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

To: russwinter who wrote (76419)12/22/2006 10:29:51 AM
From: damainman  Respond to of 110194
 
The way the system works is that a few greedy b@astards have figured out how to externalize risk- put out trades and money so big that if things fail, it becomes the gov's problem. If things go your way? Well, only the chosen few get the rewards.



To: russwinter who wrote (76419)12/22/2006 12:31:41 PM
From: kris b  Read Replies (2) | Respond to of 110194
 
"But is that how our system really works?"

Leave the gamblers/Pig Men alone when the speculative orgy is in full swing, but bail them out at the taxpayers expense when the game collapses. Asymetrical approach all right. BS. Stop printing and have them fend for themselves. Then we gone see how smart they really are. So far the game is rigged in the Pig Men's favour.


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