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


To: Haim R. Branisteanu who wrote (44980)1/8/2009 6:03:38 AM
From: TobagoJack  Respond to of 217742
 
i would be impolite to ask whether folks are back to where they started :0)

on the end of age of finance, i agree, but, frankly, i also think the fear in the market of the market is not yet sincere, and the sorrow not yet all engulfing

the problem is that reality still needs to sink deeply in

the solution is another 50% down, planet wide

and then, the main ugly act

default by way of galactic zero-state reset, argentina fashion

followed by universal revolution

just a guess



To: Haim R. Branisteanu who wrote (44980)1/8/2009 6:39:06 AM
From: THE ANT  Read Replies (1) | Respond to of 217742
 
I look at it like rent.Some people should rent as if they own a house they can not manage the finances and will be ripped apart by the sharks of the world.Most of the public should be in interest paying investments.Let the sharp few swim with the sharks.If good enough these sharp ones will borrow the above money,swim with the sharks and still make a profit.The finance share of GDP just doubled to 8% and must return to long run trend (or lower)http://clusterstock.alleyinsider.com/2008/12/krugman-whole-investment-industry-a-ponzi-scheme