The fools delayed the inevitable in 2008 and they tried to delay things
by printing money. Time for a reboot. There are many ways this can go
but it was inevitable that something had to give. Whether this is the
time or it gets temporarily resolved until next year time will tell.
But it is a pattern that has to play out.
What would you want? The same ol' same ol' inequality?
On 08/24/2015 07:12 PM, awoelfleba...@yahoo.com [FairfieldLife] wrote:
---In FairfieldLife@yahoogroups.com, <noozguru@...> wrote :
The rich are the most effected this time around. The middle class and
poor don't have much of anything in the markets. It would be good if
the playing field got leveled and the inequity would go away. Yeah
the rich may try to stick their gambling losses to us and I suggest
we fight back as we have nothing to lose.
May you live in interesting times.
Those who have investments in the market can lose or win depending
upon their timing and their position but when whole markets are
effected everything is effected from gas prices, to food prices to the
cost of real estate. Nothing is exempt. It's like thinking a smoking
section in the back of an airplane in the old days would ensure clean
air in the rest of the plane or that one person peeing in a pool
hasn't bathed the other swimmers in its "trickle down" effect.
On 08/24/2015 06:26 PM, awoelflebater@... <mailto:awoelflebater@...>
[FairfieldLife] wrote:
---In FairfieldLife@yahoogroups.com
<mailto:FairfieldLife@yahoogroups.com>, <noozguru@...>
<mailto:noozguru@...> wrote :
Capitalism is a flawed system that only benefits the greedy.
It's death is well overdue.
You sound as if any crash will only effect the rich. We're all in
the boat together including virtually every other country
worldwide. This is not just an American problem or a rich
person's problem this is everyone's challenge. Don't be too hasty
rubbing your hands together and thinking you will be spared any
of the ramifications of this both negative and positive. "Greedy"
is such a relative term and I'm not sure there are more than a
handful of people in the Western world who don't have a greedy
molecule in their body.
On 08/24/2015 01:45 PM, jr_esq@... <mailto:jr_esq@...>
[FairfieldLife] wrote:
This is serious business folks. The stock market has plunged
below 16,000 and who knows how far it will go down. Fear and
economic woes have taken over Wall Street. This is pure
capitalism in action before our very eyes.
Stocks plunge as global economic, policy fears grip Wall Street
<http://finance.yahoo.com/news/u-s--stocks-poised-to-plunge-as-traders-race-into-safe-havens-121002330.html#>
image
<http://finance.yahoo.com/news/u-s--stocks-poised-to-plunge-as-traders-race-into-safe-havens-121002330.html#>
Stocks plunge as global economic, policy fears gri...
<http://finance.yahoo.com/news/u-s--stocks-poised-to-plunge-as-traders-race-into-safe-havens-121002330.html#>
Wall Street dropped on Monday in tumultuous action, as traders
raced into safe-haven assets.
View on finance.yahoo.com
<http://finance.yahoo.com/news/u-s--stocks-poised-to-plunge-as-traders-race-into-safe-havens-121002330.html#>
Preview by Yahoo
---In FairfieldLife@yahoogroups.com
<mailto:FairfieldLife@yahoogroups.com>, <noozguru@...>
<mailto:noozguru@...> wrote :
Stock up on canned food for stock market crash, warns former Gordon
Brown adviser
http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html
Don't forget the kippers.
