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SPDR S&P 500 ETF Message Board

  • marketeer1001 marketeer1001 May 4, 2013 11:16 PM Flag

    Bernanke Studied Depression, Because He is going to CREATE ONE

    The first leg down was NOT Powerful Enough to create one

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    • So somehow Bernanke figured out something that all the greatest minds in history were unable to? You mean, nobody else figured out that all you ever had to do to create wealth and avoid economic depressions was just print money???

      Oh, wait a minute, come to think of it THIS HAS BEEN TRIED--and EVERY single time in history it has failed MISERABLY. Yes, Ben's particular version of the game is more crafty and has gone on longer than any of the ones before it--and, yes, it sure looks like it can go on much longer--BUT, in the end, you can't create something real out of nothing, no matter how hard you fart on it.

      The next depression won't be called The Great Depression 2.0, but more likely, The Great Suicide.

      • 1 Reply to imuffin4
      • As a two term United State's military Veteran, the United State's has ten time's the military force of the next strongest country... China. America will be a net exporter of oil lin the future, thank's to fracking. America is the best country in the world. These doomsayer's want only to make money for themselve's. Mr. Limbaugh refused to serve our United State's military.

    • You have got it wrong Mark. Mr. Bernanke studied the depression of the 1930's and he has vowed, in my thinking, to not let it happen. A depression is not good for any American. There is an ole saying that goes, Do not fight The Federal Reserve. On a short term "trading" thing we may have to fill that gap strong openning on Friday. My ira account is currently 70% in cash. I sold some stock's toward the close of trading on Friday.

      • 1 Reply to baileydon57
      • Don, you are WAY off base. The Bernack is complicit to monetary suicide. I like to look at who has skin in the game. Listen to the opinions of Hedgies, right or wrong, and compare them to the opinions of the academia and economist, who are always wrong.

        All i know is that i just drew a trendline on a monthly 20 year S&PO chart for the last 6 months and it's steeper than anything we saw in the 2000/2007 bubble climbs. Without getting too emotional, that speaks volumes...

 
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