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economist blames wall street for collapse
On Sun, 09 May 2010 15:12:48 -0600, Canuck57
wrote: On 09/05/2010 1:38 PM, wrote: It was far more than a simple computer glitch. Greece and the possible crash of the Euro was a lot more troubling than one trader typing billion when he meant million. Most of that was recovered by the end of trading. You have that right. It sure as hell was no glitch. Only in liberal-debt monger liberal minds was it a glitch. They can dream on. A trillion dollar move occured. gee.and what caused it? oh. you don't know. if you think it WASNT a glitch, by all means...tell the world what happened. because no one knows The market ran out of buyers and had too many sellers. gee. that's happened before. number of times it produced a TRILLION DOLLAR swing in 1 day? almost never That simple. No one trusts our own governmetns debt-corruption currency and banking mismanagement. And that includes the USA. oh sure. the US is the only country in financial trouble do you get sunburned on the planet you're from? Between Greece and pathetic US numbers for unemployment and debt spending, the market paniced. Big deal. Buying opporunities.  uh no. the greek situation has been news for weeks. a 1 day shift of a trillion buck had zip to do with greece Sooner or later this ponzi debt bubble is going to burst and this may be nothing. This might have been the warning shot to out of control government spending and ponzi federal banking. gee. after ww2 we had a bigger debt burden than we have today. guess you're right: the US doesn't exist. |
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