Earlier quoted context omitted.
I lived trough the fall of the Eastern bloc. It was a time of great opportunity there. I want one now too now when I am at proper age to take advantage of similar effects. There was no need for hiding in mountains.
I assume "take advantage of similar effects" means loot your neighbours?
How Sick Is the Stock Market?
31–40 of 123 posts
Re: How Sick Is the Stock Market?
#32Which is sad. I really want to see the global economy devastated. It will be quite fun.
This isn't the place for trolling. From the guidelines: "Be civil. Don't say things you wouldn't say in a face-to-face conversation. Avoid gratuitous negativity." Expressing joy over the suffering of others isn't civil. Lets not turn this into reddit.
Then watching people do the same mistakes again ...
Re: How Sick Is the Stock Market?
#33Which is sad. I really want to see the global economy devastated. It will be quite fun.
http://www.mayoclinic.org/diseases-conditions/antisocial-per...
Re: How Sick Is the Stock Market?
#34Earlier quoted context omitted.
But why? Because of similar events/conditions? Because the two busts were roughly 6 years apart and it's 7 years since the last?
Because it looks to me like the stock market has a tendency to follow an exponential curve - or at least a high degree polynomial. I also believe that to a certain extent the stock market is bound to the real world and in the real world growth is currently not following an exponential/high degree polynomial curve. The tension between the two is causing an oscillation to develop which overrides the tendency for high d…
Re: How Sick Is the Stock Market?
#35The younger you are, the less it all matters, as the trend over a decade or more will always be "up". (If not we have bigger problems.) So if you don't plan on retiring off your investments in the next 10 years, just enjoy the ride. If you do want your money in the next few years, it shouldn't be in stocks.
That would be an accurate assessment of the situation. We have big problems, getting bigger.
Re: How Sick Is the Stock Market?
#36Earlier quoted context omitted.
I assume "take advantage of similar effects" means loot your neighbours?
There was no looting of the neighbors. There was some racketeering though. It was mostly redistribution of the previously state owned enterprises.
Re: How Sick Is the Stock Market?
#37TLDR: not very sick, just very short-sighted, panicky and greedy.
Re: How Sick Is the Stock Market?
#38Re: How Sick Is the Stock Market?
#39Earlier quoted context omitted.
I assume "take advantage of similar effects" means loot your neighbours?
There was no looting of the neighbors. There was some racketeering though. It was mostly redistribution of the previously state owned enterprises.
Re: How Sick Is the Stock Market?
#40Which is sad. I really want to see the global economy devastated. It will be quite fun.
Hope this is sarcasm. No one really wins from a recession. Sure you may make some money if you go short at the right time, but it's still better to have moderate wealth in a rich world than be among the richest in a poor one.
Source? I'm pretty sure the latter makes you much happier.