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!

SOURCE

Entry Filed under: Gossip, News, blogging, comedy, culture, education, life, media, odd, poverty. Tags: , , , , , , , , , , , , , , , , .

1 Comment Add your own

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

    Well, fuck.

    Reply

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