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View Full Version : The current economic situation...in a nutshell.



Bailey Guns
10-05-2010, 19:21
This is exactly what I've been saying about the economy all along...

Something About Tax Cuts Or Earnings Or Money Or Something In Recent Economic News


September 29, 2010 | ISSUE 46•39 <http://www.theonion.com/issue/4639/>

WASHINGTON—Some sort of tax cut or earnings or money or something was reported in economic news this week in further evidence that a lot of financial- related things have been going on lately.

According to numerous articles and economics segments from major media outlets, experts on banks and such have become increasingly concerned over a new extension or rates or a proposal or compromise that could signal fewer investments, and dollars, and so on.

The experts confirmed that the stimulus has played a role.

"This is a clear sign of a changing cycle," some top guy at one of the big banks in New York said of purchasing power parity or possibly rate of return during a recent interview on CNN. "Which isn't to say that a sustained drop in wages couldn't still occur, even if the interest paid on reserves is lowered."

"In short, it's possible but not probable that growth could outpace our initial expectations," added the banking guy, who went on to say other money things, too. "It depends on investor sentiment."

The man, who also apparently mentioned the Nasdaq, the Dow, and the Japan one at some point or another, talked for a really long time about credit or reductions or possibly all these figures, which somehow relate to China.

Greece was also involved.

An analyst from Citigroup or Citibank announced on Monday that the Federal Reserve System is doing too much, while the Fed has failed to accomplish its goals to increase inflation or interest, which are different things. In addition, he was critical of the Fed's efforts to regulate the Bernanke.

"There might be a light at the end of the tunnel, but right now the markets are still struggling," the man who was wearing a blue suit and red tie said about some special money tunnel. "At this point, though, it's too early to say."

The head Treasury person, whose name sounds like Guyver or Meisner, appeared on every major network this week, either to assure Americans that everything was better or was going to get better or was never going to get better. Some other guy argued that it has never been that good. During interviews, the Treasury guy was observed on several occasions smiling or wincing.

According to a recent issue of The Wall Street Journal, there are currently a bunch of columns filled with a wide variety of numbers, letters, and symbols.

Geithner—that is the Treasury guy's name.

Another expert, Lawrence Kudlow, who hosts the CNBC program The Kudlow Report, was upbeat over the amount of points available in the industrial average or pleased with where the percentages were at.

"It's simple, actually, because the current dividend yield is equivalent to the most recent full-year dividend divided by the current share price," Kudlow said really quickly. "And that's basically the situation we're in now, for better or worse."

Paul Krugman, New York Times columnist and 2008 winner of the Nobel Prize for something in one of those economics categories, acknowledged in an editorial this week that the SEC must work closely with the stock market, Wall Street, and the New York Stock Exchange to maintain the bulls, bears, and opening bells. Krugman also said something could spur lending or trading or budgetary measures.

Although it has not been totally determined whether Krugman agrees with leading experts on assets or retail sales data or other fiscal things, reliable sources have confirmed that he has a beard.

Time or Newsweek recently published a cover story on the recession or the government debt or incomes or GDP or something similar to that, but kind of focused on how it's the fault of the rich, the middle class, and the poor.

In addition, mutual funds, probably.

http://www.theonion.com/articles/something-about-tax-cuts-or-earnings-or-money-or-s,18169/

Irving
10-05-2010, 19:55
As usual, great job Onion.

OneGuy67
10-05-2010, 20:16
You take financial advice from the Onion? Oh boy...

BushMasterBoy
10-05-2010, 20:22
The universe is electrical in nature.

Science is the definition of units.

Math is the accounting of units.

You cannot create real estate or natural resources economically.

A good economy requires good leadership.

If all else fails, read the "Art of War"

Irving
10-05-2010, 20:27
The only thing that The Art of War ever taught me about running a business was not to have a battle on a hillside unless I was higher than the other guy.

BushMasterBoy
10-05-2010, 20:30
The universe is electrical in nature.

Science is the definition of units.

Math is the accounting of units.

You cannot create real estate or natural resources economically.

A good economy requires good leadership.

If all else fails, read the "Art of War"

BigBear
10-06-2010, 08:28
The only thing that The Art of War ever taught me about running a business was not to have a battle on a hillside unless I was higher than the other guy.


Really? It taught me that is the copymachine isn't working, you should blade at 45 degrees and yell at it while menacingly fingering your CCW....


Wait, maybe that was a different book....


[Beer][ROFL1]

hip55
10-06-2010, 09:20
U8nyAQZGLV8

SNAFU
10-06-2010, 09:46
N.W.O. ,,,Bircher Society,,,

Do you have your 3 B's in order?

Byte Stryke
10-06-2010, 10:06
Currency in itself only has as much value as is given to it by the traders of it.
If or When the currencies of the world have lost their value by economic collapse or other traumatic social shift then the currency of trade will ultimately resort to survival barter or force.

you cant eat gold or Paper promises.
gold doesn't keep you warm.
neither makes a good weapon.

ChunkyMonkey
10-06-2010, 10:09
oh really? [ROFL1]

http://imageplay.net/img/m7Gbd93739/gold_desert_eagle_gun.jpg
hosted by Imageplay.net

Byte Stryke
10-06-2010, 10:39
oh really? [ROFL1]

http://imageplay.net/img/m7Gbd93739/gold_desert_eagle_gun.jpg
hosted by Imageplay.net
I'm Sorry,
I tried having intelligent conversation, My Bad Homie

[Tooth]

BigBear
10-06-2010, 10:41
gold...neither makes a good weapon.

I don't know. Getting smacked in the head by the corner of a brick of gold can do some damage!!! [ROFL1]

HBARleatherneck
10-11-2010, 08:06
after reading the last four posts, and only four posts of this guy, I am going out on a limb to say...TROLL.

non english speaker, by grammer patterns. all four posts same topic. signature. why all of a sudden do we have so many trolls?

BigBear
10-11-2010, 08:23
Easy phising. Programs set up to automatically make accounts and posts... Technology is a wonderful thing. If they have 1 million posts and only 1 person clicks on their link, it's still a win for them. They get money just from that click. It's all automatic so no one is actually wasting their time.... It's pretty interesting stuff, but it's a pain in the butt for the rest of the HUMANS...

HBARleatherneck
10-11-2010, 08:29
i didnt dare click on the link. i dont trust my malware spyware protection that much. it seems we have a ton of trolls right now. election season?

or people posting just to sell, with no communication, no location, no description. no reach around.

7idl
10-11-2010, 09:15
problem fixed ;)