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Jim Cramer on CNBC says the markets are so bad it's going to be a depression

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Herman Munster Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-04-07 07:45 PM
Original message
Jim Cramer on CNBC says the markets are so bad it's going to be a depression
Edited on Sat Aug-04-07 07:46 PM by Herman Munster
Check this video out. He pretty much loses it a couple minutes in. Nothing like I've ever seen before even for him!

http://www.youtube.com/watch?v=wtjkWJzxdQU
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ret5hd Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-04-07 08:20 PM
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1. My guess is that he's shorting the market again:
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checks-n-balances Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-04-07 08:51 PM
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2. Timing of Murdoch acquiring the WSJ is VERY INTERESTING
Just in time to be catapulting the propaganda from the neo-cons, which will either be:

1. No problem with the economy here, folks, just move along;
OR
2. We must blame the Democrats.

I hope the whole thing is wrong, but if Cramer is correct, the Murdoch Street Journal will do one of those two things, mark my words.
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