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The Worst Recession in 40 years - Roubini

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  • The Worst Recession in 40 years - Roubini

    In 1968, we had this:



    In 2008, we have this:



    ...hmm I think I prefer 2008 best.

    Part 1:


    Part 2:

  • #2
    Re: The Worst Recession in 40 years - Roubini

    Unless one is reading Roubini's site and keeping up with his thoughts there, these 16 minutes are jam packed with bad, bad, bad news.
    Jim 69 y/o

    "...Texans...the lowest form of white man there is." Robert Duvall, as Al Sieber, in "Geronimo." (see "Location" for examples.)

    Dedicated to the idea that all people deserve a chance for a healthy productive life. B&M Gates Fdn.

    Good judgement comes from experience; experience comes from bad judgement. Unknown.

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    • #3
      Re: The Worst Recession in 40 years - Roubini

      Originally posted by Jim Nickerson View Post
      Unless one is reading Roubini's site and keeping up with his thoughts there, these 16 minutes are jam packed with bad, bad, bad news.
      Jim, as you know, in 1968 I was not around; so of course I prefer 2008. Regardless how bad it is.

      I just want to point out the total collapse of the $CAD and $AU over the past month.

      So, Outback Oracle, if you are with me here and invested in gold; you made some good $$$ in these crazy times!

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      • #4
        Re: The Worst Recession in 40 years - Roubini

        Largo.....I followed my own advice and was invested in miners!!! I'd made a lot of money for little investment, and taxation was a major consideration. That problem has been fixed of late!!!
        Fred tried to warn me personally!!!!!
        My other main offshore investment has been Canadian Energy trust! Mind you your dollar not down as much as ours!

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        • #5
          Re: The Worst Recession in 40 years - Roubini

          Outback Crocodile -

          You've got mail matey.

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          • #6
            Re: The Worst Recession in 40 years - Roubini

            Originally posted by Lukester View Post
            Outback Crocodile -
            he he this one is pretty witty.
            Last edited by LargoWinch; October 16, 2008, 07:02 AM.

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            • #7
              Re: The Worst Recession in 40 years - Roubini

              Originally posted by The Outback Oracle View Post
              Largo.....I followed my own advice and was invested in miners!!! I'd made a lot of money for little investment, and taxation was a major consideration. That problem has been fixed of late!!!
              Fred tried to warn me personally!!!!!
              My other main offshore investment has been Canadian Energy trust! Mind you your dollar not down as much as ours!
              Outback, please don't tell me you pilled up into the Canadian Sand Trust unit?

              They got hammered with a capital "H" today and all the other days this month....

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              • #8
                Re: The Worst Recession in 40 years - Roubini

                Crescent Point....as of Tuesday I was still well ahead and getting better than 10% dividends!
                If they go down I'll buy more one day...when i find some money!

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                • #9
                  Re: The Worst Recession in 40 years - Roubini

                  Luke and I good mates!

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