Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Will the Iceland volcano cause a worldwide economic collapse? After 18 months of spewing ash we may

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:22 AM
Original message
Will the Iceland volcano cause a worldwide economic collapse? After 18 months of spewing ash we may
be in big, big, big trouble.

Also the major rise in the stock market is over as far as I'm concerned and it's time to get out or start selling short big time, if you have the know how or ability.
Printer Friendly | Permalink |  | Top
gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:23 AM
Response to Original message
1. "The End is Near"
Printer Friendly | Permalink |  | Top
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:25 AM
Response to Reply #1
3. You betcha. n/t
Printer Friendly | Permalink |  | Top
 
Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri Apr-16-10 11:48 AM
Response to Reply #3
8. Deleted sub-thread
Sub-thread removed by moderator. Click here to review the message board rules.
 
MUAD_DIB Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:38 AM
Response to Reply #1
5. Oh Noes?
Printer Friendly | Permalink |  | Top
 
Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:25 AM
Response to Original message
2. Only for the Western airline industry.
But Mr. Tesha was sort-of hoping to go to Finland
on business come May; we'll see if his plans end up
in ashes...

Tesha
Printer Friendly | Permalink |  | Top
 
Aramchek Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:33 AM
Response to Original message
4. the bitterness is strong with this one
Printer Friendly | Permalink |  | Top
 
Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:39 AM
Response to Original message
6. We're all DOOMED!!!!!
:rofl:
Printer Friendly | Permalink |  | Top
 
TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:43 AM
Response to Original message
7. Upon what do you base your stock market advice?
What are YOU selling short?

What are you moving your investments from the stock market to?

Printer Friendly | Permalink |  | Top
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:53 AM
Response to Reply #7
9. At 70 I've seen this movie before. Old saying everybody learns how to buy but
nobody learns how to sell. This has been one of the best and fastest run ups in history, how long do you think it can last????

And what business of yours is my business?
Printer Friendly | Permalink |  | Top
 
TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 12:00 PM
Response to Reply #9
13. Utter hysterics devoid of content.
Don't start threads claiming the sky is falling and it's time for people to get out unless you can back it up with more than your simplistic conclusions. And if you do, be prepared to hear from people who know more than you about the topic and will take issue with you.

If you start a thread here and make some ridiculous statement - as in the OP - you make it my business, and it will be my business to correct you. Your comments are uninformed.

Have you ever sold stock short, even once? Have you moved your investments from the stock market to something else this week, following your own advice? Or is this just you making another ridiculous, unsupported claim?
Printer Friendly | Permalink |  | Top
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 12:20 PM
Response to Reply #13
16. Headline on CNBC (Risk of 30-40% Drop in Stocks: Strategist )
Printer Friendly | Permalink |  | Top
 
TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 12:35 PM
Response to Reply #16
17. Well, if you read it on CNBC, it must be true!
You might as well link some post on a right wing blog.

What you're saying is "here's some guy who agrees with me!" Yes, the GOP and its hacks have been saying "sky is gonna fall again, just you watch" since the recovery took hold. Some of those hacks get quoted on CNBC. Every day.
Printer Friendly | Permalink |  | Top
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 12:59 PM
Response to Reply #17
18. MSNBC headline (Volcano could build into major business woes.)
<http://www.msnbc.msn.com/id/36598435/ns/travel-news/>

I hope this meets your approval as a source.
Printer Friendly | Permalink |  | Top
 
TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 01:15 PM
Response to Reply #18
19. Here's my rebuttal.
Printer Friendly | Permalink |  | Top
 
TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 06:23 PM
Response to Reply #7
31. He's selling short because he's only five feet tall...
Printer Friendly | Permalink |  | Top
 
Grand Taurean Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:54 AM
Response to Original message
10. Mount Saint Helen's eruption spelled doom too.
:sarcasm:
Printer Friendly | Permalink |  | Top
 
elocs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:57 AM
Response to Original message
11. So, are you going to cover people's losses who follow your advice?
I didn't think so.

Yes, to somebody the sky is always falling and disaster lurks around every corner.
Printer Friendly | Permalink |  | Top
 
dionysus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 11:57 AM
Response to Original message
12. we're all gonna die.
Printer Friendly | Permalink |  | Top
 
CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 12:02 PM
Response to Original message
14. We are surely doomed because never before have we survived a volcanic eruption
and never while the stock market was going up.

oh no. i guess i'll cash in my 401k.

wow that was stupid. :eyes: :banghead:
Printer Friendly | Permalink |  | Top
 
FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 12:06 PM
Response to Original message
15. LOL!
Just the fact that you are posting a prediction once again. :rofl:
Printer Friendly | Permalink |  | Top
 
onenote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 03:19 PM
Response to Original message
20. the best argument for staying the stock market i've seen
given the OP's track record.
Printer Friendly | Permalink |  | Top
 
CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 03:47 PM
Response to Original message
21. Have you ever evaluated your past predictions to see if prophecy is your gift?
:shrug:
Printer Friendly | Permalink |  | Top
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 04:33 PM
Response to Reply #21
22. No, why worry about the past? The future will be what it will be. I'm not going to change it, but
I like to think about the possibilities and not worry about the probabilities.

It's an internet forum get a grip.
Printer Friendly | Permalink |  | Top
 
CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 04:41 PM
Response to Reply #22
23. I had this crazy idea that you had enough self respect to care about being right
Edited on Fri Apr-16-10 04:42 PM by CreekDog
and would not want to mislead anybody into doing something like short selling all their stock based on a volcanic eruption and a year long upswing in the stock market.

but that's just me. me, i worry that people might listen to me and do what i say and don't want them to do something stupid just because i said so.
Printer Friendly | Permalink |  | Top
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 04:53 PM
Response to Reply #23
24. Let me repeat, it's an internet forum get a grip.
Printer Friendly | Permalink |  | Top
 
CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 06:17 PM
Response to Reply #24
29. You aren't asking me to get a grip, you're asking me not to criticize your post
not happening mister.
Printer Friendly | Permalink |  | Top
 
DCBob Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 05:29 PM
Response to Original message
25. I dont think investors will react much to this unless it buries the entire continent in ash..
As long as it does not affect oil and general commerce they will take it in stride. Airline stocks are already in the dumper.
Printer Friendly | Permalink |  | Top
 
WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 05:33 PM
Response to Original message
26. That's it, I'm dumping everything I have in bonds and cash and putting it all
in stocks.
Printer Friendly | Permalink |  | Top
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 05:58 PM
Response to Reply #26
28. Warning — This Market Is Tiring: Elliott Wave Analyst-- CNBC
<http://www.cnbc.com/id/36549361>

Buying at the top is not a winning move, nor being in bonds at neg interest rates.
Printer Friendly | Permalink |  | Top
 
WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 07:16 PM
Response to Reply #28
35. Well if a CNBC analyst says the market is topping out
it's time to liquidate all my assets and put every penny into stocks.
Printer Friendly | Permalink |  | Top
 
greencharlie Donating Member (827 posts) Send PM | Profile | Ignore Fri Apr-16-10 05:37 PM
Response to Original message
27. theoretically,
it could affect climate AND economy.
Printer Friendly | Permalink |  | Top
 
ChimpersMcSmirkers Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 06:22 PM
Response to Original message
30. Oh brother. Everyone knows that Yellowstone is what will get us.
Edited on Fri Apr-16-10 06:25 PM by ChimpersMcSmirkers
Printer Friendly | Permalink |  | Top
 
CK_John Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 06:37 PM
Response to Reply #30
33. Wow, they had some quake activity in Yellowstone early this week. n/t
Printer Friendly | Permalink |  | Top
 
Puzzler Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 06:29 PM
Response to Original message
32. Maybe it's time for the return of trans-Atlantic ocean liners.
Printer Friendly | Permalink |  | Top
 
Lyric Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 06:39 PM
Response to Original message
34. Very unlikely, but I suppose in the absolute WORST case scenario
Edited on Fri Apr-16-10 06:40 PM by Lyric
(ie., that the volcanic ash spews thickly enough and for long enough to affect European agriculture) then yes, there could be a collapse of the European economy. Of course, that would be great for certain parts of *our* economy (there would suddenly be enormous demand for imported produce, and I'm sure our farmers would try to get in on some of that action) but it could also mean a rise in prices for American produce. After all, we'd be competing against European buyers for some of our produce.

Of course, all of this is HIGHLY unlikely. The current eruption really isn't big enough to do much damage. But if another one erupts at the same time, or if this one suddenly gets REALLY powerful, then maybe...maybe...we'd have a problem. And even then, not likely.

Either way, there's not much we can do about it. Mother nature is notoriously unpredictable about these things.
Printer Friendly | Permalink |  | Top
 
depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 08:52 PM
Response to Original message
36. Looks as if the Brits may run short on fruits and vegetables
A good many of which comes in by airfreight.
Printer Friendly | Permalink |  | Top
 
Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-16-10 09:39 PM
Response to Original message
37. A natural catastrophe - wow, humans have NEVER had to deal with that before
I don't know about you, but I'm lying down on the floor right now, waiting for my demise.

But first, I've got to turn my computer off. Don't want to waste power.
Printer Friendly | Permalink |  | Top
 
boppers Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-17-10 01:25 AM
Response to Original message
38. If only we had ways of communication and travel besides planes...
Maybe we could use boats to lay cable across the oceans, and send messages that way? We could send a lot of messages over the wire with maybe some simple encoding, maybe long and short pauses between electric clicks?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue May 07th 2024, 10:39 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC