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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ilaine who wrote (106863)6/6/2001 11:29:19 AM
From: oldirtybastard  Read Replies (1) of 436258
 
I wasn't talking about buying stocks on margin. The money is coming from somewhere, right? It's not coming from earnings or revenues. That means it is either growing on trees, coming from a complex labyrinth of derivatives of itself, or being taken from some people by others. Once it is all taken, and you have no system of generating it other than taking it from someone, or growing it on trees, or creating ever more derivatives, what will happen to those pieces of paper everyone holds that cannot pay for themselves in the next 20 or whatever years and yet are the underpinning of the entire economic system? The fed is trying to hard to grow the money on trees right now, and foreigners are helping, it's not a system that seems to stable to me over the long haul, bwtfdik? Seems like a house built on sand is all
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