Monday, February 11, 2008

PEAK FOR OIL...NOT FOR GOLD...?

CHOOSE YOUR BUBBLE...? OR WILL THE CURRENCY COLLAPSE SOLVE THE PROBLEM OF THE NEXT BUBBLE FOR US...

THE NOTION OF ENDLESS BUBBLES IS A BET FAR FETCHED...

AT SOME POINT THE SYSTEM COLLAPSES...AND THE GROW-UPS ARE CALLED IN TO CLEAN UP THE MESS...

THAT IS THE REAL PROBLEM WITH THE DOOMSDAY SCENARIOS....

THE ELITES ARE EVENTUALLY PUSHED ASIDE...SOME ARE JAILED...OTHERS ARE SIMPLY DISCREDITED.... THEN, A RECOVERY PHASE KICKS IN...AND ALL THE BUBBLE BULLSHIT TALK GOES TO THE USED BOOKSTORES FOR THE AMUSMENT OF FUTURE GENERATIONS....

GO TO A GOOD USED BOOKSTORE...IN THE "MARKETS AND FINANCE" SECTION YOU'LL LIKELY FIND BOOKS FROM THE LATE 60'S AND MOST OF THE 70'S ABOUT THE DISASTER THAT IS WALL STREET...

PRIOR TO THAT...? THE 30'S BOOKS ARE OUT THERE BUT THEY ARE GETTING HARDER TO FIND...

BECAUSE YOU SEE...NONE OF THIS IS REALLY NEW...WE'VE BEEN HERE BEFORE... MANY TIMES!!

DIFFERENT NAMES...DIFFERENT BULLSHIT...

BUT IT'S ALL THE SAME OLD CRAP FROM WALL STREET AS IT'S ALWAYS BEEN...

IN FACT A HUGE BOOK COULD BE WRITTEN JUST ON "REAL ESTATE BUBBLES" ALONE!!

WHY DO YOU THINK "GRAMPS" HATED THE BANKS AND THE BROKERS...

HE KNEW... HE KNEW...

WE'RE JUST LEARNING... BUT HE KNEW...

WE ARE VERY EPHEMERAL CREATURES ....AND OUR MEMORIES ARE VERY SHORT...

ESPECIALLY FOR THE "NON-READERS" WHO ARE THE VAST MAJORITY....