Opinion of SamSpade's economic predictions

[I spent the winter writing songs about getting better]

So hilariously dumb in hindsight. Remember when he started talking about a military coup and insisting that was more likely than even a mild recovery?

[opebo]

Can't remember the details, but he always seemed completely off his rocker in a general sense.

[Badger]

Pretty damn bad for a guy whom, IIRC, worked in finance of some sort.

[I spent the winter writing songs about getting better]

By the end of his posting he wasn't really even making predictions, just very vague statements that couldn't be disproven, similar to horoscopes or fortune cookies.

[Lief 🗽]

Remember when he started talking about a military coup and insisting that was more likely than even a mild recovery?

Be patient.

[Torie]

1. Sam, where and what happened to the economic collapse that you said was out there just over the horizon?

2. Sam: be patient.

Now that Sam is a lawyer (I don't know Badger got the finance thing - that's moi Badger, not Spade ), maybe he has learned that you just don't make predictions like that (granted he was always somewhat non-specfic as to the exact date of the end of the World as we know it). Rather, you just express concerns, and suggest that the risk-reward ratio of continuing steady as she goes, simply doesn't pencil. That way, you always have escape routes. Being boxed in is for amateurs really.

[Tetro Kornbluth]

I was actually thinking about this the other day, in the context of Ireland:

Ireland is still the biggest bomb out there in Europe - their external debt ratio is mind-boggling and they're not a little dipsh**t state like Greece.

Austerity now or collapse later?

Of course, it's not really like Ireland is being frugal in the larger sense.

Of course, Austerity has since massively expanded our debt...

That being said, it is probably time to long Euros and stock market.  There is still the possibility of getting new highs out of the latter, but I wouldn't be betting on it very strongly.  I also wouldn't overstay my welcome.

This whole thread (Lol Phknrocket)

So, when are we going to default and the time we have to invest in whiskey and guns? (Which he said at some point but now can't find it)

[politicus]

HP = Hilarious predictions

[I spent the winter writing songs about getting better]

I remember one that was along the lines of "if this thing occurs, and you don't already own one, go buy a gun immediately."

[© tweed]

I will say, despite it all, we as the community are lacking a coherent Spade-ology

[Tetro Kornbluth]

I will say, despite it all, we as the community are lacking a coherent Spade-ology

I completely agree with this - but it is simple, Sam Spade was simply the only moderately intelligent ultra-reactionary this forum has ever had.

[Paul Kemp]

Don't remember what they were but I'll assume they were horrible.

[Grumpier Than Uncle Joe]

Don't remember what they were but I'll assume they were horrible.

Yeah, this. But I still miss him being here.