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Varchild2008 (85.34)

Typical Television Economic Analyst



January 06, 2009 – Comments (5) | RELATED TICKERS: GM , C , AIG

My impression of a typical television economic analyst on the future of America's economy:

"I think 2009 is going to be one of those years where our economy deteriorates.  I think we are looking at 9 to 19% unemployment.  Along with that will come starvation which will lead to a shift to cannabalism in America.  In fact, I think a few states in the 2010 election will have proposals to legalize cannabalism just to ensure Americans have something....or eat when they go hungry.

Furthermore, in 2010 I fully expect that the actions of this coming President Barack Obama will be futile to fix this economy.  It is obvious that America's businesses will collapse, the Federal Government will lose its AAA moody's credit rating and have to foreclose the entire treasury department.

If I was an investor I would definitely short the entire Stock Market along with the entire Bond Market and Treasury Bill market.  Heck, I'd bet the only way to get rich is to rob banks and that will only last for a few short weeks as each bank will have all of their money dry up due to uncontrollable debt as the housing market never bottoms until prices hit ZERO....and even then.... the homes will all be in a such a bad shape no one will buy them for ZERO.

So...Maybe the bulldozing companys that demolish all of the homes no one could sell for FREE is what I would invest money in the markets today.  Probably also Handgun makers like Smith and Wessen are a Buy cause people will need guns to defend themselves when our culture deteriorates into Nomadic, Tribalism.  Every man, woman, and child for their selves.  It's going to look a lot like BETHESDA SOFTWORKS's Video Game Fallout 3 in a quick fashion by the end of 2010.

The only survivor will be a guy named 3 DOG running a radio station, holed up somewhere where the Super Mutants can't get him."

5 Comments – Post Your Own

#1) On January 06, 2009 at 8:09 AM, DaretothREdux (53.09) wrote:

I wish Besthesda Software was publicly traded...such a good company.

On another note while this is very funny and you get a rec for that, I think that most televsion analysts that I see are predicting that Obama will save us all with his stimulus, and I think the truth might be somewhere closer to this parody analysis, probabaly not this bad but closer to this than a 2009 recovery.

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#2) On January 06, 2009 at 8:33 AM, jedmaster50 (83.72) wrote:

I'm investing in Shake-n-Bake BEFORE they market "Shake-n-Bake for humans," Mmmmmmmmmmmmmm, delicious. And of course, the Soylent corporation .

 Soylent Green is people....

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#3) On January 06, 2009 at 9:03 AM, leftfield4sure (< 20) wrote:

Varchild a rec for the humor- very foolesque keep the king laughfing

Dare- its the perception of the American people of whether or not the plan will succeed;not Obama saving us but we believing its possible;make solutions not excuses thats how I employ my time and experience.

                    Getting crowded out here in .....Leftfield

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#4) On January 06, 2009 at 4:50 PM, Varchild2008 (85.34) wrote:

Thanks all for the recs.

Even Clinton had a booming economy in spite of high taxation.  If investors think that inspite of Obama the economy rebounds, the stock market must reflect at least a 20% rebound this year to express that optimism.  How long we can stay in the 9000s is anyone's guess.  But, if an economic recovery is in store then 10000 on the DOW...even 11,000 becomes possible by 1Q 2010. 

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#5) On January 08, 2009 at 2:32 AM, awallejr (56.95) wrote:

Actually Valueline is suggesting an average  DOW 12000 for 2009, tho I am more pessimistic.  Financials have too much turmoil to go through yet.

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