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RE: The myth of endless economic growth - 3/24/2012 8:38:36 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline 		I can still buy futures on banks or any product as far as I know.
Its wrong to speculate on loss.
Its like gambling for destruction.

And by the way my bank was ruined because of the stockmarket, because the share holders thought they could make an extra dime on their shares selling one of the best banks we had. ABN AMRO.

The bank broke and its a state bank now again.
Just like in the old days.
A well thought out plan.
And we the people had to bail out the greedy shareholders.
As far as I know you can buy futures on anything.
Prove me wrong PLEASE!

(in reply to Musicmystery)
Profile   Post #: 141
RE: The myth of endless economic growth - 3/24/2012 8:40:04 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		You are I are not talking about the same thing.

Show me where you buy banking futures.

(in reply to MrBukani)
Profile   Post #: 142
RE: The myth of endless economic growth - 3/24/2012 8:52:41 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline 		http://books.google.nl/books?id=yUOpU4l6bPUC&pg=PA257&lpg=PA257&dq=future+options/bankshares&source=bl&ots=tlfilpwq07&sig=SSFL3MfCvCoighSEKgkOA0q_w8Q&hl=nl&sa=X&ei=3pRuT677OcrtOanQ4f4F&ved=0CHsQ6AEwCQ#v=onepage&q=future%20options%2Fbankshares&f=false

This is the best I could find for futres on bankshares maybe I read it wrong, but show me counter evidence you cannot buy futures on about anything and I will be happy too.
Im not the best googler.
Still its a fact the stock market does more damage to the economy then it helps.
Just look at all the bubbles.
If you want life to be a gamble.
I pity the fool who has to live with gambling with livelyhoods.
Yay for the capitalist nay for the ppor.

(in reply to Musicmystery)
Profile   Post #: 143
RE: The myth of endless economic growth - 3/24/2012 9:03:03 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Speculating and investing are not at all the same thing.

Investing is part ownership in the business. The capital has to come from somewhere.

By your definition, starting a business is gambling.


(in reply to MrBukani)
Profile   Post #: 144
RE: The myth of endless economic growth - 3/24/2012 9:22:14 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline 		Everything in life is a bit of a gamble, but speculators are not investors.
They only trade for profit not for business.
So fuck those traders.
I would like to gamble with their families and see how they end up.
I would like to see how it feels for them to be on the wrong side of their dealings.
Do you have any idea how much damage they have done?
I think they are the root element of greed.
They dont give a fuck about makin products.

< Message edited by MrBukani -- 3/24/2012 9:25:44 PM >

(in reply to Musicmystery)
Profile   Post #: 145
RE: The myth of endless economic growth - 3/24/2012 9:22:58 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:

ORIGINAL: MrBukani

speculators are not investors


I think I just pointed that out.

As for the rest of your rant -- in your world, making products would be an immoral act. You draw no distinction.


< Message edited by Musicmystery -- 3/24/2012 9:29:54 PM >

(in reply to MrBukani)
Profile   Post #: 146
RE: The myth of endless economic growth - 3/24/2012 9:27:05 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline
quote:

ORIGINAL: Musicmystery

I think I just pointed that out.

Good. Thank you.

(in reply to Musicmystery)
Profile   Post #: 147
RE: The myth of endless economic growth - 3/24/2012 9:30:13 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline 		Just so you know in this trade there is no difference between investing and speculating, its in the eyes of the beholder.
So I say fuck the whole stockmarket industry.
It does nothing for economic stability, it just ruins it.
You wanna buy stock fine.
stock market? = corruption.

(in reply to MrBukani)
Profile   Post #: 148
RE: The myth of endless economic growth - 3/24/2012 9:33:09 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		You are talking about things you clearly don't understand.

(in reply to MrBukani)
Profile   Post #: 149
RE: The myth of endless economic growth - 3/24/2012 9:37:46 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:

ORIGINAL: MrBukani

speculators are not investors.


quote:

ORIGINAL: MrBukani

there is no difference between investing and speculating



(in reply to MrBukani)
Profile   Post #: 150
RE: The myth of endless economic growth - 3/24/2012 9:43:09 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline 		So you are sayin acting is the same as being.

(in reply to Musicmystery)
Profile   Post #: 151
RE: The myth of endless economic growth - 3/24/2012 9:52:49 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		I'm saying you clearly don't understand what you're talking about.

(in reply to MrBukani)
Profile   Post #: 152
RE: The myth of endless economic growth - 3/24/2012 9:58:32 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline 		Ok you stand your ground and prove me it is not so.
Give a link.
Cause you sayin me dont know what I am talkin about doesnt amount to much.
If you are right I am the first to say I was swrong.
Your move maestro.

(in reply to Musicmystery)
Profile   Post #: 153
RE: The myth of endless economic growth - 3/24/2012 10:03:20 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		You keep jumping to futures. Of course futures are speculative.

You're trying to make speculation investment. It isn't.

Uncle Harold wants to open a corner store. He has half the money. You give him the other half and earn half the proceeds.

Congratulations. You're a stockholder.

One day, you decide to retire to Kenya, and you want your half of the business. Fortunately, your Great Aunt Petunia is looking for a good investment. You all sit down and work out just what the business is worth these days now that it's grown so. When you arrive at a figure, she writes you a check.

Congratulations. You both just participated in a stock market.





[yes, these are private sales, but that's the concept]

< Message edited by Musicmystery -- 3/24/2012 10:13:00 PM >

(in reply to MrBukani)
Profile   Post #: 154
RE: The myth of endless economic growth - 3/24/2012 10:05:38 PM   
seekingOwnertoo


Posts: 1323
Joined: 8/1/2009
Status: offline
quote:

ORIGINAL: tweakabelle

Can economic growth be sustained into the future indefinitely?


Economic growth is cyclical ... and depends entirely on the WORK ETHIC and INNOVATION of human beings.

Of course it will go up and down .... always has, always will.



(in reply to tweakabelle)
Profile   Post #: 155
RE: The myth of endless economic growth - 3/24/2012 10:09:16 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline
quote:

ORIGINAL: Musicmystery

You keep jumping to futures. Of course futures are speculative.

You're trying to make speculation investment. It isn't.

Uncle Harold wants to open a corner store. He has half the money. You give him the other half and earn half the proceeds.

Congratulations. You're a stockholder.



I am just waiting for a link that says I cant buy futures on any business not just commodities, and maybe currency is a commodity.
Do you want the rest of the world to gamble on your losses with the allmighty dollar?

(in reply to Musicmystery)
Profile   Post #: 156
RE: The myth of endless economic growth - 3/24/2012 10:14:17 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:

you sayin me dont know what I am talkin about doesnt amount to much.


http://www.collarchat.com/fb.asp?m=4072253

I've already quoted you directly contradicting yourself.


(in reply to MrBukani)
Profile   Post #: 157
RE: The myth of endless economic growth - 3/24/2012 10:16:46 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline
quote:

ORIGINAL: MrBukani


quote:

ORIGINAL: Musicmystery

You keep jumping to futures. Of course futures are speculative.

You're trying to make speculation investment. It isn't.

Uncle Harold wants to open a corner store. He has half the money. You give him the other half and earn half the proceeds.

Congratulations. You're a stockholder.



I am just waiting for a link that says I cant buy futures on any business not just commodities, and maybe currency is a commodity.
Do you want the rest of the world to gamble on your losses with the allmighty dollar?

Fine. Don't buy futures.

What's the problem here?


quote:

ORIGINAL: Musicmystery

You keep jumping to futures. Of course futures are speculative.

You're trying to make speculation investment. It isn't.

Uncle Harold wants to open a corner store. He has half the money. You give him the other half and earn half the proceeds.

Congratulations. You're a stockholder.

One day, you decide to retire to Kenya, and you want your half of the business. Fortunately, your Great Aunt Petunia is looking for a good investment. You all sit down and work out just what the business is worth these days now that it's grown so. When you arrive at a figure, she writes you a check.

Congratulations. You both just participated in a stock market.





[yes, these are private sales, but that's the concept]

See? No futures contracts. Just business investment.

What you're insisting on is like saying all purchases are like buying a chance at the roulette wheel, ignoring that people also spend their money at the grocery store and not at the casino.


(in reply to MrBukani)
Profile   Post #: 158
RE: The myth of endless economic growth - 3/24/2012 10:20:53 PM   
Hippiekinkster


Posts: 5512
Joined: 11/20/2007
From: Liechtenstein
Status: offline 		Talk about losin' the plot...

(in reply to Musicmystery)
Profile   Post #: 159
RE: The myth of endless economic growth - 3/24/2012 10:21:46 PM   
MrBukani


Posts: 1920
Joined: 4/18/2010
Status: offline 		Missing link.

(in reply to Musicmystery)
Profile   Post #: 160
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