tag:blogger.com,1999:blog-1207581886255094115.post797397241603458270..comments2024-02-26T05:51:17.859-05:00Comments on Economic Disconnect: Does Any of This Really Matter?EconomicDisconnecthttp://www.blogger.com/profile/02802078645713106743noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1207581886255094115.post-3009261974645975442008-01-24T16:59:00.000-05:002008-01-24T16:59:00.000-05:00Kevin,See my post on PFE in Tuesday's comment sect...Kevin,<BR/><BR/>See my post on PFE in Tuesday's comment section.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-45009604113567207182008-01-24T09:14:00.000-05:002008-01-24T09:14:00.000-05:00Adding to my post above:The economic reality is so...Adding to my post above:<BR/><BR/>The economic reality is so bad, that we now start stimulating the economy, monitarily and fiscally, PRIOR to an offical recession.<BR/><BR/>The powers to be are frantically trying to prevent the reality coming to the fore, because every one knows the our dept cannot be repaid.<BR/><BR/>Economic fundamentals cannot be ignored but they can be mitigated. Strings will be pulled to manage a controlled decline to prevent reality from taking over and causing a panic.<BR/><BR/>This is why periodically conditions defy reality. Smoke and mirrors have conned (or should I say reassured) investors to continue to have faith in the system.<BR/><BR/>Eventually, this distortion can become so great that some even thought Greenspan could walk on water.<BR/><BR/>We do not have a free market. Capitalism when profits are up; socialism when profits go down. Change the rules as we go along. Any thing to keep the confidence in the system going.<BR/><BR/>Just play the game along with everyone else. When things become too hairy, just sit on the sidelines and wait until the problems are papered over.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-14945337325927859922008-01-23T23:08:00.000-05:002008-01-23T23:08:00.000-05:00wikipedia.org/wiki/Dead_cat_bounceG PS: The interv...wikipedia.org/wiki/Dead_cat_bounce<BR/><BR/>G <BR/><BR/>PS: The interview went well & will know if I have a new job by Friday!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-72694329283901234702008-01-23T22:27:00.000-05:002008-01-23T22:27:00.000-05:00Congratulations. You figured it out, and 100 perce...Congratulations. You figured it out, and 100 percent correct.<BR/><BR/>As I previously posted, what might happen is what should have happened in the seventies and a dozen times thereafter, but didn't.<BR/>As Buffet said a lot of people have lost a lot of money betting against the US economy.<BR/><BR/>Thanks Kevin. Everybody knows just about sums it up. I haven't heard a Leonard Cohen song in years, and he's still right on.<BR/><BR/>When investors sense that things are becoming unglued (loss of confidence that we will be able to keep the game going) markets sell off. This continues until the Knights in Shining Armour (Bernake or the President) come to the rescue with soothing words. Nothing changed really, except confidence is restored. The con continues.<BR/><BR/>The only problem in this society is you must have assets to play.<BR/><BR/>But every one knows the stooges don't know what the hell they are doing, but the reality is just too hard to face. So we go on pretending, and periodically have fits of reality.<BR/><BR/>Look what happened after Katrina. The emporer has no clothes. Its been a down hill slide since then for this administration.<BR/><BR/>The status quo will continue because too many vested interests have too much to lose. There will be no change, just lying politicians. However, this can change from some extraneous event, such as another 9/11.<BR/><BR/>But don't kid yourself. Fundamental economics still has a play in this insanity.<BR/><BR/>We are becoming poorer. Like the frog in the pot of water, he just doesn't realize what is slowing happening.<BR/><BR/>Sure some will argue that we have the highest standard of living of all time. My counter is when we pay it off, only then are we richer. Until then, any one can live like a king, as long as there is some one to lend him the money to do so.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1207581886255094115.post-82510666235863542732008-01-23T20:28:00.000-05:002008-01-23T20:28:00.000-05:00"Everyone knows this." As Casandra put it. http://..."Everyone knows this." <BR/><BR/>As Casandra put it. <BR/>http://nihoncassandra.blogspot.com/<BR/><BR/>This is very fitting: Everybody knows.<BR/><BR/>http://www.youtube.com/watch?v=AeQhymQbijA&feature=related<BR/><BR/>KevinAnonymousnoreply@blogger.com