Formerly About Advanced Micro Devices 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.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (424741)	10/11/2008 1:08:41 PM
From: combjelly	Read Replies (2) of 1575397

"if the government comes out of this controlling most of the financial industry, and the flow of capital and insurance, then they also come out of it controlling the winners and losers in the "free market"." Yep. Like I've been saying, we have a new game. And, since they are making it up as they go along, we don't know what the rules are going to be. "All this stuff is unprecedented except in third world communist countries where the government seizes the 'means of production' based on misbehaviour. Fear of losing your prosperity has given them carte blanche with the voters to upend capitalism." My gut tells me they are doing this because they see no alternatives. As you note, this is unprecedented. Not only do we not know how to do this, more importantly, we don't know how to unwind it when things are stable. And that tells me they are desperate. As noted in the article I posted the other day, LC's aren't enough any more. And that means the whole system seizes up. Because the system cannot realistically operate with the alternatives. This is starting to scare me.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next