Remember when Alan Greenspan said the housing bust may cause the economy... - GoFuckYourself.com

Biggy · 08-09-2007, 07:59 PM

to possibly go into a recession earlier in the year..

http://www.usatoday.com/money/econom...reenspan_x.htm

A lot of people said he didn't know what he was talking about. Maybe he wasn't so far off the mark.

SomeCreep · 08-09-2007, 08:19 PM

Quote:

Originally Posted by Biggy

to possibly go into a recession earlier in the year..

http://www.usatoday.com/money/econom...reenspan_x.htm

A lot of people said he didn't know what he was talking about. Maybe he wasn't so far off the mark.

Eh, Greenspan is a total bear. He always makes things seem worse than they are. Subprime slime is bad, but not so bad when you consider Bernanke hasnt helped out with any kind of rate cut yet. The Dow is still up around 7% YTD. I think this market correction is healthy.

DatingGold · 08-09-2007, 08:20 PM

I think pretty much anyone with some business or financial sense knew that was true.

Those same people avoided the short 1-5 years adjustables.

V_RocKs · 08-09-2007, 08:49 PM

I like recession.

08-09-2007, 08:53 PM

Biggy, stick to making me money with your programs...You have not been in college for sometime now. Dustoff your fancy finance degree and remember when you retire in a few years it was ONLINE PORN.

Like somecreep said, Greenspan was always a BEAR on the economy

08-09-2007, 07:59 PM	#1
Biggy Confirmed User Join Date: Jul 2001 Posts: 1,595	Remember when Alan Greenspan said the housing bust may cause the economy... to possibly go into a recession earlier in the year.. http://www.usatoday.com/money/econom...reenspan_x.htm A lot of people said he didn't know what he was talking about. Maybe he wasn't so far off the mark.

08-09-2007, 08:20 PM	#3
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	I think pretty much anyone with some business or financial sense knew that was true. Those same people avoided the short 1-5 years adjustables. __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303

08-09-2007, 08:49 PM	#4
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,422	I like recession.

08-09-2007, 08:53 PM	#5
LilBro Guest Posts: n/a	Biggy, stick to making me money with your programs...You have not been in college for sometime now. Dustoff your fancy finance degree and remember when you retire in a few years it was ONLINE PORN. Like somecreep said, Greenspan was always a BEAR on the economy