USA Today covered this thread? link plz
― abanana, Saturday, October 4, 2008 6:23 PM (Yesterday) Bookmark
― the valves of houston (gbx), Monday, 6 October 2008 03:38 (fifteen years ago) link
...
― gabbneb, Monday, 6 October 2008 03:40 (fifteen years ago) link
he was referring to the golden age before us morons who read the first section of the newspaper and have no stock holdings stepped in
― gabbneb, Monday, 6 October 2008 03:44 (fifteen years ago) link
back when the shitbin was a trifle more prospective than descriptive
― tipsy mothra, Monday, 6 October 2008 04:26 (fifteen years ago) link
do people really have names like Ambrose Evans-Pritchard?
― kamerad, Monday, 6 October 2008 04:29 (fifteen years ago) link
i've only ever heard of e.e., wonder if they're related.
― Maria, Monday, 6 October 2008 04:38 (fifteen years ago) link
his son apparently. (and an ass, from the sound of it.)
― tipsy mothra, Monday, 6 October 2008 04:53 (fifteen years ago) link
During his time in Washington, his stories often attracted the ire of the Clinton administration, and on Evans-Pritchard's departure from Washington in 1997 a White House aide was quoted in George saying "That's another British invasion we're glad is over. The guy was nothing but a pain in the ass".
I guess being British helps explain the name. I'm kind of fond of rarely encountered saints' names, though.
― Maria, Monday, 6 October 2008 05:02 (fifteen years ago) link
http://www.guardian.co.uk/world/2008/oct/05/iceland.creditcrunch
― the valves of houston (gbx), Monday, 6 October 2008 12:54 (fifteen years ago) link
The krona, Iceland's currency, is in freefall and is rated just above those of Zimbabwe and Turkmenistan.
!!!
― Matt DC, Monday, 6 October 2008 13:07 (fifteen years ago) link
wow, i wonder when that started (or became noticeable). i was in iceland for the summer and heard nothing about it, and everything was unbelievably expensive.
― Maria, Monday, 6 October 2008 14:13 (fifteen years ago) link
Dow below 10,000 this morning.
― Eazy, Monday, 6 October 2008 14:27 (fifteen years ago) link
http://www.msnbc.msn.com/id/27045699/
― gabbneb, Monday, 6 October 2008 14:31 (fifteen years ago) link
that should make cramer's show kinda tricky. how do you go on tv for a half-hour every day and just say "sell everything now!"
― tipsy mothra, Monday, 6 October 2008 14:36 (fifteen years ago) link
won't he be telling everyone to buy next week?
― gabbneb, Monday, 6 October 2008 14:44 (fifteen years ago) link
The other time I remember him issuing a "get out now" call was in the fall of 1998 -- he goes into detail about it in his memoir. (Cramer was pretty much one of the first mainstream bloggers, don't you think?) Maybe Mad Money will merge with Antiques Roadshow. I do love the guy.
― Eazy, Monday, 6 October 2008 14:51 (fifteen years ago) link
we gonna die
― Every Day Jimmy Mod Is Hustlin' (Jimmy The Mod Awaits The Return Of His Beloved), Monday, 6 October 2008 14:55 (fifteen years ago) link
Good Stiglitz piece on how we got into this mess and how to get out:
Reversal of Fortune http://www.vanityfair.com/politics/features/2008/11/stiglitz200811
― o. nate, Monday, 6 October 2008 16:42 (fifteen years ago) link
freefall... i am too scared to look at any stocks i own :(
― bnw, Monday, 6 October 2008 18:51 (fifteen years ago) link
Dow is -28% YTD, brutal
― bnw, Monday, 6 October 2008 18:52 (fifteen years ago) link
http://www.amazon.com/Dow-2008-Different-This-Time/dp/1893958701 lol
― Kramkoob (Catsupppppppppppppp dude 茄蕃), Monday, 6 October 2008 18:53 (fifteen years ago) link
how do you go on tv for a half-hour every day and just say "sell everything now!"
Kramer says: "Sell everything now"
― Chris Barrus (Elvis Telecom), Monday, 6 October 2008 19:26 (fifteen years ago) link
the This american life this week is useful and strangely comforting @ the end
― Every Day Jimmy Mod Is Hustlin' (Jimmy The Mod Awaits The Return Of His Beloved), Monday, 6 October 2008 19:36 (fifteen years ago) link
I haven't listened to that yet, but does it include bits of this interview?
http://www.npr.org/blogs/money/2008/10/hear_wamu_banker_bares_soul.html
Because I thought that was excellent. No so much "soul-baring" as just clear and informative. And pants-shittingly scary.
― Herb Hitts, Bad Vibe magazine (kenan), Monday, 6 October 2008 20:20 (fifteen years ago) link
i don't think so -- it's like the big pool of money episode two months ago.
― Every Day Jimmy Mod Is Hustlin' (Jimmy The Mod Awaits The Return Of His Beloved), Monday, 6 October 2008 20:41 (fifteen years ago) link
...and i dodn't recall WaMu getting mentioned. I listened to it twice
― Every Day Jimmy Mod Is Hustlin' (Jimmy The Mod Awaits The Return Of His Beloved), Monday, 6 October 2008 20:42 (fifteen years ago) link
Oh. Well, that's a good interview, for real.
― Herb Hitts, Bad Vibe magazine (kenan), Monday, 6 October 2008 20:43 (fifteen years ago) link
“Whatever money you may need for the next five years, please take it out of the stock market right now"
well, at least I don't need my 401k for another 20, right? right?
― Dr Morbius, Monday, 6 October 2008 20:52 (fifteen years ago) link
― Every Day Jimmy Mod Is Hustlin' (Jimmy The Mod Awaits The Return Of His Beloved), Monday, 6 October 2008 20:55 (fifteen years ago) link
How can you tell how much money you need for the next 5 years, given the unpredictability of inflation rates?
― dowd, Monday, 6 October 2008 20:56 (fifteen years ago) link
Wait, in the past month or so Kramer has been absolutely dead wrong. Maybe this is good news for the economy?
― Adam Bruneau, Monday, 6 October 2008 21:01 (fifteen years ago) link
haha have you only been paying attention to kramer for a month, then?
― El Tomboto, Monday, 6 October 2008 21:04 (fifteen years ago) link
we gonna die fyi
― BIG HOOS aka the steendriver, Monday, 6 October 2008 21:05 (fifteen years ago) link
I don't mind dying. I just don't want to suffer first.
― Herb Hitts, Bad Vibe magazine (kenan), Monday, 6 October 2008 21:06 (fifteen years ago) link
everybody needs to read that stiglitz piece actually
― El Tomboto, Monday, 6 October 2008 21:08 (fifteen years ago) link
Yep. Good read.
― Ned Raggett, Monday, 6 October 2008 21:09 (fifteen years ago) link
http://www.longbets.org/
― TOMBOT, Tuesday, 7 October 2008 05:09 (fifteen years ago) link
Aus 1% rate cut!
Next couple of weeks to see 'emergency' rate cuts everywhere else? Hope not
― Kondratieff, Tuesday, 7 October 2008 08:21 (fifteen years ago) link
On my way home yesterday I happened to spy an estate agent on tooting broadway with 2 hummer H2s parked outside, I hope the owners are living in cardboard boxes by Christmas,.
― Christopher Blix Hammer (Ed), Tuesday, 7 October 2008 08:24 (fifteen years ago) link
Emergency rate cuts will do diddly squat without an increase in the money supply real interest rates have sky-rocketed. Business lines of dredit (overdrafts and the like) from the major clearing banks have gone from a couple of percentage points above base to 10 points above base in many cases.
― Christopher Blix Hammer (Ed), Tuesday, 7 October 2008 08:25 (fifteen years ago) link
I don't suggest such moves would be successful. Lets not presume competence here
― Kondratieff, Tuesday, 7 October 2008 10:09 (fifteen years ago) link
anyway, this money printing scheme will have more effects on the money supply and rates
http://www.nytimes.com/2008/10/07/business/07markets.html?hp
― Christopher Blix Hammer (Ed), Tuesday, 7 October 2008 10:13 (fifteen years ago) link
looooooooool
http://cache.gawker.com/assets/images/consumerist/2008/10/economistohfuck.jpg
― monster (cozwn), Tuesday, 7 October 2008 15:24 (fifteen years ago) link
oh; it's not real
less lol
― monster (cozwn), Tuesday, 7 October 2008 15:26 (fifteen years ago) link
lol
― sleep, Tuesday, 7 October 2008 15:32 (fifteen years ago) link
Economist would never use Verdana Bold.
― caek, Tuesday, 7 October 2008 15:42 (fifteen years ago) link
^ good eye
― sleep, Tuesday, 7 October 2008 15:42 (fifteen years ago) link
also no life.
― caek, Tuesday, 7 October 2008 15:43 (fifteen years ago) link
What the hell does: "Bush pledges "we're going to come" this economic crisis."http://www.cnn.com/
― Spencer Chow, Tuesday, 7 October 2008 18:26 (fifteen years ago) link
What the hell does... it mean??
― Spencer Chow, Tuesday, 7 October 2008 18:27 (fifteen years ago) link