can the Financial system be saved from the melt down
Stock Market and the Financial system melt down Why are you surprised that taking place now. We have not seen any thing yet. Caesar said,” with my money, I buy soldiers, with soldier, I steel money “ The stock market is no loner an investment system and is no loner a system to raise capital for expansion and employment any more. The stock market and the financial systems ate an instrument of GAMBLING. Pure and simple. Financial institutions raise money and risk it; investors put money in hoping it goes up, not knowing where the money is invested. Banks are doing the same. Within this practice, the money managers, the bosses, the hedge fund managers and all subordinates are cashing in with big Bonuses. They create these phone Balance sheets, cash flow and net income statement one day to show profits and great earning, cash in big bonuses and then on the second file for bankruptcy. Well, go Figure. The creation of the system of Short selling, option trading etc. all are instrument of G...