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Old 11-29-2011, 08:44 PM   #61 (permalink)
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You could say the same about the individual.

Whoa d00d. Whoa
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Old 11-30-2011, 01:29 PM   #62 (permalink)
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Coordinated global c.bank liquidity drive:

Instant view: Coordinated global c.bank liquidity drive | Reuters

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The central banks of the United States, euro zone, Japan, Canada, Britain and Switzerland announced on Wednesday coordinated global action to provide liquidity to the financial system
EURO up 230 pips in just under an hour... I caught some of this move up



I'm shorting it back down now...
Last edited by Peterw; 11-30-2011 at 01:36 PM.
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Old 11-30-2011, 02:00 PM   #63 (permalink)
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Coordinated global c.bank liquidity drive:

Instant view: Coordinated global c.bank liquidity drive | Reuters

EURO up 230 pips in just under an hour... I caught some of this move up



I'm shorting it back down now...
Wow.

Well, of course this was to be expected. The financial system is global, after all, which is to say that the bankers now have all the world's money to play with, so, of course, they'll "come to the rescue".

Still makes me wonder what it's going to take to make it all come crashing down. As far as I'm concerned, it has to.
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Old 11-30-2011, 02:20 PM   #64 (permalink)
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Wow.

Well, of course this was to be expected. The financial system is global, after all, which is to say that the bankers now have all the world's money to play with, so, of course, they'll "come to the rescue".

Still makes me wonder what it's going to take to make it all come crashing down. As far as I'm concerned, it has to.
It seems that they're going to go to extraordinary lengths and do 'whatever it takes' to hold it together. Just for clarity this is central (government) banks all coming together to do this. It paves the way for the US/Japan/UK/Canada/Switzerland to bail out EU countries...
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Old 11-30-2011, 02:57 PM   #65 (permalink)
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It seems that they're going to go to extraordinary lengths and do 'whatever it takes' to hold it together. Just for clarity this is central (government) banks all coming together to do this. It paves the way for the US/Japan/UK/Canada/Switzerland to bail out EU countries...
Yes, the very sad part is that they can't hold it up forever, and their attempts to do so will only make the inevitable crash all the worse.
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Old 11-30-2011, 03:23 PM   #66 (permalink)
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Buddhists have been saying that not one person exists independently of its parts or others or space itself. I was trying to make an unrelated joke. Never mind.
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Old 11-30-2011, 03:26 PM   #67 (permalink)
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It's scary to think how much power these few people possess.
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Old 11-30-2011, 03:31 PM   #68 (permalink)
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Buddhists have been saying that not one person exists independently of its parts or others or space itself. I was trying to make an unrelated joke. Never mind.
Ah. Okay. I thought it might have had something to do with something you might have known about Reefs. Cool.
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Old 11-30-2011, 03:33 PM   #69 (permalink)
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It's scary to think how much power these few people possess.
I used to be scared to death of it, myself, but now I take it with a grain of salt.

I mean, what can anyone really do about it?
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