissions, margins, spreads and insider trading.

(A higher percent of "gold rush town" merchants made big fortunes selling supplies and claims than the actual "success seeking" prospectors who took the risk on whether they hit a gold vein or not.)

4) After you own the best vehicles, homes, toys and more... and are in a position to vacation and buy whatever you want, you discover it is not all about money. It is about what money cannot buy. And that includes getting your time back.

(Lose a dollar and you can get it back. Waste 5 mins and you can never get it back... so I guess this forum is costing me a fortune)

It is great to be rich, but do it through helping others, not just yourself.

After I was able to leave my first successful business I took a full year off to trade the markets for my own benefit. I also learned poker skills years later, and won seats into the main event in the WSOP three years in a row... BUT... making money without contributing to the lives of others is UNFULFILLING.

Make a difference. Even if it is small. For example, secretly pay for someone's lunch ticket, for a kind soul who looks like they could use it. See the riches in that.
 Quoting: TheTruthWorker


Ok, I can dig that. But not everyone is smart enough to find the big problems to make the big money!!
 Quoting: Zazztacular WIN


You only have to make enough money to met your personal requirements. If you have a bunch of things that are important and take money then you need more. Want less and you need less. It is your choice.

Couple days ago I heard a talk about making more money -- doing what you like most -- doing what you are good at -- doing what people will pay for. It was framed as finding work verses looking for a job. No one wants a job, but we all need some satisfying work.

Now the author, when mentioned, might turn some folks off, but Zazz, this author thinks the Dow might hit 16,000 before doom... so there.

Regardless of the messenger, this is really good advice:

Wujo: How To Find Work, Rethinking The Process [April 8, 2012]
[link to www.youtube.com]

From my experience, your spending will always meet or exceed your income, so as you make more you still spend it all... so then you must buy things that can hold their value.
 Quoting: TheTruthWorker


or instead of buying things that hold value, buy infrastructure to CREATE value and things that create value. it's quite obvious that none of the stimulus packages or any sort of legislation is meant to help the economy.

we could have used money to open new factories, repair/upgrade infrastructure, tons of options to create VALUE. this was not done.

wujo guy is pretty spot on, i saw that video the other day as well.
 Quoting: Anonymous Coward 1311324


"...buy infrastructure to CREATE value and things that create value."

With what exactly?

Here is your list folks:

1. Economic collapse (started in 2001, really got going in 2008)

2. Political collapse - whoever is elected in 2012 will be the last POTUS (read dictator)

3. Societal collapse - when the gub'ment checks stop, and you can't eat, well, you know the rest

4. ??

Get ready folks. This is not conspiratorial, nor sensationalist, it's plain fact. We are beyond broke. We're spending someone else's money, that of our children that is...
Burt Gummer

User ID: 7702124
United States
04/11/2012 12:03 AM

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Re: More HARDCORE facts for ZERO economic doom...
The guy who made this thread is full of himself. He probably has a lot saved in his savings and has a "job". People like you are what you call "selfish" and you never see the bigger picture. Maybe the whole economic collapse is not happening, who knows, but who are you to tell people that the economy is fine just because you have a job?!

Would be nice if you lost your job so you can come on here telling people about it you selfish hypocrite. This thread is a major fail!
 Quoting: Anonymous Coward 11685520


Don't worry, economic collapse is coming. Just wait till the Spain situation gets going. Jamie Dimon et. al. see the writing on the wall and are front running the collapse already. JP Morgan just dumped their position in student loans, what does that tell you?
 Quoting: Anonymous Coward 13129187


Spain situation...is that like the Greece situation?

Unfortunately that didn't translate into mad max doom huh?
 Quoting: Zazztacular WIN


No Mad Max doom.....just LOTS people committing suicide who feel hopeless.

Is that better?

getwell
Anonymous Coward
User ID: 1311324
United States
04/11/2012 12:07 AM
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Re: More HARDCORE facts for ZERO economic doom...
...


Ok, I can dig that. But not everyone is smart enough to find the big problems to make the big money!!
 Quoting: Zazztacular WIN


You only have to make enough money to met your personal requirements. If you have a bunch of things that are important and take money then you need more. Want less and you need less. It is your choice.

Couple days ago I heard a talk about making more money -- doing what you like most -- doing what you are good at -- doing what people will pay for. It was framed as finding work verses looking for a job. No one wants a job, but we all need some satisfying work.

Now the author, when mentioned, might turn some folks off, but Zazz, this author thinks the Dow might hit 16,000 before doom... so there.

Regardless of the messenger, this is really good advice:

Wujo: How To Find Work, Rethinking The Process [April 8, 2012]
[link to www.youtube.com]

From my experience, your spending will always meet or exceed your income, so as you make more you still spend it all... so then you must buy things that can hold their value.
 Quoting: TheTruthWorker


or instead of buying things that hold value, buy infrastructure to CREATE value and things that create value. it's quite obvious that none of the stimulus packages or any sort of legislation is meant to help the economy.

we could have used money to open new factories, repair/upgrade infrastructure, tons of options to create VALUE. this was not done.

wujo guy is pretty spot on, i saw that video the other day as well.
 Quoting: Anonymous Coward 1311324


"...buy infrastructure to CREATE value and things that create value."

With what exactly?

Here is your list folks:

1. Economic collapse (started in 2001, really got going in 2008)

2. Political collapse - whoever is elected in 2012 will be the last POTUS (read dictator)

3. Societal collapse - when the gub'ment checks stop, and you can't eat, well, you know the rest

4. ??

Get ready folks. This is not conspiratorial, nor sensationalist, it's plain fact. We are beyond broke. We're spending someone else's money, that of our children that is...
 Quoting: Anonymous Coward 13129187


are you asking with what would you buy infrastructure?

state issued non-federal reserve non-debt based money. of course the last time someone tried that they got their head blown off in broad daylight.

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