Sunday, October 12, 2008

Holy shit 20% in one week for the London Stock Exchange. I did try to warn everybody. Absolute greed corrupts absolutely. Just so that everyone is sure the government did not guarantee bank deposits out of the goodness of its heart. It had to!! Otherwise all the money in NZ banks would have been transferred elsewhere. Just remember this is not a liquidity crisis it is an insolvency crisis. Hey I wouldnt mind a government loan for nothing.What a scam this is. Are the taxpayers going to be bailed out. No we will be hunted down mercilessly by the same people who are lent massive sums of taxpayers money. Hey perhaps people might end up being nicer to each other now instead acting like a bunch of Nazis.

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