On Nov 23, 11:27 am, Robert Cohen
msn.com> wrote:> On Nov 23, 1:21 am, turtoni
fastmail.net> wrote:
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>>> On Nov 22, 12:24 pm, Robert Cohen
msn.com> wrote:>
>>> On Nov 22, 12:47 am, turtoni
fastmail.net> wrote:>
>>>> On Nov 21, 10:15 am, Robert Cohen
msn.com> wrote:>
>>>>> Because the financial world is "overly leveraged," psychologically and
>>>>> materially inter-dependent and inter-dynamic
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>>>>> The "sub-prime" phenomena are alleged to be causing international
>>>>> "insecurities" (all meanings).
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>>>>> FANNIE MAE and FREDDIE MAC loans are apparently being massively
>>>>> defaulted, or perceived to be.
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>>>>> These former quasi-government though now separate model financial
>>>>> institutions aren't supposed to be backing or investing into "sub-
>>>>> prime" risk.
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>>>>> I therefore interpret their stock collapses in the past three days as
>>>>> a dynamic of the overall fragile credit situation.
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>>>>> I certainly hope my pessimistic hypothesis, thesis or observation
>>>>> stated here is amateurish, idiocy, hot air, and thus blullshite;
>>>>> thouigh I did want to publicly post
>>>>> my irrational/rational fear and observation of what's on-going.
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>>>> probably peanuts in the scheme of things.
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>>>>> Solutions?
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>>>>> Hey, it's glibly easy to be an a-hole critic; but if I insist on being
>>>>> constructive, then I'd say cures for cancer, aids,
>>>>> oil dependency, pollutions, and whatnot could help to turn this
>>>>> Titanic 2007 (though it may now be too late and the cure inadequate).
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>>>> all we can do is bring about "order". even if we were living in heaven
>>>> i'm sure we'd imagine the sky was falling. but sure there's always
>>>> work to do and problems to overcome. the problems will likely become
>>>> more massive and acute; in reaction the solutions will likely get
>>>> faster and faster. not meaning to sound mystic.
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>>>> - Show quoted text -
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>>> It rained hard this morning, and more is soon expected in the midst of
>>> a water shortage aka drought.
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>>> Therefore, I'm not quite as pessimistic.
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>>> Today I eat turkey and dressing.
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>>> About 4 years ago, the so-called "fresh" bird wasn't.
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>>> We both were so grossed-out that have avoided preparing turkey for the
>>> holidays for maybe 4 years.
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>>> I'd eat a Subway sandwich of turkey; but that's what a non-fresh one
>>> does to the thanksgiving turkey appetite memory cell.
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>>> Speaking of gross: I'm watching the new Fox Bizness Network Cable
>>> Channel.
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>>> Neal Cavuto is interviewing Dennis Kozlowski, the Tyco tycoon who is
>>> now deservedly in jail for 8-25 years.
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>>> Life is absurd though often facinating, and Wall Street's pursuit of
>>> greed is (hopefully temporarily) derailed by its greed in over-
>>> speculative stupidity.
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>> If the stock market crashed completely; life would go on without a
>> doubt. and, the USA would remain the strongest market.
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>> As it stands the markets can only continue to gain, since the is so
>> much more to develop.
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>> The stock market, in the grand scheme of things (heh) is the tip of
>> the iceburg.
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>>> Your friendly neighborhood local banks and mortgage companies probably
>>> took part (commissions) in the scandal, because it was the on-going
>>> norm (imho).
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>>> If this 2007 Titanic turns over and this civilization sinks, it'll
>>> take the guilty and the "semi guilty"--everybody else--under.
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>> Guilt is a relative.
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>> Happy thanksgiving.- Hide quoted text -
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>> - Show quoted text
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> The Chinese markets are now seemingly the strongest, (becoming the
> most productiuve, if not already) in the world now.
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> The growth is so fast that the problems are pollution, potential
> inflation, potential chaos; though since they are still so tightly
> authoritarian controlled-structured..., and which imho negates the
> horse crape propaganda i was conditioned-brainwashed about freedom and
> capitalism in the USA: the two obviously are not neceesarily
> synonymous, but you will not hear the denouement or acknowledgment or
> poltical-intellectual admission too loudly in the West, except by your
> faithless schnook here in a sort of sin-a-cal note.- Hide quoted text -
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> - Show quoted text -
The stock market wasn't doing downers today
melville's, "the captain wasn't drunk today">
