So, the banks are dumping the Money market money into the SIV's? that is where that crappy 6% return is comming from? so, to get a break even against the CPI. You get to loan money to people who can't afford it.....
What the hell is going on... I was looking at the fact the S&P isn't even outperforming the Euro, meaning that the S&P at it's highs flat with inflation.... It's like there is no where to put money where it's safe.... let alone get a slight return....
It's like we are throwing our money away...
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Tuesday, November 13, 2007
Are You Kidding me?
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