Monday, November 1, 2010
It has been a while
I am back. Just in time for the meltdown. The finacial meltdown is in full swing kiddies. There is over 1.2 QUADRILLION dollars(the fucking mind boggles) in Mortgage Backed Secutities, Collateral Debt Obligations and Derivitives, these financial instuments are so complicated that the banksters don't even understand how they work. These are held by all the biggest players in the markets. 99% of that is worthless. It is a pyramid that is crushing under it's own weight. I think by the summer of 2011 it will crash. We'll see. Get ready for the biggest financial tsuanmi the world has ever seen. It will crash every market in the world, no immunity. We face a brave new world, hopefully a world without bankers.
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