Crisis? What Crisis!
Do we have the global financial crisis we all have been fearing for? Well in my opinion not yet and not at all. Yes, in America they have a problem, but that can and will be solved. In Europe? No, we do not have at all.
What is clear, but does not show up in the media, is who gains from this so-called crisis! These are the companies and people that have the power to buy now. They buy at a low; not at a high or increasing value. They benefit from the past few days. Ever thought where the quotation comes from that MAKES a value on a stock exchange? The value of stocks are what they are sold for. So? There must be people that buy, did you realize that? If you sell and you make a loss, your shares are not down in a black hole. No, there is a new owner, causing you to have a loss because there was a buyer in your weak moment (because you thought that you had to sell @PANIC). So these new lucky owners of your shares now already have a shit load of money in the pocket! Why? Because of the past few days; because they already sold your packege again. And at a win, believe me!
You even can ask yourself why the American senate did not approve in the first instance? Force an all time low so that they first can sell or buy and then approve the bill? See how the candidates live and spend money? Where does that come from, that wealth?
No people, crisis? No Crisis! Just a lot of loosers and some very big winners.
Btw did you buy Fortis the past days? No? Well then you are stupid, unless you did not have the money. This was your chance. Those guys are really clever. Also the three governments that bought shares - they even provided the money as a loan- they now own 49%. They are smart. Imagine if the shares only go back to what they were a week ago, we all do not need to pay tax anymore! But probably we will nto hear in the media what really will happen to those shares and real the impact on our household booklet.
Oh YES, Mr. Bos, this was a nice one: ‘if we would have known the things we know now (creative bookkeeping of Fortis?) then we would not have approved Mr. Bos ’would not’ does not exist don’t you know? And ABN AMRO? well the ‘guys’ there for sure already secured their position, believe me.
So people: Buy, buy at Bijenkorf, buy at V&D, buy at the small shop around the corner. If we keep on buying, then there for sure will be no crisis. Oh yes, and buy a house, too
Cheers friends
October 2, 2008 at 12:57 pm |
[...] read more [...]