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bomart2

01/13/10 7:53 AM

#289080 RE: Chas56789 #289075

AND ANOTHER THOUGHT.THE MISSING MONIES COULD BE THE STIMULUS PACKAGE

that'll give em something to pick on. Byebye birdies..............
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SteveF

01/13/10 9:22 AM

#289087 RE: Chas56789 #289075

SteveF then explain to me the 500 Trilllion plus in off balance sheet derivatives that the bankers are all holding ?

Most of the money in existance now is in electronic form as digits.

So the 3.8 trillion dollars for CMKXers and others is very plausible !

JMHO
Chas56789


When I read you guys I can't get this image out of my head:

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jimmym4

01/13/10 9:41 AM

#289088 RE: Chas56789 #289075

Chas what most people don't get is

Most money today is a book ENTRY in your 401K, Checking acct,
Money market fund, savings acct..Get it?? sorta like naked shorting huh??

I have one very scary question for all

What do you think would happen if JUST 5 % of the folks in the USA went to withdraw all their funds all at once????

Answer

BANK RUN
IMO
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CHUNKY44

01/13/10 10:44 AM

#289100 RE: Chas56789 #289075

So the 3.8 trillion dollars for CMKXers and others is very plausible !

The conversation was about cash, dope. And, I'd rather pick my nose with a grappling hook than try to explain to you that the 500 trillion in derivatives offset themselves for the most part.

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janice shell

01/13/10 4:17 PM

#289135 RE: Chas56789 #289075

So the 3.8 trillion dollars for CMKXers and others is very plausible !

And why would that be? Should everyone who's ever been scammed by a penny con artist be handed a few hundred billion?

Not in this universe, Chas.