"Fred Weiss" papertig.com> wrote in message
news:d0a7b6ae-d5f9-4ba4-b562-2c0a07dbe115@w7g2000hsa.googlegroups.com...
On Sep 16, 9:29 pm, "Sean" now.com.au> wrote:

Aren't you seeing how very, very real it is - in some cases painfully
real - right now?

Not to those who were invested in the market - and to a considerable
extent many ordinary Chinese were. But you could tell that the top was
near when reports came out that Chinese were taking out mortgages on
their houses to invest in the market, That's the mentality of "it's a
sure thing" which was also present at the top of the real estate
market a year or two ago - and a sure sign of a bubble forming. (It's
"Tulip Bulb Mania" replayed over and over again).

Fred Weiss

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Ok, yes, it's real [ as in effects or potential profits ] and yet then it
isn't.

Is this really a sane way in which to operate an economy, where people's
life savings or their homes are concerned? Where "finance & economic
experts" like the Fed either don't have a clue, or simply turn a blind eye
to shonky activities, and actually provide the cash for these bubbles to
occur?

And what about all the real genuine businesses out there, the mom and pops,
the creative IT guy, or the small manufacturers pumping out
high-productivity products and services, or a sound new invention that
really needs the support of "sound capital" to get a great new idea to
market and create real sustainable jobs for those recently retrenched in
dying industry?

Is this system always going to be held to ransom by fraudsters, sly
operators, back room deals, and emotional roller coasters that keep causing
the same problems repeatedly in the exact same way. It's simply beyond all
sense of reason, imho.

And yet, the wild west lives on. C'est la vie. And buyer beware, i guess.

at the stupidity and senselessness of it all. It;s a weird
world, it really is. :-)