On 09/05/2010 8:22 AM, bpuharic wrote:
On Sun, 09 May 2010 08:02:32 -0600,
wrote:
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.
well...no. because 100 units today are not worth the same as 100 units
yesterday
golly. you really are stupid, aren't you?
oh, yeah. you're right wing.
When currency fluxates, you don't worry about the numbers, you worry
about value.
For example, you take a 10 year t-bill at 0.5% and say inlfation runs an
average of 10%, then loaning the government cost you 50% in value even
though the $$$ amount in 10 years is slightly up.
It is also why US/Canadian government can no longer borrow money and
create it off their own banks...inflationary ponzi money. I have zero
in bonds, but do watch the markets and I haven't seen a government issue
anywhere fill since Sept 2008 or so. Which means our governemtns are
bankrupt, as they only function on their ability to create money which
is not sustainable.
That is, a second crash is inevitable at this point. As Obama and
democrats are jack asses if they think they can debt-spend their way out
of a debt depression.
--
There is a sucker born every minute, liberals and our politicians are
counting on it.