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March 9th, 2010 at 4:04 pm
OK… Who wants to put the bets down? I bet the whole thing comes unglued by the end of April. In-fact lets start our own derivatives betting system ( off-the books of course). Only condition is I don’t accept funny money. I bet gold and silver only.
March 9th, 2010 at 4:04 pm
You and others on, for exempel, Youtube understands the problem we have now. But what strikes me is that nobody is discussing if a capitalistic money system, like we have today, is the best solution. I think its not! Money just make competition between countrys, and between companys in every country. That’s not leading to a technical fast boom. If we lived globaly as ONE, we would all benefit of the fast technical creations! This is the answer. But we humans are stack with the Capitalism…
March 9th, 2010 at 4:04 pm
Thank you Warren. This is what I need to hear.
March 9th, 2010 at 4:04 pm
Very good presentation. 5 stars.
March 9th, 2010 at 4:04 pm
thanks for this!
March 9th, 2010 at 4:04 pm
no you probably have a conscious, they are all crooks plain and simple. nobody wants to actually work for a living any more????
March 9th, 2010 at 4:04 pm
Thanks for sharing, Warren. However, the burning question I have is how all these high-level professional finance/trading heads are hilt-deep in gaming government action while ignoring the US’s gross structural issues. I’m genuinely perplexed as to how so many intelligent market professionals assume they will be able to hit the exits when, at the same time, they acknowledge a majority of market participants also share this assumption.
How is there such a cognitive dissonance??
March 9th, 2010 at 4:04 pm
Or better yet, the capacity to fulfill basic human needs such as food.
March 9th, 2010 at 4:04 pm
Cash and some PM’s (which you should have anyway, independent of current lofty price)..
March 9th, 2010 at 4:04 pm
i figured they were my brother?…any comment on youtubes new layout?
March 9th, 2010 at 4:04 pm
Warren, from the basic gist then, would you say “Cash is still King” and do not invest in the markets if you are not already in? Or get out of the markets now? What do you see for metals, oil, financials this year? Won’t hold you to anything.
March 9th, 2010 at 4:04 pm
they are cooperating to rig, as opposed to cooperating to find the most desirable result; the first guy out loses the least; as everyone else loses everything.
March 9th, 2010 at 4:04 pm
“end game” they have no idea.. they are literally working on a day to day basis. We talked about the “great end,” this time the people on the other side of the conversation did not discount the possibility entirely.
March 9th, 2010 at 4:04 pm
i met a guy today who labels himself as a ‘professional’ loan shark. this guy doesn’t have a dime to his name yet lives like a multimillionaire. he and his so-called investors take out large lines of credit, turn the credit to cash and lend that cash, at a ridiculously high interest rate to those who need fast cash. Either I’m not smart enough or stupid enough to try this but making a living this way seems to be like living in an episode of the twilight zone.
March 9th, 2010 at 4:04 pm
they are aware….
March 9th, 2010 at 4:04 pm
thanks for the video and crucial insights edward. for me its very enlightening to know that as we suspect, people higher up the food chain are very aware of what is going on.
wonder how long it can go on for, its gonna end badly.
of of curiosity, are any of these ‘high up’ people aware that you have a youtube channel and speak on these issues so extensively?
March 9th, 2010 at 4:04 pm
Your videos literally give me the chills, Warren. You’re not saying anything I haven’t heard or thought of before; it’s just that hearing someone else agree with what I’ve been thinking some how leaves me feeling rattled…
March 9th, 2010 at 4:04 pm
@zoticus1 Eliot Spitzer has come out of hiding and has been giving some great speeches on these topics. Look at the Fora TV YT channel if you’re interested in seeing him speak…
March 9th, 2010 at 4:04 pm
hey, very enlightening video, thank you .
next time you have occasion to talk to your friends, would you ask them what the “End Game” is going to be? What do they think is going to be the last act of this play? that would really be interesting to hear about.
March 9th, 2010 at 4:04 pm
if they cannot sacrifice themselves, then they will be sacrificed.
it is already obvious that they have lost control and are walking dead…the real zombies. in denial are not the sheep, but the sheep herder that cannot see that they are surrounded by an army of freedom loving americans willing to die for a cause…are they willing to die for their derivatives?
a poor man will die for a cause, the rich man has no reason to die…what a shame to witness; they’re drowning in their shallow souls.
March 9th, 2010 at 4:04 pm
Sounds about right. Thanks.
March 9th, 2010 at 4:04 pm
Thanks Warren
March 9th, 2010 at 4:04 pm
Wow…and what was the consensus as to whether this non-existent plan was working (or how long it would work)?
March 9th, 2010 at 4:04 pm
great info. Govt claims improvements abound while the swheels come off the buss.
March 9th, 2010 at 4:04 pm
Warren have you given any thought about a segment on the Nash Equilibrium gaming theory? It appears that the current stock mark is now prisoner to the banking oligarchs were the key players know each others strategies and profit by it. However, if one should break ranks systematic risk would increase dramatically and the market could collapse as the other key players must respond. I believe this was the cause with oil market in 2008.