Armed Polite Society

Main Forums => The Roundtable => Topic started by: roo_ster on September 22, 2011, 02:50:55 PM

Title: We Are So (Un)Fortunate The Rest Of The World Is Even More Ate Up
Post by: roo_ster on September 22, 2011, 02:50:55 PM
http://www.cnbc.com/id/44626413

"With no solution in sight for Europe and new fears of a global recession, investors dumped stocks and commodities and ran to the safety of U.S. Treasurys."

Fortunate in that our system has not yet collapsed and caused untold misery to fellow Americans.

Unfortunate in that this allows our governing class to keep on doing what they are doing.

And we have to thank for this ^^^ the even more gormless governing class in Europe.

WHEN(1) the market flees US debt like that of any third-world socialist kleptocracy, we will fall from a great height, I am afraid.  Unless we hold on long enough and turn the ship around.


(1) Anything that can not go on forever will end, eventually
Title: Re: We Are So (Un)Fortunate The Rest Of The World Is Even More Ate Up
Post by: Scout26 on September 22, 2011, 03:27:05 PM
And right now that's what investors are doing.  Running Scared.  There is no "safe haven" any more.  It will get worse, and then it will get very, very, very bad.

I hope we can turn it around.
Title: Re: We Are So (Un)Fortunate The Rest Of The World Is Even More Ate Up
Post by: Hutch on September 22, 2011, 04:11:06 PM
So why hasn't gold shot up today?  Are people stuffing matresses with currency?
Title: Re: We Are So (Un)Fortunate The Rest Of The World Is Even More Ate Up
Post by: Jamie B on September 22, 2011, 05:25:51 PM
Quote from: Hutch on September 22, 2011, 04:11:06 PM
So why hasn't gold shot up today?  Are people stuffing matresses with currency?
No Glenn Beck ads!?  =D
Title: Re: We Are So (Un)Fortunate The Rest Of The World Is Even More Ate Up
Post by: roo_ster on September 22, 2011, 11:49:43 PM
Quote from: Jamie B on September 22, 2011, 05:25:51 PM
No Glenn Beck ads!?  =D

http://www.youtube.com/watch?v=sEMtu7K-aVQ&feature=player_detailpage#t=513s
Title: Re: We Are So (Un)Fortunate The Rest Of The World Is Even More Ate Up
Post by: Jamie B on September 23, 2011, 05:45:47 PM
Quote from: roo_ster on September 22, 2011, 11:49:43 PM
http://www.youtube.com/watch?v=sEMtu7K-aVQ&feature=player_detailpage#t=513s
FTW! Excellent movie, BTW.
Title: Re: We Are So (Un)Fortunate The Rest Of The World Is Even More Ate Up
Post by: Angel Eyes on September 23, 2011, 09:28:33 PM
Good thing I still have my Solyndra stock.











Wait . . . what?
Title: Re: We Are So (Un)Fortunate The Rest Of The World Is Even More Ate Up
Post by: Jamie B on September 23, 2011, 09:36:53 PM
Every time that I hear Solyndra , I remember the old movie Soylent Green.