Jim Cramer's August 2007 outburst is a must watch!
I am not usually a fan of his style, but in this case, his outburst was justified and eerily prescient!
Tech Entrepreneurship, Economics, Life Philosophy and much more!
Tech Entrepreneurship, Economics, Life Philosophy and much more!
I am not usually a fan of his style, but in this case, his outburst was justified and eerily prescient!
I particularly enjoyed his position on Bear Stearns: http://www.youtube.com/watch?v=gUkbdjetlY8
Long time reader…
I have been addicted to watching his perspective as things continue to unravel, but I was annoyed with him prior to seeing his outburst.
But Cramer was calling for a rate cut! That would have made the problem go away for a little bit, but would have made it worse when it happened. As long as people think that they will be bailed out, they have an incentive to gamble.
Byrne:
I am not saying I agree with his recommendation (I don’t), I am just impressed that he went out and said how bad things really were before most people started talking about it.
Sheesh Fabby you are behind the times on this one! I was on the air immediately after his rant forwarding to friends in Aug 07. I like Jimmy’s intensity even though he is a professed left of center he favors oil drilling.