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The Off Topic Topic

Started by Korea, March 10, 2009, 06:24:26 AM

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CountDeMoney

Really.  I know you guzzle a lot of free market cock, but even you have to see the concerns of the stability of the market resting upon automated trading that bypasses human interaction.
Somebody sends a LOL WHITE HAUS BOMBED HNIC HURTED tweet, and the market drops 150 points?  And the selloff in 2010 over the Citigroup assmonkey's error to forget to carry the 1?   

C'mon.  Even the Invisible Hand can't be jerking you off that well.

Admiral Yi

IT WAS 150 POINTS ON A 15,000 POINT INDEX.

CountDeMoney

And the iceberg's gash was 300 feet on 46,000 tons of displacement.

Admiral Yi

How many tons was the gash and how many feet did it displace?

And you're overlooking one fundamental difference: the market corrected when new information was recieved.  The Titanic sank.

CountDeMoney

It'll all fall part soon enough.  Nobody learned their lessons from 2008. 

Just wait until Skynet goes live, and decides to melt the economy on its own.

Admiral Yi

Of course it will all fall apart.  It's propped up by cheap money, which won't last forever.

What does that prove?  The need for a Soviet style command economy and property expropriation?

mongers

Looks like tomorrow I'll have to ask my younger, attractive neighbour, how she wants her bush cut.   :hmm:
"We have it in our power to begin the world over again"

Eddie Teach

To sleep, perchance to dream. But in that sleep of death, what dreams may come?

Barrister

Quote from: CountDeMoney on April 23, 2013, 08:13:56 PM
Really.  I know you guzzle a lot of free market cock, but even you have to see the concerns of the stability of the market resting upon automated trading that bypasses human interaction.
Somebody sends a LOL WHITE HAUS BOMBED HNIC HURTED tweet, and the market drops 150 points?  And the selloff in 2010 over the Citigroup assmonkey's error to forget to carry the 1?   

C'mon.  Even the Invisible Hand can't be jerking you off that well.

Not Hockey Night In Canada!  Nooooo!!!!!
Posts here are my own private opinions.  I do not speak for my employer.

Razgovory

Seedy is getting a little nutty on the market thing.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

Ideologue

Quote from: Admiral Yi on April 23, 2013, 08:38:16 PM
Of course it will all fall apart.  It's propped up by cheap money, which won't last forever.

What does that prove?  The need for a Soviet style command economy and property expropriation?

I knew there was a reason I had an erection.
Kinemalogue
Current reviews: The 'Burbs (9/10); Gremlins 2: The New Batch (9/10); John Wick: Chapter 2 (9/10); A Cure For Wellness (4/10)

Admiral Yi

Ide, do you seriously and honestly think a command economy is the way to go?

Ideologue

In some sectors--healthcare, energy, education, and perhaps banking--yes.

I have no desire to see local Subways owned by the government.
Kinemalogue
Current reviews: The 'Burbs (9/10); Gremlins 2: The New Batch (9/10); John Wick: Chapter 2 (9/10); A Cure For Wellness (4/10)

Ideologue

Indeed, the list of sectors that should be nationalized for the public good is almost coterminous with the list of sectors that have completely and probably irrevocably failed, and which only nationalization can save.

The counterargument is that these are all sectors which have received massive public support and are distorted because of it--on the other hand, they are absolutely key to our quality of life and economy, and permitting a true free market would mean enormous human misery and waste.  Since hybridization leads to equally bad or even worse outcomes, then, nationalization is the only viable alternative.
Kinemalogue
Current reviews: The 'Burbs (9/10); Gremlins 2: The New Batch (9/10); John Wick: Chapter 2 (9/10); A Cure For Wellness (4/10)

Tamas

Come and live in Hungary dude