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

To: TobagoJack who wrote (37906)	8/4/2008 7:12:29 AM
From: elmatador	Respond to of 217737

TJ 15.17 Book of Revelations. Evil will be punished. There will be crying and clenching of teeth... The Four Horsemen will ride through Wall Street... :-)

To: TobagoJack who wrote (37906)	8/4/2008 8:16:04 AM
From: Moominoid	Read Replies (1) \| Respond to of 217737

PSPT to be taken over for $12.25. That sucks. Why the hell the board rejected the $17 offer a whiles back and are so happy about this merger...

To: TobagoJack who wrote (37906)	8/4/2008 8:22:19 AM
From: elmatador	Respond to of 217737

I've just seen the light! what's been borrowed is not wealth. Losing what it's been borrowed is not wealth destruction. Say, you've bought a house 0 DP. Paid a a few months and then defaulted and house was repossessed. Can't call that wealth destruction. The guy has just paid monthly payment in lieu of renting. See if the guy had paid DP of 30%, and had paid monthly, it means he had stored wealth as brick and mortar. But if he paid nothing for a good, and then that good is retaken, what he's actually paid was simply the benefit of the use said good. CONCLUSION: AG didn't created wealth when he doled out USD left and right. There's no wealth being destroyed. We are having just a reset.