THE GLOBAL FINANCIAL CRISIS......DID WE LEARN OUR LESSONS? HAS THERE BEEN CHANGES? WHAT DO YOU THINK?!

empzb

Member
Messages
229
Just seeing the money flying about for just eat and we work show we haven't learned a thing. How these companies that make **** all can be worth billions is beyond me even when I look at all the other suspect ways money could be made from them.

Same with AM, uber, deliveroo etc.
 

Wattie

Member
Messages
8,640
Just seeing the money flying about for just eat and we work show we haven't learned a thing. How these companies that make **** all can be worth billions is beyond me even when I look at all the other suspect ways money could be made from them.

Same with AM, uber, deliveroo etc.
All these IPO’s underwritten by Wall Street.
“Wolf of Wall Street x 1000
 

Wattie

Member
Messages
8,640
Just seeing the money flying about for just eat and we work show we haven't learned a thing. How these companies that make **** all can be worth billions is beyond me even when I look at all the other suspect ways money could be made from them.

Same with AM, uber, deliveroo etc.
All these IPO’s underwritten by Wall Street.
“Wolf of Wall Street x 100”
Seriously ?
of course I’m serious
 

Wattie

Member
Messages
8,640
Look at big US company total yearly profits..... Facebook, google, Coca Cola etc

Yet suddenly US banks need $100billion plus overnight everyday......till at least early next year?
Multiples of those annual profit margins- daily......or the financial system will “Clog up”.

No economists, bankers, politicians,stock pickers, news services anywhere showing concern..... even mentioning it.

Ponzi scheme.
 

Nibby

Member
Messages
2,073
As I approach my 57th birthday in December my worries
Of course I’m not worried, bankers have it all under control.
I've lived through 3 recessions in my working life and got through it, I remember getting a pamphlet Protect And Survive telling me what to do if there's a nuclear attack, it never happened and we're still here.
My concern like it always has been is the health of my family and friends