last chance to get out..., page-12

well, i guess the low risk premium of last 7 to 8 years was due to cheap credit available around and due to alan greenspan's fault(how funny i recall when he retired,every one all cheers for him that he's the one who help economic boom-me too which i was not yet into finance area but just media follower)

i really wish you r wrong with this one and i bet you probably wish you r wrong as well coz i cant wait for another generation for things to get green and sunny ! i understand that this is not an inventory recession but a structural one and because of the cheap credit in the past there r many business probably incompetent to operate but still live on cheap credits and create the mass excessive supply and waste.. and now this economic crisis just have to see them wind down to the equilibrium level then might start again. i really wish it wont take whole generation, i m hoping technology and energy revolution might change the whole thing and move the earth again ! its quote funny that when i was little boy i dream about a day when robots walk the earth or may be star war fans to have gigantic ships flying, but realistically there are just not enough metals on earth to make those sci-fi come true(alright side track again)

i m not too sure about the CER case, read about some thing about banks r in effective owns them so i stop research , as for MOF , i just dont like macquire as they r rip off of mgm fees etc so i m pretty glad they r learning some lessons here and hopefully took their ego off. to be honest if the short selling of financial stock wasnt ban, you never know if MQG will be like BNB