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


To: Maurice Winn who wrote (114749)12/14/2015 4:29:47 PM
From: ggersh  Read Replies (2) | Respond to of 217882
 
The banking system failed.....

House owners lost peanuts compared to what the banks got hit for,
house price avg. $250K maybe 10 mil houses couldn't pay, that has
to be extremely liberal the banks leveraged all that at at least 40x1
where was the skin again, in the banks derivatives as to which they had
no clue what bank had what risk?

Nobody forced people to buy houses, but then again no one forced the banks
to make shitty loans......as a businessman who got it wrong, buyers or sellers?

You'd loan me a million bucks cause you know me on SI?

Speculation is a zero sum game only in the numbers of winners and losers, but not
in the amounts won and lost, some winners win more than losers lose and vice versa.

ggersh



To: Maurice Winn who wrote (114749)12/15/2015 4:47:20 AM
From: TobagoJack  Read Replies (1) | Respond to of 217882
 
heads-up, the road to war is probably already paved, a global war with many participants but differing objectives

remind me, who be the good guys? the sunnis or the shiites?
bbc.com

Saudis announce Islamic anti-terrorism coalition



AFP

Saudi Defence Minister Mohammed bin Salman announced the new coalitionSaudi Arabia has said 34 mainly Islamic nations have joined a new military alliance to fight terrorism.

A joint operations centre is to be established in the Saudi capital, Riyadh, state media reported.

Countries from Asia, Africa and the Arab world are involved in the alliance but Saudi Arabia's main regional rival Iran is not.

It comes amid international pressure for Gulf Arab states to do more in the fight against so-called Islamic State.

Saudi Defence Minister Mohammed bin Salman said the new alliance would co-ordinate efforts against extremists in Iraq, Syria, Libya, Egypt and Afghanistan.

Afghanistan, Iraq and Syria are not in the coalition.

'Support from others'"This comes from the Islamic world's vigilance in fighting this disease [Islamic extremism] which has damaged the Islamic world," Prince Mohammed said.

"Currently, every Muslim country is fighting terrorism individually... so co-ordinating efforts is very important."

The coalition would not just focus on fighting IS, he added. Few other details have been given.



AP
Islamic State would not be the only target, the coalition saysThe SPA state news agency said 10 other "Islamic countries" had expressed support, including Indonesia.

Prince Mohammed said: "These countries have procedures to go through before joining the coalition, but out of keenness to achieve this coalition as soon as possible, [the alliance of] 34 countries has been announced."

In announcing the coalition, SPA stated that Islam forbids "corruption and destruction in the world" and that terrorism represents "a serious violation of human dignity and rights, especially the right to life and the right to security".

Saudi Arabia is part of the US-led coalition against IS and is also leading a military intervention in Yemen against Shia Houthi rebels.

The list of 34 members: Saudi Arabia, Bahrain, Bangladesh, Benin, Chad, Comoros, Cote d'Ivoire, Djibouti, Egypt, Gabon, Guinea, Jordan, Kuwait, Lebanon, Libya, Malaysia, Maldives, Mali, Morocco, Mauritania, Niger, Nigeria, Pakistan, the Palestinians, Qatar, Senegal, Sierra Leone, Somalia, Sudan, Togo, Tunisia, Turkey, United Arab Emirates and Yemen.