Jim Cramer's Best Blogs

What needs to go right for all of these shorts, of course, is worldwide recession, which seems pretty likely, and an end to China as a growth engine. Who knows anymore.

Either way, consider this the short handbook based on the charts and a repeal of the move that began with worldwide growth exceeding U.S. growth, and the rest-of-world thesis/BRIC thesis. A repeal would be devastating, of course, and the bears would still coin money from these levels.

On Friday, I asked what would make the bears less bearish, and I got some answers. But I think I have discovered the real answer: the total and utter destruction of the wealth created by these stocks in the last three-and-a-half years.

Bears, I believe you will be bulls if and when it is accomplished. Or, at least, not as bearish as before.

At the time of publication, Cramer was long Cisco, Hewlett-Packard, Deere and Freeport-McMoRan. Jim Cramer is a featured commentator for CNBC, which is owned by General Electric; as part of his contract, Cramer holds restricted shares in GE.

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Where Was the Foresight on Lehman and WaMu?

Originally published on Thursday, Sept. 11, at 9:28 a.m. EDT

A world without Lehman (LEH) or Washington Mutual (WM) will not be a better world. I am not coming with some silver-lining nonsense. All of the other players will benefit when it happens, but that benefit can't be felt until all of the chaos is sorted through.

The idea of a "plan" for these two, so obvious after Bear and IndyMac, isn't even on the table, let alone something to execute. We know that the books of both are so meaningless -- thanks to an SEC that has pretty much given up its mission -- that we must experience a huge amount of pain as these two are sorted out. Then we will have to be ready for AIG's (AIG) collapse, which won't be long.

Lehman's happening a tad faster, but that's now obviously because it was a terrible underwriter in Europe.