See Freddie and Fannie are too big to fail. Why is the administration so easy to catch? It's a foregone conclusion that the Fed, the Treasury, ...will all print money to rescue our giants. My 99.9% bet that they will intervene is a sure win.
Sometimes, I wonder whether there is any such thing as economics, capitalism, bankruptcy, gambling, investments, speculations, etc. It does appear that there is also no such thing as real risks in the housing, credit or stock markets. The bigger the stakes of the speculation and risks, the safer you are. If you jump out of the window to win a fortune, you are bound to be hurt. But this is absolutely wrong! You are bound to win because big brother is bound to give you more money to save you. See even basic physics and force of gravity do not exist in our world. God, we are in a Topsy-turfy world!
Now, I am going to count my gains from my cheapy financials. But watch out! The greedy crocodiles have not yet eaten enough; you may see another shock this week. Why? The ruling elites, the big banks and landlord won't release the Fed and Treasury from their task of printing money until each of them has filled their pockets to the full.
Who are the losers? The stupid investors who believe in the law of physics and force of gravity.
Sunday, July 13, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment