Message:

<p>[QUOTE=&quot;fatima, post: 1439654, member: 22143&quot;]Back to the OP.&nbsp;&nbsp; The opinions, notions, personal acnedotes about stock market investing are mostly nonsense as they all assume that all is &quot;well and dandy&quot; with the US and for that matter the global finance system.&nbsp; </p><p><br /></p><p>This week&#039;s action with JPM&nbsp; having yet again getting caught with its pants down with losing $2B, just like that, due to its participation in high risk exotic investments is proof enough that nothing, nothing, has been fixed with the US economy that destroyed it in late 2007 and which a year later forced the President to ask the taxpayers to bail out these institutions that caused it.&nbsp;&nbsp; Not one prosecution, not one federal criminal investigation, not one examination on the federal reserve&#039;s tactics.&nbsp; (beyond some hyperventilating by Ron Paul)&nbsp; The TBTF banks are free to behave as they please and if they mess up, the public inherits the losses.&nbsp;&nbsp; Meanwhile the media is focused on whether or not Obama and Romney like Gays &amp; Lesbians.&nbsp; </p><p><br /></p><p>What has happened, is that $7T in new debt has been created in various forms and either the federal government or the federal reserve has taken this on in a futile attempt to prop up the system that already collapsed.&nbsp;&nbsp; They will keep doing this until they can&#039;t do it anymore but when that time comes is anyone&#039;s guess.&nbsp; In a normally operating system this would be fairly easy to determine.&nbsp; But we have one where the existing laws and precedents don&#039;t apply so timing of anything is impossible.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in