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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (405323)5/20/2010 9:24:03 PM
From: Real Man  Read Replies (1) of 436258
 
> who is that asshole who attacked you last week?

Hahaha.

Cause I told him what does not crash must blow, and
he did not believe.

Yes, this has been a favorite theme of mine for more
than a decade. The non-linear feedback effect inside
a derivative house of cards collapse. Ah, a statistical
self-propagating outlier that keeps propagating until
it is bailed out by the Fed. Hahaha told me there is
no inherent danger in that, and an outlier is what it
is, statistical. It's against my beliefs

It did not blow. I admit I was wrong like Prechter.
I am still wrong, cause I still believe it will blow,
and 2008 only confirmed that to me.

To common folks this self-propagating outlier is known as the
mythical "derivative meltdown". I also stated way back when
(a decade ago) that derivative bubble will continue to grow
until it gets bigger than the Fed, so the self-reinforcing
outlier can't be stopped. Then again, how can it get bigger
than the Fed if the Fed can print?

The latter meltdown is known as SHTF, although the one we are
about to experience was never experienced before.
I think we are almost there, but I may be mistaken.
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