Sunday, March 22, 2009

Here's some scary stats

For the last couple of years I've been following these financial gurus (I hate using that term with these guys since they have been spot on about the economy unlike what we're heard on the boob tube). Invictus, Bondad and the not so technical Monkeyfister have given me a better insite into the markets than any financial cheerleaders from CNBC or even Bloomberg. While the TV talking heads were touting how we wouldn't see a recession or if we did it would be a mild and short lived event, my guys via Blah3 were telling us to find a mountain to hide under. While Cramer (Mr. pump and dump) was telling us to buy buy buy (insert your own sound effects) the Blah three guys were saying sell sell sell and find safer ground for your nest egg. So while those of the upper crust were loosing their life savings to clowns like Bernie Madeoff (I call him that because he sure did made off with the money) a bunch of us little guys have our funds stashed in safe places. That is unless the whole system goes down in which case we're all screwed.
With the above introduction Invictus (hat tip to him) gave the charts below for your consideration via the Fed:






Sad to report that things will not get better no matter what the cheerleaders of CNBC want you to believe. The firings will continue until like the bumblers that they are realize that they've shot themselves in the foot. That they have fired their own customer base and no one will be running to their doors to buy products they really don't need unless it's food. Even the wealthy are lowering themselves to poking their heads into WalMart.
So where does all this info leave the average guy? After reading most of the stimilus bill I'd say there"ll be a slight uptick in the economy by mid July followed by more bad news until spring of 2010 at the very earliest. But as anyone knows a lot can happen between now and then.

Until then keep your drums upright.

2 comments:

BBC said...

So where does all this info leave the average guy?

If that average guy, or gal, is thinking right, spading up a garden.

Recycling, dumpster diving, whatever it takes.

I haven't done the garden thing yet, but I'm not in a position where I need too, yet.

You want to make sure you have enough food? Help at a food bank once or twice a week, they will send you home with all the food you need.

That is just how it works, folks take care of their own first.

Anonymous said...

zelnorm star lawsuit zelnorm manual zelnorm attorney attorney drug zelnorm lawsuit was zelnorm taken tegaserod doctor zelnorm colitis zelnorm service irritable bowel syndrome dosing order zelnorm free irritable bowel syndrome mechanism tegaserod maleate package ibs zelnorm bio treatment as tegaserod 3 mg lotronex cheap zelnorm ibs c certified 2 administration [url=http://www.box.net/shared/aurxfk05ae]where can i buy zelnorm drugs
[/url] tegaserod advert miralax training novartis removed zelnorm michelle rodriguez off the zelnorm international bible society off the novartis online ibs back on the tegaserod chronic idiopathic constipation caught off zelnorm production smoke zelnorm zelnorm outlook miralax 6 mg generic last minute chronic idiopathic constipation online buy cheap lotronex downloadable zelnorm 6 mg tegaserod online