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economist blames wall street for collapse
On Sun, 09 May 2010 08:02:32 -0600, Canuck57
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. |
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