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And from that "macroeconomic" standpoint - the price of gold vs the S&P means what? It doesn't mean jack - aside from the fact that lot of people have piled into gold.
Sorry, but you are NOT looking at it from a macroeconomic standpoint. You are looking at it from a POLITICAL standpoint - and making economic judgements based on your POLITICAL philosophy.
The pridiction is bottom in 2013. but that is if it takes 14 years to bottom out this time like it did the last two times. it could take longer or shorter based on policy dicisions.
The finacial earnings were expected to be up by 183% This input is not going to be there in any way like it would have with out the fraud. The belweather has changed direction. And the flock should follow.
More ignorant silliness.
What does the GS situationl have to do with Intel's sales and profits being up?
What does it have to do with Caterpillar's sales and profits being up?
The S&P is NOT GS.
You are just thrashing around looking for SOME reason why economy will collapse.
More ignorant silliness.
What does the GS situationl have to do with Intel's sales and profits being up?
What does it have to do with Caterpillar's sales and profits being up?
The S&P is NOT GS.
You are just thrashing around looking for SOME reason why economy will collapse.
Ken
The banks provide the money for all of those changes you are talking about take the money away and the floor drops out of the economy.
The banks provide the money for all of those changes you are talking about take the money away and the floor drops out of the economy.
That's true (and that's why the economy collapsed back in 2008) - but the damage to the banks was ALREADY DONE - and has since been mitigated.
The GS case is NOT talking about something happening TODAY. It's about what GS did at the height of the housing bubble - when it was pumping out these securities.
Goldman Sachs accused of fraud and GE( owner of MSNBC) pays zero taxes, according to Drudge. Obama sure can pick 'em. I'm surprised Obama hasn't pardoned Bernard Madoff and made him a finance Czar.
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