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I never promised anyone any such thing, but if you go to TOD:Canada, the Bear Stearns coverage should shake something awake. We wonder whether the alarm will go off first in Asia, not that it matters much down the line, but I had a talk with a trusted friend today and we agreed it, the trigger that is, might as well be this:
Merrill Lynch taking Bear Stearns to task. These are guys who play golf together, you know, and now they are adversaries?! It wasn't me, teacher, it was the ugly kid in the corner. Private and government, everyone is pointing fingers and talking to lawyers. It wasn't me.....
In the end there's but one problem: people play with other people's money.
By the end of the year we will be swamped in bankruptcies and lawsuits. If Bear Stearns goes, others will follow. There is exactly ZERO reason to believe they won't. And your bank is invested in all of them, and so is your pension fund, and and and.....
Sell your house while you can guys......
Sorry HISF it was Hurin that talked about the Yen carry.
I really appreciate reading you. I perceive your evolution in thinking on these subjects that are discussed here at TOD and believe that most are going through similar changes but are not as able (me) or willing to express them. For that again I thank you.
I value every ones perspective (how else would I know who to hate. I can't just go by what the MSM tells me).
Airdale, if you are present, I hope you can still post on occasion. I look at TOD as just another tool in monitoring WTF is going on in this crazy world. That’s all.
One must use the right tool for the job.
Damn, the dirt keeps slipping through the tines of this stupid rake when I try and hoe a row.
Love ya all, OOPS did I type that out loud?
EDIT - Oh man I just read this and it sounds like I have been tipping the cup too much
Big fat TOD troll found half full bottle of sarconol someone threw out window of car on overpass.