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Soros Warns of Market Crash
Money News ^
| 04/15/10
Posted on 04/16/2010 4:59:50 AM PDT by TigerLikesRooster
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To: TigerLikesRooster
Unless we learn the lessons, that markets are inherently unstable and that stability needs to the objective of public policy, we are facing a yet larger bubble. What is comes down to, Mr Soros, is that you can either have markets or you can have public policy but the two are mutually exclusive.
We have added to the leverage by replacing private credit with sovereign credit and increasing national debt by a significant amount.
Keep smothering the fire with regulations and debt and eventually you will have a very stable and very cold pile of ashes. No Risks. No Benefits.
41
posted on
04/16/2010 9:45:20 AM PDT
by
Theophilus
('a dog is smarter than its tail', but if the tail were smarter, then the tail would 'wag the dog'.)
To: mdmathis6
Jesus tazed me with electrified brass knuckles.
Jesus does NOT PLAY.
42
posted on
04/16/2010 9:55:49 AM PDT
by
Lazamataz
("We beat the Soviet Union. Then we became them." -- Lazamataz, 2005)
To: Lazamataz
Must have been quite a punch...or have you been drinking some “spiked” punch with some “tazing juice” added to it?
43
posted on
04/16/2010 11:14:31 AM PDT
by
mdmathis6
(Mike Mathis is my name,opinions are my own,subject to flaming when deserved!)
To: mdmathis6
44
posted on
04/16/2010 11:17:22 AM PDT
by
Lazamataz
("We beat the Soviet Union. Then we became them." -- Lazamataz, 2005)
To: TigerLikesRooster
The puppet master speaks.
To: TigerLikesRooster
Yep.. because he’s going to make sure it happens.
46
posted on
04/16/2010 3:32:36 PM PDT
by
SandRat
(Duty, Honor, Country! What else needs said?)
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