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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (84917)	1/10/2009 10:41:34 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

It's a racket - the derivative models make tons of money, as long as the Fed guarantees that no Black Swan event happens, which they did. That inflated all bubbles. They took enormous risk and made enormous coin, they need to pay when it blows up. Of course, my prediction way back when was that the derivative bubble will keep growing until it becomes bigger than the Fed. It did. Now what? The racket continues, but I the team of Black Swans will win the game this time. One Swan at a time. The cost is the value of the USD, such a shame. The sooner we get rid of this racket, the better. Yes, it will be very painful if not deadly now. It will be worse in the future. It should have been done in the past. The focus needs to be the real economy. The truth is, the global financial system as it is cannot be saved from itself! It needs to be destroyed.