Waiting for the big Kahuna 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 : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (79930)	4/6/2008 6:15:15 AM
From: Real Man	Read Replies (2) of 94695

All is well, no worry. It's just a plain vanilla currency crisis. Da Fed will save us from what they got us into in the first place. It's all like S&L, LTCM, and such. Bear bailout will work. -g- Da Fed is terrified cause chit would have hit da fan in the way described below if they did not intervene with Bear. We must not worry, cause they will always be there. Or will they? 50% of their account already drained. They can always print. Woo hoo! Dat will REALLY help in a currency crisis situation... <GGG> A 9% dollar drop in 1 month must be da bottom. Gotta rally now. <g> Or is it KA-bloom thing? To 50? Nah. Can't possibly happen in the USA. This is Argentina 2001 stuff... It's really comforting to know that a failure of one firm (Bear) could bring down the system through counterparty agreements as a domino effect, cause Bear just happens to have 13.4 Trillion notional in derivatives. <g> When chit hits da fan, currency crisis definition: A sudden and usually large decrease in the value of the currency of a country, accompanied by an inability to get any or all of one's money out of any bank or financial institution.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next