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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (24009)10/7/2002 7:56:19 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello Pearly_Button, <<Shouldn't the beginning of paragraph 5 ... actually say

Financial deepening then developed on these two islands. Rice Island incorporated its rice production into a company, Rice Co?>>

I believe so.

<<I have trouble with this high finance stuff. Just making sure>>

Seems like you actually read the article. I do not know much about finance either, and what I do know, I got from chewing on coconut husks:0)

Message 15378361
February 20th, 2001
"... Having picked more coconuts than he required consuming in a single day, he has created a stockpile of coconut savings, thus allowing him the time to find appropriate materials and fashion a fishing spear. He now has created disruptive technology ...

... The pool of funds became poisoned with bad coconuts.

Some in the community say the Central Banker must let the paper coconut edifice collapse and debtors to become indentured slaves until their debt paid.

Some in the community say the Central Banker must print still more paper coconuts.

We of the Cautious Opportunistic League believe the Central Banker should retire, along with the excess paper coconuts, and while at it, the massively leverage members of the community ought to be made to sell everything they have to us at cheap market clearing prices and get back to work if work is to be found."

Chugs, Jay