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Your Next Project Starts with Brownstoner
Hoboken…Are you a Jared Dillian subscriber???
Straddle Gold baby. Gold is near a breakout point. I would say it has yet to take that dirtnap…
“BHO–So you believe the recession will outlast Obama, potentially 8 years?”
Yup, similar to Japan’s lost decade (or quarter century according to some folks). But I hope I’m wrong.
***Bid half off peak comps***
“BHO…you apparently haven’t seen the recent trade deficit numbers. It has narrowed dramatically.”
WASHINGTON (AP) — Treasury Secretary-designate Timothy Geithner says President Barack Obama believes China is “manipulating” its currency, a declaration that American manufacturers have long sought in their efforts to combat America’s soaring [SOARING] trade deficit with China.
More at yahoo.finance…
PWNED!
“What war is this BHO? I honestly have never been able to discern.”
Covert race war I guess, I don’t know. That’s why I went on, “Seriously, though…”.
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im going to kill someone today. it’s like 5000 degrees in my office
*rob*
BHO–So you believe the recession will outlast Obama, potentially 8 years? That is a deeper longer event than I have seen predicted. I obviously understand the problem of our debt to China and how that could cause a conflict, but China would need to be pretty delusional to think that they could take us out and not suffer a series of unintended consequences.
“it was the war that ‘The What’ predicts will someday end” What war is this BHO? I honestly have never been able to discern.
BHO…you apparently haven’t seen the recent trade deficit numbers. It has narrowed dramatically.
On a lighter note, there’s a love fest going on in the Six months later thread with Miss Muffett.
‘I just told him over in the Six Months later thread that he better watch out because I had a pin.’
[Cobblehiller is running to Bed Sty to raid Dave’s sewing kit and remove all pins from his cushion]
“BHO–what is your reason for worrying about war with China?”
Trade deficit conflict. It took a war to bring us out of the Great Depression. I don’t think it would happen under Obama, though. I think this recession/depression will outlive his term(s).
“But a war with Iraq got us into one. Where’s the logic?”
It wasn’t the war with Iraq (just a contribution to the defecit), it was the war that ‘The What’ predicts will someday end that got us into this recession. Seriously though, it is the inevitable unraveling/deleveraging of the global Ponzi/Madoff expansion of the last 20 years that got us into this recession. This recession is a take-back. The economic fundamentals are naturally taking back what was unsustainable. Consumption without production.
***Bid half off peak comps***