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- Sossos commented Mar 10, 2016
I'm trying hard not to think of all highly educated economists as blithering idiots, but this guy keeps showing up and does one stupid thing after another. The question is, where to if this doesn't work? (like the previous numerous attempts). ...
- Sossos commented Sep 10, 2015
He's worried that it MIGHT fail. What does he call the last 30 years?
- Sossos commented Jul 2, 2015
What? Bankers being greedy and dishonest? Funny thing is you don't see any in the prison system or even being tried. They got the best gig going. It's enough to make the Mafia jealous.
- Sossos commented Jul 2, 2015
The banker offers Greece (it could be anybody) unlimited amounts of money. Greece takes all it can get it's hands on. ( Does this sound like our housing a decade ago.) And lo and behold it's Greece's fault that the IMF gave them enough rope to hang ...
- Sossos commented Mar 1, 2015
No shit Sherlock!!!
- Sossos commented Feb 20, 2015
Excuses are like assholes. Everybody has one and they all stink!!!! The least the Greeks and Euro leaders could do is come up with something beyond the 3rd grade.
- Sossos commented Jan 16, 2015
And you can't get anymore out than the 30%? If the class action suit against U.S. bank rules in the customers favor are you left out after accepting the offer? JP Morgan settled and futures just received another 7% along with the previous 37%
- Sossos commented Jan 16, 2015
The forex markets are the wild wild west. Not many rules. PFG is a good example. The futures trades have received all or portions of their money back, but the forex customers haven't received one thin dime. In PFG's case the lawsuits have commenced ...
- Sossos commented Nov 17, 2014
Nature has a law. Stupid is supposed to be painful.
- Sossos commented Nov 1, 2014
There is a difference between money and currency. The powers that be are destroying the currency. Currency is tertiary, and currency is a debt. Just add zeros on the currency and it appears that your wealthy if people chose to believe in your ...
- Sossos commented Oct 31, 2014
Shemitah or not. Explain to me how the governments of the world pay back the money they have borrowed? In particular, if interest rates are higher. HOW DO THEY EXIT THIS? We used to have a saying at our business. Stupid is supposed to be painful!!!! ...
- Sossos commented Oct 31, 2014
The BOJ has been fighting this "deflation problem" for 30 years. Proof that what they are doing isn't working is proven by the fact that they have to keep applying the same medicine expecting different results. The bottom lines is this. The powers ...
- Sossos commented Oct 31, 2014
First thing. I'm a retired trucking business owner living in the upper midwest. I'm not Jewish and rarely attend a church. Second. I have seen far too many things in life to deny the existence of a God. Churches on the other hand...... Third. I ...
- Sossos commented Oct 31, 2014
Hi Mike, Sept 11, 2001 was the last day of Shemitah in that cycle. Add 7 years and you get to 2008. Self explainatory. Add 7 years and you arrive at 2015. You can work your way backwards roughly thru the years and you find interesting correlations. ...
- Sossos commented Oct 31, 2014
There is one other item that no one ever mentions. Shemitah
- Sossos commented Oct 31, 2014
In the history of the world there has NEVER been a currency that has lasted for any length of time, EVER. And we some how think that it will work this time. Every country cannot have a cheap currency and each country is into the printing of ...
- Sossos commented Oct 28, 2014
Like at his age, his salary after being so large, actually would matter. The fact that he is still doing it tells you that it can't be too taxing. (over paid) wink wink. Just think what his cut would have been based on a percentage (any) of 200 ...
- Sossos commented Oct 7, 2014
P.S. The central bankers seem to be confusing savings with credit. Funny thing about credit, the lender whats the money back with interest. Does savings have the same impact on the borrower?
- Sossos commented Oct 7, 2014
The original problem in the U.S.A. was they were lending money to people who, the lenders had no business lending the money to. Seriously, would YOU lend money to people without verifying income and job. That's one example among many. But it wasn't ...
- Sossos commented Oct 7, 2014
Too much savings? Is that like your booze is too smooth, your vacation was too long or your spouse is too beautiful? Seems like one of those oxymoron's. I have a simple question that no one seems to be asking. If .25% interest isn't getting the ...