how is a bailout contributing to stability? gaming the system means more and more people who play by the rules becoming discontent. stability is only achieved by making the masses content, tilting things against the masses only results in political upheaval.
a meltdown in the *current* financial system means there will be chaos. people will get hurt. but as it is, people are still getting hurt anyway, it’s just a matter of who you consider are “people”.
things are apparently quite fubar. saving the current system in order to perpetuate a fubar system is a farce. seriously, what is the long term plan? what is the remediation? there is none, only day to day hand to mouth. keep things going until i get mine, then off to the caymans.
the op is merely having a revelation about How Things Work. he certainly wasn’t plotting to get rich on the situation. but, there are plenty of examples in the past of people who did indeed get rich off the misery of others. it’s a fundamental strategy, buy low sell high. be prepared and take your opportunities as they come. in the end, if the system fails, it wont matter either way. but in the face of adversity, do you damn best. lemonade, glass half full, etc.
hell, the only potential solution to the crisis is indeed betting against the house. inflation will kill your mattress backed securities, stock/bond markets around the globe are in distress, commodities are just as vulnerable not to mention, nobody actually buys physical gold…
