Indeependent
Diamond Member
- Nov 19, 2013
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The warning signs were the multitude of my type of “little details” that guys like you were ignoring.My last comment on this subject...You are repetitively misstating what I am posting andYou say that.
The statements say nothing about the economy in term of other entities.
Simon makes money from rent, not from the success of the renters.
They go about a month between vendors for each store that is left vacant; that hardly reflects on the impact of the 120 businesses and the people affected by success or failure.
Your inability or unwillingness to understand this, displays your emotional investment in your particular view of the economy.
But I do know a few people who think like you do and I have worked with many on Wall Street who only think this way.
There is validity to your point of view if that is how you make money or invest.
You call their financial statement a farce because it lacks some information.
Then you make claims and never, ever, have even one tiny piece of information other than “because I said so”. Does that not make you an even bigger farce?
I do not have an unwillingness to understand, I have an unwillingness to blindly accept what you say as fact. I have this for two reasons.
One, because you never support your claims. I am a data wonk, I do not take things on blind faith, do not accept what people tell me with some support for their claims.
Two, because every single bit of data I have found is 100% the opposite of what you say is the case.
So, I am stuck between believing the data or someone that has no data...which way do you think I will go 100% of the time?
still missing the point that gave Obama 2 terms in the Oval Office.
The success/failure of an one entity does not indicate the success/failure of one or more other entities.
“Financial Firms” are raking it in and so the economy is booming.
Of course those taking loans from those entities could not pay off those loans but the powers that be ignored those “insignificant” problems.
This POV resulted in one minor crash and two huge crashes.
And that why the Ronald Reagan “Gambling Casino” paradigm where all eyes are on the success/failure of “The House” is actually a functional mirage.
And that’s what puts Trump in the Oval Office.
I do not misstate what you post. What you post are bold claims without ever one iota of evidence to back them up. That is the bottom line, what you claim in your post is nothing but fantasy till it can be supported.
The very micro second before the DOT COM and Housing Crashes the market, based on your evidence, was good as gold.
Not true at all, there were massive warning signs that both were imminent. Many analysts predicted them happening based upon the data.
That is why data is so much better than the “because I said so” method that you try to pass off
I worked for brokerage firms at the time so don’t even try telling me that the info they were instructed to work off of indicated anything to them.