2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.39

+0.5%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: carranza2 who wrote (83668)	11/26/2011 4:10:35 AM
From: Maurice Winn	3 Recommendations Read Replies (1) of 218280

Come on now C2, globalized properity is zipping along nicely. Global GDP continues to expand. Life is good and getting gooder. <we are in an economic crisis, one that began when the consumer's biggest ATM, his home, started to fall in value. What happened to that globalized prosperity? It is disappearing as the debt incurred to support consumption has overwhelmed consumers > Never in biological history have things got as better as quickly as they are now. There are 5 billion people making things better every day. 5 billion is a stupendously vast synergistic synchronicity, leveraging compounding knowledge with exponentiating Cyberspace and asymptotic intelligence gains powered by parabolic economies of scale. Globalized prosperity is great and getting greater. The economic crisis for the individuals who are involved began not when their ATM house prices started falling but when they believed the gains were real. The crisis for the shareholders of Citigroup, Lehman and others began when they believed they could create ridiculous financial instruments and bet on insolvent speculating counter-parties paying the bill on time. The crisis for the government spivs and bludgers began when they thought the halcyon taxation years were real, though they were based on speculative capital gains and other borrow and hope ponzi schemes. There isn't really a crisis. It's just a matter of those who had inflated expectations coming back to earth and getting real jobs paid what they are worth, which might or might not be as much as the minimum wage. The problem is that electorates and their politicians won't accept reality and will come up with really bad self-destructive ideas to avoid reality, thereby creating a genuinely bad outcome. Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next