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Twelve Days of Christmas Bust 2007

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  • Twelve Days of Christmas Bust 2007



    Twelve Days of a Christmas Bust 2007 - iTulip 2006

    What Christmas next year might hold in store. Brought to you by ex-Federal Reserve Chairman Alan (What Bubbles?) Greenspan and a Securities and Exchange Commission that removed the speed limit signs from the U.S. financial markets freeway while installing two foot high speed bumps to over-regulate public corporations.




    On the first day of Christmas,
    my central banker gave to me
    A post-housing bust economy.



    Source: Haver Analytics

    On the second day of Christmas,
    My central banker gave to me
    Two million insolvent households,
    In a post-housing bust economy.



    Source: Washington Monthly

    On the third day of Christmas,
    My central banker gave to me
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.




    On the fourth day of Christmas,
    My central banker gave to me
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.



    Alpha seeking sheep line up for another shearing

    On the fifth day of Christmas,
    my central banker gave to me
    Five million panicking speculators,
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.




    On the six day of Christmas,
    My central banker gave to me
    Six hundred hedge funds a-closing,
    Five million panicking speculators,
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.




    On the seventh day of Christmas,
    My central banker gave to me
    Seven stock markets a-crashing,
    Six hundred hedge funds a-closing,
    Five million panicking speculators,
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.




    On the eighth day of Christmas,
    My central banker gave to me
    Eight million derivatives contracts un-delivered,
    Seven stock markets a-crashing,
    Six hundred hedge funds a-closing,
    Five million panicking speculators,
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.



    Source: The Economist

    On the ninth day of Christmas,
    My central banker gave to me
    Nine private equity firms a-shutting,
    Eight million derivatives contracts un-delivered,
    Seven stock markets a-crashing,
    Six hundred hedge funds a-closing,
    Five million panicking speculators,
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.



    Argentina Bank Closure, 2002
    Source: BBC

    On the tenth day of Christmas,
    My central banker gave to me
    Ten banking systems a-failing,
    Nine private equity firms a-shutting,
    Eight million derivatives contracts un-delivered,
    Seven stock markets a-crashing,
    Six hundred hedge funds a-closing,
    Five million panicking speculators,
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.



    Soup Line, Russia 1999

    On the eleventh day of Christmas,
    My central banker gave to me
    Eleven nations in recession,
    Ten banking systems a-failing,
    Nine private equity firms a-shutting,
    Eight million derivatives contracts un-delivered,
    Seven stock markets a-crashing,
    Six hundred hedge funds a-closing,
    Five million panicking speculators,
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.



    Source: GlobalSecurity.org

    On the twelfth day of Christmas,
    My central banker gave to me
    Twelve wars a-raging,
    Eleven nations in recession,
    Ten banking systems a-failing,
    Nine private equity firms a-shutting,
    Eight million derivatives contracts un-delivered,
    Seven stock markets a-crashing,
    Six hundred hedge funds a-closing,
    Five million panicking speculators,
    Four collapsing currencies,
    Three million credit defaults,
    Two million insolvent households,
    In a post-housing bust economy.


    For a more serious treatment of the same topic, see: 25 Surprises for 2007 By Doug Kass, Street Insight Contributor.

    For a layman's explanation of financial bubble concepts, see our book americasbubbleeconomy
    For macro-economic and geopolitical currency ETF advisory services see "Crooks on Currencies"
    To buy and trade gold easily and inexpensively, see BullionVault
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    All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Nothing appearing on this website should be considered a recommendation to buy or to sell any security or related financial instrument. iTulip, Inc. is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. Full Disclaimer
    Last edited by FRED; 08-12-07, 09:46 AM.

  • #2
    Re: Twelve Days of a Possible Christmas - iTulip 2006

    But surely your map is deficient, you have not filled in the colours for the war between the USA, the UK and allies and Iraq? It is important that itulip does not follow the administration into denial over that war.

    Comment


    • #3
      Re: Twelve Days of Christmas Bust 2007

      Great! Very funny...

      Comment


      • #4
        Re: Twelve Days of a Possible Christmas - iTulip 2006

        Originally posted by Chris Coles
        But surely your map is deficient, you have not filled in the colours for the war between the USA, the UK and allies and Iraq? It is important that itulip does not follow the administration into denial over that war.
        looks like location, and not each and every particpant. NATO countries are also in Afganistan, including Canada and the European countries and they are not colored in. I'd guess that it is the website cited that's responsible, and not itulip.

        Comment


        • #5
          Re: Twelve Days of a Possible Christmas - iTulip 2006

          Originally posted by Chris Coles
          But surely your map is deficient, you have not filled in the colours for the war between the USA, the UK and allies and Iraq? It is important that itulip does not follow the administration into denial over that war.
          I encourage you to follow the link of the named source: GlobalSecurity.org
          Ed.

          Comment

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