ceo of overstock.com and his views on the economy...1929 style crash

[ORDagnabbit]

http://www.youtube.com/watch?v=m-TLfmLTiqA

its only about 5 minutes long....and pay special attention on how the bobbleheads of CNBC change the subject.

nothing to see here citizen.....move along..

[PDJane]

1. Amazingly speedy change of subject, there, eh?

He's quite right. However, I do think that the collapse is being managed too.

[Submariner]

4. Managed?......Probably

Murphy's Law dictates that since I'm only 20% invested, the bottom would fall out of the stock market the morning after I decided the market is at bottom, and invest up to 80%.

[Eurobabe]

2. ROFL, fucking deniers, Maria and Dillon

GE bobbleheads is correct. They'll be the first ones to jump out of the windows when the markets crash.

[ixion]

3. idiots... what 'prosperity' are they talking about?

oh yeah, their corporate masters prosperity. The rest of us have not been prospering.

[AlCzervik]

5. The money Bunny looks like she found a turd in her caviar.

[redqueen]

6. There are some on DU who will mock his views.

I don't know if they honestly believe there's no real danger of it... or if they're thinking that enough happy talk will help keep the status quo going.

[hatrack]

7. Given that the ECB dumped half a TRILLION dollars into the financial markets today . . .

I don't think this is exactly the sign of an economy rippling with optimistic animal spirits. The overall atmosphere is combinatoin of turds in punch bowls, way too much coffee and nicotine withdrawal jitters.

I don't know what the hell the Money Honey is thinking/smoking/drinking