The End of the World as We Know It

Snowballs wrote

Fodder.

http://news.yahoo.com/india-central-bank-chief-warns-another-market-crash-190447924--finance.html

The guy is a hack. I predict that there will be a market crash coming. Guess what - the odds of me being correct are about 100%.

lingerlonger wrote

Political discussions here:  On one side a bunch of old, scared white men who haven't had an original thought since the Eisenhower administration

Hey - I resemble that remark, although you should at least inform the USPTO that those 67 patents I have are not original ideas. But I really am not scared, got my life time supply of spam and Vienna sausages in the bomb shelter. Duck and cover baby, that's what Ike taught us. Put yur head between your legs and kiss your ass goodbye.

  need an eyeroll guy

PeeTex wrote

I predict that there will be a market crash coming. Guess what - the odds of me being correct are about 100%.

Re. accuracy, a guy on Malcolm Gladwell's podcast said, "economists have predicted 17 of the last 3 recessions."

Good catch there Harv, you deleted MCs post before I had a chance to craft an a-political response. We will leave it at that.

I saw a long PeeTex quote and link to a wsj article about the fed.  I didn't read the article.

I didn't touch anything beyond removing the name of a forum poster.

PeeTex wrote

 Harv, you deleted MCs post before I had a chance to craft an a-political response..

I deleted it because I didn't want to get into politics.

Not sure if discussion about this is okay or not (even if Harv started this thread).

The WSJ link is here if you're interested. Basically, the country has given up caring about the deficit and the Fed is hoping to inflate our way out of it:

https://www.wsj.com/articles/fed-adds-104-5-billion-to-financial-markets-11572355429

MC2 5678F589 wrote

PeeTex wrote

 Harv, you deleted MCs post before I had a chance to craft an a-political response..

I deleted it because I didn't want to get into politics.

Not sure if discussion about this is okay or not (even if Harv started this thread).

The WSJ link is here if you're interested. Basically, the country has given up caring about the deficit and the Fed is hoping to inflate our way out of it:

https://www.wsj.com/articles/fed-adds-104-5-billion-to-financial-markets-11572355429

Hey, you never know. Sometimes here at work they solve the problem with more of the problem.

Johnnyonthespot wrote

Hey, you never know. Sometimes here at work they solve the problem with more of the problem.

Fine, but as I said earlier in the thread, if they're giving out money, I'd rather they point the free money firehose at the middle class instead of making rich people and giant corporations even richer.

MC2 5678F589 wrote

Johnnyonthespot wrote

Hey, you never know. Sometimes here at work they solve the problem with more of the problem.

Fine, but as I said earlier in the thread, if they're giving out money, I'd rather they point the free money firehose at the middle class instead of making rich people and giant corporations even richer.

You came in 2nd place a lot, didn't you?

MC2 5678F589 wrote

PeeTex wrote

 Harv, you deleted MCs post before I had a chance to craft an a-political response..

I deleted it because I didn't want to get into politics.

Not sure if discussion about this is okay or not (even if Harv started this thread).

The WSJ link is here if you're interested. Basically, the country has given up caring about the deficit and the Fed is hoping to inflate our way out of it:

https://www.wsj.com/articles/fed-adds-104-5-billion-to-financial-markets-11572355429

I don’t see how we can even begin to have a discussion about this without getting into politics as your last post begins to.

The whole monetary situation is screwed up and to debate why and how is highly political.

If I were Harv I’d lock this down before it explodes and just pisses him off.

Johnnyonthespot wrote

You came in 2nd place a lot, didn't you?

No, but I'm a Mets & Jets fan, so I have a lot of experience in rooting for the underdog.

MC2 5678F589 wrote

Johnnyonthespot wrote

You came in 2nd place a lot, didn't you?

No, but I'm a Mets & Jets fan, so I have a lot of experience in rooting for the underdog.

Every thing could be political, if you want to push it that way.   If yous can't control the urge to go political, the only truly foolproof method is getting rid of the OT.

I'm not getting rid of the OT.

Control it, or deal with locks and bans.

We tried politics for 2 years then the most vocal voted to kill it. I did. I'm not going back.  Can't be switching back and forth, just because someone has a good come back they need to unload.

I'm not pissed, just looking for the easy way out.  Way easier this way.  Far less gripe-ing about me not keeping up, or being fair. Or at least not emailing me about it.

Elect a socialist and kiss the chances of ever retiring goodbye

https://finance.yahoo.com/news/paul-tudor-jones-warns-stocks-221918624.html

Socialism is what keeps me up at night.  It is the end of America as we know it and could very likely lead to a civil war and break up of the greatest country the world has ever known.  How divisive this post can be on a ski blog where we otherwise have a lot in common proves my point.