BK GUY's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/317207/comments http://seekingalpha.com/article/153555-five-reasons-the-market-could-crash-this-fall?source=feed#comment-618989 618989

On Aug 04 12:10 PM contracontrarian wrote:

> "If Wall Street did put $50 trillion at risk… and 10% of that money
> goes bad (quite a low estimate given defaults on regulated securities)
> that means $5 trillion in losses: an amount equal to HALF of the
> total US stock market."
>
> Any one particular Wall Street firm can lose everything they have
> or even more,but other Wall Street firms would earn the same amount
> at the same time,as they are on both sides of those derivative positions.
> Alltogether "Wall Street" can not lose money on their derivatives...]]> Thu, 06 Aug 2009 21:10:20 -0400

On Aug 04 12:10 PM contracontrarian wrote:

> "If Wall Street did put $50 trillion at risk… and 10% of that money
> goes bad (quite a low estimate given defaults on regulated securities)
> that means $5 trillion in losses: an amount equal to HALF of the
> total US stock market."
>
> Any one particular Wall Street firm can lose everything they have
> or even more,but other Wall Street firms would earn the same amount
> at the same time,as they are on both sides of those derivative positions.
> Alltogether "Wall Street" can not lose money on their derivatives...]]> http://seekingalpha.com/article/121567-rick-santelli-speaks-for-the-silent-majority?source=feed#comment-396040 396040 Fri, 20 Feb 2009 00:22:44 -0500 http://seekingalpha.com/news/market_currents/post/18177?source=feed#comment-396030 396030 Fri, 20 Feb 2009 00:08:43 -0500 http://seekingalpha.com/article/116138-trust-not-confidence-is-the-issue-for-geithner?source=feed#comment-364128 364128
If Integrity is doing the right thing when NO ONE is watching, it is readily apparent that Geithner has none. So why are we still discussing him for the second or third most important job in America right now?]]> Fri, 23 Jan 2009 11:01:09 -0500
If Integrity is doing the right thing when NO ONE is watching, it is readily apparent that Geithner has none. So why are we still discussing him for the second or third most important job in America right now?]]> http://seekingalpha.com/article/114561-bernanke-s-speech-of-the-day?source=feed#comment-354456 354456 Tue, 13 Jan 2009 11:20:39 -0500 http://seekingalpha.com/article/114377-big-risks-big-opportunities?source=feed#comment-353761 353761
As for inflation/deflation, I am firmly in the deflation camp (for now). There is no velocity of money. No matter how much the Fed prints, it just sits there in the bank -- having no inflationary impact. Someday it may start to flow. Wherever it flows, there will be increased demand and so rising prices. If it flows to American consumers, you may have hyperinflation. If it is expatriated, some other country may have hyperinflation. If it all flows to oil, the Great Depression will look like a picnic.

Agree that dollar is being devalued. This is the explicit goal of the Fed (whether it is wise or not is another question).

]]> Mon, 12 Jan 2009 16:10:01 -0500
As for inflation/deflation, I am firmly in the deflation camp (for now). There is no velocity of money. No matter how much the Fed prints, it just sits there in the bank -- having no inflationary impact. Someday it may start to flow. Wherever it flows, there will be increased demand and so rising prices. If it flows to American consumers, you may have hyperinflation. If it is expatriated, some other country may have hyperinflation. If it all flows to oil, the Great Depression will look like a picnic.

Agree that dollar is being devalued. This is the explicit goal of the Fed (whether it is wise or not is another question).

]]> http://seekingalpha.com/article/114400-predictions-for-the-coming-flation?source=feed#comment-353719 353719 Mon, 12 Jan 2009 15:35:48 -0500 http://seekingalpha.com/article/113874-bill-gross-buy-early-what-the-government-buys-later?source=feed#comment-351341 351341 Fri, 09 Jan 2009 19:56:41 -0500 http://seekingalpha.com/article/110491-federal-reserve-what-do-you-have-to-hide?source=feed#comment-327956 327956 Fri, 12 Dec 2008 20:06:09 -0500 http://seekingalpha.com/article/109768-whatever-happened-to-bankruptcy?source=feed#comment-326019 326019 Wed, 10 Dec 2008 22:54:38 -0500