Who Killed The Economy?

HFWR · 07-07-2008, 10:41 AM

A little good, clean fun...

Who Killed the Economy? - Portfolio.com

Business Interactive Features - Diagrams - Illustrations - Portfolio.com

Winner and still champion: Al Greenspan

CitricAcid · 07-07-2008, 11:02 AM

I do not entirely hate the Fed like many of the Austrians out there, but it was a very tough call on the left side of the bracket in between the Realtors and Bernanke. I ended up going with the Realtors, pushing off real estate as above and beyond the market and an ungodly investment that will produce incredible investment returns with no risk time after time after time. Leverage yourself as far as you can, interest rates are low and will stay low, interest-only loans, take an HELOC, a 3/1 ARM, all the speculative frenzy was started and fueled by the intentions of the Realtors. Or, that's how I feel about it.

ladelfina · 07-07-2008, 11:08 AM

CA, realtors are only cogs.

There are incredibile -I would dare to say 'natural'- forces driving the expansion of credit into exponentially larger and unregulated realms. The realtors, mtg. brokers, the home buyers, and even the US government are just sucked into the updraft of this.

==
Thanks for the link HFWR; that was fun. I came up with Hedge Funds vs. Greenspan, with the winnah: Hedge Funds!

CitricAcid · 07-08-2008, 10:56 AM

Quote:

Originally Posted by ladelfina

CA, realtors are only cogs.

There are incredibile -I would dare to say 'natural'- forces driving the expansion of credit into exponentially larger and unregulated realms. The realtors, mtg. brokers, the home buyers, and even the US government are just sucked into the updraft of this.

==
Thanks for the link HFWR; that was fun. I came up with Hedge Funds vs. Greenspan, with the winnah: Hedge Funds!

So... who did you have as the cause of this? Based off your earlier posts, I would have to guess you went with Bernanke or Greenspan?

ladelfina · 07-08-2008, 11:43 AM

Quote:

I came up with Hedge Funds vs. Greenspan, with the winnah: Hedge Funds!

read my Lifting of the Veil thread; this is systemic and not the direct fault of any one entity. I have more, but I don't know if you guys are ready for it...

Independent · 07-09-2008, 11:59 AM

Quote:

Originally Posted by ladelfina

read my Lifting of the Veil thread; this is systemic and not the direct fault of any one entity. I have more, but I don't know if you guys are ready for it...

I read the "Lifting the Veil" thread and asked a simple clarifying question. Did you miss it?

07-07-2008, 10:41 AM	#1
HFWR Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: May 2005 Location: DFW Posts: 5,406	Who Killed The Economy? A little good, clean fun... Who Killed the Economy? - Portfolio.com Business Interactive Features - Diagrams - Illustrations - Portfolio.com Winner and still champion: Al Greenspan __________________ Have Funds, Will Retire Two turntables and a microphone...

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07-07-2008, 11:02 AM	#2
CitricAcid Full time employment: Posting here. Join Date: May 2008 Posts: 546	I do not entirely hate the Fed like many of the Austrians out there, but it was a very tough call on the left side of the bracket in between the Realtors and Bernanke. I ended up going with the Realtors, pushing off real estate as above and beyond the market and an ungodly investment that will produce incredible investment returns with no risk time after time after time. Leverage yourself as far as you can, interest rates are low and will stay low, interest-only loans, take an HELOC, a 3/1 ARM, all the speculative frenzy was started and fueled by the intentions of the Realtors. Or, that's how I feel about it.

07-07-2008, 11:08 AM	#3
ladelfina Thinks s/he gets paid by the post Join Date: Oct 2005 Posts: 2,648	CA, realtors are only cogs. There are incredibile -I would dare to say 'natural'- forces driving the expansion of credit into exponentially larger and unregulated realms. The realtors, mtg. brokers, the home buyers, and even the US government are just sucked into the updraft of this. == Thanks for the link HFWR; that was fun. I came up with Hedge Funds vs. Greenspan, with the winnah: Hedge Funds!

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