Prepare to panic in 3 … 2 …
November 11, 2009
Don’t step out of lentil line at the shelter just yet, you bums!
There’s a brand spankin’ NEW crisis on the horizon!
::: Woo h .. oh wait. Not good … :::
NYU economist and all-around financial fiasco forecaster Nouriel Roubini
<————-
has just issued a code-red high-alert that the Federal Reserve and other money managers are fueling a massive new asset “bubble” that will someday go KAPLOW BIOTCH and steal your savings, render you blind and take away all your TP after giving you the 100-day poops.
::: poop! :::
The Roubinator says the Fed is holding short-term interest rates near zero *NO!* and investors and speculators are borrowing big bucks on the cheap *ACK!* and using them to pick up all kinds of Wall-Streety type shit like
stocks, bonds, gold, oil, minerals and foreign currencies – which sounds all *GREAT!* because that means prices go up and mega money can be made which is a big ol’ slice of *SWEET!*, right?
Ya, not so much.
‘Cuz *SHOCK* it can’t last.
Eventually the Fed’ll have to raise rates, peeps’ll be panic-selling their stashes all over the gat damn place and the next big cash crash’ll come down harder than Amy Winehouse after another Blaaaaaaaaaake breakup!
::: FFFFFWOP! :::
“The Fed and other policymakers seem unaware of the monster bubble they are creating,” the economical extrasensory insists. “The longer they remain blind, the harder the markets will fall.”
RUH-ROHS!
Time to flex your beggin’ hands, hobos!
Entry Filed under: Gossip, News, blogging, comedy, culture, education, life, media, odd, poverty. Tags: beggar, bonds, cash, economy, federal reserve, finance, finances, meltdown, money, News, Nouriel Roubini, people, random, stocks, the fed, thoughts, wall street.
1 Comment Add your own
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <pre> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
Trackback this post | Subscribe to the comments via RSS Feed





1.
writechic | November 16, 2009 at 3:30 am
Well, fuck.