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Fan Life => The Endzone Dive => Topic started by: steve dave on October 11, 2008, 12:09:42 AM

Title: Economy
Post by: steve dave on October 11, 2008, 12:09:42 AM
Anyone freaked out?   :dunno:
Title: Re: Economy
Post by: WildCatzPhreak on October 11, 2008, 12:12:57 AM
It's gonna get worse before it gets better.  But not nearly as bad as some are predicting.
Title: Re: Economy
Post by: steve dave on October 11, 2008, 12:22:23 AM
It's gonna get worse before it gets better.  But not nearly as bad as some are predicting.

society:  :runaway:
sd:  :runaway:
mrs. dave (works in public sector with govt. money):   :sleep:
Title: Re: Economy
Post by: KCcat28 on October 11, 2008, 12:37:56 AM
The only good thing about this whole mess it that gas prices are falling  :thumbsup: enjoy that part of it while you can. Down to 2.71 now here in KC!
Title: Re: Economy
Post by: WildCatzPhreak on October 11, 2008, 12:51:28 AM
I'm thinking I should probably get a gov job  :ohno:
Title: Re: Economy
Post by: AzCat on October 11, 2008, 01:17:07 AM
It's gonna get worse before it gets better.  But not nearly as bad as some are predicting.

Depends on who gets elected.  Could be the 30s all over again if politicians make stupid decisions like they did back then.
Title: Re: Economy
Post by: steve dave on October 11, 2008, 01:19:18 AM
Depends on who gets elected. 

Meaningless  :rolleyes:
Title: Re: Economy
Post by: AzCat on October 11, 2008, 01:23:47 AM
Depends on who gets elected. 

Meaningless  :rolleyes:

Higher vs lower taxes; more vs less regulation; free trade vs protectionism.  It's hardly meaningless.   :rolleyes:
Title: Re: Economy
Post by: steve dave on October 11, 2008, 01:27:46 AM
Depends on who gets elected. 

Meaningless  :rolleyes:

Higher vs lower taxes; more vs less regulation; free trade vs protectionism.  It's hardly meaningless.   :rolleyes:

Which side of those is the administration we have now?  You may be right.
Title: Re: Economy
Post by: Del Tremens on October 11, 2008, 01:30:14 AM
Nope.  Excellent opp. for youngsters to buy some high quality stocks at a deep discount.  Young prof.'s with some extra cash laying around could go a long ways toward securing their retirement with some well-placed stock buys pretty soon.  Prob. wait a little while yet, but there's some nice $$$ to be made.

 :dancin:
Title: Re: Economy
Post by: steve dave on October 11, 2008, 01:36:51 AM
Nope.  Excellent opp. for youngsters to buy some high quality stocks at a deep discount.  Young prof.'s with some extra cash laying around could go a long ways toward securing their retirement with some well-placed stock buys pretty soon.  Prob. wait a little while yet, but there's some nice $$$ to be made.

 :dancin:

d00d, I'm in my 20s but it's scary nonetheless. And don't fool yourself into trying to time the market.  I remember Jeffy (not to pick on him) saying a couple months ago "buy, buy, buy" when he thought the bottom was here.  I would be the last person you would have to explain bottom indicators to fwiw :peek: .  Scary nonetheless.
Title: Re: Economy
Post by: AzCat on October 11, 2008, 01:37:55 AM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:
Title: Re: Economy
Post by: steve dave on October 11, 2008, 01:40:02 AM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:

It's over bro, the sooner you let it go the easier it will be.
Title: Re: Economy
Post by: AzCat on October 11, 2008, 01:47:28 AM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:

It's over bro, the sooner you let it go the easier it will be.

I've said it before and I'll say it again: there's plenty of $$$ to be made no matter who wins but I'd rather invest in positives than bet on negatives.  Otherwise it's mostly irrelevant who's in office. 
Title: Re: Economy
Post by: WildCatzPhreak on October 11, 2008, 01:53:14 AM
A depression would work well for me.  Have saved up money, could invest in very cheap securities and ride them on their way back up.
Title: Re: Economy
Post by: steve dave on October 11, 2008, 01:54:39 AM
Can you even imagine the kind of money that was made today with the volatility?  I'm the first to make fun of daytraders but there were some mlnrs made today.
Title: Re: Economy
Post by: steve dave on October 11, 2008, 01:55:27 AM
A depression would work well for me.  Have saved up money, could invest in very cheap securities and ride them on their way back up.

Good for you bro.  How long have you been saving?
Title: Re: Economy
Post by: sonofdaxjones on October 11, 2008, 08:00:25 AM
No doubt, somebody could have bought on the lows and bam, been up big an hour later. 

Some folks made out like bandits yesterday.

Title: Re: Economy
Post by: Rick Daris on October 11, 2008, 10:52:00 AM
Not really freaked out. Govt job that would take an act of congress to get rid of. I'm pretty safe.  :users:
Title: Re: Economy
Post by: Kat Kid on October 11, 2008, 12:11:00 PM
Teaching certificate/Peace Corps/two great 21st century resumes in the making that will ride the old sow's tat

I'll be back in a couple years when y'all have everything sorted out.  Or not.
Title: Re: Economy
Post by: Rick Daris on October 11, 2008, 12:13:08 PM
Teaching certificate/Peace Corps/two great 21st century resumes in the making that will ride the old sow's tat

I'll be back in a couple years when y'all have everything sorted out.  Or not.

You should screw the peace corps and just move to New Zealand and hang  8-)
Title: Re: Economy
Post by: steve dave on October 11, 2008, 12:30:36 PM
Teaching certificate/Peace Corps/two great 21st century resumes in the making that will ride the old sow's tat

I'll be back in a couple years when y'all have everything sorted out.  Or not.

You should screw the peace corps and just move to New Zealand and hang  8-)

I know a guy that is doing that.  Do you know him?
Title: Re: Economy
Post by: Rick Daris on October 11, 2008, 12:53:23 PM
Teaching certificate/Peace Corps/two great 21st century resumes in the making that will ride the old sow's tat

I'll be back in a couple years when y'all have everything sorted out.  Or not.

You should screw the peace corps and just move to New Zealand and hang  8-)

I know a guy that is doing that.  Do you know him?

I was about 90% sure I was going to do it a year ago, even met with a New Zealander who recruits people to move to New Zealand and do what I do about a year ago. Still have his card in my wallet. Bought books, researched where we wanted to live, prices, how much cars are, how much it costs to bring a pet over, etc.

Then the wife got pregnant, sweet job opened up in MHK.......

If you are fairly young and have a college degree, New Zealand will let you in. Especially people w/ specialties like teachers.

Title: Re: Economy
Post by: Kat Kid on October 11, 2008, 12:58:40 PM
Teaching certificate/Peace Corps/two great 21st century resumes in the making that will ride the old sow's tat

I'll be back in a couple years when y'all have everything sorted out.  Or not.

You should screw the peace corps and just move to New Zealand and hang  8-)

I know a guy that is doing that.  Do you know him?

I was about 90% sure I was going to do it a year ago, even met with a New Zealander who recruits people to move to New Zealand and do what I do about a year ago. Still have his card in my wallet. Bought books, researched where we wanted to live, prices, how much cars are, how much it costs to bring a pet over, etc.

Then the wife got pregnant, sweet job opened up in MHK.......

If you are fairly young and have a college degree, New Zealand will let you in. Especially people w/ specialties like teachers.



Anything in specific good about kiwi?
Title: Re: Economy
Post by: sys on October 11, 2008, 02:49:48 PM
even met with a New Zealander who recruits people to move to New Zealand and do what I do about a year ago.


If you are fairly young and have a college degree, New Zealand will let you in. Especially people w/ specialties like teachers.

what do you do?  does the guy recruit people that do other things?  how young?  i'm looking for new country.
Title: Re: Economy
Post by: steve dave on October 11, 2008, 05:40:41 PM
even met with a New Zealander who recruits people to move to New Zealand and do what I do about a year ago.


If you are fairly young and have a college degree, New Zealand will let you in. Especially people w/ specialties like teachers.

what do you do?  does the guy recruit people that do other things?  how young?  i'm looking for new country.

sys has lived everywhere fwiw
Title: Re: Economy
Post by: opcat on October 11, 2008, 06:33:00 PM
They say it will be recession.

I want to see what happens to credit with new rules in place.

Most of this fear is due to credit.

We shouldn't have bailed out these crooked greedy companies.  Just made credit liquid again.
Title: Re: Economy
Post by: MOKSUAZ on October 11, 2008, 08:49:34 PM
MOKSUAZ =  :runaway: :runaway: :runaway: . got laid off about 3 weeks ago, bought a house 10 months ago, etc.  so yeahs, freaking out may be an understatement.
Title: Re: Economy
Post by: jeffy on October 11, 2008, 11:35:17 PM
Nope.  Excellent opp. for youngsters to buy some high quality stocks at a deep discount.  Young prof.'s with some extra cash laying around could go a long ways toward securing their retirement with some well-placed stock buys pretty soon.  Prob. wait a little while yet, but there's some nice $$$ to be made.

 :dancin:

d00d, I'm in my 20s but it's scary nonetheless. And don't fool yourself into trying to time the market.  I remember Jeffy (not to pick on him) saying a couple months ago "buy, buy, buy" when he thought the bottom was here.  I would be the last person you would have to explain bottom indicators to fwiw :peek: .  Scary nonetheless.

And I'd still buy buy buy.  By the time I retire, it'll be higher that where I bought then and higher than where I am buying now.  You can thank me for not allowing the stock market to completely tank, by continuing to contribute to the cause.
Title: Re: Economy
Post by: Rick Daris on October 12, 2008, 03:50:50 PM
Teaching certificate/Peace Corps/two great 21st century resumes in the making that will ride the old sow's tat

I'll be back in a couple years when y'all have everything sorted out.  Or not.

You should screw the peace corps and just move to New Zealand and hang  8-)

I know a guy that is doing that.  Do you know him?

I was about 90% sure I was going to do it a year ago, even met with a New Zealander who recruits people to move to New Zealand and do what I do about a year ago. Still have his card in my wallet. Bought books, researched where we wanted to live, prices, how much cars are, how much it costs to bring a pet over, etc.

Then the wife got pregnant, sweet job opened up in MHK.......

If you are fairly young and have a college degree, New Zealand will let you in. Especially people w/ specialties like teachers.



Anything in specific good about kiwi?

Good things for me were...
1-they speak english
2-they don't hate americans
3-their govt would have let me in and allowed me to work
4-weather, outdoorsy stuff, beach, mountains/skiing, hiking, camping, etc.

Check out this website. Pretty interactive and gives you a decent layout of the north and south islands. Places I liked were Nelson/Marlborough on the south island and Hawkes Bay/Napier on the north. They are the two big wine growing regions...lot's of sun and located right on the ocean. Also only a couple hours drive during the winter to ski if you wanted.

http://www.newzealand.com/travel/USA/
Title: Re: Economy
Post by: Rick Daris on October 12, 2008, 03:54:19 PM
even met with a New Zealander who recruits people to move to New Zealand and do what I do about a year ago.


If you are fairly young and have a college degree, New Zealand will let you in. Especially people w/ specialties like teachers.

what do you do?  does the guy recruit people that do other things?  how young?  i'm looking for new country.

I'm in healthcare but they will let most people in if you are somewhat young (under 40?) and have a college degree. What they don't want are unskilled workers or older people who are just going to be retiring and milking the system. You have to have a certain number of points to qualify and there are online places which pretty much give you a good idea of how many you have. Also, the govt has a list of areas of need and if you're in one of those then they make it really easy (fast track you).
Title: Re: Economy
Post by: steve dave on October 13, 2008, 08:24:06 AM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:

It's over bro, the sooner you let it go the easier it will be.

I've said it before and I'll say it again: there's plenty of $$$ to be made no matter who wins but I'd rather invest in positives than bet on negatives.  Otherwise it's mostly irrelevant who's in office. 

http://news.yahoo.com/s/ap/20081013/ap_on_bi_ge/eu_sweden_nobel_economics

Title: Re: Economy
Post by: pissclams on October 13, 2008, 08:52:23 AM
i think that paul looks like an older balls version of kat kid

(http://d.yimg.com/us.yimg.com/p/ap/20081013/capt.df2b055ecef3491c9cc97299d60c9dcb.sweden_nobel_economics_ny107.jpg?x=180&y=254&q=85&sig=KJzkTPdmxeb7lyOBlYLnyA--)
congrats on your medal kat kid paul!
Title: Re: Economy
Post by: Kat Kid on October 13, 2008, 07:22:53 PM
i think that paul looks like an older balls version of kat kid

(http://d.yimg.com/us.yimg.com/p/ap/20081013/capt.df2b055ecef3491c9cc97299d60c9dcb.sweden_nobel_economics_ny107.jpg?x=180&y=254&q=85&sig=KJzkTPdmxeb7lyOBlYLnyA--)
congrats on your medal kat kid paul!

I wish.  Look at that magnificent beard!  It is magnificent!
Title: Re: Economy
Post by: AzCat on October 13, 2008, 09:32:11 PM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:

It's over bro, the sooner you let it go the easier it will be.

I've said it before and I'll say it again: there's plenty of $$$ to be made no matter who wins but I'd rather invest in positives than bet on negatives.  Otherwise it's mostly irrelevant who's in office. 

http://news.yahoo.com/s/ap/20081013/ap_on_bi_ge/eu_sweden_nobel_economics

Would that be the same Nobel Foundation that, during the 1930s, presented numerous awards to the movers and shakers at the League of Nations for their efforts aimed towards global peace ... and which was subsequently unable to make awards during the early 1940s because, y'know, Stockholm was occupied by the Nazis?  And the same organization which, having learned little from the 1930s gave the 1945 Peace Prize to Cordell Hull (rather than Harry S Truman whose courageous decisions to bomb Hiroshima and Nagasaki did far more for global peace than the LON or UN every did or will).  That one? 
Title: Re: Economy
Post by: steve dave on October 13, 2008, 09:37:46 PM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:

It's over bro, the sooner you let it go the easier it will be.

I've said it before and I'll say it again: there's plenty of $$$ to be made no matter who wins but I'd rather invest in positives than bet on negatives.  Otherwise it's mostly irrelevant who's in office. 

http://news.yahoo.com/s/ap/20081013/ap_on_bi_ge/eu_sweden_nobel_economics

Would that be the same Nobel Foundation that, during the 1930s, presented numerous awards to the movers and shakers at the League of Nations for their efforts aimed towards global peace ... and which was subsequently unable to make awards during the early 1940s because, y'know, Stockholm was occupied by the Nazis?  And the same organization which, having learned little from the 1930s gave the 1945 Peace Prize to Cordell Hull (rather than Harry S Truman whose courageous decisions to bomb Hiroshima and Nagasaki did far more for global peace than the LON or UN every did or will).  That one? 

You know, the only one.   :dunno:
Title: Re: Economy
Post by: AzCat on October 13, 2008, 09:39:01 PM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:

It's over bro, the sooner you let it go the easier it will be.

I've said it before and I'll say it again: there's plenty of $$$ to be made no matter who wins but I'd rather invest in positives than bet on negatives.  Otherwise it's mostly irrelevant who's in office. 

http://news.yahoo.com/s/ap/20081013/ap_on_bi_ge/eu_sweden_nobel_economics

Would that be the same Nobel Foundation that, during the 1930s, presented numerous awards to the movers and shakers at the League of Nations for their efforts aimed towards global peace ... and which was subsequently unable to make awards during the early 1940s because, y'know, Stockholm was occupied by the Nazis?  And the same organization which, having learned little from the 1930s gave the 1945 Peace Prize to Cordell Hull (rather than Harry S Truman whose courageous decisions to bomb Hiroshima and Nagasaki did far more for global peace than the LON or UN every did or will).  That one? 

You know, the only one.   :dunno:

Yes, the left-wing advocacy group in Stockholm. 
Title: Re: Economy
Post by: Kat Kid on October 13, 2008, 10:14:22 PM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:

It's over bro, the sooner you let it go the easier it will be.

I've said it before and I'll say it again: there's plenty of $$$ to be made no matter who wins but I'd rather invest in positives than bet on negatives.  Otherwise it's mostly irrelevant who's in office. 

http://news.yahoo.com/s/ap/20081013/ap_on_bi_ge/eu_sweden_nobel_economics

Would that be the same Nobel Foundation that, during the 1930s, presented numerous awards to the movers and shakers at the League of Nations for their efforts aimed towards global peace ... and which was subsequently unable to make awards during the early 1940s because, y'know, Stockholm was occupied by the Nazis?  And the same organization which, having learned little from the 1930s gave the 1945 Peace Prize to Cordell Hull (rather than Harry S Truman whose courageous decisions to bomb Hiroshima and Nagasaki did far more for global peace than the LON or UN every did or will).  That one? 

You know, the only one.   :dunno:

Yes, the left-wing advocacy group in Stockholm. 

you do know how winners are selected, right?
Title: Re: Economy
Post by: AzCat on October 13, 2008, 10:38:38 PM
If one candidate wins in November the worst will be over; if the other wins much worse lies ahead.  But in a democratic nation we get the government we deserve.   :flush:

It's over bro, the sooner you let it go the easier it will be.

I've said it before and I'll say it again: there's plenty of $$$ to be made no matter who wins but I'd rather invest in positives than bet on negatives.  Otherwise it's mostly irrelevant who's in office. 

http://news.yahoo.com/s/ap/20081013/ap_on_bi_ge/eu_sweden_nobel_economics

Would that be the same Nobel Foundation that, during the 1930s, presented numerous awards to the movers and shakers at the League of Nations for their efforts aimed towards global peace ... and which was subsequently unable to make awards during the early 1940s because, y'know, Stockholm was occupied by the Nazis?  And the same organization which, having learned little from the 1930s gave the 1945 Peace Prize to Cordell Hull (rather than Harry S Truman whose courageous decisions to bomb Hiroshima and Nagasaki did far more for global peace than the LON or UN every did or will).  That one? 

You know, the only one.   :dunno:

Yes, the left-wing advocacy group in Stockholm. 

you do know how winners are selected, right?

Sure: 1) a bunch of lefty university eggheads and various assorted far lefty others primarily from Scandinavian countries are sent nomination forms; 2) upon return of the nomination forms to the Economics Prize Committee, every form nominating any centrist, right-of-center, or only moderately left-of-center person is burned; 3) from the remaining forms The Royal Swedish Academy of (lefty, egghead academic) Sciences chooses some left-wing goon who is presently recycling the failed ideas of Karl Marx.  Or at least that's how the Economics Price (which isn't actually a Nobel Prize BTW) is awarded.  :users:
Title: Re: Economy
Post by: da govna on October 14, 2008, 12:02:46 AM
Quote
the prize will enhance visibility, but I hope it does not lead me into going to a lot of purely celebratory events, aside from the Nobel presentation itself.

Quote
Krugman was asked about China's economic future. He said he did not have an answer. "I've spent the last few years trying to save my own damn republic," Krugman said.

does anybody else see right through these comments?