USA = Financial Titanic?

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  • xmas13
    Confirmed User
    • Dec 2004
    • 5176
    #1

    USA = Financial Titanic?

    In the early 20th Century, every Briton thought the Titanic was so large and invincible.

    But bad management and an iceberg destroyed it.

    *** Bush Administration+ Financial Iceberg= Catastrophe. ***

    ICQ 557504926
    Tags: None
    • Vick!
      Confirmed User
      • Nov 2005
      • 6882
      #2
      I am worried.
      Affordable Quality Web Hosting

        Comment

        • papill0n
          Unregistered Abuser
          • Oct 2007
          • 15547
          #3
          ok its getting boring now

            Comment

            • madfuck
              Registered User
              • Oct 2004
              • 2032
              #4
              that was the worst day for lots of ppl
              how sad "(

                Comment

                • BOSS1
                  Confirmed User
                  • Sep 2005
                  • 4331
                  #5
                  hmmm increasing exports to supersize the economy, does not equal titanic... its more like a submarine

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                    Comment

                    • After Shock Media
                      It's coming look busy
                      • Mar 2001
                      • 35299
                      #6
                      Umm titanic had defective parts and they scrapped lifeboats. Ah just nitpicking.

                      So who today is the dude who jumped off early on drunk as hell and survived?

                      [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

                        Comment

                        • axelez
                          Confirmed User
                          • Sep 2007
                          • 121
                          #7
                          Originally posted by After Shock Media
                          So who today is the dude who jumped off early on drunk as hell and survived?
                          BUSH .......
                          Keep the hookers just give me the blow

                            Comment

                            • KingK7
                              Confirmed User
                              • Jun 2002
                              • 6372
                              #8
                              Originally posted by madfuck
                              that was the worst day for lots of ppl
                              how sad "(
                              Yes, very insightful

                                Comment

                                • woj
                                  <&(©¿©)&>
                                  • Jul 2002
                                  • 47880
                                  #9
                                  if it does goes down it will drag the whole world with it... doesn't matter if you are from canada or europe or china or if you invest in gold or real estate or art or whatever else people invest in, if the titanic goes down, the whole world economy will sink with it...
                                  Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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                                    • Snake Doctor
                                      I'm Lenny2 Bitch
                                      • Mar 2001
                                      • 13449
                                      #10
                                      Yes of course.
                                      Because European porn webmasters aren't getting as many euros for their dollars anymore, it means the entire US economy is on the verge of collapse.

                                      </sarcasm>
                                      sig too big

                                        Comment

                                        • EZRhino
                                          Confirmed User
                                          • Jul 2003
                                          • 6258
                                          #11
                                          Originally posted by Snake Doctor
                                          Yes of course.
                                          Because European porn webmasters aren't getting as many euros for their dollars anymore, it means the entire US economy is on the verge of collapse.

                                          </sarcasm>
                                          Well said

                                            Comment

                                            • Brad Mitchell
                                              Confirmed User
                                              • Nov 2001
                                              • 9813
                                              #12
                                              Originally posted by Snake Doctor
                                              Yes of course.
                                              Because European porn webmasters aren't getting as many euros for their dollars anymore, it means the entire US economy is on the verge of collapse.

                                              </sarcasm>
                                              When you put it like that, it does make me feel a little bit better.

                                              Brad
                                              President at MojoHost | brad at mojohost dot com | Skype MojoHostBrad
                                              71 industry awards for hosting and professional excellence since 1999

                                                Comment

                                                • Validus
                                                  Confirmed User
                                                  • Jul 2001
                                                  • 4012
                                                  #13
                                                  On the weekend I watched a documentary about central banks and the Federal Reserve. I didn’t know it was a private corporation. Shows you how much I know though. I am sure its no new to must here.

                                                    Comment

                                                    • yahoo-xxx-girls.com
                                                      Confirmed User
                                                      • Jul 2006
                                                      • 3143
                                                      #14
                                                      Bump ...
                                                      sig too big

                                                        Comment

                                                        • GreyWolf
                                                          So Fucking Banned
                                                          • Jun 2007
                                                          • 2036
                                                          #15
                                                          Originally posted by Brad Mitchell
                                                          When you put it like that, it does make me feel a little bit better.

                                                          Brad
                                                          Agree - there is nothing like hiding the foreclosure notice under the carpet

                                                          Sure foreign webmasters may be moaning now (along with many investors who pulled from US dollar markets), but, it's nothing in comparison to the effects of a weak dollar on the US economy. By the year end the cost of higher imports, oil etc will have increased from a trickle to a flow - not good news for anyone.

                                                            Comment

                                                            • V_RocKs
                                                              Damn Right I Kiss Ass!
                                                              • Nov 2003
                                                              • 32451
                                                              #16
                                                              Not too worried...

                                                              In reality it would really fuck up the rest of the world if we went down. The rest of the world would be fucked without the exports we do have and would be doubly fucked if we suddenly stopped buying what they were selling.

                                                                Comment

                                                                • Barefootsies
                                                                  Choice is an Illusion
                                                                  • Feb 2005
                                                                  • 42635
                                                                  #17
                                                                  Originally posted by woj
                                                                  if it does goes down it will drag the whole world with it... doesn't matter if you are from canada or europe or china or if you invest in gold or real estate or art or whatever else people invest in, if the titanic goes down, the whole world economy will sink with it...
                                                                  Correct...
                                                                  Should You Email Your Members?

                                                                  Link1 | Link2 | Link3

                                                                  Enough Said.

                                                                  "Would you rather live like a king for a year or like a prince forever?"

                                                                    Comment

                                                                    • xmas13
                                                                      Confirmed User
                                                                      • Dec 2004
                                                                      • 5176
                                                                      #18
                                                                      WHAT THE FUCK IS GOING ON?

                                                                      PetroChina's Value Tops $1 Trillion, Surpassing Exxon
                                                                      http://www.bloomberg.com/apps/news?p...CuA&refer=asia

                                                                      50% of the world's largest companies are Chinese.

                                                                      The other Chinese companies that rank among the world's 10 largest by market value are China Petroleum, known as Sinopec, China Mobile Ltd., Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp.
                                                                      The oil producer's Shanghai listing pushes China's stock market beyond the U.K. as the world's third-largest.
                                                                      http://www.iht.com/articles/2007/11/...llionaires.php

                                                                      China's economy generates billionaires by the dozen

                                                                      The United States has more billionaires than any other country: 415 by Forbes's last count.

                                                                      No. 2, and closing fast? China.

                                                                      A year ago, there were 15 billionaires in China. Now, there are more than 100, according to the widely watched Hurun survey, and 66, according to Forbes.

                                                                      Unlike America's rich, China's are hardly famous, even in China. Gates, Buffett and Brin are known around the world. But Yang, Guo and Zhang?
                                                                      ICQ 557504926

                                                                        Comment

                                                                        • xmas13
                                                                          Confirmed User
                                                                          • Dec 2004
                                                                          • 5176
                                                                          #19
                                                                          Yang, Guo and Zhang???????????

                                                                          WTF!
                                                                          ICQ 557504926

                                                                            Comment

                                                                            • xmas13
                                                                              Confirmed User
                                                                              • Dec 2004
                                                                              • 5176
                                                                              #20
                                                                              ICQ 557504926

                                                                                Comment

                                                                                • thonglife
                                                                                  So Fucking Banned
                                                                                  • Oct 2004
                                                                                  • 1566
                                                                                  #21
                                                                                  Originally posted by xmas13
                                                                                  WHAT THE FUCK IS GOING ON?

                                                                                  PetroChina's Value Tops $1 Trillion, Surpassing Exxon
                                                                                  http://www.bloomberg.com/apps/news?p...CuA&refer=asia

                                                                                  50% of the world's largest companies are Chinese.





                                                                                  http://www.iht.com/articles/2007/11/...llionaires.php

                                                                                  China's economy generates billionaires by the dozen



                                                                                  Move to China.

                                                                                    Comment

                                                                                    • xmas13
                                                                                      Confirmed User
                                                                                      • Dec 2004
                                                                                      • 5176
                                                                                      #22
                                                                                      Originally posted by thonglife
                                                                                      Move to China.
                                                                                      NO WAY.
                                                                                      ICQ 557504926

                                                                                        Comment

                                                                                        • EonBlue
                                                                                          Apocalypse
                                                                                          • May 2007
                                                                                          • 3043
                                                                                          #23
                                                                                          Or what if none of the economic fear-mongering is true?

                                                                                          http://www.ibdeditorials.com/IBDArti...78895915214665

                                                                                          Friday's employment report, showing a much-higher-than-expected increase of 166,000 in nonfarm payroll jobs, was only the latest in a spate of remarkable reports showing the economy's stunning resilience.

                                                                                          Earlier this week, we discovered that, contrary to fears and forecasts of much slower growth in the third quarter, the U.S. economy in fact expanded at a 3.9% rate ? even in the midst of a vicious housing downturn, soaring mortgage delinquencies and a credit crunch.

                                                                                          Inflation showed its lowest annual rise since the 1960s, despite oil touching $96 a barrel. Employment costs, rising in the third quarter at 3.8% annual rate, are well under control. The broad stock market, despite an up and down year, has mostly been up ? punching repeatedly through its previous highs.

                                                                                          Just three weeks ago, the Office of Management and Budget reported that the budget deficit fell to $163 billion, or 1.2% of GDP, its lowest level in five years. Meanwhile, even the big, bad trade deficit has begun shrinking, as the weak dollar sets off a U.S. export boom.

                                                                                            Comment

                                                                                            • $5 submissions
                                                                                              I help you SUCCEED
                                                                                              • Nov 2003
                                                                                              • 32189
                                                                                              #24
                                                                                              How much is the IRAQ WAR costing the US?

                                                                                                Comment

                                                                                                • coolegg2
                                                                                                  Confirmed User
                                                                                                  • May 2005
                                                                                                  • 210
                                                                                                  #25
                                                                                                  Originally posted by $5 submissions
                                                                                                  How much is the IRAQ WAR costing the US?
                                                                                                  http://www.nationalpriorities.org/Co...-of-War-3.html

                                                                                                    Comment

                                                                                                    • GreyWolf
                                                                                                      So Fucking Banned
                                                                                                      • Jun 2007
                                                                                                      • 2036
                                                                                                      #26
                                                                                                      Originally posted by EonBlue
                                                                                                      Or what if none of the economic fear-mongering is true?
                                                                                                      It is correct that productivity was up for the last quarter - oldish news now and over-ridden by other problems in that quarter. 3.9&#37; was actually very good and better than the forecast of 3.8%. It's a pity this can't be sustained thru the year - else there would be a chance of seeing something more positive over time.

                                                                                                      Unfortuately this current quarter is expected to be fairly bad, mainly due to the economic situation gathering momentum, but, you never know - it is possible a decent percentage could be there, despite the background problems.

                                                                                                      Other good news appears on a Fed survey of banks - they are generally tightening up on the issue of loans and remortgaging, obviously to cover their own asses, but it does keep the "quality" of loans higher and less chance of defaulting.

                                                                                                      Any figures on employment are meaningless unless they can support them and give foundation for the calculation. This is the same mob who claimed something like an employment again of around 426,000 at the end of last year - and this was then revised to 19,000'ish. They are prone to hype and fantasy and trying to convince people it's the truth.

                                                                                                      Bad news is the home problem is not showing any signs of bettering. Just read forecasts earlier of financial institutions being loaded with $1 trillion of sub-prime mortgage problems in next year or so. That's one hell of a lot of homes banks will have on their hands which they don't want. There may be a clue in banks being more flexible with customers on mortgage terms where a customer has a chance of repaying - it sure is better than homes standing empty and people without decent shelter.

                                                                                                      So far about 1.7 million people have had foreclosure proceedings and an expected further 2 million over the next few years. According to the Joint Economic Committee, one in five mortages are now in jeopardy, tho these are usually related to sub-prime.

                                                                                                      Believe me - it's not fear mongering - it's real life for many unfortunately and that can be painful. Needless to say the dollar dropped again and oil is on a fresh high of $97ish. Got little doubts oil will reach $100 now and the dollar will keep sliding each month until there is light at the end of the tunnel - tho, you'd need a magnifying glass to spot that speck of light - bad news.
                                                                                                      Last edited by GreyWolf; 11-06-2007, 08:40 PM.

                                                                                                        Comment

                                                                                                        • Snake Doctor
                                                                                                          I'm Lenny2 Bitch
                                                                                                          • Mar 2001
                                                                                                          • 13449
                                                                                                          #27
                                                                                                          Originally posted by EonBlue
                                                                                                          Or what if none of the economic fear-mongering is true?

                                                                                                          http://www.ibdeditorials.com/IBDArti...78895915214665

                                                                                                          Friday's employment report, showing a much-higher-than-expected increase of 166,000 in nonfarm payroll jobs, was only the latest in a spate of remarkable reports showing the economy's stunning resilience.

                                                                                                          Earlier this week, we discovered that, contrary to fears and forecasts of much slower growth in the third quarter, the U.S. economy in fact expanded at a 3.9% rate ? even in the midst of a vicious housing downturn, soaring mortgage delinquencies and a credit crunch.

                                                                                                          Inflation showed its lowest annual rise since the 1960s, despite oil touching $96 a barrel. Employment costs, rising in the third quarter at 3.8% annual rate, are well under control. The broad stock market, despite an up and down year, has mostly been up ? punching repeatedly through its previous highs.

                                                                                                          Just three weeks ago, the Office of Management and Budget reported that the budget deficit fell to $163 billion, or 1.2% of GDP, its lowest level in five years. Meanwhile, even the big, bad trade deficit has begun shrinking, as the weak dollar sets off a U.S. export boom.
                                                                                                          These are the kinds of things I've been pointing out for months here, but every time I do the euro brigade comes in and tells me that I'm looking at the wrong numbers, or that the government falsifies the numbers, or that the government hides the true data, or that they have a line graph that corresponds to a pie chart that ties into a Nostradomus prediction that the US economy is going to collapse and by this time next year we'll all be begging the chinese for lead based paint to feed to our kids.
                                                                                                          sig too big

                                                                                                            Comment

                                                                                                            • yahoo-xxx-girls.com
                                                                                                              Confirmed User
                                                                                                              • Jul 2006
                                                                                                              • 3143
                                                                                                              #28
                                                                                                              XE.com is reporting 1 USD = 0.90905 CND !
                                                                                                              sig too big

                                                                                                                Comment

                                                                                                                • GreyWolf
                                                                                                                  So Fucking Banned
                                                                                                                  • Jun 2007
                                                                                                                  • 2036
                                                                                                                  #29
                                                                                                                  Originally posted by Balalsubturfyooj
                                                                                                                  XE.com is reporting 1 USD = 0.90905 CND !
                                                                                                                  And that is the acid test The day the dollar starts gaining value is the day there may be some hope a recovery is on it's way. Until then - there is no confidence and until there is confidence, not only within the US public, but elsewhere - stats are meaningless and something to hide under the carpet.

                                                                                                                    Comment

                                                                                                                    • Kevsh
                                                                                                                      Confirmed User
                                                                                                                      • Dec 2004
                                                                                                                      • 8619
                                                                                                                      #30
                                                                                                                      $7000 per household = The cost of the war in Iraq.
                                                                                                                      But yet does any Americans here feel they've given up that much to the government this year? No? Hmm, wonder where all that money's coming from ...

                                                                                                                      Hint: If you have kids or are planning on it, you better start an investment fund soon - they are going to be footing quite the bar tab by the time they hit adulthood.

                                                                                                                        Comment

                                                                                                                        • RawAlex
                                                                                                                          So Fucking Banned
                                                                                                                          • Oct 2003
                                                                                                                          • 9465
                                                                                                                          #31
                                                                                                                          The only good news in all of this? American porn is now stunningly cheap for everyone else in the world. 6 or 7 years ago, American porn was fucking expensive, costing upwards to 50 euros for a membership. Now, your $29.95 price converts to about 20 euros and still dropping. It makes selling porn memberships priced in American dollars a little easier (but not as profitable for those of us outside the US).

                                                                                                                            Comment

                                                                                                                            • yahoo-xxx-girls.com
                                                                                                                              Confirmed User
                                                                                                                              • Jul 2006
                                                                                                                              • 3143
                                                                                                                              #32
                                                                                                                              Originally posted by RawAlex
                                                                                                                              The only good news in all of this? American porn is now stunningly cheap for everyone else in the world. 6 or 7 years ago, American porn was fucking expensive, costing upwards to 50 euros for a membership. Now, your $29.95 price converts to about 20 euros and still dropping. It makes selling porn memberships priced in American dollars a little easier (but not as profitable for those of us outside the US).
                                                                                                                              sig too big

                                                                                                                                Comment

                                                                                                                                • teomaxxx
                                                                                                                                  Confirmed User
                                                                                                                                  • May 2003
                                                                                                                                  • 2737
                                                                                                                                  #33
                                                                                                                                  Originally posted by Snake Doctor
                                                                                                                                  These are the kinds of things I've been pointing out for months here, but every time I do the euro brigade comes in and tells me that I'm looking at the wrong numbers, or that the government falsifies the numbers, or that the government hides the true data, or that they have a line graph that corresponds to a pie chart that ties into a Nostradomus prediction that the US economy is going to collapse and by this time next year we'll all be begging the chinese for lead based paint to feed to our kids.
                                                                                                                                  yes, they constantly changed the way how the stats are counted and thats a proof.
                                                                                                                                  eg. latest job report:

                                                                                                                                  "The U.S. October employment report came better than expected. But the details of this report are much weaker than the headline figure of 166K non-farm jobs created in October.

                                                                                                                                  First, the establishment survey says that 166K jobs were created in October. But the household survey says that 250K jobs were lost in October. Which survey is more correct? In years when the economy was growing rapidly (2004 to mid 2006) the household survey was showing faster growth than the establishment survey. Indeed at that time supply-side commentators used to write every other month (in the op-ed page of the WSJ and other media outlets) that the household survey was a much better measure of the employment situation as the establishment survey did not fully reflect self-employment and new smaller businesses. But whether one survey or the other is a better proxy of the true state of the labor market depends on when you are in the business cycle. When the economy is growing fast ? as in 2004-2006 - the household survey may overestimate job creation; when the economy is slowing down ? like now - the establishment survey may overestimate job creation and the household survey may be a better measure. So today the household survey tells us that 250K jobs were lost in October."

                                                                                                                                  from:
                                                                                                                                  http://www.rgemonitor.com/blog/roubini/

                                                                                                                                    Comment

                                                                                                                                    • sumphatpimp
                                                                                                                                      Confirmed User
                                                                                                                                      • Aug 2002
                                                                                                                                      • 5235
                                                                                                                                      #34
                                                                                                                                      don't worry, the Democrats are coming, they are going to fix it.

                                                                                                                                        Comment

                                                                                                                                        • GreyWolf
                                                                                                                                          So Fucking Banned
                                                                                                                                          • Jun 2007
                                                                                                                                          • 2036
                                                                                                                                          #35
                                                                                                                                          Originally posted by GreyWolf
                                                                                                                                          Needless to say the dollar dropped again and oil is on a fresh high of $97ish. Got little doubts oil will reach $100 now and the dollar will keep sliding each month .....
                                                                                                                                          Mmmm.. spoke too soon! Oil is now up to over $98 at the moment - and 100% certainty it will reach $100 shortly.

                                                                                                                                            Comment

                                                                                                                                            • GreyWolf
                                                                                                                                              So Fucking Banned
                                                                                                                                              • Jun 2007
                                                                                                                                              • 2036
                                                                                                                                              #36
                                                                                                                                              Originally posted by Jesus H Christ
                                                                                                                                              Oh no not Webby's version of America is crashing..because of oil prices.

                                                                                                                                              http://www.nationmaster.com/graph/en...asoline-prices

                                                                                                                                              I have news for you ...American gas prices are cheap compared to the rest of the world. Also, a large majority of the lenders for US home mortgages were NOT American.
                                                                                                                                              More flagface bs - and a load of irrelevant crap

                                                                                                                                              Don't worry about the rest of the world on oil - they have a balanced economy and buying oil from a stronger currency. What has the retail price of gas got to do with oil markets at $98/barrel??? Some countries actually tax gas and get revenues - try it sometime - along with the balanced economy!

                                                                                                                                              And - no, "the majority" of the US home mortgage lenders are American, - you think they were Icelandic? But, dream on

                                                                                                                                                Comment

                                                                                                                                                • GreyWolf
                                                                                                                                                  So Fucking Banned
                                                                                                                                                  • Jun 2007
                                                                                                                                                  • 2036
                                                                                                                                                  #37
                                                                                                                                                  Originally posted by Jesus H Christ
                                                                                                                                                  Webby.. whatever you have to tell yourself to get through the day.. I bet deep down inside you want to be an American.
                                                                                                                                                  More proof you are a total flagface retard with nothing to offer - other than pretend black is white??? It's a common habit with flagfaces - they all ooze hatred and whine about "American haters", but still remain clueless - ironic and sad.

                                                                                                                                                  Sure... it's always been a dream to be an "American" and live near retards like you

                                                                                                                                                    Comment

                                                                                                                                                    • GreyWolf
                                                                                                                                                      So Fucking Banned
                                                                                                                                                      • Jun 2007
                                                                                                                                                      • 2036
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by Jesus H Christ
                                                                                                                                                      Webby. you're the only one oozing hatred for Americans. Just think..what another month and you'll have a new nic because of your brilliance?
                                                                                                                                                      Feeling insecure that you need to keep trying to defend something flagface - why is that???

                                                                                                                                                      I despise total trash who cannot even get their heads around basic facts and try to deny their existance then construct fantasies in an effort to defend something - it's common with the brain dead and the dumbed down species.

                                                                                                                                                      All these "facts" you just spewed out as a defence - not one of them is true. The typical charicature of the Dumb American - totally ignorant. Sheesh you are impressive Ever thought of becoming an economist?? *lol*

                                                                                                                                                      Don't get your frilly panties in a flagface twist over nicks or my brillance
                                                                                                                                                      Last edited by GreyWolf; 11-07-2007, 02:48 AM.

                                                                                                                                                        Comment

                                                                                                                                                        • GreyWolf
                                                                                                                                                          So Fucking Banned
                                                                                                                                                          • Jun 2007
                                                                                                                                                          • 2036
                                                                                                                                                          #39
                                                                                                                                                          Fine - so you decided not to ooze your hatred of others now, have you??

                                                                                                                                                          BTW - Oil is still at $98 - pity that upset you



                                                                                                                                                          PS I'll let you know when it reaches $100 and you can spew more crap
                                                                                                                                                          Last edited by GreyWolf; 11-07-2007, 02:55 AM.

                                                                                                                                                            Comment

                                                                                                                                                            • GreyWolf
                                                                                                                                                              So Fucking Banned
                                                                                                                                                              • Jun 2007
                                                                                                                                                              • 2036
                                                                                                                                                              #40
                                                                                                                                                              Originally posted by Jesus H Christ
                                                                                                                                                              please the reason I posted had nothing to do with oil prices. Tool. got to go.
                                                                                                                                                              Of course it didn't - you just needed to play the keyboard warrior and defend - I understand the disease only too well

                                                                                                                                                                Comment

                                                                                                                                                                • DamageX
                                                                                                                                                                  Marketing & Strategy
                                                                                                                                                                  • Jun 2001
                                                                                                                                                                  • 14293
                                                                                                                                                                  #41
                                                                                                                                                                  Originally posted by thonglife
                                                                                                                                                                  Move to China.
                                                                                                                                                                  No need to, China will move to you instead. Start taking Chinese lessons.
                                                                                                                                                                  Whitehat is for chumps

                                                                                                                                                                  If you don't do it, somebody else will - true story!

                                                                                                                                                                    Comment

                                                                                                                                                                    • RegUser
                                                                                                                                                                      Confirmed User
                                                                                                                                                                      • Nov 2004
                                                                                                                                                                      • 1472
                                                                                                                                                                      #42
                                                                                                                                                                      Originally posted by DamageX
                                                                                                                                                                      No need to, China will move to you instead. Start taking Chinese lessons.
                                                                                                                                                                      i agree
                                                                                                                                                                      by the time this forthcoming recession is over, there will major changes in the world

                                                                                                                                                                        Comment

                                                                                                                                                                        • scottybuzz
                                                                                                                                                                          Too lazy to set a custom title
                                                                                                                                                                          • May 2006
                                                                                                                                                                          • 14799
                                                                                                                                                                          #43
                                                                                                                                                                          Originally posted by woj
                                                                                                                                                                          if it does goes down it will drag the whole world with it... doesn't matter if you are from canada or europe or china or if you invest in gold or real estate or art or whatever else people invest in, if the titanic goes down, the whole world economy will sink with it...
                                                                                                                                                                          simple but crucial point
                                                                                                                                                                          $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

                                                                                                                                                                            Comment

                                                                                                                                                                            • ffmihai
                                                                                                                                                                              keep walking...
                                                                                                                                                                              • Jun 2002
                                                                                                                                                                              • 7177
                                                                                                                                                                              #44
                                                                                                                                                                              when are the next elections in USA?

                                                                                                                                                                                Comment

                                                                                                                                                                                • Snake Doctor
                                                                                                                                                                                  I'm Lenny2 Bitch
                                                                                                                                                                                  • Mar 2001
                                                                                                                                                                                  • 13449
                                                                                                                                                                                  #45
                                                                                                                                                                                  Originally posted by teomaxxx
                                                                                                                                                                                  yes, they constantly changed the way how the stats are counted and thats a proof.
                                                                                                                                                                                  eg. latest job report:

                                                                                                                                                                                  "The U.S. October employment report came better than expected. But the details of this report are much weaker than the headline figure of 166K non-farm jobs created in October.

                                                                                                                                                                                  First, the establishment survey says that 166K jobs were created in October. But the household survey says that 250K jobs were lost in October. Which survey is more correct? In years when the economy was growing rapidly (2004 to mid 2006) the household survey was showing faster growth than the establishment survey. Indeed at that time supply-side commentators used to write every other month (in the op-ed page of the WSJ and other media outlets) that the household survey was a much better measure of the employment situation as the establishment survey did not fully reflect self-employment and new smaller businesses. But whether one survey or the other is a better proxy of the true state of the labor market depends on when you are in the business cycle. When the economy is growing fast ? as in 2004-2006 - the household survey may overestimate job creation; when the economy is slowing down ? like now - the establishment survey may overestimate job creation and the household survey may be a better measure. So today the household survey tells us that 250K jobs were lost in October."

                                                                                                                                                                                  from:
                                                                                                                                                                                  http://www.rgemonitor.com/blog/roubini/
                                                                                                                                                                                  Ok now you're on ignore along with Grey Wolf.

                                                                                                                                                                                  You're like a fucking broken record.

                                                                                                                                                                                  You're right dude, everyone in the US is broke and unemployed. None of us really have jobs the government just makes up reports saying that we do so they can borrow money from foreign countries.
                                                                                                                                                                                  sig too big

                                                                                                                                                                                    Comment

                                                                                                                                                                                    • GreyWolf
                                                                                                                                                                                      So Fucking Banned
                                                                                                                                                                                      • Jun 2007
                                                                                                                                                                                      • 2036
                                                                                                                                                                                      #46
                                                                                                                                                                                      teomaxxx:

                                                                                                                                                                                      Congrats man Would it be nice if the other few trolls put us on ignore as well? At least threads might not be clogged up with stupid nonsense and irrelevant flagface bs

                                                                                                                                                                                        Comment

                                                                                                                                                                                        • Shakula
                                                                                                                                                                                          So Fucking Banned
                                                                                                                                                                                          • Nov 2006
                                                                                                                                                                                          • 948
                                                                                                                                                                                          #47
                                                                                                                                                                                          Originally posted by woj
                                                                                                                                                                                          if it does goes down it will drag the whole world with it... doesn't matter if you are from canada or europe or china or if you invest in gold or real estate or art or whatever else people invest in, if the titanic goes down, the whole world economy will sink with it...
                                                                                                                                                                                          Not correct. Not to long ago, the UK was the financial economy on this planet.
                                                                                                                                                                                          Then the US took over with time and now it seems to move to China.

                                                                                                                                                                                            Comment

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