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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Can you even name the last 3 Fed chairs without googling them? And their track record? And their policies?
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Nabwire wrote:There is culprit number one, I wont sink to calling names, but can you elaborate why Bernanke is the worst Fed chair ever? Look the whole idea of operation twist is too keep interest low...in short the Fed wants to print more money and buy short term bonds and twist the yield curve so that interest rates remain low...the idea is to prop up consumption due to increase in disposable income and provide room for an increase in taxes...it looks good on paper but in real life it wont work because it doesnt address the deficit and Americas debt problems...in the end GDP will continue to contract and unemployment will be in double digits thus dampening consumption...operation twist primary objective....now @Nabwire how do u calculate GDP? btwn America is off no interest to me...my interest is Africa and the far East...welcome the Yuan...The World's biggest ponzi will collapse and China will take over and after the dust settles farmers in Nairobi will derive Ferraris...the economic tectonic plates have changed and only fools believe politicians...so keep your America...i dont want the debt cancer!
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Please dont narrate to me what was on that link, I can read!! I asked you a very simple question, support your theory about why arguably the most powerful man on earth, is the worst yet???? Dont copy and paste for me
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Nabwire wrote:Please dont narrate to me what was on that link, I can read!! I asked you a very simple question, support your theory about why arguably the most powerful man on earth, is the worst yet???? Dont copy and paste for me Gosh u are cocky...its simple macro economics I have no time for those ponzieconomics of yours...i'm only bored thats why i'm still responding to you...i asked you how do u calculate GDP and u dont respond? What do you mean powerful??? S&P just downgraded America the other day...The power is the East...and operation twist...his save America scheme will fail and America will eventually default on its debts...
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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There you have it, he has no clue why he said Bernanke is the worst Fed chair ever, class dismissed!!!!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Nabwire wrote:There you have it, he has no clue why he said Bernanke is the worst Fed chair ever, class dismissed!!!! Read what I have written above...operation twist is politics...and it comes cos of S&P's downgrade...to me a Fed chair should not be political...u r brain washed .i'm sleepy now gud nyt.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Let it be a lesson to other people who just spew nonsense and claim to be investors, some of us know how the Market works, so just because you have a website and a catchy name, does not make you a true investor. Be careful who you take advice from, this is the same guy who hyped Britak then when it did a nosedive, he backed out claiming some guy was manipulating the numbers, so he dumped his shares. Same guy who was hyping CMC, when it got into problems, he dumped them giving outrageous excuses, I just wonder if he warned the people he is advising that he was selling his shares before the stocks tanked?? I see alot of speculators parading as investors, what you are doing is not contrarian investing, its doom & gloom prophesies, and speculating at best.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Nabwire wrote:Let it be a lesson to other people who just spew nonsense and claim to be investors, some of us know how the Market works, so just because you have a website and a catchy name, does not make you a true investor. Be careful who you take advice from, this is the same guy who hyped Britak then when it did a nosedive, he backed out claiming some guy was manipulating the numbers, so he dumped his shares. Same guy who was hyping CMC, when it got into problems, he dumped them giving outrageous excuses, I just wonder if he warned the people he is advising that he was selling his shares before the stocks tanked?? I see alot of speculators parading as investors, what you are doing is not contrarian investing, its doom & gloom prophesies, and speculating at best. You are getting personal...we should not go there...i was first person on Wazua to say do not buy Britak...2 month before it listed http://contrarianinvesti...stment-company.html?m=1 well on Cmc ask @funky she will tell you my opinions about the stock...you are new here...stick around and you will see my mistakes more...i putting my money where mouth is...i'm buying KQ.. What are u buying in America?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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I can see a lot went down here  @nabwire - thanks for your contributions, but I'll be a doom & gloom aka fearmongerer of this global ponzinomics until it is no more Call it nonsense or whatever, but I dont intend to be dragged into endless arguments. @deal - just chill out One more thing @Nabwire what do you think the market will be like after Dec 7th $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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