Hey guys, your opinions on the issue of peril to the U.S. and/or global financial system with this wild and large sudden bubble?
I noted that just yesterday the bubble idea spread to Australia and quickly to Asia and Europe: it IS quick, very quick, money, if you luck out. But the Wall Street Journal said this morning that some $19 billion has been lost by hedge funds: that is serious money. The only way to make money in the stock market, I read years ago, is to take it from someone else. The small investors are now taking it from the big investors, and how.
Big money moving rapidly across the whole world --- what could go wrong with that? Well, last times it happened, the Russian collapse and the Asian financial crisis, it was a problem.
And I notice that the Fed, the Sec., and the White House (as well as their running dogs, the big social media outfits and trading companies) are taking alarm and running around trying to stop this, with so far no effect. If they are worried, I am at least somewhat worried ----- because by the time these people got worried in 2008 it was time to worry, and well past time.
What do you think?
I noted that just yesterday the bubble idea spread to Australia and quickly to Asia and Europe: it IS quick, very quick, money, if you luck out. But the Wall Street Journal said this morning that some $19 billion has been lost by hedge funds: that is serious money. The only way to make money in the stock market, I read years ago, is to take it from someone else. The small investors are now taking it from the big investors, and how.
Big money moving rapidly across the whole world --- what could go wrong with that? Well, last times it happened, the Russian collapse and the Asian financial crisis, it was a problem.
And I notice that the Fed, the Sec., and the White House (as well as their running dogs, the big social media outfits and trading companies) are taking alarm and running around trying to stop this, with so far no effect. If they are worried, I am at least somewhat worried ----- because by the time these people got worried in 2008 it was time to worry, and well past time.
What do you think?