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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (93570)8/15/2012 9:37:28 PM
From: Cogito Ergo Sum  Respond to of 219464
 
Actually when I see a guy like Paulson make that kind of bet again.. I agree. I have to wonder if we are not too early :O)

I thought I was a genius after the junior Canadian fertiliser stock run in 2007-2008 :o) of course I am not :O) and since humbled a tad :O)



To: KyrosL who wrote (93570)8/16/2012 1:27:16 AM
From: TobagoJack  Respond to of 219464
 
now he is playing "big enough long"

in some sense his high holdings of insurance companies and china plays (delphi) hedges against his gold wager the other way around



To: KyrosL who wrote (93570)8/16/2012 7:05:44 AM
From: elmatador  Respond to of 219464
 
Paulson acted post collapse. He reasoned that the lenders, have provided ordinary people with means to give them a spurious feeling of being wealthy.

Lenders -with the banks acting as mechanisms for the owners of capital- had amassed a lot of capital since they had not share with labor.

Capital was sent to China -the spread more evenly thing I keep saying- to produce at a fraction an American worker required in wages and benefits. Then they imported the produce of China and sold these goods in the American market.

Seeing the borrowers had no chance to payback he short them.