Yes some are absolutely making a fortune on this mess….as it should be. People (adults) did this on their own accord. I DO feel bad for them, but I certainly DON'T feel sorry for them….In fact, Im profiting HUGELY right now on this also, as many other daytraders are.
You cant warn them or teach them will logical explanations, they just didnt want to know, they called us Doom and Gloomers, I tried very hard with my friends, so you might as well take their money if there gonna be THAT dumb. Its called fiscal responsibility. Theyre gonna find out how leverage and gearing work in the opposite direction now.
Were all adults here…right ? Well, the financial Disneyland is now closed. Now comes the pain from all of that irrational exuberance (as Greenspan called it) from the last 5 yrs.
I find it somewhat funny ?….Nobody thought it was wrong or abnormal when their 42 yr old crackerbox house was appreciating at 10% per month…..Too bad..so sad…Equilibrium can and will be a bitch
