Yay for the bankers? As usual the market has no correlation at all with actual economic fundamentals.
1 ( +3 / -2 )
Indeed they are: the rules at the moment are currency debasement. Any major country that says they aren't doing it are lying. Pity any of us who actually live a prudent life and save money though, as they're trying to inflate us all into oblivion.
2 ( +3 / -1 )
It's only a matter of time until the human infestation (there's no other word for it with 7 billion of us) receives a proper malthusian event. Not sure if this will be it or not, time will tell.
4 ( +5 / -1 )
@thepersoniamnow this one was a richter 6 AND a shindo 6.
Anyone who says "only a 6" is a fruitcake, maybe just trying to sound brave or something. And what the hell is a "lower 4". The shindo scale only rates intermediate levels for 5 and above.
9 ( +9 / -0 )
@some14some, Ahh, not quite. It's an indication that they can't be assumed to pay back any debt they take off any long as they are on such shaky ground financially. All these companies still make great products, they just can't compete at the price levels they ask for in the market as their business models are inefficient and poorly managed financially. Kind of like all of Japan, sadly.
3 ( +4 / -1 )