AI
Sunday, July 25, 2010 12:04:16 PM
jpm_sucks, I fully agree. But there is always history:
the higher THEY climb, the harder they FALL.
Over 1000 of years, history has shown this multiple times,entire empires fell etc. It will also happen to banking moguls. Unfortunately with the middle-class's hard earned $$, or revving up the printing machines, compliments of the treasury.
Since our national debt is absolutely horrendous, wait until the new health-care bill is in effect, States broke, I wonder if the Chinese will keep buying our papers and for how long.
Future scenario - tongue in cheek now - we, the US will end up as another province of China
and hopefully I won't live long enough to see this.
As to Mordicais post I also fully agree with his assessment, that JPM is still bleeding red ink and being covered up.
GYS
the higher THEY climb, the harder they FALL.
Over 1000 of years, history has shown this multiple times,entire empires fell etc. It will also happen to banking moguls. Unfortunately with the middle-class's hard earned $$, or revving up the printing machines, compliments of the treasury.
Since our national debt is absolutely horrendous, wait until the new health-care bill is in effect, States broke, I wonder if the Chinese will keep buying our papers and for how long.
Future scenario - tongue in cheek now - we, the US will end up as another province of China
and hopefully I won't live long enough to see this. As to Mordicais post I also fully agree with his assessment, that JPM is still bleeding red ink and being covered up.
GYS
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