THE WORLD LOOKS LIKE " A 2ND GREAT DEPRESSION IS COMING TO A THEATER NEAR YOUgreenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
We are entering a new era. The overhang on the massive debt that has been building up over 60 years looks like the fish are getting ready to jump out of the water. The public of course will be left (poor/middleclass) holding all that worthless paper. Wall Street and the Banksters have created a casino and have done a most remarkable job in distributing the worthless paper to ignorant investors. This has got to be the biggest illusion man has ever promoted. My friends, make no mistake about it " THIS IS WHAT CLINTON CALLS THE BRIDGE TO THE 21ST CENTURY.....YOU HAVE JUST ENTERED THE TWILIGHT ZONE. and the manipulation will continue until everyone has been cleaned out. Snake oil anyone ?
-- REDMAN (email@example.com), January 05, 2000
How much is high quality snake oil per ounce?
-- dinosaur (firstname.lastname@example.org), January 05, 2000.
Izzat you, Brian?
-- Ron Schwarz (email@example.com), January 05, 2000.
Your post is nothing new. Some substantiation (not sensationalism) would be in order about now...
-- (Kurt.Borzel@gems8.gov.bc.ca), January 05, 2000.
Notice how over the years, people have become accustomed to putting their material wealth (paychecks) into the market (401k) while entering into massive debt agreements for their purchases (home mortgages, college loans, etc).
A very convenient system for the banksters, who will not only be out of the market when it tanks, but will still be around to foreclose on all the consumer debt.
This would have never been possible in the years after the Great Depression, as the people were weary of such a scheme. However, children tend to repeat the mistakes of their parents, or if it was a really big mistake, their grandparents.
-- a (firstname.lastname@example.org), January 05, 2000.
With only a time-extending TRIPLE that threw off the time, the one-degree higher wave count has stayed ACCURATE for many, many , many months now.
CRASH WAVE IS FORMED IN NASDAQ 100.
If you remember, last fall(Oct 15), I posted that the crash wave had formed for the DOW.
On the 18th, the DOW" miraculously" bounced up and recovered.
Someone on a post here today earlier mused a question that may turn out to be quite prophetic--he stated that Greedspin was going to take turns propping up the Nasdaq and DOW!
We shall see if that is indeed true, as now the shoe is on the other foot--the DOW now is NOT in crash wave formation, but the Nasdaq100 IS. Exact target values are given on the site. Suffice it to say that this will prove that this is NOT a "New Era".
-- profit of doom (email@example.com), January 05, 2000.
Dinosaur, the snake oil is priceless. But I have some and I can sell it to you $1,000,000 an OZ. If you compare value, you will find we are considerably less than Wall Street and we deliver.
-- redman (firstname.lastname@example.org), January 05, 2000.
Hey Redman, Don't worry. Kondratieff was just lucky 5 times in a row, that's all. It's different, THIS time. It's the "new economy" don't cha know? P/E? Antiquated. ROI? Ancient. E/Sh? Prehistoric. Get with it man. [sarcasm mode off]
-- Ken Seger (email@example.com), January 05, 2000.
Good bridge analagy; never thought of it that way.
-- Hokie (Hokie_@hotmail.com), January 05, 2000.
What's the toll on the bridge??
-- Marie (firstname.lastname@example.org), January 05, 2000.
Isn't it kind of freaky when W.J. Clinton tries to sell you a bridge?
-- yah like I'm buyin' (email@example.com), January 05, 2000.