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]
...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 M