The fake credit crunch according to experts

Discussion in 'Wall St. News' started by stock_trad3r, Jan 7, 2009.

  1. I may be right after all

    http://www.lewrockwell.com/higgs/higgs102.html

    As I said b4 I know pretty mcuh everything. I knew that all of this talk of credit crunch and liquiduty crisis was nosnense way back in June 2007.

    however, I don't agree with ron paul at all.
     
  2. Only one position of mine is down 50% from when I went long
     
  3. Because he only has one position. :)
     
  4. Daal

    Daal

    The chart reflects people and companies drawing on credit lines, cards while they can, not a healthy sign by any means
    I wouldn't get my information from leerockwell if I was getting paid for it, those guys are more interested in seeing confirming evidence that some dead economist is right rather than get the facts right
     
  5. ok, even so, if you know everything about the markets, why did your ONE position end up down 50%? Shouldn't you have known better than to go long when you did?

     
  6. I happen to think you are the dumbest literate person on the planet. Stupid fuck would be giving you way too much credit.