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alstry (35.45)

Kool Aid Anyone??????????????????????????????

Recs

24

May 13, 2009 – Comments (6)

Yahoo Headline:

Retail sales drop unexpectedly in April, raising recovery doubts

Recovery Doubts???????????????????????  What recovery....we are declining at the Fastest Rate in American History!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

If you Fools keep believing this crap....you might as well start drinking the Kool Aid now....at least you will go down with a sweet taste in your mouth.

Foreclosures are skyrocketing at record rates

Home prices are crashing at record rates

Millions are filing for FIRST TIME unemployment EVERY MONTH at record rates

Profits are evaporating.....Tax Revenues to Federal, State, and Local Govts are declining at records rates

Thousands of Auto Dealers about to be shut down at record rates

Millions of small businesses and citizens getting lines of credit cut off at record rates

Over 100,000 retailers forecasted to shut down at record rates

Green Shoots??????????????????????????????????????

I hope you guys can smoke those green shoots........at least get some benefit out of them.....otherwise......stay away from the Kool Aid......the hang over sucks!!!!!!!!!!!!!!!!!!

 

6 Comments – Post Your Own

#1) On May 13, 2009 at 11:42 AM, RodneyFarva (< 20) wrote:

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#2) On May 13, 2009 at 12:03 PM, goldminingXpert (30.72) wrote:

Oh man, Rodney, there's no words to describe that!

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#3) On May 13, 2009 at 12:32 PM, kaskoosek (98.02) wrote:

From where would Americans get the money to buy th cars?

 

General Motors Corp plans to start importing Chinese-made cars into the United States in 2011 as a way of lowering manufacturing costs, The Wall Street Journal reported Wednesday on its Web site. The plan, outlined in documents submitted to Congress, calls for the automaker to import 17,335 vehicles it makes in China in 2011, with that number growing to more than 38,000 in 2012 and more than 53,000 in 2013, according to the Journal.

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#4) On May 13, 2009 at 12:42 PM, alstry (35.45) wrote:

Pretty soon we can just import everything and fire everyone.

The question is who will fund our debt since few will have an income?????

Oh I forgot....credit is now shutting down all across America.

Houston...we have a problem....How do we Prepare?????

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#5) On May 13, 2009 at 5:51 PM, rags2riches247 (88.49) wrote:

so, alstry, what do you recommend we do?  Should we short indices?  Should we buy gold?  Should we buy high dividend yielding stocks that aren't likely to cut their dividends?  What does the Institute of Alstrynomics suggest we do to prepare?

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#6) On May 13, 2009 at 6:23 PM, alstry (35.45) wrote:

As you know, the key to any preparation is a strong foundation.

1.  Deleverage.

2.  Save up a pile of cash.

3. Buy a little metal as a hedge

4.  Improve your personal skill in an area you have a passion.

4.  Have fun, play with family, party with friends.....and go long or short til your hearts content....you know my bias:)

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