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To: TraderAlan who wrote (12301)9/21/2008 10:49:19 PM
From: Allan C.  Read Replies (1) | Respond to of 12617
 
What's the best way to play this mess?

Will there be inflation from the trillion dollars they are putting on the government credit card, or deflation from the evaporation of all the credit, combined with lower demand of commodities as a result of imminent massive unemployment.

Do you look to other currencies for protection, or is this a global sinking ship?

Has the 65-trillion dollar bet we seem to be losing truly put us on the edge of collapse? I didn't buy extra food for bird flu or Y2K, but I am seriously considering it now.

I am thoroughly pissed off about this, but the best revenge is to live well so I would rather maximize opportunities than complain. (Although I think I will find time to complain, too).



To: TraderAlan who wrote (12301)9/21/2008 11:39:58 PM
From: Mark Davis  Respond to of 12617
 
yeah, I know. I'm sure much of the crazed and relentless selling came from bots that were hedging CDS exposure.

Let's get rid of the damn things, or limit their size to a fraction of the actual debt.

How'd you like it if anyone could take out a life insurance policy on YOU. 1000 guys all waiting for you to die.

Ya think someone might give you a 'push' one day?