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TLStockPicks (91.54)

The recession is OVER!

Recs

8

March 12, 2009 – Comments (7)

Yesterday I posted a short blog proclaiming the end of the recession.  It somehow got modded and deleted, though Hypnotoad still manages to get his post in every day without hassle.  Maybe someone at CAPS wants the economy to fail and is trying to censor the good news?  Who knows.

Anyways, I don't know if you all have seen, but the economy has been fixed.  The wheels of acquisitions and mergers are churning again, credit downgrades of beloved companies like GE have slowed, and banks like Citi are generating revenues beyond anyone's wildest expectations.  Soon, people will have jobs again, and then can start spending indiscriminately to buy worthless crap that they don't need, while pouring whatever left-over money they have into second homes in Florida again because, as we all know, houses are good investment.  Time to buy up that American Dream, people, before you miss the boat!

7 Comments – Post Your Own

#1) On March 12, 2009 at 4:18 PM, TLStockPicks (91.54) wrote:

Oh, and let me add another piece of evidence that signals the end of this recession: the imminent end of Mark-to-Market.  This is the culprit that accelerated our crash into oblivion, and in three weeks or less, it will be gone.

So, you heard it here first.  March 12, 2009 = End of the recession.

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#2) On March 12, 2009 at 4:19 PM, motleyanimal (97.81) wrote:

Ha, Ha. That's pretty funny. But I think it's OK to miss the boat when it's the Titanic.

Reccessions do have a bright side. While we may spend less, the money consumers save makes their mortgage and credit card debt more secure.

Layoffs are typically overdone during these times. This particular cycle has allowed companies to exploit the crisis mentality and get all sorts of wage cuts and reduced benefits from their workers. The result will be a more competitive workforce in the future.

And with property values halved in just over two years, the single greatest expense the consumer has is now very affordable and will benefit the economy on many fronts.

 

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#3) On March 12, 2009 at 4:29 PM, njbrown113 (< 20) wrote:

Motleyanimal

That has to be the best analogy of year. " Its ok to miss the boat when its the Titanic". I'm sitting in my office laughing out loud. My assistant, came running in and asked whats so funny. She didnt think it was as funny as I did, but none the less. That was classic.

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#4) On March 12, 2009 at 4:38 PM, apoorinvestor (24.17) wrote:

That Hypnotoad nonsense is absolutely ridiculous.

 

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#5) On March 12, 2009 at 5:01 PM, djemonk (< 20) wrote:

I think it's OK to miss the boat when it's the Titanic.

 

Nicely put!

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#6) On April 09, 2009 at 10:22 AM, TLStockPicks (91.54) wrote:

Let me just take a bow for my incredible call!

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#7) On April 09, 2009 at 10:30 AM, outoffocus (24.51) wrote:

Wow....Koolaid sales seem to skyrocketing this quarter.  Go long Koolaid!!!

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