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The curent economic situation in the USSA
Posted: August 8th, 2010, 7:23 am
by pritchet1
Dr. Housing Bubble always has great statistics;
http://www.doctorhousingbubble.com/
Re: The curent economic situation in the USSA
Posted: August 8th, 2010, 10:10 am
by haddomr
Thanks for the update. With the stock market going up, it seems that all is well. How long can they keep the charade going that all is well?
Re: The curent economic situation in the USSA
Posted: August 8th, 2010, 1:52 pm
by pritchet1
The stock market is a sucker bet. They will pretend it is going up as long as there are those who have discretionary income that can be spent on the stock market.
That said, if I had listened to myself, I could have got my bills paid just by buying Apple Corop a few yeasrs ago. I didn't have it then and I certainly do not have it now.

Re: The curent economic situation in the USSA
Posted: August 8th, 2010, 3:49 pm
by Original_Intent
My guess on the stock market is it will increase sporadically until after the election. I believe we will top 12K DJIA. After the election, all bets are off - again my personal guess is a pretty sharp collapse post election.
I'm no financial guru, take it with a grain of salt. That's just my guess based on politics.
Re: The curent economic situation in the USSA
Posted: August 8th, 2010, 10:05 pm
by kathyn
Obama and the mainstream media are telling us that the country is in recovery, that the stimulus packages and bailouts are working and all is well. How come we're not hearing the truth from anyone mainstream. Can they really be that deluded? I am seeing people heaving a sigh of relief that we're past the worst of it. It makes me suspect that even many Saints think all is well in Zion and that we don't really need to work on our preparations quite yet. I see a great gulf between Saints who are feverishly preparing and those who think life is going on as usual. What makes the difference?
Re: The curent economic situation in the USSA
Posted: August 9th, 2010, 11:09 am
by Jason
haddomr wrote:Thanks for the update. With the stock market going up, it seems that all is well. How long can they keep the charade going that all is well?
As long as the printing press holds out.....and that's good until they loose the ability to enforce its use....or the use of its proceeds.....
so I'd venture that we have awhile and best be patient and play the game at hand....fwiw