I can tell you from professional experience that "GW's" Housing Bubble and Crash are going to occur again.
I can tell you the dregs of society , god's '
special children' ie corn-struction workers are all expecting a crash Indeep
I know for a fact that these people earn in the lower 20-30Ks and I am convinced that the Lenders are Rubber Stamping these Loans "Approved".
Just as in the GW years, there is no way the Tables in the software provided by the Municipalities, States and Federal levels of Government are allowing people who work in Pizza Shops to take out Home Equity Loads in the 600K range.
a recipe for another housing disaster
Everybody loves a great economy, but everyone wants to jump aboard before they're capable of earning and paying their own way.
true, but don't you sense the constant revaluation via fiscals such as the derivatives market a factor InDeep?
~S~
Institutional Trading should be
Illegal.
I'm tired of
egotistical assholes with a
bullshit degree in Finance from a "prestigious" University that their daddy's bribe got them into, determining from
thin air how a much a given piece of a
MULTI-NATIONAL CORPORATION, with an almost infinite amount of physical Assets & Liabilities alone, is worth at any given
second.
HOW THE FUCK DO THEY KNOW????
It's a
fucking game that they
never lose at!
I explained it last week to a naive person here who wants to believe all people on Wall Street are honest.
I will now calm down...nah!
how a much a given piece of a MULTI-NATIONAL CORPORATION, with an almost infinite amount of physical Assets & Liabilities alone, is worth at any given second.
If they're overpricing it, don't buy from them.
If they're underpricing it, don't sell to them.
I get the impression
you were on the up and up.
Not so the Institutional Traders who are baiting the small guy.
The Market rides like a roller coaster all day long...there's no way that would happen if the data being fed to the masses were honest.
Are investors really pulling in and out of the
same deal all day long?
No way.
It's like a big flashing advertisement, but when it fails, it destroys an entire economy.
In fact, with today's technology, crashes should
never happen because we found out something that happened last year was suddenly discovered.
Just look at the Housing Crash...who didn't really know the Loans were BAAAAAAAAAAAAAAAAAAAAAD!
But everybody's got a dream.