+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 46
Latest: Tony Ryan
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 12392
Total Topics: 258
Most Online Today: 1
Most Online Ever: 137
(April 21, 2019, 04:54:01 am)
Users Online
Members: 0
Guests: 2
Total: 2

Author Topic: Money  (Read 6376 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 24090
  • Location: Colchester, Vermont
    • Renwable Revolution
Re: Money
« Reply #525 on: December 27, 2018, 02:12:43 pm »
Quote

itstippy

"When certainty frays, capital gets skittish."

Confidence in capital itself is fraying.  Capital has been leveraged, rehypothecated, securitized, and falsified to the point that no thinking person trusts it any more.  When I see a rich man with a big house, fancy car, trophy wife, and $2K suit I immediately suspect that he's some kind of con man playing financial games.  If I have a little bit of capital I want to invest I immediately assume that every investment vehicle offered me is some kind of ******** con game, run by some kind of ******** con man, to cheat me out of my hard-earned savings.

The bank says it's got a fortress balance sheet, with plenty of ready capital on hand?  I don't believe it.  It's got some ******** balance sheet with plenty of phoney capital on hand.  All perfectly legal, you understand.


Article that the above truth filled comment responded to:

Thu, 12/27/2018 - 11:15

Authored by Charles Hugh Smith via OfTwoMinds blog

Quote
The net result is capital is impaired in eras of uncertainty. Uncertainty also leads to polarization, as people cling with irrational certainty to ideologies and policies that are failing.

This poor man cried, and the Lord heard him, and saved him out of all his troubles.. -- Psalm 34:6

 

+-Recent Topics

Doomstead Diner Daily by AGelbert
June 24, 2019, 09:03:22 pm

War Provocations and Peace Actions by AGelbert
June 24, 2019, 06:54:51 pm

Electric Vehicles by AGelbert
June 24, 2019, 04:31:13 pm

End Times according to the Judeo Christian Bible by AGelbert
June 24, 2019, 02:48:16 pm

The lowest elevation fresh water lake in the world, the Sea of Galilee, is DRYING UP by AGelbert
June 24, 2019, 02:20:05 pm

Global Warming is WITH US by AGelbert
June 24, 2019, 12:09:49 am

The Big Picture of Renewable Energy Growth by AGelbert
June 23, 2019, 06:28:48 pm

U.S. History & Politics, Climate Change, Trump Impeachment & Standing Rock: CONTEXT by AGelbert
June 23, 2019, 05:11:37 pm

Fossil Fuel Profits Getting Eaten Alive by Renewable Energy! by AGelbert
June 23, 2019, 04:03:37 pm

Profiles in Courage by AGelbert
June 23, 2019, 01:06:59 pm