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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (74159)11/27/2010 9:42:57 AM
From: arun gera1 Recommendation  Read Replies (2) of 74559
 
Are you suggesting that the countries that are falling over are going bankrupt because they are evil? More like foolish. Foolish because it is difficult to understand the mathematics of indebtedness and currencies; also the borrower is handicapped by the overconfidence that comes with easy money.

In any case, the good countries such as Germany that were lending money will find out that their hard work is not going to help them because they got greedy and risked too much.

Maybe there in Good or Evil. Just difference in risk perception. The Good understand that there is a risk in violating a social contract or standard, and will do "good" to lower their risk profile. When their is no chance to get caught or everyone is doing the wrong thing, the Good typically join them. The Evil just estimate that their chances of getting caught are much lower and reward to risk ratio is worth it.

The Good are likely to be conservative investors, who will bet on supposedly safe stocks such as GM,GE, Citigroup, Bank of America because they believe that these companies would not be so big if they were not Good.

>That's why Good always triumphs over Evil - Evil can only exist as a parasite on the Good. First, there's Goodness, then the Evil can latch on and feed. The feeding has grown mightily now and many countries are falling over bankrupt from the process.>
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