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Old 06-27-2012 | 10:11 AM
  #104169  
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80ktsClamp
Da Hudge
 
Joined: Oct 2006
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From: Poodle Whisperer
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Originally Posted by Waves
I probably would be “there” except for my dire outlook on the economy and world events. I just watched a video saying there is a chance that a barrel of oil may go to $220 in 2012. I'm not convinced of that per se, but what effect do you suppose that would have regarding our negotiating leverage? The next jobs report is supposed to be bleak again. Housing crisis is far from over. 15 global banks just got downgraded. Millions of Americans out of work. Unemployment still at 8.2%. Stockton, CA just declared BK. National debt approaching $16T and expected to be over $30T by the end of the decade. Iran getting the bomb. Greece failing. Spain failing. Italy failing. Euro going down if not away completely. US borrowing from China 40 cents on every US dollar it squanders. Blah, Blah, Blah. Yeah I know, it’s a broken record, but IMHO these events are not only unprecedented, they cannot be ignored. To do so is foolish and reckless. The company is finally making money after a decade of bleeding red ink. You can let your own chips ride, but I would rather take my chips and go home. For now anyway. Sorry about the added 76 seaters. Your welcome for the 88 717’s.
Those who predict doom and gloom like this are typically very wrong.

I got lectured on similar about a year ago all the way down and back to MAO. He was convinced the economy was going to collapse again and the DOW was going to be around 6000. Guess what didn't happen?

You wrote a similar paragraph. That is always crap going on and if you want to focus on that you can, but the fact is that the sky is not falling. What you wrote about the future boils down to foolishness really...