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Re: PENNIEStoSTACKS post# 58212

Monday, 10/15/2012 6:48:19 PM

Monday, October 15, 2012 6:48:19 PM

Post# of 122343
now, there's a thought....bring back the 21 trillion into a country which has a GDP of only $15 trillion.....BRILLIANT!!! yep, it will "help" alright!!!

unfortunately....

1) the report doesn't specify the type of "assets" hidden....

2) but, most importantly, that's a world wide number....not a US number....

3) if all this "money" is "hidden", how does our brilliant economist who wrote the report know how much there is???

ans: he doesn't,,,,he's making a "guesstimate"....

4) and, lastly.....just as the last comment in the article tossed out a huge number that Goldman handled last year, it's 75% BS because I'm certain an inflated number like that includes derivatives.....

that article is like a piece of financial "sensationalism"....

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