GatewayRedbirds.com

Ponzi or Fonzie?

Leroy wrote:Ponzi or Fonzie?

So I've jumped the shark?

The dow could close back near 9000 today. Our economic crisis is over!

Not that I agree with this guy. As a matter of fact, I think he's a twit. But, there are some interesting points he makes. The largest point that I like yet he barely touches are the great yield percentages you can get right now.

http://articles.moneycentral.msn.com/le ... nvest.aspx

heyzeus wrote:The dow could close back near 9000 today. Our economic crisis is over!

If I could get a second mortgage, I'd plow it all into the stock market.

sighyoung wrote:

heyzeus wrote:The dow could close back near 9000 today. Our economic crisis is over!

If I could get a second mortgage, I'd plow it all into the stock market.

Were you being serious?

AWvsCBsteeeerike3 wrote:

sighyoung wrote:

heyzeus wrote:The dow could close back near 9000 today. Our economic crisis is over!

If I could get a second mortgage, I'd plow it all into the stock market.

Were you being serious?

Naw. I think my humor's been too dry lately.

The Fed has reduced their target for overnight interbank lending to zero (actually 0-0.25%). I don't think it's ever been this low before. Is this target actually even achievable? Will there be any effect on the real economy?

Arthur Dent wrote:The Fed has reduced their target for overnight interbank lending to zero (actually 0-0.25%). I don't think it's ever been this low before. Is this target actually even achievable? Will there be any effect on the real economy?

Let's solve our problem of a popped bubble caused by flooding the market with liquidity...by flooding the market with liquidity.

Wash
Rinse
Repeat

3rd times the charm, right? We're smarter now.

TimeForGuinness wrote:

Arthur Dent wrote:The Fed has reduced their target for overnight interbank lending to zero (actually 0-0.25%). I don't think it's ever been this low before. Is this target actually even achievable? Will there be any effect on the real economy?

Let's solve our problem of a popped bubble caused by flooding the market with liquidity...by flooding the market with liquidity.

Wash
Rinse
Repeat

3rd times the charm, right? We're smarter now.

I think the difference is the banks aren't using this liquidity to give out 400K dollar loans to people making 40K a year.