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
it was changed to overcome in the last 16 seconds dudes
― Kramkoob (Catsupppppppppppppp dude 茄蕃), Tuesday, 7 October 2008 18:28 (fifteen years ago) link
Ha, they fixed it to "overcome"
― Spencer Chow, Tuesday, 7 October 2008 18:28 (fifteen years ago) link
Seconds count.
― Spencer Chow, Tuesday, 7 October 2008 18:29 (fifteen years ago) link
Hahah, what was that Chris Morris bit where he cut up the 'we're invading Iraq' State of the Union address to 'every soldier will come'
― Ned Raggett, Tuesday, 7 October 2008 18:29 (fifteen years ago) link
anyone read Fukayama in Newsweek?
― Alfred, Lord Sotosyn, Tuesday, 7 October 2008 21:35 (fifteen years ago) link
And while fewer non-Americans are likely to listen to our advice, many would still benefit from emulating certain aspects of the Reagan model. Not, certainly, financial-market deregulation. But in continental Europe, workers are still treated to long vacations, short working weeks, job guarantees and a host of other benefits that weaken their productivity and will not be financially sustainable.
Fuck you, fukayama.
― Christopher Blix Hammer (Ed), Wednesday, 8 October 2008 09:08 (fifteen years ago) link
If we all club together I reckon we can buy Iceland.
― Christopher Blix Hammer (Ed), Wednesday, 8 October 2008 10:54 (fifteen years ago) link
0.5% interest rate cut by the Feb ECB and BoE
― Christopher Blix Hammer (Ed), Wednesday, 8 October 2008 11:24 (fifteen years ago) link
american workers live a curiously dogged and unliberating life - two weeks for vacation means one week spent with family at christmas and then - if you take no random days off the rest of the year - one week for some kind of other vacation. that's not enough time to recharge, not enough time to rest, not enough time to see anything
― Tracer Hand, Wednesday, 8 October 2008 11:31 (fifteen years ago) link
kondriateff is going to say that's a huge mistake but - why?
― Tracer Hand, Wednesday, 8 October 2008 11:32 (fifteen years ago) link
(re: rate cut i mean)
Yeah really how much vacation does Francis Fuckyamama get?
― Everything is Highlighted (Hurting 2), Wednesday, 8 October 2008 12:37 (fifteen years ago) link
Is it getting cheaper to holiday in Iceland?
― caek, Wednesday, 8 October 2008 12:53 (fifteen years ago) link
Will there be pretty Icelandic girls coming over here and stealing our jobs?
― Matt DC, Wednesday, 8 October 2008 12:55 (fifteen years ago) link
hahahaha http://www.sorryimissedyourparty.com/2008/10/partys-over-wall-street.html
― caek, Wednesday, 8 October 2008 12:57 (fifteen years ago) link
Will there be pretty Icelandic girls coming over here and stealing our jobs?― Matt DC, Wednesday, 8 October 2008 13:55 (10 minutes ago) Bookmark Suggest Ban Permalink
― Matt DC, Wednesday, 8 October 2008 13:55 (10 minutes ago) Bookmark Suggest Ban Permalink
I just bought iceland, I can send you Briggitte Gundmundsottir of Ólafsfjörður for low low prices.
― Christopher Blix Hammer (Ed), Wednesday, 8 October 2008 13:10 (fifteen years ago) link
http://www.treehugger.com/files/2008/10/memo-to-government-housing.php
― Christopher Blix Hammer (Ed), Wednesday, 8 October 2008 13:55 (fifteen years ago) link
Yea but Tracer we have weakened productivity!
― stet, Wednesday, 8 October 2008 14:47 (fifteen years ago) link
KERRY KATONA MEAT RAFFLE! GET IN!
― jane hussein lane (suzy), Wednesday, 8 October 2008 14:51 (fifteen years ago) link
relieved at UK bank move:
http://content9.flixster.com/photo/32/48/92/3248927_tml.jpg
― Dr Morbius, Wednesday, 8 October 2008 14:58 (fifteen years ago) link