Feeling miserable too?
About being an investor in stock markets for the moment?
About living there where you never wanted to live?
About reading all this depressing stuff and looking to all that humbug on the tele?
About the gray winter skies and a spring which is not showing up?
About all the gloom and doom?
Yes, dear reader, I feel miserable about all these things.
But in times like this, when all these bright idiots, who led us into this mess in the first place, are running for the hills, the purification is near.
At least that’s what I hope.
That living through this mess, will give way to fresh ideas, fresh minds and take the guys, responsible for this, out of the game.
Well you never will be sure of that last one…
And it’s not over yet.
AIG may post a loss of 6O bln USD.
It started with 85 bln USD, went up to 150 bln USD and how much will the US government throw to it now?
The most sickening thing is that by bailing out AIG, tax money went directly to payoff Goldman Sachs (ticker: GS) and Morgan Stanley (ticker: MS)
It was Luo Ping, director-general of the China Banking Regulatory Commission, who said a couple of weeks ago:
Except for US Treasuries, what can you hold? Gold? You don’t hold Japanese government bonds or UK bonds. US Treasuries are the safe haven. For everyone, including China, it is the only option... We hate you guys. Once you start issuing $1 trillion-$2 trillion... we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.
We’re not done yet. Oh no…
Last Sunday there were 120.000 people in the streets of Dublin. How many will there be next time?
Sphere: Related Content
About being an investor in stock markets for the moment?
About living there where you never wanted to live?
About reading all this depressing stuff and looking to all that humbug on the tele?
About the gray winter skies and a spring which is not showing up?
About all the gloom and doom?
Yes, dear reader, I feel miserable about all these things.
But in times like this, when all these bright idiots, who led us into this mess in the first place, are running for the hills, the purification is near.
At least that’s what I hope.
That living through this mess, will give way to fresh ideas, fresh minds and take the guys, responsible for this, out of the game.
Well you never will be sure of that last one…
And it’s not over yet.
AIG may post a loss of 6O bln USD.
It started with 85 bln USD, went up to 150 bln USD and how much will the US government throw to it now?
The most sickening thing is that by bailing out AIG, tax money went directly to payoff Goldman Sachs (ticker: GS) and Morgan Stanley (ticker: MS)
It was Luo Ping, director-general of the China Banking Regulatory Commission, who said a couple of weeks ago:
Except for US Treasuries, what can you hold? Gold? You don’t hold Japanese government bonds or UK bonds. US Treasuries are the safe haven. For everyone, including China, it is the only option... We hate you guys. Once you start issuing $1 trillion-$2 trillion... we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.
We’re not done yet. Oh no…
Last Sunday there were 120.000 people in the streets of Dublin. How many will there be next time?
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