More doom from Marc Faber, forecasting a general bad mood that will turn into a deflationary spiral: In the August edition of the The Gloom, Boom & Doom Report Marc Faber questions whether the Dow could hit 1,000 as predicted by Robert Prechter, based on his interpretation of Elliot Waves, Fibonacci numbers and socioeconomic trends. [...]
Entries Tagged as 'bartertown'
Marc Faber: Long Electric Fences, Dobermans, Munitions
July 30th, 2010 · 4 Comments · bartertown, markets
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No One Can Resist The Lure Of 100 Packs Of Free Toilet Paper
March 9th, 2010 · No Comments · bartertown
Back in the Golden Age, I remember nobody would be caught dead using a coupon except the occasional housewife or senior citizen or maybe the college kid who would open the envelope of them that was sent by Mom. I still get those envelopes sent by Mom, and if I actually used all those coupons, [...]
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A Comic Interlude: All Is Well!
July 29th, 2009 · No Comments · bartertown
(h/t @jessefelder) And also, we’ve got McDonalds going ahead with the decision to add $4 Angus burgers to their menu. Bull market! Literally.
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Would The Last One Out Of Detroit Please Turn Out The Lights
June 16th, 2009 · 9 Comments · bartertown
Beating up Detroit is like kicking someone when they’re down,but that’s my job, and I’ve gotta do what I’ve gotta do. Today in the WSJ, they point out the absence of grocers, car dealers, coffee, you name it: DETROIT — They call this the Motor City, but you have to leave town to buy a [...]
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For Recessionistas, No Sex In The Champagne Room
June 12th, 2009 · 2 Comments · bartertown
…because these days, there is no champagne room. Strip clubs are going lowbrow, as they can’t sell the high-dollar entertainment. According to the Wall Street Journal, the recession is starting to hit folks where it hurts, in their pants (because that’s where their wallet is. What did you think I was talking about?): For an [...]
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