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Old 16 February 2009, 04:50 PM   #1
gmh1013
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Worst economic collapse ever

http://www.youtube.com/watch?v=9nJ7LM3iyNg

The new economic storm ....commercial real estate
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Old 16 February 2009, 05:20 PM   #2
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Quote:
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http://www.youtube.com/watch?v=9nJ7LM3iyNg

The new economic storm ....commercial real estate
Thanks for posting the link, it was very interesting.
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Old 16 February 2009, 05:30 PM   #3
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Thanks for posting the link, it was very interesting.

When I go home to AZ its already starting there (commercial real estate)....I have been preaching this for 6 months...and trying to get a hedge fund....should make billions
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Old 16 February 2009, 05:41 PM   #4
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When I go home to AZ its already starting there (commercial real estate)....I have been preaching this for 6 months...and trying to get a hedge fund....should make billions
I guess if you have the money now is the time to start looking for those future investments.
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Old 16 February 2009, 07:45 PM   #5
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Another know-it-all. I don't know a lot about the economy, but for him to say that the collapse in commercial real estate will be much worse than has happened in the mortgage market leads me to believe that he doesn't know any more than I do.

My guess is that he has a vested interest in fearmongering--like maybe a book for sale?
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Old 16 February 2009, 11:15 PM   #6
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China recovering

China has began to recover this month after spending USD700 stimulus last December.
USA to recover next?
V shape recovery?
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Old 16 February 2009, 11:23 PM   #7
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That guy is a wacko. He makes it sound like the world is going to end.
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Old 16 February 2009, 11:25 PM   #8
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Eh. Everyone has an opinion these days.
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Old 17 February 2009, 12:29 AM   #9
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Do some research on Gerald Celente. Unfortunately, his track record for predicting trends has been pretty solid for almost 30 years.
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Old 17 February 2009, 12:38 AM   #10
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Thanks for sharing Al...the whole world is suffering..US might be doing its own share...I think US has to do better it make take awhile but US has to recover first then everything will follow....a lot of this countries are relying on US economy..and all i know it will take years for the US to recover
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Old 17 February 2009, 01:43 AM   #11
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Quote:
Originally Posted by Hatchet View Post
Another know-it-all. I don't know a lot about the economy, but for him to say that the collapse in commercial real estate will be much worse than has happened in the mortgage market leads me to believe that he doesn't know any more than I do.

My guess is that he has a vested interest in fearmongering--like maybe a book for sale?
As stated below....he has a pretty good track record of the past 30 years.
I really think the current financial mess is worst than they are letting on.
I forgot who but one senator referred to the current crisis as a "financial holocaust"
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Old 17 February 2009, 02:02 AM   #12
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I'm not ready to throw myself off the Tobin Bridge yet.

I agree that we need to innovate and start manufacturing tangible 'products' again here in the US. Education in the sciences needs to be encouraged.
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Old 17 February 2009, 02:04 AM   #13
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Self-fulfilling prophecy. You believe it, it will happen.
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Old 17 February 2009, 02:47 AM   #14
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China has began to recover this month after spending USD700 stimulus last December.
USA to recover next?
V shape recovery?
700USD to kick start the recovery? Ask the President if he will take a check. This one is on me.
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Old 17 February 2009, 02:55 AM   #15
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That guy is a wacko. He makes it sound like the world is going to end.
It already has...as we know it
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Old 17 February 2009, 02:55 AM   #16
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Do some research on Gerald Celente. Unfortunately, his track record for predicting trends has been pretty solid for almost 30 years.

Correct Sir
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Old 17 February 2009, 03:45 AM   #17
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Correct Sir
Mike, Al & Greg- you guys are dead on.

I have been trying to avoid posting in this thread. I think I will continue to read along before commenting further.
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Old 17 February 2009, 03:51 AM   #18
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it will all work out... there will always be tough times it's the only way to learn(well some to learn from)
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Old 17 February 2009, 04:11 PM   #19
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Self-fulfilling prophecy. You believe it, it will happen.

Totally agree. The media is not helping in all this with the constant fear mongering.
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