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Re: ZoZoStockWatch post# 62700

Sunday, 11/06/2011 6:09:24 PM

Sunday, November 06, 2011 6:09:24 PM

Post# of 190942
Wow, that's the clearest thinking on this mess I've read yet...

"...The entire global financial system is thus based on the equivalent of a perpetual motion machine: money can be borrowed or leveraged into existence in essentially unlimited quantities, and then deployed in risk-free skimming operations to harvest unlimited wealth.

What does this promise of using leveraged capital to skim risk-free fortunes do to the "real economy" of production and investment in plant and technology? It guts it..."


This board should be required reading for the occupiers!


Solar Stocks #board-11148
Peak Oil #board-6609
Coal #board-2809
Real Estate Bubble #board-7285
Lender Implosion #board-10076
HomeBuilders #board-1680
Your Economy #board-1948
Global Warming #board-11877

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