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To: Terry Maloney who wrote (406715)6/14/2010 6:28:21 PM
From: Real Man1 Recommendation  Read Replies (2) | Respond to of 436258
 
So, who is going to bail us out? What is reset button? What
happens when it is pressed? I am asking you now.

I know the Russians pressed a GKO (equivalent of T-bond)
default button for reset,
arbitrarily, in craze fashion in 1998, as they always do, and
the result was 80% plus devaluation of the currency, and 90%
plus stock market meltdown plus 90% + collapse of the banking
system. It all recovered quickly, thou, and stocks went
to new highs a couple of years later. -g-



To: Terry Maloney who wrote (406715)6/14/2010 6:51:59 PM
From: Real Man1 Recommendation  Read Replies (2) | Respond to of 436258
 
My tentative answer is that Ben will not dare, he will print
us into oblivion. So, Ben will bail us out, through USD
creation. I think some countries in Europe might actually
default, including big ones like Spain. What's your answer?



To: Terry Maloney who wrote (406715)6/14/2010 6:58:38 PM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 436258
 
like he could pick the day that would happen.

what is it with that guy/girl and his following?

really, like a party after a rave sort of thing.

could someone ban him once and for all. he's got a blog, and he's got a thread on si.

why is he fucking here?

could somebody who is in charge, please answer why this russian she male is allowed, carte blanche, so much bullshit?

anybody? you fucks that keep rec'ing her/his posts?

c'mon,,,,,,,,,,,,,,,,, why is this screw job here?

why? of all places, why here?



To: Terry Maloney who wrote (406715)6/14/2010 7:58:24 PM
From: Real Man5 Recommendations  Read Replies (1) | Respond to of 436258
 
What exactly is silly about a comment that some countries in
Europe might press the reset button, while we likely won't?
The Germans fear a certain outcome that Ben does not, and
the ECB is located in Frankfurt.

I am entitled to an opinion on that. This thread has
deteriorated from an intelligent discussion that once was here
to just trading on fading a nut or two and a bunch of insults.

If you have an opinion, say it, and no, I have not been drinking tonight -g-