Economy
Related: About this forumI saw The BIG SHORT today...and was inspired to actually write a blog post about it....
I saw The BIG SHORT today...and was inspired to
actually write a blog post about it....
Here's the link...I tried to maintain a sense of humor...but it was truly...well...mind blowing...oh, I'll just post it...
Happy New Year! My Thoughts after Seeing The Big Short
https://insightanalytical.wordpress.com/2015/12/31/happy-new-year-my-thoughts-after-seeing-the-big-short/
~By InsightAnalytical
Well, of course, the best time to release a movie about the 2007-8 economic crash is to release it during a holiday week at the same time the masses are being dished out Star Wars
again
Being contrarian by nature, I made it over to see The Big Short which is based on the fantastic book of the same name by Michael Lewis.
Well, I went to the noon showing, this last day of 2015
the parking lot was full
of Star Wars fans, most likely.
I counted 20 people in for The Big Short. I was surprised there were that many
its only showing in one of the 3 movie complexes in town
seems it may be around for another week, but after that I bet it will be gone
Of the 20, there were about 4 under the age of 60, probably in their 40s/early 50s.
Well, it was really gripping! It really was brilliantly done, esp. the asides with the explanations. I doubt, however, that many Selena Gomez fans will be in to see it, though. I have to say the sleaze award goes to the guy based in New Jersey working for Merrill Lynch
figures.
After it ended I chatted with a woman who said they had lost $26 M in ethanol. Wants to get out the country (me, too!), $300 for a visa to get out to Vietnam
or Cambodia
.or Thailand
Well, I cautioned her about a place like Vietnam being so dependent on China! Also, told her to watch The Executioner via MHzChoice (foreign TV series and one shot movies)
.a Danish movie based on a true story
you will not want to go to Cambodia maybe after seeing the crap that goes on there. I also told her to read WallStreetWindow.com as well as Zero Hedge (but ignore most of the drek in the comments section
truly awful. I mean it
)
The truth is
with the global connectivity at this point, where is there anyplace safe??
She revealed that she had insurance in a safety deposit box
and I told her to get it out of that box in a bank!!!
When I got home I spotted the young man who works for Apple from home
he and his wife have just bought a house. I pulled over to say a final goodbye as he did is final move out of stuff
.gave him the same info about a few sites that I gave to the woman at the movie and told him to save his money and learn whats going on, not to keep all his retirement on one stock like Apple
.exchanged phone numbers again and I gave him my email
told him I may not know all the answers, but I can figure out where to look most of the time
Im sure I wont hear from him again.
And then I came home. Hugged my dogs
and am checking my storage food for freshness
***
Before going I was watching Bloomberg and the word SCARY came up twice from the anchors
the discussion has been about the 600,000 jobs gone from banking
.. The site says 500,000 but they said 600,000 on air.
http://www.bloomberg.com/nesws/articles/2015-12-31/half-a-million-bank-jo
They had a guy on talking about going into recession (for some reason I cant find THAT video up on the site); the anchor brought up Marc Faber also forecasting that a day or so ago. Yesterday, I saw the mayor of Wilmington, DE talking about the loss of 1700 jobs from the DuPont-Dow deal
he was pretty grim
.
Anyway, a couple of the people on air today looked pretty pale
and to hear the word scary TWICE, no matter in what context
well, THAT was scary!!!
CNBCs Fast Money is having a party at the moment
party hats, champagne, are they kidding me??
.cant even stand watching CNBC much anymore
Bloomberg seems a bit more sober but
where IS that video from the recession talker today??
Stay safe out there in the New Year
.
villager
(26,001 posts)Especially given that the Christian Bale and Brad Pitt characters are now into "farming...."
Gloria
(17,663 posts)and the truth is...NO ONE can change a thing...unless laws are changed....and with the present GOP, especially, there is no way...
and, the whole world is involved, and even that probably will prevent any real change...
PS...I grow my greens all winter...under plastic hoops....LOL...and I have enough toilet paper to last 10 years, lol!