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Talk of Worst Recession Since the 1930s

Submitted by Shredder, Nov 12, 2007 16:01

WE bleed money for foreign oil, all going to oligarchs that hate us. We bleed money on oil wars so fat cats can keep their profits going. Declare war on oil itself or the US dollar is doomed, and fast.


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Other reader comments on this article

Comment By Date

bad news for us. [MORE]

bad

Mar 11, 2008 17:30

Lack of fiscal discipline and ignorance by the President and Congress has led to huge deficits and the weakening of... [MORE]

Boomer

Mar 7, 2008 12:17

So there will be 2 recessions under Bush. Overspending, lying about weapons to tie us up in Iraq while Osama... [MORE]

ATG

Feb 21, 2008 03:07

I believe that you are confused about the jobs going overseas, that was Bill Clinton. George Bush sent the jobs... [MORE]

Blueoxe

Feb 24, 2008 15:07

The fact is, the job selling started with Clinton, not with Bush. There are so many messes that Bush has... [MORE]

sockergrl80

Feb 25, 2008 16:03

It takes more than the president to pass and make laws. None in congress seem to do anything about the... [MORE]

JW

Feb 28, 2008 14:19

Poor beacuse of Bush [MORE]

V Malhotra

Mar 5, 2008 13:28

if people cant see what is going on around them then you are in big trouble look at the price... [MORE]

brenda

Mar 12, 2008 12:16

This country is broke. If not , why are we borrowing money from China to give rebates to (everyone)? What... [MORE]

tank

Feb 11, 2008 11:05

1st--there are bread lines, and there have been for many years--they are just in areas that you wouldn't condescend to... [MORE]

james

Feb 5, 2008 14:54

Time to dust off the 30's depression era movies and see how people survived in that day. I guess I'll... [MORE]

Darkness on the Horizon

Jan 24, 2008 01:33

I keep hearing the word over and over again but where is it.What recession .The 1930s was a recession .What... [MORE]

RodneyC

Jan 30, 2008 06:41

People are moving from 300,000$ houses they can no longer afford and into tents and trailers.Manufacturing jobs ,or the remnants... [MORE]

David

Feb 8, 2008 19:47

What do you mean a recession is coming? It's already been in Michigan for four years! [MORE]

Bamboozler

Jan 17, 2008 12:08

Good point! We run a business in Michigan and people practically beg us for a job. Yet, time and time... [MORE]

Kim

Jan 30, 2008 05:17

I have been watching the stock market fall everyday and Gold Increase almost $300 oz since august of 2007. The... [MORE]

Nailer

Jan 15, 2008 09:17

Go see the documentary at www.zeitgeistthemovie.com [MORE]

Sandra

Jan 22, 2008 23:27

Is dead on, 100 % correct. This country is in deep troube, because we are no longer a manufacturing giant,... [MORE]

The harsh reality is that the forces allied against us both foreign and domestic are formi

Dec 12, 2007 20:15

My family was in the machining business for four generations and I noticed after 1980 it was downhill. Everything we... [MORE]

Rocco

Dec 20, 2007 22:52

I noticed it closer to 1985 or 1986. I was working horrendous hours during that time, trying to do 3... [MORE]

Bruce de la Vega

Jan 2, 2008 11:30

We didn't have business and academic executives whining about supposed talent or labor shortages. Even before Pearl, we hired farm-hands... [MORE]

Bruce de la Vega

Jan 2, 2008 11:43

Politicians want to give us rebates. .These rebates(gifts?) are to buy our votes.We would have more money to spend if... [MORE]

Jack L.Kinch (1uncle)

Jan 25, 2008 19:21

IF we are ever to be free let us free ourselves of the Burdens of Oil. With any luck this... [MORE]

Nicolai

Dec 10, 2007 22:45

if the rets of your existene is so morbid and negative wow!!!!!!!! and i really am referring to an... [MORE]

howard lamel

Dec 7, 2007 07:51

running out beens to squeeze and repackage and running out of countries to send jobs to, the MBA (Move the... [MORE]

Alex Morfesis

Nov 16, 2007 00:47

PRE-shocks vs AFTER-shocks. As the boomers start retiring and selling their 401Ks, the supply will far outweigh the demand. 80... [MORE]

PJM

Nov 14, 2007 09:48

These always seem to accompany correction bottoms! Within 36 hours of this coming out, the market is now UP over... [MORE]

Jim Turner

Nov 14, 2007 09:38

I appreciate your optimism. Just be careful, there's a lot of downside potential out there. With the Fed and Treasury... [MORE]

Alan Walters

Dec 2, 2007 06:49

Thats what is wrong with this country, People care more about their party then they do about their country. Your oath... [MORE]

John

Nov 13, 2007 19:44

Yes, we in America, and around the World, are headed for the complete collapse of the economy. Of course, it... [MORE]

Steve Noe

Nov 13, 2007 16:44

If this fellow has made 30% a year for 9 years he started with about $30 million dollars. He may... [MORE]

jfm

Nov 13, 2007 16:41

It is important that every American understand that this next Presidential election will be the most pivotal in our countries... [MORE]

Richard Clark

Nov 13, 2007 14:27

Some software is in the form of products. Unfortunately, it's a tiny and shrinking portion of the whole; most, indeed,... [MORE]

Bruce de la Vega

Jan 2, 2008 11:14

There WAS a recession in 1937-38 that was part of the depression. [MORE]

wijg

Nov 13, 2007 10:46

What people fail to realize is that the elites manipulate the economy for their benefit. The Great Depression was created... [MORE]

conspiracy

Nov 13, 2007 09:26

People. People. People. Calm Down. I have been hearing these depressions coming, we're all gona starve, we'll all be slaves... [MORE]

Ima Bilderburger

Jan 2, 2008 19:27

Yeah, more Governmnet will work - when the Government we have is blundered. I'm worried, which is why I vote and... [MORE]

Recovering Republican

Jan 23, 2008 12:06

The Illuminate- Trilateral Commission-Bilberg Group-all meet in Bohimian Grove,CA. end of July for two wks. This is your Power and... [MORE]

Genghis

Jan 26, 2008 23:25

USA Inc is borrowing $2 billionUSD plus a day, is running a current account deficit and the share price is... [MORE]

Thomas

Nov 13, 2007 08:22

Sure If you work at Wall-mart [MORE]

Pierre

Nov 13, 2007 07:14

Although the housing market will be in recession for sometime. The rest of the economy is doing fairly well. There... [MORE]

William West

Nov 13, 2007 05:49

Sell everything, and trade your U.S money in for gold. [MORE]

Richard Givis

Jan 22, 2008 13:30

Contrary to all the pundits no recession is forecast in 2008. Recession is definited as two consecutive quarters of... [MORE]

William West

Jan 27, 2008 02:36

To poster #1: Depressions are recessions. Recession is the CORRECT term for a finance professional to use. "Depression" is a subjective... [MORE]

Buyman

Nov 13, 2007 01:19

Yes, Buyman, "depression" is a subjective term, as is "recession". The recognized "authority", NBER, still waffles quite a bit even... [MORE]

Bruce de la Vega

Jan 2, 2008 10:58

Markets rarely correct to fair value. They ususally over correct to deeply undervalued levels. The stock market has been propped... [MORE]

Dave

Nov 13, 2007 00:29

Last year and earlier this year I warned of a severe recession , if not a depression, and took appropriate... [MORE]

Allen L Roland

Nov 12, 2007 22:44

As long as I can watch the setting sun and still buy a bottle of whiskey, then temporary market downturns... [MORE]

bob dylan

Nov 12, 2007 22:40

Mission accomplished as far as the Bush regime. They came in as gangsters and are successfully leaving like bandits. [MORE]

Lilly

Nov 12, 2007 21:38

Big business and the Politicians who are backed by them are to blame. By outsourcing across the various sectors, we have... [MORE]

Concerned Citizen

Nov 12, 2007 21:36

Does it matter what state the economy, value of the dollar, or housing market is in or political party is... [MORE]

James

Nov 12, 2007 20:20

Amen, James The new God is money. Our politicians are owned by the lobbyists who are owned by big buiness and... [MORE]

Tom Massey

Jan 21, 2008 15:49

Now that was a scary post! If I believed you (and it is hard not to), I'd sell my house... [MORE]

Kim

Jan 30, 2008 05:23

I was taught in college that over production and under consumption along with buying shares on margins were the culprits... [MORE]

William Watson

Nov 12, 2007 20:04

Coming from the other side of the economic scale, news like this hits home. You all wax philosophical with 'it'll... [MORE]

Alicyn

Nov 12, 2007 19:47

He's not in business to spread optimism. And sadly though he's right. I see the urban sprawl here in San... [MORE]

g moss

Nov 12, 2007 19:10

Which of the following headlines will grab an investor's attention: a) Stock market is following it's normal cycle and due for... [MORE]

JM

Nov 12, 2007 19:02

"I've never seen a market with more risk and what's significant is that risk is not yet priced in" Sounds scary... [MORE]

jdwren

Nov 12, 2007 18:46

Some people are talking us into a recession,a few months ago it was great. Wrong time to buy stocks,thanks! Panic selling! Stupid... [MORE]

pisces

Nov 12, 2007 18:40

Rising prices, in and of itself, is INFLATION. A recession can occur with rising or falling prices. The term "depression"... [MORE]

MIke

Nov 12, 2007 18:40

"Noting that consumption is already slowing, Mr. Melcher figures sharply rising unemployment is inevitable. Another of his worries is that... [MORE]

ISLV

Nov 12, 2007 18:39

Never fear, Hillary is here. She will fix all of our problems. Just vote for Hillary. NOT [MORE]

Kramer

Nov 12, 2007 18:29

forgot that I did that last month, taking a tidy 19.7% return for 2007. Always be ready to take some... [MORE]

Paul

Nov 12, 2007 18:18

The sky is falling, the sky is falling. It might be, but economists and investment experts are wrong about half... [MORE]

Reynard

Nov 12, 2007 18:09

I just got around to reading Brendon's book ("Dark Valley", published 2000) last month. Although on one level I knew... [MORE]

DMC

Nov 12, 2007 18:07

Panic, even those artificially induced by the Wall Street Wizards and media pundits is great for business. One, it allows... [MORE]

Steve

Nov 12, 2007 18:03

Melcher's comments are self serving. He admits that when he said "what is not good for the country, but good... [MORE]

Jon Smith

Nov 12, 2007 18:02

I like Dan's work, but no where does he point out that it was a depression in the 30's (the... [MORE]

David Rohret

Nov 12, 2007 17:28

People under 40 have never experienced a decent recession. We need one every now and then to shake things up... [MORE]

Chuckiechan

Nov 12, 2007 18:24

why anyone is surprised that the U.S. bubble economy is on the verge of a major correction is beyond me.... [MORE]

The Truth

Nov 12, 2007 17:26

If you look at the economy, you can see that there is no where else for the market to go... [MORE]

TV

Nov 12, 2007 17:22

the stock market may drop but not fail. our gov. cannot let this happen. the house and senat passed a... [MORE]

richard clark

Dec 16, 2007 21:04

The middle class in America have been the primary buyers and borrowers of money in the world for at least... [MORE]

Neal A E

Nov 12, 2007 17:22

with...gold rising...inflation rising...oil prices rising...the dollar falling...the stock market falling...2 ongoing wars...Iran getting nuclear weapons...forclosures way up....home sales way down...home... [MORE]

les

Nov 12, 2007 16:51

It doesn't take a genius to see that America is heading for a major recession. We are 9 trillion dollars... [MORE]

Earl Harris

Nov 12, 2007 17:24

In 1972, I was just getting into the real estate business in Florida.....one afternoon, I looked for encougagement from an... [MORE]

charles banks

Nov 12, 2007 17:25

Every recession was the beginning of another boom...It's called re-growth. We would have had a depression if not for Google,... [MORE]

george

Nov 12, 2007 21:11

I believe this story. Weeks ago, I contacted family and friends and told them to tighten their financial belts. How... [MORE]

GG

Nov 12, 2007 16:48

Whenever the economy takes a bump of some sort, there is always the alarmnists who for various reasons, tout the... [MORE]

Vince Hugh

Nov 12, 2007 16:38

I was very glad to see your comments after several 'gloom and doom we're all gonna die' ones. When unemployment... [MORE]

Elise

Nov 12, 2007 18:07

Yeah sure, everyone is working -- at greatly reduced wages in jobs they are overqualified for because all of the... [MORE]

ExPat

Nov 12, 2007 18:12

Wow! Talk about living in denial. please do some research and study economics and history. [MORE]

Professor X

Nov 12, 2007 18:53

WHAT R U HIGH! YEAH I am WORKING TOO, TOO DAMN MUCH - JUST TO GET BY. 1 FULL TIME, 1 PART... [MORE]

pitbull

Nov 12, 2007 19:23

Yeah thats fine and dandy Mr. Hugh, but only people making $300,000 or better were the be benefiting from President... [MORE]

Enyiazu Ehiemere

Nov 12, 2007 23:13

sure, there are alarmists at every bump -- but far more polyanna optimists. The housing market _is_ in bad shape and... [MORE]

rc

Nov 12, 2007 23:29

Yea everyones working alright... in low pay jobs without vacation pay, health benefits, etc. That's not exactly a good thing.... [MORE]

WillieG

Nov 13, 2007 04:09

Hey Vince, Your master's degree in wishful thinking doesn't paint over the reality of the situation. This guy may be a... [MORE]

jackiebaron

Nov 13, 2007 04:24

Vince Hugh you are blinded big time [MORE]

JA

Nov 13, 2007 12:49

Gerald Celente sees a similar picture to this fellow but he also sees a collapse and a panic followed by... [MORE]

Dylan Skriloff

Nov 25, 2007 14:45

Pitbull, so you're not making as much money as you would like. Neither am I. But what does that have... [MORE]

Vince Hugh

Dec 1, 2007 15:01

The markets are going to tank. Major firms are only delaying the event until they can sell their stakes. Just... [MORE]

JG

Nov 12, 2007 16:29

I've been following Dan since the late 70's.... he has always been correct in predicting major moves. [MORE]

Mike

Nov 12, 2007 16:17

WE bleed money for foreign oil, all going to oligarchs that hate us. We bleed money on oil wars so...

Shredder

Nov 12, 2007 16:01

Sounds to me like the socialist are doing their best to scare everyone. Their idea is that then the democrats... [MORE]

Thomas

Nov 12, 2007 16:01

These people make all their money off knee-jerk selloffs. Of course he is going to tell investors to dump their... [MORE]

Chris

Nov 12, 2007 15:56

We have practically outsourced every single piece of our knowledge base to India, China, and a dozen other countries. When... [MORE]

John

Nov 12, 2007 15:52

What is left out of the equation in the analysis of The Great Depression was the effect of capital flight.... [MORE]

George French

Nov 12, 2007 15:52

IF all of you posters are so sure of your knowing what will be the future, why are you sharing... [MORE]

Pier Johsnon

Nov 13, 2007 02:45

It is agreed among the freed that the powers that beed have no need to feed on their own carnage.... [MORE]

ALEX S. GABOR

Nov 12, 2007 15:48

More and more technical, high paying jobs are going over sea's. This is crazy and we need to shutdown a... [MORE]

CW

Nov 12, 2007 15:48

This article is top news on the Hal Turner Show. I hope the Federal Government collapses. [MORE]

Mike

Nov 12, 2007 15:44

This guy is definitely a bear. [MORE]

Mike Foti

Nov 12, 2007 15:37

I think the guy is drinking too much wine at 175.00 a bottle. Is the market over due for a... [MORE]

Randy

Nov 12, 2007 17:44

yes you can have a roi of 175%-especially if large portions of your money is invested overseas!!!!!!!!!! [MORE]

ehiemere

Nov 12, 2007 23:16

Hello!! 175% isn't an interest rate, it's the yield on his hedge fund and you can bet your life that... [MORE]

jackiebaron

Nov 13, 2007 04:30

Having the foresight to see (at least 4 years ago) that the real estate market would go down in flames... [MORE]

Jack

Nov 12, 2007 15:36

The deflation of currency... I don't understand how this is being interpreted as the end of the US economy. If our... [MORE]

mark

Nov 12, 2007 15:25

Not appropriate to publish Mr. Melchor's remarks as a future prognosis. Mr. Melchor, an admitted bear, would naturally wish to... [MORE]

Cyro

Nov 12, 2007 15:03

Back in the late 90s when the Asian markets had dropped dramatically over a short period of time and Mexico... [MORE]

Goodbye Natalie

Nov 12, 2007 14:48

too much debt, too many billionaires, too much taxation, too many attorneys, too much fat, too many people, too much... [MORE]

phil

Nov 12, 2007 14:39

That we are in unique times is a common (and always true) statement that always pops up as if the... [MORE]

joe stafura

Nov 12, 2007 14:38

I hope this guy is wrong. Then again, he apparently is smart enough to generate a 175% return on his... [MORE]

Mike Foti

Nov 12, 2007 14:37

WHile the dollar is weak by historical standards for sure, this is after it being unusually strong. It had to... [MORE]

Shaun

Nov 12, 2007 14:36

I have seen this coming for about 5 years , and the current real estate dilema is a product ,... [MORE]

Bob Graham Las Vegas

Nov 12, 2007 14:31

This "news report/editorial/whatever" seems to be more of an advertisement for Balstera Capital Partners than as a legit news item,... [MORE]

SilasSez

Nov 12, 2007 14:21

The Central Bankers who manipulate economies around the World for their benifit always win from these economic disasters. Of course... [MORE]

Aldo Watts

Nov 12, 2007 14:20

What the Bush Administration, Fed and Wall Street can't see is the American Economy, which purchases over 30% of all... [MORE]

G.

Nov 12, 2007 13:59

Is he kidding? Buy gold now? It's already $800 an ounce, and the highest I can remember is just short... [MORE]

Jay

Nov 12, 2007 13:51

Mark-o made the comment that the reason there is a need for foreign trained workers is based on too few... [MORE]

DKM

Nov 12, 2007 14:30

The US Dollar has been inflated by multiples so when you talk about the record highs from 1980, please refer... [MORE]

Peter Spina

Nov 12, 2007 15:19

If you include inflation, $800 gold in 1980 is equal to $2142 gold in 2006. So relative prices are still... [MORE]

Bill Bob

Nov 12, 2007 15:23

what we are witnesssing is a long range play ,which was written years ago.Even our politicians do not know they... [MORE]

B. Kuhl

Nov 12, 2007 15:51

Yep Gold. Look how it escalated during the depression era. More importantly look how it dramatically appreciated during the high... [MORE]

Willy

Nov 12, 2007 16:31

The U.S. is a business....and how you run a business reflects on your success. How you treat your customers (other... [MORE]

Doug

Nov 12, 2007 18:58

Ron Paul's idea of eliminating the Federal Reserve banking-cartel, and getting America back on a sound currency is our only... [MORE]

ron heringhauser

Nov 12, 2007 13:50

Fully agree that a bigtime recession is coming soon. Problem I have is that the GW Bush Administration has contributed... [MORE]

Mike Adams

Nov 12, 2007 13:48

The bad news is that recesion will (hopefully, temporarily only) lower the average living standards of working Americans. The good news... [MORE]

A Reader

Nov 12, 2007 13:31

Is everything these days the worst ever. I don't know about anyone else but I've had the best 7 years... [MORE]

James McCue

Nov 12, 2007 13:30

Both major political parties continue to recommend and implement policies that guarantee our inevitible economic collapse. These include: 1.) Interventionist... [MORE]

Frank Kellam

Nov 12, 2007 13:23

They have been calling our economy a consumer driven economy for years. In truth they should be calling it a... [MORE]

Raymond Allen

Nov 12, 2007 13:19

If a currency is debased by the banking controllers, then why wouldn't prices rise on the goods companies sell and... [MORE]

Carl Schattke

Nov 12, 2007 13:17

Wow. Ballestra is a bear fund, meaning it makes more on a falling market because it uses short sale models... [MORE]

Chicagolawyer

Nov 12, 2007 13:16

If your expert had any lick of sense he would understand that during the 1930's we had a depression not... [MORE]

bob johnson

Nov 12, 2007 13:15

Spoken like a true Demacrat. Always wallowing in worst case senarios. Maybe Global warming will end humanity's time on earth... [MORE]

Massapequa Mike

Nov 12, 2007 13:06

People are spending money they do not have. In this lies the solution. When you do not have the income... [MORE]

Todd

Nov 12, 2007 12:53

If one talks long enough; some eventualities will occur in due course of information volume. Stick that lightening rod up... [MORE]

Jay

Nov 12, 2007 12:32

Jimmy Carter: Over 20% Prime Ineterest Rate, Over 10% Unemployment Rate, Over 10% Inflation rate. The economy is expanding right... [MORE]

MMW

Nov 12, 2007 12:22

...I have sent 860+ resumes since 14.June.07; I'm a graduate of high school, college, trade school & 'adult.continuing.edu' efforts... [MORE]

R.g. Frano, N.R.-E.M.T.-P, A.C.L.S.

Nov 12, 2007 12:22

Funny thing about this so-called talk, the people who always stand to benefit are the one's doing the talking. Our... [MORE]

Schratboy

Nov 12, 2007 12:20

While I agree that we are heading towards a 1981-82 type recession it wont be for a few more years...2010-2012.... [MORE]

Joey

Nov 12, 2007 12:58

I agree with the last comment. Rockerfella and his elitist friends are puppeteers, and we ae the puppets. I do... [MORE]

George

Nov 12, 2007 13:19

Talk like this is just more of the media attempt to push the economy into a recession. For years we... [MORE]

Jake B

Nov 12, 2007 13:47

so, some hedge fund worth 350 million says there will be a recession worse than the 30s. this is worthy... [MORE]

cousin brucie

Nov 12, 2007 17:21

"It's the campaign issue stupid" The democrats have to have something to run on, The war must going well because... [MORE]

Dave DeBord

Nov 12, 2007 17:40

Yep.. I watched 'The Money Masters' on Google Video and that was a real eyeopener. [MORE]

fhb

Nov 13, 2007 13:16

My three year old grandaughter appears to have more insight than Jake. Evidently Jake thinks a credit card is a... [MORE]

Dale

Jan 12, 2008 16:48

Even though most of the Wall Street crowd don't talk much about it, there are grudging admission that our out-of-control... [MORE]

Mike Brooks

Nov 12, 2007 12:20

Free trade isnt repsonible for our economic problem, that's ridiculous...it is easy money since 1998 that created the tech bubble... [MORE]

Joey

Nov 12, 2007 12:59

China rules us economically. Thanks to brilliant planners like Sam Walton and his schlock Wal Mart stores. The mortgage thieves are... [MORE]

Brian Foster

Nov 12, 2007 13:01

Jim Melcher has been talking up the same story for years, and why, because he has the most to gain... [MORE]

Matt

Nov 12, 2007 13:01

Your right to a certain extent, but a bigger factor is this: We have been buying on credit in this... [MORE]

Doug

Nov 12, 2007 13:08

The banks and mortgage companies made horrible loans in mass for short term gains to boost stock prices. They deceived... [MORE]

Andy Marks

Nov 12, 2007 13:53

Anyone who has studied American or World History during the 1920's and 1930's knows that the Great Depression in the... [MORE]

ED Jones

Nov 12, 2007 13:57

The idea that Americans with a high level of technical skills are being "replaced" by cheap foreign workers is nonsense.... [MORE]

mark-o

Nov 12, 2007 14:16

The Robber Barrons old would be proud of the new Greedy Grabbers. When this propped up joke of an economy... [MORE]

Guiedo in FL

Nov 12, 2007 14:42

I recently hired a guy from India with a masters degree in engineering. The guy did not even know what... [MORE]

F Hughes

Nov 12, 2007 14:46

The USA is made in The Peoples Republic of China. Welcome to the 21st Century. [MORE]

Brent

Nov 12, 2007 14:47

The world market is what is going to save our economy, we are high tech, with plenty of good jobs... [MORE]

Tim

Nov 12, 2007 15:01

I am always amused at the people that talk about the decline of math / science skill and it is... [MORE]

UrDrWho

Nov 12, 2007 15:02

Just the typical talking points of the left, democrats and socialists (communists minus the firing squads). Like Mark said, restriction... [MORE]

John

Nov 12, 2007 15:05

Since science and engineering jobs can be outsourced to foreigners (language and culture being less of an issue), the salaries... [MORE]

Bill Bob

Nov 12, 2007 15:31

Mike your absolutely correct. Business practices today involve outsourcing key engineering positions to 3rd world countries. I've seen it done... [MORE]

tony

Nov 12, 2007 15:33

Taxes! That's the source of all our ILLS! Most former Soviet east-bloc countries have gone away from the "progressive" tax... [MORE]

The kid

Nov 12, 2007 15:39

if trade is done fairly. However, that can only be done between countries based on similar economic policies. The current... [MORE]

Dokidiver

Nov 12, 2007 15:45

Recession? Try Depression! (laughing) What the f*** is a prolonged or "long" recession. AMERICA deserves this, and until it gets rid... [MORE]

Anthony

Nov 12, 2007 15:58

Mark-o hit the nail on the head when he put "Americans" in quotes. Who is an American? It's anyone drawn... [MORE]

Dovi

Nov 12, 2007 16:01

I'm for free trade and conservative. Any talk of recession is a precursor to big banking asking for a bailout... [MORE]

Gaffer

Nov 12, 2007 16:10

I am in management in a Fortune 100 company and what I say I could not never say at work... [MORE]

Outsourcing is bad

Nov 12, 2007 16:17

You sure its not Mel Brooks? Economics is a science best served cold. Our outsourcing of production in the current... [MORE]

RatFanner

Nov 12, 2007 16:46

Folks,its failure of leadership from the top for the passed several adminstrations and Corporations selling America down the tube. This... [MORE]

Nawang

Nov 12, 2007 16:53

Calls for restrictions on trade, when scratched hard enough, generally show nostalgia underneath. The more pathetic version asks us to... [MORE]

raul tsan

Nov 12, 2007 17:07

Being a mexican citizen and a political analyst, I would tell you all that things look pretty bad from where... [MORE]

Vicente Licona Galdi

Nov 12, 2007 19:07

I can go on for hours on this topic but here are the basic points of what I have to... [MORE]

Martin CPA In CT

Nov 12, 2007 19:13

In the unlikely event of Hughes scenario, the wealthy will simply hire Blackwater mercs to snuff plebeian mob leaders. Perhaps... [MORE]

Robert

Nov 13, 2007 01:51

A great idea, we need to change our voting ideas of the past and vote for someone who is willing... [MORE]

terry lawrence

Nov 13, 2007 01:55

I was formerly employed as an engineer at one of the big Silicon Valley corporations. The company purchased a Chinese... [MORE]

Jason dinAlt

Nov 13, 2007 03:09

Nawang what is a "sheap"? I do not think your advice is predicated on real knowledge. I love the guru's... [MORE]

Islandeagle

Nov 13, 2007 20:52

To the MATRIX. There sure is a lot of people in denial on these posts. Just remember...throughout history banks have... [MORE]

Snadmaster

Nov 13, 2007 21:21

This looks like the handiwork of Mike Nifong. Oh, I forgot he's in jail and disbarred. [MORE]

Kashdog

Nov 16, 2007 03:17

The fact is this ball has been rolling since the meeting that may or may not have transpired on Jekyll... [MORE]

Tom Liddle

Nov 16, 2007 21:46

True. We are sellin' ourselves out faster than you can say "FOR-SALE".Speaking of FOR-SALE, that's what our CONGRESS is. Here's... [MORE]

d.a.n

Nov 22, 2007 09:39

How can we be outsourcing all the jobs you write about , when we have a 4.7% unemployment rate and... [MORE]

william huber

Dec 17, 2007 16:42

Uh, the worst since the 1930s? You mean even worse than the '73-74 recession when we had wage and price... [MORE]

urt

Nov 12, 2007 12:05

Talk of Worst Recession Since the 1930s And the bird flu and G.W. and on and on. When do we start... [MORE]

brian

Nov 12, 2007 12:02

I am old enough to have lived thru the depression of 1930 and was living on a small farm when... [MORE]

Raymond A. Kemper

Nov 12, 2007 12:01

read this [MORE]

lucien coronel

Nov 12, 2007 11:56

I don't see how these other currencies would be able to weather the maelstrom of the American financial meltdown. Their... [MORE]

warren

Nov 12, 2007 11:54

"The sky is falling" always the naysayers. They said the same thing in the Savings & Loan Crisis; global warming... [MORE]

Clifford Michael

Nov 12, 2007 11:53

True. It is cyclical. However, someone, somewhere, sometime has to be in the downturn of the cycle. You can't ignore... [MORE]

tf

Nov 12, 2007 17:01

Greed does, in fact, drive the banking and real estate markets. The worst is, however, the clear proof in the... [MORE]

Tom Ritchie

Nov 12, 2007 20:12

the financials r manipulating this mkt 10 bil. write dwns every week for last 7 months they all know residential... [MORE]

jeff

Nov 20, 2007 08:47

this recession has been forestalled for 20 years. the economic growth which has happend since the '90s has been fueled... [MORE]

phil

Nov 12, 2007 11:45

Do you advise that I get a breeding pair of goats as a hedge agianst this terrible future? [MORE]

Bob Burns

Nov 12, 2007 11:36

The World is moving into the next great Depression and the American Democrats can't wait to REALLY BE IN POWER... [MORE]

john smith

Nov 12, 2007 11:28

You know I am sick of this type of crap. We are such a great hardworking nation. Yet the powers... [MORE]

Sick and Tired

Nov 12, 2007 11:15

No problem, just put everything on the credit card like shrub and the government does. Let's make future generations pay... [MORE]

R.J.

Nov 12, 2007 11:14

pardon me, but wouldn't a recession cause the demand for gold to plummet? Recessions cause deflation. Econ 101. [MORE]

Tim

Nov 12, 2007 11:06

run run. The sky is falling. [MORE]

john micklos

Nov 12, 2007 11:05

In reading your aritcle I was reminded of a seminar my brokerage office attended in the min 90's. The name... [MORE]

wcampbell

Nov 12, 2007 11:00

The Banks created this mess just like the Savings and Loans did in the 80's. They just got greedy. The... [MORE]

Jeff in Miami Beach

Nov 12, 2007 18:10

American economy is interlocked with the world economy--it will not go down substantially. There will be much integration and homogenization... [MORE]

j bell

Nov 12, 2007 19:54

My entire portfolio is just like this guy's. I don't have investments in the Swiss Franc or the Yen, but... [MORE]

Dale H

Nov 13, 2007 00:48

I sure love my U.S. rare gold coins. [MORE]

Tommy John

Nov 12, 2007 10:56

Hedge funds make money when the market goes down and this guy is telling you to "run for the hills"... [MORE]

Scot

Nov 12, 2007 10:54

The sky is falling! And the world is cooking! Another Chicken Little, Al Gore, gloom and doomer. Sounds like the next... [MORE]

Rae Lynch

Nov 12, 2007 10:52

In my essay, "Open Letter to Walter Williams," I posit that America's financial decline is being engineered for a certain... [MORE]

Deacon Elurby

Nov 12, 2007 10:51

I think we could easily see at least a 30% decline. Too many insiders feeling we could see a 6000+... [MORE]

Erik

Nov 12, 2007 10:31

bad news sells,that is what dorfman is selling! nothing more! home loan companies sold mortgages to people earning 1500/month,and were... [MORE]

mike e. coon

Nov 12, 2007 10:28

THE ABSOLUTELY BEST ARTICLE YET ON WHAT IS COMING DOWN THE ROAD...........houses doubled and are going to rebound 50% less... [MORE]

catherine

Nov 12, 2007 10:24

Now is the time to put your funds in conservative funding thru the 401k Krissy.. [MORE]

Krissy

Nov 12, 2007 10:22

Sir it has been a long time since I have seen a comment from you. What you state herein, for any... [MORE]

Hank Swain

Nov 12, 2007 10:18

Speaker of the house and Reid have just introduced a bill on Friday to eliminate our tax and other incentives... [MORE]

M Baker

Nov 12, 2007 10:08

So, you use one source to tell you the market is collapsing. What is the point of playing Chicken Little?... [MORE]

William Bowles

Nov 12, 2007 10:01

Every time I read an article about doom and gloom, it is written by a hedge fund manager.........go figure! You... [MORE]

STEVE COCHRANE

Nov 12, 2007 09:55

I will be the worst recession since 1930's if the demo raise taxes. [MORE]

neal

Nov 12, 2007 09:50

Mr. Dorfman appears to be one of the few who realize what a dire economic situation we are in. When... [MORE]

Marcie Williams

Nov 12, 2007 09:49

I believe that the so called "Recession" from the 1930s was called The Great Depression. [MORE]

GAC

Nov 12, 2007 09:46

Lions and Tigers and Bears! [MORE]

Lorin Friesen

Nov 12, 2007 09:45

...when idiots like Dorfman report what even bigger, but self-serving and agenda-driven idiots like Mercher have to say. "Not a... [MORE]

Paul Stifflemire

Nov 12, 2007 09:44

We can only interpret Melcher's prediction and your reporting of it by knowing in advance both of your political identifications.... [MORE]

aciongoli

Nov 12, 2007 09:27

Barack Obama can fix this mess!!!!!!!!!!!! Obama in 08". Otherwise, we in for the biggest mud-slide in history................ But folks are too... [MORE]

Obama in 08"

Nov 12, 2007 09:24

Thought it would be easy to throw one's lot in with Mr. Melcher, let's hope that he isn't quite right... [MORE]

Karl Lingenfelder

Nov 12, 2007 09:18

Man! Ya got to love it! Everybody out of work in the U.S.A as the money become worthless. Germany in... [MORE]

Dan White

Nov 12, 2007 09:17

typical democratic view of our economy, gloom and doom.......I for one am staying in the market..... [MORE]

bill clinton

Nov 12, 2007 09:17

You know, I'm tired of the folks being interviewed when it comes to our GDP Health they will be all... [MORE]

Christopher Gonzalez

Nov 12, 2007 09:15

The last party to occupy the White House during a depression was a Republican (Herbert Hoover). FDR with his "great"... [MORE]

twa

Nov 14, 2007 02:04

Seems your being a bit gracious with your praise there... I read the name Jim Melcher nothing strikes a spark...... [MORE]

yirmin snipe

Nov 12, 2007 08:58

Yeah right! This guy is completely wrong and ignoring several facts. China's economy is on fire, as well is Russia's.... [MORE]

Phillip Allen

Nov 12, 2007 08:54

How can you take your money out of stocks without incurring huge capital gains taxes? Some people might be locked... [MORE]

R.Bodner

Nov 12, 2007 08:49

The article is dead on and for a reason. The Federal Reserve, established in 1913 (which is as "Federal" as... [MORE]

JB

Nov 12, 2007 08:47

The issue is still TIME. A wide ranging asset management portfolio (with foreign stocks and funds) that includes about 70%... [MORE]

sanjosemike

Nov 12, 2007 08:45

1930s? Its far worse, the storm that it coming.. [MORE]

Bill

Nov 12, 2007 08:39

The Banks, The wall street bankers, The investment bankers world wide, The federal Reserve, Congress and the senate....The current and... [MORE]

Oliver Bateman

Nov 12, 2007 08:39

This "bear" should hybernate for a couple of years, or pick up his marbles, buy a island somewhere, and get... [MORE]

DON PULLEN

Nov 12, 2007 08:39

The man runs a hedgefund and thinks we're in for dive. And the sun came up this morning. [MORE]

sparsons

Nov 12, 2007 08:37

you should be embarassed for peddling this 'recession' trash . Here's a quote from your vaunted Mr melcher, dated 7/25/05,... [MORE]

Thomas Kenny

Nov 12, 2007 08:36

Check it.. [MORE]

Bill

Nov 12, 2007 08:34

Do not purchase GLD!! The ETF is at an all time high and is going to drop like a rock.... [MORE]

mike

Nov 12, 2007 08:29

With all due respect to Mr. Dorfman, what we had in the 1930s was not a recession, but a depression.... [MORE]

John T. Anderson, Olean, N.Y.

Nov 12, 2007 08:19

should i transfer high risk funds to very low?...................auto worker honda,401-k [MORE]

bob lewis

Nov 12, 2007 08:08

of the end. there, i said it. you can laugh at the nay sayers now, and those who are hoarding. you can laugh,... [MORE]

phil

Nov 12, 2007 08:05

what gibberish. the people cited in the above article fail to mention that the banks are making out like robin... [MORE]

dennis braunreiter

Nov 12, 2007 08:01

How much debt can the nation bear? [MORE]

David Thaggard

Nov 12, 2007 07:54

Look @ cycles for the past 150 years and regardless of the supposed "Fed reserve to end all major swings"... [MORE]

Rick Levandowski

Nov 12, 2007 07:52

For 15 years I was Series 7 licensed (stockbroker person) and then for another three years I was an RIA.... [MORE]

UrdrWho

Nov 12, 2007 07:52

this guy is frothing at the mouth hoping for an enormous recession so he can cash in. He wins, you... [MORE]

republican

Nov 12, 2007 07:52

How much faster would this happen if the United States, Isreal, Iran, Syria, Lebbanon, Irag, Pakestain, and Jordan, broke out... [MORE]

Larry Pippin

Nov 12, 2007 07:49

Looks like GWB struck again! Dang is there anything this man doesn't mess up. We had a perfectly good economy... [MORE]

steelwillin

Nov 12, 2007 07:30

I have seen no evidence to support a given value for any stock market index. Who says the Dow at... [MORE]

grumpy

Nov 12, 2007 06:56

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