Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (11)	3/8/2017 2:01:54 PM
From: ggersh	Respond to of 13803

I had the same with RealMan on the coming dollar crisis thread. I don't think GM woulda gone under in any case,it was/is almost a national treasure, but regardless something else would've come along in it's place if it is a good business model. Citi goodbye it was nice knowing you..... Nationalizing all those suckers would've been the perfect answer, without failure you can't have success. Now ask who failed and for the most part it was NYC centric, WS, Hedge Funds and PE all mostly based in NYC who eat drink and be merry all together. Both presidential candidates are from where? A couple of years of pain beats decades of slow cuts, Japan, now America after one decade. Why build a network in Africa, because it helps the people or it's profitable? Has losing Nokia, Ericsson, Motorola made you industry better or worse? the system better or worse? WS/NYC were the only one's to profit from the collapse, the rest of the world not so much. So one needs to explain how failure of GM and Citi makes the system worse. But I'm just an ordinary joe schmo who has an opinion. -vbg- Message 25458604