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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (26591)1/27/2010 8:01:28 PM
From: Real Man  Read Replies (1) | Respond to of 71463
 
Yes, government/financial partnership, blow bubbles until
cows come home, so unemployment stays low and everyone's happy.

Did folks who got rich selling chit.com with 10,000 clicks
per day for $1 billion to public commit fraud? Folks running
chit.com got very, very rich. The public got broke. The same
exact dynamics. Some were jailed, in telecoms in particular.

Where did da money go when chit.com stock collapsed from
100 to 0? Now imagine chit.com went back from 0 to 100.
Suddenly, folks are wealthy again, exactly what happened. -g-

.............................

If they did not arrest the downward spiral in asset prices,
then the government would blow up along with the banking
system. In particular that was true in case of FNM/FRE,
since they are the mortgage market. We came close -g-



To: Skeeter Bug who wrote (26591)1/28/2010 5:25:09 PM
From: Larry S.  Read Replies (1) | Respond to of 71463
 
Skeeter,

Do you know where one can find Faber's house of cards video? I thought it was great and was surprised that a CNBC type would be allowed to produce it.

Larry