Half a great depression

F

FUCK THE POLICE

911 EVERY DAY
http://krugman.blogs.nytimes.com/2009/03/20/the-great-recession-versus-the-great-depression/


The Great Recession versus the Great Depression

Reading this article about the global manufacturing plunge, I wondered: how does the current slump stack up against the early stages of the Great Depression? The US has consistent industrial production data back to 1919, so it’s a fairly straightforward exercise. Below is the change in industrial production, measured in logs, from the previous peak in 1929-30 and 2007-9.

gr_vs_gd.png


At first, the current recession didn’t hit industrial production all that hard. But the pace accelerated dramatically last fall, so that at this point we’re sort of experiencing half a Great Depression. That’s pretty bad.

Clarification: Those are natural logs — sorry, economists use them so frequently I forgot to explain. So basically multiply by 100 to get the percent change.
 
I don't think it will last like the depression did. Consolidation is already beginning in some sectors namely tech and the stock market bottom looks to be in. We may be out of this thing by Q4 (possibly even Q3 we will see hiring)
 
Chapdog said:
I don't think it will last like the depression did. Consolidation is already beginning in some sectors namely tech and the stock market bottom looks to be in. We may be out of this thing by Q4 (possibly even Q3 we will see hiring)
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Most Americans are going to want to lower debt ratios before spending, I see this lurching a bit, ups and downs, fits and starts. We'll lurch our way out of this early next year is what I "feel", but that is based on no further inflationary ridiculousness.... We can't keep printing money to "loan" to ourselves, that never turns out good.
 
Damocles said:
Most Americans are going to want to lower debt ratios before spending, I see this lurching a bit, ups and downs, fits and starts. We'll lurch our way out of this early next year is what I "feel", but that is based on no further inflationary ridiculousness.... We can't keep printing money to "loan" to ourselves, that never turns out good.
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some of it is expansion of govt; (You know using 911 hype to take care of other business.... same thing but different goals.

Your right from my vantage point Obams overly aggressive and may overcompensate resulting in some 5% inflation years coming soon to a theater near you.
 
evince said:
I guess the bailout is starting to work huh?
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Are you talking about the one that's not even been implemented yet? Really I think it was the announcement by the SEC Tuesday March 10th before the market opened that they intend to re-instate the uptick rule come April. This is what everyone was waiting for to indicate bottom.

Total no brainier to some of us what was going on with the stock market btw. Whats going on now with these bailouts of companies is rediculous. Notice how with the threats of cuts to executive pays that some of them slated to get bailout money are saying no thanks.


Supporting Chart of Dow Jones:
http://finance.yahoo.com/echarts?s=^DJI#symbol=^DJI;range=3m;compare=

Coupled with announcement article:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a6pBZZrZtxm4&refer=home
 
Yeah imagine that some were lining up saying they needed bailout money and now are saying they can do without the free cash because it aint so free anymore.

The ones that take it and the ones who have already taken some of it are the ones who needed it.

The ones backing away were fucking with us.

It turned out to be a good way to filter out the fuckers trying to take us YET once again from the ones who would have truely died without it.
 
evince said:
Yeah imagine that some were lining up saying they needed bailout money and now are saying they can do without the free cash because it aint so free anymore.

The ones that take it and the ones who have already taken some of it are the ones who needed it.

The ones backing away were fucking with us.

It turned out to be a good way to filter out the fuckers trying to take us YET once again from the ones who would have truely died without it.
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FYI: Sometimes its ok to let business fail. Only industries that need government coddling is our fledglings like alt energy and bio tech. Thats where USA needs to be the leader for next 50years.

Wallstreet has been fucking with the US governement regulators for years including convincing the dumb SEC to lift the uptick rule so they could have a field day. It was so collaborated that they didnt even touch the pilot subject stocks so that they could convince the SEC "see it doesn't have an impact" (memo's saying no shorting of test subjects were circulated amongst the LEHMAN and BARCLAYS of the world)

Have you even ever dealt with a government employee from the IRS or the SEC? Do you realize how easy it is for even me a lonely MBA to talk circles around them? Increase the PAY of the regulators to compete with private Harvard grads and then you have a fighting chance against them.
 
I think that is a great idea chap.

But if you recall the republican montra on that is "Throwing money at the problem".

That is what the right wants them to be like.

I agree that some businesses should fail. The government should NEVER have to bail a corp out.'

The targets of this bailout were the corps that were so big if they failed they would take our economy down with them. To Big To Fail. No corpration should EVER jbe allowed to be that BIG again.

We had been trying to tell America this one for many years.

Its time to get all Teddy on their asses.
 
evince said:
I think that is a great idea chap.

But if you recall the republican montra on that is "Throwing money at the problem".

That is what the right wants them to be like.

I agree that some businesses should fail. The government should NEVER have to bail a corp out.'

The targets of this bailout were the corps that were so big if they failed they would take our economy down with them. To Big To Fail. No corpration should EVER jbe allowed to be that BIG again.

We had been trying to tell America this one for many years.

Its time to get all Teddy on their asses.
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Check out my youtube post about naked short selling. You will be pissed off. Its sad that our dumb govt couldnt even see it happening. Its a major reason why i have a problem paying taxes. The service (our govt) is unbelievably bad.
 
SmarterThanYou said:
you are so full of shit.
what did the democrats JUST DO?!?!?!?!?!

threw money at the problem. It's what they've always done. You're a fucking liar.
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And you have a reading comprehension problem.

I was saying that when you do things like PAY government employees the same amount as the poeple who have to regulate the Rs get all pissing and call it "throwing money at the problem"


Now go back and read the exchange.
 
evince said:
thanks Ill go watch it.

This guy is very good at reducing the concepts into easy to understand bit though.

YouTube - The Uptick Rule
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ok good now.. add in the sophistication of new computer programs that continually short down in tiny increments coupled with an huge supply of shares to use because they are naked. Perfect storm and why we are where we are today. Period.. nothing else. This is not a great depression 2. Its market manipulation.
 
Chapdog, thanks for the info. The only thing I don't understand is how traders increased the volume of share for these banks without the bank actually issuing more shares. Were these phantom shares ever delivered?
 
wilton said:
Chapdog, thanks for the info. The only thing I don't understand is how traders increased the volume of share for these banks without the bank actually issuing more shares. Were these phantom shares ever delivered?
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did u watch the vid? its naked shares. its illegal practice. here is background:
[ame]http://en.wikipedia.org/wiki/Naked_short_selling[/ame]
 
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