The Coming Crash Will Be Monumental

futuresRX · Oct 3, 2008

Quote from bjjtrader:

With so many on ET calling for a crash, its time TO GO LONG.
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AGREED! The good old contrarian EliteTrader play.

bit · Oct 3, 2008

The Feds must be considering a rate cute this weekend, but will it help?

TraderZones · Oct 3, 2008

Quote from GermanTrader:

It's one hell of alot more than $3,500. Try $3M. Do the math, add the interest over time, get the real number for each man, woman and child in the USA, except for undocumenteds, who aren't slaves to taxes.
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$700 billion divided by 300 million people. That is several thousands, not several millions, German...

stock_trad3r · Oct 3, 2008

Ben please cut the rates one point

Susannah · Oct 3, 2008

Quote from piezoe:

Was talking to a good friend who is also a well-known economist. He is convinced that we are going to see tremendous inflation going forward. Also, and this is just my opinion, i don't see this recession going away anytime soon. Ironically, the good Reverend Wright was correct when he said "America's chickens are coming home to roost!"
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How is he hedging himself? I'd be interested to know.

snowhite · Oct 3, 2008

i am going short in my retirement acct with double short etfs.

loik · Oct 3, 2008

Quote from GermanTrader:

It's one hell of alot more than $3,500. Try $3M. Do the math, add the interest over time, get the real number for each man, woman and child in the USA, except for undocumenteds, who aren't slaves to taxes.
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Rank Order - Public debt

l2tradr · Oct 3, 2008

Quote from GermanTrader:

It's one hell of alot more than $3,500. Try $3M. Do the math, add the interest over time, get the real number for each man, woman and child in the USA, except for undocumenteds, who aren't slaves to taxes.
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I compounded $700 Billion at 5% a year (to be very generous) over a 30 year period, and divided it by 300 million people. I get just over $10K. Am I missing something?

tman · Oct 3, 2008

Quote from loik:

Rank Order - Public debt
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Does Estonia sell bonds???

l2tradr · Oct 3, 2008

Anyone got a list with the top BUYERS of this debt?