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A comprehensive article explaining how the financial markets are in severe danger. An exhaustive document with over 20 links of supporting articles and arguments.

 

There is strong evidence that America's economic trends and outlook may be far more serious than has been generally reported in the national media. Prudent investors need to be aware of the full spectrum of bear case arguments, even if it is hard to prove the validity of certain trends or understand when or where they might reach a "tipping point" where they could fully impact the economy and market. All of that having been said, this report explains why I think it is likely the market will continue to significantly decline over the next couple of years or longer.

 

Bear Case Overview

 

I read this and others repeatedly for trading education purposes.

 

Of particular note is the date of this article, about two weeks before a massive turn date is due.

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Vanished, without a trace......

 

No impact on financial markets whatsoever.

 

 

 

4:58pm 01/13/06

 

Refco's board of directors resigns (RFXCQ) By Ruth Mantell

 

SAN FRANCISCO (MarketWatch) -- Refco Inc. (RFXCQ) after Friday's closing bell said its entire board of directors has resigned.

yup

 

they're resigned all right

 

resigned to accepting 10 years with their playful fun-loving prison cell-block leader

 

:lol:

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Economic theory is so ad lib.? :lol:

 

 

 

 

And occasionally...INSANE... :o

 

"The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation." - Ben S. Bernanke

yes government can reduce the value of a dollar

 

butt they can't increase it

 

inflation is easy to start, hard to stop

 

they'll have to crank rates back to 20% :)

 

and that applies to A.R.M.'s too :) :)

 

oh, this is gonna be great :) :) :)

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"Oh sure, Joe, we can re-fi you and still keep it interest-only to minimize your monthly payment, don't worry about that!

 

And there's no points, no fees of absolutely any kind whatsoever, period. You can trust us here at Kitchen Table Equity Mortgage.

 

Anybody can give you the best rate, but we strive to service you better than anyone else, because we want to keep servicing you for the rest of your life. :D

 

Let's see, your 3.33% teaser rate that just expired will be adjusted to 20.00% so your monthly mortgage payment will be adjusted from $2,850 to $17,100 per month.

 

Now is there any other way I can service you today, sir?"

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"Hello, Joe. This is Mark Vice down at Kitchen Table Equity Mortgage.

 

Yes. Yes. Listen Joe, it's come to our attention that you missed one of your payments to another creditor.

 

According to 'University Coed Escorts, Inc.' your $1,500 check arrived in their office at 2:30 pm yesterday and it was due at 1:00 pm.

 

Yes Joe, I understand that, but there's nothing I can...

 

Joe.....Joe, listen.....We're going to have to adjust you up to 27.99% so that will adjust your monthly payment up to $23,931.45 but remember Joe no points no fees!

 

Yes, well......I'm....I'm sorry, Joe...you...you have a nice day. Goodbye."

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Fund Stars Don't Like This Ride Managers With Top 10-Year Runs Fall Short for 12-Month Period; A Tricky Time for Large-Caps

 

By DIYA GULLAPALLI and SHEFALI ANAND

Staff Reporters of THE WALL STREET JOURNAL

 

Even the best mutual-fund manager can have a lousy 12 months.

 

In an unusual development, several top managers in the large-company "value" category posted lousy returns last year

don't they know the secret?

 

How to Beat the S&P Every Year

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Eating lunch today I was amused by the conversation at the next table. A woman opined that the real estate market would pick up in the spring... because it always does. She went on to discuss something about a refi of Granny's house so that another family member could buy a home.

 

ALL ABOARD, final call for the next train to Suckerville.

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