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

To: Larry S. who wrote (27715)	3/26/2010 3:21:14 PM
From: Nevada9999	Read Replies (1) \| Respond to of 71477

Sounds about right when you add the current chapter: The politicians realize that there are more unemployed alcoholic voters than middle class employed voters. The government bails out the bar and drinkers and buys the alkybond market with quantitative easing and everyone starts drinking again. That's roughly where we are now. The question is what happens next? Something bad perhaps?

To: Larry S. who wrote (27715)	3/26/2010 3:46:29 PM
From: Real Man	Respond to of 71477

LOL! Thanks for a good laugh

To: Larry S. who wrote (27715)	3/26/2010 7:54:13 PM
From: GST	Read Replies (1) \| Respond to of 71477

Outstanding and strangely dead on target.

To: Larry S. who wrote (27715)	3/26/2010 9:04:14 PM
From: Slumdog	3 Recommendations Read Replies (1) \| Respond to of 71477

>>Any questions?<< YES! >>Easily Understood Explanation of Derivative Markets<< Yes a funny story, but I don't see derivatives explained anywhere. DRINKBONDS, ALKIBONDS and PUKEBONDS. as dubious as they are, are not derivatives, but securitized instruments. A derivative, by definition, is "derived" from the underlying security. It's the DEFAULT SWAPS that are the derivatives! I'll modify the story a bit. ......The bankers go to Heidi's bar for a drink one day and see for themselves what a sorry lot of reprobates make up Heidi's clientele. So, while continuing to sell DRINKBONDS, ALKIBONDS and PUKEBONDS, to the unsuspecting buyers, they enter swap agreements with GAGA, the Insurance giant. The amount of swap agreements open are tantamount to every neighbor in a 5 mile radius collecting the same liability if Heidi goes belly up. THOSE are derivatives. What this story explains is not derivatives but motgage-backed securities and bailouts. Sheesh! There are eight people recommending your post. I dont think they have a clear understanding of derivatives either.