Thread: Economics Sundown at the Permabear Alamo
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Old 12-19-2013, 05:58 AM   #5
jaa1025 jaa1025 is offline
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Join Date: Nov 2006
Casino cash: $6325
Quote:
Originally Posted by Race Card native View Post
http://www.thereformedbroker.com/201...rmabear-alamo/
I sure hope the US stock market pauses or corrects soon – because otherwise it’s going to be a complete and total permabear massacre.

China is stabilizing. Europe is growing – peripheral Europe is growing! Japan is percolating. US manufacturing is back above pre-recession levels and household net worth is too. American politicians are introducing bipartisan budget deals. Iran is talking peace. The gold investment complex is collapsing.

None of this was supposed to happen! It was all meant to unravel. WTF?

The pessimists have been absolutely routed this year, it’s becoming uncomfortable to watch. Their intellectual leaders are abandoning the cause or, worse, switching sides. None of their formulas or equations are working, they’re just losing more people more money every month. Those who answer to clients have run out of excuses, they’re now lashing out at everyone else to make themselves feel better.

Because they can’t have been wrong, just early – and it’s not their fault anyhow. It’s the Fed’s fault, or the fault of other financial commentators or the fault of foreign central banks.

But they’re sticking to their “process” – and don’t you ever dare question their process, no matter how poorly it works and for how long.

I am not incorrect for four years running - the entire world is incorrect. You’ll see.

Surely this can’t continue for much longer, can it? I hope not.

May the fates order a ceasefire on the Permabear Alamo, and soon.

I don’t think they can take anymore.
It's amazing what happens when the left has total control of mainstream media. You get blindfolded from reality. Iran is a serious threat to the stability of the region and is closer to a nuclear bomb than before. Syria is still in the genocide business. North Korea is still a mess. China has become somewhat hostile in international waters. Wallstreet is making themselves money, while 99% of the country are still below what they were before the recession. Health Care costs have soared. We've lost our 1st ammendment unless you are on the left and are acting within party lines. Yeah...things are great...
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