Collarspace Discussion Forums


Home  Login  Search 

As Expected, Here it Comes


View related threads: (in this forum | in all forums)

Logged in as: Guest
 
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> As Expected, Here it Comes Page: [1] 2 3   next >   >>
Login
Message << Older Topic   Newer Topic >>
As Expected, Here it Comes - 1/13/2016 3:14:56 PM   
MariaB


Posts: 2969
Joined: 4/3/2007
Status: offline
Countdown to the stock market crash of 2016 http://www.marketwatch.com/story/countdown-to-the-stock-market-crash-of-2016-is-ticking-louder-2015-05-08

Sell everything ahead of stock market crash, sy RBS economists http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists.

This time its going to start in China before going global and the predictions are, its going to be at least as bad as 2008

Bye bye Euro-zone.

_____________________________

My store is http://e-stimstore.com
Profile   Post #: 1
RE: As Expected, Here it Comes - 1/13/2016 3:24:03 PM   
Phydeaux


Posts: 4828
Joined: 1/4/2004
Status: offline

quote:

ORIGINAL: MariaB

Countdown to the stock market crash of 2016 http://www.marketwatch.com/story/countdown-to-the-stock-market-crash-of-2016-is-ticking-louder-2015-05-08

Sell everything ahead of stock market crash, sy RBS economists http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists.

This time its going to start in China before going global and the predictions are, its going to be at least as bad as 2008

Bye bye Euro-zone.


Yeah, I'm entirely in cash, treasuries, and dividend yielding agribiz. People gotta eat.

(in reply to MariaB)
Profile   Post #: 2
RE: As Expected, Here it Comes - 1/13/2016 4:33:33 PM   
servantforuse


Posts: 6363
Joined: 3/8/2006
Status: offline
I have about 10 % in stocks, the rest in an annuity paying 6,5 %. I retired 7 years ago and the principle from my pension ( lump fund ) and 401 are what they were in 2008. I'm staying put.

(in reply to Phydeaux)
Profile   Post #: 3
RE: As Expected, Here it Comes - 1/13/2016 4:50:45 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: MariaB
Countdown to the stock market crash of 2016 http://www.marketwatch.com/story/countdown-to-the-stock-market-crash-of-2016-is-ticking-louder-2015-05-08
Sell everything ahead of stock market crash, sy RBS economists http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists
This time its going to start in China before going global and the predictions are, its going to be at least as bad as 2008
Bye bye Euro-zone.


Second link didn't work. Had to remover the period at the end. Works now.

_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to MariaB)
Profile   Post #: 4
RE: As Expected, Here it Comes - 1/14/2016 12:36:45 AM   
MariaB


Posts: 2969
Joined: 4/3/2007
Status: offline
quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: MariaB
Countdown to the stock market crash of 2016 http://www.marketwatch.com/story/countdown-to-the-stock-market-crash-of-2016-is-ticking-louder-2015-05-08
Sell everything ahead of stock market crash, sy RBS economists http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists
This time its going to start in China before going global and the predictions are, its going to be at least as bad as 2008
Bye bye Euro-zone.


Second link didn't work. Had to remover the period at the end. Works now.


Thanks DS

Mainstream media continues to insist that there is absolutely nothing to be concerned about. There is, there really is. I'm not saying panic (unless you own a lot of junk bonds) I'm saying, be prepared because if the shit hits the fan, this is going to be the worst depression we've ever seen.

Shale is already filing for bankruptcy and oil prices have fallen through the floor. I know that sounds great to those of us buying gas/petrol, but if we don't have an income to pay for that gas then we're fxcked. Even the Guardian this morning is suggesting that falling oil prices are good for the economy The last time our oil prices dropped so low, so quickly, we hit a very serious depression.

The predictions are, if shale collapses (which it is doing) unemployment goes up massively. Oil prices drop and capital expenditure grinds to a halt. Wall street panics, junk bonds start to default and the big banks who hold enormous amounts of energy derivatives rapidly fall into deficit. Its a domino effect...when the big banks fall, we all fall with them.

I'm hedging my bets and stocking up.






< Message edited by MariaB -- 1/14/2016 1:10:20 AM >


_____________________________

My store is http://e-stimstore.com

(in reply to DesideriScuri)
Profile   Post #: 5
RE: As Expected, Here it Comes - 1/14/2016 7:22:11 AM   
DominantWrestler


Posts: 338
Joined: 7/4/2010
Status: offline
Lol, you mean people still invest in stocks they don't research individually? I'm just surprised people gamble with their savings like that. Remember America has shifted to monetarism. Capitalism focuses on producing, Moneterism focuses on making money. This is dangerous because of the inherit runaway conditions in stock trading due to geometric derivative analysis. Was it John Adams that warned that venture capitalism could easily destroy America? I always find it funny when a fruitless company has stocks blow up over night only to have it crash less than a year later

(in reply to MariaB)
Profile   Post #: 6
RE: As Expected, Here it Comes - 1/14/2016 1:09:55 PM   
tj444


Posts: 7574
Joined: 3/7/2010
Status: offline

quote:

ORIGINAL: MariaB
Mainstream media continues to insist that there is absolutely nothing to be concerned about. There is, there really is. I'm not saying panic (unless you own a lot of junk bonds) I'm saying, be prepared because if the shit hits the fan, this is going to be the worst depression we've ever seen.

Shale is already filing for bankruptcy and oil prices have fallen through the floor. I know that sounds great to those of us buying gas/petrol, but if we don't have an income to pay for that gas then we're fxcked. Even the Guardian this morning is suggesting that falling oil prices are good for the economy The last time our oil prices dropped so low, so quickly, we hit a very serious depression.

The predictions are, if shale collapses (which it is doing) unemployment goes up massively. Oil prices drop and capital expenditure grinds to a halt. Wall street panics, junk bonds start to default and the big banks who hold enormous amounts of energy derivatives rapidly fall into deficit. Its a domino effect...when the big banks fall, we all fall with them.

I'm hedging my bets and stocking up.


Yeah, here in Houston, since oil prices dropped, the media has almost every day had an article on how the drop in oil isnt really affecting things here (petrochemical manufacturing is booming, apparently).. "its not really all that bad, no really, things are still pretty good, no really, the real estate market is still good, no really"..

Yeah, right.. Now the job numbers are showing cracks that the party has to end sometime.. luxury home sales are down.. Most people are oblivious to what is going on.. Morgan Stanley just put out its 2016 housing market forecast and they are pretty upbeat.. so imo we are at the top or near the top, things might hum along for a little longer and the stock market might head up again and fool some people..

I dont know who it was, there was a poster here a few years ago that was bragging about his investments in the bakken oil fields and such.. I wonder how those are doing now (not that I think he is hurting cuz he was in early, I think, just its not nearly as much as he was expecting.. so a oil stock at its peak might have been at $80 and now is at $20.. ouch)..

_____________________________

As Anderson Cooper said “If he (Trump) took a dump on his desk, you would defend it”

(in reply to MariaB)
Profile   Post #: 7
RE: As Expected, Here it Comes - 1/14/2016 2:03:46 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: Phydeaux


quote:

ORIGINAL: MariaB

Countdown to the stock market crash of 2016 http://www.marketwatch.com/story/countdown-to-the-stock-market-crash-of-2016-is-ticking-louder-2015-05-08

Sell everything ahead of stock market crash, sy RBS economists http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists.

This time its going to start in China before going global and the predictions are, its going to be at least as bad as 2008

Bye bye Euro-zone.


Yeah, I'm entirely in cash, treasuries, and dividend yielding agribiz. People gotta eat.

You have put a smile on my face. Agric. among the largest recipient of federal and state subsidies of all markets both in supply and demand. Good choice.

Which also brings up the question of capitalist hate for regulations yet they have no problem in investing in utilities which are among the most regulated. Seems I guess it depends on just what those regulations wrought. (Buffet/Kock bros.)

You say it yourself in the 25 laws OP, guaranteed return ring a bell ? The only thing better than a return on capital, is a guaranteed return on capital.

I invest in hair cut chains. Seems everybody sooner or later...gets a hair cut. There are times though when as they say...Cash is King. Seems the king is in vogue. Long live the King.

BUT there will be little problem due to Chinese incompetence. The market has already discounted it and the US dollar as usual in times of uncertainty...still remains king.

< Message edited by MrRodgers -- 1/14/2016 2:05:56 PM >


_____________________________

You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great

Under capitalism, man exploits man. Under communism, it's just the opposite.
J K Galbraith

(in reply to Phydeaux)
Profile   Post #: 8
RE: As Expected, Here it Comes - 1/14/2016 2:20:52 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline

quote:

ORIGINAL: DominantWrestler

Lol, you mean people still invest in stocks they don't research individually? I'm just surprised people gamble with their savings like that. Remember America has shifted to monetarism. Capitalism focuses on producing, Moneterism focuses on making money. This is dangerous because of the inherit runaway conditions in stock trading due to geometric derivative analysis. Was it John Adams that warned that venture capitalism could easily destroy America? I always find it funny when a fruitless company has stocks blow up over night only to have it crash less than a year later

Well you are right and wrong. For some in stocks, it's not a gamble, they know what's happening and what will happen. They are called insiders. Capitalism focuses on consumption the basis of which for the last 40+ years, is directly proportional to middle-class borrowing power which is now and forever will be...tight as stretched panties on last weeks BBW.

Even when the fed raises rates just a little, means they are pulling the punch bowl from this party.

John Adams was against just about everything we endure today. The corporation, central banking, turning paper into money, making us all...slave to the speculator. Stocks were supposed to be merely debt free capital. Now [its] simply a means to get rich, efficiently subsidized by the pre-tax incentive of withholding into 401K's and the like. They and hedge funds...unmitigated ripoffs.

_____________________________

You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great

Under capitalism, man exploits man. Under communism, it's just the opposite.
J K Galbraith

(in reply to DominantWrestler)
Profile   Post #: 9
RE: As Expected, Here it Comes - 1/14/2016 2:25:52 PM   
Phydeaux


Posts: 4828
Joined: 1/4/2004
Status: offline
quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: Phydeaux


quote:

ORIGINAL: MariaB

Countdown to the stock market crash of 2016 http://www.marketwatch.com/story/countdown-to-the-stock-market-crash-of-2016-is-ticking-louder-2015-05-08

Sell everything ahead of stock market crash, sy RBS economists http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists.

This time its going to start in China before going global and the predictions are, its going to be at least as bad as 2008

Bye bye Euro-zone.


Yeah, I'm entirely in cash, treasuries, and dividend yielding agribiz. People gotta eat.

You have put a smile on my face. Agric. among the largest recipient of federal and state subsidies of all markets both in supply and demand. Good choice.

Which also brings up the question of capitalist hate for regulations yet they have no problem in investing in utilities which are among the most regulated. Seems I guess it depends on just what those regulations wrought. (Buffet/Kock bros.)


Well, I won't invest in monsanto or ADM as I consider those companies inethical. I advocate - as you know - for the removal of ethanol subsidies, But there are a lot of mid cap firms that are used for transport, grain storage etc.

People gotta eat. Yeah, I'm not usually a cash is king guy - at all. But I'm spooked now, I got out the week before christmas, figuring the good news from christmas retailers made it a good time.


< Message edited by Phydeaux -- 1/14/2016 2:28:08 PM >

(in reply to MrRodgers)
Profile   Post #: 10
RE: As Expected, Here it Comes - 1/14/2016 2:49:43 PM   
DominantWrestler


Posts: 338
Joined: 7/4/2010
Status: offline
There is too much international instability currently economically and politically. Carful even with cash due to the dollar's value fluctuating

(in reply to Phydeaux)
Profile   Post #: 11
RE: As Expected, Here it Comes - 1/14/2016 3:19:10 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: DominantWrestler

There is too much international instability currently economically and politically. Carful even with cash due to the dollar's value fluctuating

That's also why I am now as I have been writing, actually seriously considering the Swiss franc, the single steadiest currency vis-a-vis the US buck, so there are legitimate hedges. I am at Citibank and I think they can help me there. Course they will get their 'vig' as it were. There is no real 'customer service' when it comes to banking.

Plus, as long as I am not going shopping overseas anytime soon, the US dollar is just fine for now...in the US. But actually, the Euro is cause for buying there, it being I think about $1.09 or some such thing close. Which is really somewhat of a by-product of that 'international instability.'

< Message edited by MrRodgers -- 1/14/2016 3:25:17 PM >


_____________________________

You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great

Under capitalism, man exploits man. Under communism, it's just the opposite.
J K Galbraith

(in reply to DominantWrestler)
Profile   Post #: 12
RE: As Expected, Here it Comes - 1/14/2016 3:52:47 PM   
joether


Posts: 5195
Joined: 7/24/2005
Status: offline
"The Sky Is Falling, The Sky Is Falling"....

Dont listen to these morons. The economy is running smoothly in the nation. Its not fantastic, but it certainly is not ho-hum. Smart investors perform the research ahead of time. Once invested, they keep tabs on the areas of investment. In some cases, they'll sell short when a long position may not be advantageous. The people that want to say its a bad economy are the Republicans and Tea Party. They have....NOTHING....to talk about on banking and financial systems to the American people. After all, it was their 'ideas' that brought about the deep recession in late 2006. They will babble bullshit in the hopes that voters will get scared and vote for their candidates. Its the same shit in a different dressing. Conservatives will become demoralized on the economy since they are the easiest to manipulate and lie too about possible events. Fear mongering has been a staple concept of the GOP/TP for two decades now. "We have to fight them there, or they will fight us here" is a motto brought about by these liars.

If your concern about your investments, consult someone knowledgeable about the markets. Or better yet, educate yourself through books and classes from the local community college.

(in reply to MrRodgers)
Profile   Post #: 13
RE: As Expected, Here it Comes - 1/14/2016 4:29:57 PM   
lovmuffin


Posts: 3759
Joined: 9/28/2007
Status: offline

quote:

ORIGINAL: joether

"The Sky Is Falling, The Sky Is Falling"....

Dont listen to these morons. The economy is running smoothly in the nation. Its not fantastic, but it certainly is not ho-hum. Smart investors perform the research ahead of time. Once invested, they keep tabs on the areas of investment. In some cases, they'll sell short when a long position may not be advantageous. The people that want to say its a bad economy are the Republicans and Tea Party. They have....NOTHING....to talk about on banking and financial systems to the American people. After all, it was their 'ideas' that brought about the deep recession in late 2006. They will babble bullshit in the hopes that voters will get scared and vote for their candidates. Its the same shit in a different dressing. Conservatives will become demoralized on the economy since they are the easiest to manipulate and lie too about possible events. Fear mongering has been a staple concept of the GOP/TP for two decades now. "We have to fight them there, or they will fight us here" is a motto brought about by these liars.

If your concern about your investments, consult someone knowledgeable about the markets. Or better yet, educate yourself through books and classes from the local community college.


So the Tea Party has been around for 2 decades ?? Do you mean the modern Tea Party or the one that started in Boston more than 2 centuries ago ? You really should think before you go around blabbing bull shit and making stuff up.

_____________________________

"Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world." Unknown

"Long hair, short hair—what's the difference once the head's blowed off." - Farmer Yassir

(in reply to joether)
Profile   Post #: 14
RE: As Expected, Here it Comes - 1/14/2016 4:43:07 PM   
bounty44


Posts: 6374
Joined: 11/1/2014
Status: offline
quote:

ORIGINAL: joether

"The Sky Is Falling, The Sky Is Falling"....

Dont listen to these morons. The economy is running smoothly in the nation. Its not fantastic, but it certainly is not ho-hum. Smart investors perform the research ahead of time. Once invested, they keep tabs on the areas of investment. In some cases, they'll sell short when a long position may not be advantageous. The people that want to say its a bad economy are the Republicans and Tea Party. They have....NOTHING....to talk about on banking and financial systems to the American people. After all, it was their 'ideas' that brought about the deep recession in late 2006. They will babble bullshit in the hopes that voters will get scared and vote for their candidates. Its the same shit in a different dressing. Conservatives will become demoralized on the economy since they are the easiest to manipulate and lie too about possible events. Fear mongering has been a staple concept of the GOP/TP for two decades now. "We have to fight them there, or they will fight us here" is a motto brought about by these liars.

If your concern about your investments, consult someone knowledgeable about the markets. Or better yet, educate yourself through books and classes from the local community college.


this is so laughably ironic---first, in keeping with your "consult someone knowledgeable about the markets", here are the author's credentials from the marketwatch article:

quote:

Paul Farrell writes the column on behavioral economics. He's the author of nine books on personal finance, economics and psychology, including "The Millionaire Code," "The Winning Portfolio," "The Lazy Person's Guide to Investing." Farrell was an investment banker with Morgan Stanley; executive vice president of the Financial News Network; executive vice president of Mercury Entertainment Corp; and associate editor of the Los Angeles Herald Examiner.


so he's exactly the type of person one could be/should be consulting with. at the very least, id put more credence on what he says than someone who says "the economy is fine." (forgetting for a moment the economy and the stock market are not the same things)

but the bigger irony is, the authors a leftie and he's blaming the GOP...but he's a "moron." oops...

never mind the mythical misinformation about the housing crisis and the recession. although, "deluded" is still on the table.

lastly...

quote:

"We have to fight them there, or they will fight us here" is a motto brought about by these liars.


apart from that that doesn't have anything directly to do with the economy or the stock market, you apparently think all the overseas terrorists are content to stay overseas? excuse me what? or that there's not a considerable movement in islam that desires to see the entire world under muslim rule?

oh, and what lovmuffin said...

< Message edited by bounty44 -- 1/14/2016 4:47:45 PM >

(in reply to joether)
Profile   Post #: 15
RE: As Expected, Here it Comes - 1/14/2016 4:59:05 PM   
DominantWrestler


Posts: 338
Joined: 7/4/2010
Status: offline

quote:

ORIGINAL: lovmuffin


quote:

ORIGINAL: joether

"The Sky Is Falling, The Sky Is Falling"....

Dont listen to these morons. The economy is running smoothly in the nation. Its not fantastic, but it certainly is not ho-hum. Smart investors perform the research ahead of time. Once invested, they keep tabs on the areas of investment. In some cases, they'll sell short when a long position may not be advantageous. The people that want to say its a bad economy are the Republicans and Tea Party. They have....NOTHING....to talk about on banking and financial systems to the American people. After all, it was their 'ideas' that brought about the deep recession in late 2006. They will babble bullshit in the hopes that voters will get scared and vote for their candidates. Its the same shit in a different dressing. Conservatives will become demoralized on the economy since they are the easiest to manipulate and lie too about possible events. Fear mongering has been a staple concept of the GOP/TP for two decades now. "We have to fight them there, or they will fight us here" is a motto brought about by these liars.

If your concern about your investments, consult someone knowledgeable about the markets. Or better yet, educate yourself through books and classes from the local community college.


So the Tea Party has been around for 2 decades ?? Do you mean the modern Tea Party or the one that started in Boston more than 2 centuries ago ? You really should think before you go around blabbing bull shit and making stuff up.


The Republican Party uses anti-federalism ironical while increasing federal power, just not in the areas liberals like. Military, Police and observation as opposed to healthcare. Trickle down theory relies on the generosity of the rich and powerful, and it is ironic that republicans believe powerful politicians are evil but the economically powerful are benevolent. This is why that I believe in a lot of conservative economics concerning efficiency but can never quite vote for them

Both sides have erred, both have been correct on some topics and both have their sins. A solution is not at the extremes

(in reply to lovmuffin)
Profile   Post #: 16
RE: As Expected, Here it Comes - 1/14/2016 5:28:14 PM   
lovmuffin


Posts: 3759
Joined: 9/28/2007
Status: offline

quote:

ORIGINAL: DominantWrestler


quote:

ORIGINAL: lovmuffin


quote:

ORIGINAL: joether

"The Sky Is Falling, The Sky Is Falling"....

Dont listen to these morons. The economy is running smoothly in the nation. Its not fantastic, but it certainly is not ho-hum. Smart investors perform the research ahead of time. Once invested, they keep tabs on the areas of investment. In some cases, they'll sell short when a long position may not be advantageous. The people that want to say its a bad economy are the Republicans and Tea Party. They have....NOTHING....to talk about on banking and financial systems to the American people. After all, it was their 'ideas' that brought about the deep recession in late 2006. They will babble bullshit in the hopes that voters will get scared and vote for their candidates. Its the same shit in a different dressing. Conservatives will become demoralized on the economy since they are the easiest to manipulate and lie too about possible events. Fear mongering has been a staple concept of the GOP/TP for two decades now. "We have to fight them there, or they will fight us here" is a motto brought about by these liars.

If your concern about your investments, consult someone knowledgeable about the markets. Or better yet, educate yourself through books and classes from the local community college.


So the Tea Party has been around for 2 decades ?? Do you mean the modern Tea Party or the one that started in Boston more than 2 centuries ago ? You really should think before you go around blabbing bull shit and making stuff up.


The Republican Party uses anti-federalism ironical while increasing federal power, just not in the areas liberals like. Military, Police and observation as opposed to healthcare. Trickle down theory relies on the generosity of the rich and powerful, and it is ironic that republicans believe powerful politicians are evil but the economically powerful are benevolent. This is why that I believe in a lot of conservative economics concerning efficiency but can never quite vote for them

Both sides have erred, both have been correct on some topics and both have their sins. A solution is not at the extremes


Be that as it may, my critique of the Birdbrains post was over the fact that the Tea Party has barely been around for a decade, not 2 decades as he stated.

........and what Bounty said too.

_____________________________

"Give a man a gun and he can rob a bank. Give a man a bank and he can rob the world." Unknown

"Long hair, short hair—what's the difference once the head's blowed off." - Farmer Yassir

(in reply to DominantWrestler)
Profile   Post #: 17
RE: As Expected, Here it Comes - 1/14/2016 5:34:22 PM   
DominantWrestler


Posts: 338
Joined: 7/4/2010
Status: offline
Please tell me you know about glass steagall and why it is so important because Bounty clearly demonstrates ignorance of the Great Depression

< Message edited by DominantWrestler -- 1/14/2016 5:36:17 PM >

(in reply to lovmuffin)
Profile   Post #: 18
RE: As Expected, Here it Comes - 1/14/2016 5:43:20 PM   
bounty44


Posts: 6374
Joined: 11/1/2014
Status: offline
as ive not said anything in any of my posts that legitimately could lead you to say such a thing about my knowledge of the great depression, i'll look forward to your evidence in that regard...

good luck in all the great leaps of logic, presumption and assumption you will need to get there.



< Message edited by bounty44 -- 1/14/2016 6:06:20 PM >

(in reply to DominantWrestler)
Profile   Post #: 19
RE: As Expected, Here it Comes - 1/14/2016 6:22:24 PM   
DominantWrestler


Posts: 338
Joined: 7/4/2010
Status: offline
The Great Depression was most influenced by a lack of leverage (and tariffs, but that's a different discussion). Basically, investing risk discorrelation to benefit allows corruption. This is most apparent in the middle man while trading. It's been a long time since I've written papers on this subject so please forgive my misuse of terminology, maybe stock broker? Basically, if you give a guy money to exchange what you own for money, they are a middle man. Certain middle men can guarantee profit. Banks lent more money than they should, allowing mortgages that they knew statistically to pay back only a fraction of the initial investment, were bundled with mortgages known to likely pay out in full with interest. What was potentially underhanded was that these mortgages were all given AAA ratings. Some of these banks bundling these derivatives also were involved with the companies rating these investments. It's a conflict of interests

(in reply to bounty44)
Profile   Post #: 20
Page:   [1] 2 3   next >   >>
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> As Expected, Here it Comes Page: [1] 2 3   next >   >>
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Collarchat.com © 2025
Terms of Service Privacy Policy Spam Policy

0.094