Soros Sees No Bottom For World Financial "Collapse"

Whether it is Soros, Rogers, Paulson....and every other pundit in the media....

They talk one thing....

Their "book"....

And even get to sell "books"....

If one has publicity....why not "sell it " ?

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By the way....has it been mentioned exactly what instruments were utilized by Paulson and Soros....and "how" they were utilized ?

Once this is understood by the public....there just might be some
fast reputational changes....
 
Quote from makloda:

"He said the bankruptcy of Lehman Brothers in September marked a turning point in the functioning of the market system."

A slap in the face of all the free market fanboys that happily explained how letting Lehman fail -- because it would constitute a moral hazard wasting taxpayers' money -- will not lead to a global financial meltdown.
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Saving the Lehman would not have solved this mess, it would have put just a band-aid.
 
Quote from makloda:

Yes you would, as the world gets knocked back into the 1500s, pre-industrialization. Getting on with your life on a farm, couple chickens, a pig and a horse.
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That is purely conjecture on your part. If these idiotic banks would be allowed to fail, sure it would be much worse initially. I will give you that. But in time the banking system would be gutted and new financial entities would arise who were smarter, better for this country, and not idiots. Right now what we are getting is a barely functioning system anyway and there is no incentive to compete with a bank that has government backing. We will have our version of the lost decade if we continue our dicking around.
 
Quote from lolatBushites:

without Soros, Eastern Europe would have devolved into anarchy and the middle ages.

The only people who dislike Soros are the Republican voter base. These are the same imbeciles who think wearing a flag on the lapel is the height of patriotic sophistication. Their opinions have been handily discounted as irrelevant.
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Make no mistake, Soros is a dirty dog. I study him, and think others should too, only to find some sort of insight on how the man thinks. He is purely motivated by self interests. Don't be fooled by his attempts, very public attempts by the way, at philanthropy and altruism. If the man is altruistic, it is only to a very select few.
 
Quote from 4444CJones4444:

Make no mistake, Soros is a dirty dog. I study him, and think others should too, only to find some sort of insight on how the man thinks. He is purely motivated by self interests. Don't be fooled by his attempts, very public attempts by the way, at philanthropy and altruism. If the man is altruistic, it is only to a very select few.
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Any market watchers you do rate highly?

Cheers.
 
Quote from sprstpd:

That is purely conjecture on your part. If these idiotic banks would be allowed to fail, sure it would be much worse initially. I will give you that. But in time the banking system would be gutted and new financial entities would arise who were smarter, better for this country, and not idiots. Right now what we are getting is a barely functioning system anyway and there is no incentive to compete with a bank that has government backing. We will have our version of the lost decade if we continue our dicking around.
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Okay, let's quit dicking around. What you suggest guarantees a depression. The only debatable point is whether we're headed there anyway, no matter how hard we resist it.

If you allow C and BAC to fail, other financial institutions will follow because their assets are tied to these institutions. In other words, C and BAC owe people money. Lots of it. If you put them in bankruptcy, they have zero chance of repaying that debt.

If your view is we are headed to a depression anyway and we should just let them fail and get started on rebuilding the world's economy, I totally respect that. But for god's sake, thinking we can avoid a depression by watching our financial institutions fall like dominoes is asinine.
 
Quote from 4444CJones4444:

Make no mistake, Soros is a dirty dog. I study him, and think others should too, only to find some sort of insight on how the man thinks. He is purely motivated by self interests. Don't be fooled by his attempts, very public attempts by the way, at philanthropy and altruism. If the man is altruistic, it is only to a very select few.
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Soros is not the devil conservatives make him look like but he's quite biased.
His opinions tend to correlate with whatever opinion gets him more influence and power. Take the issue of lehman, most of the financial world is awash in debt, insolvent and some problems are bigger than the governments they are in, yet he wants to lay the blame in Lehman when the market found out about it, even though the market would find out eventually find out anyway. Why?Because its an opinion that allowed him to take shots at the Bush administration helping to elect Obama(notice how frequently he mentions it)

If it wasnt for lehman it would be madoff, US banks, TARP congress nay votes, eastern europe, whatever. The fundamentals were just too horrible to expect people to take risks
 
I love photoshop!

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Quote from 377OHMS:

Ignore listed.
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Aw, you don't agree with him?

Tell everyone else who is reading what is wrong in those statements. Do you consider ignorant hicks with 2 american flags the biggest patriots? What do they even know of the constitution?
 
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