LET'S MAKE A LITTLE WAGER

by You Know 536 Replies latest jw friends

  • Utopian Reformist
    Utopian Reformist

    First of all, "YOU KNOW" is forgetting that the markets were already over inflated from technology bubbles which were going to collapse-some instantly and some gradually.

    Now, the gradual trend has been a decline. But, it is EXPECTED as the markets adjust and return to their normal operating indices.

    The very same airline stocks which are now plummeting, will eventually result in mergers and acquisitions later, when solvent players act. Also, while BOEING is declining, it will later enjoy a repsectable increase when wartime production begins and defense spending increases tenfold.

  • TR
    TR

    YK's LSD soaked brain thrives on the sick and twisted ideas of world disaster. He believes that his grotesque rhetoric will earn him a position of glory in the afterlife.

    "Let's Make A Little Wager" is the title of the topic he started, but once a disaster like thousands getting killed happens, he claims victory, and his bet is off. What a sick fuck.

    TR

    The only thing necessary for the triumph of evil is for good men to do nothing.
    —Edmund Burke

  • dubla
    dubla
    But I forget YK has now determined that the market has nothing to do with the economy. My bad ...

    exactly, its just a "side-show" that he has "no interest in".

  • AlanF
    AlanF

    Excellent work, jdubla!

    It goes without saying that your efforts are wasted on this waste of human flesh that, with supreme irony, calls itself,You Know. But the back-and-forth is instructive to potentially thinking people who might still feel that self-proclaimed prophets may have something useful to say. Every such prophet who has ever predicted anything solid enough to test has failed. You Know is merely repeating the blatherings of the latest series of Adventist-style lunatics that began around 1820. One would think they'd run out of steam, but lunacy knows no bounds.

    AlanF

  • Utopian Reformist
    Utopian Reformist

    Alan:

    Did you know now that you've posted "666" times, that identifies you as the "antichrist"?

  • MrMoe
    MrMoe

    I said to myself a while back that by the end of the year the US would be in a tough money state with high-tech fly-by-night companies going down the tubes.

    Now this sicko is gloating over dead people with the I-was-right-and-you-were-wrong BS. Who's up for a hangin'?

  • hillary_step
    hillary_step

    Hello,

    There are two options that can be exercised with regard to Robert, our amateur prophet/professional not-for profit.

    One is to feed his gleaming machinery by taking him seriously, the other is to enjoy him for the rather interesting eccentric that he is. Dickens would have feasted on his peculiarities and perhaps turned him into another Uncle Pumblechook, developing the character of a cuddly little fellow with psychedelic eye-patch and rosy cheeks but this time with a propensity to lurk in alleyways, strangling serial killers and feeding on their ears.

    I for one would be pleased to have him dancing on my grave, if only to kick away the leaves and give me the attention that I craved in my conscious life, but never had!

    HS

    …the eye will not see when the heart wishes it to be blind… Seneca

  • You Know
    You Know

    JDUBULA:

    You are for the most part cluless about how the financial system works. Take for example the LTCM crash of 1998: It had absolutely nothing to do with the stock market and yet its collapse nearly brought down the whole financial system. Presently, the whole stock market represents about 10 trillion $$$ of captial, although over a half trillion was lost on Monday, yet, that is just a small fraction of the total amount of speculative positions. One bank, Chase-Morgan for instance, has notational derivative obligations more than twice the value of the entire stock market---OVER 20 TRILLION DOLLARS!!! It only takes one misplaced bet on one of these massive positions to wipe out the entire system. That's why the liquidity machines are now winding up full speed so as to help the big banks cover their losses without defaulting. It will not be possible for the simple reason that their ain't enough money in existence. And if they print enough money, then you go into a hyperinflation situation that can ignite in a matter of days and cause prices to rise on a near vertical curve. The system is doomed. They are only trying to buy a little time at this point so as to allow the big players to unload their paper on the suckers. That is a fact that will become horrifyingly apparent in the days and weeks ahead. / You Know

  • Englishman
    Englishman
    that’s why I see a global financial collapse as a necessary precursor to the commencement of the tribulation and the unveiling of Jehovah’s judgments from heaven."

    Come off it, YK, every time you dubs see something going wrong you somehow come to the conclusion that it make you right.

    When things are going well, you holler "Peace and security! The end is nigh!"

    You need, IMO, to just accept that life is difficult - a la M Scott Peck - and leave God out of it.

    Englishman.

    Stay Alive 'Til '75!

  • You Know
    You Know

    The thing is though, I called it BEFORE it went wrong. I think that's what you are having a hard time coming to terms with. LOL / You Know

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