Comments on: World Economy: Negative Growth – Or Positive Collapse? http://dailyreckoning.com/world-economy-negative-growth-or-positive-collapse/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 04:42:35 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: miriam http://dailyreckoning.com/world-economy-negative-growth-or-positive-collapse/#comment-2125 miriam Tue, 10 Mar 2009 00:10:16 +0000 http://dailyreckoning.com/?p=12284#comment-2125 Bill, For those of us who took your advice and got out of the market or just have a lot of cash right now, I hope you'll advise us as to when to get in, and into what? Everything sort of seems cheap right now, but then again many companies seem to be at risk of going under altogether, so it's hard to know where to put this money that survived through the crash so far? Are commodities and emerging markets the way to go? Thanks, and thanks for the incredible and eloquently written articles! Bill,

For those of us who took your advice and got out of the market or just have a lot of cash right now, I hope you’ll advise us as to when to get in, and into what? Everything sort of seems cheap right now, but then again many companies seem to be at risk of going under altogether, so it’s hard to know where to put this money that survived through the crash so far? Are commodities and emerging markets the way to go? Thanks, and thanks for the incredible and eloquently written articles!

]]> By: StingingNettle http://dailyreckoning.com/world-economy-negative-growth-or-positive-collapse/#comment-2117 StingingNettle Mon, 09 Mar 2009 23:06:36 +0000 http://dailyreckoning.com/?p=12284#comment-2117 I'm thinking "Erich Hansen PhD" is upset and not taking Bonner's advice years ago. I'm sorry your 401k is down dock, but I'm not sure why you are so bitter at Bill. Poor Bill just comment on what he sees, I don't think I ever heard him say anything bad about honest work and people who own trucks. If you have purchased a big ticket item in 07' wouldn't you as well be questioning your purchase? It doesn't make you a bad person to do such things. I’m thinking “Erich Hansen PhD” is upset and not taking Bonner’s advice years ago. I’m sorry your 401k is down dock, but I’m not sure why you are so bitter at Bill. Poor Bill just comment on what he sees, I don’t think I ever heard him say anything bad about honest work and people who own trucks. If you have purchased a big ticket item in 07′ wouldn’t you as well be questioning your purchase? It doesn’t make you a bad person to do such things.

]]> By: Erich Hansen PhD http://dailyreckoning.com/world-economy-negative-growth-or-positive-collapse/#comment-2115 Erich Hansen PhD Mon, 09 Mar 2009 22:46:01 +0000 http://dailyreckoning.com/?p=12284#comment-2115 Oh you wonderful, naively self-confident (bordering on arrogant, but I want to keep this polite and constructive) "Ayn Rand-ian" theorists......sure, the "negative growth" or "positive collapse" that is occuring is indeed one huge "correction" needed to get markets back to some realistic valuation of goods, etc. You probably can't remember when the Beatles and Beach Boys "began" (such elegant English) because you were still playing with trucks in the sandbox then, but no matter....you express remarkable hubris and insensitivity to the hypothetical yet all-to-real guy that owns/owned the truck (who probably can't collect unemployment because he's self employed, but perhaps unemployment insurance is a bit too socialist a concept for you and yours anyway) and all the other well-intentioned investors who simply got caught in a game the above-ethics boys were playing in the bigger sandbox, that has wiped out the investments/savings wrought from honest hard work, yeah, hard work the smaller investor/"truck owner"has been toiling away at for better than half his life. While he works for a living, you bloggers write so wonderfully impersonally about him/them, implying they should have known better or have been better prepared for this economic tsunami of which you speak as if it were some force of nature akin to a real tsunami. "Market forces" have nothing in common with nature, as you would imply.....other than "human nature" (e.g. gluttony, sloth, greed) yet they have everything to do with the hubristic tone you strike in most of your writing......the simple, hard-working truck owner had little more knowledge of what was about to happen than you do/did about when the Beatles and Beach Boys "began". Whaddya say you loan some of your "uber-bucks" to the truck driver so he can stock up on gold the way you're admonishing the rest of us to, who don't have access to the crystal ball you gaze into before launching into your daily bloviating? Oh you wonderful, naively self-confident (bordering on arrogant, but I want to keep this polite and constructive) “Ayn Rand-ian” theorists……sure, the “negative growth” or “positive collapse” that is occuring is indeed one huge “correction” needed to get markets back to some realistic valuation of goods, etc. You probably can’t remember when the Beatles and Beach Boys “began” (such elegant English) because you were still playing with trucks in the sandbox then, but no matter….you express remarkable hubris and insensitivity to the hypothetical yet all-to-real guy that owns/owned the truck (who probably can’t collect unemployment because he’s self employed, but perhaps unemployment insurance is a bit too socialist a concept for you and yours anyway) and all the other well-intentioned investors who simply got caught in a game the above-ethics boys were playing in the bigger sandbox, that has wiped out the investments/savings wrought from honest hard work, yeah, hard work the smaller investor/”truck owner”has been toiling away at for better than half his life. While he works for a living, you bloggers write so wonderfully impersonally about him/them, implying they should have known better or have been better prepared for this economic tsunami of which you speak as if it were some force of nature akin to a real tsunami. “Market forces” have nothing in common with nature, as you would imply…..other than “human nature” (e.g. gluttony, sloth, greed) yet they have everything to do with the hubristic tone you strike in most of your writing……the simple, hard-working truck owner had little more knowledge of what was about to happen than you do/did about when the Beatles and Beach Boys “began”. Whaddya say you loan some of your “uber-bucks” to the truck driver so he can stock up on gold the way you’re admonishing the rest of us to, who don’t have access to the crystal ball you gaze into before launching into your daily bloviating?

]]> By: Ken http://dailyreckoning.com/world-economy-negative-growth-or-positive-collapse/#comment-2110 Ken Mon, 09 Mar 2009 21:53:44 +0000 http://dailyreckoning.com/?p=12284#comment-2110 hehehe...another well written article. in a strange way - I feel relaxed after reading Bill's work. Ken hehehe…another well written article.

in a strange way – I feel relaxed after reading Bill’s work.

Ken

]]> By: StingingNettle http://dailyreckoning.com/world-economy-negative-growth-or-positive-collapse/#comment-2091 StingingNettle Mon, 09 Mar 2009 19:27:52 +0000 http://dailyreckoning.com/?p=12284#comment-2091 Stocks for the long run would be great, if our life-span was 500 years. I find it interesting that most main stream folks call 401k's and mutual funds "savings" when they are really investments. With investments, you better pay closer attention. Stocks for the long run would be great, if our life-span was 500 years. I find it interesting that most main stream folks call 401k’s and mutual funds “savings” when they are really investments.

With investments, you better pay closer attention.

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