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 built using slave labor, sold as overpriced garbage

-Baidu surged from $15 to $140 making it one of the most valuable brands in Chinanot a damn thing to do with usa

-Priceline went from $80 to $657produces no value

-Chipotle went from $40 to $407owned by macdonalds, produces no value, makes people sicker

-Las Vegas Sands was a penny stock in 2009; it's up 3000 percentresort company? produces no value

-Twitter, valued at a whopping $30 billion, has overtaken traditional news media.LOL TWITTER LMAO produces no value, dumbs people down

-2011 exports at $1.3 trillion, surpassing 2008 highsdevalued dollar at work

-Gold, silver, misc. grains, oil, and gas prices have more than doubleddevalued dollar at work

-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. produces no 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.produces no value, cia intel op

-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.and millions of people have lost their jobs and livelihoods

- 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.devalued dollar at work

More positive news here from SA

[link to seekingalpha.com]

Key points:

We have companies Facebook, Twitter, Google, Apple and Pinterest that are on the forefront of the inevitable transition to a type one civilization. Exports, high-end real estate, productivity, cloud computing, web 2.0, retail, service sectors is where the growth is. Millennials are uploading millions of pictures a day and composing billions of tweets and status updates. Billions of dollars of transactions are conducted daily with smart phones and social media

CNBC: Financial capitalism is taking over the world and That's a Good Thing

Bloomberg: the economy is fundamentally sound

WSJ: Keep buying the dips, Facebook worth $150 billion

BusinessWeek: Still no recession in Silicon Valley, pain at the pump is transitory, economy doing great

IBD: Job loss not a big deal, buy the dips, economy doing really great

SF Chronicle: Facebook worth $200 billion, economy doing really greater and gooder YOY retail earnings

I always wonder who buys this mainstream hypnosis. Now I know.

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.

If this is meant as a humorous piece OP.

Are you serious? Inflated dollars. Remember tulip bulbs for $1000 apiece? Hyperinflation. Effing idiot.

Your exactly right, this is just hyperinflation rearing it's ugly head. I can't believe he can't see it from the stocks that he showed. I totally forgot about these and he showed them and it hit bigger than anything I can imagine. In this economy there is no way that stocks like these (especially Priceline, they where a dot.com stock that went almost under the first time around) should have this evaluation. The only reason they have it is because of all the printing of money that is juicing the markets both wallstreet and the realworld.

I believe that we will see hyperinflation in this country and it will be brutal.

I am looking forward to the Facebook IPO. Should be really interesting. I think it happens next month. The market should be way up at that time.

The futures is rosy and exciting!!!

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.