Dave how about this- Why don’t we give ourselves a break today? I think fight back and forth is very tiresome. At this point we are staring over the chasm and very soon we will see a violent collapse in the Mutant Asset Bubble.
At the height of the Japanese bubble the Emperor’s Palace was the most expensive place on earth. Japan’s economy crashed and the land valuations never came back to equilibrium. If you brought property in Japan in 1990 today you are STILL under water. This a known fact! 19 years of negative prices have totally destroyed Japan and I’m afraid the same thing will happen here but it will be more violent and painful.
IMF Sees Stronger Global Rebound From ’09 Recession
July 8 (Bloomberg) — The International Monetary Fund said the global economic rebound next year will be stronger than it forecast in April as the financial system stabilizes and the pace of contractions from the U.S. to Japan moderates.
The Washington-based lender said in a revised forecast
released today that the world economy will expand 2.5 percent in 2010, compared with its April projection of 1.9 percent growth. A contraction this year will be 1.4 percent, worse than an April forecast for a 1.3 percent drop, the IMF said.
That would mean the recession ends in the fourth quarter. There is no depression, DUMBASS.
How about instead you address some of the facts that I’ve shown you??? The IMF data.
There won’t be any collapse because the data is now pointing to a recovery.
How about once in awhile you not act like such a jerk and respond to the discussion at hand instead of introducing additional non supported crap.
This is not japan and the response has been completely different. Your cut and paste economics reveals you as the not-so-know-it-all that you are.
Give up.
Dave how about this- Why don’t we give ourselves a break today? I think fight back and forth is very tiresome. At this point we are staring over the chasm and very soon we will see a violent collapse in the Mutant Asset Bubble.
The What
Someday this war is gonna end…
bxgirl, don’t bother, another in an endless series of squabbles between the What and the other plusas. It’s hopeless.
At the height of the Japanese bubble the Emperor’s Palace was the most expensive place on earth. Japan’s economy crashed and the land valuations never came back to equilibrium. If you brought property in Japan in 1990 today you are STILL under water. This a known fact! 19 years of negative prices have totally destroyed Japan and I’m afraid the same thing will happen here but it will be more violent and painful.
The What
Someday this war is gonna end…
Big Cats and kitties- see Montrose’s latest post, snappy and Arkady. (THL???) The photos are grrrrrreat! (apologies- couldn’t help it)
Hey What….
IMF Sees Stronger Global Rebound From ’09 Recession
July 8 (Bloomberg) — The International Monetary Fund said the global economic rebound next year will be stronger than it forecast in April as the financial system stabilizes and the pace of contractions from the U.S. to Japan moderates.
The Washington-based lender said in a revised forecast
released today that the world economy will expand 2.5 percent in 2010, compared with its April projection of 1.9 percent growth. A contraction this year will be 1.4 percent, worse than an April forecast for a 1.3 percent drop, the IMF said.
That would mean the recession ends in the fourth quarter. There is no depression, DUMBASS.
Did I miss some posts where a genius came up with some solutions to avoid this impending doom?
“We are in a Depression and the earliest estimates is 2023, yep you read that right 2023!”
OK, WHAT……Where the hell did you pull that number from and what is it the earliest estimate of?????
You have lost ALL credibility my friend.
ROTFLMMFAO