“There’s a signpost up ahead. Next stop…..The Twilight Zone!”
Golden Oxen
November 4, 2014 6:45 pm
Alibaba, one company, has a market cap about equal to the entire US Gold Reserve; if, of course, you believe it is still there.
Bubble is too common and inadequate a word to describe the paper edifice of hallucinations and divorce from reality these mad men have created.
The South Sea Bubble, Tulip bulb Craze, and Internet bubble were merely child’s play compared to this one.
Rough estimate of amount of derivatives outstanding at the end of 2012 is 1.4 Quadrillion, yes 1.4 QUADRILLION, whatever that number represents.
Reverse Engineer
November 4, 2014 7:14 pm
How about Facepalm? Suckerbug’s Market Cap is $206B. At least AliPooPoo has products to sell.
Nice to see you surface GO. 🙂
RE
Golden Oxen
November 4, 2014 7:35 pm
@ Reply RE
Yes Facepalm is another wet dream. Amazing how a madness can grip so many people who are supposed to be sane and professional managers.
You can forgive the dim who buy these pieces of shit on a hope and a dream, but these fund managers and brokers that promote this fleecing of the lambs are criminals in my view.
The pool operators, Goldman Suchs and such, that continually blow the shorts away in this garbage are having a ball as well. They have the MSM in their pocket and the silly babes on the business stations tout the living shit out of them whenever it’s time to wipe out a new group of short sellers.
Where it ends is anyone’s guess, but there will be much weeping and gnashing of teeth when it does.
“There’s a signpost up ahead. Next stop…..The Twilight Zone!”
Alibaba, one company, has a market cap about equal to the entire US Gold Reserve; if, of course, you believe it is still there.
Bubble is too common and inadequate a word to describe the paper edifice of hallucinations and divorce from reality these mad men have created.
The South Sea Bubble, Tulip bulb Craze, and Internet bubble were merely child’s play compared to this one.
Rough estimate of amount of derivatives outstanding at the end of 2012 is 1.4 Quadrillion, yes 1.4 QUADRILLION, whatever that number represents.
How about Facepalm? Suckerbug’s Market Cap is $206B. At least AliPooPoo has products to sell.
Nice to see you surface GO. 🙂
RE
@ Reply RE
Yes Facepalm is another wet dream. Amazing how a madness can grip so many people who are supposed to be sane and professional managers.
You can forgive the dim who buy these pieces of shit on a hope and a dream, but these fund managers and brokers that promote this fleecing of the lambs are criminals in my view.
The pool operators, Goldman Suchs and such, that continually blow the shorts away in this garbage are having a ball as well. They have the MSM in their pocket and the silly babes on the business stations tout the living shit out of them whenever it’s time to wipe out a new group of short sellers.
Where it ends is anyone’s guess, but there will be much weeping and gnashing of teeth when it does.