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Need a Hand?
Your Next Project Starts with Brownstoner
quote:
“Hiya Slaves!”
you are seriously one demented freak.
*rob*
OH, and BTW, if you can’t distinguish between a real economist and someone hawking his book on CNBC you’re pretty patheic.
Hiya What, you dumbass. Here’s your last post from that thread yesterday….
This is the best PWNING ever on Brownstoner!!!!!!!!!!!!
Whuh The What blows before you! Job well done and guess what?!
Day Trader In Bed Stuy had no answer… Today Dave got his ass kicked!
The What
Someday this war is gonna end…
Posted by: Return of The What at July 1, 2009 8:11 PM
Ummmm, I mean we all know you blow but please, not in front of anyone.
As Snark later posted, “One of the best self PWNING ever.”
Randi, I didn’t even know PP was doing fireworks…I’m a bit out of the loop.
Rob, LOL!
Hiya Slaves! What’s happing? The beginning of the end…
http://www.cnbc.com/id/31706523
We’re in the Middle of a Crash’: Black Swan
By: CNBC.com | 02 Jul 2009 | 08:55 AM ET
http://www.cnbc.com/id/31706523
The financial system is crashing and action must be taken by the US government to convert debt into equity to produce a more stable environment, Nassim Taleb, author of “The Black Swan,” told CNBC Thursday.
“You may have green shoots, whatever you want to call them, you may have temporary relief, but you are still in a world that’s breaking,” Taleb said on “Squawk Box.”
Anything that’s fragile like the financial system will eventually crash, he said. “We’re in the middle of a crash,” Taleb said. “So if I’m going to forecast something, it is that it’s going to get worse, not better.”
The government needs to deleverage debt and not try stimulus packages that will inflate assets, he said. “What makes me very pessimistic in not seeing any leadership or awareness on parts of government on what has to be done, which is deleverage $40-to-$70 trillion,” Taleb said.
“The monkey on our back is debt,” he added.
As an example, Taleb said banks should not be sending demands for larger and larger sums from homeowner in arrears on their mortgage. Instead the bank should offer to lower the monthly payments in return for part-ownership of the property. “People would be able to start from scratch on a healthy basis. You don’t want to wait for foreclosure,” he said.
Nassim Taleb, principal of Universa Investments and author
of ‘The Black Swan,’ shares his outlook on the economy.
The funny thing yesterday Day Trader in Bed Stuy got his Ass kicked and everyone is starting see what a fool this Assnut is. That was beautiful!
The What
Someday this war is gonna end….
quote:
Why are you looking for a job?
“Cigarettes are getting more expensive, so I need another job.”
who the HELL was evesdropping in on my starbucks interview!?
*rob*
are the prospect park fireworks still happening on saturday?
Yeah 11217 – it was alot of fun. I didn’t hit any bars in the slope as the flask and blunts at the show did the trick.
i’ll definitely be visiting the neighborhood more once the G starts running down there though.
May the force be with you, Arkady!