The 2012 Db51 Daily Dose of Doom Thread "New and Improved"

[db51]

their chops. QE3 Here we go. Oh...and on another note, Ben Stein siad we should get involved and bail out Europe so it doesn't drag us down. LMAO....W T F moments are non-stop now.
Oh....did I mention...We're Screwed.?"

MAY MESS: UNEMPLOYMENT GOES UP...
STOCKS COLLAPSE
Weak US Job Growth Threatens World Economy...
This Summer 'Eerie Echo' of Pre-Lehman...
WORLD BANK: 'Far from clear leaders ready for impending catastrophe'...

[Tom In Ont]

their chops. QE3 Here we go. Oh...and on another note, Ben Stein siad we should get involved and bail out Europe so it doesn't drag us down. LMAO....W T F moments are non-stop now.
Oh....did I mention...We're Screwed.?"

MAY MESS: UNEMPLOYMENT GOES UP...
STOCKS COLLAPSE
Weak US Job Growth Threatens World Economy...
This Summer 'Eerie Echo' of Pre-Lehman...
WORLD BANK: 'Far from clear leaders ready for impending catastrophe'...

Yep DB, I said this the other day, QE3 is almost a slam dunk!Obama will pressure them to do so just to get back into the Black House.
Wall St gangsta's need more TARP like infusions to keep the folly tea party going.
New York goes bankrupt if you taxpayers don't support that mecca of concrete jungle bailout infusion.
Ben Stein is a dic kweed, he likes the same prognosis of bailing out the Jewish state to be inflicted upon the EURO contagion mess.America's got lots.Just print away and watch gold go to the stratosphere.

[db51]

and you can bet - ag commodities will go south. We're screwed

[Tom In Ont]

DB, We currently have a global contagion situation that is careening out of control. All eyes are on the FED'sters that are *****ed.Gold is where folks should be placing there bets right now. Gold miners have been the sector that most have loved to hate the most which possess the best bargains available out there.
My guess BB will go down hard when the fall election arrives.He will be the fall guy and GW can't take the heat for this one anymore.

[Tom In Ont]

this is the exact road the US is heading down:

The Nikkei Index is not at a new low, however the Economic Times reports Tokyo Broader Markets Hit 28-year Low Amid Global Rout

TOKYO: Asian shares tumbled on Monday, pushing the broader Tokyo market to a 28-year low, as investors extended a rout of global stocks and worried about a nightmare scenario of euro-zone breakup, U.S. economic relapse and a sharp slowdown in China.

Tokyo's broader Topix index lost 2.1 percent to 693.35, a level not seen since late 1983, as Asian markets plumbed new lows for 2012. Japan's Nikkei average fell 2 percent after last week marking its ninth straight week of losses, the longest such losing streak run in 20 years.

"It's not an issue of risk-on or risk-off anymore, it's nervousness all over until a clear direction emerges on a long-term trend," said Hisamitsu Hara, chief FX manager at Bank of Tokyo-Mitsubishi UFJ.