“be careful what you wish for is ALL I’m saying…if you would like to see our banking system in financial ruin, then it means that WE too – yes us the little people – will all be in financial ruin as well.”
hey, i made a similar comment at another time and place. that despite “winning” on my bsc bet, it was still not a good thing; who’s going to cry all the way to the bank when there are no banks…
but, you came off as condescending with your “tisk tisk” type comments, the same type of comments people were making about others cheering the collapse in home prices.
fact is, these problems are massive and cannot be “fixed” except by definitive price corrections. period. there is no hope, no wishing, just facts. if everything collapses and short position wins are wiped out anyway, so be it. it won’t matter what you were betting on, 00 came up and god destroyed everyone. until that happens, it’s better to take action, hedge and be prepared than to quiver in fear, ignore your retirement account balance, be inactive and tisk tisk people for trying to take cover.
