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Thread: Now this is really scarey
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09-27-2011 #1
Now this is really scarey
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09-27-2011 #2
- Join Date
- Mar 2006
- Location
- The United Fuckin' States of America
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- 13,898
Re: Now this is really scarey
Isn't this just the market adjusting and seeking new and better equilibria where all demands are met and no deserving persons or families are left in need or want? After all, traders don't give a damn about the economy, they just want to make money for themselves and their clients. What could go wrong?
"...I no longer believe that people's secrets are defined and communicable, or their feelings full-blown and easy to recognize."_Alice Munro, Chaddeleys and Flemings.
"...the order in creation which you see is that which you have put there, like a string in a maze, so that you shall not lose your way". _Judge Holden, Cormac McCarthy's, BLOOD MERIDIAN.
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09-27-2011 #3
Re: Now this is really scarey
On isn't irony wonderful.
Thanks Trish. Phew.....
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09-27-2011 #4
Re: Now this is really scarey
The guy is only saying what most people with common sense can see. I like his honesty.
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09-27-2011 #5
- Join Date
- Apr 2011
- Posts
- 265
Re: Now this is really scarey
http://www.huffingtonpost.com/2011/0..._n_981950.html
also watch horizons episode on being evil from a few weeks back it deals with a very similar topic
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09-27-2011 #6
- Join Date
- Feb 2011
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- Chocolate City
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- 1,222
Re: Now this is really scarey
great articles. Thank you
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09-28-2011 #7
- Join Date
- Jul 2008
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- 13,580
Re: Now this is really scarey
I see the backlash has started with people questioning what this man's credentials are, given that he doesn't work for a major hedge fund or city institution but has his own company which, apparently, is in the red.
When he says he goes to bed at night dreaming of a recession, he could also say that a great time to buy stock is when its value is falling -if you can see the firm has underlying asset value then buying cheap to sell dear later makes sense -both Shell and BP over the last decade have been through difficult times when their share value fell and it made sense to buy. As for Goldman Sachs ruling the world, come on, there are plenty of nutters who thinks its the Rothschilds -I don't think this guy really knows what he is talking about, its flannel, and he admits himself he is a show off.
http://www.telegraph.co.uk/finance/e...-a-trader.html
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