Monthly Archives: October 2011

Quote of the week –

“The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending.” … Continue reading

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The best thought on the Euro Bailout Plan: ‘When you are printing money from nothing, you don’t want to tell the world exactly how you’re going to do it, but it doesn’t matter because printing money from nothing is still printing from nothing, all of which goes to benefit those who produce it…”

Good One from http://economicedge.blogspot.com/

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Once you kill off all the investors, all you are left with are traders

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“It is your dissatisfaction with what is that is the source of all your unhappiness”

by Buddha – thats what everyone calls him. Big guy, must stand six-six, shaves his head, belly out to here

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Another voice on the global outlook…provocative

http://www.chomsky.info/articles/20110824.htm

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I won’t believe computers will out-trade humans until they can be taught how embarrassing & costly it is to be wrong

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My definition of AAA Collateral remains 400 oz Gold Bars held preferably in a secure, offshore facility.

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