 |
What if they gave a Depression and nobody came?
03-13-2009, 01:01 PM
|
#1
|
|
Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
|
What if they gave a Depression and nobody came?
I thought that was a clever topic but I'm not exactly sure where to go with it. 
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
03-13-2009, 01:22 PM
|
#2
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
What depression? It's Friday and I'm finally seeing some green numbers in my portfolio for the week. I'm not depressed at the moment. 
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
|
|
03-13-2009, 01:34 PM
|
#3
|
|
Recycles dryer sheets
Join Date: Nov 2005
Posts: 331
|
Give the treasury printing presses time, they have to cool off a bit. But once they print up enough dough to pay off the "boys", Goldman, Citi, BAC, and their derivative counter parts and books are rebalanced by the presses, then it will be business as usual, depression will be over, and we simply put it all on the "tab"
Jug
|
|
|
|
then it will be business as usual
|
03-13-2009, 02:05 PM
|
#4
|
|
Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
|
then it will be business as usual
 Quote:
Originally Posted by jug
Give the treasury printing presses time, they have to cool off a bit. But once they print up enough dough to pay off the "boys", Goldman, Citi, BAC, and their derivative counter parts and books are rebalanced by the presses, then it will be business as usual, depression will be over, and we simply put it all on the "tab"
Jug
|
Is that a good thing? I thought that is how we got where we are now!
|
|
|
|
|
03-13-2009, 02:09 PM
|
#5
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,037
|
What if they gave a Depression and nobody came?
Then they get to eat all the chips and dips and drink all the booze themselves. 
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
|
|
|
|
|
03-13-2009, 02:09 PM
|
#6
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
Quote:
Originally Posted by Hal3
Is that a good thing? I thought that is how we got where we are now!
|
It's a good thing if they reinflate the bubble long enough for me to recover some of my stock losses and then bail out...
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
|
|
03-13-2009, 03:20 PM
|
#7
|
|
Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
|
Interesting point. How far up would it have to go before you "bail"?
Everyone will be torn between "bailing" and getting some of the money back and possibly getting even more money if the trend continues.
Is there no end to suffering?
|
|
|
|
|
03-13-2009, 04:42 PM
|
#8
|
|
Recycles dryer sheets
Join Date: Nov 2005
Posts: 331
|
Quote:
Originally Posted by ziggy29
It's a good thing if they reinflate the bubble long enough for me to recover some of my stock losses and then bail out...
|
Hey, we've been working with imaginary money for years, we just have to re-charge and use our imaginations again. If not, then we legalize marijuana, keep the country stoned, and re-enhance our imaginations.
Keep the tab flowing, let the grandkids drag us out of the bar. Yeeeeeee hawwwww
jug 
|
|
|
|
|
03-13-2009, 07:59 PM
|
#9
|
|
Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
|
Or we could just move to a fresh continent and start over again.
Hey, wait, we're out of continents.
Now what?
|
|
|
|
|
03-13-2009, 08:06 PM
|
#10
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2007
Posts: 2,487
|
Well, there is one left with very few people. You might wanna try that one. I hear it gets reeaaallly cold there, so take a sweater.
R
__________________
Find Joy in the Journey...
|
|
|
|
|
03-13-2009, 08:07 PM
|
#11
|
|
Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
|
Arguably, NOTHING HAS CHANGED, except the perceived value of some complex Wall Street paper.
There has been no war. No new war, anyway.
No drought.
No plague.
Everything is basically the same.
This whole financial crisis is an illusion.
Just put all the numbers back where they were.
I think it might work.
SImple.
Just put all the numbers back where they were!
Why didn't I think of that? Oh. I did.
Call Obama or Geithner or somebody!
Just put all the numbers back where they were!
|
|
|
|
|
03-13-2009, 08:08 PM
|
#12
|
|
Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
|
Pray for global warming!
Quote:
Originally Posted by Rambler
Well, there is one left with very few people. You might wanna try that one. I hear it gets reeaaallly cold there, so take a sweater.
R
|
Pray for global warming!
|
|
|
|
|
03-16-2009, 04:52 PM
|
#13
|
|
Full time employment: Posting here.
Join Date: Feb 2007
Posts: 741
|
All I know is that every time Obama speaks... the stock market plummets. At this point I do not care if we agree or disagree with his policies... just kindly Mr. Obama be quiet!!! Seriously... the market was up 100 points today and then plummented right after... That is the pattern I am seeing emerge. Does not even seem to matter what he is talking about either...
|
|
|
|
|
03-17-2009, 06:36 PM
|
#14
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
|
Quote:
Originally Posted by armor99
All I know is that every time Obama speaks... the stock market plummets. At this point I do not care if we agree or disagree with his policies... just kindly Mr. Obama be quiet!!! Seriously... the market was up 100 points today and then plummented right after... That is the pattern I am seeing emerge. Does not even seem to matter what he is talking about either...
|
?Who cares? We won. Whoopee! Now it's my turn to razz my Sister.
Given that the fine financial types who caused the mess did not plan the blow up - they wanted wealth and success - then the idea that one or both sides or all government combined has a magic formula to fix it strikes me as a stretch.
Smile - exude confidence - throw a lot of stuff against wall hoping to get something to stick. Cross your fingers when nobody's looking and silently pray a lot.
More than that - you have more confidence in the branches of government than I do.
heh heh heh - And I'm an optimist. But the ole Norwegian widow is watching her pssst - Wellesleys.  .
|
|
|
|
All I know is that every time Obama speaks..
|
03-18-2009, 06:35 AM
|
#15
|
|
Recycles dryer sheets
Join Date: Jun 2008
Posts: 184
|
All I know is that every time Obama speaks..
Quote:
Originally Posted by armor99
All I know is that every time Obama speaks... the stock market plummets.
|
That should give us some insight about "the market".
My copy of "Security Analysis - Sixth Edition" By Benjamin Graham, et al. arrived from Amazon yesterday. It is an imposing tome but so many experts regard it highly that I thought I should at least put it on my toilet tank for a while. Anyway ... if the market (total value of lot's of securities) depends on whether or not the president speaks ... well ... why bother to analyze securities or even read about how this might be accomplished? 
|
|
|
|
|
03-21-2009, 05:39 PM
|
#16
|
|
Recycles dryer sheets
Join Date: Dec 2006
Posts: 293
|
Quote:
Originally Posted by Hal3
Interesting point. How far up would it have to go before you "bail"?
Everyone will be torn between "bailing" and getting some of the money back and possibly getting even more money if the trend continues.
|
I hope to get some of the money back. Retirement, early or otherwise, is pretty much out of the question unless I do. Granted, it's my own fault for having too much in equities at 50 years of age, but I still need to make some of the money back (soon, please).
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
