All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: Adelantado who wrote (14581)	3/4/2000 2:09:00 PM
From: yard_man	Read Replies (2) of 42523

Everyone can't attain wealth -- much of the wealth today -- paper gains are illusory. Suppose just 5% of folks sitting on paper gains decided to convert that paper to real goods -- got any idea what would happen to the markets? You may well say -- with credit so readily available -- they don't need to convert -- just be loopy enough to go ahead and spend it now -- but that means a crash in asset values is inevitable after the last person gets in, company's buy back all the shares they can, etc. It takes an ever increasing flow to sustain the virtuous circle -- it will continue until it doesn't -- and when it doesn't -- poof to a good part of it and then we begin the virtuous circle in the other direction. Get ready -- it will happen well before the election.

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