The coming financial crisis

[ice grillin you]

this is insane

http://www.bloombergview.com/articles/2014-11-14/guess-how-much-money-bill-gross-made-last-year

[Rome]

Insane isn't the right word.

Nauseating would do, though.

[Diomedes]

It's dangerous for society.  No one earns that kind of money.  Some get it, legally, because our system lets them, but can't we just be honest and call it what it is:  graft.

The natural conclusion of this trend is guys like Gross having their heads chopped off...and then more and less justifiable murders to follow.

[Seabiscuit36]

T Minus 4 minutes till explosion

[smeags]

BOOM

[rjs246]

Oh artificially inflated stock prices are taking a long-overdue hit? Yawn. We're down like 15% from the market top, right? Big whoop.

[Seabiscuit36]

The start was entertaining to say the least, shades of '08.  The clawing back though seems completely artificial, it'll be interesting to see what happens at close.

[rjs246]

Agreed. Looks very much like a dead cat bounce. I think there are more losses to come, but as the best performing economy in the developed world, the long-term implications of this are minimal and 9-5 suckers like me with 20 years left til cash-out time can use it as a buying opportunity.

[smeags]

exactly, unless you have one foot in the grave like rome, this is an awesome time to buy, buy, buy.

[Rome]

Put the, uh, Duke brothers' seats on the exchange up for sale at once. Seize all assets of Duke & Duke Commodities Brokers, as well as all personal holdings of Randolph and Mortimer Duke.

[smeags]

awesome reference. now I need to watch that movie.

[Butchers Bill]

Look out below bitches. Brexit is happening.

[PhillyPhreak54]

They had to know the financial and economical trade ramifications but yet this is still gonna go down. I don't get it.

[General_Failure]

They had to know the financial and economical trade ramifications but yet this is still gonna go down. I don't get it.

Sometimes you gotta burn it all down to keep those sand stillupfronts from moving in and taking it.

[PhillyPhreak54]

lol is that really a reason?!