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alstry (35.46)

The recession is over???

Recs

17

October 06, 2009 – Comments (5)

Apartment Vacancies in U.S. Hit 23-Year High as Unemployment Cuts Demand

MGM Mirage Slashes Condo Prices

Dollar down despite denials of oil-pricing shift

 New York Income Tax Revenue Falls 36%

 

Yet we are told the recession is over??????  A Depression is only a 10% decline in GDP...

Ask yourself this little question....what is our economy if the banks cut off credit to the consumer and tax receipts to government evaporate??????????????????????????????????????????????

 

5 Comments – Post Your Own

#1) On October 06, 2009 at 7:58 AM, alstry (35.46) wrote:

What happened to Sales???

Mosiac, Caterpillar, GM, Potash, Autos, Housing, Steel.......

All DOWN 50% or more......

Now Government and Health Care are seeing MASSIVE revenue declines........

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#2) On October 06, 2009 at 9:06 AM, jddubya (45.36) wrote:

Be gone.   MOAP (whaterver that is) never materialized.  You'd be hard pressed to get even your 20 followers to claim that MOAP occured.

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#3) On October 06, 2009 at 9:32 AM, jesusfreakinco (28.86) wrote:

Jddbuya,

Just because you didn't see it, doesn't mean it didn't arrive.

FOOLS: The USD could crash by the end of 2009 and here is why... Don't be a fool

I think it IS here and gold is forecasting it.

JFC

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#4) On October 06, 2009 at 9:45 AM, alstry (35.46) wrote:

JF,

You have actually nailed MOAP......the collapse of the US Dollar derived from an overleveraged economy.......it is coming a few days later than I thought...but it has arrived.

The question now is what steps will we take to protect such a MASSIVE issue.......an issue few on CAPS are really competent to anlayze from a legal, political, economic, and social perspective.

Iran says "big profits"came from shift to euro

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#5) On October 06, 2009 at 2:17 PM, jddubya (45.36) wrote:

JFC,

Per Alstry, MOAP was supposed to "BIG, ALSTRY BIG" and that we would know it when we saw it.

If you *think* it is here, then it can't be - simply based on Alstry's vague definition.

There hasn't been much of a change between March and now - in my opinion.  I agree that things are not good.  I agree that the mainstream media that Alstry uses to get his doom and gloom point (whatever his point his, I've never figured it out) across does provide some good, negatively themed information.  But the fact is, the MOAP never occured in 9.09

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