Rich Pawning Diamonds, Artwork; Cutting 'Jet' Time - Net Worth Shrinking

Quote from dividend:

Now the ficticious money is disappearing. A key signal: Supermodels and rappers disrespecting the USD in favor of Euros. That is about to change when there are not enough cash to go around.

Somehow it looks like the economic landscape suddenly changed just recently - just in the past 3 weeks. Maybe it was rotting on the inside for so long and just beginning to show cracks on the outside.

ex - same restaraunt i visited about 2 months ago now has no customers on a Saturday (yesterday) late afternoon (4pm).

The alarming part is that employment is still high, esp. after the financial sector/subprime meltdown... So there is a good possbility of much room to go down.


Update:

- Unemployment rises fastest 1 month pace in 22 years
WASHINGTON (AFP) — US unemployment in May unexpectedly surged by the strongest increase in 22 years, Labor Department data showed Friday, raising warning ...

- USD rises fastest in 1 wk since 2005
June 14 (Bloomberg) -- The dollar rose the most against the euro since 2005 as Federal Reserve Chairman Ben S. Bernanke said economic risks have faded,
 
Quote from JamesVU2000:

I have zero sympathy for these people. Life will go on.

I do have sympathy for the silent victims are getting killed by gas and food prices to bail out these POS.

=

agreed...

a little help for the little guys please....


this is what America was all about in the first place!
 
Quote from JamesVU2000:

I have zero sympathy for these people. Life will go on.

I do have sympathy for the silent victims are getting killed by gas and food prices to bail out these POS.

Thats pretty spot on.
 
Quote from olias:

"...you better take your diamond ring...you better pawn it Babe..."

Time to put on some Dylan

Have not listened to Dylan in so, so long. Great tune. All great songs are timeless.
 
I can only see the ones worried about losing their jobs/positions. Like any worker, regardless of what your job pays, if things don't look good and you might lose it, you'd be worried too.

The rest of that bs spewed in that article...those people if it really applies are pathetic.
 
I find it interesting that people here who want to be traders have such dislike of wealth and the wealthy. Maybe that explains part of the reason some people have so much problem finding success in the market in the first place is that on some level they don't want to belong to a class of people (the wealthy) that they resent.
 
Quote from Brandonf:

I find it interesting that people here who want to be traders have such dislike of wealth and the wealthy. Maybe that explains part of the reason some people have so much problem finding success in the market in the first place is that on some level they don't want to belong to a class of people (the wealthy) that they resent.

well stated brandon. the failures, haters and complainers on this board far outnumber the real thing. many of these guys have just been beat down so much, they lash out at success in any form. perfect candidates for phony politicians to manipulate.

sad very sad.

HLJ
 
Quote from Brandonf:

I find it interesting that people here who want to be traders have such dislike of wealth and the wealthy. Maybe that explains part of the reason some people have so much problem finding success in the market in the first place is that on some level they don't want to belong to a class of people (the wealthy) that they resent.

ABSOFRICKINLUTELY! To be a successful trader, you need an attitude of "I'm going to make it on my own, I'm hopefully going to make it BIG, and I resent the Gummint for confiscating my efforts to give to others".

Those traders who cry poor, support overtaxing of the rich and socialists... are posers and shouldn't waste their time in ANY capitalistic endeavor, let alone trading.
 
Quote from Brandonf:

I find it interesting that people here who want to be traders have such dislike of wealth and the wealthy. Maybe that explains part of the reason some people have so much problem finding success in the market in the first place is that on some level they don't want to belong to a class of people (the wealthy) that they resent.

There's wealth and then, there is greed,

Two totally different things.

As I've recently posted in another thread.

It's time to take responsibility for what we have done to ourselves and the world.

:cool:
 
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