The Bubble of Uncertainty Is About to Burst [View article]
The fraudulent capitalism has in fact collapsed the markets and has cased complete insolvency of the world banking system. You are just ranting. Nothing that your still blind tribe in denial, could have done to fix it to repair or let it to repair itself because the fraud and resulting collapse was massive Circuit city couldn't have been bought if government had not stepped in to save the banks.
Look at what Volker says, is he a communists or Marxist.
“In this world, I don’t see how we can avoid international consistency” on securities regulations going forward, he said. “The U.S. is no longer in a position to dictate that the world does it according to the way we’ve done it.” ............ "Volcker, who ran the Fed from 1979 to 1987, said the financial industry’s problems stem from larger issues. “I don’t think this is just a technical problem, it’s a societal problem,” he said. He cited bankers on Wall Street receiving multimillion-dollar bonuses for engineering failed mergers.
“There’s something wrong with the system,” Volcker said. “What are the incentives, what’s going on here?” www.bloomberg.com/apps...
On Mar 06 03:56 PM Socialism cannot compete! wrote:
> This is NOT just about uncertainty. In fact, it's not uncertain > at all!!! It is VERY CERTAIN that Marxist economics prevent prosperity. > The Big O has been implementing his plan to tax the producers and > give it to the failures. We are keeping the zombies alive, and reducing > not only the current profits of the producers, but LIMITING their > ability to increase in the future -- the good companies should be > taking the market share of those which ought to be allowed to fail. > This is being inhibited by the propping up of those zombies. One > counter-example may prove to illustrate this -- let's watch the next > couple quarters from Best Buy, after Circuit City was allowed to > fail.
The Bubble of Uncertainty Is About to Burst [View article]
I have to agree with some points the author makes. And again, there is very little meat left in the companies that have been shorted for months upon months. People can short as much as they like but there is not much cash left for all of them to chew on. So they are now attacking the relatively healthy companies with high market cap to extract cash from these markets.
They have extracted something like 3% today from the high capitalized ones; some that are not doing badly either.
Its just matter of time for healthy companies to take companies private. While the commodity and basic material producers will look into having cartels since the market pricing scheme is getting really wacky.
The Bubble of Uncertainty Is About to Burst [View article]
Look at what Volker says, is he a communists or Marxist.
“In this world, I don’t see how we can avoid international consistency” on securities regulations going forward, he said. “The U.S. is no longer in a position to dictate that the world does it according to the way we’ve done it.”
............
"Volcker, who ran the Fed from 1979 to 1987, said the financial industry’s problems stem from larger issues. “I don’t think this is just a technical problem, it’s a societal problem,” he said. He cited bankers on Wall Street receiving multimillion-dollar bonuses for engineering failed mergers.
“There’s something wrong with the system,” Volcker said. “What are the incentives, what’s going on here?”
www.bloomberg.com/apps...
On Mar 06 03:56 PM Socialism cannot compete! wrote:
> This is NOT just about uncertainty. In fact, it's not uncertain
> at all!!! It is VERY CERTAIN that Marxist economics prevent prosperity.
> The Big O has been implementing his plan to tax the producers and
> give it to the failures. We are keeping the zombies alive, and reducing
> not only the current profits of the producers, but LIMITING their
> ability to increase in the future -- the good companies should be
> taking the market share of those which ought to be allowed to fail.
> This is being inhibited by the propping up of those zombies. One
> counter-example may prove to illustrate this -- let's watch the next
> couple quarters from Best Buy, after Circuit City was allowed to
> fail.
The Bubble of Uncertainty Is About to Burst [View article]
Its the Energy that got harvested obviously and while there is enough left, the markets have to figure something else to energize the bubbles with.
On Mar 06 11:47 AM TexasER wrote:
> then the bubble looks like the last 30 years.
The Bubble of Uncertainty Is About to Burst [View article]
On Mar 06 03:11 PM plumstupid wrote:
> The destruction from within began in earnest at 1200 20JAN81.
The Bubble of Uncertainty Is About to Burst [View article]
They have extracted something like 3% today from the high capitalized ones; some that are not doing badly either.
Its just matter of time for healthy companies to take companies private. While the commodity and basic material producers will look into having cartels since the market pricing scheme is getting really wacky.