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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (76113)12/19/2006 4:17:52 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Please read my post, as I used the word, "missed", not "faulted". In otherwise an "analytical miss", or at worst my term, "analytical crap", as opposed to being an "idiot", quite a distinction. Nobody has a monopoly on garbage in crap either, we're all guilty of it to varying degrees. My personal garbage in analytical crap is thinking markets run by criminals have short shelf lifes and are unsustainable, clearly wrong.



To: NOW who wrote (76113)12/19/2006 5:00:00 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
It isn't the stupidity of the rest of us, but the ignorance. Ask a random 1000 people on the street, and I'd bet you wouldn't find a single person who'd comprehend the transfer of wealth by pig men. History is littered with examples where those that had nearly everything still, out of fear, tried to grab the rest. There is no such thing as "enough" for 99.9% of them, and a persistent and nagging feeling that they must grab because there is simply not enough to go around and they gotta get their share. And "their share" is ever increasing...

It's a shame, yet it is why we are such a flawed species where very few can do so much damage to so many others, willfully and with full knowledge of the pain and suffering (intellectually, but their rationalizations keep them from feeling one iota of empathy).

Historically, the greed either collapses the country, usually ruining it for that era's pig men, or it causes a violent uprising, usually ruining it for the pig men's breathing apparatus. It's not a coincidence that as the transfer of wealth accelerates, the mechanisms for suppressing any revolt grow dramatically. The greater the confidence of the pig men and bloated gov't to hang on to what they've grabbed, the more zeal they will have in taking the rest.