Spleng's Discussions

"The good thing is that we get to keep those gains,"Nope.

"NYC IS IMMUNE"Nope. Cool tool check it out:http://www.papereconomy.com/CSI.aspx?id=CSXR|NYXR&yoy=all&showall=1

"I mean less foreclosures in the future, when the ARMs begin to re-adjust."Bubbleheads, this guy is pulling our legs nobody can be this stupid, seriously!Bravo Alpine you are a master satirist, I salute you.

Ahh yes the average price. All across America the poor get poorer, the middle class gets poor, the upper middle class treads water and the rich are getting richer and are the last ones to stop buying houses (interestingly the wealth disparity is now on par with the years leading up the Great Depression, think about that). So the average price is some places continues to go up even as the housing market is tanking.

"We are in business not to sell you something,..."Excuse me?

"Say bye bye to $2 trillion...http://news.yahoo.com/s/n ... 12fgE1vAI "What is this? I know its some kind of crunch... Kary can you help me out?

lt_vandyk: "To sum it up, I'm not worried until I see higher inflation."Higher then what? Its pretty fricken high right now."If that number is getting out of line with other developed nations, we need to be worried."Time to worry: http://tinyurl.com/255fr3

"Spleng.. please explain the graph-there were no titles on the axes." That was a bit obscure. It is a graph of this account deficit/surplus per nation. We are "special" in this regard: http://tinyurl.com/2dzwf8"I definitely believe it is time in the economic cycle to run a balanced budget if not a surplus." As you can see from the data and chart this will require drastic measures."Also, your comment about inflation being high is not borne out by either the CPI, PPI, or any other inflation number."The government lies. If you really believe its inflation reports you need to go here: http://www.shadowstats.com/cgi-bin/sgs?

Its hard to rebut images like these. Alpine do you crayon?

"Yeah, but according to them the world comes to an end in 2012."I'm not sure it means this, more like The World Will Undergo Some Dramatic Change that humans might perceive as their world ending. We are so self centered.