gollwoods22

What Went Wrong with Economics

If the economists could cure corruption, but we have a parabolic rise in corruption, How can a world run by backroom banking cartels ever hope to reform anything. this scenario is going to lead to a parabolic decline in living standards with the final descent ending in horrific destitution

More on White House's Strong-Arming of Chrysler Hedge Fund Hold Outs

priority is regularly set aside by bankruptcy judges


On May 03 09:13 AM dcb wrote:

> Our government had no legal right to torture people, engage in domestic
> spying, imprison people without trial forever, or give weapons to
> the contras. Those were just a few and there are many more. Hell
> we made up the data that got us into a war with IRAQ and something
> as trivial as this bothers you.

More on White House's Strong-Arming of Chrysler Hedge Fund Hold Outs

oh well, doesn't matter. bad debt is bad debt, the creditors were going to lose thier money entirely because the liqudation value would be extremly low, Jeep as a brand plus whatever structures are sold
compared to the shock to the economy,. so a chance to liquidate the company would be of no benefit. the auto companies demise cannot be allowed to cause chaos or everyone could wind up defaulting. without exception. A small chance of becomming viable and a larger hope of orderly demise is the best scenario. politically the administration would be opening a disastrous spirial into economic hell with catastophic unemployment and resulting defaults. Why would you want to go there? what a gift to America, no more industry and bankrupt economy mired in debt with no fucking hope.

This Isn't a Bottom, It's a Disturbance in The Force

greetings from the assembly line all the people i talk to are still invested and expect the market to return in a year or so. it is conditioned in the collective mind that you buy stocks for the long haul. these people are not selling until they have lost about 90% of their money. then they will buy some bullets and go get some payback

Global Stock Markets: In the Grip of Fear?

how would a unified currency worldwide be backed ?

Dow at 10,000 Could Mean Dollar/Yen at 100

could SWF's feel panic? Money is going into a black hole. debts must be paid but can't be paid so bankruptcy results and the deflation sprial intensifies.

Gold Futures' Dirty Secret (Part II)

why is gold not available in physical form? because it is worth more than bid. how simple is that? i have a truck worth $6000 if you want to buy it for $5000 it is not available i'll keep it and wait for a better offer.

Gold Price Conspiracy?

I think honestly gold is going to tumble. I mean along with the $

it seems people don't understand the magnitude of deflation

no one will have any cash NO ONE.
producers will go bankrupt with products to sell because there will be no cash.
I don't have enough gold to cover my living expenses completly fo extended periods and I work for one of the former bug three auto companies I'm toast

An Open Letter to the Plunge Protection Team

if you don't trust them with your dollars why in the world would you think your gold would be in good hands

Historic Financial Collapse Underway?

whatever.. economy is a mess people have no money after gas fill ups small business is going under from high prices and lack of customers, the jobless will be hungry and pissed off in the cities and cold too this winter. you better buy bullets and now.