How Bad Could It Get?
“Mr. [John Tepper] Marlin (former Chief Economist for the City Comptroller’s Office) expects that there will be more defaults on buildings as condominium and co-op owners fail to pay their common charges, and also more sales of foreclosed properties. Rents will continue to dip. There will be longer lines at the grocery store, because fewer…
“Mr. [John Tepper] Marlin (former Chief Economist for the City Comptroller’s Office) expects that there will be more defaults on buildings as condominium and co-op owners fail to pay their common charges, and also more sales of foreclosed properties. Rents will continue to dip. There will be longer lines at the grocery store, because fewer people will eat out. And he worries about unrest, citing hard-hit Iceland as a recent example. I’m concerned about people being so desperate that they lose the fear of losing their own lives and they become so desperate that they’re willing to endanger other people’s lives, he said.” — NY Times
“dibs you’re still you’re speculative ghetto investment?”
cornholedinthebodega….what the hell does that mean????
“dibs you’re still you’re speculative ghetto investment?”
cornholedinthebodega….what the hell does that mean????
Russian Stocks Tumble as Economic Outlook Worsens, Oil Declines
http://www.bloomberg.com/apps/news?pid=20601087&sid=avr8z3GafvpM&refer=home
Feb. 17 (Bloomberg) — Russian stocks fell the most in three months, triggering trading halts in the two largest bourses, as the country cut its economic forecast and oil prices declined.
We are in RED ALERT!!!!!
Hey BHO have you noticed that Dave is M.I.A and I don’t mean “Paper Planes” missing!
Right now his Hedge Fund got caught Offsides in some big assed trade and trying to liquidate their positions right now but this Asshead will come back and say “every thing is OK”, NOT!!!
Oh where are the other Asshats at??? Where are you???!!!! I got a I-Beam waiting for you and I smell napalm!!!!
The What (Obama buy me a pony)
Someday this war is gonna end…
“Dave is very busy now!”
ROTFLMMAO!!!
“This Asshead was shorting the Ten Year Treasuries and got caught offsides!!!”
ROTFLMMAO!!!
***Bid half off peak comps***
“…but the hand of central bank intervention will whack that DJIA back up to near 8,000 come 3:59pm. Guaranteed.”
Russia halted the stock exchange and everything else is on Meltdown alert!
Dave is very busy now! This Asshead was shorting the Ten Year Treasuries and got caught offsides!!! Plus plenty of trades are Blowing up in people faces and they have to scramble to get out!
The What (Taste the Rainbow)
Someday this war is gonna end…
…but the hand of central bank intervention will whack that DJIA back up to near 8,000 come 3:59pm. Guaranteed.
***Bid half off peak comps***
You are in denial if you don’t think this is going to get desperate. What don’t you understand about bank solvency? You may have been on vacation yesterday but Japan wasn’t. So while you are all arguing about what neighborhood is better this is going to crash in a big way.
“The media loves to put a spin on things and pump fear into the public.”
That’s only after we’ve reached bottom. On the way to the bottom, or through the overshoot, they notoriously lag behind reality.
***Bid half off peak comps***
“How Bad Could It Get?”
If you have to keep asking…
“There will be longer lines at the grocery store, because fewer people will eat out.”
That trek to Fairway is worth it.
“And he worries about unrest, citing hard-hit Iceland as a recent example.”
But people will still prefer Brooklyn over Manhattan. RRRRRRRRIIIIIIIIGGGHHHT!!! (curtesy of The What).
“The funny thing about this event was it was not on CNBC or Bloomberg and that’s very scary!”
Sure wasn’t. I was all over them during breakfast. Just a mention of futures “not looking good”. Sneaky.
“Whatever your worse case scenarios are, it’ll be worse.”
Things are always worse than what they seem in a bear market. Nice job herding the sheep, main stream media (CNBC and the like).
Maplewood was right. I am optimistic. DOW and SP now respectively flirting with 7,000 and 700. Ongoing fraud revelations, now Stanford Cos.
But nevermind, homeshoppers. Buy that 1,000 SF 2BR/2BA for $1/2 mil and 15′ wide brownstone caboose in Clinton Hill for $1M+. You can’t loose.
***Sign contract for twice peak comps with no contingencies***