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Does anyone actually deny there’s a huge economic crisis though?
The old "either black or white" thing again...
Doomer: The entire economy is about to collapse, followed by the government. Saner: I don't think so, we'll probably hit a recession and take a long time crawling back out. Doomer: SEE? You pollyannas that think everything is just peachy and fine have your heads in the sand! Saner: ???
I was thinking that it would be so obvious that the statement didn't come from him that everybody would understand that it was a joke right away. But maybe I'm overestimating people's intelligence...
nobody believes you. you totally believed it was him.
Losses are often deferred since compensation is tied to performance metric which can be manipulated. When the recession hits, they flush out the losing trades and get bailed out.
The Fed has exited the repo market as of two weeks ago.
I was thinking that it would be so obvious that the statement didn't come from him that everybody would understand that it was a joke right away. But maybe I'm overestimating people's intelligence...
No, you believed you had something that nobody else had because you want to believe it and do not understand what you are talking about. I believe that is what is obvious. None of this behavior is new nor unusual. We see people like you everyday in every walk of life.
Losses are often deferred since compensation is tied to performance metric which can be manipulated. When the recession hits, they flush out the losing trades and get bailed out.
The Fed has exited the repo market as of two weeks ago.
Pay
Wall
Fail
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