Australian (ASX) Stock Market Forum

Fingerprints of economic terrorism

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wayneL said:
JULIA,

Do you see the insult implied, nay, explicitly stated by these clowns?
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Wayne, thank you for the invitation to become embroiled in this argument.
I respectfully decline.
It's not the content of the debate on either side with which I have any issue, but rather the language, viz 'morons' and other similarly insulting descriptors.

I'd also suggest - and will wear being thought old fashioned and out of style - that such mockery and derision deters many posters from expressing their opinions for fear of being similarly ridiculed.

It just seems to me that a few people have declared themselves the arbiters of all truth and knowledge. They may well be. But given that many international commentators seem similarly unable to agree on the effect of some of the recent short selling there could be room for doubt on that.
 
And on that note..

compromise.jpg


I will then bow out............. (for now)

giveup.jpg
 
Those who depend on the asset bubble call short selling terrorism. I call it capitalism.

If there was any economic terrorism, it was perpetrated by those who foisted a tsunami of artificially cheap credit upon the world.
 
lol that's gold TH:D

Maybe the terrorists were involved in this economic meltdown by putting sleeper cells in these Wall St firms and systematically destroying the world economy by devising these creative financial engineering schemes.

And imagine how much money they would have raked in with all the outrageous bonuses they would have got paid for doing it. Would've built a nice warchest for themselves.

<tongue firmly in cheek>:D

In all seriousness though, the terrorists must be sitting back and laughing at the Western world destroying itself through greed & stupidity.
 
There are people out to manipulate the system and cause panic. Take George Soros' actions back during the Asian financial crisis, and his attempt to break the British pound.

He is still very active today, making over two billion for himself last year.

It would be interesting to know what he is up to at the moment.
 
Maybe the terrorists have implanted a stupidity chromosome in financial journalists.


I was wondering how long it would take America to figure out a way to justify bombing somebody. (America's solution to any problem).
 
Julia said:
Wayne, thank you for the invitation to become embroiled in this argument.
I respectfully decline.
It's not the content of the debate on either side with which I have any issue, but rather the language, viz 'morons' and other similarly insulting descriptors.

I'd also suggest - and will wear being thought old fashioned and out of style - that such mockery and derision deters many posters from expressing their opinions for fear of being similarly ridiculed.

It just seems to me that a few people have declared themselves the arbiters of all truth and knowledge. They may well be. But given that many international commentators seem similarly unable to agree on the effect of some of the recent short selling there could be room for doubt on that.
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Julia, that's fine.

So long as there is recognition that aspersions have been cast from both sides of the debate.
 
wayneL said:
Julia, that's fine.

So long as there is recognition that aspersions have been cast from both sides of the debate.
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Yep. No doubt about that. And undoubtedly some contributors have taken up their positions as a sport or, umm, mental exercise.
I'll not let go of my plea for less abusive language, though. Here endeth my contribution.
 
wayneL said:
I knew you would mention insurance. :banghead::banghead:

Point one - Car insurance is a put option, which is available to stock investors as well. So if you're holding shyte, I suggest buying insurance.

Point two - The insurance won't pay for the motor you blew up, just the accident damage.

Point three - Once again, raiders cannot damage the value of a sound company FULL STOP. Raiders can only take advantage of value destruction perpetrated by the company themselves.

Point four - Once again, the stock market does not exist for anyone's benefit as you seem to believe. It exists solely for the exchange of equities at an agreed price, that's it. If it's less than you paid, tough cheddar. If you think that's unfair, tough. That's just the way it is, the same as any market whether property, bananas, baseball cards, or rail cars of wheat.

It is not good or bad, it is just capitalism, no matter what socialism is attempted to be inflicted upon it.

Nokia,

Yes, I will ask which companies, otherwise I think we can safely ignore you.
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Car insurance is a legal requirement. No options, you could say.
Hopefully the car damage will be so extensive the lack of oil would not be able to be identified as a factor.
Raiders are like wood lice, they take time to infect and then gradually finish off their victim.
Quite right, the stock exchange is principally for the exchange of equities. Just like a road is principally for cars and sometimes a few maniacs who I would describe as bear raiders.
 
wayneL said:
I knew you would mention insurance. :banghead::banghead:

Point one - Car insurance is a put option, which is available to stock investors as well. So if you're holding shyte, I suggest buying insurance.

Point two - The insurance won't pay for the motor you blew up, just the accident damage.

Point three - Once again, raiders cannot damage the value of a sound company FULL STOP. Raiders can only take advantage of value destruction perpetrated by the company themselves.

Point four - Once again, the stock market does not exist for anyone's benefit as you seem to believe. It exists solely for the exchange of equities at an agreed price, that's it. If it's less than you paid, tough cheddar. If you think that's unfair, tough. That's just the way it is, the same as any market whether property, bananas, baseball cards, or rail cars of wheat.

It is not good or bad, it is just capitalism, no matter what socialism is attempted to be inflicted upon it.

Nokia,

Yes, I will ask which companies, otherwise I think we can safely ignore you.
Click to expand...

Car insurance is a legal requirement. No option, you could say.
Hopefully the car damage will be so extensive the lack of oil would not be able to be identified as a factor. Anyway, it would not be the drivers fault if the oil seal went, you see.
Raiders are like wood lice, they take time to infect and then gradually finish off their victim.
Quite right, the stock exchange is principally for the exchange of equities. Just like a road is principally for cars and sometimes a few maniacs who I would describe as bear raiders.
 
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