DislikedWe're actually entering a very dangerous time, at least pertaining the financial world as we know it.
This is a time when global perception will be the fulcrum of the fundamental system and will be critical going forward.
What i'm trying to say is, money is a form of unit measurement, measuring value. And when that system of measuring value is out-of-whack or unfair, a huge reset to the equilibrium could follow.
I just hope stability is maintained.Ignored
- #616,362
- Mar 27, 2012 1:49pm Mar 27, 2012 1:49pm
- | Joined Mar 2009 | Status: Independent Trader | 662 Posts
Yeah,
this is why we're having all of these interesting discussions... because honestly, the price action has been lackluster, thereby letting our minds wander.
In other words, there's nothing to trade, so we're just engaging in intelligent banter for now.
this is why we're having all of these interesting discussions... because honestly, the price action has been lackluster, thereby letting our minds wander.
In other words, there's nothing to trade, so we're just engaging in intelligent banter for now.
Learn to see what's there, not what you want to see.
- #616,364
- Mar 27, 2012 1:51pm Mar 27, 2012 1:51pm
See what I mean? Lol
Technically we've got 1 more hour till ny closes, 2 more if you stretch it to 5pm close of daily candle. Unless we have some sort of miracle, it's safe to assume we go flat for the rest of the day.
- #616,367
- Mar 27, 2012 1:54pm Mar 27, 2012 1:54pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
- #616,376
- Edited 2:17pm Mar 27, 2012 2:06pm | Edited 2:17pm
- Joined Oct 2008 | Status: CANCELLED MEMBERSHIP | 3,116 Posts
Yeah,
okay so $14 Trillion. The point still stands. How is it going to be paid back?
The true danger with this scenario is that, once people around the globe figure out these crazy numbers, credibility in investing in U.S. debt is highly suspect and damaged. If that's gone, then that could be catastrophic.
That's why i said, at this point in time, perception can be very dangerous.
So While your point is valid about perception, may I suggest perseverance
- #616,377
- Mar 27, 2012 2:07pm Mar 27, 2012 2:07pm
- | Joined Sep 2009 | Status: Unusual trader | 1,061 Posts
- #616,378
- Edited 2:10pm Mar 27, 2012 2:08pm | Edited 2:10pm
- | Joined Mar 2009 | Status: Independent Trader | 662 Posts
@TraderBoyFF: Youre point is valid, " Whatever the mind percieves, if not chnaged because a reality " However, in the short term thats our lifetime, we may not live to see the better days, but a country founded upon 232 years of independence doesnt just up and fold overnight. Its bad, where the situation is, but its not irreversible.
So While your point is valid about perception, my I suggest perseverance
But just looking at the current fundamentals right now paints that kind of realistic picture.
I do hope for perseverance and prosperity though, don't get me wrong.
Edit: It's just that i think we should find some real solutions instead of slowly kicking the can down the road.
Learn to see what's there, not what you want to see.
Yeah,
okay so $14 Trillion. The point still stands. How is it going to be paid back?
The true danger with this scenario is that, once people around the globe figure out these crazy numbers, credibility in investing in U.S. debt is highly suspect and damaged. If that's gone, then that could be catastrophic.
That's why i said, at this point in time, perception can be very dangerous.
Everything is fine as long as we all hold hands and tell ourselves that everything is well with the world, like in any good ponzi scheme. 
Of course the only danger comes from all those people claiming to see something called "reality". We must do something to them before "they" ruin everything.
