– It Did Get Scarier (ZeroHedge, Oct 13, 2014):
On Friday we said “it doesn’t get any scarier than this.” We were wrong: it did.
The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
– It Did Get Scarier (ZeroHedge, Oct 13, 2014):
On Friday we said “it doesn’t get any scarier than this.” We were wrong: it did.
85-90% of all transactions are high frequency skim and sell transactions.
Only 10-15% are real investors, and they are sitting quietly on the sidelines.
Between 1929-1933, the US market lost 90% of its value.
In light of the types of transactions that now dominate the entire market, a trillion dollar loss is a drop in the bucket…………all transactions are sales, nobody keeps any of it. Skim and sell, the key is sell.
Greed is always fear based…….
Article from Bloomberg re: TBTF banks facing problems. If they are admitting to hundreds of millions, it is more likely hundreds of trillions…….
http://www.bloomberg.com/news/2014-10-13/too-big-fail-banks-seen-facing-capital-gap-of-up-to-870-billion.html