David Einhorn:Total currency collapse imminent

Quote from riskfreetrading:

Bullshit. I would the opposite of what he says, and never what he says. He must be cornered in his position, and wants to offload. Time will shows us his shit.

Uh, no. Einhorn probably has risked like 2 or 3 basis points of his firm's capital on these options. They're stuck in a drawer somewhere, and if he's right, he'll pull 'em out and cash 'em in. If not, he's lost a couple of percent.
 
Quote from number22:

Mountains of debts and aging population will put the end of greatness of US. Tax can't go lower, interest rate will eventually go higher. It is gonna be tough for people to support this system in the future, I am surprised most people are remain pretty calm at current stage. :D

I haven't been calm since the day I realized how big the subprime mess really was.. and that it was just the tip of the iceberg.. calm, that's for losers, you know, the people without the facial tics....
 
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