Use access key #2 to skip to page content.

alstry (36.08)

"esteemed and noted" economist following Alstrynomics

Recs

10

March 09, 2009 – Comments (8)

Remember donnernv's ridiculous statement that Alstry was following or parroting others?????

Simply parroting the thoughtful opinions of esteemed, or noted, economists does not constitute original thinking.

Well Dr. Doom himself, is finally beginning to appreiciate how severe the current downturn will likely be......something Alstry has been warning you about for over a year!!!!!!!!!!!!!!!!!!!!

Roubini: US Recession Could Last Up to 36 Months
Monday March 9, 3:41 pm ET

The man who predicted the current financial crisis said the US recession could drag on for years without drastic action.

Among his solutions: fix the housing market by breaking "every mortgage contract."

http://biz.yahoo.com/cnbc/090309/29598949.html

Wasn't Roubini just saying the recession would not last too long and be completed in 12-18 months????

My crying and whining Alstry bashers....it is not that Alstry is simply good.....he is the BEST!!!! Too bad doesn't have a CAP's player of the year award......if humility was a catagory....Alstry would be out and DWOT would win hands down.  And there are others equally as good such as Abitare and Spec Bear.

Whether you prepare or dispair is your choice........the top players are all willing to donate their real time picks to you Fools......and what is the thanks bestowed?????  Removing Abitare benign and likely dead on post about an issue that goes to the integrity of the game and nothing else......

For those of you serious investors that like to make money......your input is greatly appreciated whether you agree with me or not.....the rest of you, the kool-aid stand is just around the corner at the next blog or CNBS......some of us are trying to really deal with the problem and prepare for what is ahead......

Alstrynomics is all about winning.......not whining!!!!!!!

8 Comments – Post Your Own

#1) On March 09, 2009 at 6:48 PM, huddaman (99.17) wrote:

alstry, start a website and sell some investment advice. i will subscribe.

Report this comment
#2) On March 09, 2009 at 6:59 PM, alstry (36.08) wrote:

I am actually looking forward to the day we can be bullish....it is way more fun and I can be a lot more confident with my perspectives....especially when analyzing cash rich companies with little debt and great outlooks.

Hmmmmm.....starting a website dedicated to Alstrynomics......now that is an interesting idea:)  TMF was created mocking actively managed mutual funds.....what could a web site dedicated to serious investors who actually critically think and like the concepts behind Alstrynomics mock????

Report this comment
#3) On March 09, 2009 at 7:13 PM, TMcNasty (30.52) wrote:

Motley Fool of course. ;)

Report this comment
#4) On March 09, 2009 at 8:28 PM, Donnernv (< 20) wrote:

Nouriel Roubini December 2007http://rantaboutit.blogspot.com/2007/12/nouriel-roubini-break-up.html

Report this comment
#5) On March 09, 2009 at 8:50 PM, alstry (36.08) wrote:

Donnerbaby,

Nuriel has been pretty good, just not as good as Alstry.  When that blog was written he was forecasting about a one year recession.  In addition, he as worried about a falling dollar when Alstry was saying the dollar would revive and get stronger......

Nuriel is a fun guy and throws some of the best parties in the City...you wouldn't think so just by looking at him or reading his perspectives on the economy.

I am not sure what you are trying to accomplish.....the facts are the facts and the more you try to change them the more opportunity you give me to throw them back in your face.

As much as you want to try to change reality or revise history, it has all been documented and open for anyone to review.

I know you find it difficult trying to confront someone with my skill level in investing......my guess is that the courtroom would have been equally as challenging, but in the end....I am only looking out for yours and other Fools interests.

If what I was blogging was inaccurate or misleading, I would understand your frustration...but in actuality, my blogging should be helping you get a better perspective of the truth.

What bothers you about being informed so much?????

Report this comment
#6) On March 09, 2009 at 8:58 PM, shffl (< 20) wrote:

alstry,

i was wondering about what is your opinion on the government letting the nation run on deflation. my thought at first was that the government would let the dollar value be inflated for a bit as a way of getting rid of all the massive debt the nation had acquired before slowly deflating the dollar.

thanks 

Report this comment
#7) On March 09, 2009 at 9:08 PM, alstry (36.08) wrote:

Think of debt as cancer cells in the human body.  In limited quantities, the body can defend against the cancer.  Think of dollars as chemo, the more dollars, the stronger the defense against the cancer......however, if you print too many dollars, then the chemo becomes more lethal than the cancer creating hyperinflation.

This analogy actually works pretty good and can be applied with much greater detail.  The cancer is bad and must be addressed.  Appropriate doses of chemo can help, but if you inject too much, you kill the patient.

THERE IS NOTHING WORSE FOR AN ECONOMY THAN HYPERINFLATION.

So far, the government has been letting more debt default than print money.  As debt is money, Alstrynomics definintion of money has actually be decreasing creating the deflationary environment we are in right now.

If I see things changing and I am still blogging, I will update my position.

Report this comment
#8) On March 10, 2009 at 1:10 AM, Donnernv (< 20) wrote:

When that blog was written he was forecasting about a one year recession.

Nothing of the sort was said in the interview/analysis.  Reference in the analysis cited, please.

In addition, he as (sic) worried about a falling dollar when Alstry was saying the dollar would revive and get stronger......

Reference to your (published) prognostication in the period between December 2007 and March 2008, please.

Report this comment

Featured Broker Partners


Advertisement