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August 27, 2008 at 10:23 AM in reply to: This survey on CNN shows how nobody thinks about the people with reason #262407August 27, 2008 at 10:23 AM in reply to: This survey on CNN shows how nobody thinks about the people with reason #262611
Diego Mamani
ParticipantHow about…
–> I sold my house at the peak, and invested the proceeds in Euro, gold, and commodities futures
August 27, 2008 at 10:23 AM in reply to: This survey on CNN shows how nobody thinks about the people with reason #262617Diego Mamani
ParticipantHow about…
–> I sold my house at the peak, and invested the proceeds in Euro, gold, and commodities futures
August 27, 2008 at 10:23 AM in reply to: This survey on CNN shows how nobody thinks about the people with reason #262670Diego Mamani
ParticipantHow about…
–> I sold my house at the peak, and invested the proceeds in Euro, gold, and commodities futures
August 27, 2008 at 10:23 AM in reply to: This survey on CNN shows how nobody thinks about the people with reason #262708Diego Mamani
ParticipantHow about…
–> I sold my house at the peak, and invested the proceeds in Euro, gold, and commodities futures
Diego Mamani
ParticipantI think that in 6 months, or less, Freddie and Fannie will be nationalized. The shareholders will be wiped out, but the taxpayer will be left holding the bag (i.e., the billions in paper guaranteed by these two monsters will essentially become part of the national debt, although Uncle Sam will resort to semantics and creative accounting to say otherwise).
The war on savers and the war on the dollar will keep going at full steam. There’s simply too much political pressure not to bail out FBs and FLs by inflating the problem away. And this will probably happen regardless of who takes office in January.
Diego Mamani
ParticipantI think that in 6 months, or less, Freddie and Fannie will be nationalized. The shareholders will be wiped out, but the taxpayer will be left holding the bag (i.e., the billions in paper guaranteed by these two monsters will essentially become part of the national debt, although Uncle Sam will resort to semantics and creative accounting to say otherwise).
The war on savers and the war on the dollar will keep going at full steam. There’s simply too much political pressure not to bail out FBs and FLs by inflating the problem away. And this will probably happen regardless of who takes office in January.
Diego Mamani
ParticipantI think that in 6 months, or less, Freddie and Fannie will be nationalized. The shareholders will be wiped out, but the taxpayer will be left holding the bag (i.e., the billions in paper guaranteed by these two monsters will essentially become part of the national debt, although Uncle Sam will resort to semantics and creative accounting to say otherwise).
The war on savers and the war on the dollar will keep going at full steam. There’s simply too much political pressure not to bail out FBs and FLs by inflating the problem away. And this will probably happen regardless of who takes office in January.
Diego Mamani
ParticipantI think that in 6 months, or less, Freddie and Fannie will be nationalized. The shareholders will be wiped out, but the taxpayer will be left holding the bag (i.e., the billions in paper guaranteed by these two monsters will essentially become part of the national debt, although Uncle Sam will resort to semantics and creative accounting to say otherwise).
The war on savers and the war on the dollar will keep going at full steam. There’s simply too much political pressure not to bail out FBs and FLs by inflating the problem away. And this will probably happen regardless of who takes office in January.
Diego Mamani
ParticipantI think that in 6 months, or less, Freddie and Fannie will be nationalized. The shareholders will be wiped out, but the taxpayer will be left holding the bag (i.e., the billions in paper guaranteed by these two monsters will essentially become part of the national debt, although Uncle Sam will resort to semantics and creative accounting to say otherwise).
The war on savers and the war on the dollar will keep going at full steam. There’s simply too much political pressure not to bail out FBs and FLs by inflating the problem away. And this will probably happen regardless of who takes office in January.
Diego Mamani
ParticipantThanks for sharing. I found the full transcript elsewhere. When asked whether he thought that sovereign funds were “dumb money,” he replied “er… let’s say ‘innocent money’.”
Priceless.
Some news reports quoted the “innocent money” remark out of context and it was hard to figure out what WB meant. He’s right, of course.
Diego Mamani
ParticipantThanks for sharing. I found the full transcript elsewhere. When asked whether he thought that sovereign funds were “dumb money,” he replied “er… let’s say ‘innocent money’.”
Priceless.
Some news reports quoted the “innocent money” remark out of context and it was hard to figure out what WB meant. He’s right, of course.
Diego Mamani
ParticipantThanks for sharing. I found the full transcript elsewhere. When asked whether he thought that sovereign funds were “dumb money,” he replied “er… let’s say ‘innocent money’.”
Priceless.
Some news reports quoted the “innocent money” remark out of context and it was hard to figure out what WB meant. He’s right, of course.
Diego Mamani
ParticipantThanks for sharing. I found the full transcript elsewhere. When asked whether he thought that sovereign funds were “dumb money,” he replied “er… let’s say ‘innocent money’.”
Priceless.
Some news reports quoted the “innocent money” remark out of context and it was hard to figure out what WB meant. He’s right, of course.
Diego Mamani
ParticipantThanks for sharing. I found the full transcript elsewhere. When asked whether he thought that sovereign funds were “dumb money,” he replied “er… let’s say ‘innocent money’.”
Priceless.
Some news reports quoted the “innocent money” remark out of context and it was hard to figure out what WB meant. He’s right, of course.
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