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

To: John Vosilla who wrote (1063)	9/15/2018 2:36:46 PM
From: Elroy Jetson	Respond to of 13800

US banks have very healthy capital reserves to the level of loans, after we ditched the delusional deregulation of bank risk which Alan Greenspan had championed due to his progressive senility. But just as so many on Silicon Investor were surprised by the collapse of the post-9/11 real estate bubble, expecting a crash elsewhere, people continue to drive their investment future by looking into their rear-view mirrors for guidance. The miserable performance of DB and Barclay stock portends safety. It was the delusional new highs of Americans banks in 2006, based on fake profits, which warned of danger. Many see a societal collapse brought about by new technology like Amazon.com, which is the world's foremost logistics firm, just as many saw the advent of flush toilets leading to a dangerous collapse of the established order of bedpans and drudgery. Pay no attention to these backward looking nitwits. The fact that Trump's self-harming trade wars have only slowed the economy rather than imploding it reveals how early we are still in the economic cycle. I see green lights ahead unless adults are willing to let Trump do something especially stupid and self-harming, like giving me yet more tax cuts, or trying to ignite a post-9/11 style real estate bubble.