Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (29407)	2/14/2008 1:10:22 AM
From: RJA_	Read Replies (1) \| Respond to of 217545

>>Depression risk might force U.S. to buy assets Inquiring minds might want to know, buy assets with what? The what is only backed by confidence... and the fact that your neighbor will take the "what" in payment for something. Each attempt at manipulation seems to me to bring the day closer when the value of the "what" becomes progressively more empty. Each attempt to prop up something by throwing more borrowed or printed dollars at it seems IMHO to exacerbate the problem... of the value of the "what". When the "what" becomes nothing, from "what" will the power of the government derive? Which brings to mind the title of this thread...

To: TobagoJack who wrote (29407)	2/14/2008 1:51:16 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 217545

The Hong Kong government stepped in and made a fortune during the Great Asian Contagion, buying heaps of the Hang Seng right at the bottom. Big Ben and Uncle Sam can do the same. The Hong Kong government had the good sense to wait until prices were wayyyy down. The Dow and Nasdaq are NOT way down at present. Mqurice