Saturday, November 22, 2008

When dealing with false money and unprotected expectations, panic rules the hearts of people

The last news I heard on the TV was about a big bank, that is supposed to be going down due to "lost faith of the investors". What I do not understand in this case is - how can a bank with more than 50 billion dollars more than the required reserves be at risk?

In parallel, another similar meaningless statement, sounding like: We predict that in 2008 our increase in profit will be less than the one in 2008. Therefore we are in crisis, so we will fire most of our american employees.

Are all the people lobotomized?

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