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Eye Of The Storm

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And this part:

What makes me very pessimistic in not seeing any leadership or awareness on parts of government on what has to be done, which is deleverage $40-to-$70 trillion," Taleb said

:o:o $70 trillion !!!!! :o:o:o:ph34r::blink:

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Guest sillybear2

I thought the whole concept of black swans was the fact nobody see's them coming ;)

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I thought the whole concept of black swans was the fact nobody see's them coming ;)

I think it is that the participants don't see it coming.

Whilst the turkeys don't see the Xmas axe, the farmer certainly does.

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I work in credit risk and I have been dumbfounded by these pronouncements in the press of green shoots, the same goes for my colleagues. I was having drinks with a broker friend of mine last night and it was quite spooky to see this usually irrepressibly positive bloke looking so depressed and beaten. I wanted to talk shop but he didn't want to spook his Mrs (she's oblivious).

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And this part:

:o:o $70 trillion !!!!! :o:o:o:ph34r::blink:

What ever happenned to Merv from the Mash?

"$70 trill - I shit 'em!!!

Oi BEAN - get that fackin' HP engineer back 'ere sharpish - one of the printers has run out of magenta toner. If 'e tells you to shake it and put it back in again, you tell him I'll facking shake him and feed his fackin' Jacobs into the fuser unit....

CAAAANT"

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he didn't want to spook his Mrs (she's oblivious).

That is a valid point! Two days after the biggest banks nearly went bust, all my ex could go on about was "when are you going to get a mortgage??" the dumb f*cking idiot!

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Guest sillybear2
That is a valid point! Two days after the biggest banks nearly went bust, all my ex could go on about was "when are you going to get a mortgage??" the dumb f*cking idiot!

The government got >10m of them for you, overnight, without even asking :lol:

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I work in credit risk and I have been dumbfounded by these pronouncements in the press of green shoots, the same goes for my colleagues. I was having drinks with a broker friend of mine last night and it was quite spooky to see this usually irrepressibly positive bloke looking so depressed and beaten. I wanted to talk shop but he didn't want to spook his Mrs (she's oblivious).

What would you have said? What do you see happening?

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And this part:

:o:o $70 trillion !!!!! :o:o:o:ph34r::blink:

Bring back the Groat !

Just think of all that deflation as global 'wealth' is eroded back to levels not seen for centuries.

A pound of silver would cost, well, one sterling pound !

Houses would cost a just a few hundred pounds, average earnings a 10 shillings a week and a penny

would buy a slap up meal at Mrs. Greggs Pie Shop.

How quaint and dandy !

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Guest KingCharles1st
And this part:

:o:o $70 trillion !!!!! :o:o:o:ph34r::blink:

The RESET- thank you... ;)

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