Finance and economics is not difficult to understand. What the fraudsters try and do is make it complicated as to hide the actual fraud. Just like Enron, just like whatâs going on at the banks, just like whatâs going on in the derivatives markets. Itâs plain old fraud and deception, all wound up in tight ball as to not see whatâs in the center..
Small price to pay when you consider the alternative. Why didn't you address my second question? Why do you think the USA Fed is so unique?
Where are your FACTS? Seems to me you're just talking out your ass. Educate me. I don't even know of an economy with a "consumption based" tax system.. Let alone a "Marxist, consumption tax based" economy.. So, where are your examples??
Sure booms and busts in mining towns, don't try and hide the facts in some mentioned book. State the facts or STFU! Now lets here it.
Kazzs007.. Whine and bla, bla.. grow a pair. You've outed yourself as just a "Leftist eater"... and like any other parasite and thief, of no value to anyone. Put me on ignore, then you won't have to listen to my rants.
Speaking of fraud...Oh my FRAUD at Goldman Sachs SHOCKER! http://online.wsj.com/article/SB100...845670844.html?mod=WSJ_hps_LEADNewsCollection
LOL sounds like you've probably lost a lot of money and/or have been missing out on the highly profitable longs. For some reason you have an axe to grind with someone, so I'll let you rant.
??? Pick up an economics textbook sometime. Or a history book. Or any book for that matter... Blame your problems on the Fed for all I care.
Been doing just fine, see I know how the game is played. Just closed all long positions from early April this week. I'm now flat except for a Citi position. I know you don't have a leg to stand on when trying to defend the Fed, so I won't be to rude.
Leftist eater? I don't consider myself a leftist, nor someone who consumes leftists. I simply disagree with ignorant posters who are relentlessly against the big bad Fed. As for putting you on ignore, I choose not to. I need a good laugh every once in a while.