[Pops]

$this->bbcode_second_pass_quote('threadbear', 'H')ow is this not a worst case scenario.

[roccman]

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('threadbear', 'H')ow is this not a worst case scenario.

[Pops]

$this->bbcode_second_pass_quote('threadbear', ' ')It's happened, Dudes. You're just not seeing the repercussions.

[roccman]

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('threadbear', ' ')It's happened, Dudes. You're just not seeing the repercussions.

[Pops]

You miss my point.

Warning of IT happening at some point may get them moving towards the gates if your message is clear.

Saying IT is happening every 10 days (or 10 times each day) will either get a few running and caught in a fence for no reason or just the whole bunch milling and being convinced you are goofy and just a Bugger.


Sorry to use a cattle analogy...

[roccman]

Well pops - us chimps require severe daily beatings across the brow to give the message a running chance.

Why pops is nothing all that out of the ordinary for you?

Do you have a pulse?

I must read 100 PO posts here everyday...I never once think to say, "not new...move along now...been there done that?...why pops would you not post to Dantes thread..."tell us something we don't know Dante?"

What gives pops - or are most all of us trolls except a few of your veteran pals here?? Would get mighty boring around here...don't cha think pops - you and 5 others stroking yourselves?

[Pops]

Kind of a funny response rocc. what is your deal posting here?

It seems to me to be quite a bore listening to so many proclamations that the world will end tomorrow and we will all die and then tomorrow there is a new proclamation that we will all die.


I don’t see posts of my actions in response to PO, RE or any other bubble as anything but my experiences as too what I have done and a little opinion here and there.


I really don’t care whether anyone out there considers my experience in their plans or not though I do hope some will.

[Twilight]

$this->bbcode_second_pass_quote('jbeckton', 'I') recall a thread from this spring where everyone was trading gasoline storage techniques to prepare for the coming doom this summer.

Much like our flying cars and fusion, the crash is always just around the corner .

[roccman]

$this->bbcode_second_pass_quote('Pops', '
')I really don’t care whether anyone out there considers my experience in their plans or not though I do hope some will.

[threadbear]

Pops, You will be feeling the repercussions very soon in the form of crazy inflation. And that money you have in the bank? Just do the sensible thing and keep it there as it loses an average of 1% or more a week, for the next couple of months. Good on you. Tell you what, you get into grave difficulties, Roccman and I, maybe we sell a couple of oz's of our gold and buy your farm!

[Ferretlover]

“Nowhere to run to, baby, nowhere to hide…”
~Martha & The Vandellas

"Whoa, thought it was a nightmare, Lo, it's all so true,
They told me, "Don't go walkin' slow 'Cause Devil's on the loose."
Better run through the jungle, Better run through the jungle,
Better run through the jungle, Whoa, Don't look back to see."
~Creedence Clearwater Revival

[roccman]

$this->bbcode_second_pass_quote('threadbear', 'P')ops, You will be feeling the repercussions very soon in the form of crazy inflation. And that money you have in the bank? Just do the sensible thing and keep it there as it loses an average of 1% or more a week, for the next couple of months. Good on you. Tell you what, you get into grave difficulties, Roccman and I, maybe we sell a couple of oz's of our gold and buy your farm!

[Pops]

$this->bbcode_second_pass_quote('threadbear', 'P')ops, You will be feeling the repercussions very soon in the form of crazy inflation. And that money you have in the bank? Just do the sensible thing and keep it there as it loses an average of 1% or more a week, for the next couple of months. Good on you. Tell you what, you get into grave difficulties, Roccman and I, maybe we sell a couple of oz's of our gold and buy your farm!

[Ludi]

Pops grows all his needs after farming for only three-four years? That's remarkable.


Go Pops!

[truecougarblue]

$this->bbcode_second_pass_quote('MrBill', '
')
If I were to make legislation, and I would prefer not to, but I would increase the amount of downpayment needed to qualify for Federal home insurance as well as disallow interest only or balloon mortgages.

Also I might look at some restrictions on 2nd and 3rd mortgages on Federally insured mortgages, so that equity is kept positive or increases over the life of the mortgage.

[Pops]

$this->bbcode_second_pass_quote('Ludi', 'P')ops grows all his needs after farming for only three-four years?

[Kristen]

We have definetetly reached the tipping point and things will just keep getting worse. One Canadian Dollar now is $1.08. It seems like it was just yesterday when the two became even. The dollar deteriation is rapidly incteasing.

Instead of trading all of these CDO's and SIv's they might as well have been trading poodle turds. The whole logic behind selling a person's debt as money is just moronic because if a person doesn't pay you'll be left with nothing.

I think we have maybe a week or so left before we finally fall off the cliff. As I've said before your best bet it to loot the pharmacy. Valium will most likely come in handy. For all you gold lovers out there, how much would you give for medicine when it becomes scarce?

[manu]

$this->bbcode_second_pass_quote('MrBill', 'T')here are actually many who believe we could 'melt-up' from here. Due to many of the same reasons you have listed. This might be seen as the flip-side to inflation (i.e. not real gains, but illusionary). Some like Jim Rogers who actively criticize the Fed and see inflation actually think that the Shanghai stock market might double (again) from current levels. Others see the credit crunch as spuring a move into 'risk free' US treasuries and so keeping long-term yields down. This makes US treasuries expensive and stocks cheaper by comparison. That would mean that US stocks might continue to rally into 2008 despite a weak US economy, especially if the Fed keeps easy (and fuelling inflation). I doubt any of those predictions will come to pass in 2007. But it is only 6-weeks to go so let's wait and see, eh?

How far will short-sighted politicians go to keep this rally going? Here is an example of your lawmakers hard at work to destroy your future. Enjoy.

$this->bbcode_second_pass_quote('', 'C')itigroup Inc. and other big U.S. banks say plans by Congress Democrats to ease lending rules, aimed at avoiding mortgage foreclosures, may weaken bankruptcy laws and curtail lending, the Wall Street Journal reported.

Citigroup, JPMorgan Chase & Co. and Wells Fargo & Co. are opposing draft legislation that would permit bankruptcy judges to change interest rates and mortgage lengths for borrowers in bankruptcy, the Journal reported.

Banks said such changes would curtail lending and increase the borrowing costs, the Journal reported, citing Scott Talbott, the senior vice president of the Financial Services Roundtable, an industry group.

The bill, sponsored by North Carolina Democratic Representative Brad Miller and California Democratic Representative Linda Sanchez, would also allow judges to change parts of loans from secured to unsecured debt if house values dropped below mortgage amounts, making it harder for banks to recover what they'd lent, the newspaper said.

[MrBill]

manu wrote:
$this->bbcode_second_pass_quote('', 'T')he only melt up you will see in the future is a nuclear bomb. This is the end of the world economy. It started in 2006 with the sub prime fiasco, which you called "a bump in the road". It is a 3 trillion $ bump. Get a farm, live simple, buy a cow.

[MrBill]

UPATE: MrBill wrote:
$this->bbcode_second_pass_quote('', 'L')et me give you one very simple example, although completely ficticious, just to illustrate my point.

Say I am the biggest broker in the world and I have the majority of market share to underwrite all equity options. So I earn a fortune during quiet periods of time when volatility is very low. I collect nickels, but if you collect enough nickels they add up.