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  • Distinguishing Between Out of Favor Sectors and Doomed Ones [View article]
    Socialism cannot compete, dude you are an idiot. You think the market would be ok with 5 Trillion in debt being at Risk? The private markets aren't going to find a "better value" for that debt. They would mark it WAY down, even though most of it isn't at risk and will be paid off eventually. The market ALWAYS overreacts to the upside and the downside. Period. End of Story. The efficient markets theory was thrown out eons ago. Perhaps you had your business schooling in the 70s or something.
    Sep 10 15:58 pm |Rating: 0 0
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