by You Know 536 Replies latest jw friends
LET'S MAKE A LITTLE WAGER
I posted the conditions of my wager. You are welcome to accept MY wager or not.
Isn't it wrong for Jehovah's witnesses to wager and gamble?
To YK: Even if you were to win this bet, your god would destroy you for wagering! If he didn't at least your Taliban religious leaders would disfellowship you for wagering! LOL!
YOU would like to appear to KNOW-
You are for the most part cluless about how the financial system works.it speaks!.......... for starters yk, ill assume you mean "clueless"..........actually, as much as youd like to make the rest of these posters/readers believe that you have a firm grip on the financial world, and thus can discredit my comments, this is the farthest thing from the truth. if youd like to get into a debate over the u.s. financial system, and how much of it relies on the stock market, perhaps we should start a whole new thread. i wont list my credentials, but suffice it to say finance is my life. im sure you think youre fooling readers into buying into your vast knowledge of finance by using smokescreen words like, "notational derivative obligations" that you no doubt do not even fully understand. in your littel chase-morgan example for instance, lets take the statistics that youve collected (if youve even truly done so) about their amount of derivative obligations, and break it down into specific investments (20 trillion dollars is not in one derivative product), and show how preposterous a statement it would be to say, "It only takes one misplaced bet on one of these massive positions to wipe out the entire system." RIDICULOUS!! are you aware that many derivatives are not even debt related, but actually tied to......drum roll please.......the stock market? yes, some are tied to foreign curency, some are agreements with other banks, other institutions, and some are tied to mutual funds. do you think the market has no effect on the value of the dollar and foreign currency as well? again, RIDICULOUS!! in actuality, for you to say that the stock market is a mere "side-show" to the u.s. financial picture proves unequivocally that it is in fact you who is clueless in these matters. do you not see how transparent you are to all? you fool no one.
thank you for responding to my posts though, in typical yk fashion, not commenting on the obvious fallacies i pointed out in your logic, and once again avoiding all comments on your past performance, or lack there of, in the prediction dept. it must get difficult to bite your tongue, with everyone constantly pointing out your embarrassing record......but then again, what can you really say to defend it?
aa
YOu Know would have you believe that he predicted all this when in fact he did not even come close. Ignore him. In a few months when this is all over he'll pretend he never said it or was "joking"
To the clueless one:
You made my point for me, namely that while many of the side-bet derivatives are tied to the stock markets, other many derivatives, in fact most, are related to currencies and bonds. The example I gave of LTCM proves my point that that the system can be brought down by one misplaced bet. The media tends to focus on the stock market, and most of you assumed that my wager referred to some sort of stock market crash, but my wager actually called for a collapse of the whole financial system and the dollar, or else war. The would of course include a market collapse, but not necessarily precipitated by it or confined to it.
/ You Know
So, a total collapse of the world financial system will happen when?
days? weeks? months?
In a few months when this is all over he'll pretend he never said it or was "joking"
Are you placing a side bet that this is simply going to blow over in a few months? My bet is that when this storm finally subsides apostates will not exist. Any takers? LOL / You Know
So, the great tribulation and Armageddon has begun?
You Know,
November already? No, just joking, good to see you back.
Sorry I can't take you up on the wager offer but I only bet on racehorses. (Alteiro will win.)
But YK, come on. You know we all want to hear your latest slant on the events that tragically happened so close to Brooklyn last week and the consequences for all of us please.
Uncanny
You're such a jerk, Booby, it's unbelievable. The financial system has not collapsed, and there is no war. There will be a few small skirmishes to clean up terrorists. In fact, the nations for the most part are about as united as possible these days. Yet you declare that you've already won your bet. Obviously you have no more knowledge of these things than you do of geology.
AlanF
Alan Fraudbacker:
I didn't say the financial system had collapsed---yet, but it is obviously in a bit of a panic. There is however an official state of declared war. As for your predictions of a little skirmish, that's just your opinion, you don't know the future. But, of course, to one so deluded as yourself, who imagines that water can run uphill, I suppose anything is possible. / You Know
