By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - General - How is our economy doing?

MontanaHatchet said:
Kasz, you're the person who thought that if two consoles start out selling the same then one started out fast out the gate and the other didn't. All I'm really saying is that personal attacks like those aren't really appropriate.

I never said the Saturn started off slow.  You did.  Neither started off slow... the PS1 started off fast matching the Saturns pace.  Thereby making it irrelevent in the thread that was in discussion. 

Since it was about consoles who started off doing much worse then the console beating them, then made a comeback.

Also questioning someones economic knowledge when they've shown in the past they've had a lack of such knowledge totally appropriate when said person starts talking about the economy.



Around the Network
Kasz216 said:
akuma587 said:
Kasz216 said:

You're the person who thought Sony was doing ok because of they're stock price right?

Unless you've greatly increased your economic knowledge since then... why should people listen to you?

 

Actually Sony's stock is up over 60% since February.  I guess I am a retard who would have only gotten a 60% return on his money:

 

How so?

You tried to use Sony's stock drop to suggest that the company wasn't doing bad.  When it's obvious by the massive restructurings they had to do it was doing bad.

You were wrong.

 

I wish I was wrong this often then.

 



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

Kasz216 said:
MontanaHatchet said:
Kasz, you're the person who thought that if two consoles start out selling the same then one started out fast out the gate and the other didn't. All I'm really saying is that personal attacks like those aren't really appropriate.

I never said the Saturn started off slow.  You did.  Neither started off slow... the PS1 started off fast matching the Saturns pace.  Thereby making it irrelevent in the thread that was in discussion. 

Since it was about consoles who started off doing much worse then the console beating them, then made a comeback.

Also questioning someones economic knowledge when they've shown in the past they've had a lack of such knowledge totally appropriate when said person starts talking about the economy.

Oh geez louise, I just realized. I didn't say that you thought the Saturn started out slow. Try reading next time. You claimed that the PS1 started out fast at the gate and then we had a huge debate where I kept saying it didn't and you never provided a good counter-point. I'm not looking to have the debate again, but all I'm saying is that you've been wrong before so you shouldn't call other people out for something. Unless of course you want me going to every sales history thread you post in and claiming you're not credible because of a couple of posts you made.

 



 

 

akuma587 said:
Kasz216 said:
akuma587 said:
Kasz216 said:

You're the person who thought Sony was doing ok because of they're stock price right?

Unless you've greatly increased your economic knowledge since then... why should people listen to you?

 

Actually Sony's stock is up over 60% since February.  I guess I am a retard who would have only gotten a 60% return on his money:

 

How so?

You tried to use Sony's stock drop to suggest that the company wasn't doing bad.  When it's obvious by the massive restructurings they had to do it was doing bad.

You were wrong.

 

I wish I was wrong this often then.

 

Well if you'd like to argue you were right i'm ready to hear it.

Though I think it's fairly hard to disagree that sony was really in the crap at the time having to massivly restructure and all that aftewords.

 



Your dollar now will worth $0.50 in 2 years.



Around the Network
MontanaHatchet said:
Kasz216 said:
MontanaHatchet said:
Kasz, you're the person who thought that if two consoles start out selling the same then one started out fast out the gate and the other didn't. All I'm really saying is that personal attacks like those aren't really appropriate.

I never said the Saturn started off slow.  You did.  Neither started off slow... the PS1 started off fast matching the Saturns pace.  Thereby making it irrelevent in the thread that was in discussion. 

Since it was about consoles who started off doing much worse then the console beating them, then made a comeback.

Also questioning someones economic knowledge when they've shown in the past they've had a lack of such knowledge totally appropriate when said person starts talking about the economy.

Oh geez louise, I just realized. I didn't say that you thought the Saturn started out slow. Try reading next time. You claimed that the PS1 started out fast at the gate and then we had a huge debate where I kept saying it didn't and you never provided a good counter-point. I'm not looking to have the debate again, but all I'm saying is that you've been wrong before so you shouldn't call other people out for something. Unless of course you want me going to every sales history thread you post in and claiming you're not credible because of a couple of posts you made.

 

I don't make posts in sales history threads often because I know shit about predicting sales.

I think I've done a total of two.  I completly missed the ball on Wii Fit.

And I hit White Knight Chronciles right on the head... which I generously never brought back up to Max King of the Wild who was insisting much more unrealistic sales numbers.

Furthermore, basing a company's overall health by it's stock price (that's rapidly plunging and plunged faster then Nintendos and Microsofts) is a very big mistake.

It would be like me judging sales of games based on box art covers.  And if I judged the sales of games based on box art covers then yeah... I'd want you to come back at it with me cause it's a stupid practice.

I actually want to know if he's taken any time since then to learn something knew or if he's going with the same goofy logic.



Well that's fine. Did you read Akuma's post? If it included stock numbers I could see why you'd be sceptical. I didn't read it since I didn't really care, but I assume you did.

And I hate the spellcheck on this site.



 

 

MontanaHatchet said:
Well that's fine. Did you read Akuma's post? If it included stock numbers I could see why you'd be sceptical. I didn't read it since I didn't really care, but I assume you did.

And I hate the spellcheck on this site.

There is a spellcheck on this site?

Yeah I read his post.   The first one had to do with the DOW.

The problem really isn't that so much as the whole post is basicallyanything you would here on your average media day from the Whitehouse spokesman.

I'm wondering if he actually understands what he's saying or if he's just going with what he's read.

I mean he even throws in the usual "Same people who were fine with the republicans" dance he throws in every economic conversation... when these people aren't ever in these threads and don't seem to exist... outside of like... Halogamer.

While his 2nd and 3rd ones are base speculation that aren't points so much as hopes.... since he refrences numbers that haven't been reached but apparently aren't as bad as they were.

The only stat he has in there is consumer spending... which is more stabilized then anything... though a very fragile stablizing due to it being based on consumer mood.  Not any increase in the economy's actual performance.


Whether or not the economy is bottoming or out... nobody really can say now with any confidence.  It's all balancing on a wire right now.  Consumer Spending could freefall again eaisly if consumer mood is hurt by some disaster... which may or may not manifest depeneding.

If you ask me, the real answer to how the econmy is doing is "I don't know... check back in half a year."