Page 6 of 19 FirstFirst ... 4567816 ... LastLast
Results 51 to 60 of 190

Thread: Stocks pile on losses amid worries on economy

  1. #51
    Bring us a shrubbery!
    tessaesque's Avatar
    Join Date
    Apr 2011
    Location
    Plano, Texas
    Last Seen
    11-09-17 @ 06:18 PM
    Gender
    Lean
    Other
    Posts
    15,910

    Re: Stocks pile on losses amid worries on economy

    Looks like I'll FINALLY be investing soon.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


  2. #52
    Global Moderator
    Moderator
    Helix's Avatar
    Join Date
    Jul 2011
    Last Seen
    Today @ 11:20 PM
    Gender
    Lean
    Independent
    Posts
    37,078

    Re: Stocks pile on losses amid worries on economy

    perhaps we should consider making more things in the states and hiring people to make them.

    or hire people to rebuild roads and bridges.

    or both. and soon.

  3. #53
    Guru

    Join Date
    Mar 2007
    Last Seen
    Today @ 01:50 PM
    Lean
    Undisclosed
    Posts
    4,469

    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by Ockham View Post
    Got new for you - Europe is driving this. We go down, you go down.
    What the hell makes you think I am from EU? Being entertained by the demise and especially the partisian hatred on display in the USA does not mean someone is pro-EU. In fact, I fully expect the USA and EU to be joined at the hip in the coming free-fall. Y'all are getting exacly what you deserve.

    .

  4. #54
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by TOJ View Post
    What the hell makes you think I am from EU?
    I dont care who you are or where you are... if the EU and the U.S. go down, the world economy goes down, therefore you go down as I will assume you on the Earth and are not an alien posting from space.

    You will suffer just like everyone else ...
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  5. #55
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Stocks pile on losses amid worries on economy

    Neither are going down but they are going to have to take their lumps. The sooner the better. A few years ago would have been even better.

  6. #56
    Professor
    atrasicarius's Avatar
    Join Date
    Jun 2011
    Last Seen
    12-23-12 @ 05:36 AM
    Gender
    Lean
    Socialist
    Posts
    2,227

    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by Ockham View Post
    I dont care who you are or where you are... if the EU and the U.S. go down, the world economy goes down, therefore you go down as I will assume you on the Earth and are not an alien posting from space.

    You will suffer just like everyone else ...
    The countries I expect to do well after the US and EU fall apart are Russia, India, and Brazil. China is too connected to the US and has too much social instability.
    For: legalizing drugs, gay marriage, abortion, guns, universal health care, public sector jobs, nuclear power, free education, progressive taxation
    Against: corporations, make-work, the 40 hour work week, intellectual property, imperialism, "homeland security," censorship

  7. #57
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by atrasicarius View Post
    The countries I expect to do well after the US and EU fall apart are Russia, India, and Brazil. China is too connected to the US and has too much social instability.
    How will they do well when no one will have money to buy their crap products or be running businesses needing outsources call centers?
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  8. #58
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by Ockham View Post
    How will they do well when no one will have money to buy their crap products or be running businesses needing outsources call centers?
    "Its new iteration refers to growing trade links between emerging markets that Citigroup Inc. economists Willem Buiter and Ebrahim Rahbari predict will power an increase in worldwide trade in goods and services to $149 trillion in 2030 from $37 trillion in 2010. They estimate that China will usurp the U.S. as the world’s biggest trader within four years.

    By 2015, they said, commerce between emerging markets will overtake that within advanced economies and by 2030 that between developed and developing nations. The projections may not be met should free trade fail to take hold, Buiter and Rahbari said in a June 22 report."

    Brazil Hits China With Tariffs as Potholes Erode New Silk Road - Bloomberg

  9. #59
    Guru

    Join Date
    Mar 2007
    Last Seen
    Today @ 01:50 PM
    Lean
    Undisclosed
    Posts
    4,469

    Re: Stocks pile on losses amid worries on economy

    Quote Originally Posted by Ockham View Post
    I dont care who you are or where you are... if the EU and the U.S. go down, the world economy goes down, therefore you go down as I will assume you on the Earth and are not an alien posting from space.

    You will suffer just like everyone else ...
    Wrong again, sweetie. My situatiion is not dependent on a good USA, EU, or even world economy. In fact, the economy tanking will present some great buying opprtunities.

    .

  10. #60
    Advisor nijato's Avatar
    Join Date
    Aug 2011
    Location
    Charm City, USA
    Last Seen
    01-19-12 @ 03:08 PM
    Gender
    Lean
    Libertarian - Left
    Posts
    417
    Blog Entries
    2

    Re: Stocks pile on losses amid worries on economy

    The problem is not politics. The problem is not even fiscal or monetary, at least not in the traditional sense. The problem is growth.

    Infinite growth on a finite planet is not only impossible, it is a logical absurdity. This is an important point: think about it until you understand that it is incontrovertible.

    The problem is resource scarcity, or more to the point peak oil. For the last 250 years, civilization has had ever increasing amounts of energy available to grow, diversify, and increase in complexity. Since debt is predicated on the belief in the ability to be repaid in the future, it is the most forward-leaning aspect of a money economy. Therefore, when reasonable, rational people wonder if they will ever be repaid (with money that has any meaningful value), debt instruments are the first to not perform according to expectations.

    Since the economy is based on the lending of money at interest, that means this is it. In the words of Fred Sanford, "I'm coming Elizabeth, this is the big one!"

    This is not a correction, recession, or depression which will be muddled through before the "normal" of 3% YoY GDP growth returns.

    This is the end of growth. Plan accordingly.

    One other thing I noticed in this thread: I am a fan of conspiracy theories... even more I enjoy actual conspiracies. The fact that commodities, stocks, and treasury bond yields were all down on the same day is not the result of one however.

    Quote Originally Posted by PeteEU View Post
    As it stands now, the panic in the markets make zero sense... oil AND gold are down considerably last I looked as well as the markets.. and all that because of a made up problem with Italy? I smell a rat.. someone is successfully influencing the markets in a negative way... and as they say... follow the money... who ever made a bundle the last few weeks... there you have your problem.
    This is what happens during fast falls when traders need to cover margin calls and raise cash by selling assets that have appreciated recently. Not a rat... finance.
    Last edited by nijato; 08-04-11 at 08:05 PM. Reason: added more thoughts
    "A witty saying proves nothing." Voltaire

Page 6 of 19 FirstFirst ... 4567816 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •