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<p>[QUOTE="fatima, post: 1353726, member: 22143"]You completely miss the point. Nobody has made the claim that almost every corporation in the USA is cooking their books. It's yet another logical fallacy argument which creates a hypothetical situation and because it's improbable, then the contention itself is wrong. Whether you resent it or not is also irrelevant. It's got nothing to do with the stock market. </p><p><br /></p><p>The real point is there is no longer a way to judge risk because the system itself has been destroyed by lack of regulation, law breaking, government protecting their cronies, TBTF, Fed QE, and the taxpayers being asked to socialize failure. It doesn't matter if one company is cooking the books or 100s or all of them. If you can't judge risk then you can't properly invest, period. Investment is balancing risk against returns.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1353726, member: 22143"]You completely miss the point. Nobody has made the claim that almost every corporation in the USA is cooking their books. It's yet another logical fallacy argument which creates a hypothetical situation and because it's improbable, then the contention itself is wrong. Whether you resent it or not is also irrelevant. It's got nothing to do with the stock market. The real point is there is no longer a way to judge risk because the system itself has been destroyed by lack of regulation, law breaking, government protecting their cronies, TBTF, Fed QE, and the taxpayers being asked to socialize failure. It doesn't matter if one company is cooking the books or 100s or all of them. If you can't judge risk then you can't properly invest, period. Investment is balancing risk against returns.[/QUOTE]
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