is the recession orchestrated

Discussion in 'Economics' started by morganist, Sep 24, 2008.

  1. Is it a coincidence that Greenspoo was a student of financial bubbless..
    and Bernanke is a student of "the Great Depression"?

    I don't think so, Lucy...
     
    #21     Sep 24, 2008
  2. I am a fulltime trader and lifetime student of history........you will notice in history that human beings manipulating and causing destruction to other human beings is nothing new (the ways of destruction have just become more deceptive and sophisticated these days).

    Nothing in what has happened to the U.S. economy or our financial system was a suprise to me (Accumulated precious metals for 4 years, LONG oil late Feb 07, heavy short ES and long term funds by late Nov 2007, etc). Following global wealth entities destructive moves is almost a sure bet imo.
     
    #22     Sep 24, 2008
  3. ssss

    ssss

    ########################

    No any doubt ...

    In 2005 Greenspan orhestrated low rate to support economy ,

    But bank's was not interessed to invest in normal business
    with normal profit ,they invested in old as world junk ideja -
    subprime rate with expectation of simple big profit.

    More of them time from time "new visionar" as Milken
    provide "scientific evidence" that business with
    junk bond have risk equal or lower to normal business


    They pumped marked in 6 month of 2005-2006 (sep- april)
    DIA some 22%

    Share price high growth - more interess by broad public,
    more volume ,more clients -more bonus

    Motiv is only one and old as world -Greedy

    Most of IB have Harward MBA ,some of greedy fund's as LTCM
    nobel price winner in economy .

    But motiv is decisive -Greedy
    *********************

    Greenspan ,Paulson ,Grinberg & are jews
    Goldman Sachs and Lehman are jews banks

    UBS -swiss ,Merril Lynch catholic , Morgans Stanley - wasp with
    libanese CEO

    Different nation's ,different religion's but have together
    only one kind of motiv's -to be greedy
     
    #23     Sep 24, 2008
  4. ssss,

    no doubt that corruption and greed is at the heart of the crisis.
     
    #24     Sep 24, 2008
  5. ssss

    ssss

    ###################################

    Which kind of ?

    Harward MBA ? It is package of plagiat from Aristotel
    (Lokk ,Adam Smit and all another related to Aristotel)


    But decisive are motive ...
    all another are only instrument
    #################################

    To be greedy .
     
    #25     Sep 24, 2008
  6. ken__0

    ken__0

    No secret this was all setup in 1913.
    The only constant thing in this whole mess is greed and no accountability.
    A loaf of bread should cost now as it did 5,10,15 years ago.
    or just stay cool and go with the flow

    :D
     
    #26     Sep 24, 2008
  7. It is folly to try and reason about this whole crisis and its history using Occam's razor.

    Sure, you can find some sequences of wrongdoing, but the meltdown as a whole is not possible to understand using reductionism.

    You have to look at the situation, those involved, proposals and outcomes/benefits/loss. There will be a transference of resources - and ultimately there are "winners" to the rescue plan. There is greed in that. No doubt, corruption too.
     
    #27     Sep 24, 2008
  8. Agree with most of you regarding manipulation...

    BUT - something happened out of plan.

    Suspect it was Putin's invasion of Georgia.

    This caused a policy decision to deflate oil even if it would implode finance entities (or decision wasn't thought through).

    And this caused the mess we are in now. I simply can't believe GS allowing itself to become a bank holding company. Can't believe it. Something went wrong.

    Perhaps a chance to take things back?
     
    #28     Sep 24, 2008
  9. This is just too funny.......... http://news.yahoo.com/s/ap/20080924/ap_on_el_pr/palin

    Pumpin FEAR a little bit late in the game....LOL!!!
     
    #29     Sep 24, 2008
  10. ssss

    ssss

     
    #30     Sep 24, 2008