The sky is falling

your to dumb to debate economics.
yeah a 5% qtr and a 4% qtr while you were running for the exits. Do you KNOW what a good qtr is. Do you ever buy stocks???
 
Anyone who voted for Bush in 2000, can basically take a seat and shut up about fiscal responsibility and the economy.

Let’s recall what Bush voters knowingly voted for in 2000: A guy who publicly promised to massively cut taxes for the wealthy, and to massively increase spending at the same time on education, military, and healthcare. And somehow, that strange bizarre arithmetic was supposed to be fiscally responsible.

How’d that work out?
 
"worked out fine for the wealthy, yeah that's me."

That about sums it up.

See, tops, when the rest of us are talking about the economy, we're talking about the BROADER impact, and we're talking about how it effects everyone.

If all you are concerned about & all you focus on is the wealthy, it's little wonder you sound like such an imbecile most of the time...
 
and for retards like you and the bottom half of the economy who don't buy stocks you don't participate in a big way if the economy is slow or fast. You really should bone up or read to avoid continually getting your head shoved up your ass.
Your economics knowledge is about as good as your selection of Edwards you tool.
 
Topspin said:
and for retards like you and the bottom half of the economy who don't buy stocks you don't participate in a big way if the economy is slow or fast. You really should bone up or read to avoid continually getting your head shoved up your ass.
Your economics knowledge is about as good as your selection of Edwards you tool.
Click to expand...

HE IS AN OBAMA SUPPORTER.

Don't make me tell you one more time, fool.
 
And toppy forgot that most of that 3rd quarter gain was due to a surge in exports (AG mostly) due to the dropping dollar. Not really a good thing in the long run.
 
I didn't forget at all.
I wonder how many of you fools will tout the dollar during its rise.
I wasn't on the board in the 90's when it soared.
 
Topper I think you would be the one whining if the dollar got strong again. I tend to think that would drop the price of oil.
 
Topspin said:
Lorax your one of the least educated learned people on the board when it comes to economics. Your a lefttool and Minority is a rightool. Combined you don't equal a junior college level of business understanding.
The economy is not summed up by one bad number that you've been waiting a year to grab. MORON
The economy is fine, the rate cuts will reboost the growth.
Click to expand...

This is quite funny toppy. Because weren't you the one who couldn't wait to grab that one GDP number and tout it as great?

Your lack of understanding with regards to economics is pathetic for someone that supposedly holds an MBA.

The economy is slowing... rapidly. The interest rate cut last week did not spark the markets or the economy. The markets have already priced in another 50bps from the Fed today. Yet the economy continues to slide down.

Why is this toppy?

Do you think it is because it doesn't matter how low the Fed cuts rates? The problem lies in the credit lending process. If those that are in trouble (both individuals and businesses) are not able to qualify for new loans or refinancing existing loans.... then they are going down.
 
it's more fun kicking your as freak as you at least have a clue.
Wow, .6 is slowing your prof would be proud. 5% is great you nazi
 
Topspin said:
it's more fun kicking your as freak as you at least have a clue.
Wow, .6 is slowing your prof would be proud. 5% is great you nazi
Click to expand...

The RATE of growth going from 5% to 0.6% is indeed slowing you tool. It shows the economy is slowing down. RAPIDLY. It shows the trend toppy. Something that an MBA should understand. It shows DIRECTION.
 
anyone know the Nov and Dec GDP numbers? if they are estimating .6 for the quarter then wouldn't that make December negative?
 
freak you were on your dead horse rear view mirror till it died now your racing the horse.
Of course it's slowing. All the rate cuts since sept will start to take hold late first gtr. 2008 will be an OK year.
 
Topspin said:
freak you were on your dead horse rear view mirror till it died now your racing the horse.
Of course it's slowing. All the rate cuts since sept will start to take hold late first gtr. 2008 will be an OK year.
Click to expand...

you really are retarded aren't you?

1) Rate changes typically take about 12-18 months to fully work their way into the economy. Note: the stock markets reaction will tend to be quicker, but that is not the economy toppy.

2) You again ignore the problem this country faces. The Fed dropping rates has little effect on WHO the banks loan money to. Yes, those with good credit will likely be able to refi at lower rates, but those with poor credit won't suddenly get loans just because of lower rates. AGAIN, as I have told you before.... look at the national averages in the 30 & 15-year fixed and the 1,3 and 5-yr ARMs.

The 15 year fixed average is LESS than any of the ARMs. Why are the ARM rates on average not coming down as fast toppy?
 
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