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Home Life and Style Money Market forces produce a black hole

Market forces produce a black hole

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After thrashing markets to a bleeding pulp,
"free" market principles developed a taste
for the warm blood of raw capital.


It is a terrible and sad thing to see all the
hard work of scumbag plutocrats, sleazy little
property pimps, gangsters, well-bought politicians,
media drones, media economists, yuppies, idiots,
sociopaths, robopaths, etc., get sucked into the maw
of the black hole that formed from the implosion
of fraudulent economics based on Ponzi-schemes
and arrogant land-value theft.

Once a black hole has tasted the blood of deflating
and de-leveraging so-called capital, and inflated
property values, it wants ever more!

.oOo.
Comments (8)add comment

IP Freely said:

It is just the rough and tumble of business. It is this dynamic that drives innovation and wealth creation. If we had your way we'd all still be making tractors for our interminable 5 year plans.

By next week this 'black hole' will be all forgotten.

IP Freely,
JP Morgana
September 17, 2008

Ricardovitz said:

kin give ya a big hurtin! At fust Ricky jist took it by mouth. Soon Ricky wuz hankerin fer more. Then in the last few months Ricky jist takes it anyways he could. That's the way the devil works. Ya'll kin never get enough. Ricky wuz hoppin' round like an ant on a hot skillet. Ifn yer don git yerself straighten out, yer goin deerect ter Heyll.
September 18, 2008

LordyLordyLordy said:

We will be lumped with the bailout but we will forget it all by next week. By then we will back worrying over important things like whether Brtiney has her knickers on or not.
September 18, 2008

Longfellow said:

Confirming once again that capitalism (aka "free market") is a “gigantic system of speculating, swindling, and cheating"
September 18, 2008

Cynical observer said:

How many generations into the future will taxpayers have to go to pay the debts of the exalted plutocrats?
September 19, 2008

Henry George said:

We must realize that this bailout plan adds nothing to economic growth and was deemed necessary to prevent a global collapse of the defunct financial system.
The proposal will shift hundreds of billions of taxpayer dollars to purchase rotten financial assets from Wall Street institutions and banks for much more than they are worth.
September 24, 2008

Ricardovitz said:

I told you that the other shoe ain't dropped yet. I told you that the Australian Bank done bought up too much mortgages on noth'n but swamp land.

Australia is goin' down, boys and girls. Your only redemption will be pray'n to God and electin me Prime Minister of Australia.

I y'all want greatness, y'all need Ricardovitz in '10
September 24, 2008

Tony from Toorak said:

Oh Lord, luckily I didn't follow that Georgia fool's advice from back then. I'd be broke and stuck in somewhere dreadful like Sunshine!
January 22, 2012

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