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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: RetiredNow who wrote (154163)3/10/2020 10:17:33 PM
From: sense  Read Replies (1) of 217792
 
It is ultimate true that markets are enormously wasteful...

Fewer than 3% of businesses ever really work out...

So, close to 97% of all investment is wasted...

But, the 3% succeeds so well in accepting that inefficiency, that its worlds better than where the non-market inefficiencies can be "made to work"...

And that's true... that wiping out the (corporate fictions in) the vessels holding the assets now... doesn't alter the assets. So, the issues (other than who ends up with the assets post BK) are mostly ones of timing... a known in the BK process being ponderous... with that ponderousness creating risks and opportunities of its own...

Buy low... which means when the vessel is held at risk... but only when the risk is most apparent and the vessel is still held safe... or is likely to be in a properly risked option.

What's different this time ? The pace of the decline... an effort to alter the time function... not teaching the kittens to swim before throwing them in the river... while making sure they go in the deep end in a bag the Russians have filled with bricks.

The time functions... not all and only about money and markets...

Nor is the virus...

Clocks are set ticking on wars... that are increasingly likely to occur as conflicts emerge from prior constraints to have them become more actively contested...
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