Bad News for Development

[Breadburner]

There is money to be made if you know what your doing.....

[rdj]

Isn't it ironic that a return to a simpler, more frugal lifestyle will most likely pro-long the current recession.  It makes you wonder where our economy (& GDP) would be if we hadn't spent the last 20 years ramping up personal spending & debt.

[Breadburner]

Way to many "Consumer's" in these United States......

[Conan71]

There is money to be made if you know what your doing.....

Absolutely, there's money to be made in every economy, it's not like it all vaporized, just part of it. 

One problem we have is for every binge cycle, there's a purge cycle.  We've had our finger down our throats a lot longer this time.

[Hawkins]

Brought some popcorn to this thread. A long, depressing good read. 

If the banks think a bad dip is coming, it might be about time to buy and hold the FAZ (Direxion Daily Financial Bear x3). Unfortunately, it takes balls of steel to do that, but if you had done just that in Feb of '09, you'd have doubled your money.

[Conan71]

Brought some popcorn to this thread. A long, depressing good read. 

If the banks think a bad dip is coming, it might be about time to buy and hold the FAZ (Direxion Daily Financial Bear x3). Unfortunately, it takes balls of steel to do that, but if you had done just that in Feb of '09, you'd have doubled your money.

And if I would have followed my gut and bought 10,000 shares of DTAG at .60 a share I'd have about $470,000 but nooooo, I was a wussy.