SI
SI
discoversearch

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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (17168)2/2/2009 1:05:45 PM
From: NOW2 Recommendations  Read Replies (1) | Respond to of 71426
 
"So how come the 'potent directors' are once again failing? The reason becomes clear when one thinks things properly through.
The economy and its underlying production structure are what they are. There is nothing the government can possibly add to to the economy in terms or real resources.
By intervening on a grand scale in what appears to be a distinctly ad hoc manner, it merely introduces what is known as 'regime uncertainty'.

The main question investors are faced with these days is not 'is the economy sound' (it isn't) or 'will earnings improve' (some day they will). The main question is 'what will these bozos do next'.
And yet, there is this almost touching, widespread faith that government holds the solution to our problems.

People have to believe in something – the idea that the 'wealth increase' of the bubble years was entirely illusory is still not fully embraced. It is simply unacceptable – everybody, even many former bears, hopes that the downturn, while likely bad, will prove to be just another brief slump after which a return to 'business as usual' will surely follow.
This is to say, everybody secretly prays for the bubble to return.

There are now debates between economists in the pages of the Financial Times over whether the downturn deserves to be called a 'depression' or not.
Note that the person refusing to countenance the thought is Stephen Roach, who for many years has warned of the bubble's excesses. Apparently not even he can imagine that the downturn will be a mirror image of the boom."
acting-man.com



To: Real Man who wrote (17168)2/2/2009 1:23:08 PM
From: Secret_Agent_Man19 Recommendations  Read Replies (2) | Respond to of 71426
 
A man was having a conversation with God one day and said, God, I would like to know what the difference is between The Light of your Truth and The Darkness of Satan? '

God led the man to two doors. He opened one of the doors and the man looked in. In the middle of the room was a large round table. In the middle of the table was a large pot of stew, which smelled delicious and made the man's mouth water.

The people sitting around the table were thin and sickly. They appeared to be famished. They were holding spoons with very long handles that were strapped to their arms and each found it possible to reach into the pot of stew and take a spoonful.

But because the handle was longer than their arms, they could not get the spoons back into their mouths. The man shuddered at the sight of their misery and suffering.

The Lord said, 'You have seen The Darkness.'
They went to the next room and opened the door. It was exactly the same as the first one.

There was the large round table with the large pot of stew which made the man's mouth water. The people were equipped with the same long-handled spoons, but here the people were well nourished and plump, laughing and talking.

The man said, 'I don't understand.'

It is simple,' said God. 'It requires but one skill. You see they have learned to feed each other, while the greedy think only of themselves.'