# The financial crisis and the failure of CNBCs financial "experts"

**URL:** <https://pheromonetalk.com/t/the-financial-crisis-and-the-failure-of-cnbcs-financial-experts/27238>\
**Category:** Lounge\
**Created:** [March 19, 2009, 9:49pm UTC](https://pheromonetalk.com/t/the-financial-crisis-and-the-failure-of-cnbcs-financial-experts/27238 "2009-03-19T21:49:12Z")\
**Posts on this page:** 1\
**Showing post:** 4

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**Author:** ![PheroQuirk](https://avatars.discourse-cdn.com/v4/letter/p/9e8a1a/32.png) [@PheroQuirk](https://pheromonetalk.com/u/PheroQuirk)\
**Post date:** [March 24, 2009, 2:04am UTC](https://pheromonetalk.com/t/the-financial-crisis-and-the-failure-of-cnbcs-financial-experts/27238/4 "2009-03-24T02:04:11Z")

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Now if you come to a [pheromone](https://a314.com/shop/) forum for financial advice you need your head examined… but one can often gain inspiration for further research from people you encounter in life.

> [@Our collective economic ass is about to get kicked, hard and rude.](https://pheromonetalk.com/t/our-collective-economic-ass-is-about-to-get-kicked-hard-and-rude/2464):
>
> this is an excerpt from today’s New York Times… it is what you might call a masterpiece of understatement, if you know what I mean… the backchannel rumors are on the brink of sheer terror.. this is, if you read closely, about the potential collapse of a 6.5 TRILLION dollar market, even a minor downturn in this decade long money machine spells major trouble if they can’t unbreak it quick… everybody’s in denial, and de Nile ain’t just a river in Egypt: "Now, as then, Wall Street firms and entrepr…

Tacitus sounded the warning here back in March 2007, making it pretty clear the magnitude of the events to come.

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