Thread: economist blames wall street for collapse
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Canuck57[_9_] Canuck57[_9_] is offline
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Default economist blames wall street for collapse
On 08/05/2010 10:23 PM, wrote:
On Sat, 08 May 2010 12:04:28 -0400, wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.

Some real truth to that. If you exclude dividents, where there is a
winner there is a loser. A zero sum game. The economy is say worth 100
units. Than the market swings are irrelivant, your percentage of the
units is all that maters.

Being a zero sum game, the odds are better than Vegas.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.
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