A British Bear Opines On Meredith Whitney & Unemployment (Clip)
Comedy Hour: An interesting British chap who doesn't like Meredith Whitney's appearance but gets turned on by her use of financial nomenclature:
"She's just not my sort of woman at all--big, blousy, blonde, American woman. Not my sort. Not my sort at all. But then she talks about off-balance sheet SIVs and MTM accounting and dirty talk like that, and I'm just captivated."
He is 'TheModernMystic' on youtube and seems to have a decent following there. It's part comedy, part solid discussion of U3 and U6. Give him a chance. You might be surprised.
Commentary, summary and link from SD:
"Goldman Sachs and Bank of America, because they are running on taxpayer's money, will make money. But what's the economy going to do with 15% U3 and anywhere near 30% U6 unemployment [BLS blue pill and red pill seasonally adjusted U.S. national unemployment rates for the uninitiated.]."
"But the American market goes up over 2% [on Meredith Whitney's Goldman Sachs bull call]. Despair! That's it. I've finished. I might go and watch the interviews now. Bye."
DESPAIR! America's Next Top Model and America's Got Talent are on Wednesday night. I may go home and watch them. Bye.
Jul 14, 2009 at 9:16 AM
Reader Comments (3)
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"Goldman Sachs and Bank of America, because they are running on taxpayer's money, will make money. But what's the economy going to do with 15% U3 and anywhere near 30% U6 unemployment [BLS blue pill and red pill seasonally adjusted U.S. national unemployment rates for the uninitiated: http://www.bls.gov/news.release/empsit.t12.htm]? But the [American] market goes up over 2% [on Meredith Whitney's Goldman Sachs bull call]. Despair! That's it. I've finished. I might go and watch the interviews now. Bye."
DESPAIR! America's Next Top Model and America's Got Talent are on Wednesday night. I may go home and watch them. Bye.
It's late and I can't sleep. TheModernMystic you linked above, just linked you here: http://www.youtube.com/watch?v=ZBViWySUIdc
I love this guy.