richest man in world says half quadrillion bubble...

[scared?]

is about to burst...scared?...

http://www.marketwatch.com/news/story/d ... t=printTop

[plained]

really ey!

prolly good not to buy anything that seem overly puffed-up

[seremtan]

i have no idea wtf that means but it sounds dodgy

[scared?]

yeah warren buffett wouldn't know...moron...

[Unisaw]

For the first time - scared's got a point here. Leverage has the effect of sending shockwaves through the economy when things go badly - witness the subprime debacle which is a very simple example of leverage in a regulated industry. When you compound leverage with the use of derivatives in an unregulated industry and I can just imagine the shockwave that would rock the world when things go badly.

[scared?]

it's over...

[Canidae]

[Nightshade]

[Canidae]

What...no harem?

[seremtan]

canned food, guns and barbara eden lookalikes

sounds like a plan

[MKJ]

quite
bring on the apocalypse

[Ryoki]

For a moment there, i was puzzled by the amount of barrels on those shotguns

For the first time - scared's got a point here.

Pff hardly, he's speaks truth in something like 50% of his topics.

[GONNAFISTYA]

...and the other 50% is stark batshit insane.

But yeah...go0f usually knows what he's discussing...or at least what colour socks he's folding.

[Unisaw]

From today's WSJ...

After initial relief, credit markets have taken a turn for the worse in recent weeks, breeding an every-man-for-himself attitude among Wall Street firms. With each firm intricately intertwined with others in a maze of loans, credit lines, derivatives and swaps, the Fed and Treasury agreed that letting Bear Stearns collapse quickly was a risk not worth taking, because the consequences were simply unknowable.