(5/12/09) Jim Cramer: "The damage doesn't stop w/ the Nobel winners, lately it seems like almost everyone w/ a Ph.D. in economics is doing more harm than good: Paging Dr. Roubini, Paging Dr. Roubini."
"We want the economy to survive, maybe even thrive, but these professors and Nobel winners--they just want it to take a dive."
Background Article:
"Stressing the Positive": http://www.nytimes.com/2009/05/08/opinion/08krugman.html
Video: CNBC's "Mad Money" w/ Jim Cramer
Do the opposite of what Cramer says and you'll be rich. This guy is always wrong. The moment he tells his audience to go long on a stock it'll drop the next 2 days. Opposite for shorts. Like I said this guy is best at making the wrong calls.
pokermon919 1 year ago
There is a difference between jobs and stock markets. There is a difference between our economy and stock markets.
This guy is an idiot, but he calls the stock market pretty well.
stoobers1 2 years ago
I'll listen to Peter Schiff and Roubini because THEY WERE RIGHT unlike cramer
SKUNKBALLScom 2 years ago
Cramer is such a jerk and a yanky dinosaur. People like him should have been railroaded out of the media ages ago.....He gives the average US citizen a bad name...
mikeklein888 2 years ago
nothing has lost me more money than Cramer's action alerts plus!
patrickjanicke 2 years ago
As Jim Rogers says, he's bad for my nervous system!
groovyri 2 years ago
this guy's an idiot. He's been so wrong so often. I'll stick to Roubni.
Zeldovich 2 years ago
When lots of people have confidence in an economy that has weak fundamentals, those lots of people eventually lose money.
Entropy137 2 years ago
hey lets not forget that in 1882 - 1913 the world felt that for once humanity was on the brink of PERFECTION ECONOMICALLY AND SOCIALLY....um 1914 changed all of that. Optimism doesn't flirt too well with reality.
LIV40FTFRMSHAWHIGH 2 years ago
brutal.The only ones dumber than cramer are the people who believe the crap he spouts
chengiggler 2 years ago