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(CNBC)   As U.S. GDP is revised downwards, companies re-price assets downward, and the credit market dries up, CNBC would like you to listen to analysts who think now is the best time to buy. Because, as the Gold Suits say, "It can only go up."   (cnbc.com) divider line 17
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500 clicks; posted to Business » on 26 Aug 2007 at 4:16 AM (7 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



17 Comments   (+0 »)
   

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2007-08-26 01:15:00 AM
I would say, dust off you inflation plans....Fed has to stop fighting inflation to keep things running. The printing presses at the mint are going to have to start working nights.
 
2007-08-26 01:40:29 AM
arkansas: I would say, dust off you inflation plans....Fed has to stop fighting inflation to keep things running.

If they do that, they will cause inflation. BRILLIANT!
 
2007-08-26 01:43:52 AM
I don't think we'll have another 1929, but there definitely is a perfect storm of economic shiat heading our way.
 
2007-08-26 01:56:19 AM
Poppycock! Those vile rogues are far too pedestrian to understand the complexity of this new industrial economic condition! Bully!

*monocle*
 
2007-08-26 08:38:53 AM
Yeah, those talking heads on CNBC are full of it. I don't believe a damned thing until I hear it on Fark. Better if it's in a headline. A green-lit headline? That's the Gospel, dudes and dudettes.
 
2007-08-26 09:28:34 AM
As a chronic saver this really upsets me.

Ugh. I guess buy gold.
 
2007-08-26 09:36:31 AM
CNBC is as bad a Fox.

Kudlow == Coulter
 
2007-08-26 10:07:44 AM
"Fed has to stop fighting inflation to keep things running. The printing presses at the mint are going to have to start working nights."

So how much can they inflate before it starts destroying the dollar as a world reserve currency? ANd how much does that tie into the plans to attack Iran, whos starting to take euros for oil?
 
2007-08-26 10:32:50 AM
As an economist myself, I personally believe the U.S. Americans are unable to do so because, uh, some, uh...people out there in our nation don't have maps, and, uh, I believe that our education like such as South Africa and, uh, the Iraq everywhere like, such as and...I believe that they should, our education over here in the U.S. should help the U.S., err, uh, should help South Africa and should help the Iraq and the Asian countries, so we will be able to build up our future for our...
 
2007-08-26 02:40:31 PM
badhat_harry: As an economist myself, I personally believe the U.S. Americans are unable to do so because, uh, some, uh...people out there in our nation don't have maps, and, uh, I believe that our education like such as South Africa and, uh, the Iraq everywhere like, such as and...I believe that they should, our education over here in the U.S. should help the U.S., err, uh, should help South Africa and should help the Iraq and the Asian countries, so we will be able to build up our future for our...

I see people posting this quote a lot. She actually didn't just trail off at the end, if you listen to the audio, she ends with "for our children", with "children" being very quiet but audible.
 
2007-08-26 02:57:47 PM
So ... should I start eating dog food now, just to get used to the flavor?
 
2007-08-26 03:31:23 PM
arkansas: ....Fed has to stop fighting inflation to keep things running. The printing presses at the mint are going to have to start working nights.

FAIL.
 
2007-08-26 09:24:35 PM
I always put all my trust in financial sucmbags.
 
2007-08-27 12:21:37 AM
Actually, we want to inflate our currency for right now.
 
2007-08-27 12:46:30 AM
for right now!
for right now!
for right now!

Sing it with me

for right now!
for right now!
for right now!
 
2007-08-27 02:02:01 AM
keiverarrow: Actually, we want to inflate our currency for right now.

Yeah, let's inflate it some more. Maybe we can get it to be worth half a canadian dollar by 2010.
 
2007-08-27 03:50:02 AM
TheCid: keiverarrow: Actually, we want to inflate our currency for right now.

Yeah, let's inflate it some more. Maybe we can get it to be worth half a canadian dollar by 2010.


God I hope so, I get paid in Euros and my student loans are in dollars.
 
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