........for a long, long time. at best, a long drawn out recession. Worst? Depression. But maybe this is some sort of catharsis where law and order have a place, and honest people can trade and invest without an arrogant uber klasse taunting everyone else. Maybe.
where law and order have a place -------------------- Do you think this credit crisis is a result of breaking the laws? If the street is full of thiefs who has the money? Osama bun laden?
Invest in WHAT moron ? Capitalism is what makes markets go UP. Your ignorance to the basic economic cycle is out right scary. Do you think anyone wants to invest in something that will never work like socialism? If I where you I would move to Denmark, you will be much happier there.
ya what i was going to say, you know they have this imaginary friend that talks to them; god and now this imaginary enemy; terrorists oh my god, i lost my shoe, fucking terrorists they're now stealing shoes
no the US is not in worse shape, every loser who doesn't have a job and can't even get hired by fucking mcdonald's is going to get hired by the TSA like fucktiger, who sits and talks stupid shit like this with his buddies at the TSA
For my opinion on why SEC banning on all short selling. Because shortselling is normal reaction to probability that the price will go down, and this is good for the market to have short sellers. But many financials have exposure to subprime credit crisis with swaps, and defaults. So the market show these financials price in a down trend, and short sellers see this, and react. But SEC know how the derivatives market is imploding, and they want to slow it down...so they ban all short selling so to buy time. And next step is bailout. Ban on shortselling could be to slow down and buy time.