"We pledge to strengthen our regulatory regimes, prudential oversight, and risk management, and ensure that all financial markets, products and participants are regulated or subject to oversight..." - G-20 (full statement) [View news story]
More Clues to the Nearness of the Bottom [View article]
There seems to be a lot of tunnel-vision going around lately. Comparing what's going on now to the other market crashes, save the 1930s, shows a lot of reckless ignorance.
What you're seeing isn't just a stock market crash or a wave of nervousness. There are problems here much deeper than the equity markets. This is a systemic destabilization occurring on every economic plane across all nations, big and small. Take a peek outside the walls of Wall Street.
Perhaps the people questioning whether or not to "hold them when prices are at their lows" aren't as silly as you imply. These assets can go to zero. Real quick.
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Latest | Highest rated"We pledge to strengthen our regulatory regimes, prudential oversight, and risk management, and ensure that all financial markets, products and participants are regulated or subject to oversight..." - G-20 (full statement) [View news story]
Fed Balks at Releasing Toxic Waste Details [View article]
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My Take on This Very Risky Market [View article]
More Clues to the Nearness of the Bottom [View article]
What you're seeing isn't just a stock market crash or a wave of nervousness. There are problems here much deeper than the equity markets. This is a systemic destabilization occurring on every economic plane across all nations, big and small. Take a peek outside the walls of Wall Street.
Perhaps the people questioning whether or not to "hold them when prices are at their lows" aren't as silly as you imply. These assets can go to zero. Real quick.