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Economy Shrinks

Discussion in 'Political Issues' started by aircarver, Jan 30, 2013.


  1. aircarver

    aircarver
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  2. series1811

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    Enforcerator.
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    I think the correct news is that the "economy unexpectedly shrinks" (at least he way the MSM reports it.

    Looks like more and more QE's coming.
     

  3. aircarver

    aircarver
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    What was that definition of 'insanity' again ? ... :frown:

    .
     
  4. callihan_44

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    i swore i heard someone say we were brought back from the brink...anyway I think everyone has given up the economy getting fixed, now it's just line up for the freebees..what other choice is there?
     
  5. Agsuper1

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    Cloward and Piven. Another words collapse the system.
     
    #5 Agsuper1, Jan 30, 2013
    Last edited: Jan 30, 2013
  6. beforeobamabans

    beforeobamabans
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    What amazes me is the complacency in the markets. You would think the Dow would be down 500 points today. We are however about to complete a huge double top which suggests the eventual re-test of the March '09 lows. The fundamentals also speak to a tortuously long, dragged out bear market. Say, four years?
     
  7. Paul7

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    'Surprise' was the word used in the article. These nitwits have been surprised for four years.
     
  8. cowboy1964

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    Consumer confidence has plunged now that people have realized their pay has been cut 2% (which goes to show how closely they DON'T pay attention to things. This wasn't a surprise). If the GDP keeps going like this look for Obama and Congress to reinstate that cut, along with maybe a one time tax credit of $2000 or something.

    I am paring back my stock holdings some today.
     
    #8 cowboy1964, Jan 30, 2013
    Last edited: Jan 30, 2013
  9. cowboy1964

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    I read an article yesterday how 2013 is shaping up to look a lot like 1987. The Dow was up 40% in '87 before the 41% decline in the fall.
     
  10. LASTRESORT20

    LASTRESORT20
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    Who is surprised? besides idiots..........