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Guest mSparks

What Does "no One Can Be Sure" Really Mean?

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Guest mSparks

OK so what on earth does this 'no one can be sure' line that keeps getting banded around really mean????

Thats like a person saying 'no one can be sure how much credit card debt I have' only a million times worse since these are financial institutions.

I have a few theories:

a) No one wants to say how bad it really is

B) Things have gotten so bad that every mortgage lender has 'done an Enron' and the web is so entwined that when it unravels everyone breaks

c) Something horrible is happening to the financial computer systems (PGP broken??) and everything keeps going down?

Either way it sounds very much like the military 'battlefield shaping' line from the early naughties (which actually meant blowing up civilian houses) to be good. Any ideas?

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OK so what on earth does this 'no one can be sure' line that keeps getting banded around really mean????

Thats like a person saying 'no one can be sure how much credit card debt I have' only a million times worse since these are financial institutions.

I have a few theories:

a) No one wants to say how bad it really is

B) Things have gotten so bad that every mortgage lender has 'done an Enron' and the web is so entwined that when it unravels everyone breaks

c) Something horrible is happening to the financial computer systems (PGP broken??) and everything keeps going down?

Either way it sounds very much like the military 'battlefield shaping' line from the early naughties (which actually meant blowing up civilian houses) to be good. Any ideas?

It basically means, we get paid huge amounts of money for knowing nothing and quite frankly we have not got a clue.

Thats what it means.

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It basically means, we get paid huge amounts of money for knowing nothing and quite frankly we have not got a clue.

Thats what it means.

Ah... but can you be sure?

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Guest mSparks
It basically means, we get paid huge amounts of money for knowing nothing and quite frankly we have not got a clue.

Thats what it means.

So that is option b? - All the mortgage lenders have done an Enron, so now we get to sit back and watch it all unwind?

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You see a lot of bulls on here now saying that. They're not as sure as they were. Even they are conceding a chance of HPC.

Also notice their argument has now moved from "there won't be a nominal fall" to "IF there's a big fall then I/loads of people/the elite will be buying loads of property".

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Well, since it's all based on sentiment the only way to be sure would be to hold a compulsary poll of what everyone thinks about stuff that's going on every few minutes.

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Guest mSparks
Well, since it's all based on sentiment the only way to be sure would be to hold a compulsary poll of what everyone thinks about stuff that's going on every few minutes.

Well, sentiment would be bad enough, but this sounds more like a twisted tangled mess of cross sold products that everyone knows is going to lose money (e.g. NR mortages at 5.9% where 15% or more of the people default making a net loss of 10%). But no ones sure exactly how the web is spun. :o

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Well, sentiment would be bad enough, but this sounds more like a twisted tangled mess of cross sold products that everyone knows is going to lose money (e.g. NR mortages at 5.9% where 15% or more of the people default making a net loss of 10%). But no ones sure exactly how the web is spun. :o
It means that the banks don't know where the ****** their own money is.

And so all the banks and everyone has left is speculation and sentiment...

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