US Economy 2007 Q2 - Page 5 - Mercedes-Benz Forum

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post #41 of 123 (permalink) Old 08-09-2007, 04:01 PM
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Not to worry: As has been said repeatedly over the past year or so as the markets have gone up and up and up, the markets are not the economy. Therefore, if they plunge like a stone through a pool of murky water, it means nothing, too!

Whoppee!

B

The biggest problems we are facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all and that’s what I intend to reverse.

~ Senator Barack H. Obama
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post #42 of 123 (permalink) Old 08-09-2007, 04:52 PM
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Originally Posted by mcbear
Further machinations of the Mortgage Industry are starting to take a toll. Between the news that has been coming out of that industry, Jim Cramer’s very candid meltdown last Friday YouTube - MARKET MELTDOWN and now, foreign investors weighing in, the second tier mortgage fiasco has not only come home to roost but appears to be a hundred pound bird in a two pound nest.
Jim Cramer is certifiably NUTS! I can't believe you are hanging your whole Chicken Little life on him!!! You are more desperate than I had imagined...

Don't believe everything you think
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post #43 of 123 (permalink) Old 08-09-2007, 04:53 PM
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Originally Posted by elau
........................and stupid Jay is still cheering for the "rosy" economy.
It is as strong as ever! And all your left wing BS cannot change that!

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post #44 of 123 (permalink) Old 08-09-2007, 04:56 PM
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Pretty words. Now disprove the data that created those graphs and we'll have a genuinely useful discussion.

B
Don't hold your breath for that... Honest data and real facts have never entered their life...

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post #45 of 123 (permalink) Old 08-09-2007, 04:58 PM
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The economy is more complex than is intimated in this thread. By looking at a single aspect one can believe everything is peachy (like Jayhawk appears to believe) or that the world is turing to shit before our very eyes as others seem to believe.

Here's a useful perspective.

B............
You totally misrepresent my point of view! But then I am not surprised being a botanist. Go fuck a plant!

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post #46 of 123 (permalink) Old 08-09-2007, 05:06 PM
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You totally misrepresent my point of view! But then I am not surprised being a botanist. Go fuck a plant!

Oh, so you are a botanist today? Slightly more plausible than psychologist, but not nearly as likely as fantasist.
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post #47 of 123 (permalink) Old 08-09-2007, 05:17 PM
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Oh, so you are a botanist today? Slightly more plausible than psychologist, but not nearly as likely as fantasist.
You really must learn to read... And please join the botanist and go fuck a plant!!

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post #48 of 123 (permalink) Old 08-09-2007, 05:18 PM Thread Starter
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Originally Posted by Botnst
Dueling data sets:
Series Id: LNS14000000
Seasonal Adjusted
Series title: (Seas) Unemployment Rate
Labor force status: Unemployment rate
Type of data: Percent
Age: 16 years and over

[url=http://data.bls.gov/[/url]
You like to use percentages of gross, which is ok and what the BLS uses on some data but considering the growing population, it does not accurately reflect the real people involved as when you look at numbers like 7Million unemployed.

You use that when trying to discount the National Debt but reality is, it doesn't work in that reality either.

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post #49 of 123 (permalink) Old 08-09-2007, 05:18 PM
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You really must learn to read... And please join the botanist and go fuck a plant!!
Excuse me?
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post #50 of 123 (permalink) Old 08-09-2007, 05:20 PM Thread Starter
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Originally Posted by Botnst
Not to worry: As has been said repeatedly over the past year or so as the markets have gone up and up and up, the markets are not the economy. Therefore, if they plunge like a stone through a pool of murky water, it means nothing, too!

Whoppee!

B
I agree, markets are not the indicator of the economy. Look at the loss of foundation, however, which in this case drove the market [which was the point of my original post]. The market, itself will continue to yo yo. The foundation which has caused the 750 point decline over the past few days will be with us for years.

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