Rolling US Economy Into The Shitbin Thread

lol who is this

Ukrainian hemiola

Raccoon

wild guess that it's a white guy.

JUST KIDDING

A huge bubble.

afaics, it's the little boutique colleges that will die off. as for big universities, their main risk would be overbuilding and overcapacity, but I'm not sure that the big institutions overleveraged themselves in the process of overbuilding, because the major part of the debt overhang was assumed by the students or covered by begging from alumni. I presume any reduction in demand there can be absorbed by shedding all those non-tenured staff like hot potatoes. But I don't study their economics, so this is mostly guesswork on my part.

if they ever get it together and do a free, intensive physicians asst. program. I am on that. They need so many.

The American economy is poised for the worst quarterly contraction ever, with a sudden slowdown in economic activity that is more akin to what happened in wartime Europe than during previous American slowdowns like the financial crisis more than a decade ago or even the Great Depression.

had this mind as the market bounced up by 10% yesterday. the disconnection between the reality and the "investor optimism on legislation being passed" is mindboggling

NYSE starting fully electronic trading (closing floor) on Monday.

Look, this market needed to take it's haircut for "irrational exuberance" in my homey Greenspan's terms
Greenspan was probably short and god bless him

hey man what do u think of Chance the Rapper's economic plan

my homey Greenspan

yeah you know what? He kind of is my homey because he warned for years about this
He warned for years about "irrational exuberance"
But pile money into your 401K, tough guy. Do that.

that didn't rhyme

missing a bar

boo

Alan Greenspan is a sober individual who gave you all a warning 20 years ago. I don't think even he can believe how stupidly irrational the market got. Well, the liquidity injections were unprecedented.
But it is time to pay the fiddler

I miss gabbneb

I'll show u a "liquidity injection"

somebody should tell people who bought stock 20 years ago how fucked they are.

preferably a sober individual

well as we know Chief Kyiv "hates being sober"

ha, no you are right Sufjan ... but this is of course thing ... the way to make money is trade both sides ... not be some cheerleader... yeah man I made a mint on AMT .. check that long out... but I short the shit out of this economy that was always teetering on the brink of an exogenous event that wouldd finally bring the multiples down to earth ... something that is realistic

Ellipses Boi

whatever Neanderthal I like you I am a metalhead too

I just saw Autopsy and Professor Black last week so don't @ me

but this is of course thing

yeah it is a "thing" el tomboto ... to trade both sides
that is how you make money .. that is how you provide for your family
Short this market when it gets irrational

tell us about your family

Short The Market - Peter Gabriel

for my family, "el tomboto" what i did was short the SPX
very easy thing to do. well, you have to have a margin account.
i hope you all have margin accounts. or maybe you listen to "yerac" for investment advice lol
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=SPX&insttype=Index

I short the market
But I did not short the SPX

iirc you have to provide proof of a margin account when signing up for ilx

I photocopied someone else's, shh, don't tell the mods

I hope you and your family are very happy with the proceeds from your investment strategy, CK. But somehow you must have missed the fact that it is possible to 'provide for one's family' in many ways other than shorting the equities market. Even though you must be thrilled with your gains atm, trading on margin is a risky business that shouldn't be accepted by anyone who isn't willing to lose money in a big way.

As the [insert appropriate group reference here] say: you do you.

Yes, Aimless ... and I respect you as a poster....
but I have balls and that is why I take the risk , gladly
We have one shot in this life... we have to take it when we see it .... my god I have been waiting for these multiples to come back down to 1970's levels my entire life...
trade of a lifetime , my friend. Trade of a lifetime

I bet your family loves you and thinks you’re well-adjusted

hey know offense Silby, but you have to get my perspective
We TRADE the market. It doesn;t matter if it goes up or down

I don;t root against I guess "american society" haha i just wake up in the morning and trade the markets.
it is what it is

It doesn't matter if it goes up or down? I don't get it

whatever

That's not my department, says Wernher von Braun

Dan, it doesn't matter if "it goes up or down" from the perspective of a guy who just rides the wave.
That is what I am getting at.
Go up. Go down. I don;t give a shit. Need to be on the right side, though

What are your other useful skills

you are on a level way beyond me

I'm just worried that my retirement will be entirely fucked

well I am really into music, Silby. can you believe I was into Nirvana before you? I saw them at the Blind Pig in 1999 and I also roadied for Mountain Goats and Alastair Galbraith and now I have of course outed myself

Hmmmmm.

chief kyiv was a working man
He used to load that Econoline van
A sparkle was in his eye
But his life was in his hands
Well, late at night when the people were gone
He used to log into e*trade
And short stocks like the SPX
and post about it on a message board
*beh bewda bew buh beh*
tonight's the night
tonight's the nigh-high-high-hight

1999 Nirvana was the best Nirvana

can you believe I was into Nirvana before you? I saw them at the Blind Pig in 1999

There is something pure here.

pretty much, covered my SPX though . i do think it got overblown today

just listening to this now

http://open.spotify.com/track/7DgZ2cG6o0sNwKidmaPw6A

https://www.youtube.com/watch?v=JUGHGXyuH98

oh, Tanukipaws