Stressless test

[davelj]

[quote=Arraya]Faith based systems don’t last to long when people lose faith.

[/quote]

Every system is faith based. Every single one of them. Even the gold standard. You do realize that we had major depressions during the 19th century before our current fiat system and even without huge amounts of debt relative to GDP, right? If folks stop believing in aggregate that the next 10 years is going to be better than the last 10 – even if just marginally better – then things go south – gold standard, fiat system, cigarette bartering, whatever. That’s just the way economies work within the context of the psychology of the masses.

All you’re really saying is that every system of commerce since credit was invented had an enormous element of faith intertwined into it. Otherwise, credit wouldn’t exist. That’s a blinding glimpse of the obvious.

[LuckyInOC]

[quote=jpinpb]Allan – I was thinking the same thing. Like there’s a parallel universe going on simultaneously.

If you only need a few billion, no problem. I got a couple old monopoly games and those bucks have as much worth as our USD. [/quote]

jpinbp, I got just the thing…

http://www.hasbro.com/games/kid-games/monopoly/images/money/monopoly-money-five-hundred-dollar.pdf

http://www.hasbro.com/games/kid-games/monopoly/default.cfm?page=strategyguide/gametools

Now you can be just like the Fed and print your own money… Monopoly money that is…

LuckyInOC

[LuckyInOC]

[quote=jpinpb]Allan – I was thinking the same thing. Like there’s a parallel universe going on simultaneously.

If you only need a few billion, no problem. I got a couple old monopoly games and those bucks have as much worth as our USD. [/quote]

jpinbp, I got just the thing…

http://www.hasbro.com/games/kid-games/monopoly/images/money/monopoly-money-five-hundred-dollar.pdf

http://www.hasbro.com/games/kid-games/monopoly/default.cfm?page=strategyguide/gametools

Now you can be just like the Fed and print your own money… Monopoly money that is…

LuckyInOC

[LuckyInOC]

[quote=jpinpb]Allan – I was thinking the same thing. Like there’s a parallel universe going on simultaneously.

If you only need a few billion, no problem. I got a couple old monopoly games and those bucks have as much worth as our USD. [/quote]

jpinbp, I got just the thing…

http://www.hasbro.com/games/kid-games/monopoly/images/money/monopoly-money-five-hundred-dollar.pdf

http://www.hasbro.com/games/kid-games/monopoly/default.cfm?page=strategyguide/gametools

Now you can be just like the Fed and print your own money… Monopoly money that is…

LuckyInOC

[LuckyInOC]

[quote=jpinpb]Allan – I was thinking the same thing. Like there’s a parallel universe going on simultaneously.

If you only need a few billion, no problem. I got a couple old monopoly games and those bucks have as much worth as our USD. [/quote]

jpinbp, I got just the thing…

http://www.hasbro.com/games/kid-games/monopoly/images/money/monopoly-money-five-hundred-dollar.pdf

http://www.hasbro.com/games/kid-games/monopoly/default.cfm?page=strategyguide/gametools

Now you can be just like the Fed and print your own money… Monopoly money that is…

LuckyInOC

[LuckyInOC]

[quote=jpinpb]Allan – I was thinking the same thing. Like there’s a parallel universe going on simultaneously.

If you only need a few billion, no problem. I got a couple old monopoly games and those bucks have as much worth as our USD. [/quote]

jpinbp, I got just the thing…

http://www.hasbro.com/games/kid-games/monopoly/images/money/monopoly-money-five-hundred-dollar.pdf

http://www.hasbro.com/games/kid-games/monopoly/default.cfm?page=strategyguide/gametools

Now you can be just like the Fed and print your own money… Monopoly money that is…

LuckyInOC

[greekfire]

Check out this video:
The Greatest Boondoggle in History:
http://finance.yahoo.com/tech-ticker/article/244222/%22The-Greatest-Boondoggle-in-History%22-Banks-Buoyed-at-Taxpayers%27-Expense?tickers=WFC,MS,BAC,C,XLF,^DJI,^GSPC

This is just the calm before the next storm, IMHO. My uneducated guess is that this calm won’t outlast this summer and then the $%^t will hit the fan again like it did last year. Continued poor jobs numbers, rising oil prices, poor housing numbers, etc. It’s like a really slow-motion dead cat bounce.

[greekfire]

Check out this video:
The Greatest Boondoggle in History:
http://finance.yahoo.com/tech-ticker/article/244222/%22The-Greatest-Boondoggle-in-History%22-Banks-Buoyed-at-Taxpayers%27-Expense?tickers=WFC,MS,BAC,C,XLF,^DJI,^GSPC

This is just the calm before the next storm, IMHO. My uneducated guess is that this calm won’t outlast this summer and then the $%^t will hit the fan again like it did last year. Continued poor jobs numbers, rising oil prices, poor housing numbers, etc. It’s like a really slow-motion dead cat bounce.

[greekfire]

Check out this video:
The Greatest Boondoggle in History:
http://finance.yahoo.com/tech-ticker/article/244222/%22The-Greatest-Boondoggle-in-History%22-Banks-Buoyed-at-Taxpayers%27-Expense?tickers=WFC,MS,BAC,C,XLF,^DJI,^GSPC

This is just the calm before the next storm, IMHO. My uneducated guess is that this calm won’t outlast this summer and then the $%^t will hit the fan again like it did last year. Continued poor jobs numbers, rising oil prices, poor housing numbers, etc. It’s like a really slow-motion dead cat bounce.

[greekfire]

Check out this video:
The Greatest Boondoggle in History:
http://finance.yahoo.com/tech-ticker/article/244222/%22The-Greatest-Boondoggle-in-History%22-Banks-Buoyed-at-Taxpayers%27-Expense?tickers=WFC,MS,BAC,C,XLF,^DJI,^GSPC

This is just the calm before the next storm, IMHO. My uneducated guess is that this calm won’t outlast this summer and then the $%^t will hit the fan again like it did last year. Continued poor jobs numbers, rising oil prices, poor housing numbers, etc. It’s like a really slow-motion dead cat bounce.

[greekfire]

Check out this video:
The Greatest Boondoggle in History:
http://finance.yahoo.com/tech-ticker/article/244222/%22The-Greatest-Boondoggle-in-History%22-Banks-Buoyed-at-Taxpayers%27-Expense?tickers=WFC,MS,BAC,C,XLF,^DJI,^GSPC

This is just the calm before the next storm, IMHO. My uneducated guess is that this calm won’t outlast this summer and then the $%^t will hit the fan again like it did last year. Continued poor jobs numbers, rising oil prices, poor housing numbers, etc. It’s like a really slow-motion dead cat bounce.

[Author]

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